NOT LISTED FOR SALE

Estimated Value: $124,000 - $228,000

3 Beds
1 Bath
1,098 Sq Ft
$155/Sq Ft Est. Value

Last Sold September 16, 2024

Last sale price $133,000 $121 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $1,056/month

60 Days on Market

Highlights

  • Laundry Room
  • 1-Story Property
  • Central Heating

About This Home

As of September 2024

Welcome to 4616 Hovis Road, an investment property offering an incredible range of opportunities from holding as-is, a fix-and-flip opportunity or a knockdown on the large .327 acre lot (note, this home is sold concurrently with the separate side lot which is Parcel ID 06310219). The location is the best part as it is minutes away from uptown Charlotte, South End, the airport and the burgeoning West End. This 3 bedroom and 1 bathroom would provide immediate cash flow as it is currently rented to a long-term tenant on a month-to-month basis who would like to stay if given the opportunity. Alternatively, this home makes an ideal candidate for renovation and resale or rental as a lucrative rental investment. With an attractive price point, this single-family residence can also serve as an amazing starter home or primary residence with repairs. Realtor has an ownership interest in this property. Washer/dryer are personal property of tenant. Home sold As-Is.

Last Agent to Sell the Property

Adam Smith

Adam Jay Smith Brokerage Email: adamunc@gmail.com License #312655 Listed on: 07/03/2024

Last Buyer's Agent

Non Member

Canopy Administration

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1921

Lot Details

  • Property is zoned R5

Parking

  • Driveway

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,098 Sq Ft Home
  • 1-Story Property
  • Electric Oven

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Basement

  • Dirt Floor
  • Crawl Space

Utilities

  • Window Unit Cooling System
  • Central Heating
  • Electric Water Heater

Community Details

  • Thomasboro Subdivision

Listing and Financial Details

  • Assessor Parcel Number 063-102-06

Home Details

Home Type

Single Family

Year Built

Built in 1921

Lot Details

0.32 Acres

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1921
  • Special Assessment Description: none
  • Proposed Special Assessment Desc: none
  • Road Surface Type: Gravel, Concrete
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 121.13
  • Bedroom Lower: 0
  • Geocode Confidence: High
  • Attribution Contact: adamunc@gmail.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: No
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1098
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 0
  • Appliances: Electric Oven, Electric Water Heater, Refrigerator
  • Above Grade Finished Sq Ft: 1098
  • Has Basement: Dirt Floor
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 1098
  • Bedroom Main: 3
  • Bedroom Basement: 0
  • Bedroom Third: 0

Exterior Features

  • New Construction: No
  • Construction Type: Site Built
  • Waterfront Features: None
  • Construction Type: Vinyl

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Driveway

Utilities

  • Heating: Central
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup, In Hall
  • Cooling: Window Unit(s)
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: None

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 063-102-06
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R5

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2024
Closed on
Sep 13, 2024
Sold by
Savvy Smiths Ii Llc
Bought by
Aether Partners Llc
Seller's Agent
Adam Smith
Adam Jay Smith
Buyer's Agent
Non Member
Canopy Administration
List Price
$199,900
Sold Price
$133,000
Premium/Discount to List
-$66,900
-33.47%
Views
118
Current Estimated Value
$170,166

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,166
Avg. Annual Appreciation
17.85%
Original Mortgage
$184,677
Outstanding Balance
$181,838
Interest Rate
6.73%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$11,672

Purchase Details

Closed on
Mar 4, 2021
Sold by
Savvy Smiths Ii Llc
Bought by
Savvy Smiths Ii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
2.7%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Feb 12, 2018
Sold by
Smith Adam and Smith Natalie R
Bought by
Savvy Smiths Ii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,750
Interest Rate
3.99%
Mortgage Type
Commercial

Purchase Details

Listed on
Nov 9, 2017
Closed on
Nov 11, 2017
Sold by
Putman Putman C and Putman Clarence Evans
Bought by
Smith Adam and Smith Natalie R
Seller's Agent
Kathryn Cook-Crespo
Nestlewood Realty, LLC
Buyer's Agent
Sarah Wojcio
EXP Realty LLC Mooresville
List Price
$69,900
Sold Price
$69,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.31%

Purchase Details

Closed on
Dec 12, 2007
Sold by
Wilworth Properties Llc
Bought by
Putman C Evans

Purchase Details

Closed on
Mar 29, 2007
Sold by
West Otho L and West Jewell J
Bought by
Wilworth Properties Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Aether Partners Llc $135,000 Trademark Title
Savvy Smiths Ii Llc -- None Available
Savvy Smiths Ii Llc -- None Available
Smith Adam $70,000 None Available
Putman C Evans $58,000 None Available
Wilworth Properties Llc $36,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aether Partners Llc $184,677
Previous Owner Savvy Smiths Ii Llc $900,000
Previous Owner Savvy Smiths Ii Llc $237,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/16/2024 09/16/24 Sold $133,000 -33.5% $121 / Sq Ft
07/03/2024 07/03/24 For Sale $199,900 +186.0% $182 / Sq Ft
11/29/2017 11/29/17 Sold $69,900 0.0% $62 / Sq Ft View Prior Sale
11/09/2017 11/09/17 Pending -- -- --
11/09/2017 11/09/17 For Sale $69,900 0.0% $62 / Sq Ft
09/25/2016 09/25/16 Rented $750 0.0% --
09/25/2016 09/25/16 For Rent $750 0.0% --
12/23/2015 12/23/15 Rented $750 0.0% --
11/23/2015 11/23/15 Under Contract -- -- --
10/05/2015 10/05/15 For Rent $750 -- --
Source: Canopy MLS (Canopy Realtor® Association)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 -- $148,800 $55,000 $93,800
2024 -- $148,800 $55,000 $93,800
2023 $1,231 $148,800 $55,000 $93,800
2022 $903 $80,600 $15,000 $65,600
2021 $778 $80,600 $15,000 $65,600
2020 $778 $80,600 $15,000 $65,600
2019 $869 $80,600 $15,000 $65,600
2018 $812 $56,300 $10,300 $46,000
2017 $792 $56,300 $10,300 $46,000
2016 $782 $56,300 $10,300 $46,000
2015 $771 $56,300 $10,300 $46,000
2014 $889 $64,400 $10,300 $54,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4157728

Canopy MLS (Canopy Realtor® Association)

APN: 063-102-06

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