4616 Hovis Rd Charlotte, NC 28208
Thomasboro-Hoskins Neighborhood
3
Beds
1
Bath
1,098
Sq Ft
0.32
Acres
Highlights
- Laundry Room
- 1-Story Property
- Central Heating
About This Home
As of September 2024Welcome 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 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
Est. Annual Taxes
- $1,231
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
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%
Total Days on Market
60
Views
118
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,385
Avg. Annual Appreciation
48.70%
Original Mortgage
$184,677
Outstanding Balance
$183,541
Interest Rate
6.73%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$5,156
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
13.23%
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
Similar Home in Charlotte, NC
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $135,000 | Trademark Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $70,000 | None Available | |
| Warranty Deed | $58,000 | None Available | |
| Warranty Deed | $36,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $184,677 | Credit Line Revolving | |
| Previous Owner | $2,403,500 | New Conventional | |
| Previous Owner | $900,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $237,750 | Commercial | |
| Previous Owner | $30,000 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 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 |
| 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 Compared to Growth
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 |
|---|---|---|---|---|
| 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
-
Adam Smith
A
Seller's Agent in 2024
Adam Smith
Adam Jay Smith
(202) 425-8945
1 in this area
11 Total Sales
-
N
Buyer's Agent in 2024
Non Member
NC_CanopyMLS
-
Kathryn Cook-Crespo
Seller's Agent in 2017
Kathryn Cook-Crespo
Nestlewood Realty, LLC
(704) 998-9520
2 in this area
147 Total Sales
-
Sarah Wojcio
Buyer's Agent in 2017
Sarah Wojcio
EXP Realty LLC Mooresville
(980) 226-8895
18 Total Sales
-
Kevin Stringari
K
Seller's Agent in 2016
Kevin Stringari
Bottom Line Property Management LLC
(704) 900-4462
46 Total Sales
Map
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: 4157728
APN: 063-102-06
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