NOT LISTED FOR SALE

Estimated Value: $309,000 - $351,000

3 Beds
2 Baths
1,872 Sq Ft
$178/Sq Ft Est. Value

Last Sold August 05, 2022

Last sale price $249,000 $133 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $1,943/month

About This Home

As of August 2022

Located in east Charlotte with close restaurants and shopping, this fixer upper is priced to sell! Being sold AS IS, it's ready for your touches to turn this home around and would be a great property for that savvy investor or flipper.

Last Agent to Sell the Property

Sean McGovern

Keller Williams Ballantyne Area License #252953 Listed on: 07/15/2022

Keller Williams Ballantyne Area

Last Buyer's Agent

George Kypreos

Keller Williams South Park License #313543

Keller Williams South Park

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,032

Year Built

  • Built in 1982

Lot Details

  • 0.28

Parking

  • Driveway

Home Design

  • Slab Foundation
  • Wood Siding

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Lawrence Orr Elementary School
  • Cochran Collegiate Academy Middle School
  • Garinger High School

Additional Features

  • Electric Oven
  • Laundry Room
  • Zoning described as R3
  • Heat Pump System

Community Details

  • Verndale Farms Subdivision

Listing and Financial Details

  • Assessor Parcel Number 103-094-31

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,032

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1982
  • Ratio Current Price By Acre: 889285.71
  • Road Surface Type: Asphalt
  • Structure Type: One Story
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 133.01
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Fixture Exception Yn: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1872
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 739
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 739
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Appliances: Electric Oven
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1872
  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • New Construction: No
  • Tax Location: Charlotte
  • Construction Type: Site Built
  • Construction Type: Wood Siding

Garage/Parking

  • Main Level Garage YN: 1
  • Parking Features: Driveway, Garage - 2 Car

Utilities

  • Heating: Heat Pump, Heat Pump
  • Sewer: Public Sewer
  • Water Heater: Electric
  • Laundry Features: Main Level
  • Water Source: Public

Schools

  • Middle Or Junior School: Cochran Collegiate Academy
  • HOA Subject To: None

Lot Info

  • Lot Size Area: 0.28
  • Lot Size Units: Acres
  • Parcel Number: 103-094-31
  • Zoning Description: R3

Tax Info

  • RATIO List Price By Tax Amount: 1.48128

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Lawrence Orr
  • High School: Garinger

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2022
Closed on
Aug 3, 2022
Sold by
Lapp Jr Earl L
Bought by
Residential Home Buyer-E Charlotte Llc
Seller's Agent
Sean McGovern
Keller Williams Ballantyne Area
Buyer's Agent
George Kypreos
Keller Williams South Park
List Price
$269,000
Sold Price
$249,000
Premium/Discount to List
-$20,000
-7.43%
Current Estimated Value
$321,251

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,251
Avg. Annual Appreciation
9.73%
Original Mortgage
$262,080
Outstanding Balance
$257,297
Interest Rate
5.81%
Mortgage Type
New Conventional
Estimated Equity
$71,988

Purchase Details

Closed on
Jun 25, 1982
Bought by
Lapp Earl L and Lapp Mildred S
Source: Public Records

Range of Values:

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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
Residential Home Buyer-E Charlotte Llc $249,000 Wilson & Beam Lawyers
Lapp Earl L $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Residential Home Buyer-E Charlotte Llc $262,080
Previous Owner Lapp Earl L $27,000
Previous Owner Lapp Earl L $104,100
Previous Owner Lapp Earl L $103,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2022 08/05/22 Sold $249,000 -7.4% $133 / Sq Ft
07/15/2022 07/15/22 Pending -- -- --
07/15/2022 07/15/22 For Sale $269,000 -- $144 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Tax History Compared to Growth

Source: Public Records

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 $2,032 $258,100 $85,000 $173,100
2022 $1,752 $181,600 $40,000 $141,600
2021 $1,867 $181,600 $40,000 $141,600
2020 $1,860 $181,600 $40,000 $141,600
2019 $1,844 $181,600 $40,000 $141,600
2018 $1,517 $110,000 $19,000 $91,000
2017 $1,487 $110,000 $19,000 $91,000
2016 $1,477 $110,000 $19,000 $91,000
2015 $1,466 $109,300 $19,000 $90,300
2014 $1,634 $122,400 $19,000 $103,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3877632

Canopy MLS (Canopy Realtor® Association)

APN: 103-094-31