NOT LISTED FOR SALE

4731 Americana Ave Unit 125 Charlotte, NC 28215

Eastway Neighborhood

Estimated Value: $136,000 - $204,251

2 Beds
1 Bath
915 Sq Ft
$86/mo HOA Fee

Last Sold September 22, 2021

Last sale price $125,000 $137 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $1,010/month

3 Days on Market

About This Home

As of September 2021

Amazing opportunity to own a full brick Condo with positive cash flow near HOT and desirable neighborhoods Noda and Plaza Midwood right off the Plaza Rd and just 12 minutes from uptown Charlotte. Great investment with low maintenance and potential for significant rental increase. Or Provide tenant a notice to vacate and make it your personal residence. Tenant pays all utilities including lawn care. This well performing condo features about 915' with 2 bedrooms, 1 bath, living room and eat-in kitchen, laundry and concrete patio. Yearly rental income is $9,540 Market rents for units this size are $1100 (Potential yearly rent is $13,200 after some cosmetic renovation) Inherit a long term stable tenant that has never missed a payment even through the pandemic. ( DO NOT DISTURB TENANT. DO NOT WALK THE PROPERTY WITHOUT AUTHORIZATION). Viewings ONLY after accepted contract. DD fee won't be due until the day of the walkthrough. Professional management company in place.

Last Agent to Sell the Property

William Orozco

New View Realty Group License #279063 Listed on: 08/31/2021

Last Buyer's Agent

Valerie Greene

EXP Realty LLC Ballantyne License #256173

EXP Realty LLC Ballantyne

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1965

Lot Details

  • 0.25

HOA Fees

  • $86 Monthly HOA Fees

Additional Features

  • Vinyl Flooring
  • 1 Full Bathroom
  • Crawl Space
  • Cable TV Available

Community Details

  • William Douglas Management Compan Association, Phone Number (704) 347-8900

Listing and Financial Details

  • Assessor Parcel Number 097-186-44

Property Details

Home Type

Condominium

Year Built

Built in 1965

Lot Details

0

HOA Fees

$86 per month

Listing Details

  • Property Type: Condo/Townhouse
  • Property Sub Type: 1 Story
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Acre: 500000.00
  • Ratio Current Price By Sq Ft: 136.61
  • Unit Floor Level: 2
  • Year Built: 1965
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Entry Level: Main
  • Equipment: Cable Prewire, CO Detector, Electric Range, Exhaust Fan, Exhaust Hood, Refrigerator
  • Flooring: Carpet, Vinyl
  • H O A Management Phone: 704-347-8900
  • Interior Amenities: Cable Available
  • Laundry Location: Main, Utility Room
  • Room Count: 1
  • Main Level Sq Ft: 915
  • Total Sq Ft: 915

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Concrete

Utilities

  • Heating: Central Air, Electric Hot Air, Gas Hot Air Furnace
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Fee: 85.85
  • Association Fee Frequency: Monthly
  • HOA Management Company: William Douglas Management Compan
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Land Included Yn: Yes
  • Lot Size Area: 0.250
  • Parcel Number: 097-186-44
  • Zoning Specification: R22MF

Tax Info

  • Tax Value: 44700.00
  • Tax Location: Charlotte

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 2, 2023
Sold by
Davis Eddie R and Davis Rhonda Ann
Bought by
Bettenbop Llc
Current Estimated Value
$166,813

Purchase Details

Listed on
Aug 31, 2021
Closed on
Sep 22, 2021
Sold by
Connor Grace Llc
Bought by
Davis Eddie and Davis Rhonda
Seller's Agent
William Orozco
New View Realty Group
Buyer's Agent
Valerie Greene
EXP Realty LLC Ballantyne
List Price
$125,000
Sold Price
$125,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.50%

Purchase Details

Closed on
Jan 30, 2020
Sold by
Patterson Judith D
Bought by
Connor Grace Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
3.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 20, 2001
Sold by
Cain James G
Bought by
Patterson Judith D
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
Bettenbop Llc -- None Listed On Document
Bettenbop Llc -- None Listed On Document
Davis Eddie $125,000 None Available
Connor Grace Llc $50,000 None Available
Patterson Judith D $35,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Davis Eddie $94,500
Previous Owner Connor Grace Llc $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/22/2021 09/22/21 Sold $125,000 0.0% $137 / Sq Ft
09/03/2021 09/03/21 Pending -- -- --
08/31/2021 08/31/21 For Sale $125,000 -- $137 / 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
2025 -- $154,776 -- $154,776
2024 -- $154,776 -- $154,776
2023 $431 $154,776 $0 $154,776
2022 $431 $44,700 $0 $44,700
2021 $546 $44,700 $0 $44,700
2020 $539 $44,700 $0 $44,700
2019 $523 $44,700 $0 $44,700
2018 $527 $34,600 $6,000 $28,600
2017 $511 $34,600 $6,000 $28,600
2016 $501 $34,600 $6,000 $28,600
2015 $490 $34,600 $6,000 $28,600
2014 $483 $34,600 $6,000 $28,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3780355

Canopy MLS (Canopy Realtor® Association)

APN: 097-186-44