$132,000
SOLD OCT 11, 2017

4736 Hedgemore Dr Unit A Charlotte, NC 28209

Madison Park Neighborhood
2 Beds
2 Baths
1,100 Sq Ft
1969 Built

Recently Sold

$120 Per Sq Ft

4% Above List Price

4 Days on Market

Highlights

  • Clubhouse
  • Community Pool
  • Patio
  • Selwyn Elementary Rated A-
  • Front Porch
  • Laundry Room

About This Home

As of August 2019

COMPLETE RENOVATION!!! Custom kitchen, baths, new flooring, paint, even the ceilings have had "popcorn" removed! This is a first floor condo that overlooks the pool & clubhouse. Franciscan Terrace is slated by the city to have the Little Sugar Creek Greenway adjoin the complex. Walk to Park Road Shopping Center, restaurants on Montford Drive, Park Towne Village and more. Absolutely no investors.

Last Agent to Sell the Property

Richard Toler

Coldwell Banker Realty Brokerage Email: richardtoler@prodigy.net License #207080 Listed on: 09/22/2017

Coldwell Banker Realty

Last Buyer's Agent

Bobby Downey

NextHome Paramount License #280811

NextHome Paramount

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,636

Year Built

  • Built in 1969

Lot Details

  • Paved or Partially Paved Lot

HOA Fees

  • $237 Monthly HOA Fees

Home Design

  • Property Attached
  • Flat Roof Shape
  • Slab Foundation
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 1-Story Property

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Range Hood
  • <<microwave>>
  • Plumbed For Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Outdoor Features

  • Patio
  • Front Porch

Schools

  • Selwyn Elementary School
  • Alexander Graham Middle School
  • Myers Park High School

Utilities

  • Central Heating
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 175-143-14

Community Details

Overview

  • Greenway Management Association, Phone Number (704) 940-0847
  • Franciscan Terrace Condos
  • Mandatory home owners association

Amenities

  • Clubhouse

Recreation

  • Community Pool

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,636

Year Built

Built in 1969

Lot Details

0

HOA Fees

$237 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Other
  • Year Built: 1969
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Asphalt, Paved
  • Unit Levels: One
  • Property Attached Yn: Yes
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 120.00
  • Attribution Contact: richardtoler@prodigy.net
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Entry Level: 1
  • Fireplace: No
  • Flooring: Carpet, Laminate, Tile
  • Interior Amenities: Cable Prewire
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1100
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 60
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 60
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Exhaust Hood, Microwave, Plumbed For Ice Maker
  • Above Grade Finished Sq Ft: 1100
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Main
  • Living Area: 1100
  • Bedroom Main: 2
  • Room Count: 7
  • Sq Ft Other: 0

Exterior Features

  • New Construction: No
  • Roof: Flat
  • Construction Type: Site Built
  • Waterfront Elevation: 1000
  • Construction Type: Brick Full
  • Patio And Porch Features: Front Porch, Patio

Garage/Parking

  • Main Level Garage YN: 0
  • Parking Features: Other - See Remarks

Utilities

  • Heating: Central, Heat Pump
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup, Main Level
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Clubhouse, Outdoor Pool
  • Association Fee: 237.35
  • Association Fee Frequency: Monthly
  • Hoa Subject To Dues: Mandatory
  • Complex Name: Franciscan Terrace
  • Association Name: Greenway Management
  • Phone: 704-940-0847
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Schools

  • Middle Or Junior School: Alexander Graham
  • HOA Subject To: Required

Lot Info

  • Lot Features: Paved
  • Parcel Number: 175-143-14
  • Land Included Yn: 0
  • Development Status: Completed
  • Zoning Description: Condominium
  • Zoning Specification: R17MF

Green Features

  • Green Verification Count: 1

Rental Info

  • Pets Allowed: Conditional

MLS Schools

  • Elementary School: Selwyn
  • High School: Myers Park

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2019
Closed on
Aug 17, 2019
Sold by
Reed Gary E and Reed Lisa W
Bought by
Robinson Brett L
Seller's Agent
Bobby Downey
NextHome Paramount
Buyer's Agent
Non Member
Canopy Administration
List Price
$175,000
Sold Price
$162,500
Premium/Discount to List
-$12,500
-7.14%
Current Estimated Value
$272,508

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,008
Avg. Annual Appreciation
9.22%
Original Mortgage
$8,000
Outstanding Balance
$7,097
Interest Rate
3.7%
Mortgage Type
Stand Alone Second
Estimated Equity
$265,411

Purchase Details

Listed on
Sep 22, 2017
Closed on
Oct 10, 2017
Sold by
Melvin Matt
Bought by
The Reed Family Trust
Seller's Agent
Richard Toler
Coldwell Banker Realty
Buyer's Agent
Bobby Downey
NextHome Paramount
List Price
$127,000
Sold Price
$132,000
Premium/Discount to List
$5,000
3.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.69%
Original Mortgage
$105,500
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 21, 2013
Sold by
Charlotte Property Investments Llc
Bought by
Melvin Matt

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,500
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 23, 2012
Sold by
Franciscan Terrace Homeowners Assocation
Bought by
Charlotte Property Investments Llc
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $162,500 None Available
Warranty Deed $132,000 Harbor City Title Ins Agency
Warranty Deed $92,500 None Available
Foreclosure Deed $5,750 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $8,000 Stand Alone Second
Open $156,500 New Conventional
Previous Owner $105,500 New Conventional
Previous Owner $92,500 New Conventional
Previous Owner $74,950 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2019 08/27/19 Sold $162,500 -1.5% $148 / Sq Ft
07/27/2019 07/27/19 Pending -- -- --
07/21/2019 07/21/19 Price Changed $164,900 -2.9% $150 / Sq Ft
07/09/2019 07/09/19 Price Changed $169,900 -2.9% $154 / Sq Ft
06/21/2019 06/21/19 For Sale $175,000 +32.6% $159 / Sq Ft
10/11/2017 10/11/17 Sold $132,000 +3.9% $120 / Sq Ft
09/26/2017 09/26/17 Pending -- -- --
09/22/2017 09/22/17 For Sale $127,000 -- $115 / 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 $1,636 $204,059 $0 $204,059
2022 $1,470 $139,300 $0 $139,300
2021 $1,459 $139,300 $0 $139,300
2020 $1,451 $139,300 $0 $139,300
2019 $1,436 $139,300 $0 $139,300
2018 $1,300 $93,500 $30,000 $63,500
2017 $1,273 $93,500 $30,000 $63,500
2016 $1,264 $93,500 $30,000 $63,500
2015 $1,252 $93,500 $30,000 $63,500
2014 $1,240 $93,500 $30,000 $63,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3318040

Canopy MLS (Canopy Realtor® Association)

APN: 175-143-14