$269,000
$16K PRICE DROP

4739 Hedgemore Dr Unit O Charlotte, NC 28209

Madison Park Neighborhood

Estimated payment $1,867/month

Total Views 17,887
2 Beds
2 Baths
1,076 Sq Ft
$250 Price per Sq Ft

Highlights

  • In Ground Pool
  • 4.99 Acre Lot
  • Balcony
  • Selwyn Elementary Rated A-
  • Transitional Architecture
  • Rear Porch

About This Home

Welcome to Franciscan Terrace, a well-established community tucked into the heart of Montford Park. This spacious 2-bedroom, 2-full-bath condominium offers a compelling combination of location, livability, and long-term value. Inside, the home features durable laminate flooring, updated bathrooms, and a bright, functional kitchen. The sliding glass door provides natural light and overlook the Little Sugar Creek Greenway. Enjoy morning coffee or evening downtime on the covered balcony. Franciscan Terrace stands out for its strong HOA value, with dues that are notably lower on a cost-per-square-foot basis than many nearby condo communities. HOA dues include water, sewer, trash, exterior maintenance, and community pool access—helping keep ownership costs predictable. Ideally located within walking distance of Montford Drive’s restaurants and entertainment, the greenway system, and just minutes to SouthPark, Park Road Shopping Center, Uptown, and major medical and employment centers. This is an excellent opportunity to own in one of Charlotte’s most desirable and established neighborhoods.

Listing Agent

Frank Turner

Howard Hanna Allen Tate Southpark Brokerage Email: frank.turner@howardhannatate.com License #289063 Listed on: 10/31/2025

Howard Hanna Allen Tate Southpark

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1969

Lot Details

  • Sloped Lot

HOA Fees

  • $338 Monthly HOA Fees

Home Design

  • Transitional Architecture
  • Modern Architecture
  • Entry on the 1st floor
  • Flat Roof Shape
  • Brick Exterior Construction
  • Built-Up Roof
  • Vinyl Siding

Interior Spaces

  • 1,076 Sq Ft Home
  • 1-Story Property
  • Sliding Doors
  • Laminate Flooring
  • Crawl Space
  • Laundry Room

Kitchen

  • Electric Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Parking

  • 2 Open Parking Spaces
  • Parking Lot

Pool

  • In Ground Pool
  • Fence Around Pool

Outdoor Features

  • Access to stream, creek or river
  • Balcony
  • Rear Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Fiber Optics Available
  • Cable TV Available

Community Details

  • Red Rock Management Association, Phone Number (704) 516-9628
  • Franciscan Terrace Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 175-146-61

Property Details

Home Type

Condominium

Year Built

Built in 1969

Lot Details

4.99 Acres

HOA Fees

$338 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Modern, Transitional
  • Year Built: 1969
  • Restrictions: Rental – See Restrictions Description
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Restrictions Description: Franciscan Terrace has a 15% rental cap, rentals currently make up 13.49%, the board of directors must approve all rentals.
  • Road Surface Type: Asphalt, Paved
  • Unit Levels: One
  • Ratio CurrentPrice/TotalPropertyHLA: 250.00
  • Property Sub Type Additional: Garden,Eightplex+
  • Bedroom Lower: 0
  • Geocode Confidence: High
  • Attribution Contact: frank.turner@howardhannatate.com
  • Special Features: None

Interior Features

  • Foundation Details: Basement, Crawl Space
  • Entry Level: 1
  • Fireplace: No
  • Flooring: Laminate
  • Interior Amenities: Walk-In Closet(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1076
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Electric Cooktop
  • Above Grade Finished Sq Ft: 1076
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Sliding Doors
  • Living Area: 1076
  • Bedroom Main: 2
  • Bedroom Basement: 0
  • Bedroom Third: 0

Exterior Features

  • New Construction: No
  • Roof: Built-Up, Flat
  • Construction Type: Site Built
  • Pool Features: Fenced, In Ground, Outdoor Pool
  • Construction Type: Brick Partial, Vinyl
  • Patio And Porch Features: Balcony, Rear Porch

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Parking Features: Parking Lot, Parking Space(s)

Utilities

  • Heating: Central
  • Sewer: Public Sewer
  • Laundry Features: Laundry Closet, Main Level
  • Cooling: Central Air
  • Utilities: Cable Available, Electricity Connected, Fiber Optics
  • Water Source: City

Condo/Co-op/Association

  • Association Fee: 337.89
  • Association Fee Frequency: Monthly
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: Red Rock Management
  • Phone: 704-516-9628
  • Association: Yes
  • Association Email: frank.turner@allentate.com

Association/Amenities

  • Association Annual Expense: 4054.68

Schools

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

Lot Info

  • Lot Features: Sloped, Creek/Stream
  • Lot Size Units: Acres
  • Parcel Number: 175-146-61
  • Land Included Yn: 0
  • Development Status: Completed
  • Lot Size Acres: 4.987
  • Additional Parcels: No
  • Zoning Specification: Condo

Rental Info

  • Pets Allowed: Yes, Conditional

MLS Schools

  • Elementary School: Selwyn
  • High School: Myers Park

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $1,744 $210,039 -- $210,039
2024 $1,744 $210,039 -- $210,039
2023 $1,680 $210,039 $0 $210,039
2022 $1,453 $137,600 $0 $137,600
2021 $1,442 $137,600 $0 $137,600
2020 $1,435 $137,600 $0 $137,600
2019 $1,419 $137,600 $0 $137,600
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

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/18/2026 01/18/26 Price Changed $269,000 -2.2% $250 / Sq Ft
11/14/2025 11/14/25 Price Changed $275,000 -3.5% $256 / Sq Ft
10/31/2025 10/31/25 For Sale $285,000 +86.3% $265 / Sq Ft
12/27/2018 12/27/18 Sold $153,000 +2.1% $137 / Sq Ft View Prior Sale
11/09/2018 11/09/18 Pending -- -- --
10/31/2018 10/31/18 For Sale $149,900 -- $135 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $153,000 Chicago Title
Warranty Deed $131,000 None Available
Warranty Deed $94,500 None Available
Warranty Deed $86,000 None Available
Warranty Deed $64,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $142,000 New Conventional
Previous Owner $89,775 New Conventional
Previous Owner $86,000 Purchase Money Mortgage
Previous Owner $51,750 Purchase Money Mortgage
Source: Public Records

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4317940

Canopy MLS (Canopy Realtor® Association)

APN: 175-146-61

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