NOT LISTED FOR SALE

Estimated Value: $189,000 - $233,000

1 Bed
1 Bath
724 Sq Ft
217,669 Sq Ft Lot

Last Sold May 26, 2022

Last sale price $210,000 $290 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $1,547/month

1 Day on Market

Highlights

  • Open Floorplan
  • Clubhouse
  • Community Pool
  • Selwyn Elementary Rated A-
  • End Unit
  • Front Porch

About This Home

As of May 2022

WHAT A FIND! Updated and well maintained GROUND LEVEL one-bedroom condo in popular Franciscan Terrace - in RED HOT Montford area. Large great room with separate dining area Brand new luxury vinyl plank floors throughout, newer stainless steel appliances, granite countertops. Updated bath with subway tile & tile floor. Enormous bedroom with two large closets. Large hall closet is plenty large to add laundry connections; seller never did as laundry is easily accessible (just across parking lot) and is rarely ever occupied. Nice private patio off of great room. Fantastic location with easy access to shopping, entertainment and restaurants. Greenway is nearly complete behind complex (projected completion Spring, 2022). Incredibly low HOA dues include pool and more... To protect the home values in the community, this condo is to be OWNER OCCUPANTS ONLY. *Laundry located across parking lot. Cost to convert large storage closet to laundry room estimated between $3,000 - $5,000.*

Last Agent to Sell the Property

Debe Maxwell

Savvy + Co Real Estate License #228209 Listed on: 04/29/2022

Last Buyer's Agent

Audrey Pennell

Howard Hanna Allen Tate Center City License #326086

Howard Hanna Allen Tate Center City

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1969

Lot Details

  • Front Green Space
  • End Unit

HOA Fees

  • $231 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • Open Floorplan
  • Ceiling Fan

Kitchen

  • Built-In Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Accessible Home Design

  • More Than Two Accessible Exits

Outdoor Features

  • Patio
  • Front Porch

Schools

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

Utilities

  • Forced Air Heating System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 175-146-40

Community Details

Overview

  • Cedar Management Association, Phone Number (704) 644-8808
  • Franciscan Terrace Condos
  • Mandatory home owners association

Amenities

  • Clubhouse

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Year Built

Built in 1969

Lot Details

5 Acres

HOA Fees

$231 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 1969
  • Unit Floor Level: 1
  • Road Surface Type: Asphalt
  • Structure Type: Other
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Slab
  • Fireplace: No
  • Flooring: Tile, Vinyl
  • Interior Amenities: Open Floorplan
  • Fixture Exception Yn: 0
  • Sq Ft Additional: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 724
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 30
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 30
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Porch: Front,Patio
  • Appliances: Cable Prewire, Ceiling Fan(s), Electric Cooktop, Dishwasher, Microwave, Wall Oven
  • Accessibility Features: Two or More Access Exits
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Living Area: 724
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Half Bathrooms: 0

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Status: Complete
  • Tax Location: Charlotte
  • Construction Type: Site Built
  • Waterfront Features: None
  • Construction Type: Brick

Garage/Parking

  • Main Level Garage YN: 0
  • Parking Features: Other

Utilities

  • Heating: Central, Forced Air
  • Sewer: Public Sewer
  • Water Heater: Electric
  • Laundry Features: Common Area
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse, Outdoor Pool
  • Association Fee: 230.65
  • Association Fee Frequency: Monthly
  • Hoa Subject To Dues: Mandatory
  • Complex Name: Franciscan Terrace
  • Association Name: Cedar Management
  • Phone: 704-644-8808
  • ResoAssociationFeeFrequency: Monthly

Schools

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

Lot Info

  • Lot Features: End Unit, Flood Plain/Bottom Land, Green Area
  • Lot Size Units: Acres
  • Parcel Number: 175-146-40
  • Land Included Yn: 0
  • Zoning Description: R17MF

Tax Info

  • RATIO List Price By Tax Amount: 1.91532

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Selwyn
  • High School: Myers Park

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2022
Closed on
May 25, 2022
Sold by
Cracraft Katherine L
Bought by
Stallings Joan
Seller's Agent
Debe Maxwell
Savvy + Co Real Estate
Buyer's Agent
Audrey Pennell
Howard Hanna Allen Tate Center City
List Price
$190,000
Sold Price
$210,000
Premium/Discount to List
$20,000
10.53%
Current Estimated Value
$212,305

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,305
Avg. Annual Appreciation
0.29%

Purchase Details

Closed on
Oct 3, 2017
Sold by
Yriplett Carol J
Bought by
Cracraft Katherine L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,015
Interest Rate
3.86%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Stallings Joan $210,000 Doyle & Wallace Pllc
Cracraft Katherine L $80,000 Executive Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cracraft Katherine L $67,015
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/26/2022 05/26/22 Sold $210,000 +10.5% $290 / Sq Ft
05/01/2022 05/01/22 Pending -- -- --
04/29/2022 04/29/22 For Sale $190,000 -- $262 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 -- $204,696 -- $204,696
2024 -- $204,696 -- $204,696
2023 $1,083 $204,696 $0 $204,696
2022 $1,083 $99,200 $0 $99,200
2021 $1,072 $99,200 $0 $99,200
2020 $1,064 $99,200 $0 $99,200
2019 $1,049 $99,200 $0 $99,200
2018 $925 $64,900 $17,500 $47,400
2017 $903 $64,900 $17,500 $47,400
2016 $894 $64,900 $17,500 $47,400
2015 $882 $64,900 $17,500 $47,400
2014 $873 $64,900 $17,500 $47,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3853680

Canopy MLS (Canopy Realtor® Association)

APN: 175-146-40

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