$200,000
SOLD MAR 10, 2025

4754 Hedgemore Dr Unit E Charlotte, NC 28209

Madison Park Neighborhood
2 Beds
2 Baths
1,077 Sq Ft
$307/mo HOA Fee

Recently Sold

$186 Per Sq Ft

23% Below List Price

122 Days on Market

Highlights

  • Covered patio or porch
  • Balcony
  • 1-Story Property
  • Selwyn Elementary Rated A-
  • Laundry Room
  • Four Sided Brick Exterior Elevation

About This Home

As of March 2025

Back on market with no fault to the seller. Come enjoy low maintenance living at Franciscan Terrace within the Montford Park area. Walking distance to restaurants, shops, nightlife, greenway, and more. This condo is on the main level - no stairs! It features 2 bedrooms and 2 bathrooms and balcony porch. There is a community pool and clubhouse. Easy access to Southpark Mall and Uptown Charlotte.

Last Agent to Sell the Property

Deanna Murphree

DSM Properties Inc Brokerage Email: deanna@dsmpropertiesinc.com License #C37090 Listed on: 10/25/2024

Last Buyer's Agent

Leigh Brown

One Community Real Estate License #213785

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,747

Year Built

  • Built in 1969

HOA Fees

  • $307 Monthly HOA Fees

Parking

  • 2 Assigned Parking Spaces

Home Design

  • Slab Foundation
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 1,077 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Laundry Room

Kitchen

  • Electric Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Balcony
  • Covered patio or porch

Schools

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

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • Red Rock Management Association, Phone Number (888) 757-3376
  • Franciscan Terrace Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 175-143-38

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,747

Year Built

Built in 1969

Lot Details

0

HOA Fees

$307 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 1969
  • Special Assessment Yn: 1
  • Special Assessment Description: Yes, roof. Seller will pay @ closing
  • Road Surface Type: Asphalt, Paved
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 185.70
  • Bedroom Lower: 0
  • Geocode Confidence: High
  • Attribution Contact: deanna@dsmpropertiesinc.com
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Entry Level: 1
  • Fireplace: No
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1077
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Electric Oven, Microwave, Refrigerator
  • Above Grade Finished Sq Ft: 1077
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Living Area: 1077
  • Bedroom Main: 2
  • Room Count: 8
  • Bedroom Basement: 0
  • Bedroom Third: 0

Exterior Features

  • New Construction: No
  • Construction Type: Site Built
  • Construction Type: Brick Full
  • Patio And Porch Features: Balcony, Covered

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Assigned
  • Assigned Spaces: 2

Utilities

  • Heating: Electric, Heat Pump
  • Sewer: Public Sewer
  • Laundry Features: In Unit
  • Cooling: Ceiling Fan(s), Central Air
  • Water Source: City

Condo/Co-op/Association

  • Association Fee: 307.18
  • Association Fee Frequency: Monthly
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: Red Rock Management
  • Phone: 888-757-3376
  • ResoAssociationFeeFrequency: Monthly
  • Association Email: support@gowithredrock.com

Association/Amenities

  • Association Annual Expense: 3686.16

Schools

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

Lot Info

  • Parcel Number: 175-143-38
  • Land Included Yn: 0
  • Zoning Specification: R17MF

MLS Schools

  • Elementary School: Selwyn
  • High School: Myers Park

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2024
Closed on
Mar 6, 2025
Sold by
Derr Catherine Wingate and Sikes Kelly W
Bought by
Rocco Residential Group Llc
Seller's Agent
Deanna Murphree
DSM Properties Inc
Buyer's Agent
Leigh Brown
One Community Real Estate
List Price
$260,000
Sold Price
$200,000
Premium/Discount to List
-$60,000
-23.08%
Views
203

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
156.30%
Original Mortgage
$203,000
Outstanding Balance
$153,563
Interest Rate
6.96%
Mortgage Type
Construction
Estimated Equity
$135,135
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 $200,000 Investors Title
Warranty Deed $200,000 Investors Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $203,000 Construction
Closed $203,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2025 07/01/25 Price Changed $315,000 -3.1% $292 / Sq Ft
06/12/2025 06/12/25 For Sale $325,000 +62.5% $302 / Sq Ft
03/10/2025 03/10/25 Sold $200,000 -13.8% $186 / Sq Ft
02/07/2025 02/07/25 Price Changed $232,000 -2.1% $215 / Sq Ft
01/09/2025 01/09/25 Price Changed $237,000 -2.1% $220 / Sq Ft
12/10/2024 12/10/24 Price Changed $242,000 -3.2% $225 / Sq Ft
11/13/2024 11/13/24 Price Changed $250,000 -3.8% $232 / Sq Ft
10/25/2024 10/25/24 For Sale $260,000 -- $241 / 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 $1,747 $210,431 $0 $210,431
2022 $1,464 $138,700 $0 $138,700
2021 $1,453 $138,700 $0 $138,700
2020 $1,446 $138,700 $0 $138,700
2019 $1,430 $138,700 $0 $138,700
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: 4194238

Canopy MLS (Canopy Realtor® Association)

APN: 175-143-38