NOT LISTED FOR SALE

4823 Spring Lake Dr Unit B Charlotte, NC 28212

Eastland-Wilora Lake Neighborhood

Estimated Value: $121,000 - $135,892

2 Beds
2 Baths
1,053 Sq Ft
$256/mo HOA Fee

Last Sold September 21, 2017

Last sale price $48,000 $46 Per Sq Ft

Est. 173% increase in value since last sale

Current estimated payment $1,055/month

2 Days on Market

Highlights

  • Colonial Architecture
  • Pond
  • Tennis Courts
  • Clubhouse
  • Community Pool
  • Storm Doors

About This Home

As of September 2017

Fantastic investment property opportunity. Great 2 bed 2 bath, ground floor condominium. Very easy property to keep occupied with low maintenance expenses. Property is vacant and in the process of a turnover. The pictures are out dated.

Last Agent to Sell the Property

Jake Allen

Jacob Allen License #286814 Listed on: 08/22/2017

Last Buyer's Agent

Andrea Vacaflor Ayoroa

Coldwell Banker Realty License #297679

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1981

Lot Details

  • 6,970

HOA Fees

  • $256 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Slab Foundation
  • Vinyl Siding

Home Security

Additional Features

  • Vinyl Flooring
  • 2 Full Bathrooms
  • Pond
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 103-08-308

Community Details

Overview

  • Henderson Properties Association, Phone Number (704) 970-4155

Recreation

  • Tennis Courts
  • Community Pool

Additional Features

  • Clubhouse
  • Storm Doors

Property Details

Home Type

Condominium

Year Built

Built in 1981

Lot Details

0

HOA Fees

$256 per month

Listing Details

  • Property Type: Condo/Townhouse
  • Property Sub Type: 1 Story
  • Architectural Style: Colonial
  • Construction Status: Complete
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 0.92308
  • Ratio Current Price By Acre: 300000.00
  • Ratio Current Price By Sq Ft: 45.58
  • Unit Floor Level: 1
  • Year Built: 1981
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Slab
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • Doors and Windows: Storm Door(s)
  • Entry Level: Main
  • Equipment: CO Detector, Cable Prewire, Disposal, Dishwasher, Electric Range, Exhaust Fan, Electric Oven
  • Flooring: Carpet, Vinyl
  • H O A Management Phone: 704-970-4155
  • Interior Amenities: Cable Available
  • Laundry Location: Main, Laundry Room
  • Room Count: 1
  • Main Level Sq Ft: 1053
  • Total Sq Ft: 1053
  • Sq Ft Unheated Main: 174
  • Sq Ft Unheated Total: 174

Exterior Features

  • Construction: Brick Partial, Vinyl
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Asphalt
  • Parking: Parking Space - 2

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Club House, Pond, Outdoor Pool, Tennis Court(s)
  • Association Fee: 256.28
  • Association Fee Frequency: Monthly
  • Complex Name: Watermark
  • HOA Management Company: Henderson Properties
  • Hoa Subject To Dues: Mandatory

Schools

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

Lot Info

  • Lot Size Area: 0.160
  • Parcel Number: 103-08-308
  • Zoning: Condominium
  • Zoning Specification: R17mf

Tax Info

  • Tax Value: 26100.00
  • Tax Location: Charlotte

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 25, 2021
Sold by
J & A Real Estate Investments Inc
Bought by
Habtemariam Meheret and Tseghai Tesfamicael
Current Estimated Value
$130,973

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,250
Outstanding Balance
$65,535
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$71,924

Purchase Details

Closed on
Apr 6, 2018
Sold by
Escobar Jorge Alejandro Guzman and Ayoroa Andrea Vacaflor
Bought by
J A Real Estate Investments Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,200
Interest Rate
4.46%
Mortgage Type
Commercial

Purchase Details

Listed on
Aug 22, 2017
Closed on
Sep 21, 2017
Sold by
Oceanfront Condos Llc
Bought by
Escobar Jorge Alejandro Guzman
Seller's Agent
Jake Allen
Jacob Allen
Buyer's Agent
Andrea Vacaflor Ayoroa
Coldwell Banker Realty
List Price
$52,000
Sold Price
$48,000
Premium/Discount to List
-$4,000
-7.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.26%

Purchase Details

Closed on
Sep 15, 2015
Sold by
Stevens Chris A and Stevens Robert S
Bought by
Oceanfront Condos Llc

Purchase Details

Closed on
Mar 31, 2004
Sold by
Werth Nancy
Bought by
Stevens Chris A and Stevens Robert S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,550
Interest Rate
5.53%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 28, 1999
Sold by
Hileman Jack O and Hileman Dawn M
Bought by
Werth Nancy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,200
Interest Rate
6.72%
Mortgage Type
FHA
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
Habtemariam Meheret $95,000 None Available
J A Real Estate Investments Inc -- None Available
Escobar Jorge Alejandro Guzman $47,000 None Available
Oceanfront Condos Llc $40,000 None Available
Stevens Chris A $59,500 --
Werth Nancy A $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Habtemariam Meheret $71,250
Previous Owner J A Real Estate Investments Inc $243,200
Previous Owner Stevens Chris A $53,550
Previous Owner Werth Nancy A $58,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/21/2017 09/21/17 Sold $48,000 -7.7% $46 / Sq Ft
08/24/2017 08/24/17 Pending -- -- --
08/22/2017 08/22/17 For Sale $52,000 -- $49 / 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 $989 $115,854 $0 $115,854
2022 $665 $55,900 $0 $55,900
2021 $654 $55,900 $0 $55,900
2020 $647 $55,900 $0 $55,900
2019 $631 $55,900 $0 $55,900
2018 $416 $26,100 $7,700 $18,400
2017 $401 $26,100 $7,700 $18,400
2016 $391 $26,100 $7,700 $18,400
2015 $380 $26,100 $7,700 $18,400
2014 $374 $26,100 $7,700 $18,400
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2017

    Jake Allen

    Jacob Allen

    Section Image
  • Andrea Vacaflor Ayoroa

    Buyer's Agent in 2017

    Andrea Vacaflor Ayoroa

    Coldwell Banker Realty

    (571) 242-0090

    1 in this area

    267 Total Sales

    Section Image
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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3311106

Canopy MLS (Canopy Realtor® Association)

APN: 103-083-08

North Carolina Mecklenburg County Charlotte 28212 Eastland-Wilora Lake

4823 Spring Lake Dr Unit B, Charlotte, NC

This home is located at 4823 Spring Lake Dr Unit B, Charlotte, NC 28212 since 22 August 2017 and is currently estimated at $130,973, approximately $124 per square foot. This property was built in 1981. 4823 Spring Lake Dr Unit B is a home located in Mecklenburg County with nearby schools including Lawrence Orr Elementary, Cochrane Collegiate Academy, and Garinger High School.

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