NOT LISTED FOR SALE

Estimated Value: $267,908 - $289,000

2 Beds
1 Bath
852 Sq Ft
$328/Sq Ft Est. Value

Last Sold March 06, 2017

Last sale price $32,500 $38 Per Sq Ft

Est. 720% increase in value since last sale

Current estimated payment $1,610/month

6 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Detached Carport Space
  • Corner Lot
  • 1-Story Property

About This Home

As of March 2017

This home is located at 500 Franklin Ave, Charlotte, NC 28206 since 17 February 2017 and is currently estimated at $279,227, approximately $327 per square foot. This property was built in 1965. 500 Franklin Ave is a home located in Mecklenburg County with nearby schools including Druid Hills Academy, West Charlotte High School, and VERITAS Community School, CFA.

Last Agent to Sell the Property

Charles Lamere

CTL Properties LLC Brokerage Email: ctlproperties2003@gmail.com License #243655 Listed on: 02/17/2017

Last Buyer's Agent

Charles Lamere

CTL Properties LLC Brokerage Email: ctlproperties2003@gmail.com License #243655 Listed on: 02/17/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,030

Year Built

  • Built in 1965

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 90x138
  • Corner Lot
  • Property is zoned R5

Home Design

  • Brick Exterior Construction
  • Hardboard

Interior Spaces

  • 852 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • Detached Carport Space
  • Driveway

Utilities

  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Graham Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 079-078-10

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,030

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1965
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Concrete, Dirt, Paved
  • Unit Levels: One
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 38.15
  • Attribution Contact: ctlproperties2003@gmail.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Flooring: Carpet, Vinyl, Wood
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 852
  • 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: Electric Water Heater
  • Above Grade Finished Sq Ft: 852
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 852
  • Bedroom Main: 2
  • Room Count: 4
  • Sq Ft Other: 0

Exterior Features

  • New Construction: No
  • Roof: Fiberglass
  • Construction Type: Site Built
  • Construction Type: Brick Partial, Hardboard Siding

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Spaces: 1
  • Carport Y N: Yes
  • Parking Features: Carport, Driveway

Utilities

  • Heating: None
  • Sewer: Public Sewer
  • Laundry Features: None
  • Water Source: City

Condo/Co-op/Association

  • Community Features: None
  • Hoa Subject To Dues: No
  • Association: No

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: None

Lot Info

  • Lot Features: Corner Lot
  • Lot Size Area: 0.35
  • Lot Size Units: Acres
  • Parcel Number: 079-078-10
  • Lot Size Acres: 0.35
  • Lot Size: 90x138
  • Lot Size Sq Ft: 15246
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R5

Green Features

  • Green Verification Count: 1

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2017
Closed on
Mar 6, 2017
Sold by
Comprehensive Construction Services Llc
Bought by
Klf Llc
Seller's Agent
Charles Lamere
CTL Properties LLC
Buyer's Agent
Charles Lamere
CTL Properties LLC
List Price
$70,000
Sold Price
$32,500
Premium/Discount to List
-$37,500
-53.57%
Current Estimated Value
$266,644

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$234,144
Avg. Annual Appreciation
29.09%

Purchase Details

Closed on
Mar 29, 2007
Sold by
The Fordham Group Llc
Bought by
Comprehensive Construction Services Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,418
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 2, 2004
Sold by
Robinson Stacey C
Bought by
The Fordham Group Llc

Purchase Details

Closed on
Apr 22, 2002
Sold by
New Dawn Properties Inc
Bought by
Robinson Stacey C

Purchase Details

Closed on
Apr 15, 2002
Sold by
Badr Sami and Badr Siham
Bought by
New Dawn Properties Inc
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
Klf Llc $32,500 None Available
Comprehensive Construction Services Llc $50,000 None Available
The Fordham Group Llc -- --
Robinson Stacey C $221,000 --
New Dawn Properties Inc $46,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Klf Llc $0
Previous Owner Comprehensive Construction Services Llc $52,418
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2017 03/06/17 Sold $32,500 -53.6% $38 / Sq Ft
02/23/2017 02/23/17 Pending -- -- --
02/17/2017 02/17/17 For Sale $70,000 -- $82 / 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
2025 $2,030 $247,800 $110,000 $137,800
2024 $2,030 $247,800 $110,000 $137,800
2023 $1,957 $247,800 $110,000 $137,800
2022 $1,252 $116,700 $27,500 $89,200
2021 $1,241 $116,700 $27,500 $89,200
2020 $1,233 $116,700 $27,500 $89,200
2019 $1,218 $116,700 $27,500 $89,200
2018 $1,260 $65,800 $18,000 $47,800
2017 $915 $65,800 $18,000 $47,800
2016 $905 $65,800 $18,000 $47,800
2015 $894 $65,800 $18,000 $47,800
2014 $907 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3252766

Canopy MLS (Canopy Realtor® Association)

APN: 079-078-10