NOT LISTED FOR SALE

501 Fenton Place Unit M Charlotte, NC 28207

Eastover Neighborhood

Estimated Value: $416,000 - $656,000

2 Beds
1 Bath
1,164 Sq Ft
$396/mo HOA Fee

Last Sold April 25, 2023

Last sale price $421,750 $362 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $3,271/month

Highlights

  • Contemporary Architecture
  • Wood Flooring
  • Central Heating and Cooling System
  • Myers Park High Rated A
  • Laundry Room

About This Home

As of April 2023

Fabulous 2 Bedroom condo in the heart of Eastover. Beautiful updated kitchen and bath and additional improvements of new closet spaces and custom built-ins. Amazingly private corner unit with beautiful canopy of trees and 2 covered balconies to enjoy the outdoors - off Primary Bedroom and Dining Area. Two nice sized bedrooms, each with its own bathroom sink and vanity and one shared shower and toilet - so not a two bathroom, but it feels like it. Cozy Living Room has a wood burning fireplace. Newly painted exterior of buildings. Walking distance to eateries, stores, and retail. Perfect for individual owner or investor. A MUST SEE!
Guest Parking is at the top of the lot, closest to Fenton Pl. Thank you for parking there for showings.

Last Agent to Sell the Property

Heather Bonner

Corcoran HM Properties License #253170 Listed on: 03/24/2023

Corcoran HM Properties

Last Buyer's Agent

Meghan Wilkinson

Corcoran HM Properties License #175230

Corcoran HM Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,592

Year Built

  • Built in 1978

Lot Details

  • 0.83

HOA Fees

  • $396 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Stucco

Interior Spaces

  • 2-Story Property
  • Laundry Room

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Parquet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Eastover Elementary School
  • Sedgefield Middle School
  • Myers Park High School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater

Community Details

  • Community Association Management Association, Phone Number (704) 565-5009
  • Eastover Villas Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 155-062-87

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,592

Year Built

Built in 1978

Lot Details

0

HOA Fees

$396 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Contemporary
  • Year Built: 1978
  • Restrictions: Other - See Remarks
  • Special Assessment Yn: 1
  • Restrictions Description: CCRs, HOA
  • Special Assessment Description: New Roof
  • Road Surface Type: Asphalt, Paved
  • Unit Levels: Two
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 362.33
  • Property Sub Type Additional: None
  • Geocode Confidence: High
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Slab
  • Entry Level: 2
  • Flooring: Carpet, Parquet, Tile, Wood
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 582
  • 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: 582
  • Appliances: Dishwasher, Disposal, Electric Range, Electric Water Heater, Refrigerator, Washer/Dryer
  • Above Grade Finished Sq Ft: 1164
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 1164
  • Bedroom Main: 0
  • Room Count: 6

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Waterfront Features: None
  • Exclusions: Kitchen Gold & Glass Shelves, chandelier
  • Construction Type: Hard Stucco

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Parking Space(s)

Utilities

  • Heating: Central, Electric, Heat Pump
  • Sewer: Public Sewer
  • Laundry Features: In Bathroom, Upper Level
  • Cooling: Central Air, Electric
  • Water Source: City

Condo/Co-op/Association

  • Association Fee: 396.08
  • Association Fee Frequency: Monthly
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: Community Association Management
  • Phone: 704-565-5009
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Association Annual Expense: 4752.96

Schools

  • Middle Or Junior School: Sedgefield
  • HOA Subject To: Required

Lot Info

  • Parcel Number: 155-062-87
  • Zoning: R22MF
  • Plat Book Slide: 4101/680
  • Land Included Yn: 0
  • Zoning Specification: R22MF

Green Features

  • Green Verification Count: 0

Rental Info

  • Pets Allowed: Yes

MLS Schools

  • Elementary School: Eastover
  • High School: Myers Park

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2023
Closed on
Apr 25, 2023
Sold by
Johnston Elizabeth G
Bought by
Moseley Ellen Ambler
Seller's Agent
Heather Bonner
Corcoran HM Properties
Buyer's Agent
Meghan Wilkinson
Corcoran HM Properties
List Price
$350,000
Sold Price
$421,750
Premium/Discount to List
$71,750
20.5%
Views
14
Current Estimated Value
$501,152

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,402
Avg. Annual Appreciation
7.38%
Original Mortgage
$337,400
Outstanding Balance
$330,262
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$166,930

Purchase Details

Listed on
Jul 11, 2019
Closed on
Sep 18, 2019
Sold by
Aslan Holdings Llc
Bought by
Nihcols Elizabeth
Seller's Agent
Ashley McMillan
Dickens Mitchener & Associates Inc
Buyer's Agent
Heather Bonner
Corcoran HM Properties
List Price
$282,000
Sold Price
$260,000
Premium/Discount to List
-$22,000
-7.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.38%
Original Mortgage
$225,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 28, 2018
Sold by
Haire Michael and Haire Vanessa
Bought by
Aslan Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
4.22%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 5, 2016
Sold by
Little Fred Eugene and Little Kimberly G
Bought by
Haire Micheal

Purchase Details

Closed on
Jun 28, 2001
Sold by
Thompson H M and Thompson Charlotte K
Bought by
Little Fred Eugene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,000
Interest Rate
7.14%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Moseley Ellen Ambler $422,000 Carolina Title
Nihcols Elizabeth $260,000 Morehead Title Company
Aslan Holdings Llc $230,000 None Available
Haire Micheal $204,000 None Available
Little Fred Eugene $142,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moseley Ellen Ambler $337,400
Previous Owner Nichols Elizabeth $222,000
Previous Owner Nihcols Elizabeth $225,000
Previous Owner Aslan Holdings Llc $100,000
Previous Owner Little Fred E $142,000
Previous Owner Little Fred Eugene $142,740
Previous Owner Little Fred Eugene $142,800
Previous Owner Little Fred Eugene $142,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2023 04/25/23 Sold $421,750 +20.5% $362 / Sq Ft
03/25/2023 03/25/23 Pending -- -- --
03/24/2023 03/24/23 For Sale $350,000 +34.6% $301 / Sq Ft
09/19/2019 09/19/19 Sold $260,000 -7.1% $223 / Sq Ft
08/19/2019 08/19/19 Pending -- -- --
08/01/2019 08/01/19 Price Changed $280,000 -0.7% $241 / Sq Ft
07/11/2019 07/11/19 For Sale $282,000 -- $242 / 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 $2,592 $347,316 $0 $347,316
2022 $2,281 $232,300 $0 $232,300
2021 $2,281 $232,300 $0 $232,300
2020 $2,349 $232,300 $0 $232,300
2019 $2,333 $232,300 $0 $232,300
2018 $2,016 $148,100 $35,000 $113,100
2017 $1,980 $148,100 $35,000 $113,100
2016 $1,971 $148,100 $35,000 $113,100
2015 $1,959 $148,100 $35,000 $113,100
2014 $1,941 $148,100 $35,000 $113,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4010325

Canopy MLS (Canopy Realtor® Association)

APN: 155-062-87