$1,800,000
SOLD MAR 28, 2025
1 Bed
1 Bath
760 Sq Ft
$380/mo HOA Fee

Recently Sold

$2,368 Per Sq Ft

847% Above List Price

169 Days on Market

Highlights

  • Clubhouse
  • Deck
  • Lawn
  • East Mecklenburg High Rated A-
  • Traditional Architecture
  • Community Pool

About This Home

As of March 2025

Great property in a fabulous area. Maintained well, the pool is steps away. Close enough for convenance, far away enough to avoid noise. Shopping of all needs just across the street at the Strawberry Hill Shopping Center, South Park and Cotswold just a few miles away. Covenant ground level unit. New roofs and major exterior wood replacements are currently going on throughout the entire complex. Home is tenant occupied through December 31st. However, tenant is willing to vacate sooner with acceptable offer to seller.

Last Agent to Sell the Property

Eric Strom

Carolina Valor Realty LLC Brokerage Email: Eric@CarolinaValor.com License #145150 Listed on: 09/10/2024

Last Buyer's Agent

Casey Barber

Lantern Realty & Development, LLC License #309318

Lantern Realty & Development, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,475

Year Built

  • Built in 1978

HOA Fees

  • $380 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Wood Siding

Interior Spaces

  • 760 Sq Ft Home
  • 1-Story Property
  • Tile Flooring
  • Electric Dryer Hookup

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Covered patio or porch

Additional Features

  • Lawn
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 187-017-70

Community Details

Overview

  • Essex Subdivision
  • Mandatory home owners association

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,475

Year Built

Built in 1978

Lot Details

0

HOA Fees

$380 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Traditional
  • Year Built: 1978
  • Road Surface Type: Asphalt, Paved
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 2368.42
  • Property Sub Type Additional: Garden,Eightplex
  • Geocode Confidence: High
  • Attribution Contact: Eric@CarolinaValor.com
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Entry Level: 1
  • Fireplace: No
  • Flooring: Carpet, Tile
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 760
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Disposal, Refrigerator
  • Above Grade Finished Sq Ft: 760
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Living Area: 760
  • Bedroom Main: 1
  • Room Count: 1

Exterior Features

  • Exterior Features: Lawn Maintenance, Tennis Court(s), Other - See Remarks
  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Construction Type: Wood
  • Patio And Porch Features: Covered, Deck

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Parking Lot

Utilities

  • Heating: Central, Electric
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup, Utility Room
  • Cooling: Central Air, Electric
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Clubhouse, Other, Outdoor Pool, Tennis Court(s)
  • Association Fee: 380
  • Association Fee Frequency: Monthly
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Association Annual Expense: 4560.00

Schools

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

Lot Info

  • Parcel Number: 187-017-70
  • Land Included Yn: 0
  • Zoning Specification: R12MF

Green Features

  • Green Verification Count: 0

Rental Info

  • Pets Allowed: Yes

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2024
Closed on
Mar 26, 2025
Sold by
Aey Limited Partnership and Yarborough Alfred Eugene
Bought by
Leonard Clara
Seller's Agent
Eric Strom
Carolina Valor Realty LLC
Buyer's Agent
Casey Barber
Lantern Realty & Development, LLC
List Price
$190,000
Sold Price
$1,800,000
Premium/Discount to List
$1,610,000
847.37%
Total Days on Market
169
Views
109
Current Estimated Value
$174,858

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,625,142
Avg. Annual Appreciation
-99.87%
Original Mortgage
$143,120
Outstanding Balance
$143,120
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$31,738

Purchase Details

Closed on
Mar 13, 2014
Sold by
Howard Charles W
Bought by
Aey Lp

Purchase Details

Closed on
Apr 5, 2004
Sold by
Aey Lp
Bought by
Howard Charles W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
5.53%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 1, 2003
Sold by
Youngerman Charles L and Youngerman Kate
Bought by
Aey Lp
Source: Public Records

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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 $179,000 None Listed On Document
Quit Claim Deed -- None Available
Warranty Deed $75,000 --
Warranty Deed $55,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $143,120 New Conventional
Previous Owner $70,000 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2025 03/28/25 Sold $1,800,000 +847.4% $2,368 / Sq Ft
09/10/2024 09/10/24 For Sale $190,000 -- $250 / 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 $1,475 $174,577 $0 $174,577
2022 $939 $84,300 $0 $84,300
2021 $928 $84,300 $0 $84,300
2020 $921 $84,300 $0 $84,300
2019 $905 $84,300 $0 $84,300
2018 $1,050 $74,400 $21,300 $53,100
2017 $1,026 $74,400 $21,300 $53,100
2016 $1,017 $74,400 $21,300 $53,100
2015 $1,005 $74,400 $21,300 $53,100
2014 $995 $74,400 $21,300 $53,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4180162

Canopy MLS (Canopy Realtor® Association)

APN: 187-017-70