$160,000
SOLD AUG 21, 2024 RENTED OCT 1, 2024
1 Bed
1 Bath
748 Sq Ft
$383/mo HOA Fee

Recently Sold

$214 Per Sq Ft

20% Below List Price

112 Days on Market

Highlights

  • 1-Story Property
  • East Mecklenburg High Rated A-
  • Central Heating and Cooling System

About This Home

As of August 2024

LOCATION LOCATION LOCATION!! Take a look at this awesome investor friendly opportunity in South Charlotte. You are walking distance to shopping, restaurants, and entertainment. The condo is less than 5 minutes from South Park mall and an easy drive to downtown. The location doesn't get better than this! Access to city transportation is available upon the neighborhood exits. Make this property even more dreamy with just a tad bit of TLC and enjoy the lifestyle of South Charlotte living!

Last Agent to Sell the Property

Kaylee Lynch

Keller Williams Select Brokerage Email: kayleelynch@kw.com License #332372 Listed on: 03/29/2024

Keller Williams Select

Last Buyer's Agent

Kateryna Coskundeniz

United Real Estate-Queen City License #125155

United Real Estate-Queen City

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,420

Year Built

  • Built in 1978

HOA Fees

  • $383 Monthly HOA Fees

Home Design

  • Slab Foundation

Interior Spaces

  • 748 Sq Ft Home
  • 1-Story Property

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Utilities

  • Central Heating and Cooling System

Community Details

  • The Essex Condominium Association
  • Essex Subdivision

Listing and Financial Details

  • Assessor Parcel Number 187-017-53

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,420

Year Built

Built in 1978

Lot Details

0

HOA Fees

$383 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 1978
  • Road Surface Type: None, Concrete
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 213.90
  • Geocode Confidence: High
  • Attribution Contact: kayleelynch@kw.com
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Entry Level: 1
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 748
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Electric Range, Refrigerator
  • Above Grade Finished Sq Ft: 748
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Living Area: 748
  • Bedroom Main: 1
  • Room Count: 6

Exterior Features

  • New Construction: No
  • Construction Type: Site Built
  • Construction Type: N/A

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
  • Sewer: Public Sewer
  • Laundry Features: Laundry Room
  • Cooling: Central Air
  • Water Source: City

Condo/Co-op/Association

  • Association Fee: 383
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Association Name: The Essex Condominium Association
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Association Annual Expense: 4596.00

Schools

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

Lot Info

  • Parcel Number: 187-017-53
  • Zoning: R12MF
  • Land Included Yn: 0
  • Zoning Specification: R12MF

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2024
Closed on
Aug 16, 2024
Sold by
Chu Tao and Hu Ping
Bought by
Coskundeniz Ali Burak and Coskundeniz Kateryna
Seller's Agent
Kateryna Coskundeniz
United Real Estate-Queen City
Buyer's Agent
Non Member
Canopy Administration
Sold Price
$1,400
Total Days on Market
112
Views
10
Current Estimated Value
$171,340

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$169,940
Avg. Annual Appreciation
9.18%
Original Mortgage
$96,000
Outstanding Balance
$95,344
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$75,996

Purchase Details

Listed on
Jan 6, 2020
Closed on
Jan 30, 2020
Sold by
925 Beyond Llc
Bought by
Chu Tao and Hu Ping
Seller's Agent
Jane Urban
Allen Tate Mooresville/Lake Norman
Buyer's Agent
Rudy Li
Ameliorate Investment LLC
List Price
$105,000
Sold Price
$100,000
Premium/Discount to List
-$5,000
-4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.86%

Purchase Details

Closed on
Dec 15, 2005
Sold by
Yarborough A E
Bought by
925 Beyond Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
6.23%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 23, 2004
Sold by
Ellis Edward A
Bought by
Yarborough A E and Alfred E Yarborough Living Trust
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 $160,000 Investors Title Insurance Comp
Warranty Deed $100,000 None Available
Warranty Deed $73,000 --
Warranty Deed $51,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $96,000 New Conventional
Previous Owner $68,000 Purchase Money Mortgage
Previous Owner $20,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2024 10/01/24 Rented $1,400 0.0% --
09/23/2024 09/23/24 For Rent $1,400 0.0% --
08/21/2024 08/21/24 Sold $160,000 -8.6% $214 / Sq Ft
07/20/2024 07/20/24 Pending -- -- --
06/28/2024 06/28/24 Price Changed $175,000 -2.7% $234 / Sq Ft
05/24/2024 05/24/24 Price Changed $179,900 -2.8% $241 / Sq Ft
04/22/2024 04/22/24 Price Changed $185,000 -4.1% $247 / Sq Ft
04/08/2024 04/08/24 Price Changed $193,000 -3.5% $258 / Sq Ft
03/29/2024 03/29/24 For Sale $199,999 +100.0% $267 / Sq Ft
01/30/2020 01/30/20 Sold $100,000 -4.8% $134 / Sq Ft
01/10/2020 01/10/20 Pending -- -- --
01/06/2020 01/06/20 For Sale $105,000 -- $140 / 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 $1,420 $174,577 $0 $174,577
2022 $963 $86,800 $0 $86,800
2021 $952 $86,800 $0 $86,800
2020 $945 $86,800 $0 $86,800
2019 $929 $86,800 $0 $86,800
2018 $1,072 $76,100 $21,300 $54,800
2017 $1,048 $76,100 $21,300 $54,800
2016 $1,039 $76,100 $21,300 $54,800
2015 $1,027 $76,100 $21,300 $54,800
2014 $1,016 $76,100 $21,300 $54,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4122971

Canopy MLS (Canopy Realtor® Association)

APN: 187-017-53