NOT LISTED FOR SALE

505 E Tremont Ave Charlotte, NC 28203

Dilworth Neighborhood

Estimated Value: $862,500

4 Beds
2.5 Baths
1,515 Sq Ft
$569/Sq Ft Est. Value

Sale Details

Date Sold: May 15, 2026

Last sale price $805,000 $531 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $5,369 / mo

1 Day on Market

Highlights

  • No HOA
  • Laundry closet
  • Brick Exterior Construction
  • Dilworth Elementary School: Latta Campus Rated A-
  • Washer and Dryer

About This Home

As of May 2026

Excellent opportunity to live in one unit and rent out the other. This property is in a fantastic Dilworth location, walking distance to the amenities of East and South Boulevards. Enjoy a completely renovated back unit, with off street parking, spacious deck, bright open floorplan, hardwood floors and great storage. Both units include stack washers and dryers and appliances. Roof, HVACs, electric panels and most plumbing, was replaced in 2018. Unit 505 has been a furnished long-term rental for over $3,000/month. Prior to that, it was consistently rented as a furnished short-term rental. Property is in the Dilworth Historic district. Owner/Broker

Last Agent to Sell the Property

Thomas R Simpson

Simpson Properties Brokerage Email: tsimpsonproperties@gmail.com License #125385 Listed on: 04/04/2026

Last Buyer's Agent

Non Member

Canopy Administration

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955

Lot Details

  • 7,405 Sq Ft Lot

Parking

  • Driveway

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • 1,515 Sq Ft Home
  • Crawl Space

Kitchen

  • Electric Oven
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry closet
  • Washer and Dryer

Utilities

  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Dilworth Subdivision

Listing and Financial Details

  • The owner pays for sewer, water
  • Assessor Parcel Number 121-058-02

Property Details

Home Type

Multi-Family

Year Built

Built in 1955

Lot Details

7,405 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Year Built: 1955
  • Restrictions: Architectural Review
  • Road Surface Type: Concrete, Gravel, Paved
  • MLS Status: Closed
  • Standard Status: Closed
  • Geocode Confidence: High
  • Attribution Contact: tsimpsonproperties@gmail.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Appliances: Dishwasher, Disposal, Electric Oven, Electric Water Heater, Microwave, Refrigerator, Washer/Dryer
  • Owner Pays: Sewer, Water
  • Above Grade Finished Sq Ft: 1515
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Living Area: 1515

Exterior Features

  • New Construction: No
  • Construction Type: Site Built
  • Pool Private: No
  • Construction Type: Brick Partial

Garage/Parking

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

Utilities

  • Heating: Heat Pump
  • Sewer: Public Sewer
  • Laundry Features: Laundry Closet
  • Cooling: Heat Pump
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 121-058-02
  • Lot Size Acres: 0.17
  • Additional Parcels: No
  • Zoning Specification: N1-C(HDO)

Rental Info

  • Tenant Pays: Other
  • Pets Allowed: Yes

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2026
Closed on
May 6, 2026
Sold by
Simpson Thomas and Simpson Mary M
Bought by
Seller's Agent
Thomas R Simpson
Simpson Properties
Buyer's Agent
Non Member
Canopy Administration
List Price
$845,000
Sold Price
$805,000
Premium/Discount to List
-$40,000
-4.73%
Views
27
Current Estimated Value
$862,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,500
Avg. Annual Appreciation
19.91%
Original Mortgage
$644,000
Outstanding Balance
$642,230
Interest Rate
6.46%
Mortgage Type
New Conventional
Estimated Equity
$220,270

Purchase Details

Closed on
Jun 15, 2017
Sold by
Outen Lynda P
Bought by
Simpson Thomas R and Simpson Mary M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 21, 1979
Bought by
Fitzgerald George L
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Dilworth, NC

  • Devin Cleary Real Estate Agent - Costello Real Estate and Investments LLC

    Devin Cleary

    Costello Real Estate and Investments LLC

    (704) 286-9396

    11 Total Sales

    1 in Dilworth

    $460,000 Price

    Devin Cleary
     Section Image
  • Jen Chance Real Estate Agent - 5 Points Realty

    Jen Chance

    5 Points Realty

    (704) 459-7412

    10 Total Sales

    1 in Dilworth

    $1,762,500 Price

    Jen Chance
     Section Image
  • Debe Maxwell Real Estate Agent - Savvy + Co Real Estate

    Debe Maxwell

    Savvy + Co Real Estate

    (704) 389-2916

    101 Total Sales

    1 in Dilworth

    $415,000 Price

    Debe Maxwell
     Section Image
  • Rachel Lewis Real Estate Agent - Lewis And Kirk Realty LLC

    Rachel Lewis

    Lewis And Kirk Realty LLC

    (704) 486-1340

    98 Total Sales

    1 in Dilworth

    $290,000 Price

    Rachel Lewis
     Section Image
  • Brenda Hayden Real Estate Agent - Keller Williams Unlimited

    Brenda Hayden

    Keller Williams Unlimited

    (980) 430-4277

    30 Total Sales

    1 in Dilworth

    $190,000 Price

    Brenda Hayden
     Section Image
  • Anna Fenno Real Estate Agent - Helen Adams Realty

    Anna Fenno

    Helen Adams Realty

    (980) 446-2097

    88 Total Sales

    1 in Dilworth

    $420,000 Price

    Anna Fenno
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$805,000 None Listed On Document
Simpson Thomas R $365,000 None Available
Fitzgerald George L -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $644,000
Previous Owner Simpson Thomas R $275,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/15/2026 05/15/26 Sold $805,000 -4.7% $531 / Sq Ft
04/06/2026 04/06/26 Pending -- -- --
04/04/2026 04/04/26 For Sale $845,000 0.0% $558 / Sq Ft
07/18/2020 07/18/20 Rented $1,400 0.0% --
07/13/2020 07/13/20 Price Changed $1,400 -12.5% $2 / Sq Ft
07/01/2020 07/01/20 For Rent $1,600 -- --
Source: Canopy MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $5,558 $679,300 $570,000 $109,300
2024 $5,451 $679,300 $570,000 $109,300
2023 $5,261 $679,300 $570,000 $109,300
2022 $5,775 $572,400 $427,500 $144,900
2021 $5,753 $572,400 $427,500 $144,900
2020 $5,716 $492,000 $427,500 $64,500
2019 $5,685 $570,100 $427,500 $142,600
2018 $4,756 $281,100 $243,700 $37,400
2017 $3,765 $281,100 $243,700 $37,400
2016 $3,746 $281,100 $243,700 $37,400
2015 $3,723 $281,100 $243,700 $37,400
2014 $4,409 $337,200 $285,000 $52,200
Source: Public Records

Agents Affiliated with this Home

  • TR

    Seller's Agent in 2026

    Thomas R Simpson

    Simpson Properties

    (704) 905-9522

    1 in this area

    8 Total Sales

    Thomas R Simpson
    Section Image

  • NM

    Buyer's Agent in 2026

    Non Member

    NC_CanopyMLS

See All Agents

Map

Source: Canopy MLS

MLS Number: 4365317

Canopy MLS

APN: 121-058-02

North Carolina Mecklenburg County Charlotte 28203 Dilworth

505 E Tremont Ave, Charlotte, NC

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Canopy MLS All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID
Listings courtesy of Canopy MLS as distributed by MLS GRID

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