$359,000
UNDER CONTRACT

509 Clement Ave Unit 5 Charlotte, NC 28204

Elizabeth Neighborhood

Estimated payment $2,417/month

Total Views 604
1 Bed
1 Bath
1,205 Sq Ft
$298 Price per Sq Ft

Highlights

  • Laundry Room
  • 1-Story Property
  • Wood Siding
  • Myers Park High Rated A
  • Central Air

About This Home

Live in the heart of highly sought-after Elizabeth in a residence rich with character and history. One of only five condominiums in the early 1900s Alexander House—a historic bungalow-style mansion at Clement Avenue and E 8th Street—this one-bedroom loft-style condo offers timeless charm with modern convenience.
Step through the grand foyer and up the original staircases to the third floor, where you’ll find a light-filled home with gleaming hardwoods. Architectural details include crown molding, exposed brick chimneys, and built-in shelving that conceals two storage areas (one conditioned). Additional thoughtful touches include a pantry, in-unit laundry with storage, and a resident storage room on the main level. The bedroom area features a cozy office nook and walk-in closet, while the bath offers a soaking tub, separate shower, and abundant natural light streaming through historic gridded windows. The effect is like living in a charming, private treehouse. HOA dues cover electricity, gas, water, and sewer—an incredible value in this premier location. Don’t miss this rare opportunity to own a piece of Charlotte’s past, beautifully preserved for modern living. Welcome home!

Listing Agent

Bobby Sisk

Nestlewood Realty, LLC Brokerage Email: bobby@nestlewoodrealty.com License #274388 Listed on: 09/26/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $966

Year Built

  • Built in 1914

HOA Fees

  • $425 Monthly HOA Fees

Parking

  • Driveway

Home Design

  • Entry on the 3rd floor
  • Wood Siding

Interior Spaces

  • 1,205 Sq Ft Home
  • 1-Story Property
  • Crawl Space
  • Laundry Room

Kitchen

  • Gas Range
  • Microwave

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Schools

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

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • Self Managed Association
  • Alexander House Condos
  • Elizabeth Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 127-013-28

Property Details

Home Type

Condominium

Est. Annual Taxes

$966

Year Built

Built in 1914

Lot Details

0

HOA Fees

$425 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 1914
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Gravel, Paved
  • Unit Levels: One
  • Ratio CurrentPrice/TotalPropertyHLA: 297.93
  • Geocode Confidence: High
  • Attribution Contact: bobby@nestlewoodrealty.com
  • Special Features: UnderContract

Interior Features

  • Foundation Details: Crawl Space
  • Entry Level: 3
  • Fireplace: No
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1205
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 0
  • Appliances: Gas Range, Microwave, Refrigerator, Washer/Dryer
  • Above Grade Finished Sq Ft: 1205
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Living Area: 1205
  • Bedroom Main: 1

Exterior Features

  • New Construction: No
  • Construction Type: Site Built
  • Construction Type: Wood

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: In Unit
  • Cooling: Central Air
  • Water Source: City

Condo/Co-op/Association

  • Association Fee: 425
  • Association Fee Frequency: Monthly
  • Hoa Subject To Dues: Mandatory
  • Complex Name: Alexander House
  • Senior Community: No
  • Association Name: Self-managed
  • Association: Yes

Association/Amenities

  • Association Annual Expense: 5100.00

Schools

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

Lot Info

  • Parcel Number: 127-013-28
  • Land Included Yn: 0
  • Additional Parcels: No
  • Zoning Specification: N1-C

Rental Info

  • Pets Allowed: Conditional

MLS Schools

  • Elementary School: Eastover
  • High School: Myers Park

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $966 $214,715 -- $214,715
2024 $966 $214,715 -- $214,715
2023 $927 $214,715 $0 $214,715
2022 $1,285 $133,200 $0 $133,200
2021 $1,285 $133,200 $0 $133,200
2020 $750 $133,200 $0 $133,200
2019 $734 $133,200 $0 $133,200
2018 $907 $127,000 $43,800 $83,200
2017 $885 $127,000 $43,800 $83,200
2016 $875 $127,000 $43,800 $83,200
2015 -- $127,000 $43,800 $83,200
2014 $855 $127,000 $43,800 $83,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/26/2025 09/26/25 For Sale $359,000 -- $298 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $187,000 None Available
Warranty Deed $209,000 Barristers Title Services
Warranty Deed $214,000 Colonial Title Company
Warranty Deed $149,000 --
Warranty Deed $139,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $177,551 New Conventional
Previous Owner $97,000 Purchase Money Mortgage
Previous Owner $119,200 Fannie Mae Freddie Mac
Previous Owner $132,050 Purchase Money Mortgage
Source: Public Records

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4305816

Canopy MLS (Canopy Realtor® Association)

APN: 127-013-28