NOT LISTED FOR SALE

509 Clement Ave Unit 5 Charlotte, NC 28204

Elizabeth Neighborhood

Estimated Value: $322,000 - $352,000

1 Bed
1 Bath
1,205 Sq Ft
1914 Built

Sale Details

Date Sold: October 30, 2025

Last sale price $352,500 $293 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $2,328 / mo

4 Days on Market

Highlights

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

About This Home

As of October 2025

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!

Last Agent to Sell the Property

Bobby Sisk

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

Last Buyer's Agent

Andria Sarvey

Keller Williams Ballantyne Area License #297596

Keller Williams Ballantyne Area

Property Details

Home Type

  • Condominium

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

Kitchen

  • Gas Range
  • Microwave

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer

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

Year Built

Built in 1914

Lot Details

0 Sq Ft Lot

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: 292.53
  • Geocode Confidence: High
  • Attribution Contact: bobby@nestlewoodrealty.com
  • Special Features: None

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2025
Closed on
Oct 30, 2025
Sold by
Dunbar Sean E
Bought by
Fields Caroline Elizabeth
Seller's Agent
Bobby Sisk
Nestlewood Realty, LLC
Buyer's Agent
Andria Sarvey
Keller Williams Ballantyne Area
List Price
$359,000
Sold Price
$352,500
Premium/Discount to List
-$6,500
-1.81%
Views
13
Current Estimated Value
$341,597

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,903
Avg. Annual Appreciation
-5.86%
Original Mortgage
$334,875
Outstanding Balance
$334,875
Interest Rate
6.26%
Mortgage Type
New Conventional
Estimated Equity
$6,722

Purchase Details

Closed on
Dec 31, 2014
Sold by
Murray Billy K
Bought by
Dunbar Sean E and Dunbar Sean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,551
Interest Rate
4.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 12, 2010
Sold by
Murray Ashley D and Murray Pamela A
Bought by
Murray Billy K

Purchase Details

Closed on
Jun 28, 2007
Sold by
Hubbard Jennifer Lyn and Cobb Steven Stewart
Bought by
Murray Ashley D and Murray Pamela A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,000
Interest Rate
6.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 27, 2005
Sold by
Comer Valerie Nicole and Comer Brian A
Bought by
Hubbard Jennifer Lyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,200
Interest Rate
5.7%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 29, 1999
Sold by
Morris Russell L
Bought by
Nichols Valerie Nicole

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,050
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage
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

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
Fields Caroline Elizabeth $352,500 Blueprint Title
Dunbar Sean E $187,000 None Available
Murray Billy K $209,000 Barristers Title Services
Murray Ashley D $214,000 Colonial Title Company
Hubbard Jennifer Lyn $149,000 --
Nichols Valerie Nicole $139,000 --
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 Fields Caroline Elizabeth $334,875
Previous Owner Dunbar Sean E $177,551
Previous Owner Murray Ashley D $97,000
Previous Owner Hubbard Jennifer Lyn $119,200
Previous Owner Nichols Valerie Nicole $132,050
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2025 10/30/25 Sold $352,500 -1.8% $293 / Sq Ft
09/26/2025 09/26/25 For Sale $359,000 -- $298 / Sq Ft
Source: Canopy MLS

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

Agents Affiliated with this Home

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Map

Source: Canopy MLS

MLS Number: 4305816

Canopy MLS

APN: 127-013-28

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