NOT LISTED FOR SALE

509 N Graham St Unit 1B Charlotte, NC 28202

Fourth Ward Neighborhood

Estimated Value: $310,000 - $329,344

2 Beds
2.5 Baths
969 Sq Ft
$298/mo HOA Fee

Last Sold January 06, 2023

Last sale price $289,500 $299 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,289/month

98 Days on Market

Highlights

  • Laundry Room
  • Central Heating
  • Vinyl Flooring
  • Myers Park High Rated A
  • Wood Siding
  • 2-minute walk to Ninth Street Dog Park

About This Home

As of January 2023

Check out this hard to find gem located in uptown Charlotte! This ground floor condo offers 2 bedrooms, 2.5 baths and offers an open floor plan great for entertaining. Luxury vinyl plank flooring and fresh paint is a great touch! Washer, Dryer, and Fridge included! A quick commute to restaurants, shopping, Bank of america stadium, and much more. When you own in the Fourth Ward Square you get access to great amenities including a pool, fitness center, and club house. Come and check it out today! Condo comes with an assigned, covered parking spot!

Last Agent to Sell the Property

Jenna Cook

Lantern Realty & Development, LLC License #293117 Listed on: 09/30/2022

Lantern Realty & Development, LLC

Co-Listed By

Liz Hallman

Lantern Realty & Development, LLC License #281082

Last Buyer's Agent

Sunny Grigorova

Keller Williams South Park License #319438

Keller Williams South Park

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,275

Year Built

  • Built in 1990

Lot Details

  • 3.55

HOA Fees

  • $298 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Slab Foundation
  • Wood Siding

Interior Spaces

  • 969 Sq Ft Home
  • Vinyl Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms

Schools

  • First Ward Elementary School
  • Sedgefield Middle School
  • Myers Park High School

Utilities

  • Central Heating
  • Heat Pump System

Community Details

  • Henderson Property Management Association
  • The Fourth Ward Square Condos
  • The Fourth Ward Square Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 078-075-03

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,275

Year Built

Built in 1990

Lot Details

0

HOA Fees

$298 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 1990
  • Special Assessment Yn: 1
  • Unit Floor Level: 1
  • Special Assessment Description: Sprinkler System install
  • Road Surface Type: Asphalt, Concrete
  • Structure Type: One Story
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 298.76
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Fireplace: No
  • Flooring: Carpet, Vinyl
  • Fixture Exception Yn: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 969
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Appliances: Cable Prewire
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 969
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Half Bathrooms: 1

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Tax Location: Charlotte
  • Construction Type: Site Built
  • Construction Type: Wood Siding

Garage/Parking

  • Main Level Garage YN: 0
  • Parking Features: Assigned

Utilities

  • Heating: Central, Heat Pump
  • Sewer: Public Sewer
  • Water Heater: Electric
  • Laundry Features: Main Level
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 298
  • Association Fee Frequency: Monthly
  • Hoa Subject To Dues: Mandatory
  • Complex Name: The Fourth Ward Square
  • Association Name: Henderson Property Management
  • ResoAssociationFeeFrequency: Monthly

Schools

  • Middle Or Junior School: Sedgefield
  • HOA Subject To: Required
  • CAR_YearlyHOAExpense: 3576.00

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 078-075-03
  • Land Included Yn: 0
  • Zoning Description: MUDDO
  • ResoLotSizeUnits: Acres

Tax Info

  • RATIO List Price By Tax Amount: 1.31521

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: First Ward
  • High School: Myers Park

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2022
Closed on
Jan 6, 2023
Sold by
Laprad Krystal
Bought by
Smith Daniel Joseph
Seller's Agent
Jenna Cook
Lantern Realty & Development, LLC
Buyer's Agent
Sunny Grigorova
Keller Williams South Park
List Price
$314,999
Sold Price
$289,500
Premium/Discount to List
-$25,499
-8.09%
Views
76
Current Estimated Value
$323,336

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,836
Avg. Annual Appreciation
6.08%
Original Mortgage
$280,815
Outstanding Balance
$271,194
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$63,383

Purchase Details

Listed on
Aug 22, 2019
Closed on
Jan 29, 2020
Sold by
Butta Faith and Butta Joseph Terrence
Bought by
Laprad Krystal
Seller's Agent
Dan Jones
Carolina Real Estate Experts The Dan Jones Group
Buyer's Agent
William Duffy
Southern Homes of the Carolinas, Inc
List Price
$245,000
Sold Price
$235,000
Premium/Discount to List
-$10,000
-4.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.35%
Original Mortgage
$223,250
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 19, 2015
Sold by
Sundararaman Michael
Bought by
Butta Falth and Butta Joseph Terrence

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,377
Interest Rate
3.93%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 3, 2009
Sold by
The Fourth Ward Square Llc
Bought by
Sundararaman Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,675
Interest Rate
4.98%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
Smith Daniel Joseph $289,500 --
Laprad Krystal $235,000 None Available
Butta Falth $200,000 Boston National Title
Sundararaman Michael $161,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Daniel Joseph $280,815
Previous Owner Laprad Krystal $223,250
Previous Owner Butta Falth $196,377
Previous Owner Sundararaman Michael A $109,000
Previous Owner Sundararaman Michael $120,675
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/06/2023 01/06/23 Sold $289,500 -3.5% $299 / Sq Ft
11/06/2022 11/06/22 Price Changed $299,999 -4.8% $310 / Sq Ft
10/25/2022 10/25/22 For Sale $314,999 +8.8% $325 / Sq Ft
10/24/2022 10/24/22 Off Market $289,500 -- --
09/30/2022 09/30/22 For Sale $314,999 +34.0% $325 / Sq Ft
01/29/2020 01/29/20 Sold $235,000 -2.1% $245 / Sq Ft
12/19/2019 12/19/19 Pending -- -- --
10/21/2019 10/21/19 Price Changed $240,000 -1.8% $251 / Sq Ft
09/05/2019 09/05/19 Price Changed $244,500 -0.2% $255 / Sq Ft
08/22/2019 08/22/19 For Sale $245,000 -- $256 / 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 $2,275 $286,146 $0 $286,146
2022 $2,358 $228,100 $0 $228,100
2021 $2,347 $228,100 $0 $228,100
2020 $2,281 $222,100 $0 $222,100
2019 $2,265 $222,100 $0 $222,100
2018 $1,909 $137,700 $50,000 $87,700
2017 $1,869 $137,700 $50,000 $87,700
2016 $1,859 $137,700 $50,000 $87,700
2015 $1,848 $137,700 $50,000 $87,700
2014 $1,831 $137,700 $50,000 $87,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3909666

Canopy MLS (Canopy Realtor® Association)

APN: 078-075-03