NOT LISTED FOR SALE

Estimated Value: $558,000 - $572,000

4 Beds
2 Baths
1,611 Sq Ft
$351/Sq Ft Est. Value

Last Sold December 04, 2023

Last sale price $565,000 $351 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $3,205/month

84 Days on Market

Highlights

  • Living Room
  • Four Sided Brick Exterior Elevation
  • Utility Room
  • Laundry Room
  • Forced Air Heating System

About This Home

As of December 2023

This is the investment opportunity you have been looking for! With a spacious Urban living space of 805.7 Sq Ft per side, there is room to relax, to make yourself or someone else at home. This 2BR/1BA Duplex is approximately 805.7 HLA on each side! Capitalize on proximity to city amenities. Walkable to the Greenway and to Light Rail. Consider the opportunity this property in Optimist Park offers for your investment goals. Units are too cute! Hardwood floors greet you in Living Room, w/ MBR, 2nd BR to Right each w/ Ceiling Fans. Full Ba w/ newer (approx 2YO) Vanity, Toilet & Flooring. KT w/ newer (approx 2YO) counter and cabinetry. Utility Room is enclosed off KT includes Sackable W/Dryer Unit & Refrigerator. See Floor Plan attached.

Last Agent to Sell the Property

Eileen Nelis

Savvy + Co Real Estate Brokerage Email: eileen.nelis@gmail.com License #177061 Listed on: 07/28/2023

Last Buyer's Agent

Angie Castro

Monarch Group Realty License #327991

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1954

Lot Details

  • Back Yard Fenced

Home Design

  • Duplex
  • Slab Foundation
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 1,611 Sq Ft Home
  • Property has 1 Level
  • Living Room
  • Utility Room
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System

Community Details

  • Optimist Park Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 081-073-01

Property Details

Home Type

Multi-Family

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Year Built: 1954
  • Road Surface Type: None, Paved
  • ResoPropertyType: ResidentialIncome
  • Geocode Confidence: Medium
  • Attribution Contact: eileen.nelis@gmail.com
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Slab
  • Room Other: Primary Bedroom,Bedroom(s),Bathroom(s),Kitchen,Living Room,Utility Room
  • Appliances: Other
  • Owner Pays: None
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Living Area: 1611.4
  • Building Stories: 1

Exterior Features

  • New Construction: No
  • Construction Type: Site Built
  • Fencing: Back Yard
  • Construction Type: Brick Full

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Other - See Remarks

Utilities

  • Heating: Forced Air
  • Sewer: Public Sewer
  • Laundry Features: Inside
  • Cooling: Window Unit(s)
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 081-073-01
  • Zoning: R8
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R8

Rental Info

  • Tenant Pays: All Utilities
  • Pets Allowed: Yes

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2023
Closed on
Dec 1, 2023
Sold by
Central Real Estate Holdings L
Bought by
Swain Anthony Micheal and Swain Kristina Marie
Seller's Agent
Eileen Nelis
Savvy + Co Real Estate
Buyer's Agent
Angie Castro
Monarch Group Realty
List Price
$615,000
Sold Price
$565,000
Premium/Discount to List
-$50,000
-8.13%
Views
556
Current Estimated Value
$560,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,000
Avg. Annual Appreciation
0.00%
Original Mortgage
$536,750
Outstanding Balance
$528,060
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
$36,940

Purchase Details

Closed on
Sep 26, 2017
Sold by
Terhaar Kevin
Bought by
Central Real Estate Holding Llc

Purchase Details

Closed on
May 4, 2007
Sold by
Central Real Estate Holdings
Bought by
Terhaar Kevin

Purchase Details

Closed on
Oct 6, 2006
Sold by
Terhaar Kevin
Bought by
Central Real Estate Holdings Llc

Purchase Details

Closed on
Oct 18, 2005
Sold by
Hall Queene A and Hall Sylvester
Bought by
Terhaar Kevin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,000
Interest Rate
6.87%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 28, 2000
Sold by
Ozzie Moore
Bought by
Hall Sylvester and Hall Queene A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,500
Interest Rate
11.7%

Purchase Details

Closed on
Jul 14, 1999
Sold by
Habitat For Humanity Of Charlotte Inc
Bought by
West Vanessa H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,800
Interest Rate
7.43%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 21, 1998
Sold by
Moore Ozzie
Bought by
Habitat For Humanity Of Charlotte Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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
Swain Anthony Micheal $565,000 None Listed On Document
Central Real Estate Holding Llc -- None Available
Central Real Estate Holding Llc -- None Available
Terhaar Kevin -- None Available
Central Real Estate Holdings Llc -- None Available
Terhaar Kevin $92,500 --
Hall Sylvester $70,000 --
West Vanessa H $48,000 --
Habitat For Humanity Of Charlotte Inc $6,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Swain Anthony Micheal $536,750
Previous Owner Terhaar Kevin $74,000
Previous Owner Hall Sylvester $52,500
Previous Owner West Vanessa H $47,800
Closed West Vanessa H $15,000
Closed Hall Sylvester $14,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/04/2023 12/04/23 Sold $565,000 -1.7% $351 / Sq Ft
10/20/2023 10/20/23 Pending -- -- --
09/26/2023 09/26/23 Price Changed $575,000 -6.5% $357 / Sq Ft
07/28/2023 07/28/23 For Sale $615,000 0.0% $382 / Sq Ft
03/14/2014 03/14/14 Rented $650 +4.0% --
03/14/2014 03/14/14 For Rent $625 -- --
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
2025 $3,252 $388,900 $220,000 $168,900
2024 $3,252 $388,900 $220,000 $168,900
2023 $3,252 $283,000 $220,000 $63,000
2022 $1,714 $177,600 $145,000 $32,600
2021 $1,714 $177,600 $145,000 $32,600
2020 $1,928 $177,600 $145,000 $32,600
2019 $1,897 $177,600 $145,000 $32,600
2018 $1,144 $76,000 $36,000 $40,000
2017 $1,110 $76,000 $36,000 $40,000
2016 $1,091 $76,000 $36,000 $40,000
2015 $1,068 $76,000 $36,000 $40,000
2014 -- $95,500 $36,000 $59,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4054517

Canopy MLS (Canopy Realtor® Association)

APN: 081-073-01