NOT LISTED FOR SALE

518 Clarice Ave Unit 302 Charlotte, NC 28204

Elizabeth Neighborhood

Estimated Value: $327,000 - $381,000

2 Beds
2 Baths
1,042 Sq Ft
$400/mo HOA Fee

Last Sold March 09, 2023

Last sale price $345,000 $331 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,605/month

2 Days on Market

Highlights

  • Open Floorplan
  • Traditional Architecture
  • Covered patio or porch
  • Myers Park High Rated A
  • Wood Flooring
  • Balcony

About This Home

As of March 2023

Welcome to your beautiful 2 bed, 2 bath condo in Elizabeth Place! Located in the heart of Charlotte with all the great restaurants, shopping, parks, and more that Elizabeth, Chantilly, and Plaza Midwood has to offer. This open floor plan unit is located on the top floor, and at the end of this 3 floor building, giving you tons of light, quiet and privacy. As you walk in, you'll love the open space with updated kitchen, dining area, and great room. Off the great room is a lovely covered balcony. Continue down the hall to the spacious 2nd bedroom, the large full bath, and lovely primary bedroom. Primary bedroom has 3 windows to let in tons of light, and an ensuite bathroom with large shower and walk in closet. This unit has 1 assigned space in the covered garage, as well as additional open parking. The elevator in the parking garage makes for a convenient, quick entry up to the 3rd floor. This beauty is move in ready with wood floors, all appliances, and 1 year old HVAC. Welcome Home!

Last Agent to Sell the Property

Melissa Young

Call It Closed International Inc License #96227 Listed on: 02/08/2023

Co-Listed By

Brent Young

Call It Closed International Inc License #277612

Last Buyer's Agent

Madalyn Hull

Corcoran HM Properties License #307693

Corcoran HM Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,429

Year Built

  • Built in 2007

Lot Details

  • 1.59

HOA Fees

  • $400 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,042 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Entrance Foyer
  • Wood Flooring

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Parking Lot
  • 1 Assigned Parking Space

Outdoor Features

  • Balcony
  • Covered patio or porch

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 127-057-37

Community Details

Overview

  • Cams Association
  • Mid-Rise Condominium
  • Elizabeth Place Condos
  • Elizabeth Place Subdivision
  • Mandatory home owners association

Amenities

  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,429

Year Built

Built in 2007

Lot Details

0

HOA Fees

$400 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Traditional
  • Year Built: 2007
  • Road Surface Type: Asphalt, Paved
  • Unit Levels: Three
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 331.09
  • Property Sub Type Additional: Mid-Rise
  • Geocode Confidence: High
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: None
  • Entry Level: 1
  • Fireplace: No
  • Flooring: Carpet, Wood
  • Interior Amenities: Elevator, Entrance Foyer, Open Floorplan, Walk-In Closet(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1042
  • 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: Dishwasher, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer, Washer/Dryer
  • Above Grade Finished Sq Ft: 1042
  • Has Basement: Other
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Living Area: 1042
  • Bedroom Main: 2
  • Room Count: 7

Exterior Features

  • Exterior Features: Elevator
  • New Construction: No
  • Construction Type: Site Built
  • Construction Type: Brick Partial
  • Patio And Porch Features: Balcony, Covered

Garage/Parking

  • Main Level Garage YN: 0
  • Open Parking: No
  • Parking Features: Assigned, Parking Garage, Parking Lot, Parking Space(s)
  • Assigned Spaces: 1

Utilities

  • Heating: Forced Air, Heat Pump
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup, In Kitchen, Laundry Closet, Main Level
  • Cooling: Central Air, Heat Pump
  • Utilities: Cable Available, Electricity Connected
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Elevator
  • Association Fee: 400
  • Association Fee Frequency: Monthly
  • Hoa Subject To Dues: Mandatory
  • Complex Name: Elizabeth Place
  • Senior Community: No
  • Association Name: CAMS
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Association Annual Expense: 4800.00

Schools

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

Lot Info

  • Parcel Number: 127-057-37
  • Zoning: R22MF
  • Land Included Yn: 0
  • Zoning Specification: R22MF

Green Features

  • Green Verification Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2023
Closed on
Mar 9, 2023
Sold by
Wiseman Tyler
Bought by
Shinske Lauren
Seller's Agent
Melissa Young
Call It Closed International Inc
Buyer's Agent
Madalyn Hull
Corcoran HM Properties
List Price
$342,900
Sold Price
$345,000
Premium/Discount to List
$2,100
0.61%
Views
29
Current Estimated Value
$365,806

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,806
Avg. Annual Appreciation
1.81%
Original Mortgage
$318,250
Outstanding Balance
$310,032
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$50,281

Purchase Details

Listed on
Jun 15, 2020
Closed on
Aug 31, 2020
Sold by
Ruffing Kristen F and Smith Kenneth F
Bought by
Wiseman Tyler
Seller's Agent
Kristen Dibble
Berkshire Hathaway HomeServices Carolinas Realty
Buyer's Agent
Michael S Wong
RE/MAX Executive
List Price
$280,000
Sold Price
$275,000
Premium/Discount to List
-$5,000
-1.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.87%
Original Mortgage
$220,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 10, 2014
Sold by
Williams Michael and Williams Mary Etta P
Bought by
Ruffing Kristen F and Smith Kenneth F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,600
Interest Rate
4.26%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 19, 2012
Sold by
First Citizens Bank
Bought by
Williams Michael

Purchase Details

Closed on
Apr 30, 2012
Sold by
Tison Ashley D and Tison Sarah
Bought by
First Citizens Bank & Trust Co Inc

Purchase Details

Closed on
Aug 22, 2007
Sold by
Highland Park Development Co Llc
Bought by
Tison Ashley D and Tison Sarah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,184
Interest Rate
6.65%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Shinske Lauren $345,000 --
Wiseman Tyler $275,000 None Available
Ruffing Kristen F $214,000 None Available
Williams Michael $135,000 None Available
First Citizens Bank & Trust Co Inc $139,500 None Available
Tison Ashley D $213,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shinske Lauren $318,250
Previous Owner Wiseman Tyler $220,000
Previous Owner Ruffing Kristen F $192,600
Previous Owner Tison Ashley D $193,184
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/09/2023 03/09/23 Sold $345,000 +0.6% $331 / Sq Ft
02/10/2023 02/10/23 Pending -- -- --
02/08/2023 02/08/23 For Sale $342,900 +24.7% $329 / Sq Ft
10/09/2020 10/09/20 Sold $275,000 0.0% $276 / Sq Ft
08/25/2020 08/25/20 Pending -- -- --
07/14/2020 07/14/20 Price Changed $275,000 -1.8% $276 / Sq Ft
06/15/2020 06/15/20 For Sale $280,000 -- $281 / 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 $2,429 $312,180 $0 $312,180
2022 $2,478 $243,800 $0 $243,800
2021 $2,467 $243,800 $0 $243,800
2020 $2,460 $243,800 $0 $243,800
2019 $2,444 $243,800 $0 $243,800
2018 $2,490 $184,200 $70,000 $114,200
2017 $2,447 $184,200 $70,000 $114,200
2016 $2,438 $184,200 $70,000 $114,200
2015 $2,426 $184,200 $70,000 $114,200
2014 $2,405 $184,200 $70,000 $114,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4000368

Canopy MLS (Canopy Realtor® Association)

APN: 127-057-37