NOT LISTED FOR SALE

518 Clarice Ave Unit 308 Charlotte, NC 28204

Elizabeth Neighborhood

Estimated Value: $327,000 - $367,000

2 Beds
2 Baths
1,000 Sq Ft
1.59 Acres

Last Sold July 25, 2019

Last sale price $275,000 $275 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $2,071/month

Highlights

  • Open Floorplan
  • Deck
  • End Unit
  • Myers Park High Rated A
  • Wood Flooring
  • Balcony

About This Home

As of August 2024

Welcome to this stunning top floor end unit condo located in the heart of Charlotte. The open floorplan offers a spacious primary suite complete with a walk-in closet, providing ample storage space. The second bedroom is also generously sized and has a separate full bath for convenience. With tall ceilings and recessed lighting throughout, the unit feels bright and airy. The kitchen is a chef's dream, featuring granite countertops and bar seating for additional dining space. French doors lead out to a covered balcony, perfect for enjoying your morning coffee or evening relaxation. Included with the unit is a storage unit located in the parking garage. This condo offers the best of both worlds - the vibrant neighborhoods of Elizabeth and Midwood are within walking distance, offering endless opportunities for dining, shopping, and entertainment.

Last Agent to Rent the Property

Nancy Braun

Carolina Property Management LLC Brokerage Email: Nancy@carolinaspropertymanagement.com License #183393 Listed on: 07/17/2024

Last Renter's Agent

Nancy Braun

Carolina Property Management LLC Brokerage Email: Nancy@carolinaspropertymanagement.com License #183393 Listed on: 07/17/2024

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,517

Year Built

  • Built in 2007

Lot Details

  • End Unit

Parking

  • 1 Assigned Parking Space

Home Design

  • Entry on the 3rd floor
  • Slab Foundation

Interior Spaces

  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Laundry Room

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

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

Outdoor Features

  • Balcony
  • Deck

Schools

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

Utilities

  • Heat Pump System
  • Cable TV Available

Community Details

  • Mid-Rise Condominium
  • Elizabeth Place Condos
  • Elizabeth Place Subdivision

Listing and Financial Details

  • Security Deposit $2,100
  • Property Available on 7/17/24
  • Tenant pays for all except water
  • 12-Month Minimum Lease Term
  • Assessor Parcel Number 127-057-43

Condo Details

Home Type

Condominium

Est. Annual Taxes

$2,517

Year Built

Built in 2007

Lot Details

0

Rental Info

  • Tenant Pays: All except water
  • Furnished: Unfurnished
  • Pets Allowed: Conditional
  • Smoking Allowed Yn: 0
  • Lease Term: 12 Months
  • Available Date: 2024-07-17
  • Pet Deposit: 25
  • Security Deposit: 2100
  • Application Fee: 60

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Condominium
  • Year Built: 2007
  • Road Surface Type: Concrete, Paved
  • Unit Levels: One
  • ResoPropertyType: ResidentialLease
  • Property Sub Type Additional: Mid-Rise
  • Geocode Confidence: High
  • Attribution Contact: Nancy@carolinaspropertymanagement.com
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Slab
  • Entry Level: 3
  • Fireplace: No
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Cable Prewire, Open Floorplan, Storage, Walk-In Closet(s)
  • Main Level Sq Ft: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Total: 0
  • Appliances: Dishwasher, Disposal, Electric Oven, Electric Range, Microwave, Refrigerator, Washer/Dryer
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Bedroom Main: 2
  • Room Count: 8
  • Move In Fee: 0

Exterior Features

  • Patio And Porch Features: Balcony, Deck

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Assigned, Parking Space(s)
  • Assigned Spaces: 1

Utilities

  • Heating: Heat Pump
  • Sewer: Public Sewer
  • Laundry Features: Utility Room, Main Level
  • Cooling: Ceiling Fan(s), Heat Pump
  • Water Source: City

Condo/Co-op/Association

  • Complex Name: Elizabeth Place
  • Senior Community: No

Schools

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

Lot Info

  • Lot Features: End Unit, Views
  • Lot Size Units: Acres
  • Parcel Number: 127-057-43
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R22MF

Green Features

  • Green Verification Count: 0

MLS Schools

  • Elementary School: Eastover
  • High School: Myers Park

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 6, 2021
Sold by
Tarr Stephen and Tarr Mary
Bought by
Desai Shivali
Current Estimated Value
$352,048

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,400
Outstanding Balance
$208,800
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$143,248

Purchase Details

Listed on
May 2, 2019
Closed on
Jul 22, 2019
Sold by
Phelan Ryan and Hoover Shelly
Bought by
Tarr Stephen and Tarr Mary
Seller's Agent
Mary Pell Lea Teden
Helen Adams Realty
Buyer's Agent
Lana Laws
Savvy + Co Real Estate
List Price
$284,900
Sold Price
$275,000
Premium/Discount to List
-$9,900
-3.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.03%

Purchase Details

Closed on
Oct 14, 2011
Sold by
Syms Jonathan
Bought by
Adams Jason L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,480
Interest Rate
3.89%
Mortgage Type
FHA

Purchase Details

Closed on
May 13, 2008
Sold by
Blanton Jason R and Blanton Amy E
Bought by
Syms Jonathan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
5.86%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 10, 2007
Sold by
Highland Park Development Co Llc
Bought by
Blanton Jason R and Blanton Amy E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,125
Interest Rate
6.63%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Desai Shivali $288,000 None Available
Tarr Stephen $275,000 Investors Title
Adams Jason L $166,000 Chicago Title
Syms Jonathan $220,000 Investors Title Insurance Co
Blanton Jason R $219,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Desai Shivali $230,400
Previous Owner Adams Jason L $149,480
Previous Owner Syms Jonathan $176,000
Previous Owner Blanton Jason R $219,125
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/29/2024 08/29/24 Rented $2,100 0.0% --
07/17/2024 07/17/24 For Rent $2,100 0.0% --
03/27/2024 03/27/24 Rented $2,100 0.0% --
02/20/2024 02/20/24 For Rent $2,100 0.0% --
07/25/2019 07/25/19 Sold $275,000 0.0% $275 / Sq Ft View Prior Sale
06/29/2019 06/29/19 Pending -- -- --
06/11/2019 06/11/19 Price Changed $275,000 -1.8% $275 / Sq Ft
05/16/2019 05/16/19 Price Changed $279,900 -1.8% $280 / Sq Ft
05/02/2019 05/02/19 For Sale $284,900 -- $285 / 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
2025 $2,517 $312,180 -- $312,180
2024 $2,517 $312,180 -- $312,180
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 $2,353 $243,800 $0 $243,800
2019 $2,444 $243,800 $0 $243,800
2018 $2,489 $184,100 $70,000 $114,100
2017 $2,446 $184,100 $70,000 $114,100
2016 $2,436 $184,100 $70,000 $114,100
2015 $2,425 $184,100 $70,000 $114,100
2014 -- $184,100 $70,000 $114,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4162276

Canopy MLS (Canopy Realtor® Association)

APN: 127-057-43