NOT LISTED FOR SALE

518 N Mcdowell St Unit 109 Charlotte, NC 28204

First Ward Neighborhood

Estimated Value: $419,000 - $427,000

2 Beds
2 Baths
1,245 Sq Ft
$300/mo HOA Fee

Last Sold April 10, 2023

Last sale price $410,000 $329 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,941/month

3 Days on Market

Highlights

  • City View
  • Contemporary Architecture
  • Balcony
  • Myers Park High Rated A
  • Wood Flooring
  • 1 Car Attached Garage

About This Home

As of April 2023

Multi level unit, with 2BR/2BA, newly painted interior and ready for immediate occupancy in the highly sought after M Street Community of Uptown Charlotte. This condo features skyline views from the third floor balcony and primary bedroom. Kitchen with granite counter tops, stainless/black appliances with center island. Garage entry unit with an additional assigned parking space as well as on street parking. Walking distance to all that Uptown Charlotte has to offer in addition to Little Sugar Creek Greenway, CityLYNX Goldline streetcar/trolley,Metropolitan, Lightrail from uptown station south toward Southend/LoSo or north toward NoDa or UNCC main campus.

Last Agent to Sell the Property

Ryan Hollins

Century 21 At The University License #204175 Listed on: 03/17/2023

Century 21 At The University

Last Buyer's Agent

Ted Watkins

EXP Realty LLC Ballantyne License #324057

EXP Realty LLC Ballantyne

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,254

Year Built

  • Built in 2006

Lot Details

  • 3.81

HOA Fees

  • $300 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • 1 Assigned Parking Space

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Wood Siding

Interior Spaces

  • 4-Story Property
  • Insulated Windows
  • Window Treatments
  • City Views
  • Pull Down Stairs to Attic
  • Laundry Room

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Main Level Bedroom
  • 2 Full Bathrooms

Home Security

Outdoor Features

  • Balcony

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Underground Utilities
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 080-101-66

Community Details

Overview

  • Cusick Community Management Association, Phone Number (704) 544-7779
  • M Street Condos
  • M Street Subdivision
  • Mandatory home owners association

Security

  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,254

Year Built

Built in 2006

Lot Details

0

HOA Fees

$300 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Contemporary
  • Year Built: 2006
  • Special Assessment Yn: 0
  • Restrictions Description: Short term rental restricted
  • Road Surface Type: Asphalt, Paved
  • Unit Levels: Four
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 329.32
  • Bedroom Lower: 0
  • Geocode Confidence: High
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Entry Level: 1
  • Fireplace: No
  • Flooring: Tile, Wood
  • Interior Amenities: Attic Stairs Pulldown, Kitchen Island
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 403
  • Third Level Sq Ft: 397
  • 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: 445
  • Appliances: Dishwasher, Disposal, Electric Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer/Dryer
  • Above Grade Finished Sq Ft: 1245
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Insulated Door(s), Sliding Doors
  • Living Area: 1245
  • Window Features: Insulated Window(s), Window Treatments
  • Bedroom Main: 1
  • Room Count: 9
  • Bedroom Third: 1

Exterior Features

  • New Construction: No
  • Construction Type: Site Built
  • View: City
  • Construction Type: Brick Partial, Wood
  • Patio And Porch Features: Balcony

Garage/Parking

  • Main Level Garage YN: 0
  • Sq Ft Garage: 305
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Assigned, Attached Garage, Garage Door Opener
  • Assigned Spaces: 1

Utilities

  • Heating: Heat Pump
  • Sewer: Public Sewer
  • Laundry Features: In Bathroom, Third Level
  • Security: Carbon Monoxide Detector(s), Fire Sprinkler System, Smoke Detector(s)
  • Cooling: Central Air
  • Utilities: Underground Utilities
  • Water Source: City

Condo/Co-op/Association

  • Association Fee: 300
  • Association Fee Frequency: Monthly
  • Hoa Subject To Dues: Mandatory
  • Complex Name: M Street
  • Senior Community: No
  • Association Name: Cusick Community Management
  • Phone: 704-544-7779
  • ResoAssociationFeeFrequency: Monthly
  • Association Email: jkraynak@cusickcompany.com

Association/Amenities

  • Association Annual Expense: 3600.00

Schools

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

Lot Info

  • Parcel Number: 080-101-66
  • Land Included Yn: 0
  • Zoning Specification: MUDD

Green Features

  • Green Verification Count: 0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2023
Closed on
Apr 5, 2023
Sold by
Panagiotes Karanikas Trust
Bought by
Sullivan Meghan Marie
Seller's Agent
Ryan Hollins
Century 21 At The University
Buyer's Agent
Ted Watkins
EXP Realty LLC Ballantyne
List Price
$418,900
Sold Price
$410,000
Premium/Discount to List
-$8,900
-2.12%
Total Days on Market
3
Views
44
Current Estimated Value
$423,889

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,889
Avg. Annual Appreciation
1.55%

Purchase Details

Closed on
Feb 27, 2007
Sold by
Karanikas Panagiotes
Bought by
Karanikas Panagiotes and The Panagiotes Karanikas Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 28, 2006
Sold by
Centro Drakeford Llc
Bought by
Flewelling Gregory and Flewelling Bretynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,060
Interest Rate
6.5%
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
Sullivan Meghan Marie $410,000 None Listed On Document
Karanikas Panagiotes -- None Available
Karanikas Panagiotes $310,000 None Available
Flewelling Gregory $271,500 Investors
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Karanikas Panagiotes $180,000
Previous Owner Flewelling Gregory $217,060
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2023 04/10/23 Sold $410,000 -2.1% $329 / Sq Ft
03/17/2023 03/17/23 For Sale $418,900 -- $336 / 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 $3,254 $357,094 $0 $357,094
2022 $3,254 $319,700 $0 $319,700
2021 $3,085 $319,700 $0 $319,700
2020 $3,236 $319,700 $0 $319,700
2019 $3,220 $319,700 $0 $319,700
2018 $2,740 $200,100 $67,500 $132,600
2017 $2,687 $200,100 $67,500 $132,600
2016 $2,677 $200,100 $67,500 $132,600
2015 $2,666 $200,100 $67,500 $132,600
2014 $2,643 $245,800 $75,000 $170,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4011982

Canopy MLS (Canopy Realtor® Association)

APN: 080-101-66