$222,000
SOLD APR 14, 2022

525 N Graham St Unit 2A Charlotte, NC 28202

Fourth Ward Neighborhood
1 Bed
1 Bath
548 Sq Ft
3 Acres

Recently Sold

$405 Per Sq Ft

1% Below List Price

33 Days on Market

Highlights

  • Fitness Center
  • In Ground Pool
  • Clubhouse
  • Myers Park High Rated A
  • Open Floorplan
  • 2-minute walk to Ninth Street Dog Park

About This Home

As of March 2023

BACK ON THE MARKET at no fault to the Seller! Beautifully maintained condo in the sought after (historical) Fourth Ward District. Large windows that boast natural light. Flow-through kitchen and living areas that open up to a private balcony with two storage closets. Wood burning fireplace. The cozy bedroom suite features a walk-in closet and more large windows. Fresh paint throughout. Dedicated parking space #140. Amenities include salt water pool, large clubhouse & fitness center.
Walk to restaurants, bars, sporting events, concerts and much more.
This unique condo won't last long.
There is a confirmed special assessment to replace fire sprinkler system ($182.34/month for 5 years). Don't you worry, the SELLER will pay that $10,939 at closing!

Last Agent to Sell the Property

Mel Roy

EXP Realty LLC Ballantyne Brokerage Email: therealmelroy@gmail.com License #317094 Listed on: 02/17/2022

EXP Realty LLC Ballantyne

Last Buyer's Agent

Matt Claxton

My Townhome LLC License #213405

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,805

Year Built

  • Built in 1990

HOA Fees

  • $297 Monthly HOA Fees

Parking

  • 1 Assigned Parking Space

Home Design

  • Property Attached
  • Brick Exterior Construction
  • Slab Foundation
  • Hardboard

Interior Spaces

  • 548 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Great Room with Fireplace
  • Laundry Room

Kitchen

  • Electric Cooktop
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Outdoor Features

  • In Ground Pool
  • Balcony

Utilities

  • Vented Exhaust Fan
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 078-077-22

Community Details

Overview

  • Henderson Properties Association, Phone Number (704) 535-1122
  • The Fourth Ward Square Condos
  • Fourth Ward Subdivision
  • Mandatory home owners association

Amenities

  • Clubhouse

Recreation

  • Fitness Center
  • Community Pool

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,805

Year Built

Built in 1990

Lot Details

0

HOA Fees

$297 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 1990
  • Restrictions: Other - See Remarks
  • Special Assessment Yn: 1
  • Special Assessment Description: $10939
  • Road Surface Type: Asphalt, Paved
  • Unit Levels: One
  • Property Attached Yn: Yes
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 405.11
  • Attribution Contact: therealmelroy@gmail.com
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Entry Level: 2
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Cable Prewire, Open Floorplan, Walk-In Closet(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 548
  • 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, Disposal, Electric Cooktop, Electric Water Heater, Exhaust Fan, Microwave, Plumbed For Ice Maker, Refrigerator
  • Above Grade Finished Sq Ft: 548
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Entry Location: Main
  • Fireplace Features: Great Room
  • Living Area: 548
  • Bedroom Main: 1
  • Room Count: 5
  • Sq Ft Other: 0

Exterior Features

  • Exterior Features: In Ground Pool
  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Waterfront Features: None
  • Exclusions: n/a
  • Construction Type: Brick Partial, Hardboard Siding
  • Patio And Porch Features: Balcony

Garage/Parking

  • Main Level Garage YN: 0
  • Sq Ft Garage: 0
  • Parking Features: Assigned
  • Assigned Spaces: 1

Utilities

  • Heating: Heat Pump
  • Sewer: Public Sewer
  • Laundry Features: Main Level
  • Cooling: Heat Pump
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Clubhouse, Fitness Center, Outdoor Pool, Sidewalks, Street Lights
  • Association Fee: 297
  • Association Fee Frequency: Monthly
  • Hoa Subject To Dues: Mandatory
  • Complex Name: The Fourth Ward Square
  • Association Name: Henderson Properties
  • Phone: 704-535-1122
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly
  • Association Email: HOA@hendersonassociationmanagement.com

Association/Amenities

  • Association Annual Expense: 3564.00

Schools

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

Lot Info

  • Parcel Number: 078-077-22
  • Plat Reference Section Pages: 900
  • Land Included Yn: 0
  • Development Status: Completed
  • Zoning Specification: MUDDO

Green Features

  • Green Verification Count: 1

Rental Info

  • Pets Allowed: Yes

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2023
Closed on
Mar 17, 2023
Sold by
Bonar Vlad
Bought by
Moroz Brian P and Moroz Justine S
Seller's Agent
Matt Claxton
My Townhome LLC
Buyer's Agent
Frank Uher
Keller Williams Connected
List Price
$240,000
Sold Price
$238,500
Premium/Discount to List
-$1,500
-0.62%
Total Days on Market
33
Views
78
Current Estimated Value
$253,688

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,188
Avg. Annual Appreciation
0.15%

Purchase Details

Listed on
Feb 17, 2022
Closed on
Apr 9, 2022
Sold by
Alan Lax Zachary Nathan
Bought by
Bonar Vlad
Seller's Agent
Mel Roy
EXP Realty LLC Ballantyne
Buyer's Agent
Matt Claxton
My Townhome LLC
List Price
$224,900
Sold Price
$222,000
Premium/Discount to List
-$2,900
-1.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.10%

Purchase Details

Listed on
Nov 14, 2019
Closed on
Feb 21, 2020
Sold by
Monaco Melissa
Bought by
Lax Zachary Nathan Alan
Seller's Agent
Brian Michaels
Coldwell Banker Realty
Buyer's Agent
Hillary Meachum
Keller Williams Ballantyne Area
List Price
$182,000
Sold Price
$175,000
Premium/Discount to List
-$7,000
-3.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.70%
Original Mortgage
$166,250
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 9, 2012
Sold by
The Fourth Ward Square Llc
Bought by
Monaco Melissa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,936
Interest Rate
4%
Mortgage Type
FHA
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 Type Sale Price Title Company
Warranty Deed $238,500 --
Warranty Deed $222,000 Doyle & Wallace Pllc
Warranty Deed $175,000 None Available
Special Warranty Deed $117,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $166,250 New Conventional
Previous Owner $1,100,001 New Conventional
Previous Owner $113,936 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2023 03/17/23 Sold $238,500 -0.6% $425 / Sq Ft
02/23/2023 02/23/23 For Sale $240,000 +8.1% $428 / Sq Ft
04/14/2022 04/14/22 Sold $222,000 -1.3% $405 / Sq Ft
03/22/2022 03/22/22 Pending -- -- --
02/17/2022 02/17/22 For Sale $224,900 +28.5% $410 / Sq Ft
02/21/2020 02/21/20 Sold $175,000 -2.8% $307 / Sq Ft
01/21/2020 01/21/20 Pending -- -- --
01/08/2020 01/08/20 Price Changed $179,999 -1.1% $316 / Sq Ft
01/01/2020 01/01/20 For Sale $182,000 +4.0% $319 / Sq Ft
12/09/2019 12/09/19 Off Market $175,000 -- --
11/14/2019 11/14/19 For Sale $182,000 -- $319 / 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 $1,805 $223,159 $0 $223,159
2022 $1,745 $165,500 $0 $165,500
2021 $1,734 $165,500 $0 $165,500
2020 $1,727 $165,500 $0 $165,500
2019 $1,711 $165,500 $0 $165,500
2018 $1,460 $104,000 $42,500 $61,500
2017 $1,427 $104,000 $42,500 $61,500
2016 $1,417 $104,000 $42,500 $61,500
2015 $1,406 $104,000 $42,500 $61,500
2014 $1,392 $104,000 $42,500 $61,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3830095

Canopy MLS (Canopy Realtor® Association)

APN: 078-077-22