NOT LISTED FOR SALE

525 Walnut Ave Charlotte, NC 28208

Wesley Heights Neighborhood

Estimated Value: $593,338 - $719,000

3 Beds
2 Baths
1,439 Sq Ft
$438/Sq Ft Est. Value

Sale Details

Date Sold: May 6, 2019

Last sale price $368,000 $256 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $3,729 / mo

4 Days on Market

About This Home

As of May 2019

MOVE IN READY! Wood floors throughout. Granite in bathrooms and kitchen. Covered front porch. Kitchen has stainless steel appliances with gas stove.

Last Agent to Sell the Property

Bill Esterline

K Leed Real Estate LLC License #238300 Listed on: 03/29/2019

Last Buyer's Agent

Dianne McKnight

RE/MAX Executive License #185739

RE/MAX Executive

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1933

Lot Details

  • 10,019

Interior Spaces

  • 2 Full Bathrooms
  • Fireplace
  • Wood Flooring
  • Crawl Space

Listing and Financial Details

  • Assessor Parcel Number 071-022-04

Home Details

Home Type

Single Family

Year Built

Built in 1933

Lot Details

10,019 Sq Ft Lot

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story Basement
  • Ratio Close Price By List Price: 0.92023
  • Ratio Close Price By Original Li: 0.92023
  • Ratio Current Price By Acre: 1600000.00
  • Ratio Current Price By Sq Ft: 255.73
  • Year Built: 1933
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement Inside Entrance, Crawl Space
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Equipment: Cable Prewire, Gas Range, Refrigerator, Gas Oven
  • Fireplace Description: Living Room
  • Fireplace: Yes
  • Flooring: Wood
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 1439
  • Total Sq Ft: 1439
  • Sq Ft Unheated Basement: 247
  • Sq Ft Unheated Total: 247

Exterior Features

  • Construction: Wood
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Concrete
  • Parking: Driveway, Parking Space - 1

Utilities

  • Heating: Central Air, Gas Hot Air Furnace
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Gas

Lot Info

  • Parcel Number: 071-022-04
  • Zoning Specification: R5

Tax Info

  • Tax Value: 338600.00
  • Tax Location: Charlotte

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2019
Closed on
Apr 23, 2019
Sold by
Ih2 Property North Carolina Lp
Bought by
Griswold Bailey F
Seller's Agent
Bill Esterline
K Leed Real Estate LLC
Buyer's Agent
Dianne McKnight
RE/MAX Executive
List Price
$399,900
Sold Price
$368,000
Premium/Discount to List
-$31,900
-7.98%
Current Estimated Value
$630,335

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$262,335
Avg. Annual Appreciation
8.08%
Original Mortgage
$218,000
Outstanding Balance
$189,956
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$440,379

Purchase Details

Closed on
Jun 28, 2018
Sold by
2018 3 Ih Borrower Lp
Bought by
Ih2 Property North Carolina Lp

Purchase Details

Closed on
Jun 25, 2015
Sold by
Ih2 Property Noth Carolina Lp
Bought by
2015-3 Ih2 Borrower Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,193,950
Interest Rate
3.93%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Aug 21, 2013
Sold by
Universal Investments Llc
Bought by
Ih2 Property North Carolina Lp

Purchase Details

Closed on
Dec 19, 2012
Sold by
Westbrook Eric Ricardo and Westbrook Angela
Bought by
Universal Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 28, 2010
Sold by
Westbrook Willie
Bought by
Westbrook Eric Ricardo and Hill Toni Lee Westbrook
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
Griswold Bailey F $368,000 None Available
Ih2 Property North Carolina Lp -- None Available
2015-3 Ih2 Borrower Lp -- Os National Llc
2015-3 Ih2 Borrower Lp -- Os National Llc
Ih2 Property North Carolina Lp $203,000 Meridian Title Co
Universal Investments Llc $127,000 None Available
Westbrook Eric Ricardo -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Griswold Bailey F $218,000
Previous Owner 2015-3 Ih2 Borrower Lp $1,193,950
Previous Owner Universal Investments Llc $160,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/06/2019 05/06/19 Sold $368,000 -8.0% $256 / Sq Ft
04/02/2019 04/02/19 Pending -- -- --
03/29/2019 03/29/19 For Sale $399,900 0.0% $278 / Sq Ft
12/16/2013 12/16/13 Rented $1,395 -11.4% --
11/16/2013 11/16/13 Under Contract -- -- --
10/02/2013 10/02/13 For Rent $1,575 -- --
Source: Canopy MLS

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 $4,008 $509,000 $290,000 $219,000
2024 $4,008 $509,000 $290,000 $219,000
2023 $3,873 $509,000 $290,000 $219,000
2022 $3,492 $348,900 $200,000 $148,900
2021 $3,481 $348,900 $200,000 $148,900
2020 $3,474 $338,600 $200,000 $138,600
2019 $3,359 $338,600 $200,000 $138,600
2018 $2,115 $155,600 $76,000 $79,600
2017 $2,077 $155,600 $76,000 $79,600
2016 $2,068 $155,600 $76,000 $79,600
2015 $2,056 $155,600 $76,000 $79,600
2014 -- $155,600 $76,000 $79,600
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2019

    Bill Esterline

    K Leed Real Estate LLC

    Section Image

  • D

    Buyer's Agent in 2019

    Dianne McKnight

    RE/MAX Executives Charlotte, NC

    Section Image

  • A

    Seller's Agent in 2013

    Anthony McCarver

    Coldwell Banker Realty

    Section Image
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Map

Source: Canopy MLS

MLS Number: CAR3489962

Canopy MLS

APN: 071-022-04

North Carolina Mecklenburg County Charlotte 28208 Wesley Heights

525 Walnut Ave, Charlotte, NC

Not Listed for Sale

Detached

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Canopy MLS All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID

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