NOT LISTED FOR SALE

Estimated Value: $358,848 - $592,000

3 Beds
2 Baths
1,368 Sq Ft
0.47 Acres

Last Sold June 11, 2021

Last sale price $265,000 $194 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $2,430/month

103 Days on Market

Highlights

  • Fireplace
  • Storage Room
  • Level Lot
  • Olde Providence Elementary Rated A-
  • Fire Pit

About This Home

As of June 2021

LOCATION LOCATION LOCATION! Great investment opportunity. This charming 3bd 2ba townhome sits in the highly desirable south Charlotte area. Located just minutes to shopping, dining, and i-485. This listing must be purchased with conjoined townhome located at 5232 Rea Rd. (contact listing agent for more details). Virtual video tour available.

Last Agent to Sell the Property

Luke Montsinger

Coldwell Banker Realty License #284139 Listed on: 01/10/2021

Coldwell Banker Realty

Last Buyer's Agent

Rick Devine

Coldwell Banker Realty License #181367

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1980

Lot Details

  • 0.47

Parking

  • Gravel Driveway

Interior Spaces

  • 2 Full Bathrooms
  • Fireplace
  • Storage Room
  • Crawl Space

Outdoor Features

  • Fire Pit

Listing and Financial Details

  • Assessor Parcel Number 211-233-18

Property Details

Home Type

Condominium

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Condo/Townhouse
  • Property Sub Type: 2 Story
  • Ratio Close Price By List Price: 0.94982
  • Ratio Close Price By Original Li: 0.88333
  • Ratio Current Price By Sq Ft: 193.71
  • Unit Floor Level: 1
  • Year Built: 1980
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space
  • Upper Level Sq Ft: 481
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Entry Level: Main
  • Equipment: Cable Prewire, Ceiling Fan(s), Dishwasher, Electric Dryer Hookup, Refrigerator
  • Fireplace Description: Den
  • Fireplace: Yes
  • Laundry Location: Main
  • Room Count: 2
  • Main Level Sq Ft: 887
  • Total Sq Ft: 1368

Exterior Features

  • Construction: Cedar Shake
  • Construction Type: Site Built
  • Exterior Features: Fire pit, Storage Unit

Garage/Parking

  • Driveway: Gravel
  • Parking: Driveway

Utilities

  • Heating: Central Air
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Complex Name: Five Knolls Estates

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Myers Park

Lot Info

  • Land Included Yn: Yes
  • Lot Features: Level
  • Parcel Number: 211-233-18
  • Zoning Specification: R3

Tax Info

  • Tax Value: 151300.00
  • Tax Location: Charlotte

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 13, 2023
Sold by
Hanks Adam Spencer and Hanks Mirela Elvira
Bought by
Hanks Adam Spencer
Current Estimated Value
$423,712

Purchase Details

Listed on
Jan 10, 2021
Closed on
Jun 11, 2021
Sold by
Ransom Dennis M and Ransom Annabella Louise
Bought by
Hanks Adam Spencer and Hanks Mirela Elvira
Seller's Agent
Luke Montsinger
Coldwell Banker Realty
Buyer's Agent
Rick Devine
Coldwell Banker Realty
List Price
$300,000
Sold Price
$265,000
Premium/Discount to List
-$35,000
-11.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.53%
Original Mortgage
$198,750
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 1, 2014
Sold by
Ransom Joseph D
Bought by
Ransom Dennis M

Purchase Details

Closed on
Dec 22, 2005
Sold by
Ransom Dennis M and Ransom Annabelle Louise
Bought by
Ransom Joseph David and Ransom Elizabeth Ann

Purchase Details

Closed on
Aug 31, 2005
Sold by
Primm Clinton Craig and Primm Laurie C
Bought by
Ransom Dennis M and Ransom Annabelle Louise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,400
Interest Rate
5.64%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 29, 1997
Sold by
William Macclements John and William Mary F
Bought by
Primm Ii Clinton Craig and Primm Laurie C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,875
Interest Rate
7.31%
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
Hanks Adam Spencer -- None Listed On Document
Hanks Adam Spencer $265,000 None Available
Ransom Dennis M -- None Available
Ransom Joseph David -- None Available
Ransom Dennis M $93,000 --
Primm Ii Clinton Craig $64,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hanks Adam Spencer $198,750
Previous Owner Ransom Joseph David $87,000
Previous Owner Ransom Dennis M $74,400
Previous Owner Primm Ii Clinton Craig $60,875
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2021 06/11/21 Sold $265,000 -5.0% $194 / Sq Ft
04/24/2021 04/24/21 Pending -- -- --
04/14/2021 04/14/21 Price Changed $279,000 -2.0% $204 / Sq Ft
03/12/2021 03/12/21 Price Changed $284,750 -1.5% $208 / Sq Ft
01/27/2021 01/27/21 Price Changed $289,000 -3.7% $211 / Sq Ft
01/10/2021 01/10/21 For Sale $300,000 -- $219 / 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
2024 $2,188 $268,703 -- $268,703
2023 $2,110 $268,703 $0 $268,703
2022 $1,586 $151,300 $0 $151,300
2021 $1,575 $151,300 $0 $151,300
2020 $1,567 $151,300 $0 $151,300
2019 $1,552 $151,300 $0 $151,300
2018 $1,071 $76,000 $20,000 $56,000
2017 $1,047 $76,000 $20,000 $56,000
2016 $1,037 $76,000 $20,000 $56,000
2015 $1,026 $76,000 $20,000 $56,000
2014 $1,015 $76,000 $20,000 $56,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3694987

Canopy MLS (Canopy Realtor® Association)

APN: 211-233-18