NOT LISTED FOR SALE

Estimated Value: $200,000 - $226,473

2 Beds
2.5 Baths
1,206 Sq Ft
$65/mo HOA Fee

Last Sold May 10, 2018

Last sale price $75,000 $62 Per Sq Ft

Est. 188% increase in value since last sale

Current estimated payment $1,344/month

12 Days on Market

About This Home

As of May 2018

Awesome Opportunity to own a cash flowing investment property minutes away from Uptown Charlotte. The unit is currently being rented at 650.00 per month on a month to month basis. The unit is tenant occupied, do not disturb tenant.

Last Agent to Sell the Property

Lorenza Boone

Keller Williams Ballantyne Area License #240305 Listed on: 03/15/2018

Keller Williams Ballantyne Area

Co-Listed By

LeClair Boone

Keller Williams Ballantyne Area License #280406

Last Buyer's Agent

Scott Thomas

Keller Williams South Park License #288300

Keller Williams South Park

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2002

Lot Details

  • 2,178

HOA Fees

  • $65 Monthly HOA Fees

Parking

  • 1

Home Design

  • Transitional Architecture
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • Insulated Windows
  • Laminate Flooring

Community Details

  • Rubec Association, Phone Number (704) 847-9533

Listing and Financial Details

  • Assessor Parcel Number 057-133-05

Property Details

Home Type

Condominium

Year Built

Built in 2002

Lot Details

0

HOA Fees

$65 per month

Parking

1

Listing Details

  • Property Type: Condo/Townhouse
  • Property Sub Type: 2 Story
  • Architectural Style: Transitional
  • Ratio Close Price By List Price: 0.94937
  • Ratio Close Price By Original Li: 0.94937
  • Ratio Current Price By Acre: 1500000.00
  • Ratio Current Price By Sq Ft: 62.19
  • Unit Floor Level: 1
  • Year Built: 2002
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 693
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 2
  • Doors and Windows: Insulated Windows
  • Entry Level: Main
  • Equipment: Dishwasher, Disposal, Electric Dryer Hookup, Ice Maker Connection, Microwave
  • Flooring: Carpet, Laminate Wood
  • H O A Management Phone: 704-847-9533
  • Laundry Location: Main
  • Room Count: 2
  • Main Level Sq Ft: 513
  • Total Sq Ft: 1206
  • Sq Ft Unheated Main: 240
  • Sq Ft Unheated Total: 240

Exterior Features

  • Construction: Brick Partial, Vinyl
  • Construction Type: Site Built
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Concrete
  • Parking: Garage - 1 Car

Utilities

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

Condo/Co-op/Association

  • Association Fee: 65.00
  • Association Fee Frequency: Monthly
  • Complex Name: Summerville
  • HOA Management Company: Rubec
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Whitewater Academy
  • Middle School: Whitewater
  • High School: West Mecklenburg

Lot Info

  • Land Included Yn: Yes
  • Lot Dimension: 28x85x33x86
  • Lot Size Area: 0.050
  • Parcel Number: 057-133-05
  • Zoning Specification: R17MF

Tax Info

  • Tax Value: 27300.00
  • Tax Location: Charlotte

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2018
Closed on
May 10, 2018
Sold by
Roosevelt Patterson Jr Llc
Bought by
Garieballa Isam E
Seller's Agent
Lorenza Boone
Keller Williams Ballantyne Area
Buyer's Agent
Scott Thomas
Keller Williams South Park
List Price
$79,000
Sold Price
$75,000
Premium/Discount to List
-$4,000
-5.06%
Current Estimated Value
$216,118

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,118
Avg. Annual Appreciation
16.86%

Purchase Details

Closed on
Dec 3, 2013
Sold by
Roosevelt Patterson Llc
Bought by
Myers Grantee Tanisha P

Purchase Details

Closed on
Dec 3, 2010
Sold by
Secretary Of Housing & Urban Development
Bought by
Roosevelt Patterson Jr Llc

Purchase Details

Closed on
Apr 22, 2010
Sold by
Jones Kandi S
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Mar 29, 2010
Sold by
Wells Fargo Bank Na
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Jun 27, 2003
Sold by
Lewis Homes Inc
Bought by
Jones Kandi S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,195
Interest Rate
5.43%
Mortgage Type
FHA
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
Garieballa Isam E $75,000 None Available
Myers Grantee Tanisha P -- None Available
Roosevelt Patterson Jr Llc -- None Available
Wells Fargo Bank Na $87,720 None Available
Secretary Of Housing & Urban Development -- None Available
Jones Kandi S $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jones Kandi S $89,195
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2018 05/10/18 Sold $75,000 -5.1% $62 / Sq Ft
03/27/2018 03/27/18 Pending -- -- --
03/15/2018 03/15/18 For Sale $79,000 -- $66 / 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 $1,520 $180,500 $50,000 $130,500
2024 $1,520 $180,500 $50,000 $130,500
2023 $1,463 $180,500 $50,000 $130,500
2022 $844 $74,400 $14,000 $60,400
2021 $832 $74,400 $14,000 $60,400
2020 $822 $74,100 $14,000 $60,100
2019 $807 $74,100 $14,000 $60,100
2018 $432 $27,300 $3,000 $24,300
2017 $416 $27,300 $3,000 $24,300
2016 $407 $27,300 $3,000 $24,300
2015 -- $27,300 $3,000 $24,300
2014 -- $38,900 $3,000 $35,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3369865

Canopy MLS (Canopy Realtor® Association)

APN: 057-133-05