NOT LISTED FOR SALE

541 W Charles St Matthews, NC 28105

Estimated Value: $153,514

0.26 Acre
$590,438 Price per Acre
11,326 Sq Ft Lot

Last Sold January 20, 2023

Last sale price $130,000

Est. 18% increase in value since last sale

Current estimated payment $920/month

245 Days on Market

About This Lot

As of January 2023

Level lot with paved access is an excellent commercial investment opportunity located just 1/2 mile from downtown Matthews. Perfect for medical, professional, service or other business use. Conveniently located across from Tryon Medical Group and within a cluster of several medical specialty businesses. Located in a BIP Opportunity Area and may be eligible for a 90% Business Investment Program Grant through Mecklenburg County’s Office of Economic Development Office. Re-zoning may allow medical, dental or optical office, lab & clinic; Bank & Financial services; Adult School; Child daycare; professional, business & contractor's office (no storage); Museum; Art Gallery; copy /printing; Florist; Studio for gymnast, artist, designer, photographer, musician, sculptor, Live-work unit or Duplex. Please do not drive across 542 W. John St. property or through their parking lot.

Last Agent to Sell the Property

Daniel Fisher

Fisher Herman Realty LLC License #228185 Listed on: 05/20/2022

Co-Listed By

Rebecca Fisher

Fisher Herman Realty LLC License #288375

Last Buyer's Agent

Karen Minter

Costello Real Estate and Investments LLC License #285150

Costello Real Estate and Investments LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,274

Lot Details

  • Lot Dimensions are 75x153
  • Infill Lot
  • Paved or Partially Paved Lot
  • Level Lot
  • Open Lot
  • Cleared Lot
  • Possible uses of the property include Commercial, Multi-Family, Other
  • Property is zoned O(CD), Office

Home Design

  • Slab Foundation

Basement

  • Crawl Space

Schools

  • Matthews Elementary School
  • Crestdale Middle School
  • Butler High School

Utilities

  • Water Tap or Transfer Fee
  • Cable TV Available

Community Details

  • Shelton Subdivision

Listing and Financial Details

  • Assessor Parcel Number 19325113
  • Tax Block A

Property Details

Property Type

Land

Est. Annual Taxes

$1,274

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Lots/Acres/Farms
  • Habitable Residence Yn: No
  • Ratio Current Price By Acre: 494296.58
  • Restrictions: No Representation
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Frontage Type: City Street, Paved Road
  • Structure Type: Unimproved Commercial
  • ResoPropertyType: Land
  • Special Features: None

Interior Features

  • Foundation Details: Brick/Mortar, Slab, Crawl Space, Slab
  • Fixture Exception Yn: 0
  • Possible Use: Commercial, Multi-Family, Other

Exterior Features

  • Tax Location: Matthews

Utilities

  • Sewer: Public Sewer, Tap Fee Required
  • Utilities: Cable Available, Electricity Available, Telephone On-Site
  • Water Source: Public, Tap Fee Required

Schools

  • Middle Or Junior School: Crestdale
  • HOA Subject To: None

Lot Info

  • Lot Features: Cleared, Infill Lot, Level, Open Lot, Paved
  • Lot Size Area: 0.263
  • Lot Size Units: Acres
  • Parcel Number: 19325113
  • Out Buildings Yn: 0
  • Plat Book Slide: M3-17
  • Can Be Subdivided: 0
  • Plat Reference Section Pages: 17
  • Cleared Acres: 0.20
  • Lot Size: 75x153
  • Zoning Description: Office
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Block: A
  • RATIO List Price By Tax Amount: 1.29870

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Matthews
  • High School: Butler

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 19, 2021
Sold by
Zuzus Holdings Llc
Bought by
Cooper Timothy B and Cooper Marie K
Current Estimated Value
$153,514

Purchase Details

Closed on
Jan 29, 2016
Sold by
Robinson Sandra Privatte and Lamm Susan Privatte
Bought by
Zuzus Holdings

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$371,000
Interest Rate
4.04%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 1, 1975
Bought by
Privatte Dal S and Privatte Margaret
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
Cooper Timothy B $500,000 None Available
Zuzus Holdings $350,000 None Available
Privatte Dal S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zuzus Holdings $371,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/20/2023 01/20/23 Sold $130,000 -13.3% --
05/20/2022 05/20/22 For Sale $150,000 -- --
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 $1,274 $169,900 $169,900 --
2024 $1,274 $169,900 $169,900 --
2023 $1,257 $169,900 $169,900 $0
2022 $1,053 $115,500 $115,500 $0
2021 $2,933 $321,600 $216,900 $104,700
2020 $2,884 $321,600 $216,900 $104,700
2019 $2,884 $321,600 $216,900 $104,700
2018 $2,795 $237,200 $170,100 $67,100
2017 $2,741 $237,200 $170,100 $67,100
2016 $2,829 $244,800 $177,700 $67,100
2015 $2,829 $244,800 $177,700 $67,100
2014 $2,774 $244,800 $177,700 $67,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3862510

Canopy MLS (Canopy Realtor® Association)

APN: 193-251-13