NOT LISTED FOR SALE

5451 Gwynne Ave Unit C Charlotte, NC 28205

Oakhurst Neighborhood

Estimated Value: $606,302 - $679,000

6 Beds
4 Baths
2,607 Sq Ft
$247/Sq Ft Est. Value

Last Sold November 24, 2020

Last sale price $410,000 $157 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $3,848/month

About This Home

As of November 2020

You've just found your perfect Investment Opportunity! This Triplex is nestled in the well sought out Hollywood Subdivision. It's very close to shopping & entertainment. Quick Uber ride to downtown Charlotte while still close to NODA & Central Ave for a night out on the town. Two of the Three Units have been updates with one unit having a long time tenant on a month-to-month lease. The two Units have an annual lease that ends in February & March of 2021. All Units are currently rented to very responsible tenants. The roof was installed in 2018, Units 2 & 3 have updated plumbing, & Unit 2 has a New HVAC. You don't want to miss this opportunity!! Showings to start 10/08/2020.
***Please respect the tenants. Showings are between 9a-5p***

Last Agent to Sell the Property

Candice Wilson

Legacy Dream Homes LLC License #298118 Listed on: 10/07/2020

Last Buyer's Agent

Ethan Rowan

Century 21 Echelon License #298836

Century 21 Echelon

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962

Lot Details

  • 0.26

Home Design

  • Triplex

Additional Features

  • Vinyl Plank Flooring
  • 4 Full Bathrooms
  • Crawl Space
  • Level Lot

Listing and Financial Details

  • Tenant pays for all utilities
  • Rent includes exterior maintenance, management fee
  • Assessor Parcel Number 161-032-09

Property Details

Home Type

Multi-Family

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Acre: 1576923.08
  • Ratio Current Price By Sq Ft: 157.27
  • Year Built: 1962
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 4
  • Total Bedrooms: 6
  • Equipment: Cable Prewire, Ceiling Fan(s), Cooktop Electric, Refrigerator
  • Flooring: Vinyl Plank
  • Laundry Location: Main
  • Total Sq Ft: 2607

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Asphalt
  • Parking: Driveway

Utilities

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

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Lot Features: Level
  • Lot Size Area: 0.260
  • Parcel Number: 161-032-09
  • Zoning Specification: R4

Rental Info

  • Rent Includes: Exterior Maintenance, Management Fee
  • Tenant Pays: All Utilities

Tax Info

  • Tax Value: 267300.00
  • Tax Location: Mecklenburg

Multi Family

  • Unit Count: 3
  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 18, 2021
Sold by
Tapscott Bryce
Bought by
Gwynne Llc
Current Estimated Value
$642,651

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$338,000
Outstanding Balance
$319,440
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$323,211

Purchase Details

Listed on
Oct 7, 2020
Closed on
Nov 25, 2020
Sold by
Mansa Musa Llc
Bought by
Tapscott Bryce
Seller's Agent
Candice Wilson
Legacy Dream Homes LLC
Buyer's Agent
Ethan Rowan
Century 21 Echelon
List Price
$410,000
Sold Price
$410,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.95%
Original Mortgage
$402,573
Interest Rate
2.8%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 16, 2018
Sold by
Henderson Douglas B and Henderson Zelda J
Bought by
Mansa Musa Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,499
Interest Rate
4.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 4, 2001
Sold by
Henderson Douglas B and Henderson Zelda J
Bought by
Henderson Douglas B and Henderson Zelda J
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Gwynne Llc $452,000 None Available
Tapscott Bryce $410,000 None Available
Mansa Musa Llc $190,000 None Available
Henderson Douglas B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gwynne Llc $338,000
Previous Owner Tapscott Bryce $402,573
Previous Owner Mansa Musa Llc $200,000
Previous Owner Mansa Musa Llc $174,499
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/24/2020 11/24/20 Sold $410,000 0.0% $157 / Sq Ft
10/08/2020 10/08/20 Pending -- -- --
10/07/2020 10/07/20 For Sale $410,000 -- $157 / 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 $4,147 $486,900 $157,500 $329,400
2023 $3,989 $486,900 $157,500 $329,400
2022 $2,956 $267,300 $120,000 $147,300
2021 $2,923 $267,300 $120,000 $147,300
2020 $2,901 $267,300 $120,000 $147,300
2019 $2,854 $267,300 $120,000 $147,300
2018 $2,523 $175,500 $50,000 $125,500
2017 $2,461 $175,500 $50,000 $125,500
2016 $2,432 $175,500 $50,000 $125,500
2015 $2,398 $175,500 $50,000 $125,500
2014 $2,371 $183,900 $50,000 $133,900
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3668737

Canopy MLS (Canopy Realtor® Association)

APN: 161-032-09