NOT LISTED FOR SALE

551 Old Mill Rd Unit 1005F Charlotte, NC 28206

Optimist Park Neighborhood

Estimated Value: $343,000 - $611,000

2 Beds
2.5 Baths
1,370 Sq Ft
$331/Sq Ft Est. Value

Last Sold June 19, 2020

Last sale price $220,500 $161 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $2,549/month

Highlights

  • New Construction
  • Traditional Architecture
  • Lawn
  • Open Floorplan
  • End Unit
  • 2 Car Attached Garage

About This Home

As of June 2020

This home is located at 551 Old Mill Rd Unit 1005F, Charlotte, NC 28206 since 12 December 2019 and is currently estimated at $453,721, approximately $331 per square foot. This property was built in 2020. 551 Old Mill Rd Unit 1005F is a home located in Mecklenburg County with nearby schools including Villa Heights Elementary, Eastway Middle School, and Garinger High School.

Last Agent to Sell the Property

Jerry Smith

Smith Capital Partners LLC Brokerage Email: jesmith@nvrinc.com License #126145 Listed on: 12/12/2019

Last Buyer's Agent

Cynthia Worthy

Worthy & Associates Real Estate LLC License #239607

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 784 Sq Ft Lot
  • End Unit
  • Lawn

Parking

  • 2 Car Attached Garage
  • On-Street Parking

Home Design

  • Traditional Architecture
  • Property Attached
  • Entry on the 1st floor
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 3-Story Property
  • Open Floorplan
  • Insulated Windows
  • Insulated Doors

Kitchen

  • Oven
  • Gas Range
  • Microwave
  • Plumbed For Ice Maker
  • ENERGY STAR Qualified Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Tankless Water Heater
  • Gas Water Heater

Additional Features

  • Level Entry For Accessibility
  • No or Low VOC Paint or Finish

Community Details

  • Parkwood Square Condos
  • Built by Ryan Homes
  • Parkwood Square Subdivision, Clarendon 3 Story Floorplan
  • Property has a Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 08107758

Property Details

Home Type

Multi-Family

Year Built

Built in 2020 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Architectural Style: Traditional
  • Year Built: 2020
  • Road Surface Type: Concrete
  • Unit Levels: Three
  • Property Attached Yn: Yes
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 160.95
  • Attribution Contact: jesmith@nvrinc.com
  • Special Features: NewHome

Interior Features

  • Foundation Details: Slab
  • Entry Level: 1
  • Flooring: Carpet, Tile, Vinyl
  • Interior Amenities: Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s)
  • Lower Level Sq Ft: 88
  • Main Level Sq Ft: 647
  • Third Level Sq Ft: 635
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Appliances: Disposal, Dryer, ENERGY STAR Qualified Dishwasher, Gas Range, Gas Water Heater, Microwave, Oven, Plumbed For Ice Maker, Tankless Water Heater, Washer
  • Above Grade Finished Sq Ft: 1370
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Insulated Door(s)
  • Entry Location: Lower
  • Living Area: 1370
  • Window Features: Insulated Window(s)
  • Bedroom Third: 2

Exterior Features

  • Exterior Features: Lawn Maintenance
  • New Construction: Yes
  • Construction Type: Site Built
  • Construction Type: Brick Partial

Garage/Parking

  • Main Level Garage YN: 1
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Attached Garage, On Street

Utilities

  • Heating: Central, Forced Air, Natural Gas, Zoned
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup, Upper Level
  • Cooling: Zoned
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights
  • Hoa Subject To Dues: Mandatory
  • Complex Name: Parkwood Square
  • Association: Yes

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: Required

Lot Info

  • Lot Features: End Unit
  • Lot Size Units: Acres
  • Parcel Number: 08107758
  • Zoning: R-O
  • Land Included Yn: 1
  • Development Status: Completed
  • Lot Size Acres: 0.018
  • Lot Size Sq Ft: 784
  • ResoLotSizeUnits: Acres
  • Zoning Specification: TOD-R(O)

Green Features

  • Green Sustainability: Low VOC Coatings

Building Info

  • Builder Name: Ryan Homes

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 12, 2019
Closed on
Jun 10, 2020
Sold by
Nvr Inc
Bought by
Worthy Jeremy Fitzgerald
Seller's Agent
Jerry Smith
Smith Capital Partners LLC
Buyer's Agent
Cynthia Worthy
Worthy & Associates Real Estate LLC
List Price
$230,000
Sold Price
$220,500
Premium/Discount to List
-$9,500
-4.13%
Current Estimated Value
$453,721

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$233,221
Avg. Annual Appreciation
13.75%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Worthy Jeremy Fitzgerald $220,500 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/19/2020 06/19/20 Sold $220,500 -4.1% $161 / Sq Ft
04/02/2020 04/02/20 Pending -- -- --
04/02/2020 04/02/20 For Sale $230,000 -- $168 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $2,321 $300,000 -- $300,000
2024 $2,321 $300,000 -- $300,000
2023 $2,245 $300,000 $0 $300,000
2022 $3,912 $401,300 $150,000 $251,300
2021 $3,912 $401,300 $150,000 $251,300
2020 $1,448 $60,000 $60,000 $0
2019 $579 $60,000 $60,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3609015

Canopy MLS (Canopy Realtor® Association)

APN: 081-077-58