NOT LISTED FOR SALE

562 Oakland Ave Unit 22 Charlotte, NC 28204

Elizabeth Neighborhood

Estimated Value: $259,000 - $331,000

1 Bed
1 Bath
760 Sq Ft
$250/mo HOA Fee

Last Sold September 15, 2021

Last sale price $235,000 $309 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $2,042/month

2 Days on Market

Highlights

  • Wood Flooring
  • Myers Park High Rated A
  • Walk-In Closet

About This Home

As of September 2021

Top floor condo in sought after Elizabeth. 2 balconies with magnificent views of one of Charlotte's favorite neighborhoods! Great open floorplan, hardwood floors, granite kitchen counter tops, stainless steel appliances, large master bedroom with walk in closet. Large laundry room. New HVAC!! Fantastic location, elevator right outside the door. Live in the heart of Elizabeth within walking distance to the hospitals, restaurants like the Krunkleton, Independence park conveniently next to a Lynx Gold Line stop.

Last Agent to Sell the Property

Wes Collins

COMPASS License #283483 Listed on: 08/05/2021

COMPASS

Last Buyer's Agent

Wendy Noonan

ProStead Realty License #264870

ProStead Realty

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2004

Lot Details

  • 1.34

HOA Fees

  • $250 Monthly HOA Fees

Home Design

  • Slab Foundation

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • 1 Full Bathroom

Listing and Financial Details

  • Assessor Parcel Number 080-204-64

Community Details

Overview

  • Greenway Management Association, Phone Number (704) 940-0847
  • Mid-Rise Condominium

Amenities

  • Elevator

Property Details

Home Type

Condominium

Year Built

Built in 2004

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Property Type: Condo/Townhouse
  • Property Sub Type: Mid-Rise
  • Ratio Close Price By List Price: 1.04444
  • Ratio Close Price By Original Li: 1.04444
  • Ratio Current Price By Sq Ft: 309.21
  • Unit Floor Level: 3
  • Year Built: 2004
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 1
  • Entry Level: Main
  • Equipment: Cable Prewire, Ceiling Fan(s), Dishwasher, Disposal, Dryer, Electric Oven, Electric Range, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Flooring: Tile, Wood
  • H O A Management Phone: 704-940-0847
  • Interior Amenities: Elevator, Walk-In Closet(s)
  • Laundry Location: Main, Laundry Room
  • Room Count: 1
  • Main Level Sq Ft: 760
  • Total Sq Ft: 760

Exterior Features

  • Construction: Concrete Block, Wood
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Asphalt
  • Parking: Assigned Parking Space - 1

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Elevator
  • Association Fee: 250.00
  • Association Fee Frequency: Monthly
  • Complex Name: Elizabeth Village
  • HOA Management Company: Greenway Management
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Eastover
  • Middle School: Sedgefield
  • High School: Myers Park

Lot Info

  • Parcel Number: 080-204-64
  • Zoning Specification: UR2CD

Tax Info

  • Tax Value: 125600.00
  • Tax Location: Charlotte

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2021
Closed on
Sep 14, 2021
Sold by
Faulkner Kaitlin
Bought by
Falzarano Jarred Samuel
Seller's Agent
Wes Collins
COMPASS
Buyer's Agent
Wendy Noonan
ProStead Realty
List Price
$225,000
Sold Price
$235,000
Premium/Discount to List
$10,000
4.44%
Current Estimated Value
$301,365

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,365
Avg. Annual Appreciation
6.35%
Original Mortgage
$223,250
Outstanding Balance
$203,286
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$98,079

Purchase Details

Listed on
Jul 13, 2018
Closed on
Aug 13, 2018
Sold by
Tillis Susan M and Tillis Thomas R
Bought by
Faulkner Kaitlin
Seller's Agent
Susan Tillis
Howard Hanna Allen Tate Davidson
Buyer's Agent
Wes Collins
COMPASS
List Price
$176,000
Sold Price
$176,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.84%
Original Mortgage
$170,720
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 3, 2018
Closed on
Jun 4, 2018
Sold by
Bailey Matthew M and Spivey Stephanie D
Bought by
Tillis Susan M
Seller's Agent
Carol King
Sold On Charlotte Properties
Buyer's Agent
Susan Tillis
Howard Hanna Allen Tate Davidson
List Price
$179,900
Sold Price
$175,043
Premium/Discount to List
-$4,857
-2.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.76%

Purchase Details

Closed on
Apr 12, 2012
Sold by
Leitch Chanel and Aderhold Chanel
Bought by
Bailey Matthew M and Spively Stephanie D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,200
Interest Rate
4.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 14, 2006
Sold by
Binder Sarah B and Binder Eric J
Bought by
Aderhold Chanel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,040
Interest Rate
6.29%
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
Falzarano Jarred Samuel $235,000 None Available
Faulkner Kaitlin $176,000 None Available
Tillis Susan M $175,500 None Available
Bailey Matthew M $159,000 None Available
Aderhold Chanel $184,000 Investors
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Falzarano Jarred Samuel $223,250
Previous Owner Faulkner Kaitlin $170,720
Previous Owner Bailey Matthew M $127,200
Previous Owner Aderhold Chanel $147,040
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2021 09/15/21 Sold $235,000 +4.4% $309 / Sq Ft
08/08/2021 08/08/21 Pending -- -- --
08/05/2021 08/05/21 For Sale $225,000 +27.8% $296 / Sq Ft
08/16/2018 08/16/18 Sold $176,000 0.0% $232 / Sq Ft
07/15/2018 07/15/18 Pending -- -- --
07/13/2018 07/13/18 For Sale $176,000 +0.5% $232 / Sq Ft
06/04/2018 06/04/18 Sold $175,043 -2.7% $231 / Sq Ft
05/05/2018 05/05/18 Pending -- -- --
05/03/2018 05/03/18 For Sale $179,900 0.0% $237 / Sq Ft
12/23/2014 12/23/14 Rented $1,050 0.0% --
12/23/2014 12/23/14 Under Contract -- -- --
12/18/2014 12/18/14 For Rent $1,050 -- --
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 $2,339 $288,628 -- $288,628
2024 $2,339 $288,628 -- $288,628
2023 $2,256 $288,628 $0 $288,628
2022 $1,338 $125,600 $0 $125,600
2021 $1,327 $125,600 $0 $125,600
2020 $1,319 $125,600 $0 $125,600
2019 $1,304 $125,600 $0 $125,600
2018 $1,811 $132,400 $40,000 $92,400
2017 $1,777 $132,400 $40,000 $92,400
2016 $1,767 $132,400 $40,000 $92,400
2015 $1,756 $132,400 $40,000 $92,400
2014 $1,740 $152,400 $60,000 $92,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3766791

Canopy MLS (Canopy Realtor® Association)

APN: 080-204-64