Seller's Agent in 2021
Ralph Harvey
Listwithfreedom.com Inc
(855) 456-4945
2 in this area
11,016 Total Sales
5901 Old Coach Rd Charlotte, NC 28215
Eastway NeighborhoodEstimated Value: $296,000 - $321,000
4
Beds
2
Baths
1,559
Sq Ft
$200/Sq Ft
Est. Value
Highlights
- Corner Lot
- Fireplace
- Tile Flooring
About This Home
As of December 2021Two units! Duplex in all but name and utilities. $30,000 current annual rent revenue. Previously 5 star Airbnb, currently long term tenant rental.
—Upper unit: 3 bed, 1 bath, kitchen, laundry
—Lower unit: 1 bed, 1 bath, kitchen, laundry — ADU (accessory dwelling unit) or mother in law apartment fully permitted with separate entrances and address
—Last sold as 3 bed 1 bath before ADU was permitted (why estimated value is low)
Monthly expected rev. for savvy landlord:
—Current: $2500
—Annual tenants: $2000 min
—Airbnb monthly: $2700 min
—Airbnb short-term: $3700 min
Furniture/appliances available to convey (Airbnb ready)
—Or owner occupy w/ income
DO NOT DISTURB TENANTS! View/video Saturday
Tenants to vacate 60 days post close—Seller to provide $5000 to buyer at close ($4000 rent $1000 deposit to cover 60 days)
Notes
3 gravel parking spots added
Home cleaned weekly
Roof 2018
Electrical panel 2021 - Duke
HVAC checked 2021
Creek rear of house
Last Agent to Sell the Property
Listwithfreedom.com Inc License #304715 Listed on: 12/09/2021
Last Buyer's Agent
Non Member
Canopy Administration
Home Details
Home Type
- Single Family
Year Built
- Built in 1974
Lot Details
- Corner Lot
Interior Spaces
- 2 Full Bathrooms
- Fireplace
- Crawl Space
Flooring
- Laminate
- Tile
Schools
- Briarwood Elementary School
- Garinger High School
Listing and Financial Details
- Assessor Parcel Number 097-109-12
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 9, 2021
Closed on
Dec 22, 2021
Sold by
Simmons Conner Jaren and Simmons Rebekah Vinese
Bought by
Portico Nc Llc
Seller's Agent
Ralph Harvey
Listwithfreedom.com Inc
Buyer's Agent
Non Member
Canopy Administration
List Price
$285,000
Sold Price
$285,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,925
Avg. Annual Appreciation
1.77%
Purchase Details
Listed on
Jul 18, 2020
Closed on
Sep 2, 2020
Sold by
Lyew Rudolph Owen and Lyew Christine Gayle
Bought by
Simmons Conner Jaren and Simmons Rebekah Vinese
Seller's Agent
Cornell Smith
CMS Realty
Buyer's Agent
Vicky Maxey
NorthGroup Real Estate LLC
List Price
$235,000
Sold Price
$190,000
Premium/Discount to List
-$45,000
-19.15%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
39.42%
Original Mortgage
$184,300
Interest Rate
3%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 11, 2018
Sold by
Lyew Rudolph and Lyew Christine
Bought by
Lyew Rudolph Owen and Lyew Christine Gayle
Purchase Details
Closed on
Jan 29, 1996
Sold by
Corpening James N and Williams Cynthia N
Bought by
Lyew Rudolph and Lyew Christine
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Portico Nc Llc | $285,000 | Investors Title | |
| Simmons Conner Jaren | $190,000 | None Available | |
| Lyew Rudolph Owen | -- | None Available | |
| Lyew Rudolph | $65,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Simmons Conner Jaren | $184,300 | |
| Previous Owner | Lyew Rudolph | $80,000 | |
| Previous Owner | Lyew Rudolph | $74,400 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/22/2021 12/22/21 | Sold | $285,000 | 0.0% | $183 / Sq Ft |
| 12/15/2021 12/15/21 | Pending | -- | -- | -- |
| 12/09/2021 12/09/21 | For Sale | $285,000 | +50.0% | $183 / Sq Ft |
| 10/01/2020 10/01/20 | Sold | $190,000 | -4.5% | $131 / Sq Ft |
| 08/05/2020 08/05/20 | Pending | -- | -- | -- |
| 08/03/2020 08/03/20 | Price Changed | $199,000 | -9.5% | $137 / Sq Ft |
| 07/25/2020 07/25/20 | Price Changed | $220,000 | -6.4% | $152 / Sq Ft |
| 07/18/2020 07/18/20 | For Sale | $235,000 | -- | $162 / Sq Ft |
Source: Canopy MLS (Canopy Realtor® Association)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2023 | $2,124 | $270,600 | $54,000 | $216,600 |
| 2022 | $1,757 | $169,100 | $23,400 | $145,700 |
| 2021 | $1,746 | $169,100 | $23,400 | $145,700 |
| 2020 | $1,540 | $148,500 | $26,000 | $122,500 |
| 2019 | $1,525 | $148,500 | $26,000 | $122,500 |
| 2018 | $1,173 | $83,800 | $17,000 | $66,800 |
| 2017 | $1,148 | $83,800 | $17,000 | $66,800 |
| 2016 | $1,138 | $83,800 | $17,000 | $66,800 |
| 2015 | $1,127 | $83,800 | $17,000 | $66,800 |
| 2014 | $1,127 | $82,900 | $17,000 | $65,900 |
Source: Public Records
Agents Affiliated with this Home
-
-
N
Buyer's Agent in 2021
Non Member
NC_CanopyMLS
-
C
Seller's Agent in 2020
Cornell Smith
CMS Realty
(704) 606-3757
1 in this area
11 Total Sales
-
Buyer's Agent in 2020
Vicky Maxey
NorthGroup Real Estate LLC
(704) 743-7409
1 in this area
29 Total Sales
Map
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: CAR3812281
APN: 097-109-12
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