NOT LISTED FOR SALE

Estimated Value: $519,492 - $791,000

6 Beds
4 Baths
2,876 Sq Ft
$241/Sq Ft Est. Value

Sale Details

Date Sold: August 18, 2016

Last sale price $230,500 $80 Per Sq Ft

Est. 201% increase in value since last sale

Current estimated payment $4,117 / mo

3 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • 2 Detached Carport Spaces
  • East Mecklenburg High Rated A-
  • Laundry Room
  • Forced Air Heating System

About This Home

As of August 2016

Great investment opportunity close to Uptown Charlotte! Live in one side and produce income from the other side. Large units with 2 full baths each. Covered carport with separate storage areas. Large rear yard. Plenty of parking. Sold in as-is condition. No more showings. Multiple offers received.

Last Agent to Sell the Property

Cullen McNulty

Keller Williams Ballantyne Area Brokerage Email: cullen@davidhoffmangroup.com Listed on: 06/24/2016

Co-Listed By

David Hoffman

David Hoffman Realty Charlotte Brokerage Email: cullen@davidhoffmangroup.com License #61641

Last Buyer's Agent

Michael Busbin

Geoff Campbell Realty Inc License #88052

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1975

Lot Details

  • 22,651 Sq Ft Lot
  • Lot Dimensions are 115x174x147x172

Home Design

  • Duplex
  • Slab Foundation
  • Composition Roof
  • Wood Siding
  • Rough-Sawn Siding

Interior Spaces

  • 2,876 Sq Ft Home
  • Ceiling Fan
  • Living Room with Fireplace
  • Crawl Space
  • Pull Down Stairs to Attic

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Washer and Dryer Hookup

Parking

  • 2 Detached Carport Spaces
  • 4 Open Parking Spaces

Schools

  • Rama Road Elementary School
  • Mcclintock Middle School
  • East Mecklenburg High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Stonehaven Subdivision

Listing and Financial Details

  • The owner pays for all utilities
  • Assessor Parcel Number 185-153-09

Property Details

Home Type

Multi-Family

Year Built

Built in 1975

Lot Details

0.52 Acres

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Year Built: 1975
  • Road Surface Type: Concrete
  • ResoPropertyType: ResidentialIncome
  • Attribution Contact: cullen@davidhoffmangroup.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space, Slab
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Attic Stairs Pulldown, Cable Prewire
  • Sq Ft Unheated Basement: 0
  • Appliances: Dishwasher, Electric Oven, Electric Range, Gas Water Heater, Microwave, Oven, Refrigerator
  • Owner Pays: All Utilities
  • Full Bathrooms: 4
  • Total Bedrooms: 6
  • Fireplace Features: Living Room, Other - See Remarks
  • Living Area: 2876

Exterior Features

  • New Construction: No
  • Roof: Composition
  • Construction Type: Site Built
  • Construction Type: Rough Sawn, Wood

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Spaces: 2
  • Carport Y N: Yes
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Parking Features: Carport, Parking Space(s)

Utilities

  • Heating: Central, Forced Air, Natural Gas
  • Sewer: Public Sewer
  • Laundry Features: Dryer Hookup, Laundry Closet, Main Level, Washer Hookup
  • Cooling: Ceiling Fan(s)
  • Utilities: Cable Available
  • Water Source: City

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 185-153-09
  • Plat Reference Section Pages: 792
  • Lot Size Acres: 0.52
  • Lot Size: 115x174x147x172
  • Lot Size Sq Ft: 22651
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R3

Rental Info

  • Tenant Pays: None
  • Pets Allowed: Yes

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Rama Road
  • High School: East Mecklenburg

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2016
Closed on
Aug 18, 2016
Sold by
Bought by
Seller's Agent
Cullen McNulty
Keller Williams Ballantyne Area
Buyer's Agent
Michael Busbin
Geoff Campbell Realty Inc
List Price
$200,000
Sold Price
$230,500
Premium/Discount to List
$30,500
15.25%
Current Estimated Value
$694,497

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$463,997
Avg. Annual Appreciation
11.65%
Original Mortgage
$184,000
Outstanding Balance
$143,032
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$551,465

Purchase Details

Closed on
Dec 2, 2005
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$230,500 Harbor City Title Ins Agency
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $184,000
Previous Owner $67,500
Previous Owner $168,600
Previous Owner $150,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/18/2016 08/18/16 Sold $230,500 +15.3% $80 / Sq Ft
06/27/2016 06/27/16 Pending -- -- --
06/24/2016 06/24/16 For Sale $200,000 -- $70 / Sq Ft
Source: Canopy MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,602 $435,100 $255,000 $180,100
2024 $3,602 $435,100 $255,000 $180,100
2023 $3,466 $542,200 $255,000 $287,200
2022 $3,466 $333,100 $148,800 $184,300
2021 $3,443 $333,100 $148,800 $184,300
2020 $3,429 $333,100 $148,800 $184,300
2019 $3,398 $425,700 $148,800 $276,900
2018 $3,664 $268,100 $67,700 $200,400
2017 $3,596 $268,100 $67,700 $200,400
2016 $3,577 $268,100 $67,700 $200,400
2015 $3,554 $268,100 $67,700 $200,400
2014 $3,521 $0 $0 $0
Source: Public Records

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Map

Source: Canopy MLS

MLS Number: 3190854

Canopy MLS

APN: 185-153-09

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