NOT LISTED FOR SALE

Estimated Value: $3,507,696

1 Bed
0.5 Bath
5,567 Sq Ft
$630/Sq Ft Est. Value

Last Sold April 12, 2019

Last sale price $1,500,000 $269 Per Sq Ft

Est. 134% increase in value since last sale

Current estimated payment $20,094/month

172 Days on Market

Highlights

  • Wood Flooring
  • Tudor Architecture
  • Fireplace
  • Myers Park High Rated A
  • Corner Lot

About This Home

As of April 2019

5500+sqft home located on the corner of Queens and Baxter in Myers Park. This house has been used as an office for the last 30 years. It could be converted back to a single family home or torn and down and developed since lot is zoned R22MF.

Last Agent to Sell the Property

Rusty Gibbs

The Nichols Company License #221131 Listed on: 09/21/2018

Last Buyer's Agent

Non Member

Canopy Administration

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1916

Lot Details

  • Corner Lot

Parking

  • Gravel Driveway

Home Design

  • Tudor Architecture
  • Stucco Exterior

Interior Spaces

  • 0.5 Bathroom
  • Fireplace

Flooring

  • Wood
  • Carpet
  • Tile

Listing and Financial Details

  • Assessor Parcel Number 125-243-27

Home Details

Home Type

Single Family

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story/Basement
  • Architectural Style: Tudor
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Acre: 2782931.35
  • Ratio Current Price By Sq Ft: 269.44
  • Year Built: 1916
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement
  • Upper Level Sq Ft: 1732
  • Half Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 1
  • Equipment: Cable Prewire, Ceiling Fan(s), CO Detector
  • Fireplace Description: Living Room
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Laundry Location: Basement
  • Room Count: 3
  • Sq Ft Basement: 2072
  • Main Level Sq Ft: 1763
  • Total Sq Ft: 5567

Exterior Features

  • Construction: Hard Stucco
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Gravel
  • Parking: Driveway, Parking Space - 4+

Utilities

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

Lot Info

  • Lot Dimension: Irregular
  • Lot Features: Corner Lot
  • Parcel Number: 125-243-27
  • Zoning Specification: R22MF

Tax Info

  • Tax Value: 823300.00
  • Tax Location: Mecklenburg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2018
Closed on
Apr 12, 2019
Sold by
600 Queens Road Llc
Bought by
Frb Investment Real Estate Llc
Seller's Agent
Rusty Gibbs
The Nichols Company
Buyer's Agent
Non Member
Canopy Administration
List Price
$1,500,000
Sold Price
$1,500,000
Current Estimated Value
$3,507,696

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,007,696
Avg. Annual Appreciation
13.33%
Original Mortgage
$1,275,000
Outstanding Balance
$1,120,952
Interest Rate
4.3%
Mortgage Type
Commercial
Estimated Equity
$2,386,744

Purchase Details

Closed on
Sep 25, 2015
Sold by
Kusper Stella
Bought by
Sprock Martin

Purchase Details

Closed on
Nov 10, 2009
Sold by
Wilkins Gail Brinn and Freese Howard L
Bought by
600 Queens Road Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Frb Investment Real Estate Llc $1,500,000 None Available
Sprock Martin $220,000 None Available
600 Queens Road Llc $940,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frb Investment Real Estate Llc $1,275,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/12/2019 04/12/19 Sold $1,500,000 0.0% $269 / Sq Ft
09/21/2018 09/21/18 For Sale $1,500,000 -- $269 / 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 $17,735 $2,342,200 $2,342,100 $100
2024 $17,735 $2,342,200 $2,342,100 $100
2023 $17,180 $2,342,200 $2,342,100 $100
2022 $11,370 $1,178,200 $1,178,100 $100
2021 $11,370 $1,178,200 $1,178,100 $100
2020 $11,370 $1,178,200 $1,178,100 $100
2019 $11,370 $1,178,200 $1,178,100 $100
2018 $10,801 $823,300 $448,900 $374,400
2017 $10,657 $823,300 $448,900 $374,400
2016 $10,657 $823,300 $448,900 $374,400
2015 $10,657 $823,300 $448,900 $374,400
2014 $10,574 $823,300 $448,900 $374,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3435886

Canopy MLS (Canopy Realtor® Association)

APN: 125-243-27