NOT LISTED FOR SALE

Estimated Value: $623,000 - $957,000

5 Beds
4 Baths
2,480 Sq Ft
$300/Sq Ft Est. Value

Last Sold August 05, 2016

Last sale price $287,000 $116 Per Sq Ft

Est. 159% increase in value since last sale

Current estimated payment $4,440/month

31 Days on Market

Highlights

  • Corner Lot
  • Fireplace
  • Tile Flooring
  • East Mecklenburg High Rated A-
  • Attached Garage
  • Storm Doors

About This Home

As of August 2016

Fantastic duplex. These units rent quickly and cash flow well. They are well located and provide a low maintenance investment opportunity. Each side has a kitchen open to a breakfast /sitting rooms, laundry/ mudroom, attached garage and back decks. This is on a large corner lot with room to expand one home if desired. Large closets, walk-in attics provide wonderful storage. Convenient location only fifteen minutes to uptown and ten minutes to South Park. Hard to find south Charlotte investment.

Last Agent to Sell the Property

marcelo halpern

Geoff Campbell Realty Inc License #81093 Listed on: 05/22/2016

Last Buyer's Agent

Krista Cutler

NorthGroup Real Estate LLC License #248600

NorthGroup Real Estate LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1986

Lot Details

  • Corner Lot
  • Level Lot

Parking

  • Attached Garage

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • Fireplace
  • Crawl Space
  • Storm Doors

Flooring

  • Tile
  • Vinyl

Listing and Financial Details

  • Tenant pays for all except water
  • Rent includes exterior maintenance, sewer, water
  • Assessor Parcel Number 189-055-22

Property Details

Home Type

Multi-Family

Year Built

Built in 1986

Lot Details

0

Parking

1

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.96633
  • Ratio Close Price By Original Li: 0.96633
  • Ratio Current Price By Acre: 531481.48
  • Ratio Current Price By Sq Ft: 115.73
  • Year Built: 1986
  • Property Features: Attic Walk-in, Cable Available, Dishwasher, Disposal, Fireplace, Range/Oven, Refrigerator, W/D Connection
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Doors and Windows: Storm Door(s)
  • Equipment: Cable Prewire, CO Detector, Cooktop Electric, Dishwasher, Disposal, Electric Dryer Hookup, Microwave
  • Fireplace Description: Living Room
  • Fireplace: Yes
  • Flooring: Tile, Vinyl, Carpet
  • Laundry Location: Main
  • Sq Ft Additional: 760
  • Total Sq Ft: 2480

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Garage - 1 Car, Garage - 2 Car

Utilities

  • Heating: Central Air, Gas Hot Air Furnace
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Schools

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

Lot Info

  • Lot Dimension: .54 acres
  • Lot Features: Corner Lot, Level
  • Lot Size Area: 0.540
  • Parcel Number: 189-055-22
  • Plat Book Slide: S920
  • Plat Reference Section Pages: 23138-66
  • Zoning: Duplex
  • Zoning Specification: R3

Rental Info

  • Rent Includes: Exterior Maintenance, Sewer, Water
  • Tenant Pays: All except water

Tax Info

  • Tax Value: 205500.00
  • Tax Location: Charlotte

Multi Family

  • Unit Count: 2
  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2016
Closed on
Aug 5, 2016
Sold by
Crescent Partners Llc
Bought by
Gardas Michelle L
Seller's Agent
marcelo halpern
Geoff Campbell Realty Inc
Buyer's Agent
Krista Cutler
NorthGroup Real Estate LLC
List Price
$297,000
Sold Price
$287,000
Premium/Discount to List
-$10,000
-3.37%
Current Estimated Value
$744,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$457,000
Avg. Annual Appreciation
11.07%
Original Mortgage
$281,801
Outstanding Balance
$226,028
Interest Rate
3.56%
Mortgage Type
FHA
Estimated Equity
$517,972

Purchase Details

Closed on
Nov 28, 2007
Sold by
Kale Julia N and Kale Walter W
Bought by
Crescent Partners Llc
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
Gardas Michelle L $287,000 None Available
Crescent Partners Llc $200,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gardas Michelle L $140,000
Open Gardas Michelle L $281,801
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2016 08/05/16 Sold $287,000 -3.4% $116 / Sq Ft
06/22/2016 06/22/16 Pending -- -- --
05/22/2016 05/22/16 For Sale $297,000 -- $120 / Sq Ft
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
2024 $4,648 $573,300 $103,500 $469,800
2023 $4,483 $573,300 $103,500 $469,800
2022 $3,417 $328,100 $100,000 $228,100
2021 $3,395 $328,100 $100,000 $228,100
2020 $3,380 $328,100 $100,000 $228,100
2019 $3,349 $328,100 $100,000 $228,100
2018 $2,843 $205,500 $61,800 $143,700
2017 $2,786 $205,500 $61,800 $143,700
2016 $2,767 $205,500 $61,800 $143,700
2015 $2,744 $178,700 $55,600 $123,100
2014 $2,717 $215,800 $61,800 $154,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3179902

Canopy MLS (Canopy Realtor® Association)

APN: 189-055-22