NOT LISTED FOR SALE

Estimated Value: $547,083

0.52 Acre
$1,052,083 Price per Acre
22,651 Sq Ft Lot

Last Sold September 27, 2021

Last sale price $170,000

Est. 222% increase in value since last sale

Current estimated payment $3,204/month

100 Days on Market

About This Lot

As of September 2021

Corner lot zoned O1-CD ready for new owner/opportunities. Small single family residence on-site given no value nor consideration. Per City, home is on well and septic neither of which has been tested for use or functionality. Electricity is on-site yet home is without overhead lights/lamps. Improvements sold "as-is" with seller to make no repairs. Charlotte East Language Academy, a magnet K-8 school, is across the street. Property is in close proximity to old Eastland Mall, slated for mixed-use redevelopment, and is just a short drive from uptown Charlotte. Showing/Viewing of home allowed for all confirmed appointments if desired, no lights are operable (tour daylight hours only) and please proceed with caution especially at steps into garage area. Call listing agent with any questions.

Last Agent to Sell the Property

Steve Bueche

Coldwell Banker Realty License #199775 Listed on: 04/14/2021

Coldwell Banker Realty

Last Buyer's Agent

Kevin Brown

Charlotte Living Realty License #273423

Property Details

Property Type

  • Land

Year Built

  • 1963

Lot Details

  • Corner Lot
  • Level Lot

Home Design

  • Slab Foundation

Basement

  • Crawl Space

Listing and Financial Details

  • Assessor Parcel Number 103-112-18

Property Details

Property Type

Land

Year Built

1963

Lot Details

0

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Lot
  • Ratio Close Price By List Price: 0.83538
  • Ratio Close Price By Original Li: 0.83538
  • Ratio Current Price By Acre: 321969.70
  • Restrictions: No Representation
  • Habitable Residence Yn: Yes
  • Special Features: None
  • Year Built (Public Record): 1963

Interior Features

  • Foundation Details: Crawl Space, Slab

Exterior Features

  • Construction Type: Site Built

Utilities

  • Water: Well Installed

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Independence

Lot Info

  • Lot Dimension: 107' X 200' X 100' X 200'
  • Lot Features: Corner Lot, Level, Paved Frontage
  • Lot Size Area: 0.528
  • Parcel Number: 103-112-18
  • Zoning Specification: O1CD

Tax Info

  • Tax Value: 154100.00
  • Tax Location: Charlotte

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 18, 2023
Sold by
Ke Development Nc Llc
Bought by
Eastland Rising Llc
Total Days on Market
100
Current Estimated Value
$547,083

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,100,735
Outstanding Balance
$3,032,087
Interest Rate
6.73%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 13, 2023
Sold by
K2 Development Nc Llc
Bought by
Eastland Rising Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,100,735
Outstanding Balance
$3,032,087
Interest Rate
6.73%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Apr 14, 2021
Closed on
Sep 22, 2021
Sold by
American Retirement Corporation
Bought by
K2 Development Nc Llc
Seller's Agent
Steve Bueche
Coldwell Banker Realty
Buyer's Agent
Kevin Brown
Charlotte Living Realty
List Price
$203,500
Sold Price
$170,000
Premium/Discount to List
-$33,500
-16.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 17, 2003
Sold by
Eldon Corp
Bought by
Chickering Irene J

Purchase Details

Closed on
Nov 11, 2003
Sold by
Chickering Irene J
Bought by
American Retirement Corp

Purchase Details

Closed on
Sep 6, 2001
Sold by
Chickering Mark J
Bought by
Eldon Corp
Source: Public Records

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Range of Values:

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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
Eastland Rising Llc -- None Listed On Document
Eastland Rising Llc $650,000 None Listed On Document
K2 Development Nc Llc $170,000 None Available
Chickering Irene J $70,000 --
American Retirement Corp -- --
Eldon Corp $55,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eastland Rising Llc $3,100,735
Previous Owner K2 Development Nc Llc $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2021 09/27/21 Sold $170,000 -16.5% --
07/23/2021 07/23/21 Pending -- -- --
04/14/2021 04/14/21 For Sale $203,500 -- --
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
2023 $1,598 $198,900 $185,800 $13,100
2022 $1,613 $154,100 $146,600 $7,500
2021 $1,602 $154,100 $146,600 $7,500
2020 $1,594 $154,100 $146,600 $7,500
2019 $1,579 $154,100 $146,600 $7,500
2018 $1,647 $119,900 $115,000 $4,900
2017 $1,615 $119,900 $115,000 $4,900
2016 $1,605 $119,900 $115,000 $4,900
2015 $1,594 $119,900 $115,000 $4,900
2014 $1,602 $119,900 $115,000 $4,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3728587

Canopy MLS (Canopy Realtor® Association)

APN: 103-112-18