NOT LISTED FOR SALE

616 Oakland Ave Unit 1,2,3,4 Charlotte, NC 28204

Elizabeth Neighborhood

Estimated Value: $254,000 - $307,430

4 Beds
4 Baths
2,861 Sq Ft
$100/Sq Ft Est. Value

Last Sold July 12, 2021

Last sale price $1,100,000 $384 Per Sq Ft

Current estimated payment $1,714/month

Highlights

  • Wood Flooring
  • Myers Park High Rated A
  • Level Lot

About This Home

As of July 2021

616 Oakland Ave located in the Elizabeth Neighborhood on a quiet dead-end street. This classic 4 plex is less than a block to the Streetcar station on Hawthorne Avenue, 2 blocks from the restaurants, breweries, shops in Midwood and just outside of Uptown. Each unit has been completely remodeled. Original refinished hardwoods throughout. Each unit has its own new stackable washer/dryer, hot water heater and all new appliances. Units have newer HVAC, updated electrical, plumbing, windows and doors. New roof 2021.

Last Agent to Sell the Property

Karen Gestwicki

HoneyBee Real Estate License #278067 Listed on: 05/03/2021

Last Buyer's Agent

Peter Rieke

Coldwell Banker Realty License #292618

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1941

Lot Details

  • Level Lot

Interior Spaces

  • 4 Full Bathrooms
  • Insulated Windows
  • Crawl Space

Flooring

  • Wood
  • Tile

Listing and Financial Details

  • Assessor Parcel Number 08021517

Property Details

Home Type

Multi-Family

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Fourplex
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.88000
  • Ratio Close Price By Original Li: 0.88000
  • Ratio Current Price By Acre: 4400000.00
  • Ratio Current Price By Sq Ft: 384.48
  • Year Built: 1941
  • Property Features: Cable Available, Dishwasher, Disposal, Range/Oven, Refrigerator, W/D Connection
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Doors and Windows: g-Insulated Door(s), Insulated Windows
  • Equipment: Cable Prewire, Ceiling Fan(s), Disposal, Dryer, Electric Range, g-Energy Star® Dishwasher, g-Energy Star® Refrigerator, Microwave, Washer
  • Flooring: Tile, Wood
  • Laundry Location: Closet
  • Total Sq Ft: 2861

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard

Garage/Parking

  • Parking: On-Street Parking, Parking Space - 4+

Utilities

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

Condo/Co-op/Association

  • Community Features: Sidewalk

Schools

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

Lot Info

  • Lot Dimension: 50x220x50x220
  • Lot Features: Level
  • Lot Size Area: 0.250
  • Parcel Number: 08021517
  • Plat Book Slide: UOF/425
  • Plat Reference Section Pages: 425
  • Zoning Specification: Res

Tax Info

  • Tax Value: 103000.00
  • Tax Location: Charlotte

Multi Family

  • Unit Count: 4
  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 2, 2022
Sold by
Harilaos Lewis and Harilaos Christina
Bought by
Oakland Lv Llc
Current Estimated Value
$286,858

Purchase Details

Listed on
May 3, 2021
Closed on
Jun 21, 2021
Sold by
Gcc Development Llc
Bought by
Lewis Craig and Vittas Harilaos
Seller's Agent
Karen Gestwicki
HoneyBee Real Estate
Buyer's Agent
Peter Rieke
Coldwell Banker Realty
Sold Price
$1,100,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-27.06%
Original Mortgage
$206,250
Interest Rate
2.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 16, 2020
Sold by
Vansmith Tyler and Smith Carrie Mcgarity
Bought by
Gcc Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,500
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 14, 2016
Sold by
Hayes Holly S and Scoville Holly Michelle
Bought by
Vanvansmith Tyler Van and Smith Carrie Mcgarity

Purchase Details

Closed on
Jun 28, 2001
Sold by
Maris Marcus C
Bought by
Scoville Holly Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,500
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 31, 1997
Sold by
The Conformity Corp
Bought by
Maris Marcus C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,600
Interest Rate
7.39%
Mortgage Type
Purchase Money Mortgage
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
Oakland Lv Llc -- Sodoma Law Pc
Lewis Craig $1,100,000 None Available
Gcc Development Llc $131,500 None Available
Vanvansmith Tyler Van $105,000 None Available
Scoville Holly Michelle $92,500 First American Title
Maris Marcus C $55,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lewis Craig $206,250
Previous Owner Gcc Development Llc $136,500
Previous Owner Scoville Holly Michelle $92,500
Previous Owner Maris Marcus C $58,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/12/2021 07/12/21 Sold $1,100,000 -- $384 / Sq Ft
05/03/2021 05/03/21 Pending -- -- --
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
2025 $2,326 $286,859 -- $286,859
2024 $2,326 $286,859 -- $286,859
2023 $2,243 $286,859 $0 $286,859
2022 $1,588 $151,500 $0 $151,500
2021 $1,108 $103,000 $0 $103,000
2020 $1,101 $103,000 $0 $103,000
2019 $1,086 $103,000 $0 $103,000
2018 $1,286 $92,400 $45,000 $47,400
2017 $1,259 $92,400 $45,000 $47,400
2016 $1,250 $92,400 $45,000 $47,400
2015 $1,238 $92,400 $45,000 $47,400
2014 $1,226 $92,400 $45,000 $47,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3734510

Canopy MLS (Canopy Realtor® Association)

APN: 080-215-17