NOT LISTED FOR SALE

Estimated Value: $224,000 - $269,000

3 Beds
2.5 Baths
1,337 Sq Ft
$190/mo HOA Fee

Last Sold May 18, 2021

Last sale price $177,000 $132 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $1,759/month

74 Days on Market

Highlights

  • Traditional Architecture
  • Community Pool
  • Breakfast Bar
  • Lawn
  • Fireplace
  • Level Lot

About This Home

As of May 2021

This is a great INVESTMENT opportunity! Popular Davis Lake/University Area location. Two story townhome with back patio, breakfast area, and three bedrooms upstairs. Lawn Care Included!!!! Active lease with tenant in place lease end date 10/31/21 DO NOT DISTURB TENANT. NO SHOWINGS UNTIL ACCEPTED OFFER. The pics provided are from 1/15/19 walls and trim freshly painted before current tenant move in.

Last Agent to Sell the Property

Michael Harman

Tierra Bella Realty Inc. License #289020 Listed on: 02/01/2021

Last Buyer's Agent

Naga Nalla

Ram Realty LLC License #306557

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2005

Lot Details

  • Lawn

HOA Fees

  • $190 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • Fireplace
  • Vinyl Flooring
  • Breakfast Bar

Listing and Financial Details

  • Assessor Parcel Number 043-154-38

Community Details

Overview

  • Cedar Management Association

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Year Built

Built in 2005

Lot Details

0

HOA Fees

$190 per month

Listing Details

  • Property Type: Condo/Townhouse
  • Property Sub Type: 2 Story
  • Architectural Style: Traditional
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.95676
  • Ratio Close Price By Original Li: 1.04118
  • Ratio Current Price By Acre: 5900000.00
  • Ratio Current Price By Sq Ft: 132.39
  • Unit Floor Level: 1
  • Year Built: 2005
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Concrete, Slab
  • Upper Level Sq Ft: 727
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Entry Level: Main
  • Equipment: CO Detector, Dishwasher, Electric Oven, Electric Dryer Hookup, Electric Range, Microwave, Refrigerator
  • Fireplace Description: Gas Unvented
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Breakfast Bar
  • Laundry Location: Upper
  • Room Count: 2
  • Main Level Sq Ft: 610
  • Total Sq Ft: 1337

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built
  • Exterior Features: Lawn Maintenance

Garage/Parking

  • Driveway: Asphalt
  • Parking: Assigned Parking Space - 2, Parking Space - 2

Utilities

  • Heating: Gas Hot Air Furnace
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Community Features: Outdoor Pool
  • Association Fee: 190.00
  • Association Fee Frequency: Monthly
  • Complex Name: Villages At Avonlea
  • HOA Management Company: Cedar Management
  • Hoa Subject To Dues: Mandatory

Schools

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

Lot Info

  • Land Included Yn: Yes
  • Lot Features: Level
  • Lot Size Area: 0.030
  • Parcel Number: 043-154-38
  • Zoning Specification: R8MFCD

Tax Info

  • Tax Value: 145100.00
  • Tax Location: Charlotte

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2021
Closed on
May 17, 2021
Sold by
Morrison Dorothy
Bought by
Amara Raja Sriteja
Seller's Agent
Michael Harman
Tierra Bella Realty Inc.
Buyer's Agent
Naga Nalla
Ram Realty LLC
List Price
$185,000
Sold Price
$177,000
Premium/Discount to List
-$8,000
-4.32%
Current Estimated Value
$256,499

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,499
Avg. Annual Appreciation
9.05%
Original Mortgage
$132,750
Outstanding Balance
$120,560
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$135,939

Purchase Details

Closed on
Sep 14, 2005
Sold by
Westfield Homes Of The Carolinas Llc
Bought by
Morrison Dorothy
Source: Public Records

Range of Values:

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Average Value
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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
Amara Raja Sriteja $177,000 None Available
Morrison Dorothy $113,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Amara Raja Sriteja $132,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/18/2021 05/18/21 Sold $177,000 -4.3% $132 / Sq Ft
04/16/2021 04/16/21 Pending -- -- --
04/05/2021 04/05/21 For Sale $185,000 +4.5% $138 / Sq Ft
04/02/2021 04/02/21 Off Market $177,000 -- --
02/01/2021 02/01/21 Pending -- -- --
02/01/2021 02/01/21 For Sale $170,000 0.0% $127 / Sq Ft
01/25/2019 01/25/19 Rented $1,275 0.0% --
07/27/2018 07/27/18 Price Changed $1,275 -1.9% $1 / Sq Ft
05/18/2018 05/18/18 For Rent $1,300 +30.7% --
04/15/2013 04/15/13 Rented $995 0.0% --
03/16/2013 03/16/13 Under Contract -- -- --
02/18/2013 02/18/13 For Rent $995 +4.7% --
02/22/2012 02/22/12 Rented $950 -2.6% --
02/22/2012 02/22/12 For Rent $975 -- --
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 $2,053 $264,600 $60,000 $204,600
2023 $1,985 $264,600 $60,000 $204,600
2022 $1,440 $145,100 $26,000 $119,100
2021 $1,440 $145,100 $26,000 $119,100
2020 $1,440 $145,100 $26,000 $119,100
2019 $1,434 $145,100 $26,000 $119,100
2018 $1,384 $103,400 $18,000 $85,400
2017 $1,362 $103,400 $18,000 $85,400
2016 $1,359 $103,400 $18,000 $85,400
2015 $1,355 $103,400 $18,000 $85,400
2014 $1,367 $123,100 $20,000 $103,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3704255

Canopy MLS (Canopy Realtor® Association)

APN: 043-154-38