NOT LISTED FOR SALE

Estimated Value: $3,769,760 - $4,586,000

5 Beds
5.5 Baths
5,013 Sq Ft
$838/Sq Ft Est. Value

Last Sold August 02, 2018

Last sale price $2,725,000 $544 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $24,724/month

119 Days on Market

Highlights

  • In Ground Pool
  • Traditional Architecture
  • Circular Driveway
  • Myers Park High Rated A
  • Wood Flooring
  • Fireplace

About This Home

As of August 2018

Spectacular home beautifully situated on 1/2 acre lot in Eastover. Thoughtfully renovated and designed. Foyer opens to side stairwell with iron railing. Large formal rooms, private study with lacquered walls, cozy den, open gorgeous kitchen and vaulted family room overlooking private courtyard pool. Scullery with washer, dryer and 2nd kitchen, gorgeous wet bar, family office, downstairs master suite with french doors to pool. 3 fireplaces. Attached 2 car garage. Upstairs 2nd master suite with marble bath, french doors overlooking pool, large closet. Bedroom 3 has separate study nook, separate vanity and jack and jill bath to large 4th bedroom. 5th bedroom with built in bunks and dual vanity ensuite bath. Home is beautifully appointed with designer wallpapers and fixtures. New gas water heater, 3 hvac systems, new security system with cameras, new electrical. This is a very special house loaded with charm and character.

Last Agent to Sell the Property

Tracey Cook

COMPASS License #202458 Listed on: 03/20/2018

COMPASS

Last Buyer's Agent

Heather Gibbs

Corcoran HM Properties License #295336

Corcoran HM Properties

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1951

Lot Details

  • 0.49

Parking

  • Attached Garage
  • Circular Driveway

Home Design

  • Traditional Architecture

Interior Spaces

  • Fireplace
  • Pull Down Stairs to Attic
  • Oven

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet

Pool

  • In Ground Pool

Listing and Financial Details

  • Assessor Parcel Number 155-092-06

Home Details

Home Type

Single Family

Year Built

Built in 1951

Lot Details

0

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story/Basement
  • Architectural Style: Traditional
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.90864
  • Ratio Close Price By Original Li: 0.80265
  • Ratio Current Price By Acre: 5561224.49
  • Ratio Current Price By Sq Ft: 543.59
  • Year Built: 1951
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement
  • Upper Level Sq Ft: 1753
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bathrooms: 6.00
  • Total Bedrooms: 5
  • Equipment: Cooktop Gas, Dishwasher, Double Oven, Freezer, Network Ready, Oven, Exhaust Hood, Refrigerator, Security System
  • Fireplace Description: Den, Great Room, Living Room
  • Fireplace: Yes
  • Fixture Exception Description: domes in great room, upstairs landing fixture
  • Fixture Exception Yn: Yes
  • Flooring: Tile, Wood
  • Interior Amenities: Attic Stairs Pulldown, Built-Ins, Vaulted Ceiling, Walk-In Closet(s)
  • Laundry Location: Main, Upper
  • Room Count: 2
  • Main Level Sq Ft: 3260
  • Total Sq Ft: 5013

Exterior Features

  • Construction: Hard Stucco
  • Construction Type: Site Built
  • Exterior Features: Pool-In-Ground
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Circular
  • Parking: Attached Garage, Garage - 2 Car

Utilities

  • Heating: Central Air, Gas Hot Air Furnace, Multizone A/C, MultiZone Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Gas

Schools

  • Elementary School: Eastover
  • Middle School: Unspecified
  • High School: Myers Park

Lot Info

  • Lot Dimension: 110x204x100x203
  • Lot Size Area: 0.490
  • Parcel Number: 155-092-06
  • Zoning Specification: R3

Tax Info

  • Tax Value: 1389400.00
  • Tax Location: Charlotte

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2018
Closed on
Jul 27, 2018
Sold by
Holleman William T and Holleman Alexandra B
Bought by
Sabath Rick Joseph and Sabath Susan Mary
Seller's Agent
Tracey Cook
COMPASS
Buyer's Agent
Heather Gibbs
Corcoran HM Properties
List Price
$3,395,000
Sold Price
$2,725,000
Premium/Discount to List
-$670,000
-19.73%
Current Estimated Value
$4,152,185

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,427,185
Avg. Annual Appreciation
5.31%
Original Mortgage
$731,000
Outstanding Balance
$643,969
Interest Rate
4.5%
Mortgage Type
Unknown
Estimated Equity
$3,274,690

Purchase Details

Closed on
Aug 3, 2015
Sold by
Palermo Michael and Palermo Joy
Bought by
Holleman Willian T and Holleman Alexandra B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 26, 2010
Sold by
Mansfield Todd W and Mansfield Kathleen M
Bought by
Palermo Michael and Palermo Joy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 16, 2007
Sold by
Wtp L C
Bought by
Mansfield Todd W and Mansfield Kathleen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,468,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 16, 2004
Sold by
Durham Harold Lee and Durham Ginni S
Bought by
Wtp Lc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,096,500
Interest Rate
5.54%
Mortgage Type
Purchase Money Mortgage
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
Sabath Rick Joseph $225,000 Master Title Agency
Holleman Willian T $2,825,000 Master Title Agency Llc
Palermo Michael $1,075,000 None Available
Mansfield Todd W $1,835,000 None Available
Wtp Lc $1,290,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reid H Harbin & Miller Llc $731,000
Closed Reid H Harbin Llc $150,000
Open Sabath Rick Joseph $1,200,000
Previous Owner Holleman William T $1,100,000
Previous Owner Holleman William T $450,000
Previous Owner Holleman Willian T $650,000
Previous Owner Palermo Michael $200,000
Previous Owner Palermo Michael $756,000
Previous Owner Palermo Michlael $749,000
Previous Owner Palermo Michael $750,000
Previous Owner Mansfield Todd W $1,468,000
Previous Owner Wtp Lc $1,096,500
Previous Owner Durham H Lee $250,000
Previous Owner Durham H Lee $150,000
Previous Owner Durham Harold Lee $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2018 08/02/18 Sold $2,725,000 -9.1% $544 / Sq Ft
07/17/2018 07/17/18 Pending -- -- --
06/28/2018 06/28/18 Price Changed $2,999,000 -6.1% $598 / Sq Ft
04/23/2018 04/23/18 Price Changed $3,195,000 -5.9% $637 / Sq Ft
03/20/2018 03/20/18 For Sale $3,395,000 -- $677 / 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
2023 $23,894 $3,086,500 $1,320,000 $1,766,500
2022 $23,894 $2,463,000 $1,016,400 $1,446,600
2021 $23,768 $2,463,000 $1,016,400 $1,446,600
2020 $23,768 $2,463,000 $1,016,400 $1,446,600
2019 $23,860 $2,463,000 $1,016,400 $1,446,600
2018 $18,301 $1,389,400 $738,700 $650,700
2017 $18,047 $1,389,400 $738,700 $650,700
2016 $18,038 $1,389,400 $738,700 $650,700
2015 -- $1,389,400 $738,700 $650,700
2014 $17,907 $1,389,400 $738,700 $650,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3370846

Canopy MLS (Canopy Realtor® Association)

APN: 155-092-06