NOT LISTED FOR SALE

701 E Charlotte Ave Mount Holly, NC 28120

Estimated Value: $299,000

2 Beds
1.5 Baths
1,771 Sq Ft
$169/Sq Ft Est. Value

Last Sold June 16, 2021

Last sale price $199,000 $112 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $1,670/month

45 Days on Market

About This Home

As of June 2021

Multi Parcel Sale Parcels 123496, 123495, 123500 and 123498 combine to offer 1 acre of B-1 zoned land and buildings. Existing Home last used as an office. Additional block building last used as hair salon. 2 car garage.
This is a diamond in the rough. Within Mt Holly's River Street District. Residential living permitted. Check with city of Mt Holly for exact uses permitted on commercial properties.
Residential use permitted but please check with City of Mt Holly prior to making offer.

Last Agent to Sell the Property

Bob Smith

Granite Real Estate Investments, LLC License #157367 Listed on: 02/22/2021

Last Buyer's Agent

Non Member

Canopy Administration

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1916

Lot Details

  • 1

Home Design

  • Ranch Style House
  • Vinyl Siding

Additional Features

  • Crawl Space

Listing and Financial Details

  • Assessor Parcel Number 123496

Home Details

Home Type

Single Family

Year Built

Built in 1916

Lot Details

1 Acres

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Ranch
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 0.76834
  • Ratio Current Price By Acre: 199000.00
  • Ratio Current Price By Sq Ft: 112.37
  • Year Built: 1916
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • Laundry Location: Utility Room
  • Room Count: 1
  • Sq Ft Additional: 560
  • Main Level Sq Ft: 1771
  • Total Sq Ft: 1771

Exterior Features

  • Construction: Concrete Block, Vinyl
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Asphalt
  • Parking: Detached Garage

Utilities

  • Heating: Heat Pump - AC
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Lot Info

  • Parcel Number: 123496
  • Zoning Specification: B1 Condi

Tax Info

  • Tax Value: 125370.00
  • Tax Location: Mt Holly

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2021
Closed on
Jun 15, 2021
Sold by
Smith Elwood and Smith Aurellura
Bought by
701 East Charlotte Ave Llc
Seller's Agent
Bob Smith
Granite Real Estate Investments, LLC
Buyer's Agent
Non Member
Canopy Administration
List Price
$259,000
Sold Price
$199,000
Premium/Discount to List
-$60,000
-23.17%
Current Estimated Value
$299,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,000
Original Mortgage
$159,200
Outstanding Balance
$144,136
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Sep 1, 1992
Bought by
Smith Elwood and Smith Aurellura
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
701 East Charlotte Ave Llc $199,000 Urban Title
Smith Elwood $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 701 East Charlotte Ave Llc $159,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/16/2021 06/16/21 Sold $199,000 0.0% $112 / Sq Ft
04/08/2021 04/08/21 Pending -- -- --
03/30/2021 03/30/21 Price Changed $199,000 -23.2% $112 / Sq Ft
02/22/2021 02/22/21 For Sale $259,000 -- $146 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $1,368 $136,250 $58,810 $77,440
2024 $1,368 $136,250 $58,810 $77,440
2023 $1,383 $136,250 $58,810 $77,440
2022 $1,569 $121,140 $58,810 $62,330
2021 $1,649 $125,370 $58,810 $66,560
2020 $1,649 $125,370 $58,810 $66,560
2019 $1,661 $125,370 $58,810 $66,560
2018 $1,569 $112,036 $49,005 $63,031
2017 $1,569 $112,036 $49,005 $63,031
2016 $975 $112,036 $0 $0
2014 $957 $110,027 $43,124 $66,903
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3711236

Canopy MLS (Canopy Realtor® Association)

APN: 123496

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