NOT LISTED FOR SALE

Estimated Value: $278,000 - $339,000

1 Bed
1 Bath
927 Sq Ft
$290/mo HOA Fee

Last Sold June 12, 2023

Last sale price $305,000 $329 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,107/month

1 Day on Market

Highlights

  • Open Floorplan
  • Elevator
  • Skylights
  • Myers Park High Rated A
  • Balcony
  • Laundry Room

About This Home

As of June 2023

Top floor Studio Loft with Amazing Views of Charlotte Skyline! This Condo features modern industrial style with an open floor plan and open balcony to take in the beautiful city life. Lots of natural day light from the large window wall, and skylight! Finished concrete floors, full brick walls, and tall ceilings are sure to impress. Full kitchen with large refrigerator, electric cooktop and wall mounted microwave. Lots of space to sit at the kitchen peninsula and plenty of storage in cabinets.

Last Agent to Sell the Property

Steven Szasz

ProStead Realty Brokerage Email: steve@stevesellscharlotte.com License #118779 Listed on: 05/06/2023

ProStead Realty

Last Buyer's Agent

Robin Nitsche

Premier Sotheby's International Realty License #291504

Premier Sotheby's International Realty

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2001

Lot Details

  • 4,356

HOA Fees

  • $290 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Entry on the 7th floor
  • Four Sided Brick Exterior Elevation
  • Stucco

Interior Spaces

  • 1 Full Bathroom
  • 927 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Skylights
  • Concrete Flooring
  • Laundry Room

Kitchen

  • Electric Cooktop
  • Microwave
  • Dishwasher

Outdoor Features

  • Balcony

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 078-125-60

Community Details

Overview

  • Meca Association, Phone Number (704) 971-6506
  • Gateway Lofts Condos
  • Gateway Lofts Subdivision
  • Mandatory home owners association

Amenities

  • Elevator

Property Details

Home Type

Condominium

Year Built

Built in 2001

Lot Details

0

HOA Fees

$290 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 2001
  • Road Surface Type: Concrete
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 329.02
  • Property Sub Type Additional: Studio
  • Geocode Confidence: High
  • Attribution Contact: steve@stevesellscharlotte.com
  • Special Features: None

Interior Features

  • Foundation Details: Other - See Remarks
  • Entry Level: 7
  • Fireplace: No
  • Flooring: Concrete
  • Interior Amenities: Open Floorplan
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 927
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Electric Cooktop, Microwave, Refrigerator
  • Above Grade Finished Sq Ft: 927
  • Basement YN: No
  • Full Bathrooms: 1
  • Living Area: 927
  • Window Features: Skylight(s)
  • Bedroom Main: 0

Exterior Features

  • New Construction: No
  • Construction Type: Site Built
  • Construction Type: Brick Full, Glass, Hard Stucco
  • Patio And Porch Features: Balcony

Garage/Parking

  • Main Level Garage YN: 1
  • Carport Y N: No
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Assigned, Parking Deck, Parking Garage

Utilities

  • Heating: Central
  • Sewer: Public Sewer
  • Laundry Features: In Hall, In Unit
  • Cooling: Central Air
  • Utilities: Cable Connected
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Elevator, Sidewalks, Street Lights
  • Association Fee: 290
  • Association Fee Frequency: Monthly
  • Hoa Subject To Dues: Mandatory
  • Complex Name: Gateway Lofts
  • Senior Community: No
  • Association Name: MECA
  • Phone: 704-971-6506
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Association Annual Expense: 3480.00

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: Required

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 078-125-60
  • Zoning: UMUD
  • Land Included Yn: 0
  • ResoLotSizeUnits: Acres
  • Zoning Specification: UMUD

Rental Info

  • Pets Allowed: Yes

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2018
Closed on
May 31, 2018
Sold by
Bms Invetsments Propoertie S
Bought by
Eller David
Seller's Agent
Cherie Burris
RE/MAX Executive
Buyer's Agent
Lilliah Moseley
Redfin Corporation
List Price
$250,000
Sold Price
$245,000
Premium/Discount to List
-$5,000
-2%
Current Estimated Value
$309,965

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,965
Avg. Annual Appreciation
3.14%
Original Mortgage
$196,000
Outstanding Balance
$169,124
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$140,841

Purchase Details

Closed on
Feb 13, 2018
Sold by
Wilson Andrew
Bought by
Bms Investments Properties

Purchase Details

Closed on
Jun 29, 2004
Sold by
Irwin Scott
Bought by
Wilson Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,000
Interest Rate
7.49%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 26, 2002
Sold by
Gateway Lofts Llc
Bought by
Irwin Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,725
Interest Rate
6.85%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Eller David $245,000 None Available
Bms Investments Properties -- None Available
Wilson Andrew $222,500 American Title Co
Irwin Scott $175,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eller David $196,000
Previous Owner Wilson Andrew $178,000
Previous Owner Irwin Scott $166,725
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/12/2023 06/12/23 Sold $305,000 +7.0% $329 / Sq Ft
05/08/2023 05/08/23 Pending -- -- --
05/06/2023 05/06/23 For Sale $285,000 0.0% $307 / Sq Ft
08/03/2020 08/03/20 Rented $1,395 0.0% --
07/22/2020 07/22/20 Price Changed $1,395 -6.7% $2 / Sq Ft
06/19/2020 06/19/20 For Rent $1,495 0.0% --
05/31/2018 05/31/18 Sold $245,000 -2.0% $292 / Sq Ft View Prior Sale
04/30/2018 04/30/18 Pending -- -- --
04/26/2018 04/26/18 For Sale $250,000 -- $298 / 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
2025 $2,367 $279,603 -- $279,603
2024 $2,367 $279,603 -- $279,603
2023 $2,287 $279,603 $0 $279,603
2022 $2,524 $239,500 $0 $239,500
2021 $2,513 $239,500 $0 $239,500
2020 $2,505 $239,500 $0 $239,500
2019 $2,522 $239,500 $0 $239,500
2018 $2,656 $189,600 $75,000 $114,600
2017 $2,593 $189,600 $75,000 $114,600
2016 $2,584 $189,600 $75,000 $114,600
2015 $2,572 $189,600 $75,000 $114,600
2014 $2,550 $189,600 $75,000 $114,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4024936

Canopy MLS (Canopy Realtor® Association)

APN: 078-125-60