NOT LISTED FOR SALE

Estimated Value: $289,000 - $438,000

19 Beds
15 Baths
8,616 Sq Ft
$42/Sq Ft Est. Value

Last Sold October 02, 2015

Last sale price $432,500 $50 Per Sq Ft

Est. 16% decrease in value since last sale

Current estimated payment $2,284/month

150 Days on Market

Highlights

  • Transitional Architecture
  • Fireplace
  • Vinyl Flooring
  • Paw Creek Elementary School Rated 9+
  • Shed

About This Home

As of October 2015

Estate sale, four parcels, 15 units on over 2.5 acres. Package features three single family homes and six duplexes. Also on site are four out buildings for storage and workshop with roll-up door and bathroom. This is
an excellent opportunity to add value by placing your own tenant mix. Previously rented furnished– personal property negotiable. Potential monthly gross income is over $9,000. Package includes parcels
3101215,3101218,3101219,and 3101221. As-Is sale. Seller financing available.

Last Agent to Sell the Property

Rob Cassam Jr

Carolina Realty Advisors License #164661 Listed on: 04/03/2015

Last Buyer's Agent

Daniel Moffett

Bottom Line Property Management LLC License #276298

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1974

Lot Details

  • 2.54

Parking

  • Gravel Driveway

Home Design

  • Transitional Architecture
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 15 Full Bathrooms
  • Fireplace
  • Vinyl Flooring

Outdoor Features

  • Shed

Listing and Financial Details

  • Tenant pays for all except water
  • Rent includes water
  • Assessor Parcel Number 031-012-15

Property Details

Home Type

Multi-Family

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Architectural Style: Transitional
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.86517
  • Ratio Close Price By Original Li: 0.80241
  • Ratio Current Price By Acre: 169874.31
  • Ratio Current Price By Sq Ft: 50.20
  • Year Built: 1974
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Foundation Details: Slab
  • Full Bathrooms: 15
  • Total Bedrooms: 19
  • Equipment: Dishwasher, Disposal
  • Fireplace: Yes
  • Flooring: Vinyl, Carpet
  • Laundry Location: Main
  • Total Sq Ft: 8616

Exterior Features

  • Construction: Vinyl, Wood
  • Exterior Features: Shed(s)

Garage/Parking

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

Utilities

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

Schools

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

Lot Info

  • Lot Dimension: multi
  • Lot Size Area: 2.546
  • Parcel Number: 031-012-15
  • Zoning Specification: R8

Rental Info

  • Rent Includes: Water
  • Tenant Pays: All except water

Tax Info

  • Tax Value: 409700.00
  • Tax Location: Charlotte

Multi Family

  • Number Of Units Total: 15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2015
Closed on
Oct 2, 2015
Sold by
Alsop Diane S
Bought by
Potluri Ventures 3 Llc
Seller's Agent
Rob Cassam Jr
Carolina Realty Advisors
Buyer's Agent
Daniel Moffett
Bottom Line Property Management LLC
List Price
$539,000
Sold Price
$432,500
Premium/Discount to List
-$106,500
-19.76%
Current Estimated Value
$363,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$69,000
Avg. Annual Appreciation
-1.50%
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
Potluri Ventures 3 Llc $432,500 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Potluri Ventures 3 Llc $1,100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2015 10/02/15 Sold $432,500 -19.8% $50 / Sq Ft
08/31/2015 08/31/15 Pending -- -- --
04/03/2015 04/03/15 For Sale $539,000 -- $63 / 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 $4,178 $458,300 $77,500 $380,800
2024 $4,178 $458,300 $77,500 $380,800
2023 $4,002 $458,300 $77,500 $380,800
2022 $3,011 $252,500 $37,500 $215,000
2021 $3,353 $252,500 $37,500 $215,000
2020 $2,437 $252,500 $37,500 $215,000
2019 $3,169 $273,400 $37,500 $235,900
2018 $3,456 $218,600 $29,200 $189,400
2017 $3,334 $218,600 $29,200 $189,400
2016 $2,937 $218,600 $29,200 $189,400
2015 $3,166 $218,600 $29,200 $189,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3075591

Canopy MLS (Canopy Realtor® Association)

APN: 031-012-15