NOT LISTED FOR SALE

Estimated Value: $794,000 - $818,510

6 Beds
5.5 Baths
3,345 Sq Ft
$241/Sq Ft Est. Value

Last Sold June 28, 2021

Last sale price $590,000 $176 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $4,820/month

54 Days on Market

About This Home

As of June 2021

***MULTIPLE OFFERS - Highest and best request 4/13 5pm*** Rare opportunity in this gem of a Duplex in Super Hot Wesley Heights. Enjoy the best offerings of FreeMoreWest with superb walkability to local fare, greenways, uptown and the Panthers stadium. This duplex features two exemplary units, presenting a perfect opportunity for income maximization due to size, live in one side and rent the other, with plenty of rooms for shared living. 2beds with 2.5 baths on one side and 4 beds 3 baths on the other. This home also presented immense opportunity for conversion to a single family home, with soaring prices in this fast growing and eclectic area. Home has huge 1600+ square foot basement with separate access from each side with garage entry. Perfect for storage or auxiliary parking. Get your slice of heaven here before it's too late!

Last Agent to Sell the Property

Steve Casselman

EXP Realty LLC Ballantyne License #272611 Listed on: 04/09/2021

EXP Realty LLC Ballantyne

Last Buyer's Agent

Samara Huntley

EXP Realty LLC License #323827

EXP Realty LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1937

Lot Details

  • 10,454

Home Design

  • Duplex
  • Traditional Architecture

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 071-023-18

Property Details

Home Type

Multi-Family

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Architectural Style: Traditional
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.98350
  • Ratio Close Price By Original Li: 0.98350
  • Ratio Current Price By Acre: 2458333.33
  • Ratio Current Price By Sq Ft: 176.38
  • Year Built: 1937
  • Special Features: None

Interior Features

  • Foundation Details: Basement
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Equipment: Cooktop Electric, Dishwasher, Electric Dryer Hookup, Microwave, Refrigerator
  • Flooring: Tile, Wood
  • Laundry Location: Main, Upper
  • Sq Ft Basement: 1689
  • Total Sq Ft: 3345

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built

Garage/Parking

  • Parking: Driveway

Utilities

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

Schools

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

Lot Info

  • Lot Dimension: 198x55x197x54
  • Lot Size Area: 0.240
  • Parcel Number: 071-023-18
  • Zoning Specification: R5

Rental Info

  • Tenant Pays: All Utilities

Tax Info

  • Tax Value: 520100.00
  • Tax Location: Charlotte

Multi Family

  • Unit Count: 2
  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2021
Closed on
Jun 28, 2021
Sold by
Faulkner Adriana
Bought by
Grandin Llc
Seller's Agent
Steve Casselman
EXP Realty LLC Ballantyne
Buyer's Agent
Samara Huntley
EXP Realty LLC
List Price
$599,900
Sold Price
$590,000
Premium/Discount to List
-$9,900
-1.65%
Current Estimated Value
$811,549

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$221,549
Avg. Annual Appreciation
7.81%
Original Mortgage
$442,500
Outstanding Balance
$405,826
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$398,539

Purchase Details

Closed on
Jan 19, 2021
Sold by
Throwback Properties Llc
Bought by
Clp Fund 1 Llc

Purchase Details

Closed on
Aug 12, 2020
Sold by
Palmetto Capital Management Llc
Bought by
Throwback Properties Llc

Purchase Details

Closed on
Jan 10, 2020
Sold by
Tah Prouperty Holdings Llc
Bought by
Palmetto Capital Management Llc

Purchase Details

Closed on
Oct 31, 2019
Sold by
Tah Ms Borrower Llc
Bought by
Tah Property Holdings Llc

Purchase Details

Closed on
May 1, 2013
Sold by
Lake Successor Charlotte Llc
Bought by
Sfrh Charlotte Rental Lp

Purchase Details

Closed on
Dec 28, 2012
Sold by
Drakeford Robert T
Bought by
Lake Success Charlotte Llc

Purchase Details

Closed on
Dec 27, 2012
Sold by
Drakeford Sandra Wilson
Bought by
Drakeford Robert T

Purchase Details

Closed on
Feb 15, 2006
Sold by
Guthrie Holding Co Llc
Bought by
Drakeford Robert T and Drakeford Sandra Wilson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.04%
Mortgage Type
Fannie Mae Freddie Mac
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
Grandin Llc -- None Available
Faulkner Adriana $590,000 Chicago Title Company Llc
Clp Fund 1 Llc -- None Available
Throwback Properties Llc $260,000 None Available
Palmetto Capital Management Llc $250,000 None Available
Tah Property Holdings Llc -- None Available
Sfrh Charlotte Rental Lp $2,573,500 None Available
Lake Success Charlotte Llc -- None Available
Drakeford Robert T -- None Available
Drakeford Robert T -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Faulkner Adriana $442,500
Previous Owner Drakeford Robert T $240,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2021 06/28/21 Sold $590,000 -1.7% $176 / Sq Ft
06/02/2021 06/02/21 Pending -- -- --
05/26/2021 05/26/21 For Sale $599,900 0.0% $179 / Sq Ft
04/14/2021 04/14/21 Pending -- -- --
04/09/2021 04/09/21 For Sale $599,900 -- $179 / 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 $4,518 $578,000 $290,000 $288,000
2022 $5,270 $520,100 $200,000 $320,100
2021 $5,248 $520,100 $200,000 $320,100
2020 $2,630 $520,100 $200,000 $320,100
2019 $5,436 $544,300 $200,000 $344,300
2018 $2,932 $212,300 $76,000 $136,300
2017 $2,874 $212,300 $76,000 $136,300
2016 $2,584 $191,400 $76,000 $115,400
2015 $2,561 $191,400 $76,000 $115,400
2014 $2,536 $191,400 $76,000 $115,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3726592

Canopy MLS (Canopy Realtor® Association)

APN: 071-023-18