NOT LISTED FOR SALE

7163 Somerset Springs Dr Unit 1B Charlotte, NC 28262

Mineral Springs Neighborhood

Estimated Value: $222,000 - $244,224

2 Beds
2 Baths
1,276 Sq Ft
1,742 Sq Ft Lot

Last Sold September 25, 2017

Last sale price $114,000 $89 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $1,353/month

Highlights

  • Lawn
  • Laundry Room
  • 1-Story Property
  • Patio
  • Tile Flooring
  • Forced Air Heating and Cooling System

About This Home

As of July 2024

Beautiful condo/townhome ready for you to call home today! No stairs!! Freshly painted! Excellent floorplan with spacious kitchen, dining area and family room with access to the private patio area. Kitchen is well appointed with lots of cabinet space, granite countertops, tiled backsplash and a pantry. Two very spacious bedrooms, Primary Bedroom has a large walk-in closet. Plus, a front Living Room for excellent flex space. Excellent location! A short 4.5 mile drive to UNCC, 15 minutes to Uptown, easy access to I-77 and I-85, close to schools, shopping, restaurants and entertainment!

Last Agent to Rent the Property

Michelle Scholz

Team Scholz Properties Unlimited Inc Brokerage Email: teamscholzlkn@aol.com License #45889 Listed on: 05/19/2024

Co-Listed By

Chris Scholz

Team Scholz Properties Unlimited Inc Brokerage Email: teamscholzlkn@aol.com License #223940

Last Renter's Agent

Non Member

Canopy Administration

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,070

Year Built

  • Built in 2004

Lot Details

  • Privacy Fence
  • Back Yard Fenced
  • Lawn

Interior Spaces

  • 1,276 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Crawl Space
  • Pull Down Stairs to Attic
  • Laundry Room

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • Parking Lot
  • 1 Assigned Parking Space

Outdoor Features

  • Patio

Schools

  • Governors Village Elementary And Middle School
  • Julius L. Chambers High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Security Deposit $1,500
  • Property Available on 5/20/24
  • Tenant pays for all utilities
  • 12-Month Minimum Lease Term
  • Assessor Parcel Number 047-033-45

Community Details

Overview

  • Somerset Springs Condos
  • Somerset Springs Subdivision

Pet Policy

  • Pet Deposit $400

Condo Details

Home Type

Condominium

Est. Annual Taxes

$1,070

Year Built

Built in 2004

Lot Details

0

Rental Info

  • Tenant Pays: All Utilities
  • Furnished: Unfurnished
  • Pets Allowed: Conditional
  • Smoking Allowed Yn: 0
  • Lease Term: 12 Months
  • Available Date: 2024-05-20
  • Pet Deposit: 400
  • Security Deposit: 1500
  • Application Fee: 55

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Condominium
  • Year Built: 2004
  • Road Surface Type: Paved
  • Unit Levels: One
  • ResoPropertyType: ResidentialLease
  • Ratio CurrentPrice/TotalPropertyHLA: 1.09
  • Geocode Confidence: High
  • Attribution Contact: teamscholzlkn@aol.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Entry Level: 1
  • Fireplace: No
  • Flooring: Laminate, Tile
  • Interior Amenities: Attic Stairs Pulldown
  • Main Level Sq Ft: 1276
  • Sq Ft Unheated Total: 0
  • Appliances: Dishwasher, Electric Range, Gas Water Heater, Microwave, Refrigerator
  • Above Grade Finished Sq Ft: 1276
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Living Area: 1276
  • Bedroom Main: 2
  • Room Count: 9
  • Move In Fee: 0

Exterior Features

  • Exterior Features: Lawn Maintenance
  • Fencing: Back Yard, Privacy
  • Patio And Porch Features: Patio

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Assigned, Parking Lot
  • Assigned Spaces: 1

Utilities

  • Heating: Forced Air, Natural Gas
  • Sewer: Public Sewer
  • Laundry Features: In Kitchen, Laundry Closet
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air
  • Utilities: Gas
  • Water Source: City

Condo/Co-op/Association

  • Complex Name: Somerset Springs
  • Senior Community: No

Schools

  • Middle Or Junior School: Governors Village
  • HOA Subject To: Required

Lot Info

  • Lot Size Area: 0.04
  • Lot Size Units: Acres
  • Parcel Number: 047-033-45
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R17MF

MLS Schools

  • Elementary School: Governors Village
  • High School: Julius L. Chambers

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 4, 2024
Sold by
Connolly Mark P and Teng Ai Li
Bought by
Access Gateway Llc
Current Estimated Value
$230,857

Purchase Details

Listed on
Aug 30, 2017
Closed on
Sep 25, 2017
Sold by
Smith Merdieth E
Bought by
Global Market Access Souglitons Llc
Seller's Agent
Alison Mathews
Allen Tate Lake Norman
Buyer's Agent
Tom Williams
Tom Williams Realty, LLC
List Price
$115,000
Sold Price
$114,000
Premium/Discount to List
-$1,000
-0.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.99%

Purchase Details

Closed on
Apr 17, 2009
Sold by
Ewald Curt and Pog Deborah
Bought by
Smith Meredith E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,641
Interest Rate
5.18%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 2, 2008
Sold by
Independent Resource Llc
Bought by
Ewald Curt and Png Deborah

Purchase Details

Closed on
Aug 31, 2005
Sold by
Wkb Somerset Springs Llc
Bought by
Atkinson Eva G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,770
Interest Rate
5.64%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 17, 2005
Sold by
Ewald Curt R and Png Deborah
Bought by
Independent Resources Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,770
Interest Rate
5.64%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 14, 2005
Sold by
Wkb Somerset Springs Llc
Bought by
Ewald Curt R and Png Deborah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,729
Interest Rate
5.74%
Mortgage Type
Purchase Money Mortgage
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
Access Gateway Llc -- None Listed On Document
Connolly Mark P -- None Listed On Document
Global Market Access Souglitons Llc $114,000 Lkn Title Llc
Smith Meredith E $75,000 First Amer Title Carolinas
Ewald Curt -- None Available
Atkinson Eva G $109,500 --
Independent Resources Llc -- --
Ewald Curt R $118,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Meredith E $73,641
Previous Owner Atkinson Eva G $58,770
Previous Owner Ewald Curt R $111,729
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2024 07/08/24 Rented $1,395 0.0% --
06/20/2024 06/20/24 Price Changed $1,395 -7.0% $1 / Sq Ft
06/03/2024 06/03/24 Price Changed $1,500 -6.3% $1 / Sq Ft
05/19/2024 05/19/24 For Rent $1,600 0.0% --
09/25/2017 09/25/17 Sold $114,000 -0.9% $89 / Sq Ft
09/02/2017 09/02/17 Pending -- -- --
08/30/2017 08/30/17 For Sale $115,000 -- $90 / 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 $1,070 $213,018 $0 $213,018
2022 $1,070 $110,900 $0 $110,900
2021 $1,070 $110,900 $0 $110,900
2020 $1,070 $110,900 $0 $110,900
2019 $1,162 $110,900 $0 $110,900
2018 $1,212 $86,800 $15,000 $71,800
2017 $1,187 $86,800 $15,000 $71,800
2016 $1,177 $86,800 $15,000 $71,800
2015 $1,166 $86,800 $15,000 $71,800
2014 $1,154 $86,800 $15,000 $71,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4142328

Canopy MLS (Canopy Realtor® Association)

APN: 047-033-45