NOT LISTED FOR SALE

767 Magnolia Ave Unit 310 Charlotte, NC 28203

Dilworth Neighborhood

Estimated Value: $540,217 - $628,000

3 Beds
2.5 Baths
1,447 Sq Ft
$450/mo HOA Fee

Last Sold June 13, 2024

Last sale price $542,000 $375 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,720/month

7 Days on Market

Highlights

  • Wood Flooring
  • Lawn
  • Balcony
  • Dilworth Elementary School: Latta Campus Rated A-
  • Covered Patio or Porch
  • Walk-In Closet

About This Home

As of June 2024

Welcome to this stunning condo located in the highly sought-after Dilworth neighborhood. Nestled in the heart of Charlotte, this charming residence offers the perfect blend of elegance and urban convenience. Boasting a prime location, residents will enjoy easy access to trendy shops, restaurants, lush green spaces, and an array of entertainment options.

Last Agent to Sell the Property

Brad Melang

5 Points Realty Brokerage Email: bmelang@5pointsrealty.com License #275676 Listed on: 04/18/2024

Last Buyer's Agent

Audrey Pennell

Howard Hanna Allen Tate Center City License #326086

Howard Hanna Allen Tate Center City

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2002

Lot Details

  • Back Yard Fenced
  • Lawn

HOA Fees

  • $450 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Rear-Facing Garage
  • Electric Gate
  • On-Street Parking
  • Parking Lot
  • 1 Assigned Parking Space

Home Design

  • Entry on the 3rd floor
  • Slab Foundation
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 1,447 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Living Room with Fireplace
  • Storage

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Washer and Dryer

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • Magnolia Place Subdivision

Listing and Financial Details

  • Assessor Parcel Number 121-094-56

Property Details

Home Type

Condominium

Year Built

Built in 2002

Lot Details

0

HOA Fees

$450 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 2002
  • Road Surface Type: Asphalt, Paved
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 374.57
  • Geocode Confidence: High
  • Attribution Contact: bmelang@5pointsrealty.com
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Entry Level: 3
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Cable Prewire, Storage, Walk-In Closet(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1447
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Electric Range, Microwave, Refrigerator, Washer/Dryer
  • Above Grade Finished Sq Ft: 1447
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas, Living Room
  • Living Area: 1447
  • Bedroom Main: 3

Exterior Features

  • Exterior Features: Elevator, Lawn Maintenance, Storage
  • New Construction: No
  • Construction Type: Site Built
  • Fencing: Back Yard
  • Exclusions: none
  • Construction Type: Brick Full
  • Patio And Porch Features: Balcony, Covered

Garage/Parking

  • Main Level Garage YN: 1
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Assigned, Electric Gate, Garage Faces Rear, On Street, Parking Lot
  • Assigned Spaces: 1

Utilities

  • Heating: Central, Natural Gas
  • Sewer: Public Sewer
  • Laundry Features: In Kitchen, Utility Room
  • Cooling: Ceiling Fan(s), Central Air
  • Utilities: Cable Available
  • Water Source: City

Condo/Co-op/Association

  • Association Fee: 450
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Association Annual Expense: 5400.00

Schools

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

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 121-094-56
  • Zoning: R22MF
  • Land Included Yn: 0
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R22MF

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2024
Closed on
Jun 13, 2024
Sold by
Richter Steven
Bought by
Richter Steven and Richter George Maximilian
Seller's Agent
Brad Melang
5 Points Realty
Buyer's Agent
Audrey Pennell
Howard Hanna Allen Tate Center City
List Price
$565,000
Sold Price
$542,000
Premium/Discount to List
-$23,000
-4.07%
Views
43
Current Estimated Value
$566,054

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,054
Avg. Annual Appreciation
2.82%
Original Mortgage
$250,000
Outstanding Balance
$246,930
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$319,124

Purchase Details

Closed on
Jul 30, 2014
Sold by
Pauley James
Bought by
Key Wendell L and Key Jacqueline H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,050
Interest Rate
4.24%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 16, 2007
Sold by
Lee Jessica
Bought by
Pauley James

Purchase Details

Closed on
Sep 2, 2005
Sold by
Dmc Resources Llc
Bought by
Pauley James and Lee Jessica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,400
Interest Rate
6.25%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Richter Steven -- None Listed On Document
Richter Steven $542,000 None Listed On Document
Key Wendell L $311,500 None Available
Pauley James -- None Available
Pauley James $273,000 Fidelity Natl Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Richter Steven $250,000
Previous Owner Key Wendell L $218,050
Previous Owner Pauley James $218,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/13/2024 06/13/24 Sold $542,000 -4.1% $375 / Sq Ft
04/27/2024 04/27/24 Pending -- -- --
04/19/2024 04/19/24 For Sale $565,000 -- $390 / 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 $3,718 $470,740 -- $470,740
2024 $3,718 $470,740 -- $470,740
2023 $3,172 $470,740 $0 $470,740
2022 $3,172 $328,700 $0 $328,700
2021 $3,172 $328,700 $0 $328,700
2020 $3,172 $328,700 $0 $328,700
2019 $3,264 $328,700 $0 $328,700
2018 $3,397 $253,300 $98,000 $155,300
2017 $3,342 $253,300 $98,000 $155,300
2016 $3,332 $253,300 $98,000 $155,300
2015 $3,321 $253,300 $98,000 $155,300
2014 $3,292 $272,000 $98,000 $174,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4130544

Canopy MLS (Canopy Realtor® Association)

APN: 121-094-56