NOT LISTED FOR SALE

8051 Southway Rd Unit A & B Charlotte, NC 28215

Oak Forest Neighborhood

Estimated Value: $465,000 - $497,000

4 Beds
2 Baths
1,924 Sq Ft
$251/Sq Ft Est. Value

Last Sold December 08, 2021

Last sale price $409,000 $213 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $2,760/month

50 Days on Market

About This Home

As of December 2021

A duplex in Charlotte's prime area. Two living units attached to each other with separate entries and driveways. A corner property with a detached garage offers privacy for your tenants. The lot offers endless possibilities for growth. Each unit offers two bedrooms and 1 full bathroom. Pictures have had virtual alterations to furniture only.

Last Agent to Sell the Property

Erin Maldonado

NorthGroup Real Estate LLC License #290809 Listed on: 09/03/2021

NorthGroup Real Estate LLC

Last Buyer's Agent

Chelsea Schachtler

Giving Tree Realty License #324484

Giving Tree Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1979

Lot Details

  • 0.52

Home Design

  • Duplex

Additional Features

  • Laminate Flooring
  • 2 Full Bathrooms
  • Crawl Space
  • Outbuilding
  • Corner Lot

Listing and Financial Details

  • Tenant pays for all utilities
  • Rent includes exterior maintenance
  • Assessor Parcel Number 107-052-10

Property Details

Home Type

Multi-Family

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Ratio Close Price By List Price: 0.97381
  • Ratio Close Price By Original Li: 0.97381
  • Ratio Current Price By Acre: 773156.90
  • Ratio Current Price By Sq Ft: 212.58
  • Year Built: 1979
  • Property Features: Refrigerator, Shop - Garage
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Equipment: Ceiling Fan(s), Dishwasher
  • Flooring: Carpet, Laminate Wood
  • Laundry Location: Main
  • Sq Ft Additional: 47
  • Total Sq Ft: 1924

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built
  • Exterior Features: Outbuilding

Garage/Parking

  • Driveway: Concrete
  • Parking: Detached Garage
  • Sq Ft Garage: 649

Utilities

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

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified
  • Middle Or Junior School: Unspecified

Lot Info

  • Lot Features: Corner Lot
  • Lot Size Area: 0.529
  • Parcel Number: 107-052-10
  • Zoning Specification: R4

Rental Info

  • Rent Includes: Exterior Maintenance
  • Tenant Pays: All Utilities

Tax Info

  • Tax Value: 179800.00
  • Tax Location: Mecklenburg

Multi Family

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

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2021
Closed on
Dec 7, 2021
Sold by
Biddy Cynthia Allen
Bought by
Mercedes Ramon Agustin
Seller's Agent
Erin Maldonado
NorthGroup Real Estate LLC
Buyer's Agent
Chelsea Schachtler
Giving Tree Realty
List Price
$420,000
Sold Price
$409,000
Premium/Discount to List
-$11,000
-2.62%
Current Estimated Value
$482,026

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,026
Avg. Annual Appreciation
4.37%
Original Mortgage
$401,591
Outstanding Balance
$369,506
Interest Rate
3.14%
Mortgage Type
FHA
Estimated Equity
$112,520

Purchase Details

Closed on
Jul 5, 1979
Bought by
Biddy Everette C
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
Mercedes Ramon Agustin $409,000 None Available
Biddy Everette C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mercedes Ramon Agustin $401,591
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/08/2021 12/08/21 Sold $409,000 -2.6% $213 / Sq Ft
10/23/2021 10/23/21 Pending -- -- --
09/03/2021 09/03/21 For Sale $420,000 -- $218 / 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 $2,453 $283,400 $65,000 $218,400
2024 $2,453 $283,400 $65,000 $218,400
2023 $2,262 $283,400 $65,000 $218,400
2022 $1,900 $179,800 $30,000 $149,800
2021 $1,964 $179,800 $30,000 $149,800
2020 $1,949 $179,800 $30,000 $149,800
2019 $1,918 $179,800 $30,000 $149,800
2018 $1,300 $87,900 $12,900 $75,000
2017 $1,264 $87,900 $12,900 $75,000
2016 $1,245 $87,900 $12,900 $75,000
2015 $1,222 $87,900 $12,900 $75,000
2014 $1,410 $103,700 $12,900 $90,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3782378

Canopy MLS (Canopy Realtor® Association)

APN: 107-052-10