NOT LISTED FOR SALE

Estimated Value: $451,000 - $517,000

5 Beds
3 Baths
2,612 Sq Ft
$187/Sq Ft Est. Value

Last Sold April 20, 2022

Last sale price $465,000 $178 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,909/month

27 Days on Market

Highlights

  • Open Floorplan
  • Walk-In Closet
  • Central Heating
  • Skylights
  • Laundry Room
  • Ceiling Fan

About This Home

As of April 2022

Don’t miss this amazing opportunity to live near the heart of Charlotte but feel as if you have escaped the hustle and bustle. This home is front porch living at its finest and is just steps from Toby Creek Greenway which will take you all the way into the University area for nearby retail and dining. The main floor consists of fresh neutral paint throughout, three spacious bedrooms, and an exterior screened in porch that is the perfect canvas for whatever you want! Upstairs, you will find a fully finished 2nd living space completed in 2021 including full second kitchen, two additional bedrooms, full bathroom including jacuzzi tub, and don’t miss the walk out attic storage. Upstairs guest suite has ability to have its own private access for interest in renting or AirBnB considering there is no HOA in the Knollwood Acre neighborhood. This home also has a dual heating and air for upstairs and downstairs, and boasts two hot water tanks totaling 90 gallons.

Last Agent to Sell the Property

Kristen Pegg

Cottingham Chalk License #305918 Listed on: 03/24/2022

Cottingham Chalk

Last Buyer's Agent

Robyn Jefferson

Fathom Realty NC LLC License #288097

Fathom Realty NC LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,069

Year Built

  • Built in 2014

Lot Details

  • Zoning described as R3

Parking

  • 1 to 5 Parking Spaces

Home Design

  • Vinyl Siding

Interior Spaces

  • Open Floorplan
  • Ceiling Fan
  • Skylights
  • Window Treatments
  • Crawl Space
  • Laundry Room

Kitchen

  • Oven
  • Electric Cooktop
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Schools

  • Newell Elementary School
  • Martin Luther King Jr Middle School
  • Julius L. Chambers High School

Utilities

  • Central Heating
  • Heat Pump System

Community Details

  • Knollwood Acres Subdivision

Listing and Financial Details

  • Assessor Parcel Number 049-262-27

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,069

Year Built

Built in 2014

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2014
  • Ratio Current Price By Acre: 1010869.57
  • Road Surface Type: Gravel
  • Structure Type: Two Story
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: No
  • Interior Amenities: Open Floorplan, Skylight(s), Walk-In Closet(s), Window Treatments
  • Fixture Exception Yn: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1747
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 865
  • Porch: Back,Front
  • Appliances: Ceiling Fan(s), Electric Cooktop, Dishwasher, Disposal, Oven, Refrigerator
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Living Area: 2612
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • New Construction: No
  • Tax Location: Charlotte
  • Construction Type: Site Built
  • Construction Type: Vinyl Siding

Garage/Parking

  • Main Level Garage YN: 0
  • Parking Features: Parking Space - 4+

Utilities

  • Heating: Central, Heat Pump, Heat Pump
  • Sewer: Public Sewer
  • Water Heater: Electric
  • Laundry Features: Main Level
  • Water Source: Public

Schools

  • Middle Or Junior School: Martin Luther King Jr
  • HOA Subject To: None

Lot Info

  • Lot Size Area: 0.46
  • Lot Size Units: Acres
  • Parcel Number: 049-262-27
  • Zoning Description: R3

Tax Info

  • RATIO List Price By Tax Amount: 1.79828

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Newell
  • High School: Julius L. Chambers

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2015
Closed on
Jul 20, 2015
Sold by
Lyle John W
Bought by
Shaffer Val and Shaffer Virginia
List Price
$184,700
Sold Price
$171,500
Premium/Discount to List
-$13,200
-7.15%
Current Estimated Value
$484,528

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$313,028
Avg. Annual Appreciation
11.45%
Original Mortgage
$171,500
Outstanding Balance
$137,677
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$373,426
Source: Public Records

Range of Values:

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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
Shaffer Val $171,500 Chicago
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shaffer Val $171,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2022 04/20/22 Sold $465,000 +1.1% $178 / Sq Ft
03/24/2022 03/24/22 For Sale $460,000 +168.2% $176 / Sq Ft
08/17/2020 08/17/20 Off Market $171,500 -- --
07/19/2015 07/19/15 Sold $171,500 -7.1% $104 / Sq Ft
06/16/2015 06/16/15 Pending -- -- --
05/20/2015 05/20/15 For Sale $184,700 -- $112 / 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 $3,069 $399,500 $80,000 $319,500
2022 $2,594 $255,800 $30,000 $225,800
2021 $2,583 $255,800 $30,000 $225,800
2020 $2,576 $255,800 $30,000 $225,800
2019 $2,560 $255,800 $30,000 $225,800
2018 $2,676 $198,400 $25,000 $173,400
2017 $2,631 $198,400 $25,000 $173,400
2016 $2,301 $130,100 $25,000 $105,100
2015 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3841643

Canopy MLS (Canopy Realtor® Association)

APN: 049-262-27