NOT LISTED FOR SALE

8406 Rust Wood Place Charlotte, NC 28227

Estimated Value: $190,000 - $222,000

2 Beds
2.5 Baths
1,188 Sq Ft
$148/mo HOA Fee

Last Sold November 04, 2019

Last sale price $127,500 $107 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $1,397/month

2 Days on Market

About This Home

As of November 2019

This Charlotte two-story offers a fireplace and stainless steel appliances.

Last Agent to Sell the Property

James Sexton

Opendoor Brokerage LLC License #302310 Listed on: 10/07/2019

Opendoor Brokerage LLC

Last Buyer's Agent

Douglas Christen

Nestlewood Realty, LLC License #301328

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1987

Lot Details

  • 871

HOA Fees

  • $148 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • Wood Burning Fireplace
  • Vinyl Flooring

Community Details

  • Bent Creek Association

Listing and Financial Details

  • Assessor Parcel Number 109-283-76

Property Details

Home Type

Condominium

Year Built

Built in 1987

Lot Details

0

HOA Fees

$148 per month

Listing Details

  • Property Type: Condo/Townhouse
  • Property Sub Type: 2 Story
  • Construction Status: Complete
  • Ratio Close Price By List Price: 1.02000
  • Ratio Close Price By Original Li: 1.02000
  • Ratio Current Price By Sq Ft: 107.32
  • Unit Floor Level: 1
  • Year Built: 1987
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 614
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 2
  • Entry Level: Main
  • Equipment: Ceiling Fan(s), Dishwasher, Electric Range, Microwave, Electric Oven
  • Fireplace Description: Wood Burning
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl
  • Laundry Location: Closet
  • Room Count: 2
  • Main Level Sq Ft: 574
  • Total Sq Ft: 1188

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built

Garage/Parking

  • Parking: On-Street Parking

Utilities

  • Heating: Central Air, Electric Hot Air
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee: 148.00
  • Association Fee Frequency: Monthly
  • Complex Name: Bent Creek
  • HOA Management Company: Bent Creek Association
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Lebanon
  • Middle School: Northeast
  • High School: Independence

Lot Info

  • Land Included Yn: Yes
  • Parcel Number: 109-283-76
  • Zoning Specification: R

Tax Info

  • Tax Value: 64200.00
  • Tax Location: Mecklenburg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2019
Closed on
Oct 9, 2019
Sold by
Opendoor Property Trust
Bought by
Smith Courtney
Seller's Agent
James Sexton
Opendoor Brokerage LLC
Buyer's Agent
Douglas Christen
Nestlewood Realty, LLC
List Price
$125,000
Sold Price
$127,500
Premium/Discount to List
$2,500
2%
Current Estimated Value
$210,541

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,041
Avg. Annual Appreciation
8.95%
Original Mortgage
$123,675
Outstanding Balance
$109,018
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$101,523

Purchase Details

Listed on
Oct 7, 2019
Closed on
Sep 27, 2019
Sold by
Thompson Bethany
Bought by
Opendoor Property Trust
Seller's Agent
James Sexton
Opendoor Brokerage LLC
Buyer's Agent
Douglas Christen
Nestlewood Realty, LLC
List Price
$125,000
Sold Price
$127,500
Premium/Discount to List
$2,500
2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,675
Outstanding Balance
$109,018
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$101,523

Purchase Details

Closed on
Jul 1, 2016
Sold by
Diaconescu Ion
Bought by
Thompson Bethany

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,850
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 9, 2007
Sold by
Deutsche Bank National Trust Co
Bought by
Diaconescu Ion

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,600
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 23, 2007
Sold by
Farrey Robert
Bought by
Deutsche Bank National Trust Co and Morgan Stanley Abs Capital I Inc Trust 2

Purchase Details

Closed on
May 3, 2006
Sold by
Mullally Kathleen M and Camp Patricia M
Bought by
Farrey Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,200
Interest Rate
8.44%
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
Smith Courtney $128,000 None Available
Opendoor Property Trust $116,500 None Available
Thompson Bethany $78,000 None Available
Diaconescu Ion $72,000 U S Land Title
Deutsche Bank National Trust Co $66,487 None Available
Farrey Robert $74,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Courtney $123,675
Previous Owner Thompson Bethany $77,850
Previous Owner Diaconescu Ion $57,600
Previous Owner Farrey Robert $59,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/04/2019 11/04/19 Sold $127,500 +2.0% $107 / Sq Ft
10/09/2019 10/09/19 Pending -- -- --
10/07/2019 10/07/19 For Sale $125,000 -- $105 / 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
2024 $1,314 $191,500 $50,000 $141,500
2023 $1,289 $191,500 $50,000 $141,500
2022 $881 $99,300 $22,000 $77,300
2021 $881 $99,300 $22,000 $77,300
2020 $876 $99,300 $22,000 $77,300
2019 $870 $99,300 $22,000 $77,300
2018 $745 $64,200 $9,000 $55,200
2017 $737 $64,200 $9,000 $55,200
2016 $731 $64,200 $9,000 $55,200
2015 $721 $64,200 $9,000 $55,200
2014 $708 $64,200 $9,000 $55,200
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2019

    James Sexton

    Opendoor Brokerage LLC

    Section Image
  • Douglas Christen

    Buyer's Agent in 2019

    Douglas Christen

    Nestlewood Realty, LLC

    (704) 516-2220

    13 in this area

    350 Total Sales

    Douglas Christen
    Section Image
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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3557164

Canopy MLS (Canopy Realtor® Association)

APN: 109-283-76

North Carolina Mecklenburg County Charlotte 28227

8406 Rust Wood Place, Charlotte, NC

This home is located at 8406 Rust Wood Place, Charlotte, NC 28227 since 07 October 2019 and is currently estimated at $210,541, approximately $177 per square foot. This property was built in 1987. 8406 Rust Wood Place is a home located in Mecklenburg County with nearby schools including Lebanon Road Elementary, Northeast Middle, and Independence High.

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