NOT LISTED FOR SALE

8518 Castle Pine Ct Unit 2 Charlotte, NC 28226

Park Road Neighborhood

Estimated Value: $256,000 - $270,000

3 Beds
2.5 Baths
1,195 Sq Ft
$255/mo HOA Fee

Last Sold January 25, 2024

Last sale price $250,000 $209 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,846/month

65 Days on Market

Highlights

  • Laundry Room
  • Forced Air Heating and Cooling System
  • Ceiling Fan
  • Attached Carport

About This Home

As of January 2024

BACK ON MARKET AT NO FAULT OF SELLER. BUYER DID NOT OBTAIN FINAL APPROVAL. It doesn't get any better than this! A Move-in ready home listed under $300k within Charlotte City Limits!! Take advantage of this while you can! $7000 SPECIAL ASSESSMENT PAID IN FULL BY SELLER!! WOW! Step into this 3-bedroom, 2.5-bath, 2-story condominium in South Charlotte! This is the perfect starter home or transition home or even a potential rental option for an owner, the opportunities are endless!! Vinyl flooring throughout the main level from the living room to the kitchen! The current owner has made many upgrades including a bar area underneath the stairs. As you head upstairs you'll see an updated full bath and 2 additional bedrooms and the Primary Bedroom! Not to mention, this home has an Attached carport with storage AND a back patio with additional storage! This home is ready for its new owner!!

Last Agent to Sell the Property

Jerell Fields

Noire Group LLC Brokerage Email: jerell@wearenoire.com License #109656 Listed on: 11/10/2023

Co-Listed By

Kamell Schooley

Costello Real Estate and Investments LLC Brokerage Email: jerell@wearenoire.com License #349159

Last Buyer's Agent

Rodrigo Martinez

Realty One Group Revolution License #319828

Realty One Group Revolution

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,543

Year Built

  • Built in 1973

Lot Details

  • 0.6

HOA Fees

  • $255 Monthly HOA Fees

Parking

  • Attached Carport

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Living Room with Fireplace
  • Laundry Room

Kitchen

  • Electric Oven
  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Pineville Elementary School
  • Quail Hollow Middle School
  • South Mecklenburg High School

Utilities

  • Forced Air Heating and Cooling System
  • Floor Furnace

Community Details

  • Cusick Association
  • Falconbridge Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 221-221-50

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,543

Year Built

Built in 1973

Lot Details

0

HOA Fees

$255 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 1973
  • Road Surface Type: Paved
  • Unit Levels: Two
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 209.21
  • Bedroom Lower: 0
  • Geocode Confidence: High
  • Attribution Contact: jerell@wearenoire.com
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Entry Level: 1
  • Fireplace: Yes
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 588
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 607
  • Appliances: Dishwasher, Electric Oven, Electric Range, Refrigerator
  • Above Grade Finished Sq Ft: 1195
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Living Area: 1195
  • Bedroom Main: 0
  • Room Count: 8
  • Bedroom Basement: 0
  • Bedroom Third: 0

Exterior Features

  • New Construction: No
  • Construction Type: Site Built
  • Construction Type: Vinyl

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: Yes
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Attached Carport

Utilities

  • Heating: Floor Furnace, Forced Air
  • Sewer: Public Sewer
  • Laundry Features: In Kitchen, Main Level
  • Cooling: Ceiling Fan(s), Central Air
  • Water Source: City

Condo/Co-op/Association

  • Association Fee: 254.52
  • Association Fee Frequency: Monthly
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: Cusick
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Association Annual Expense: 3054.24

Schools

  • Middle Or Junior School: Quail Hollow
  • HOA Subject To: Required

Lot Info

  • Parcel Number: 221-221-50
  • Zoning: R17MF
  • Land Included Yn: 0
  • Zoning Specification: R17MF

Green Features

  • Green Verification Count: 0

MLS Schools

  • Elementary School: Pineville
  • High School: South Mecklenburg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2023
Closed on
Jan 23, 2024
Sold by
Palmer Paul O and Kelley Gloria Ann
Bought by
Otero Fernando and Otero Miriam Patricia
Seller's Agent
Jerell Fields
Noire Group LLC
Buyer's Agent
Rodrigo Martinez
Realty One Group Revolution
List Price
$250,000
Sold Price
$250,000
Views
225
Current Estimated Value
$263,576

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,576
Avg. Annual Appreciation
3.85%
Original Mortgage
$237,500
Outstanding Balance
$234,641
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$28,935

Purchase Details

Closed on
Feb 1, 2022
Sold by
Palmer Iii Paul O
Bought by
Palmer Paul O and Kelley Gloria Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,500
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 8, 2017
Sold by
Kdc Holdings Llc
Bought by
Palmer Paul O and Neill Palmer Iii Paul O

Purchase Details

Closed on
Dec 22, 2016
Sold by
Palmer Paul O and Palmer Paul O Neill
Bought by
Kdc Holdings Llc

Purchase Details

Closed on
Aug 14, 2014
Sold by
Kdc Holdings Llc
Bought by
Palmer Paul O and Palmer Paul Oneill

Purchase Details

Closed on
May 19, 2014
Sold by
Falconbridge Condominiums Number 1 Owner
Bought by
Kdc Holdings Llc

Purchase Details

Closed on
Apr 4, 2008
Sold by
Dinardo Corrine and Dinardo Samuel
Bought by
Palmer Paul O and Palmer Paul Oneill

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,000
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 28, 2006
Sold by
Diamond Kerry H
Bought by
Talley Corrine

Purchase Details

Closed on
May 4, 2000
Sold by
Bradley Nancy C and Bradley Frank
Bought by
Diamond Kerry H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,200
Interest Rate
8.23%
Mortgage Type
FHA
Source: Public Records

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Range of Values:

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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
Otero Fernando $250,000 None Listed On Document
Palmer Paul O -- Rosenberg Jay A
Palmer Paul O -- None Available
Kdc Holdings Llc $4,911 None Available
Palmer Paul O $7,500 None Available
Kdc Holdings Llc $5,534 None Available
Palmer Paul O $97,000 Masters Title
Talley Corrine $86,000 None Available
Diamond Kerry H $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Otero Fernando $237,500
Previous Owner Palmer Paul O $47,300
Previous Owner Palmer Paul O $148,500
Previous Owner Palmer Paul O Neill $104,000
Previous Owner Palmer Paul O $98,000
Previous Owner Diamond Kerry H $87,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/25/2024 01/25/24 Sold $250,000 0.0% $209 / Sq Ft
01/15/2024 01/15/24 Pending -- -- --
11/10/2023 11/10/23 For Sale $250,000 -- $209 / 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 $1,543 $191,433 $0 $191,433
2022 $1,279 $119,500 $0 $119,500
2021 $1,268 $119,500 $0 $119,500
2020 $1,260 $119,500 $0 $119,500
2019 $1,245 $119,500 $0 $119,500
2018 $1,139 $81,200 $20,000 $61,200
2017 $1,114 $81,200 $20,000 $61,200
2016 $1,105 $81,200 $20,000 $61,200
2015 $1,093 $81,200 $20,000 $61,200
2014 $1,082 $81,200 $20,000 $61,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4085501

Canopy MLS (Canopy Realtor® Association)

APN: 221-221-50