$233,000
SOLD JUN 11, 2025

862 McAlway Rd Unit 862 Charlotte, NC 28211

Cotswold Neighborhood
2 Beds
1.5 Baths
920 Sq Ft
$250/mo HOA Fee

Recently Sold

$253 Per Sq Ft

4% Above List Price

4 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Lawn
  • Myers Park High Rated A
  • Corner Lot
  • Front Porch

About This Home

As of June 2025

Welcome to 862 McAlway Rd, a delightful condo in the heart of Charlotte. This charming residence lives like a townhome - offering a perfect blend of comfort and style. Spanning 920 square feet, this end-unit home features exterior access/entry and a private patio.As you step inside, you'll be greeted by an open floor plan that maximizes the use of space. The living area is perfect for both entertaining guests and enjoying quiet evenings at home. Large windows allow natural light to flood the interior. The kitchen is designed with functionality in mind, offering ample counter space and cabinetry to meet all your meal prep needs. 2 spacious upstairs bedrooms provide ample space for daily living.Fresh interior paint throughout! Brand new French doors lead to private rear patio. Full brick exterior & Hardwood floors.Located in vibrant Cotswold - Home offers easy access to Wendover and Monroe Road corridors for a variety of dining, shopping, and entertainment options.

Last Agent to Sell the Property

James Webb

COMPASS Brokerage Email: james.webb@compass.com License #322962 Listed on: 05/08/2025

COMPASS

Last Buyer's Agent

Margaret Ford

COMPASS License #228980

COMPASS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,369

Year Built

  • Built in 1965

HOA Fees

  • $250 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Traditional Architecture
  • Entry on the 1st floor
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 2-Story Property
  • Insulated Windows
  • French Doors
  • Crawl Space
  • Laundry Room

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Outdoor Features

  • Patio
  • Front Porch

Schools

  • Billingsville / Cotswold Elementary School
  • Alexander Graham Middle School
  • Myers Park High School

Additional Features

  • Lawn
  • Forced Air Heating and Cooling System

Community Details

  • Mcalway Manor Condos
  • Cotswold Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 157-109-20

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,369

Year Built

Built in 1965

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Traditional
  • Year Built: 1965
  • Road Surface Type: Asphalt, Paved
  • Unit Levels: Two
  • Ratio CurrentPrice/TotalPropertyHLA: 253.26
  • Geocode Confidence: High
  • Attribution Contact: james.webb@compass.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Entry Level: 1
  • Fireplace: No
  • Flooring: Tile, Wood
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 460
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 460
  • Appliances: Dishwasher, Electric Range, Microwave, Refrigerator, Washer/Dryer
  • Above Grade Finished Sq Ft: 920
  • Basement YN: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: French Doors, Insulated Door(s)
  • Living Area: 920
  • Window Features: Insulated Window(s)
  • Bedroom Main: 0
  • Room Count: 5

Exterior Features

  • Exterior Features: Lawn Maintenance
  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Construction Type: Brick Full
  • Patio And Porch Features: Front Porch, Patio

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Parking Lot, Parking Space(s)

Utilities

  • Heating: Central, Forced Air
  • Sewer: Public Sewer
  • Laundry Features: In Unit, Laundry Closet
  • Cooling: Central Air
  • Water Source: City

Condo/Co-op/Association

  • Association Fee: 250
  • Association Fee Frequency: Monthly
  • Hoa Subject To Dues: Mandatory
  • Complex Name: Mcalway Manor
  • Senior Community: No

Association/Amenities

  • Association Annual Expense: 3000.00

Schools

  • Middle Or Junior School: Alexander Graham
  • HOA Subject To: Required

Lot Info

  • Lot Features: Corner Lot
  • Parcel Number: 157-109-20
  • Land Included Yn: 0
  • Additional Parcels: No
  • Zoning Specification: N2-B

Green Features

  • Green Verification Count: 0

MLS Schools

  • Elementary School: Billingsville / Cotswold
  • High School: Myers Park

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2025
Closed on
Jun 11, 2025
Sold by
Wieczorek Christopher B
Bought by
Mervine Hannah Jeanne
Seller's Agent
James Webb
COMPASS
Buyer's Agent
Margaret Ford
COMPASS
List Price
$225,000
Sold Price
$233,000
Premium/Discount to List
$8,000
3.56%
Views
13
Current Estimated Value
$232,411

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$589
Avg. Annual Appreciation
-0.53%
Original Mortgage
$150,000
Outstanding Balance
$150,000
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$82,639

Purchase Details

Closed on
Mar 29, 2007
Sold by
Boenisch Michael J and Boenisch Jeffrey Steven
Bought by
Wieczorek Christopher B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,500
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 15, 2006
Sold by
Sisk Bobby R
Bought by
Whisonant Markel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,496
Interest Rate
6.51%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 26, 2002
Sold by
Mccracken Martha and Turner Susan
Bought by
Sisk Bobby R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,759
Interest Rate
7.07%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 16, 2001
Sold by
Boenisch Michael J
Bought by
Boenisch Michael J and Boenisch Jeffrey Steven

Purchase Details

Closed on
May 2, 2001
Sold by
Matthews Derek A and Matthews Serena B
Bought by
Boenisch Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,600
Interest Rate
7.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 6, 1998
Sold by
Mccraken Martha R and Turner Susan N
Bought by
Matthews Derek A and Matthews Serena B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,950
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage
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 Type Sale Price Title Company
Warranty Deed $233,000 None Listed On Document
Warranty Deed $233,000 None Listed On Document
Warranty Deed $98,000 None Available
Warranty Deed $59,500 None Available
Warranty Deed $52,000 --
Interfamily Deed Transfer -- --
Warranty Deed $74,000 --
Warranty Deed $58,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $150,000 New Conventional
Closed $150,000 New Conventional
Previous Owner $73,500 Purchase Money Mortgage
Previous Owner $57,496 Purchase Money Mortgage
Previous Owner $52,759 Purchase Money Mortgage
Previous Owner $66,600 Purchase Money Mortgage
Previous Owner $51,950 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2025 06/11/25 Sold $233,000 +3.6% $253 / Sq Ft
05/08/2025 05/08/25 For Sale $225,000 0.0% $245 / Sq Ft
12/13/2019 12/13/19 Rented $1,250 0.0% --
12/02/2019 12/02/19 Price Changed $1,250 -3.5% $1 / Sq Ft
11/19/2019 11/19/19 For Rent $1,295 0.0% --
11/15/2019 11/15/19 Off Market $1,295 -- --
10/30/2019 10/30/19 For Rent $1,295 -- --
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 $1,369 $160,533 -- $160,533
2024 $1,369 $160,533 -- $160,533
2023 $1,369 $160,533 $0 $160,533
2022 $941 $84,500 $0 $84,500
2021 $1,005 $84,500 $0 $84,500
2020 $923 $84,500 $0 $84,500
2019 $907 $84,500 $0 $84,500
2018 $964 $67,900 $20,000 $47,900
2017 $942 $67,900 $20,000 $47,900
2016 $932 $67,900 $20,000 $47,900
2015 $921 $67,900 $20,000 $47,900
2014 $911 $67,900 $20,000 $47,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4256415

Canopy MLS (Canopy Realtor® Association)

APN: 157-109-20