NOT LISTED FOR SALE

8872 Cinnabay Dr Unit 181 Charlotte, NC 28216

Northlake Neighborhood

Estimated Value: $243,000 - $257,000

2 Beds
2 Baths
1,139 Sq Ft
$148/mo HOA Fee

Last Sold October 31, 2018

Last sale price $134,000 $118 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $1,664/month

4 Days on Market

Highlights

  • Open Floorplan
  • End Unit
  • Terrace
  • Traditional Architecture
  • Corner Lot
  • Community Pool

About This Home

As of October 2018

Adorable one level townhome with an attached garage. Minutes to I-77 and I-485, shopping, dinning, and uptown. One owner and the best yard in the neighborhood. Updates include, AC in 2013, tile kitchen and bath floors, solid surface kitchen counter tops, updated bathroom mirrors, microwave and dishwasher. Refrigerator, washer and dryer will remain. Relax on your private patio or at the neighborhood pool.

Last Agent to Sell the Property

Lynn Harriman

Coldwell Banker Realty License #199515 Listed on: 10/09/2018

Coldwell Banker Realty

Last Buyer's Agent

Steven White

1st Choice Properties Inc License #258343

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1997

Lot Details

  • End Unit
  • Level Lot

HOA Fees

  • $148 Monthly HOA Fees

Parking

  • 1

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • Open Floorplan
  • Gas Log Fireplace
  • Window Treatments
  • Pull Down Stairs to Attic

Flooring

  • Parquet
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • 2 Full Bathrooms
  • Garden Bath

Home Security

Additional Features

  • Terrace
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 025-333-18

Community Details

Overview

  • Bumgardner Assoc. Mgmt Association, Phone Number (704) 829-7878

Recreation

  • Community Pool

Security

  • Storm Doors

Property Details

Home Type

Condominium

Year Built

Built in 1997

Lot Details

0

HOA Fees

$148 per month

Parking

1

Listing Details

  • Property Type: Condo/Townhouse
  • Property Sub Type: 1 Story
  • Architectural Style: Traditional
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.96403
  • Ratio Close Price By Original Li: 0.96403
  • Ratio Current Price By Acre: 971014.49
  • Ratio Current Price By Sq Ft: 117.65
  • Unit Floor Level: 1
  • Year Built: 1997
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Slab
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • Doors and Windows: Storm Door(s)
  • Entry Level: Main
  • Equipment: Ceiling Fan(s), CO Detector, Cable Prewire, Disposal, Dryer, Dishwasher, Electric Range, Ice Maker Connection, Refrigerator, Washer, Electric Oven
  • Fireplace Description: FAMILYRM, Gas Logs
  • Fireplace: Yes
  • Flooring: Carpet, Parquet, Tile
  • H O A Management Phone: 7048297878
  • Interior Amenities: Attic Stairs Pulldown, Cable Available, Garden Tub, Open Floorplan, Pantry, Walk-In Closet(s), Window Treatments
  • Laundry Location: Main, Closet
  • Room Count: 1
  • Main Level Sq Ft: 1139
  • Total Sq Ft: 1139
  • Sq Ft Unheated Main: 260
  • Sq Ft Unheated Total: 260

Exterior Features

  • Construction: Brick Partial, Vinyl
  • Construction Type: Site Built
  • Exterior Features: Terrace

Garage/Parking

  • Driveway: Concrete
  • Parking: Driveway, Garage - 1 Car

Utilities

  • Heating: Central Air, Gas Hot Air Furnace
  • Sewer: County Sewer
  • Water: County Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Outdoor Pool
  • Association Fee: 147.62
  • Association Fee Frequency: Monthly
  • Complex Name: Towne Meadows
  • HOA Management Company: Bumgardner Assoc. Mgmt
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Long Creek
  • Middle School: Francis Bradley
  • High School: Hopewell

Lot Info

  • Land Included Yn: Yes
  • Lot Dimension: 62X86X84X49
  • Lot Features: Corner Lot, End Unit, Level
  • Lot Size Area: 0.138
  • Parcel Number: 025-333-18
  • Zoning Specification: TH/RH

Tax Info

  • Tax Value: 95100.00
  • Tax Location: Charlotte

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2018
Closed on
Oct 31, 2018
Sold by
Nelson Mildred
Bought by
Parks Marcus
Seller's Agent
Lynn Harriman
Coldwell Banker Realty
Buyer's Agent
Steven White
1st Choice Properties Inc
List Price
$139,000
Sold Price
$134,000
Premium/Discount to List
-$5,000
-3.6%
Current Estimated Value
$249,082

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,082
Avg. Annual Appreciation
9.83%
Original Mortgage
$94,000
Outstanding Balance
$82,480
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$171,567
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
Parks Marcus $134,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parks Marcus $94,000
Previous Owner Nelson Mildred J $23,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2018 10/31/18 Sold $134,000 -3.6% $118 / Sq Ft
10/13/2018 10/13/18 Pending -- -- --
10/09/2018 10/09/18 For Sale $139,000 -- $122 / 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 $1,913 $243,200 $60,000 $183,200
2023 $1,923 $243,200 $60,000 $183,200
2022 $1,448 $137,000 $30,000 $107,000
2021 $1,437 $137,000 $30,000 $107,000
2020 $1,429 $137,000 $30,000 $107,000
2019 $1,414 $137,000 $30,000 $107,000
2018 $1,321 $95,100 $18,000 $77,100
2017 $1,294 $95,100 $18,000 $77,100
2016 $1,284 $95,100 $18,000 $77,100
2015 $1,273 $95,100 $18,000 $77,100
2014 $1,260 $93,800 $18,000 $75,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3442275

Canopy MLS (Canopy Realtor® Association)

APN: 025-333-18