NOT LISTED FOR SALE

922 Academy St Charlotte, NC 28205

North Charlotte Neighborhood

Estimated Value: $658,043 - $735,000

4 Beds
4 Baths
2,520 Sq Ft
$278/Sq Ft Est. Value

Sale Details

Date Sold: January 5, 2024

Last sale price $660,000 $262 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $4,025 / mo

51 Days on Market

Highlights

  • Wood Flooring
  • Ceiling Fan
  • Wood Siding
  • Screened Porch
  • Baseboard Heating
  • 5-minute walk to North Charlotte Neighborhood Park

About This Home

As of January 2024

Investors take notice - Rare opportunity to own Fourplex in desired NODA neighborhood. Close to the light rail, shopping, restaurants, and entertainment!!! *** DO NOT DISTURB TENANTS*** Fully leased at $3,770/month total with carefully screened tenants. Ability to increase rents in the hot NODA rental market. All 4 units have been renovated within the last 3 years with a variation per unit of LVP, refinishing hardwoods, new shaker soft closing cabinets, granite countertops, all new black appliances (DW, MW, Stove, Range, updated baths with tile surround, updated light and plumbing fixtures, new concrete driveway and much more. Professionally managed by a hands-on management company. NO showings until accepted offer. For more information, see media remarks. See Multi-family and land/lots comps attached. Just the dirt is worth $550K. Keep it as a long-term rental or build new in one of the hottest neighborhoods in Charlotte. (Pictures are from 2020 before tenants moved in.)

Last Agent to Sell the Property

William Orozco

New View Realty Group Brokerage Email: william@newviewrg.com License #279063 Listed on: 10/11/2023

Last Buyer's Agent

Cheryl Littlefield

Real Broker, LLC License #271743

Real Broker, LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 0.52

Home Design

  • Wood Siding

Interior Spaces

  • 2,520 Sq Ft Home
  • Ceiling Fan
  • Window Screens
  • Screened Porch
  • Crawl Space
  • Carbon Monoxide Detectors

Kitchen

  • Oven
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Parking

  • Driveway
  • On-Street Parking
  • 4 Open Parking Spaces

Utilities

  • Window Unit Cooling System
  • Vented Exhaust Fan
  • Baseboard Heating
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for all utilities
  • The owner pays for exterior maintenance, management
  • Assessor Parcel Number 091-095-12

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

0.52 Acres

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Fourplex
  • Year Built: 1950
  • Road Surface Type: Concrete
  • ResoPropertyType: ResidentialIncome
  • Geocode Confidence: High
  • Attribution Contact: william@newviewrg.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: No
  • Flooring: Vinyl, Wood
  • Interior Amenities: Cable Prewire
  • Appliances: Dishwasher, Electric Water Heater, Exhaust Fan, Gas Water Heater, Microwave, Oven, Refrigerator
  • Owner Pays: Exterior Maintenance, Management
  • Basement YN: No
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Door Features: Screen Door(s)
  • Living Area: 2520

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Construction Type: Wood
  • Patio And Porch Features: Front Porch, Rear Porch, Screened

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Parking Features: Driveway, On Street, Parking Space(s)

Utilities

  • Heating: Baseboard, Electric
  • Sewer: Public Sewer
  • Laundry Features: None
  • Security: Carbon Monoxide Detector(s)
  • Cooling: Ceiling Fan(s), Window Unit(s), None
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: None

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 091-095-12
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R5

Rental Info

  • Tenant Pays: All Utilities
  • Pets Allowed: Conditional

Multi Family

  • Number Of Units Total: 4

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2023
Closed on
Jan 2, 2024
Sold by
Carolina Blue Sky Property Llc and Bdr Properties Of Charlotte Llc
Bought by
Baur Terence
Seller's Agent
William Orozco
New View Realty Group
Buyer's Agent
Cheryl Littlefield
Real Broker, LLC
List Price
$700,000
Sold Price
$660,000
Premium/Discount to List
-$40,000
-5.71%
Views
255
Current Estimated Value
$700,681

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,681
Avg. Annual Appreciation
2.60%
Original Mortgage
$495,000
Outstanding Balance
$478,040
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$222,641

Purchase Details

Listed on
Nov 20, 2019
Closed on
Jan 20, 2020
Sold by
B Stikeleather Llc
Bought by
Carolina Blue Sky Property Llc and Bdr Properties Of Charlotte Llc
Seller's Agent
Richard Stikeleather
Stikeleather Realty
Buyer's Agent
Kevin Brown
Charlotte Living Realty
List Price
$349,900
Sold Price
$335,000
Premium/Discount to List
-$14,900
-4.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.73%
Original Mortgage
$382,500
Interest Rate
3.73%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 31, 2013
Sold by
Stikeleather Richard W and Stikeleather Jeanette A
Bought by
B Stikeleather Llc

Purchase Details

Closed on
Apr 28, 1993
Bought by
Stikeleather Richard W
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Baur Terence $660,000 None Listed On Document
Baur Terence $660,000 None Listed On Document
Carolina Blue Sky Property Llc $335,000 None Available
Carolina Blue Sky Property Llc $335,000 None Available
B Stikeleather Llc -- None Available
B Stikeleather Llc -- None Available
Stikeleather Richard W -- --
Stikeleather Richard W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baur Terence $495,000
Previous Owner Carolina Blue Sky Property Llc $382,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/05/2024 01/05/24 Sold $660,000 -5.7% $262 / Sq Ft
12/01/2023 12/01/23 Pending -- -- --
10/11/2023 10/11/23 For Sale $700,000 0.0% $278 / Sq Ft
10/08/2021 10/08/21 Rented $925 0.0% --
09/22/2021 09/22/21 For Rent $925 0.0% --
01/24/2020 01/24/20 Sold $335,000 -4.3% $133 / Sq Ft View Prior Sale
11/25/2019 11/25/19 Pending -- -- --
11/20/2019 11/20/19 For Sale $349,900 -- $139 / Sq Ft
Source: Canopy MLS

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 $3,722 $410,400 $406,300 $4,100
2024 $3,722 $410,400 $406,300 $4,100
2023 $3,567 $410,400 $406,300 $4,100
2022 $3,868 $348,800 $340,000 $8,800
2021 $3,824 $348,800 $340,000 $8,800
2020 $3,795 $348,800 $340,000 $8,800
2019 $1,815 $363,700 $340,000 $23,700
2018 $1,917 $123,700 $100,000 $23,700
2017 $1,853 $123,700 $100,000 $23,700
2016 $1,815 $123,700 $100,000 $23,700
2015 -- $133,000 $100,000 $33,000
2014 $1,956 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • William Orozco

    Seller's Agent in 2024

    William Orozco

    New View Realty Group

    (704) 906-5308

    1 in this area

    51 Total Sales

    William Orozco
    Section Image
  • Cheryl Littlefield

    Buyer's Agent in 2024

    Cheryl Littlefield

    Real Broker, LLC

    (704) 564-2942

    3 in this area

    50 Total Sales

    Cheryl Littlefield
    Section Image

  • R

    Seller's Agent in 2020

    Richard Stikeleather

    Stikeleather Realty

    (704) 617-5602

    1 in this area

    32 Total Sales

    Richard Stikeleather
    Section Image

  • R

    Seller Co-Listing Agent in 2020

    Randy Lewis

    Cross Keys LLC

    (704) 913-7463

    Randy Lewis
    Section Image
  • Kevin Brown

    Buyer's Agent in 2020

    Kevin Brown

    Charlotte Living Realty

    (704) 648-8247

    19 Total Sales

    Kevin Brown
    Section Image
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Map

Source: Canopy MLS

MLS Number: 4076305

Canopy MLS

APN: 091-095-12

North Carolina Mecklenburg County Charlotte 28205 North Charlotte

922 Academy St, Charlotte, NC

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Canopy MLS All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID
Listings courtesy of Canopy MLS as distributed by MLS GRID

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