NOT LISTED FOR SALE

9544 University Terrace Dr Unit J Charlotte, NC 28262

Harris-Houston Neighborhood

Estimated Value: $250,000 - $271,000

4 Beds
2 Baths
1,096 Sq Ft
$220/mo HOA Fee

Last Sold November 26, 2019

Last sale price $160,000 $146 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $1,810/month

19 Days on Market

About This Home

As of November 2019

Great investment opportunity with tenants in place. 4 Bedroom, 2 full baths. Water proofing Laminate Vinyl Tile (LVT) floor for the whole unit is only 2 years old, Right across the street from UNCC. Never had any vacancy. Always stayed occupied. Security cameras on all buildings. 4 parking spaces per unit. HOA includes TV and Internet. WiFi thermostat allows your to monitor the use of HVAC. Tenants occupied till August 2020. Due to the close proximity to the campus, not very many investor opportunities exist.

Last Agent to Sell the Property

Steve Toop

United Brokers Ltd License #130828 Listed on: 10/02/2019

Last Buyer's Agent

Wendy Reid

ProStead Realty License #289098

ProStead Realty

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1993

HOA Fees

  • $220 Monthly HOA Fees

Parking

  • 4

Home Design

  • Slab Foundation
  • Vinyl Siding

Additional Features

  • 2 Full Bathrooms
  • Shed

Community Details

  • William Douglas Association, Phone Number (704) 347-8900

Listing and Financial Details

  • Assessor Parcel Number 051-333-81

Property Details

Home Type

Condominium

Year Built

Built in 1993

Lot Details

0

HOA Fees

$220 per month

Parking

4

Listing Details

  • Property Type: Condo/Townhouse
  • Property Sub Type: 1 Story
  • Ratio Close Price By List Price: 0.91429
  • Ratio Close Price By Original Li: 0.91429
  • Ratio Current Price By Sq Ft: 145.99
  • Unit Floor Level: 3
  • Year Built: 1993
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Slab
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 4
  • Entry Level: Upper
  • Equipment: Dryer, Refrigerator, Washer
  • H O A Management Phone: 704-347-8900
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 1096
  • Total Sq Ft: 1096
  • Sq Ft Unheated Main: 100
  • Sq Ft Unheated Total: 100

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built
  • Exterior Features: Shed(s)

Garage/Parking

  • Driveway: Asphalt
  • Parking: Garage - 4+ Car

Utilities

  • Heating: Central Air, Heat Pump - Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee: 220.00
  • Association Fee Frequency: Monthly
  • Complex Name: University Terrace
  • HOA Management Company: william douglas
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: University Meadows
  • Middle School: James Martin
  • High School: Julius L. Chambers

Lot Info

  • Parcel Number: 051-333-81
  • Plat Reference Section Pages: 888
  • Zoning Specification: R12MFCD

Tax Info

  • Tax Value: 71400.00
  • Tax Location: Mecklenburg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2019
Closed on
Nov 25, 2019
Sold by
Neal Llc
Bought by
Aguduru Krishna
Seller's Agent
Steve Toop
United Brokers Ltd
Buyer's Agent
Wendy Reid
ProStead Realty
List Price
$175,000
Sold Price
$160,000
Premium/Discount to List
-$15,000
-8.57%
Total Days on Market
19
Current Estimated Value
$256,865

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,865
Avg. Annual Appreciation
8.99%
Original Mortgage
$142,500
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 20, 2014
Sold by
Simpson Jep B and Simpson Jennifer Renee
Bought by
Neal Llc

Purchase Details

Closed on
May 28, 2004
Sold by
Andrews Lula and Georgiou Jimmy
Bought by
Simpson Jep and Simpson Jennifer Renee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,350
Interest Rate
5.88%
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
Aguduru Krishna $160,000 None Available
Neal Llc $78,000 Chicago Title Insurance Co
Simpson Jep $55,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aguduru Krishna $131,473
Closed Aguduru Krishna $142,500
Previous Owner Huggins Michelle B $16,000
Previous Owner Simpson Jep $53,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/26/2019 11/26/19 Sold $160,000 -8.6% $146 / Sq Ft
10/21/2019 10/21/19 Pending -- -- --
10/02/2019 10/02/19 For Sale $175,000 -- $160 / 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 $1,829 $222,500 $0 $222,500
2022 $1,051 $93,200 $0 $93,200
2021 $899 $93,200 $0 $93,200
2020 $1,033 $93,200 $0 $93,200
2019 $1,017 $93,200 $0 $93,200
2018 $1,030 $71,400 $11,300 $60,100
2017 $1,007 $71,400 $11,300 $60,100
2016 $998 $71,400 $11,300 $60,100
2015 $986 $71,400 $11,300 $60,100
2014 $976 $71,400 $11,300 $60,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3556076

Canopy MLS (Canopy Realtor® Association)

APN: 051-333-81