NOT LISTED FOR SALE

9551 University Terrace Dr Unit J Charlotte, NC 28262

Harris-Houston Neighborhood

Estimated Value: $252,000 - $273,000

4 Beds
2 Baths
1,075 Sq Ft
$220/mo HOA Fee

Last Sold August 18, 2021

Last sale price $185,000 $172 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $1,839/month

14 Days on Market

About This Home

As of August 2021

Hurry! Investment property opportunity to bring in some cash flow! This is a great floor plan
for 4 students. Offering 4 bedrooms and 2 full baths. The washer and dryer will convey with the sale.
Shared kitchen and living space along with balcony and additional storage. This property is located directly across from UNCC campus.
All units are currently leased at around $450/month each (includes cable/internet and water) tenants responsible for electric bill only. This community is well maintained by HOA. Seller selling as is never lived in the home. Owners are licensed.

Last Listed By

Ken Ernst

NorthGroup Real Estate LLC License #101487 Listed on: 07/01/2021

NorthGroup Real Estate LLC

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1992

Lot Details

  • 0.5

HOA Fees

  • $220 Monthly HOA Fees

Home Design

  • Slab Foundation

Additional Features

  • Vinyl Plank Flooring
  • 2 Full Bathrooms

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 05133357

Property Details

Home Type

Condominium

Year Built

Built in 1992

Lot Details

0

HOA Fees

$220 per month

Listing Details

  • Property Type: Condo/Townhouse
  • Property Sub Type: 1 Story
  • Ratio Close Price By List Price: 0.92500
  • Ratio Close Price By Original Li: 0.92500
  • Ratio Current Price By Sq Ft: 172.09
  • Unit Floor Level: 1
  • Year Built: 1992
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Slab
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 4
  • Entry Level: Main
  • Equipment: Dishwasher, Disposal, Dryer, Electric Oven, Refrigerator, Washer
  • Flooring: Vinyl Plank
  • H O A Management Phone: 704-347-8900
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 1075
  • Total Sq Ft: 1075

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built

Garage/Parking

  • Parking: Parking Space - 4+

Utilities

  • Heating: Central Air
  • 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: Unspecified

Lot Info

  • Parcel Number: 05133357
  • Zoning Specification: .

Tax Info

  • Tax Value: 99800.00
  • Tax Location: Mecklenburg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2021
Closed on
Aug 18, 2021
Sold by
Zacher Gregory S and Zacher Laurie A
Bought by
Singh Anilkumar Ramjyawan
Seller's Agent
Ken Ernst
NorthGroup Real Estate LLC
Buyer's Agent
Megan McCann
Coldwell Banker Realty
List Price
$200,000
Sold Price
$185,000
Premium/Discount to List
-$15,000
-7.5%
Total Days on Market
14
Current Estimated Value
$259,937

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,937
Avg. Annual Appreciation
9.33%
Original Mortgage
$123,750
Outstanding Balance
$113,974
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$145,168

Purchase Details

Listed on
Nov 20, 2019
Closed on
Dec 10, 2019
Sold by
Reyes Juan Carlos and Reyes Shannon
Bought by
Zacher Gregory S and Zacher Laurie A
Seller's Agent
John Martin
Southern Homes of the Carolinas, Inc
Buyer's Agent
Laurie Zacher
NorthGroup Real Estate LLC
List Price
$175,000
Sold Price
$175,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.40%
Original Mortgage
$131,250
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 17, 2000
Sold by
Webb George W
Bought by
Reyes Juan Carlos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,913
Interest Rate
8.29%
Mortgage Type
FHA

Range of Values:

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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
Singh Anilkumar Ramjyawan $185,000 Austin Title Llc
Zacher Gregory S $175,000 None Available
Reyes Juan Carlos $70,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Singh Anilkumar Ramjyawan $123,750
Previous Owner Zacher Gregory S $131,250
Previous Owner Reyes Juan Carlos $68,913
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2021 08/18/21 Sold $185,000 -7.5% $172 / Sq Ft
07/15/2021 07/15/21 Pending -- -- --
07/01/2021 07/01/21 For Sale $200,000 0.0% $186 / Sq Ft
04/28/2020 04/28/20 Rented $1,395 0.0% --
03/23/2020 03/23/20 Price Changed $1,395 -17.7% $1 / Sq Ft
02/24/2020 02/24/20 For Rent $1,695 0.0% --
12/20/2019 12/20/19 Sold $175,000 0.0% $160 / Sq Ft
11/20/2019 11/20/19 Pending -- -- --
11/20/2019 11/20/19 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 $1,968 $240,748 $0 $240,748
2022 $1,116 $99,800 $0 $99,800
2021 $1,105 $99,800 $0 $99,800
2020 $1,098 $93,200 $0 $93,200
2019 $1,017 $93,200 $0 $93,200
2018 $1,021 $70,700 $11,300 $59,400
2017 $998 $70,700 $11,300 $59,400
2016 $988 $70,700 $11,300 $59,400
2015 $977 $70,700 $11,300 $59,400
2014 $967 $70,700 $11,300 $59,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3757647

Canopy MLS (Canopy Realtor® Association)

APN: 051-333-57