J
Seller's Agent in 2021
Jacqui Reichwein
Better Homes and Gardens Real Estate Paracle
(704) 912-4020
3 in this area
34 Total Sales
9620 Longstone Ln Unit C Charlotte, NC 28277
Ballantyne NeighborhoodEstimated Value: $472,000 - $822,000
3
Beds
0.5
Bath
2,600
Sq Ft
$316/mo
HOA Fee
About This Home
As of August 2021COMMERCIAL downstairs, RESIDENTIAL upstairs. Tons of potential in this unique to Charlotte property. Great for investors, entrepreneurs, small business owners, etc. Run your business out of your downstairs, live upstairs or rent half, use half or rent the whole thing. Downstairs tenant is currently utilizing space for her salon business $2,250/month rent. Lease ends in April 30, 2022, tenant is interested in potentially extending lease. Upstairs, top 2 floors, is rented month to month with the current rent at $1,795/month. Previous rents upstairs were up to $1,975. Current rental rates are below market and have potential to produce more income.
Last Agent to Sell the Property
Better Homes and Gardens Real Estate Paracle License #220189 Listed on: 06/16/2021
Property Details
Home Type
- Condominium
Year Built
- Built in 2008
Lot Details
- 1,655
HOA Fees
- $316 Monthly HOA Fees
Home Design
- Slab Foundation
Interior Spaces
- 0.5 Bathroom
- 3-Story Property
Community Details
- Hawthorne Management Association, Phone Number (704) 377-0114
Listing and Financial Details
- Assessor Parcel Number 223-082-26
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 16, 2021
Closed on
Aug 10, 2021
Sold by
Newton George T and Newton Tara L
Bought by
Beyond Assets Llc
Seller's Agent
Jacqui Reichwein
Better Homes and Gardens Real Estate Paracle
Buyer's Agent
Kara West
COMPASS
List Price
$650,000
Sold Price
$695,000
Premium/Discount to List
$45,000
6.92%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$49,959
Avg. Annual Appreciation
-1.76%
Original Mortgage
$521,250
Outstanding Balance
$474,684
Interest Rate
3%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$170,357
Purchase Details
Closed on
May 17, 2010
Sold by
Ms Cedar Walk Llc
Bought by
Newton George T and Newton Tara L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$309,065
Interest Rate
5.12%
Mortgage Type
FHA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Beyond Assets Llc | $695,000 | None Available | |
| Newton George T | $323,500 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Beyond Assets Llc | $521,250 | |
| Previous Owner | Newton George T | $309,065 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/10/2021 08/10/21 | Sold | $695,000 | +6.9% | $267 / Sq Ft |
| 07/02/2021 07/02/21 | Pending | -- | -- | -- |
| 06/16/2021 06/16/21 | For Sale | $650,000 | -- | $250 / Sq Ft |
Source: Canopy MLS (Canopy Realtor® Association)
Tax History Compared to Growth
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 | $3,477 | $452,700 | $75,000 | $377,700 |
| 2024 | $3,477 | $452,700 | $75,000 | $377,700 |
| 2023 | $3,477 | $452,700 | $75,000 | $377,700 |
| 2022 | $3,109 | $318,100 | $56,300 | $261,800 |
| 2021 | $3,070 | $318,100 | $56,300 | $261,800 |
| 2020 | $3,109 | $318,100 | $56,300 | $261,800 |
| 2019 | $3,103 | $318,100 | $56,300 | $261,800 |
| 2018 | $3,913 | $296,200 | $41,000 | $255,200 |
| 2017 | $3,858 | $296,200 | $41,000 | $255,200 |
| 2016 | $3,855 | $296,200 | $41,000 | $255,200 |
| 2015 | $3,851 | $296,200 | $41,000 | $255,200 |
| 2014 | $3,843 | $296,200 | $41,000 | $255,200 |
Source: Public Records
Agents Affiliated with this Home
-
Jacqui Reichwein
-
Kara West
Buyer's Agent in 2021
Kara West
COMPASS
(704) 222-3084
3 in this area
107 Total Sales
Map
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: CAR3751091
APN: 223-082-26
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