NOT LISTED FOR SALE

Estimated Value: $284,046 - $322,000

1 Bed
1 Bath
859 Sq Ft
$436/mo HOA Fee

Last Sold February 22, 2024

Last sale price $297,500 $346 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,188/month

18 Days on Market

Highlights

  • City View
  • Open Floorplan
  • Vaulted Ceiling
  • Myers Park High Rated A
  • Contemporary Architecture
  • Terrace

About This Home

As of February 2024

Urban living meets sophistication in this downtown,2 story loft condo. Cathedral ceilings that exude a sense of grandeur. Revel in the spectacular views from the 9th story.
The 19-foot ceilings contribute to a warm, bright, & open atmosphere with an industrial aesthetic.
The great kitchen is a focal point, dining bar peninsula, open to views.
Light floods floor-to-ceiling, wall-to-wall windows. The loft bedroom affords one of the best views in Charlotte, creating a daily spectacle with 50+ nights of visible fireworks from the living room & bedroom.
This residence offers a front-row seat to the city's spectacular growth into the next decade. A streetcar stop is conveniently on the same block. This versatile loft is not just a home; it's an investment opportunity. Rentals are available to any investor with a 30-day minimum lease period. Don't miss the chance to own a piece of the evolving Downtown Charlotte Skyline. Embrace urban sophistication & make this exceptional loft your own!

Last Agent to Sell the Property

Daniel De La Portilla

RE/MAX Executive Brokerage Email: DD@remax.net License #244710 Listed on: 01/12/2024

RE/MAX Executive

Last Buyer's Agent

Frank Uher

Keller Williams Connected License #123029

Keller Williams Connected

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,986

Year Built

  • Built in 2001

Lot Details

  • 5,750

HOA Fees

  • $436 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Modern Architecture
  • Entry on the 5th floor
  • Flat Roof Shape
  • Brick Exterior Construction
  • Slab Foundation
  • Metal Siding

Interior Spaces

  • 5-Story Property
  • Open Floorplan
  • Wired For Data
  • Vaulted Ceiling
  • Insulated Windows
  • Window Treatments
  • Intercom
  • Laundry Room

Kitchen

  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Covered Patio or Porch
  • Terrace

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 078-125-33

Community Details

Overview

  • Meca Association
  • Mid-Rise Condominium
  • Gateway Lofts Condos
  • Gateway Lofts Subdivision
  • Mandatory home owners association

Recreation

  • Trails

Additional Features

  • Fire Sprinkler System
  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,986

Year Built

Built in 2001

Lot Details

0

HOA Fees

$436 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Contemporary, Modern, Other
  • Year Built: 2001
  • Restrictions: Other - See Remarks
  • Road Surface Type: Concrete
  • Unit Levels: 5 Story or more
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 346.33
  • Property Sub Type Additional: Mid-Rise
  • Bedroom Lower: 0
  • Geocode Confidence: High
  • Attribution Contact: DD@remax.net
  • Special Features: None

Interior Features

  • Foundation Details: Slab, Other - See Remarks
  • Entry Level: 5
  • Fireplace: No
  • Flooring: Carpet, Concrete, Tile
  • Interior Amenities: Cable Prewire, Kitchen Island, Open Floorplan, Vaulted Ceiling(s), Other - See Remarks
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 396
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 38
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 38
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 463
  • Appliances: Dishwasher, Electric Cooktop, Microwave, Refrigerator, Other
  • Above Grade Finished Sq Ft: 859
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Door Features: Insulated Door(s)
  • Living Area: 859
  • Window Features: Insulated Window(s), Window Treatments
  • Bedroom Main: 0
  • Room Count: 6
  • Bedroom Basement: 0
  • Bedroom Third: 0

Exterior Features

  • Exterior Features: Elevator, Other - See Remarks
  • New Construction: No
  • Roof: Concrete, Flat
  • Construction Type: Site Built
  • View: City, Long Range, Year Round
  • Waterfront Features: None
  • Construction Type: Brick Partial, Concrete Block, Glass, Metal, Other - See Remarks
  • Other Structures: None
  • Patio And Porch Features: Covered, Porch, Terrace

Garage/Parking

  • Main Level Garage YN: 1
  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Assigned, Attached Garage, Parking Deck, Parking Garage
  • Assigned Spaces: 1

Utilities

  • Heating: Central, Electric
  • Sewer: Public Sewer
  • Laundry Features: In Unit, Laundry Closet, Upper Level
  • Security: Carbon Monoxide Detector(s), Fire Sprinkler System, Intercom, Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Utilities: Cable Available, Electricity Connected, Satellite Internet Available, Wired Internet Available, Other - See Remarks
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Elevator, Street Lights, Walking Trails
  • Association Fee: 436.09
  • Association Fee Frequency: Monthly
  • Hoa Subject To Dues: Mandatory
  • Complex Name: Gateway Lofts
  • Senior Community: No
  • Association Name: MECA
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Association Annual Expense: 5233.08

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: Required

Lot Info

  • Lot Features: Level, Views
  • Parcel Number: 078-125-33
  • Zoning: UMUD
  • Land Included Yn: 0
  • Zoning Specification: UMUD

Rental Info

  • Pets Allowed: Yes

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2024
Closed on
Feb 21, 2024
Sold by
Ison Bryan Kelly and Ison Diane Elizabeth
Bought by
Prime Milton S
Seller's Agent
Daniel De La Portilla
RE/MAX Executive
Buyer's Agent
Frank Uher
Keller Williams Connected
List Price
$311,600
Sold Price
$297,500
Premium/Discount to List
-$14,100
-4.53%
Views
59
Current Estimated Value
$299,012

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,512
Avg. Annual Appreciation
0.31%

Purchase Details

Closed on
Oct 17, 2013
Sold by
Pressley James
Bought by
Ison Bryan Kelly and Ison Diane Elizabeth

Purchase Details

Closed on
May 24, 2002
Sold by
Gateway Lofts Llc
Bought by
Pressley James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,900
Interest Rate
6.98%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Prime Milton S $297,500 None Listed On Document
Ison Bryan Kelly $146,000 None Available
Pressley James $142,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pressley James $134,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/22/2024 02/22/24 Sold $297,500 -4.5% $346 / Sq Ft
01/12/2024 01/12/24 For Sale $311,600 -- $363 / 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
2025 $1,986 $231,427 -- $231,427
2024 $1,986 $231,427 -- $231,427
2023 $2,135 $231,427 $0 $231,427
2022 $2,135 $221,200 $0 $221,200
2021 $2,135 $221,200 $0 $221,200
2020 $2,135 $221,200 $0 $221,200
2019 $2,337 $221,200 $0 $221,200
2018 $2,505 $178,500 $75,000 $103,500
2017 $2,445 $178,500 $75,000 $103,500
2016 -- $178,500 $75,000 $103,500
2015 $2,424 $178,500 $75,000 $103,500
2014 -- $178,500 $75,000 $103,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4099256

Canopy MLS (Canopy Realtor® Association)

APN: 078-125-33