1319 Cathey Rd Charlotte, NC 28214
Coulwood Hills NeighborhoodEstimated payment $2,679/month
Highlights
- 0.75 Acre Lot
- Wood Flooring
- Covered Patio or Porch
- Paw Creek Elementary School Rated 9+
- Community Pool
- Separate Outdoor Workshop
About This Home
INVESTOR OPPORTUNITY WITH MAJOR UPSIDE!
This expansive 2,800 sq ft ranch + SHOP offers incredible potential for the savvy investor, builder, or renovator. Featuring 3 bedrooms, 2 bathrooms, and a spacious bonus/entertainment room, the layout provides a strong foundation for a high-value transformation, the house could EASILY BE MADE A 4 Bedroom (its practically setup as a 4 bedroom but just needs a small wall and a door. The property includes an attached 1-car garage plus a large, detached shop with driveway—perfect for car enthusiasts, woodworkers, or those operating a home-based business. Ideally located directly across from Paw Creek Elementary, and just minutes to I-485, Charlotte Douglas International Airport, and Uptown Charlotte, this property offers both convenience and long-term value. Optional access to the Coulwood community pool adds additional appeal. Zoned N1-A (buyer to verify with the City of Charlotte), this parcel presents excellent redevelopment potential, with the possibility for multiple homes, duplexes, or triplexes. Important Notes: Property does have significant termite damage affecting the front two bedrooms and living room (including floor joists, subflooring, and portions of the sill plate). Sold AS-IS, with pricing reflective of condition. ARV could be over $600k. CASH, FHA 203k Renovation Loan, or Hard Money Lender
Listing Agent
Francis Real Estate Group, Inc Brokerage Email: Zach@FrancisTeam.com License #238957 Listed on: 04/09/2026
Home Details
Home Type
- Single Family
Year Built
- Built in 1958
Lot Details
- 32,670 Sq Ft Lot
- Back Yard Fenced
- Level Lot
- Property is zoned N1-A
Parking
- 4 Car Attached Garage
- Workshop in Garage
Home Design
- Architectural Shingle Roof
- Stone Siding
- Four Sided Brick Exterior Elevation
Interior Spaces
- 2,810 Sq Ft Home
- 1-Story Property
- Great Room with Fireplace
- Living Room with Fireplace
- Crawl Space
- Home Security System
Kitchen
- Gas Cooktop
- Dishwasher
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry Room
- Electric Dryer Hookup
Outdoor Features
- Covered Patio or Porch
- Separate Outdoor Workshop
- Outbuilding
Utilities
- Central Heating and Cooling System
- Ductless Heating Or Cooling System
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 031-049-11
Community Details
Overview
- Property has a Home Owners Association
- Coulwood Subdivision
Recreation
- Community Pool
Map
Home Values in the Area
Average Home Value in this Area
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 | -- | $373,700 | $77,000 | $296,700 |
| 2024 | -- | $373,700 | $77,000 | $296,700 |
| 2023 | -- | $373,700 | $77,000 | $296,700 |
| 2022 | $2,274 | $235,600 | $44,000 | $191,600 |
| 2021 | $2,388 | $235,600 | $44,000 | $191,600 |
| 2020 | $2,274 | $235,600 | $44,000 | $191,600 |
| 2019 | $2,365 | $235,600 | $44,000 | $191,600 |
| 2018 | $2,604 | $192,900 | $35,000 | $157,900 |
| 2017 | $2,560 | $192,900 | $35,000 | $157,900 |
| 2016 | $2,550 | $192,900 | $35,000 | $157,900 |
| 2015 | $2,539 | $192,900 | $35,000 | $157,900 |
| 2014 | $2,540 | $0 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/09/2026 04/09/26 | For Sale | $425,000 | -- | $151 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $122,500 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $121,166 | FHA |
Source: Canopy MLS
MLS Number: 4366814
APN: 031-049-11
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Ask me questions while you tour the home.