$735,000
SOLD OCT 10, 2024
8 Beds
8 Baths
4,036 Sq Ft
0.5 Acres

Recently Sold

$182 Per Sq Ft

8% Below List Price

20 Days on Market

Highlights

  • Laundry closet
  • Central Air
  • Wood Burning Fireplace
  • East Mecklenburg High Rated A-
  • Dining Area

About This Home

As of October 2024

Remarkable investment opportunity, on this 4 plex individual standing building. All units are currently rented and are 2 beds, 1 full and 1 half baths. Please DO NOT DISTURB TENANTS. No showings until accepted offer. Can provide rent roll to serious inquiries. Property is being Sold-As-Is.
This sale includes 1718 , 1720 , 1722 , 1724 Village Lake Drive. Parcel ids are as follow: 19107133 , 19107134 , 19107135 , 19107136

Last Agent to Sell the Property

Peggy Peterson

Corcoran HM Properties Brokerage Email: peggypeterson@hmproperties.com License #22813

Corcoran HM Properties

Co-Listed By

Michael Emig

Corcoran HM Properties Brokerage Email: peggypeterson@hmproperties.com License #259109

Last Buyer's Agent

Alex Hall

Stephen Cooley Real Estate License #308205

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,011

Year Built

  • Built in 1982

Home Design

  • Hardboard

Interior Spaces

  • 4,036 Sq Ft Home
  • Property has 2 Levels
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Dining Area
  • Crawl Space
  • Laundry closet

Kitchen

  • Electric Oven
  • Electric Cooktop

Bedrooms and Bathrooms

  • 8 Bedrooms

Schools

  • Greenway Park Elementary School
  • Mcclintock Middle School
  • East Mecklenburg High School

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • Village Croft Subdivision

Listing and Financial Details

  • Tenant pays for all except water
  • The owner pays for exterior maintenance
  • Assessor Parcel Number 191-071-33

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,011

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Fourplex
  • Year Built: 1982
  • Road Surface Type: Asphalt, Paved
  • ResoPropertyType: ResidentialIncome
  • Geocode Confidence: High
  • Attribution Contact: peggypeterson@hmproperties.com
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Room Other: Bedroom(s),Bathroom(s),Kitchen,Living Room,Dining Area
  • Appliances: Electric Cooktop, Electric Oven, Electric Range, Refrigerator
  • Owner Pays: Exterior Maintenance
  • Above Grade Finished Sq Ft: 4036
  • Basement YN: No
  • Full Bathrooms: 4
  • Half Bathrooms: 4
  • Total Bedrooms: 8
  • Fireplace Features: Living Room, Wood Burning
  • Living Area: 4036
  • Building Stories: 2

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Construction Type: Hardboard Siding

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: None

Utilities

  • Heating: Heat Pump
  • Sewer: Public Sewer
  • Laundry Features: Laundry Closet
  • Cooling: Central Air
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: McClintock
  • HOA Subject To: None

Lot Info

  • Lot Size Area: 0.5
  • Lot Size Units: Acres
  • Parcel Number: 191-071-33
  • Additional Parcels Description: 19107133 , 19107134 , 19107135 , 19107136
  • ResoLotSizeUnits: Acres
  • Zoning Specification: N2-B

Green Features

  • Green Verification Count: 0

Rental Info

  • Tenant Pays: All except water
  • Pets Allowed: Call

Multi Family

  • Number Of Units Total: 4

MLS Schools

  • Elementary School: Greenway Park
  • High School: East Mecklenburg

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/10/2024 10/10/24 Sold $735,000 -7.5% $182 / Sq Ft
08/15/2024 08/15/24 For Sale $795,000 -- $197 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $1,011 $118,843 $0 $118,843
2022 $922 $82,500 $0 $82,500
2021 $911 $82,500 $0 $82,500
2020 $903 $82,500 $0 $82,500
2019 $1,150 $109,700 $0 $109,700
2018 $673 $45,700 $7,500 $38,200
2017 $655 $45,700 $7,500 $38,200
2016 -- $45,700 $7,500 $38,200
2015 $634 $45,700 $7,500 $38,200
2014 $626 $50,000 $7,500 $42,500
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $147,000 New Conventional
Closed $147,000 New Conventional
Source: Public Records

Deed History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Warranty Deed $184,000 Investors Title
Warranty Deed $184,000 Investors Title
Interfamily Deed Transfer -- None Available
Source: Public Records

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4170988

Canopy MLS (Canopy Realtor® Association)

APN: 191-071-33