NOT LISTED FOR SALE

Estimated Value: $787,000 - $802,000

4 Beds
2 Baths
2,021 Sq Ft
$394/Sq Ft Est. Value

Last Sold November 01, 2024

Last sale price $800,000 $396 Per Sq Ft

Current estimated payment $4,916/month

393 Days on Market

Highlights

  • Wood Flooring
  • Lawn
  • Living Room
  • Dilworth Elementary School: Latta Campus Rated A-
  • Front Porch
  • Laundry Room

About This Home

As of November 2024

* INVESTORS * UNIQUE OPPORTUNITY to own a charming income producing DUPLEX in the desirable DILWORTH/Freedom park area. This property has an outstanding return on investment history (15% annual ROI) Many use options for this property might include- standard duplex rental, live in one side & rent the other side, renovate, expand, or build a new single family home. (Consult County zoning for desired use.) The tenants have recently vacated to allow for property showings and the new buyer's immediate use as they choose. Each unit has 2 bedrooms, 1 bath and beautiful solid hardwood floors. The owner has maintained the property well along with many updates. Located within walking distance to restaurants, shopping, Freedom Park, Latta Park and South End. Minutes from downtown, all sports arenas, the airport & major Hwys. Schools are among the best in the area. Please contact the listing agent for all questions including request for financials and rent information.

Last Listed By

Frank Lee

Greater Charlotte Properties Brokerage Email: Frank@GreaterCharlotteProperties.com License #118574 Listed on: 09/12/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,628

Year Built

  • Built in 1956

Lot Details

  • Lot Dimensions are 53x144x59x114
  • Partially Fenced Property
  • Lawn

Home Design

  • Duplex
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 2,021 Sq Ft Home
  • Property has 1 Level
  • Living Room
  • Crawl Space
  • Pull Down Stairs to Attic

Kitchen

  • Electric Oven
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • Driveway

Schools

  • Dilworth Latta Campus/Dilworth Sedgefield Campus Elementary School
  • Sedgefield Middle School
  • Myers Park High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • More Than Two Accessible Exits
  • Front Porch

Community Details

  • Dilworth Subdivision

Listing and Financial Details

  • Tenant pays for all utilities, electricity, gas, water
  • The owner pays for exterior maintenance
  • Assessor Parcel Number 151-022-03

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,628

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Architectural Style: Ranch
  • Year Built: 1956
  • Road Surface Type: Concrete, Paved
  • ResoPropertyType: ResidentialIncome
  • Geocode Confidence: High
  • Attribution Contact: Frank@GreaterCharlotteProperties.com
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: No
  • Flooring: Vinyl, Wood
  • Interior Amenities: Attic Stairs Pulldown
  • Sq Ft Unheated Basement: 0
  • Room Other: Primary Bedroom,Bedroom(s),Bathroom(s),Kitchen,Living Room
  • Appliances: Dishwasher, Disposal, Dryer, Electric Oven, Gas Water Heater, Refrigerator, Washer
  • Owner Pays: Exterior Maintenance
  • Accessibility Features: Two or More Access Exits
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Door Features: Insulated Door(s)
  • Living Area: 2021
  • Building Stories: 1
  • Sq Ft Other: 0
  • Unit Type Features: Attic Stairs Pulldown,Ceiling Fan(s)
  • Unit Type Features: Attic Stairs Pulldown,Ceiling Fan(s)

Exterior Features

  • Exterior Features: Lawn Maintenance
  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Fencing: Partial
  • Construction Type: Brick Full
  • Patio And Porch Features: Front Porch, Side Porch

Garage/Parking

  • Total Parking Spaces: 4
  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Driveway

Utilities

  • Heating: Forced Air, Natural Gas
  • Sewer: Public Sewer
  • Laundry Features: In Kitchen
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Utilities: Cable Available, Electricity Connected, Gas
  • Water Source: City

Condo/Co-op/Association

  • Hoa Subject To Dues: No
  • Senior Community: No

Schools

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

Lot Info

  • Lot Size Area: 0.15
  • Lot Size Units: Acres
  • Parcel Number: 151-022-03
  • Zoning: N1-C
  • Lot Size: 53x144x59x114
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R5

Green Features

  • Green Verification Count: 1

Rental Info

  • Tenant Pays: All Utilities, Electricity, Gas, Water
  • Pets Allowed: Conditional

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Dilworth Latta Campus/Dilworth Sedgefield Campus
  • High School: Myers Park

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2023
Closed on
Nov 1, 2024
Sold by
Roberts Dan S and Reynolds Barbara Jo
Bought by
Barillas Bryan S Sosa and Barillas Michael Josue
Seller's Agent
Frank Lee
Greater Charlotte Properties
Buyer's Agent
Sasha Davidzenka
Allen Tate SouthPark
List Price
$839,900
Sold Price
$800,000
Premium/Discount to List
-$39,900
-4.75%
Total Days on Market
393
Views
342
Current Estimated Value
$796,699

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,301
Original Mortgage
$640,000
Outstanding Balance
$638,744
Interest Rate
6.09%
Mortgage Type
New Conventional

Range of Values:

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Average Value
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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
Barillas Bryan S Sosa $800,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barillas Bryan S Sosa $640,000
Previous Owner Captain Brown Properties Lp $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2024 11/01/24 Sold $800,000 -2.3% $396 / Sq Ft
09/10/2024 09/10/24 Price Changed $819,000 -0.7% $405 / Sq Ft
05/21/2024 05/21/24 Price Changed $825,000 -1.8% $408 / Sq Ft
09/13/2023 09/13/23 Price Changed $839,900 0.0% $416 / Sq Ft
09/13/2023 09/13/23 For Sale $839,900 -- $416 / 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 $5,628 $755,200 $630,000 $125,200
2022 $4,902 $482,000 $400,000 $82,000
2021 $4,880 $482,000 $400,000 $82,000
2020 $4,866 $482,000 $400,000 $82,000
2019 $4,834 $482,000 $400,000 $82,000
2018 $4,062 $298,400 $270,000 $28,400
2017 $3,988 $298,400 $270,000 $28,400
2016 $3,969 $298,400 $270,000 $28,400
2015 $3,946 $298,400 $270,000 $28,400
2014 $3,911 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4066855

Canopy MLS (Canopy Realtor® Association)

APN: 151-022-03