$3,490,000
$9M PRICE DROP

Estimated payment $21,562/month

Total Views 25,682
8 Beds
7 Baths
9,286 Sq Ft
$376 Price per Sq Ft

Highlights

  • Laundry Room
  • 3-minute walk to Bland Street
  • Forced Air Heating and Cooling System
  • Dilworth Elementary School: Latta Campus Rated A-
  • Four Sided Brick Exterior Elevation
  • 8 Car Garage

About This Home

Discover urban perfection at the Historic Lance Building factory South in South End. This rare gem offers eight connected luxury lofts within a century-old building, providing authentic and spacious loft living in Charlotte's coveted area. With tow story 10,000 sq ft condos boasting 14-ft ceilings, these spaces are ideal for personalized residences or versatile offices. Each loft showcases artful design, exposed wood beams, brick walls, hardwood floors, and seven baths. Convenience is key, with eight covered parking spaces for each unit. In one of Charlotte's hottest areas, enjoy quick access to Uptown's energy and walkability to restaurants, stadiums, shops, and galleries. Proximity to the airport caters to travel needs. Own a piece of Charlotte's history coupled with contemporary luxury. Whether for a unique residence or dynamic office space, the Historic Lance Building Factory South seamlessly blends history and modernity. Elevate your lifestyle with this distinctive offering.

Listing Agent

Victoria Speer

Coldwell Banker Realty Brokerage Email: victoria@MillionDollarListingQueen.com License #251556

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,899

Year Built

  • Built in 1920

HOA Fees

  • $1,840 Monthly HOA Fees

Parking

  • 8 Car Garage
  • 8 Assigned Parking Spaces

Home Design

  • Slab Foundation
  • Built-Up Roof
  • Rubber Roof
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 2-Story Property
  • Laundry Room

Kitchen

  • Electric Oven
  • Electric Range
  • Plumbed For Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 7 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • Meca Association
  • Factory South Condos
  • Factory South Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 123-037-23

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,899

Year Built

Built in 1920

Lot Details

0

HOA Fees

$1,840 per month

Parking

8

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 1920
  • Road Surface Type: Asphalt, Concrete, Paved
  • Unit Levels: Two
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 375.83
  • Property Sub Type Additional: Live/Work
  • Bedroom Lower: 3
  • Geocode Confidence: High
  • Attribution Contact: victoria@MillionDollarListingQueen.com
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Entry Level: 3
  • Fireplace: No
  • Lower Level Sq Ft: 3433
  • Main Level Sq Ft: 0
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 5853
  • Appliances: Dishwasher, Disposal, Electric Oven, Electric Range, Electric Water Heater, Plumbed For Ice Maker
  • Above Grade Finished Sq Ft: 9286
  • Basement YN: No
  • Full Bathrooms: 7
  • Total Bedrooms: 8
  • Living Area: 9286
  • Bedroom Main: 0
  • Room Count: 19

Exterior Features

  • Exterior Features: Storage
  • New Construction: No
  • Roof: Built-Up, Rubber
  • Construction Type: Site Built
  • Waterfront Elevation: 1000
  • Construction Type: Brick Full

Garage/Parking

  • Main Level Garage YN: 1
  • Carport Y N: No
  • Garage Spaces: 8
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Assigned
  • Assigned Spaces: 8

Utilities

  • Heating: Electric, Forced Air
  • Sewer: Public Sewer
  • Laundry Features: Main Level
  • Cooling: Central Air
  • Water Source: City

Condo/Co-op/Association

  • Association Fee: 1840.2
  • Association Fee Frequency: Monthly
  • Hoa Subject To Dues: Mandatory
  • Complex Name: Factory South
  • Senior Community: No
  • Association Name: MECA
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Association Annual Expense: 22082.40

Schools

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

Lot Info

  • Parcel Number: 123-037-23
  • Land Included Yn: 0
  • Additional Parcels Description: 12303725, 12303758, 12303759, 12303752, 12303754, 12303756, 12303727
  • Zoning Specification: UMUD

Green Features

  • Green Verification Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

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

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 $2,899 $362,447 $0 $362,447
2022 $2,848 $271,200 $0 $271,200
2021 $2,837 $271,200 $0 $271,200
2020 $2,830 $271,200 $0 $271,200
2019 $2,814 $271,200 $0 $271,200
2018 $2,179 $152,700 $50,000 $102,700
2017 $2,142 $152,700 $50,000 $102,700
2016 $2,132 $152,700 $50,000 $102,700
2015 $2,121 $152,700 $50,000 $102,700
2014 $2,102 $152,700 $50,000 $102,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/02/2025 04/02/25 Price Changed $1,499,000 -20.7% $434 / Sq Ft
02/14/2025 02/14/25 For Sale $1,890,000 -45.8% $548 / Sq Ft
11/02/2024 11/02/24 Price Changed $3,490,000 -25.6% $376 / Sq Ft
10/18/2024 10/18/24 Price Changed $4,690,000 -63.6% $505 / Sq Ft
09/30/2024 09/30/24 For Sale $12,900,000 -- $1,389 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Deed History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Chicago Title Insurance Co
Warranty Deed $138,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,900,000 Commercial
Previous Owner $232,000 Purchase Money Mortgage
Source: Public Records

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Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4187736

Canopy MLS (Canopy Realtor® Association)

APN: 123-037-23