NOT LISTED FOR SALE

Estimated Value: $1,230,000 - $1,300,000

1.27 Acres
$996,781 Price per Acre
55,321 Sq Ft Lot

Last Sold October 18, 2024

Last sale price $1,275,000 $533 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $7,396/month

8 Days on Market

About This Lot

As of October 2024

This home is located at 3227 Fairfax Dr, Charlotte, NC 28209 since 22 August 2024 and is currently estimated at $1,265,912, approximately $529 per square foot. This property was built in 1950. 3227 Fairfax Dr is a home located in Mecklenburg County with nearby schools including Selwyn Elementary, Alexander Graham Middle, and Myers Park High.

Last Listed By

Mayson Petty

Kelso Properties LLC Brokerage Email: mpetty@kelsoproperties.com License #254307 Listed on: 08/22/2024

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,975

Year Built

  • 1950

Lot Details

  • Possible uses of the property include Residential
  • Property is zoned N1-A

Schools

  • Selwyn Elementary School
  • Alexander Graham Middle School
  • Myers Park High School

Listing and Financial Details

  • Assessor Parcel Number 17510207

Property Details

Property Type

Land

Est. Annual Taxes

$3,975

Year Built

1950

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Lot
  • Habitable Residence Yn: No
  • Restrictions: N/A
  • Road Surface Type: Paved
  • ResoPropertyType: Land
  • Geocode Confidence: High
  • Attribution Contact: mpetty@kelsoproperties.com
  • Special Features: None
  • Year Built: 1950

Interior Features

  • Possible Use: Residential

Exterior Features

  • Water Body Name: Creek
  • Waterfront Features: None

Garage/Parking

  • Carport Y N: No
  • Open Parking: No

Utilities

  • Sewer: Public Sewer
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Alexander Graham
  • HOA Subject To: None

Lot Info

  • Lot Features: Flood Plain/Bottom Land
  • Lot Size Area: 1.277
  • Lot Size Units: Acres
  • Parcel Number: 17510207
  • ResoLotSizeUnits: Acres
  • Zoning Specification: N1-A

MLS Schools

  • Elementary School: Selwyn
  • High School: Myers Park

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2024
Closed on
Oct 17, 2024
Sold by
Ricks Collin and Ricks Deborah
Bought by
Reeece Aaron and Reece Erin Learn
Seller's Agent
Mayson Petty
Kelso Properties LLC
Buyer's Agent
Mayson Petty
Kelso Properties LLC
List Price
$1,350,000
Sold Price
$1,275,000
Premium/Discount to List
-$75,000
-5.56%
Total Days on Market
8
Views
6
Current Estimated Value
$1,265,912

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,088
Avg. Annual Appreciation
-5.77%
Original Mortgage
$956,000
Outstanding Balance
$882,818
Interest Rate
6.09%
Mortgage Type
Balloon
Estimated Equity
$353,366

Purchase Details

Listed on
Feb 14, 2020
Closed on
Mar 25, 2020
Sold by
Barofsky David Andrew and Barofsky Kelly
Bought by
Ricks Collin
Seller's Agent
David Barofsky
NorthGroup Real Estate LLC
Buyer's Agent
Non Member
Canopy Administration
List Price
$550,000
Sold Price
$560,000
Premium/Discount to List
$10,000
1.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.82%

Purchase Details

Listed on
Dec 2, 2016
Closed on
Jan 31, 2017
Sold by
Neustel Sandra B
Bought by
Barofsky David A
Seller's Agent
Kevin Geyer
Keller Williams South Park
Buyer's Agent
Julie Wall-Burris
Lilac Realty LLC
List Price
$525,000
Sold Price
$525,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.08%
Original Mortgage
$393,750
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 1, 2009
Sold by
Williams Joseph L and Williams Elise L K
Bought by
Neustel Sandra B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,800
Interest Rate
5.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 3, 2005
Sold by
Williams Joseph L
Bought by
Williams Joseph L and Williams Elise L K

Range of Values:

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Average Value
Not Available
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
Reeece Aaron $1,275,000 None Listed On Document
Ricks Collin $560,000 Investors Title Insurance Co
Barofsky David A $525,000 Investors Title Ins Co
Neustel Sandra B $341,000 Providence Title Agency Llc
Williams Joseph L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reeece Aaron $956,000
Previous Owner Barofsky David A $330,000
Previous Owner Barofsky David A $393,750
Previous Owner Neustel Sandra B $269,000
Previous Owner Neustel Sandra B $272,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2024 10/18/24 Sold $1,275,000 -5.6% $533 / Sq Ft
08/30/2024 08/30/24 Pending -- -- --
08/22/2024 08/22/24 For Sale $1,350,000 +141.1% $565 / Sq Ft
04/01/2020 04/01/20 Sold $560,000 +1.8% $214 / Sq Ft
02/17/2020 02/17/20 Pending -- -- --
02/14/2020 02/14/20 For Sale $550,000 +4.8% $210 / Sq Ft
02/09/2017 02/09/17 Sold $525,000 0.0% $193 / Sq Ft
12/13/2016 12/13/16 Pending -- -- --
12/02/2016 12/02/16 For Sale $525,000 0.0% $193 / Sq Ft
11/07/2014 11/07/14 Rented $1,950 0.0% --
10/20/2014 10/20/14 Under Contract -- -- --
10/09/2014 10/09/14 For Rent $1,950 -- --
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 $3,975 $529,000 $529,000 $0
2022 $3,801 $385,000 $385,000 $0
2021 $5,419 $561,600 $385,000 $176,600
2020 $5,411 $549,600 $385,000 $164,600
2019 $5,395 $549,600 $385,000 $164,600
2018 $4,777 $358,500 $220,500 $138,000
2017 $4,703 $358,500 $220,500 $138,000
2016 $4,694 $358,500 $220,500 $138,000
2015 $4,682 $358,500 $220,500 $138,000
2014 $4,691 $360,400 $213,800 $146,600
Source: Public Records

Agents Affiliated with this Home

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Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4174258

Canopy MLS (Canopy Realtor® Association)

APN: 175-102-07