NOT LISTED FOR SALE

Estimated Value: $324,000 - $353,058

4 Beds
3 Baths
2,178 Sq Ft
$154/Sq Ft Est. Value

Last Sold November 25, 2024

Last sale price $330,000 $152 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,290/month

58 Days on Market

About This Home

As of November 2024

***WALKING DISTANCE TO UNCC AND LIGHTRAIL*** Investor - ready, END UNIT Townhome in the sought-after Glenwater at University Place! Property is subject to a lease through July 2025. Over 2000 sqft of living space with 4 bedrooms and a 5th bed/bonus room in the basement. 3 full bathrooms. Please do not disturb student tenants.

Last Listed By

Sherry McNitt McCoy

EXP Realty LLC Ballantyne Brokerage Phone: 704-989-5253 License #282081 Listed on: 08/30/2024

EXP Realty LLC Ballantyne

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,261

Year Built

  • Built in 1997

Lot Details

  • 1,307

HOA Fees

  • $237 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Living Room with Fireplace
  • Finished Basement
  • Walk-Out Basement
  • Laundry Room

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Full Bathrooms

Schools

  • University Meadows Elementary School
  • James Martin Middle School
  • Julius L. Chambers High School

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • Cedar Management Association
  • Glenwater At University Place Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 047-322-81

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,261

Year Built

Built in 1997

Lot Details

0

HOA Fees

$237 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Year Built: 1997
  • Special Assessment Yn: 1
  • Special Assessment Description: 160.00/MO JUNE2024 THRU MARCH2025
  • Road Surface Type: None, Paved
  • Unit Levels: Two
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 151.52
  • Geocode Confidence: High
  • Attribution Contact: 704-989-5253
  • Special Features: None

Interior Features

  • Foundation Details: Basement
  • Entry Level: 1
  • Fireplace: Yes
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 804
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 570
  • Appliances: Dishwasher, Electric Range, Microwave, Refrigerator, Washer/Dryer
  • Above Grade Finished Sq Ft: 1374
  • Has Basement: Finished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 804
  • Fireplace Features: Gas Log, Living Room
  • Living Area: 2178
  • Bedroom Main: 1
  • Room Count: 12
  • Bedroom Basement: 1

Exterior Features

  • New Construction: No
  • Construction Type: Site Built
  • Exclusions: anything that is the sole ownership of the tenants
  • Construction Type: Aluminum, Brick Partial, Vinyl

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Parking Space(s)

Utilities

  • Heating: Forced Air
  • Sewer: Public Sewer
  • Laundry Features: In Basement
  • Cooling: Central Air
  • Water Source: City

Condo/Co-op/Association

  • Association Fee: 237.2
  • Association Fee Frequency: Monthly
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: Cedar Management
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Association Annual Expense: 2846.40

Schools

  • Middle Or Junior School: James Martin
  • HOA Subject To: Required

Lot Info

  • Lot Size Area: 0.03
  • Lot Size Units: Acres
  • Parcel Number: 047-322-81
  • Land Included Yn: 0
  • ResoLotSizeUnits: Acres
  • Zoning Specification: B-1SCD

Rental Info

  • Pets Allowed: Conditional

MLS Schools

  • Elementary School: University Meadows
  • High School: Julius L. Chambers

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2024
Closed on
Nov 15, 2024
Sold by
Alotti Properties Llc
Bought by
Gebre Equar Hishe
Seller's Agent
Sherry McNitt McCoy
EXP Realty LLC Ballantyne
Buyer's Agent
Abay Gedey
Premier South
List Price
$360,000
Sold Price
$330,000
Premium/Discount to List
-$30,000
-8.33%
Total Days on Market
58
Views
59
Current Estimated Value
$334,765

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,765
Avg. Annual Appreciation
3.47%
Original Mortgage
$264,000
Outstanding Balance
$262,751
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$72,014

Purchase Details

Closed on
Jun 29, 2017
Sold by
Lotti Joanthan K and Mirilovicjh Angela
Bought by
Alotti Properties Llc

Purchase Details

Closed on
Dec 18, 2015
Sold by
Hudson Ryan and Hudson Claire
Bought by
Lotti Jon and Mirilovich Angela

Purchase Details

Closed on
Feb 2, 2011
Sold by
Crumpton Charles E and Crumpton Patricia P
Bought by
Hudson Ryan and Hudson Claire

Purchase Details

Closed on
Apr 30, 2010
Sold by
Hudson Claire C and Crumpton Claire A
Bought by
Crumpton Charles E and Crumpton Patricia P

Purchase Details

Closed on
Dec 29, 2008
Sold by
Crumpton Charles E and Crumpton Patricia P
Bought by
Crumpton Charles E and Crumpton Patricia P

Purchase Details

Closed on
Mar 11, 2005
Sold by
Spiegel Lee J and Spiegel Joy F
Bought by
Crumpton Charles E and Crumpton Patricia P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,350
Interest Rate
5.6%
Mortgage Type
Purchase Money Mortgage

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
Gebre Equar Hishe $330,000 None Listed On Document
Gebre Equar Hishe $330,000 None Listed On Document
Alotti Properties Llc -- None Available
Lotti Jon $120,000 None Available
Hudson Ryan -- None Available
Crumpton Charles E -- None Available
Crumpton Charles E $1,000 None Available
Crumpton Charles E $133,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gebre Equar Hishe $264,000
Closed Gebre Equar Hishe $264,000
Previous Owner Lotti Jon $90,000
Previous Owner Crumpton Charles E $126,350
Previous Owner Spiegel Lee I $92,940
Previous Owner Spiegel Lee I $40,000
Previous Owner Spiegel Lee I $14,000
Previous Owner Spiegel Lee I $118,600
Previous Owner Spiegel Lee I $18,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/25/2024 11/25/24 Sold $330,000 -5.4% $152 / Sq Ft
10/27/2024 10/27/24 Pending -- -- --
10/06/2024 10/06/24 Price Changed $349,000 -3.1% $160 / Sq Ft
08/30/2024 08/30/24 For Sale $360,000 -- $165 / 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 $2,261 $302,200 $90,000 $212,200
2022 $1,431 $144,200 $25,000 $119,200
2021 $1,431 $144,200 $25,000 $119,200
2020 $1,431 $144,200 $25,000 $119,200
2019 $1,425 $144,200 $25,000 $119,200
2018 $1,471 $110,000 $17,000 $93,000
2017 $1,448 $110,000 $17,000 $93,000
2016 $1,444 $110,000 $17,000 $93,000
2015 $1,441 $110,000 $17,000 $93,000
2014 $1,452 $110,000 $17,000 $93,000
Source: Public Records

Agents Affiliated with this Home

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Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4178522

Canopy MLS (Canopy Realtor® Association)

APN: 047-322-81