See Home Value
$757,749*
House - Off Market

1501 Downs Avenue

Charlotte, NC 28205
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2820 Sqft
$567,000 - $691,000
Reference Base Price*
20.30%
Since Nov 1, 2021
NC-Charlotte
Primary Model
Sold Oct 12, 2021
$600,000
$480,000 by Movement Mortgage
Mortgage Due Nov 01, 2051
Sold Jun 26, 2020
$230,000

About This Property

Open the door to this warm and inviting abode with so many great spaces throughout! Bright & Cheery kitchen with island & all new SS appliances incl French Door refrigerator - the heart of the home. Brand New Construction offers a clean slate for your interpretation. So much truly usable space with surprises everywhere incl generous Drop Zone, Butlers pantry/bar area and kitchen pantry. Home Office or Formal Dining + add'l bdrm on main level. Loft upstairs + Huge Owners Suite w/lounge area and beautiful bath. Large walk-in closet. Secondary bedrooms are positively huge. Step out to back patio & circular drive/parking. Ideally situated on a corner lot right in the midst of a revitalization boom and walkable to establishments just blocks away. Great Location close to the Blue Line, Uptown, NoDa and Plaza-Midwood. Includes refrigerator. Termite treatment/guarantee and extensive warranty. Room to build separate garage  on corner lot.

The manager has listed the unit size as 2820 square feet.
Unit Size
2,820Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$223
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2021

Price History

Date / Event Date Event Price
Oct 14, 2021 No longer available -
No longer available
Oct 12, 2021 Sold to Dana Bruce Lee $600,000
Sold to Dana Bruce Lee
Sep 1, 2021 In contract -
In contract
Aug 10, 2021 Price Decreased $629,900
↓ $20K (3.1%)
Price Decreased
Jul 19, 2021 Price Decreased $650,000
↓ $19K (2.8%)
Price Decreased
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2021
  • Effective Year Built: 2021
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: B
  • Building Style: Unknown
  • Exterior Walls Type: Concrete
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Carport
  • Parking Space Count: 0
  • Patio Type: Patio - screened
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 7,449
  • Total Building Area: 2,778
  • Gross Building Area: 2,778
  • Building Area: 2,778
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 2,778
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: DAVIS PARK
  • Land Acres: 0.171
  • Standard Land Use Code: Single family residential
  • Legal Description 1: P11 B3 M3-293

Ownership

  • Current Owner : LEE DANA BRUCE
  • Previous Owner : Y MANAGEMENT INC
  • Owner Before Previous Owner: SHOSHANA B INVEST GROUP INC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Charlotte-Mecklenburg Schools
  • School Tax School District: CHARLOTTE
  • Census Tract: 001300

Zoning

  • Zoning: R-5

Geography

  • Assessors Map Reference: 093-10
  • District: 1
  • Parcel: 093-101-01
  • Block: 3
  • Lot: 1
  • Municipality: CHARLOTTE
  • Latitude: 35.2374
  • Longitude: -80.7938

    Address

  • Full Address: 1501 Downs Ave
  • Address - House Number: 1501
  • Address - Street Name: Downs
  • Address - Suffix Type: Ave
  • State: NC
  • City Name: Charlotte
  • Carrier Code: C018
  • 4-Digit Zip Code: 2017
  • Zip Code: 28205

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,941
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: CITY OF CH

    Appraisal Valuation

  • Standard Deviation: 0.0792
  • Valuation Date: Jul 05, 2023
  • Confidence Score: 94
  • Final Value: 712,499
  • High Value: 768,940
  • Low Value: 656,057

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $480,000
  • First Open Lien Mortgage Lender: MOVEMENT MORTGAGE
  • First Open Lien Mortgage Recording Date: Oct 12, 2021
  • First Open Lien Mortgage Loan Amount: $480,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2051

    Market Valuation

  • Market Total Value: $717,400
  • Market Land Value: $230,000
  • Market Improvement Value: $487,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $717,400
  • Assessed Land Value: $230,000
  • Assessed Improvements Value: $487,400

    Sales

  • Current Sale Contract Date: Sep 27, 2021
  • Current Sale Recording Date: Oct 12, 2021
  • Current Sale Transaction ID: 11866195165
  • Current Sale Price: $600,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021194805
  • Previous Sale Recording Date: Jun 26, 2020
  • Previous Sale Contract Date: Jun 26, 2020
  • Previous Sale Amount: $230,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MOVEMENT MORTGAGE
  • First Mortgage Transaction Date: Oct 12, 2021
  • First Mortgage Loan Amount: $480,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2051



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
3 Baths
-
$635,000 Oct 14, 2019
$635,000 Nov 20, 2019
-
House
4 Beds
3 Baths
-
$624,120 Jan 28, 2019
$624,120 Mar 19, 2020
-
House
4 Beds
3 Baths
-
$617,500 May 4, 2020
$617,500 Mar 12, 2021
-
House
4 Beds
3 Baths
-
$692,400 Sep 25, 2020
$692,400 Mar 24, 2021
-
House
4 Beds
3 Baths
-
$561,470 Jun 21, 2018
$561,470 Nov 5, 2019
-
Townhouse
4 Beds
3.5 Baths
3,012 ft²
$232/ft²
$699,900 Jan 20, 2023
-
$240/mo
Townhouse
3 Beds
3.5 Baths
2,235 ft²
$257/ft²
$574,269 Nov 18, 2022
-
$186/mo
Townhouse
3 Beds
3.5 Baths
2,220 ft²
$256/ft²
$569,340 Nov 20, 2022
-
$176/mo
Townhouse
3 Beds
3.5 Baths
2,099 ft²
$275/ft²
$577,110 Oct 10, 2022
-
$186/mo
Townhouse
3 Beds
3.5 Baths
1,793 ft²
$302/ft²
$541,374 Nov 29, 2022
-
$176/mo
Townhouse
3 Beds
2.5 Baths
1,800 ft²
$293/ft²
$527,363 Oct 12, 2022
-
$185/mo
Townhouse
3 Beds
3.5 Baths
1,800 ft²
$283/ft²
$509,000 Nov 18, 2022
-
$186/mo

About Shamrock


Similar Homes for Sale

Unit for sale at 1128 Drummond Avenue, Charlotte, NC 28205

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  • 2,099 ft²
1128 Drummond Avenue, Charlotte, NC 28205 Listing by Jenny Miller

Nearby Rentals

Unit for rent at

$1,745 /mo

  • 3 Beds
  • 2.5 Baths
  • 1,344 ft²
Listing by Manager
Unit for rent at

$1,725 /mo

  • 3 Beds
  • 2 Baths
  • 1,514 ft²
Listing by Manager
Unit for rent at

$1,795 /mo

  • 3 Beds
  • 2.5 Baths
  • 1,806 ft²
Listing by Melanie Wenner


Frequently Asked Questions

When was property at 1501 Downs Avenue built and last sold?
The property at 1501 Downs Avenue was built in 2021 and last sold on Sep 27, 2021 for $600,000.
How much is this home worth?
The estimated value of the home located at 1501 Downs Avenue is $653,900.
What are some comparable homes to 1501 Downs Avenue?
There are currently no comparable homes to 1501 Downs Avenue.

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