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840 East 18th Street

840 East 18th Street, Charlotte, NC 28205
Multifamily in Belmont
1 Units For Sale
Unit for sale at 840 E 18th Street, Charlotte, NC 28205

$2,895,000

  • 18 Beds
  • 24 Baths
  • 9,504 ft²
840 E 18th Street, Charlotte, NC 28205 Listing by Heather Gibbs

Local assessors in Charlotte, NC have categorized 840 East 18th Street as a residential type of property. The home was built in 2019 and is 5 years old. The property's lot size has been calculated to be 14,505 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 18 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 18 full bathrooms. There are also 21 partial bathrooms. This is a 3 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 840 East 18th Street has a total of 9,072 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - A. The building has a gable style roof that was made of asphalt. Lots of concrete were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 840 East 18th Street sold most recently in Aug 22, 2023 for a total of $2,645,000. If you work out the math, that's approximately a cost of $291.56 per sqft. Before that, the property was also sold for $2,600,000 in Feb 8, 2021. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $17,511 in taxes each year. The initial year of tax delinquency occurred in 2022. 840 East 18th Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $3,155,900. If we break it down further, the land itself was valued at $725,300. Improvements to the property, however, were assessed at a total of $2,430,600. The property's total market value has been marked the same as the total assessed value which is pretty typical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.

Building Features

Condition

New Construction

Exterior

Hardboard Siding

Parking

Garage Parking
Attached Garage

Driveway

Driveway
This property description is generated based on publicly available data.

2 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20220914
09/14/2022
18 Bed
24 Bath
9504 ft²
$3,350,000
bedrooms
18 Bed
bathrooms
24 Bath
square feet
9504 ft²
-
-
-
Heather Gibbs
Corcoran HM Properties
20201207
12/07/2020
18 Bed
24 Bath
10472 ft²
$2,600,000
bedrooms
18 Bed
bathrooms
24 Bath
square feet
10472 ft²
-
-
-
-

Building Info

Overview

    General

  • Year Built: 2019
  • Effective Year Built: 2019
  • Building Count: 6
  • Bedroom Count: 18
  • Bathroom Count: 21
  • Full Bathrooms: 18
  • Partial Bathrooms: 21
  • Building Condition: Average
  • Building Quality: A
  • Building Style: Unknown
  • Exterior Walls Type: Concrete
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 3
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 14,505
  • Total Building Area: 9,072
  • Gross Building Area: 9,072
  • Building Area: 9,072
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 9,072
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CRESCENT LAND & TIMBER CORP LAKE
  • Land Acres: 0.333
  • Standard Land Use Code: Multi-family dwellings (generic, 2+)
  • Legal Description 1: L5 B21 M63-208

Ownership

  • Current Owner : SOUTHEAST PROPERTY VENTURES LL
  • Previous Owner : 4THIRTYONE LLC
  • Owner Before Previous Owner: EAST END FLATS LLC
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Charlotte-Mecklenburg Schools
  • Census Tract: 000800

Zoning

  • Zoning: R22MF

Geography

  • Assessors Map Reference: 081-10
  • Parcel: 081-106-10
  • Block: 21
  • Lot: 5
  • Municipality: CHARLOTTE
  • Latitude: 35.2319
  • Longitude: -80.8193

    Address

  • Full Address: 840 E 18th St
  • Address - House Number: 840
  • Street Direction: E
  • Address - Street Name: 18th
  • Address - Suffix Type: St
  • State: NC
  • City Name: Charlotte
  • Carrier Code: C005
  • 4-Digit Zip Code: 2654
  • Zip Code: 28205

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $17,511
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: CITY OF CH

    Appraisal Valuation

  • Standard Deviation: 0.185
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 62
  • Final Value: 1,084,037
  • High Value: 1,284,588
  • Low Value: 883,485

    Market Valuation

  • Market Total Value: $3,155,900
  • Market Land Value: $725,300
  • Market Improvement Value: $2,430,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,155,900
  • Assessed Land Value: $725,300
  • Assessed Improvements Value: $2,430,600

    Sales

  • Current Sale Contract Date: Aug 22, 2023
  • Current Sale Recording Date: Aug 23, 2023
  • Current Sale Transaction ID: 11911708865
  • Current Sale Price: $2,645,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 80570
  • Previous Sale Recording Date: Feb 09, 2021
  • Previous Sale Contract Date: Feb 08, 2021
  • Previous Sale Amount: $2,600,000
  • Previous Sale Document Type: Warranty Deed

About Belmont



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Frequently Asked Questions

What neighborhood is 840 East 18th Street located in?
The 840 East 18th Street is a multifamily located in the neighborhood of Belmont in Belmont, Charlotte.
How many listings are currently for sale in 840 East 18th Street?
This is a single-family home. The property is currently on the market for sale.
What is the average sales price for listings in 840 East 18th Street?
The average sales price for units in 840 East 18th Street is $2,895,000 , or $305/sqft. currently.

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