1033 Matheson Ave, Charlotte, NC 28205

2 beds1 bath795 sqft

Sold: $59,000
Sold on 03/26/13
Zestimate®: $124,252
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A Zestimate® home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

My Notes

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1033 Matheson: Tax Value: $157,000 Asking $55,700 Perfect Fix and Flip! Small Solidly 1948 built home great area that needs a rehabbers hammer and nails, Edge of HOT "NODA" neighborhood that is transitioning quickly, Rehab and Resell Value in high 200's Blow off the roof and the back of the home and make a huge return on your investment dollar! This home has an enormous amount of potential, this will be the second home on the road as a blow out mini mansion, blow off the roof and blow out the back of the home double or triple the square footage and make your money on forced appreciation. If you wanted to keep it as a rental you could put several thousand into the home to make it rent ready in a short amount of time. Fix and flip for huge Cash return or rent for strong cash flow.  More Less 

Facts

  • Lot: 9,583 sqft
  • Single Family
  • Built in 1946
  • Last sold: Mar 2013 for $59,000
  • Price/sqft: $74

Features

  • Deck
  • Fireplace

    Construction

    • Exterior material: Other
    • Roof type: Asphalt
    • # Stories: 1.0
    • Structure type: Other
    • Unit count: 1

    Other

    • Floor size: 795 sqft
    • Last remodel year: 1970
    • Parcel #: 08315108
    • Zillow Home ID: 6188920

    Zestimate Details

    Zestimate
    A Zestimate home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

    The Value Range is the high and low estimate market value for which Zillow values a home. The more information, the smaller the range, and the more accurate the Zestimate. See data coverage and accuracy table

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    $124,252
    +$1,420 Last 30 days
    $113K
    $133K
    Zestimate range
    Rent Zestimate A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

    The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
    $963/mo
    +$7 Last 30 days
    $790
    $1.2K
    Zestimate range
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    $XXX,XXX
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    Popularity on Zillow

    If this home is listed on Zillow, it will reach the largest real estate network on the web.*
    1,000 all-time views
    of this home (chart)
    214 forecasted views of this home
    in the first 7 days after listing for sale
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    Neighborhood

    Market guide

    Zillow predicts North Charlotte home values will increase 0.5% next year, compared to a 2.7% rise for Charlotte as a whole. Among North Charlotte homes, this home is valued 29% less than the midpoint (median) home, and is valued 49% less per square foot.

    Foreclosures will be a factor impacting home values in the next several years. In North Charlotte, the number of foreclosures waiting to be sold is 50.9% lower than in Charlotte, and 27.8% lower than the national average. This lower local number could help North Charlotte home values rise more quickly than other regions in Charlotte.

    Learn more about forecast calculations or North Charlotte home values.
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      Nearby Schools in Charlotte

      GreatSchools ratings give an overview of a school's test results. The ratings are based on a comparison of test results for all schools in the state.

      Disclaimer: School attendance zone boundaries are supplied by Maponics and are subject to change. Check with the applicable school district prior to making a decision based on these boundaries.

      Data by GreatSchools.org