1821 Masonic Dr, Charlotte, NC 28205

4 beds, 2 baths, 1,919 sqft
Sold: $150,000
Sold on 12/02/13
Zestimate®: $136,931
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Subject: Unique Investment Opportunity in Plaza MidwoodWhether you're looking for high ROI or high cashflow, single family or duplex, turnkey or do-it-yourself this property is for you. With 1821 Masonic Drive Charlotte, NC 28205, you can create your investment based on your own preferences.Basic Property Information:1821 Masonic DriveCharlotte, NC 28205Parcel ID: 095-093-354 Bed / 2 Bath Duplex or Single Family1919 Square FeetBenefits: Great cash flow: starting at $345/month (with conventional financing including 20% down payment) Priced 35% below tax value completely rehabbed Higher than market rent due to including utilities Option to use it as a duplex or single family Enjoy low vacancy due to easy access to nearby restaurants, greenways, and public transportation Buy completed rehabbed at $67/square foot in a $150/square foot neighborhood $120,000 of built-in equity when fully rehabbed 3 Different Options for Purchase:Option 1: As-Is ($89,900) Title search, home and termite inspections, surveys completed Contractor referrals and discounts for your own rehab Option 2: Big Tickets Items Taken Care of ($114,900)All of the above, plus: Repair rotted band sill Replace front door and frame Replace all the broken windows Demo back bathroom, replace rotted subfloor, cap off the plumbing Option 3: Total Package ($129,900)All of the above plus: new roof on front unit A/C tune up Paint throughout walls, ceilings, and trim Includes appliances: stove and fridge Refinish front unit's bathtub Replace countertops in both kitchens Paint/refurbish existing cabinets and replace hardware Replace drywall where there was some past water damage Refinish hardwood floors, replace floors where they can't be refinishedYou can also mix and match your repairs and price to fit your needs! Give us a call today to get the conversation started! Call us at (704) 323-6942 for more information or to submit your offer. A deal like this won't last long, so act fast to secure it for yourself today!  MoreLess
 
Facts
  • Lot: 0.32 acres
  • Single Family
  • Built in 1991
  • Cooling: Central, Other
  • Heating: Forced air
  • Last sold: Dec 2013 for $150,000
  • Price/sqft: $78
Features
  • Attic
  • Cable Ready
  • Ceiling Fan
  • Deck
  • Fenced Yard
  • Fireplace
  • Flooring: Hardwood
  • Lawn
  • Mother-in-Law
  • Parking: Off street, On street, 3 spaces
  • Patio
  • Porch
  • Wired
Additional Features
  • Living room
Appliances Included
  • Range / Oven
  • Refrigerator
  • Washer
Room Types
  • Dining room
  • Family room
  • Mud room
  • Office
Construction
  • Roof type: Other
  • # Stories: 1.0
  • Structure type: Other
  • Unit count: 1
Other
  • Floor size: 1,919 sqft
  • Heating: Gas
  • Laundry: In Unit
  • Parcel #: 09509335
  • Zillow Home ID: 6195794
Home Values
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$136,931
+$6,909 Last 30 daysd
$129K
$148K
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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
$1,228/mo
+$23 Last 30 daysd
$1K
$1.5K
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Neighborhood for 1821 Masonic Drive

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Zillow predicts Plaza Midwood home values will increase 4.3% next year, compared to a 3.9% increase for Charlotte as a whole. Among Plaza Midwood homes, this home is valued 56.9% less than the midpoint (median) home, and is valued 61.8% less per square foot.

Foreclosures will be a factor impacting home values in the next several years. In Plaza Midwood, the number of foreclosures waiting to be sold is 60.8% less than in Charlotte, and 68.8% higher than the national average. This lower local number could help Plaza Midwood home values rise more quickly than other regions in Charlotte.

Learn more about forecast calculations or Plaza Midwood home values.
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    Contact a local agent

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    These listing agents specialize in this area and can get you a market value for this home and answer your questions.

    Are you an agent looking for more exposure for yourself or your listings? Call Zillow at (855) 840-3292
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    Premier Agents specialize in this area and can assist you in seeing a home or answer your questions.

    Are you an agent looking for more exposure for yourself or your listings? Call Zillow at 866-324-4005

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