1821 Masonic Dr, Charlotte, NC 28205

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1821 Masonic Dr Charlotte, NC 28205

4 beds2 baths1,919 sqft

Sold: $150,000
Sold on 12/02/13
Zestimate®: $273,474
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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!  More Less 

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

  • Exterior material: Other
  • 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

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

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$273,474
+$776 Last 30 days
$232K
$325K
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
$1,393/mo
+$103 Last 30 days
$1.1K
$1.8K
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Popularity on Zillow

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Neighborhood

Market guide

Zillow predicts Plaza Midwood home values will rise 3% next year, compared to a 2.4% increase for Charlotte as a whole. Among Plaza Midwood homes, this home is valued 15.1% less than the midpoint (median) home, and is valued 62.9% less per square foot.

Foreclosures will be a factor impacting home values in the next several years. In the Plaza Midwood market, the number of foreclosures waiting to be sold shrank 15.6% in the last year. The number of unsold foreclosures is 50.4% lower than in Charlotte, and 24.4% lower 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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    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

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    Ask these lenders about financing

    (980) 359-1132
    NMLS #659021
    (803) 451-0039
    NMLS #194126

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