INVESTOR OPPORTUNITY WITH MAJOR UPSIDE!
This expansive 2,800 sq ft ranch + SHOP offers incredible potential for the savvy investor, builder, or renovator. Featuring 3 bedrooms, 2 bathrooms, and a spacious bonus/entertainment room, the layout provides a strong foundation for a high-value transformation, the house could EASILY BE MADE A 4 Bedroom (its practically setup as a 4 bedroom but just needs a small wall and a door.
The property includes an attached 1-car garage plus a large, detached shop with driveway—perfect for car enthusiasts, woodworkers, or those operating a home-based business.
Ideally located directly across from Paw Creek Elementary, and just minutes to I-485, Charlotte Douglas International Airport, and Uptown Charlotte, this property offers both convenience and long-term value. Optional access to the Coulwood community pool adds additional appeal.
Zoned N1-A (buyer to verify with the City of Charlotte), this parcel presents excellent redevelopment potential, with the possibility for multiple homes, duplexes, or triplexes.
Important Notes: Property does have significant termite damage affecting the front two bedrooms and living room (including floor joists, subflooring, and portions of the sill plate).
Sold AS-IS, with pricing reflective of condition. ARV could be over $600k. CASH, FHA 203k Renovation Loan, or Hard Money Lender
Active
Price cut: $25.1K (5/6)
$399,900
1319 Cathey Rd, Charlotte, NC 28214
3beds
2,810sqft
Est.:
Single Family Residence
Built in 1958
0.75 Acres Lot
$389,700 Zestimate®
$142/sqft
$-- HOA
What's special
- 35 days |
- 852 |
- 62 |
Zillow last checked:
Listing updated:
Listing Provided by:
Zach Francis Zach@FrancisTeam.com,
Francis Real Estate Group, Inc
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4366814
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bedrooms: 3
Primary bedroom
- Level: Main
Bedroom s
- Level: Main
Bedroom s
- Level: Main
Bathroom full
- Level: Main
Bathroom full
- Level: Main
Bonus room
- Level: Main
Great room
- Level: Main
Kitchen
- Level: Main
Living room
- Level: Main
Heating
- Central, Ductless
Cooling
- Central Air, Ductless
Appliances
- Included: Dishwasher, Gas Cooktop
- Laundry: Electric Dryer Hookup, Inside
Features
- Flooring: Tile, Wood
- Has basement: No
- Fireplace features: Great Room, Living Room
Interior area
- Total structure area: 2,810
- Total interior livable area: 2,810 sqft
- Finished area above ground: 2,810
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Total spaces: 4
- Parking features: Attached Garage, Garage Shop, Garage on Main Level
- Attached garage spaces: 4
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Front Porch
- Pool features: Community
- Fencing: Back Yard
Lot
- Size: 0.75 Acres
- Features: Level
Details
- Additional structures: Auto Shop, Outbuilding, Workshop
- Parcel number: 03104911
- Zoning: N1-A
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Brick Full, Cedar Shake, Stone
- Foundation: Crawl Space
Condition
- New construction: No
- Year built: 1958
Utilities & green energy
- Sewer: Public Sewer
- Water: City
- Utilities for property: Cable Available
Community & HOA
Community
- Security: Security System
- Subdivision: Coulwood
HOA
- Has HOA: Yes
Location
- Region: Charlotte
Financial & listing details
- Price per square foot: $142/sqft
- Tax assessed value: $373,700
- Date on market: 4/9/2026
- Cumulative days on market: 35 days
- Listing terms: Cash,FHA 203(K)
- Road surface type: Concrete, Paved
Estimated market value
$389,700
$370,000 - $409,000
$2,160/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/6/2026 | Price change | $399,900-5.9%$142/sqft |
Source:  Canopy MLS as distributed by MLS GRID #4366814 Report a problem | ||
| 4/9/2026 | Listed for sale | $425,000+246.9%$151/sqft |
Source: Canopy MLS as distributed by MLS GRID #4366814 Report a problem | ||
| 2/20/1998 | Sold | $122,500$44/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $373,700 |
| 2024 | -- | $373,700 |
| 2023 | -- | $373,700 +58.6% |
| 2022 | -- | $235,600 |
| 2021 | -- | $235,600 |
| 2020 | -- | $235,600 |
| 2019 | $2,365 | $235,600 +22.1% |
| 2018 | -- | $192,900 |
| 2017 | $2,550 | $192,900 |
| 2016 | $2,550 | $192,900 |
| 2015 | $2,550 +0.4% | $192,900 |
| 2014 | $2,540 | -- |
| 2013 | -- | $192,900 -0.2% |
| 2012 | -- | $193,300 |
| 2011 | -- | $193,300 +26.5% |
| 2010 | -- | $152,800 |
| 2009 | -- | $152,800 |
| 2008 | -- | $152,800 |
| 2007 | -- | $152,800 |
| 2006 | -- | $152,800 |
| 2005 | -- | $152,800 |
| 2004 | -- | $152,800 |
| 2003 | -- | $152,800 +18.1% |
| 2002 | -- | $129,330 |
| 2001 | -- | $129,330 |
| 2000 | -- | $129,330 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Coulwood West
Nearby schools
GreatSchools rating
- 9/10Paw Creek ElementaryGrades: PK-5Distance: 0.2 mi
- 8/10Coulwood MiddleGrades: 6-8Distance: 0.8 mi
- 1/10West Mecklenburg HighGrades: 9-12Distance: 3.1 mi
A local agent can set up tours, give advice and negotiate with sellers.
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Charlotte Topics
