Great Investment Opportunity in the Heart of Charlotte! Located in a prime area, this split-level home offers incredible potential for an investor or buyer looking to make their mark. The finished basement adds valuable living space, w/4 spacious bedrooms, 2 bathrooms, and .76 of an acre, the possibilities are endless. While the home is in need of lots of renovations and repairs, its classic charm and solid structure make it a perfect canvas for a renovation. This undervalued property can become a true gem in this desirable neighborhood, with instant equity! Don’t miss your chance to transform this home into something spectacular! This home is a fantastic find for savvy buyers looking to capitalize on a great deal. With great potential, you can make updates or improvements to quickly increase its value. Don’t wait – homes like this don’t last long at this price! Doesn’t qualify for FHA buyers and if a loan, it would have to be a rehab loan. City code violations attached.
Closed
$250,000
3316 Valley Grove Rd, Charlotte, NC 28227
4beds
1,674sqft
Single Family Residence
Built in 1976
0.76 Acres Lot
$339,300 Zestimate®
$149/sqft
$2,250 Estimated rent
Home value
$339,300
$309,000 - $366,000
$2,250/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: February 27, 2025 at 02:03pm
Listing Provided by:
Sami Bianouni sami@EthicsRealty.com,
Ethics Realty Inc
Bought with:
Richard Cato
IT Realty, LLC
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4224207
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Level: Upper
Kitchen
- Level: Main
Laundry
- Level: Basement
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Bar Fridge, Dishwasher, Electric Oven
- Laundry: In Basement
Features
- Basement: Finished
Interior area
- Total structure area: 1,674
- Total interior livable area: 1,674 sqft
- Finished area above ground: 1,674
- Finished area below ground: 0
Property
Parking
- Total spaces: 4
- Parking features: Driveway
- Uncovered spaces: 4
Features
- Levels: Multi/Split
Lot
- Size: 0.76 Acres
Details
- Additional structures: None
- Parcel number: 13506313
- Zoning: N1-B
- Special conditions: Standard
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Brick Partial
- Roof: Flat
Condition
- New construction: No
- Year built: 1976
Utilities & green energy
- Sewer: Public Sewer
- Water: City
Community & neighborhood
Location
- Region: Charlotte
- Subdivision: Valley Grove
Other
Other facts
- Listing terms: Cash,Conventional
- Road surface type: Concrete, Paved
Price history
| Date | Event | Price |
|---|---|---|
| 2/26/2025 | Sold | $250,000+0%$149/sqft |
Source:  Canopy MLS as distributed by MLS GRID #4224207 Report a problem | ||
| 2/21/2025 | Price change | $249,900+6.3%$149/sqft |
Source: Canopy MLS as distributed by MLS GRID #4224207 Report a problem | ||
| 2/11/2025 | Pending sale | $235,000$140/sqft |
Source: Canopy MLS as distributed by MLS GRID #4200108 Report a problem | ||
| 2/7/2025 | Listed for sale | $235,000+183.1%$140/sqft |
Source: Canopy MLS as distributed by MLS GRID #4200108 Report a problem | ||
| 10/1/2024 | Listing removed | $1,825$1/sqft |
Source: Zillow Rentals Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $293,000 |
| 2024 | -- | $293,000 |
| 2023 | -- | $293,000 +113.7% |
Find assessor info on the county website
Neighborhood: Marlwood
Nearby schools
GreatSchools rating
- 4/10Piney Grove ElementaryGrades: PK-5Distance: 0.7 mi
- 5/10Albemarle Road MiddleGrades: 6-8Distance: 1.3 mi
- 6/10David W Butler HighGrades: 9-12Distance: 4.5 mi
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Estimated market value
$339,300