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
$348,200 Zestimate®
$149/sqft
$2,153 Estimated rent
Home value
$348,200
$320,000 - $373,000
$2,153/mo
Zestimate® history
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$2,153/mo
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$1,519/mo
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Est. payment
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Zillow last checked: 7 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 | ||
| 9/30/2024 | Price change | $1,825-2.4%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/25/2024 | Price change | $1,870-2.6%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/20/2024 | Listed for rent | $1,920+54.2%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/6/2017 | Listing removed | $1,245$1/sqft |
Source: Invitation Homes Report a problem | ||
| 10/3/2017 | Price change | $1,245-2.4%$1/sqft |
Source: Invitation Homes Report a problem | ||
| 9/22/2017 | Price change | $1,275-1.5%$1/sqft |
Source: Invitation Homes Report a problem | ||
| 9/15/2017 | Listed for rent | $1,295+15.1%$1/sqft |
Source: Invitation Homes Report a problem | ||
| 8/1/2016 | Listing removed | $1,125+15.4%$1/sqft |
Source: Invitation Homes Report a problem | ||
| 8/20/2013 | Listing removed | $975$1/sqft |
Source: Invitation Homes Report a problem | ||
| 8/17/2013 | Listed for rent | $975$1/sqft |
Source: Invitation Homes Report a problem | ||
| 5/29/2013 | Listing removed | $975$1/sqft |
Source: Invitation Homes Report a problem | ||
| 5/16/2013 | Listed for rent | $975$1/sqft |
Source: Invitation Homes Report a problem | ||
| 3/14/2013 | Sold | $83,000-7.7%$50/sqft |
Source: Canopy MLS as distributed by MLS GRID #2124798 Report a problem | ||
| 1/31/2013 | Price change | $89,900-3.2%$54/sqft |
Source: JVS Properties, Inc. #2124798 Report a problem | ||
| 1/19/2013 | Price change | $92,900-2.1%$55/sqft |
Source: JVS Properties, Inc. #2124798 Report a problem | ||
| 1/5/2013 | Listed for sale | $94,900+216.3%$57/sqft |
Source: JVS Properties, Inc. #2124798 Report a problem | ||
| 8/21/2012 | Sold | $30,000-26.7%$18/sqft |
Source: Public Record Report a problem | ||
| 5/25/2012 | Listed for sale | $40,900$24/sqft |
Source: JVS Properties, Inc. #2086963 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $293,000 |
| 2024 | -- | $293,000 |
| 2023 | -- | $293,000 +113.7% |
| 2022 | -- | $137,100 |
| 2021 | -- | $137,100 |
| 2020 | -- | $137,100 |
| 2019 | $1,415 +19% | $137,100 +61.3% |
| 2018 | $1,189 +3% | $85,000 |
| 2017 | $1,154 | $85,000 |
| 2016 | $1,154 | $85,000 |
| 2015 | $1,154 -2% | $85,000 -2.1% |
| 2014 | $1,177 | $86,800 |
| 2013 | -- | $86,800 |
| 2012 | -- | $86,800 |
| 2011 | -- | $86,800 -1.7% |
| 2010 | -- | $88,300 |
| 2009 | -- | $88,300 |
| 2008 | -- | $88,300 |
| 2007 | -- | $88,300 |
| 2006 | -- | $88,300 |
| 2005 | -- | $88,300 |
| 2004 | -- | $88,300 |
| 2003 | -- | $88,300 +1% |
| 2002 | -- | $87,410 |
| 2001 | -- | $87,410 |
| 2000 | -- | $87,410 |
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
$348,200
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$348,200
- North Carolina
- Mecklenburg County
- Charlotte
- 28227
- Marlwood
- 3316 Valley Grove Rd