1028 Karendale Ave, Charlotte, NC, 28208

$425,000

Home List Price

$5,047*

Closing Credit

7 Bedrooms
2 Full Baths, 1 Partial
2,592 SqFt
$164/SqFt
Multi

Location

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1028 Karendale Ave, Charlotte$425,000

Buyer Closing Credits

$5,047*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingDriveway
Year Built1938
HeatingNatural Gas
CoolingCentral Air
BasementYes
MLS #4181680
StatusActive

About 1028 Karendale Ave

Amazing opportunity for a long term investor! Cap rate @ 9%. Monthly rental at 1% Established month to month renters totaling $4275 per month (as of Nov. 1). Unique property with a true apartment downstairs. New roof in 2018, new HVAC in 2018, total renovation of apt B in Dec 2020, entire plumbing reconstruction in 2021. No electrical, foundation, or any other major issues. Cross listed as a SFR with 2nd living Qtrs. MLS 4174304.

Property Details

Property Features

Property Information:

  • Year Built: 1938
  • Living Area: 2,592 SqFt

Listing Office:

  • Office Name: Better Real Estate Carolina
  • Office Email: autumn@betterrec.com

Interior Features

Interior Information:

  • Appliances: Electric Cooktop, Refrigerator
  • Basement: Yes
  • Flooring Type: Carpet, Vinyl

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 7

Exterior Features

Parking Information:

  • Parking: Driveway

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $425,000
  • Price Per SqFt: $164/SqFt

Tax Information:

  • Annual Amount: $1,152
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Charlotte, NC.

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Charlotte, NC

City

Med. Sold Price

$418.8K

Med. Price/SqFt

$238

Avg. Days On Market

32

# of Sold Homes

862

1028 Karendale Ave vs Charlotte

61 DAYS ON ROCKET

+29 Days

$425,000

+$6.1K More

$164/SqFt

-$74 Less

KEY TAKEAWAY

This property is $6.1K more than the Median Sold Price and $74/SqFt less than other homes in Charlotte, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #4181680

Listing Office:

  • Office Name: Better Real Estate Carolina
  • Office Email: autumn@betterrec.com

IDX Listings courtesy of Canopy MLS as distributed by MLS GRID.

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/10/2024, 3:21:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Nov 21, 2014Home Sold
$42,000
Jan 10, 2012Home Sold
$17,442
Apr 13, 2007Home Sold
$127,000
Dec 13, 2005Home Sold
$118,000
Oct 14, 2005Home Sold
$60,000
Oct 28, 1999Home Sold
$30,000

Tax History

YEARPROP. TAXASSESSMENT
2021$1,152$119,400
2020$1,335$119,400
2018$1,472$101,000

History based on county public records data.

Payment Calculator

$2,189

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,341

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-828120
5
/10

  • Movement Charter School

  • 2701B Freedom Dr

  • 0.65 miles

  • Public Charter Grades KG-5

school-card-donut-828121
5
/10

  • Bruns Avenue Elementary School

  • 501 S Bruns Ave

  • 1.10 miles

  • Public Magnet Grades PK-5

school-card-donut-828122
1
/10

  • University Park Creative Arts School

  • 2400 Hildebrand St

  • 1.68 miles

  • Public Magnet Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $34,667. Residents of Charlotte, NC typically earn less than $35k each year. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›North Carolina›Mecklenburg County›Charlotte›28208›1028 Karendale Ave

This home is located at 1028 Karendale Ave in Charlotte, NC and zip code 28208 in the Enderly Park neighborhood. This 2,592 square foot home was built in 1938. Features: 7 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since September 10, 2024 and is currently priced at $425,000.

Charlotte, NC housing market in October 2024 saw over 149 listings sold above listed price, more than 237 sold at listed price and over 476 sold below. The number of listings in Charlotte, NC increased by 3.6% between September 2024 and October 2024. The median list price of listings available in October 2024 was $418,847, while the average time on the real estate market was 32 days.

From Rocket Homes Real Estate and based on county public records data.

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