520 E Martin Luther King Blvd Unit 1204, Charlotte, NC, 28202

$1,695,000

Home List Price

$10,000*

Closing Credit

2 Bedrooms
2 Full Baths, 1 Partial
3,349 SqFt
$506/SqFt
Condo

Location

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520 E Martin Luther King Blvd Unit 1204, Charlotte$1,695,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingParking Garage, Parking Space(s)
Year Built2010
HeatingForced Air, Heat Pump
CoolingCentral Air
FireplaceGas Log, Living Room
ViewCity
MLS #4189743
StatusActive

About 520 E Martin Luther King Blvd Unit 1204

Stunning luxury penthouse in The Madison, a boutique collection 26 luxury condos in Uptown Charlotte. This corner unit features soaring 20-foot ceilings, multiple terraces, and breathtaking views. The bright, airy home is filled with natural light from floor-to-ceiling windows, and includes newly installed premium carpet and fresh paint, making it move-in ready. The dedicated office, featuring a built-in desk, bookshelves, and a closet, offers the versatility to serve as a 3rd bedroom. Front closet at entryway is designed with the potential for a private elevator, as it can be converted to an elevator shaft. Enjoy expansive spa-like bathrooms, a top-of-the-line kitchen, and generous entertaining spaces. Residents have access to a state-of-the-art fitness center, concierge services, and two covered garage parking spaces. With a prime location for both work and play, The Madison delivers upscale living at its finest. Owners are licensed NC real estate brokers. Schedule a Showing today!

Property Details

Property Features

Property Information:

  • Architectural Style: Modern
  • Year Built: 2010
  • Living Area: 3,349 SqFt

Listing Office:

  • Office Name: Verge LLC
  • Office Email: appletran@VergeCLT.com

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Electric Water Heater, Gas Cooktop, Microwave, Refrigerator, Trash Compactor
  • Flooring Type: Carpet, Marble, Tile
  • Interior: Cable Prewire, Garden Tub
  • Fireplace: Gas Log, Living Room

Bedroom and Bathroom Information:

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

Exterior Features

Exterior Information:

  • View: City
  • Exterior: Elevator

Parking Information:

  • Attached Garage: No
  • Parking: Parking Garage, Parking Space(s)

Utilities

Utilities Information:

  • Heating: Forced Air, Heat Pump
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,695,000
  • Price Per SqFt: $506/SqFt

HOA Fees:

  • Amount: $1215
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $9,337
  • 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

$420.4K

Med. Price/SqFt

$238

Avg. Days On Market

39

# of Sold Homes

817

520 E Martin Luther King Blvd Unit 1204 vs Charlotte

80 DAYS ON ROCKET

+41 Days

$1,695,000

+$1.2M More

$506/SqFt

+$267 More

KEY TAKEAWAY

This property is $1.2M more than the Median Sold Price and $267/SqFt more than other homes in Charlotte, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #4189743

Listing Office:

  • Office Name: Verge LLC
  • Office Email: appletran@VergeCLT.com

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

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Copyright © 2024 MLS GRID.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/30/2024, 10:51:50 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

Jun 29, 2015Home Sold
$1,075,000

Tax History

YEARPROP. TAXASSESSMENT
2021$9,337$967,600
2020$9,911$967,600
2018$10,874$793,000

History based on county public records data.

Payment Calculator

$9,742

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,148

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-2248573
6
/10

  • Dilworth Elementary Latta Campus

  • 405 E Park Ave

  • 0.80 miles

  • Public District Grades 3-5

school-card-donut-2248574
6
/10

  • First Ward Creative Arts Academy

  • 715 N Caldwell St

  • 0.84 miles

  • Public Magnet Grades KG-5

school-card-donut-2248575
7
/10

  • Elizabeth Traditional Elementary School

  • 1601 Park Dr

  • 1.04 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 $77,083. Most Charlotte, NC residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 520 E Martin Luther King Blvd Unit 1204

What is the listing price of this property?

The listing price of 520 E Martin Luther King Blvd Unit 1204 property is $1,695,000.

What type of property is this?

The property 520 E Martin Luther King Blvd Unit 1204 is a condo located in Charlotte, North Carolina, 28202.

Is this property for sale now?

Active Listing: 520 E Martin Luther King Blvd Unit 1204 is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $9,337 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on June 29, 2015 for $1,075,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 520 E Martin Luther King Blvd Unit 1204 has 2 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 520 E Martin Luther King Blvd Unit 1204 is 3,349 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 520 E Martin Luther King Blvd Unit 1204 is 2010.

Rocket Homes›North Carolina›Mecklenburg County›Charlotte›28202›520 E Martin Luther King Blvd Unit 1204

This home is located at 520 E Martin Luther King Blvd Unit 1204 in Charlotte, NC and zip code 28202 in the Second Ward neighborhood. This 3,349 square foot home was built in 2010. Features: 2 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 11, 2024 and is currently priced at $1,695,000.

In November 2024, from all listings sold in Charlotte, NC there were more than 157 sold above asking price, over 465 sold below and more than 195 were sold right at the asked price. In November 2024 in Charlotte, NC there were 3.3% less homes for sale than in October 2024. In November 2024, listings were on the market for 39 days. During the same period, the median list price in this real estate market was $420,468.

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

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