Owner
$357,694
14507 CARDAMON CT, CHARLOTTE, NC
Quick Facts
owner occupied
Yes
vacant
No
corporate owner
No
beds
3
baths
2
sq. ft.
1,424
property type
Single Family Residential
hoa
No
About
Residential
Building Quality C
Average Condition
Living Area
Garage
2 Stories
Forced Air Unit
Central
Financial Overview
Home Equity
Property
Outstanding Debt
Property
Loan-to-Value Ratio
Property
Property Features
Year Built
1994
Building Size
1,424 sq ft
Lot Size
14,375 sq ft
Lot Size (Acres)
0.33 acres
Distressed Property Status
In Pre-foreclosure
Property
Notice of Sale Filed
Property
Notice of Default Filed
Property
Scheduled for Auction
Property
Filing Date
Property
Property Location Details
Parcel Number (APN)
219-221-33
County
Mecklenburg County, North Carolina
Metro Area
Charlotte-Concord-Gastonia, NC-SC
Zoning
R-3
Neighborhood/Subdivision
SOUTHBRIDGE
Lot Number
24
School District
Charlotte-Mecklenburg Schools
Legal Description
L24 B1 M26-97
Tax & Value Information
Market Value (Total)
$330,100
Building Value
$250,100
Land Value
$80,000
Annual Property Tax
$2,653
Tax Assessment Year
2024
Assessed Value
$330,100
Last Assessment Year
2024
Original Primary Mortgage
Property
Primary Mortgage Type
Property
Original Secondary Mortgage
Property
Secondary Mortgage Type
Property
Current Mortgage Amount
Property
Current Mortgage Type
Property
Interest Rate
Property
Loan Term
Property
Lender Name
—
Last Sale Contract Date
12/31/2020
Recording Date
12/31/2020
Sales Document #
2020.223450
Primary Owner
Property
Co-Owner
Property
Previous Owner
Property
Previous Co-Owner
Property
Recent sales Comparables
Estimated Value:
$354,699
Average Price per Sq.Ft.: $249.09
Sales Comparables
Real Estate Investment Analysis
Evaluate this property as a fix & flip opportunity
Estimated Profit
$13,841
Return on Investment
15.60%
After Repair Value
$393,463
Basic Inputs
Financing
Down Payment
20%
Interest Rate
6.5%
Loan Term (Years)
30
Holding Period (months)
6
Show Advanced Options
Analysis Details
Purchase Price
$321,925
Renovation Cost
$17,885
Closing Costs (buying)
$6,438
Holding Costs
$9,767
Selling Costs
$23,608
Total Investment
$88,708
After Repair Value (ARV)
$393,463
Total Costs
$379,623
Estimated Profit
$13,841
Cash Invested
$82,270
Return on Investment
15.60%
Return on Cash Invested
16.82%
Nearby Schools
River Gate Elementary
C
Elementary
15340 Smith Road, NC
0.74 miles away
Southwest Middle School
F
Middle
13624 Steele Creek Road, NC
1.21 miles away
Palisades High School
High
15221 York Road, NC
1.36 miles away
Properties owned by investors
Income Distributions
Ethnicity Distributions
Chart
Yearly Purchases
Connex Segmentation Clusters
Area Profile for Investors
Mixed Use
Walkability
Very Good
(13 POIs within 1mi)
Amenities Within 0.5mi
0
locations
Schools Within 1mi
1
school
Area Class
C
class
Investor Insight
This is a mixed use area with 13 amenities within 1 mile.
The property is within reach of many amenities.
Key features for tenant appeal:
Schools Nearby
Recreation
High-Risk Services
Map Filters
Key Amenities in the Area
Chateau East, Lennar
0.5 mi • Recreation
Exxon & Mobil Stations
0.8 mi • Automotive & Industrial
CVS
0.8 mi • Essential Services
River Gate Elementary
0.8 mi • Education
Hickory Tavern
1.0 mi • Adult Entertainment & Liquor
Atrium Health Steele Creek Emergency Department
1.1 mi • Emergency Services
Amaziyah Performs Weddings
2.8 mi • High-Risk Financial Services