| Type: | Single Family |
| Address: | 1801 Folly Gate Court, Charlotte, NC, 28282 |
| Bedrooms: | 3 |
| Bathrooms: | 2.0 |
| Year Built: | 1992 |
| Sq. Footage: | 1200.0 |
| Price/Sqft: | $95.83 |
| Property Tax: | new! $1,320 |
| Price: | $115,000 |
| Sale Type: | Expired Listing |
Description
Additional features: Lot size: 0.38, Floors: 1, School district: Charlotte, Loan type: Conventional, Seller flexibility: Asking price is firm, Features: Fireplace, Patio, Playground/Park, Public Transportation, Central AC
PROPERTY DESCRIPTION: Please due yourself a favor, read the entire ad to answer any questions you might have before emailing me. This cozy,cul de sac, split & open floor plan, 1 story home offers the perfect location, layout and flat parcel. New 2006 vinyl on baths & kitchen. U shape layout kitchen with double hang window above sink overlooking backyard gives you light and breeze. Breakfast nook has double hang bay windows overlooking the yard. Master has L shape walk in closet. Vaulted ceilings on great room & master room. Roman tub on master with side window next to the sink. Master has two double hang windows with a semi circle top. Nice sizedeck with railings.Bed #2 has an attic on the ceiling, double hand window, blinds, & closet. Behind bedroom #2 you'll find an attached storage/utility room which will serve you for extra space [that's why is 1,100 sqft] & it has an outside white door entrance as seen on the 2nd picture looking at the backyard. Bedroom #3 has a double hang window [looking at the frontyard], blinds, & closet. Brick fireplace floor to ceiling saves you money since operates with wood. Fans on master & great room for more electricity saving$. Windows all around the house for ventilation on summer. 3 car concrete driveway with room to make it bigger. Fenced backyard.Dog house with8" tile flooring and a tent frame for sun/rain.No house behind my lot. Matured trees on the sides of the house. Backyard big enough for outdoor building/carport/shop/RV parking,etc.ALSO!! Northeast Corridor train will go from downtown pass through UNCC [I-485 & N Tryon] to the Speedway. Tenants [married couple & 1 child] paying $925 until Nov 2008 once they renew the contract I'll increase the rent. They mentioned they wanted to do a rent to own which is great for the landlord. Excellent tenants one of them is a teacher. Email me at cgalf@allstate.com. Check out amerisave.comand add$110 a month in taxes plus about $30 in homeowner's insurance [there's no HOA in this subdivision] To make an appointment to see the inside of the house anemail with a pre-approved mortgage lettershould be send if financing.Do a buy owner transaction and get 2%% of this asking price if we do a written contract and close by March of 2009! This way you'll have your closing costs cover. You can do your taxes early if you want your refund early as well and you can use them as your downpayment.
THINGS I LIKE ABOUT THIS PROPERTY: 1 to 3 miles from University Hospital,24 hr supermarket, 24 hr pharmacy, 24 hr ATM's, Verizon Amphitheater for concerts, Reedy Creek Park with trails, ponds, fields, etc, next to Concord/Cabarrus. Also, 15 min to Downtown. You have a flat yard to add a playground,big garage/shop,or addition in this lot. Mature trees along the sides of the lot. A 30-acre tract in University City is being targeted for a development with up to 400 apartments and as much as 200,000 square feet of commercial and retail space, including a hotel something similar like Birkdale at Huntersville, NC. This house is in an excellent location to be served by a planned light-rail stop at nearby McCulloch Drive located 3 miles from here. It also could draw tenants from UNC Charlotte and nearby employment centers such as University Research Park. In addition, International retailer IKEA will build a 345,000-square-foot store in the University area, as first reported by the Charlotte Business Journal on Jan. 3, 2008. Along with offering nearly 10,000 items, IKEA Charlotte will feature three model homes, 50 room settings, a supervised children's play area, a 300-seat restaurant and 1,700 parking spaces. IKEA also will sell an adjacent 3 acres for complementary retail and restaurant development. Walmart Supercenter plans to start construction in mid-May and open its 176,000-square-foot Supercenter and 14,000-square-feet of outdoor display space in University Pointe by May 2009. University Pointe will lean toward upscale and feature park benches, fountains, extensive landscaping and outdoor seating. Also,Mecklenburg is planning to extend the Northeast corridor [N Tryon] rail through UNCC to the Speedway so it'll raise value, you can even ride to work!carolinathreadtrails.com is also in the works!
Needless to say is close to Concord Mills Mall which has many restaurants open past 12 midnight, shopping, NASCAR race, movie theater, & Great Wolf lodge off Concord Mills Mall with arcades, fitness center, gift shops, restaurants, suites, WATERPARK!!!, full service spa, etc! Paradise Valley Golf Club is just behind UNCC. Across University Hospital you'll have beautiful lake and a boardwalk with free events every summer and plenty of shopping in this open center. Check out this link for picture of NE Corridor
Learn new languages,vocational programs,get fit,child care, aquatics,and more at [Links are not allowed]Get the best of 2008 Best of University City [Links are not allowed]
ABOUT THE NEIGHBORHOOD: This subdivision has no HOA's.You can walk to small shopping next door which has Food Lion,chinese restaurant,dry cleaners,gas station,US Postal Service,etc. Right on University Blvd whichmeans you can take the bus anywhere. Located in the Northeast tip of Mecklenburg county is close to the UNCC area however secluded from traffic. Subdvision is about 4 miles to Reedy Park with lake, pond, indoor/outdoor picnis,trails,etc. Also there's a park 4 miles N.E. from here off University Blvd/Hwy49 with golf course.Property being sold with refrigerator, dishwasher, & stove [about 2 yrs old].
SCHOOLS:
ELEMENTARY: University Meadows. 1600 Pavilion Blvd, Charlotte, NC 28262
MIDDLE: James Martin Middle School. 7800 Ibm Dr, Charlotte, NC 28262
COMPARABLES:
or just click on Virtual Tour on the top right hand side. Check it out for propertyZestimate which is about $128,000!, aerial/satellite view of the house,subdivision & other areas! Estimated Market Value [EMV] is $118,000 an assessed improvement of 78%%!!
PROPERTIES SOLD:
3343 Whitebridge Ln, 3 bed 2 baths, 1368 sqft,sold 04/30/08 for $135,000.
1823 Tufnell Ct, 3 beds, 2 baths, 1107 sqft, sold 05/05/08 for $119,000 same subdivision, same floorplan, same features [vaulted ceilings, bay windows,etc],cul de sac as well.
1804 Folly Gate Court, 4 beds, 2.5 baths, sold on 05/29/08 for $122,530 same subdivision.
11047 Wiltshire Ln, 3 beds 2 baths, 1436 sqft, sold 06/02/08 for $138,500.
PROPERTIES FOR SALE:
-2938 Drakes Crossing Dr, 3 beds, 2 baths, 28262, 1 story, no garage, $125,900.
-3603 Chepstow Ct, 3 bedroom, 2 baths,28262, 1 story, 2 car driveway only, sloped backyard, $129,500.
-12415Shelly Pines Dr, 3 beds, 2 baths, 28262, 1 story, only0.21 acre, no deck just 10x10 concrete patio, $132,900 under contract.
-1322 Springmist Dr, 3 beds, 2 baths, 28262, 1 story, 0.30 acre, vaulted ceilings, fans, painted deck with railings, next to IBM Dr [Harris Blvd]. $133,500.
-2138 Mallard Green Place, 3 beds, 2 baths, 1 story, 28262, only 0.25 acre, fireplace, vaulted ceilings, under contract, $135,000.
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