PERFECT TENANTS! LOCATION! BIG LOT! CLOSING COSTS!

I'M GETTING MARRIED AND WOULD LIKE TO SELL IF POSSIBLE BEFORE SEPT. 2009

ATTENTION BUYERS THIS HOUSE IS ON PENDING STATUS! IT WAS APPRAISED ON 12/2008 FOR $118,000. TENTATIVE CLOSING 1/26/09

PROPERTY DESCRIPTION: Please due yourself a favor, read the entire ad to answer any questions you might have before emailing me. This cozy, culdesac, split & open floor plan, 1 story home offers the perfect location, layout and flat parcel. Entrance has a small overhang. 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 size deck with railings. Bed #2 has an attic on the ceiling, double hang 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 1,122 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 with 8" 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 $950 until Nov 2009. They mentioned they wanted to do a rent to own which is great for the landlord. Email me at cgalf@allstate.com. Check out  amerisave.com for fix rates and add $110 a month in property 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 an email with a pre-approved mortgage letter should be send if financing. It has hardboard siding or masonite [as stated on county records] instead of the fake plastic vinyl siding!

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 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! 

TENANTS:  This has been the best tenants ever! Unfortunatelly, I would rather cash out for my wedding and get the property sold. They haven't bother me for nothing. They have actually fix the garbage disposal, taken care of the front, back and side yard by watering it, fertilizing it, and cutting it, painted the inside of the house, etc. They have also paid on time and I have bank statements that will prove this fact. Since they have a young daughter, they love the fact that their next door neighbor [homeowner] has a kid who plays with her. My tenants like the area and neighborhood and as mentioned before they would like to do a rent to own lease on 11/2009 if you want.

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.

Public Library is less than 3 miles away at 301 East W.T. Harris Blvd, Charlotte,NC. It has pre-school storytimes, special programs for elementary students, adult workshops, free technology classes among other free classes for kids, + more!

Check out this link for picture of NE Corridor http://www.charmeck.org/Departments/CATS/Rapid+Transit+Planning/Corridor+Map.htm

Learn new languages,vocational programs,get fit,child care, aquatics,and more at www.ymcacharlotte.org Get the best of 2008 Best of University City www.universitycitymagazine.com 

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 which means 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

Mecklenburg County Tax Revaluation: Revaluation is the process of reappraising all real property in the county to current market value as of an effective date. This differs from the annual process of notifying property owners whose property values change due to land revisions, new houses, additions, and remodeling.  The last countywide revaluation was completed on January 1, 2003.  The effective date for the next revaluation is January 1, 2009.  The aim of the new revaluation will be to adjust all real property values for changes in the real estate market since 2003.

http://www.charmeck.org/Departments/LUESA/Property+Assessment+and+Land+Records/Real+Estate/Notice+of+Revaluation.htm

COMPARABLES:

http://www.zillow.com/homedetails/6167296_zpid  or just click on Virtual Tour on the top right hand side. Check it out for property Zestimate which is about $128,000!, aerial/satellite view of the house,subdivision & other areas!  Estimated Market Value [EMV] is $118,000 https://www.forsalebyowner.com/appraisal/view/8348 with 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.

-2923 Wild Oak Duck Ct, 28262, 3 bed, 2 bths, built in 1986, 1,288 sqft, 1 story, only 8x12 deck,  acreage less than mine, 8/28/08, $119,000.

PROPERTIES FOR SALE:

-2938 Drakes Crossing Dr, 3 beds, 2 baths, 28262, 1 story, no garage, cul de sac, 1,148 sqft, built 1986, sloped backyard going downwards, $125,900. 

-3603 Chepstow Ct, 3 bedroom, 2 baths, 28262, 1 story, sloped backyard going upward, 1,202 sqft, cul de sac, vinyl siding, $120,000.

-12415 Shelly Pines Dr, 3 beds, 2 baths, 28262, 1 story, vinyl siding, built in 1997,only 0.21 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], long driveway, hadboard siding, built in 1993, $132,500.

-2138 Mallard Green Place, 3 beds, 2 baths, 1 story, 28262, only 0.25 acre, fireplace, vaulted ceilings, 10x8 concrete patio only, built in 1997, vinyl siding throughout, under contract, $135,000.

I have $925.00 as deposit from the tenant which could be used for your closing costs..;)

 DEAR PROSPECT: Even if you can't buy right now but knows a person/landlord who could then you can get 3% by referring the buyer to me. Email me for details. It has to be a by owner transaction.

INCENTIVE: Get a big, black, flat, new, 32 inch, LCD, HDTV, energy star complaint with 2 HDMI connections and more! with the purchase of this house at the asking price if you close before 3/1/09. I got it for my B-DAY however I haven't open it nor use it.