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Active
  • Price cut: $10K (7/22)
    $565,000

    1040 Drummond Ave, Charlotte, NC 28205

    3beds
    1,181sqft
    : 
    $3,283/mo
    Get pre-qualified
    Single Family Residence
    Built in 1948
    0.26 Acres Lot
    $536,800 Zestimate®
    $478/sqft
    $-- HOA

    What's special

    Prime Location, Endless Potential — Sold AS IS! Here's your chance to get into one of Charlotte's hottest neighborhoods at an incredible value! Located just minutes from Uptown, NoDa, and North Campus, this property needs some TLC but offers huge upside for the right buyer. Perfect for a first-time buyer ready to build sweat equity, or an investor looking for a high-return project — this home is zoned for a duplex, triplex, or quadplex, opening the door to redevelopment, rental income, or a full renovation. Nearby homes in this sought-after pocket of Charlotte are selling for over $1 million, making this a rare opportunity to buy in below market value with serious room to grow. You're steps from eclectic dining, breweries, arts venues, and the Light Rail — walkability and lifestyle appeal that keeps this area in high demand. Strong rental comps, booming growth, and a prime location make this a smart buy whether you're planning to renovate, rebuild, or hold long-term. Homes like this don't last — bring your vision and make it yours! Serious inquiries only.
    132 days
    |
    319
    |
    12
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Jennifer Bellinger bellingerventures@gmail.com,

    ERA Live Moore

    Source: Canopy MLS as distributed by MLS GRID,MLS#: 4363982MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 1
      • Full bathrooms: 1
      • Main level bedrooms: 3
      Primary bedroom
      • Features: Attic Stairs Pulldown, None
      • Level: Main
      Heating
      • Natural Gas
      Cooling
      • Central Air
      Appliances
      • Included: Other
      • Laundry: None
      Features
      • Has basement: No
      Interior area
      • Total structure area: 1,181
      • Total interior livable area: 1,181 sqft
      • Finished area above ground: 1,181
      • Finished area below ground: 0

      Property

      Parking
      • Parking features: Driveway
      • Has uncovered spaces: Yes
      Features
      • Levels: One
      • Stories: 1
      Lot
      • Size: 0.26 Acres
      • Dimensions: 33 x 47 x 119 x 35 x 76 x 100
      • Features: Cleared, Level
      Details
      • Parcel number: 083144512
      • Zoning: N2-B
      • Special conditions: Estate

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Ranch
      • Property subtype: Single Family Residence
      Materials
      • Aluminum, Vinyl
      • Foundation: Crawl Space
      Condition
      • New construction: No
      • Year built: 1948

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: City

      Community & HOA

      Community
      • Subdivision: Plaza Hills
      Location
      • Region: Charlotte

      Financial & listing details

      • Price per square foot: $478/sqft
      • Tax assessed value: $453,900
      • Date on market: 4/6/2026
      • Cumulative days on market: 110 days
      • Listing terms: Cash,Conventional,FHA 203(K)
      • Road surface type: Gravel

        Estimated market value

        $536,800

        $510,000 - $564,000

        $2,495/mo

        Price history

        DateEventPrice
        7/22/2026Price change$565,000-1.7%$478/sqft
        Source: Canopy MLS as distributed by MLS GRID #4363982 Report a problem
        4/6/2026Listed for sale$575,000$487/sqft
        Source: Canopy MLS as distributed by MLS GRID #4363982 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025-- $453,900
        2024-- $453,900 -3.7%
        2023-- $471,500 +66.7%
        2022-- $282,800
        2021-- $282,800
        2020-- $282,800
        2019$1,456 +142.6%$282,800 +252.2%
        2018$600 +4.7%$80,300
        2017$573 $80,300
        2016$573 $80,300
        2015$573 -47.5%$80,300 -36.7%
        2014$1,093 $126,800
        2013-- $126,800
        2012-- $126,800
        2011-- $126,800 +97.8%
        2010-- $64,100
        2009-- $64,100
        2008-- $64,100
        2007-- $64,100
        2006-- $64,100
        2005-- $64,100 -1.2%
        2004-- $64,900
        2003-- $64,900 +26.6%
        2002-- $51,280
        2001-- $51,280
        2000-- $51,280
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Villa Heights

        Getting around

        74 / 100
        Very Walkable
        42 / 100
        Some Transit
        45 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Villa Heights

        Source: Canopy MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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