INVESTOR OPPORTUNITY WITH MAJOR UPSIDE!
This expansive 2,800 sq ft ranch + SHOP offers incredible potential for the savvy investor, builder, or renovator. Featuring 3 bedrooms, 2 bathrooms, and a spacious bonus/entertainment room, the layout provides a strong foundation for a high-value transformation, the house could EASILY BE MADE into a 4 Bedroom (its practically setup as a 4 bedroom but just needs a small wall and a door.
The property includes an attached 1-car garage plus a large, detached shop with driveway—perfect for car enthusiasts, woodworkers, or those operating a home-based business.
Ideally located directly across from Paw Creek Elementary, and just minutes to I-485, Charlotte Douglas International Airport, and Uptown Charlotte, this property offers both convenience and long-term value. Optional access to the Coulwood community pool adds additional appeal.
Zoned N1-A (buyer to verify with the City of Charlotte), this parcel presents excellent redevelopment potential, with the possibility for multiple homes, duplexes, or triplexes.
Important Notes: Property does have significant termite damage affecting the front two bedrooms and living room (including floor joists, subflooring, and portions of the sill plate).
Sold AS-IS, with pricing reflective of condition. ARV could be over $600k. CASH, FHA 203k Renovation Loan, or Hard Money Lender
Closed
$317,000
1319 Cathey Rd, Charlotte, NC 28214
3beds
2,810sqft
Single Family Residence
Built in 1958
0.75 Acres Lot
$342,900 Zestimate®
$113/sqft
$2,610 Estimated rent
Home value
$342,900
$326,000 - $360,000
$2,610/mo
Zestimate® history
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$1,904/mo
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Zillow last checked:
Listing updated:
Listed by:
Zach Francis Zach@FrancisTeam.com,
Francis Real Estate Group, Inc
Bought with:
Rocio Garcia
NorthGroup Real Estate LLC
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4366814
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bedrooms: 3
Primary bedroom
- Level: Main
Bedroom s
- Level: Main
Bedroom s
- Level: Main
Bathroom full
- Level: Main
Bathroom full
- Level: Main
Bonus room
- Level: Main
Great room
- Level: Main
Kitchen
- Level: Main
Living room
- Level: Main
Heating
- Central, Ductless
Cooling
- Central Air, Ductless
Appliances
- Included: Dishwasher, Gas Cooktop
- Laundry: Electric Dryer Hookup, Inside
Features
- Flooring: Tile, Wood
- Has basement: No
- Fireplace features: Great Room, Living Room
Interior area
- Total structure area: 2,810
- Total interior livable area: 2,810 sqft
- Finished area above ground: 2,810
- Finished area below ground: 0
Property
Parking
- Total spaces: 4
- Parking features: Attached Garage, Garage Shop, Garage on Main Level
- Attached garage spaces: 4
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Front Porch
- Pool features: Community
- Fencing: Back Yard
Lot
- Size: 0.75 Acres
- Features: Level
Details
- Additional structures: Auto Shop, Outbuilding, Workshop
- Parcel number: 03104911
- Zoning: N1-A
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Brick Full, Cedar Shake, Stone
- Foundation: Crawl Space
Condition
- New construction: No
- Year built: 1958
Utilities & green energy
- Sewer: Public Sewer
- Water: City
- Utilities for property: Cable Available
Community & HOA
Community
- Security: Security System
- Subdivision: Coulwood
HOA
- Has HOA: Yes
Location
- Region: Charlotte
Financial & listing details
- Price per square foot: $113/sqft
- Tax assessed value: $373,700
- Date on market: 4/9/2026
- Cumulative days on market: 73 days
- Listing terms: Cash,FHA 203(K)
- Road surface type: Concrete, Paved
Price history
| Date | Event | Price |
|---|---|---|
| 8/4/2026 | Sold | $317,000-9.4%$113/sqft |
Source:  Canopy MLS as distributed by MLS GRID #4366814 Report a problem | ||
| 6/8/2026 | Price change | $350,000-12.5%$125/sqft |
Source: Canopy MLS as distributed by MLS GRID #4366814 Report a problem | ||
| 5/6/2026 | Price change | $399,900-5.9%$142/sqft |
Source: Canopy MLS as distributed by MLS GRID #4366814 Report a problem | ||
| 4/9/2026 | Listed for sale | $425,000+246.9%$151/sqft |
Source: Canopy MLS as distributed by MLS GRID #4366814 Report a problem | ||
| 2/20/1998 | Sold | $122,500$44/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $373,700 |
| 2024 | -- | $373,700 |
| 2023 | -- | $373,700 +58.6% |
| 2022 | -- | $235,600 |
| 2021 | -- | $235,600 |
| 2020 | -- | $235,600 |
| 2019 | $2,365 | $235,600 +22.1% |
| 2018 | -- | $192,900 |
| 2017 | $2,550 | $192,900 |
| 2016 | $2,550 | $192,900 |
| 2015 | $2,550 +0.4% | $192,900 |
| 2014 | $2,540 | -- |
| 2013 | -- | $192,900 -0.2% |
| 2012 | -- | $193,300 |
| 2011 | -- | $193,300 +26.5% |
| 2010 | -- | $152,800 |
| 2009 | -- | $152,800 |
| 2008 | -- | $152,800 |
| 2007 | -- | $152,800 |
| 2006 | -- | $152,800 |
| 2005 | -- | $152,800 |
| 2004 | -- | $152,800 |
| 2003 | -- | $152,800 +18.1% |
| 2002 | -- | $129,330 |
| 2001 | -- | $129,330 |
| 2000 | -- | $129,330 |
Find assessor info on the county website
Neighborhood: Coulwood West
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Nearby schools
GreatSchools rating
- 10/10Paw Creek ElementaryGrades: PK-5Distance: 0.2 mi
- 9/10Coulwood MiddleGrades: 6-8Distance: 0.9 mi
- 2/10West Mecklenburg HighGrades: 9-12Distance: 3.1 mi
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Estimated market value
$342,900
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Estimated market value
$342,900
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