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  • $1,200,000

    625 S Summit Ave, Charlotte, NC 28208

    8beds
    3,508sqft
    Quadruplex
    Built in 1946
    -- sqft lot
    $1,186,100 Zestimate®
    $342/sqft
    $2,731 Estimated rent

    Home value

    $1,186,100

    $1.10M - $1.27M

    $2,731/mo

    Zestimate® history
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    $2,731/mo

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    $7,030/mo

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    What's special

    Rare quad-plex opportunity in Wesley Heights! This multi is in one of the the hottest districts and is adjacent to some of the best Charlotte has to offer. Each unit is 2 bed/1 bath with a private covered patio and in-unit laundry. The off-street parking makes for safe and secure parking for tenants, and there is additional green space behind the parking area, a great space for pets. There is a beautiful community patio with fire pit, and the entire building is joined by an interior hallway, but each unit also has it's own exterior access. This property is located in an Opportunity Zone, so if you're looking for some unique tax advantages definitely look into this! All 4 HVAC units replaced in 2021 and have been on monthly maintenance agreements.

    Zillow last checked:

    Listing updated:

    Listing Provided by:

    Scott Hosey scott@tradetryonrealty.com,

    Trade & Tryon Realty

    Bought with:

    Non Member

    Canopy Administration

    Source: Canopy MLS as distributed by MLS GRID,MLS#: 4131848MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Heat Pump
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Electric Range, Washer/Dryer
    • Laundry: In Kitchen, In Unit
    Features
    • Flooring: Laminate, Tile, Wood
    • Has basement: No
    • Fireplace features: Fire Pit, Outside
    Interior area
    • Total structure area: 3,508
    • Total interior livable area: 3,508 sqft
    • Finished area above ground: 3,508
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 5
    • Parking features: On Street, Parking Lot
    • Garage spaces: 5
    • Has uncovered spaces: Yes
    • Details: Off-street parking behind building. Driveway is shared.
    Features
    • Stories: 2
    • Patio & porch: Balcony, Covered, Patio
    Lot
    • Size: 0.23 Acres
    Details
    • Parcel number: 07324117
    • Zoning: R-5
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Colonial
    • Property subtype: Quadruplex
    Materials
    • Brick Full
    • Foundation: Crawl Space
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1946

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: City

    Community & neighborhood

    Location
    • Region: Charlotte
    • Subdivision: Wesley Heights

    Other

    Other facts
    • Listing terms: Cash,Conventional
    • Road surface type: Asphalt, Paved

    Price history

    DateEventPrice
    6/14/2024Sold$1,200,000-7.7%$342/sqft
    Source: Canopy MLS as distributed by MLS GRID #4131848 Report a problem
    6/5/2024Pending sale$1,299,900$371/sqft
    Source: Canopy MLS as distributed by MLS GRID #4131848 Report a problem
    5/10/2024Listed for sale$1,299,900+291.5%$371/sqft
    Source: Canopy MLS as distributed by MLS GRID #4131848 Report a problem
    1/7/2014Sold$332,000$95/sqft
    Source: Canopy MLS as distributed by MLS GRID #2181575 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $667,000
    2024-- $667,000
    2023-- $667,000 +22.5%
    2022-- $544,300
    2021-- $544,300
    2020-- $544,300
    2019$5,619 +101%$544,300 +185.4%
    2018$2,796 +4.2%$190,700
    2017$2,682 $190,700
    2016$2,682 $190,700
    2015$2,682 +3%$190,700
    2014$2,605 $190,700 +45.4%
    2013-- $131,200 -3.5%
    2012-- $135,900
    2011-- $135,900 +11.2%
    2010-- $122,200
    2009-- $122,200
    2008-- $122,200
    2007-- $122,200
    2006-- $122,200
    2005-- $122,200
    2004-- $122,200
    2003-- $122,200 +163.2%
    2002-- $46,420
    2001-- $46,420
    2000-- $46,420

    Find assessor info on the county website

    Neighborhood: Wesley Heights

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,186,100
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,186,100