718 W Trade St Unit 705, Charlotte, NC, 28202

$425,000

Home List Price

$5,047*

Closing Credit

2 Bedrooms
2 Full Baths
1,145 SqFt
$371/SqFt
Condo
Schools Nearby

Location

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718 W Trade St Unit 705, Charlotte$425,000

Buyer Closing Credits

$5,047*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Electric Gate, Parking Deck
Year Built2000
HeatingCentral, Heat Pump
CoolingCeiling Fan(s), Central Air
BasementYes
FireplaceGas Log, Living Room
MLS #4136410
StatusActive

About 718 W Trade St Unit 705

Stunning 2 BEDROOM, 2 BATH luxury condo on the 7th floor in Gateway Plaza Uptown! This unit comes w/ TWO assigned spots in gated parking deck. Excellent open floorplan layout with modern kitchen, SS appliances and bar top for entertaining your guests. Spacious split bedrooms each offers large walk-in closets w/ private bathrooms. Large balcony just off the living room is a must-see w/ amazing courtyard views overlooking the community pool and garden. Take the elevator to the rooftop and access the clubhouse and rooftop patio boasting an entertaining area, grills, indoor & outdoor seating, TVs, and a full kitchen overlooking the AMAZING CHARLOTTE SKYLINE VIEWS! NEW HVAC in 2022. Amenities include the community pool, secured building access, gated parking, & rooftop terrace. Amazing location walking distance to Panthers Stadium, BB&T Ballpark and many entertainment and fine dining options. Take the trolly right outside the front entrance or hop onto the convenient LYNX light rail nearby.

Property Details

Property Features

Property Information:

  • Year Built: 2000
  • Living Area: 1,145 SqFt

Listing Office:

  • Office Name: Urban Nest Realty, LLC

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer/Dryer
  • Basement: Yes
  • Flooring Type: Carpet, Laminate, Tile
  • Interior: Breakfast Bar, Cable Prewire, Open Floorplan, Pantry, Walk-In Closet(s)
  • Fireplace: Gas Log, Living Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Elevator, Gas Grill, Lawn Maintenance, Outdoor Kitchen, In Ground Pool, Rooftop Terrace

Parking Information:

  • Attached Garage: No
  • Parking: Assigned, Electric Gate, Parking Deck

Utilities

Utilities Information:

  • Heating: Central, Heat Pump
  • Cooling: Ceiling Fan(s), Central Air

School Info

Assigned Schools Information:

  • West Charlotte High School, Public District Grades 9-12
  • Ashley Park Pre K-8 School, Public District Grades PK-8

Other

Directions Information:

  • Directions: CORNER OF WEST TRADE ST AND CEDAR ST. PARK ON STREET IN FRONT OF BLDG. ON TRADE ST. METER PARKING OR IN ATTACHED PARKING DECK. In parking deck, drive to 4th floor (ladybugs), turn right and if you were to drive straight into the wall you would hit the lockbox cabinet, labeled lockbox. Lockbox on bottom row to very right marked #705. Take Catwalk (to right of the lockbox cabinet) to Gateway building. Use fob to access door and take elevator to 7th floor. Unit #705 is first unit after you step off elevator.

Price Information

Listing Price Info

Price Summary:

  • List Price: $425,000
  • Price Per SqFt: $371/SqFt

HOA Fees:

  • Amount: $350
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $2,590
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Charlotte, NC.

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Charlotte, NC

City

Med. Sold Price

$411.6K

Med. Price/SqFt

$231

Avg. Days On Market

27

# of Sold Homes

1000

718 W Trade St Unit 705 vs Charlotte

14 DAYS ON ROCKET

-13 Days

$425,000

+$13.3K More

$371/SqFt

+$139 More

KEY TAKEAWAY

This property is $13.3K more than the Median Sold Price and $139/SqFt more than other homes in Charlotte, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #4136410

Listing Office:

  • Office Name: Urban Nest Realty, LLC

IDX Listings courtesy of Canopy MLS as distributed by MLS GRID.

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/18/2024, 6:21:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 19, 2015Home Sold
$245,000
Jun 29, 2007Home Sold
$322,500

Tax History

YEARPROP. TAXASSESSMENT
2021$2,590$268,400
2020$2,815$268,400
2018$2,632$187,900

History based on county public records data.

Payment Calculator

$2,539

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,341

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3391506
3
/10

  • Ashley Park Pre K-8 School

  • 2401 Belfast Dr

  • 2.38 miles

  • Public District Grades PK-8

High School

school-card-donut-3391507
2
/10

  • West Charlotte High School

  • 2219 Senior Dr

  • 2.36 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $76,339. The most common annual income of people living in Charlotte, NC is between $35k-100k. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 718 W Trade St Unit 705

What is the listing price of this property?

The listing price of 718 W Trade St Unit 705 property is $425,000.

What type of property is this?

The property 718 W Trade St Unit 705 is a condo located in Charlotte, North Carolina, 28202.

Is this property for sale now?

Active Listing: 718 W Trade St Unit 705 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 718 W Trade St Unit 705 are:
Ashley Park Pre K-8 School: GreatSchools Rating 3/10
West Charlotte High School: GreatSchools Rating 2/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $2,590 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on March 19, 2015 for $245,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 718 W Trade St Unit 705 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 718 W Trade St Unit 705 is 1,145 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 718 W Trade St Unit 705 is 2000.

Rocket Homes›North Carolina›Mecklenburg County›Charlotte›28202›718 W Trade St Unit 705

This home is located at 718 W Trade St Unit 705 in Charlotte, NC and zip code 28202 in the Fourth Ward neighborhood. This 1,145 square foot home was built in 2000. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 03, 2024 and is currently priced at $425,000.

While more than 343 listings in Charlotte, NC in April 2024 were sold above asking price, there were more than 232 listings sold at asking price, and more than 425 were sold below. Between March 2024 and April 2024, Charlotte, NC real estate market has seen increase in the number of listings by 2.4%. In April 2024, listings were on the market for 27 days. During the same period, the median list price in this real estate market was $411,693.

From Rocket Homes Real Estate and based on county public records data.

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