1521 E Morehead St, Charlotte, NC, 28207

$2,150,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
4 Full Baths, 1 Partial
4,306 SqFt
$499/SqFt
Multi
Schools Nearby

Location

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1521 E Morehead St, Charlotte$2,150,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingDriveway, Detached Garage
Year Built1935
HeatingHeat Pump
CoolingCentral Air
BasementYes
FireplaceLiving Room
MLS #4098431
StatusActive

About 1521 E Morehead St

Welcome to 1521 E Morehead Street. Located in one of Charlotte's most coveted zip codes, this 1935 home sits on a generously sized lot and exudes old charm. Currently, the home is comprised of 2 units, one with 3 bedrooms and 3 bathrooms, and the other with 2 bedrooms and 1.5 bathrooms. Each unit has its own private deck overlooking the large backyard. The possibilities here are vast, as one may choose to enjoy the property as it sits with 2 units, convert it into a large single family home, or take advantage of the location and zoning in terms of development. The proximity to all that Myers Park, Midtown and Uptown Charlotte have to offer is unmatched. Properties such as this do not hit the market often and exemplify the very best of Charlotte living.

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1935
  • Living Area: 4,306 SqFt

Listing Office:

  • Office Name: Ivester Jackson Distinctive Properties

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Range
  • Basement: Yes
  • Flooring Type: Carpet, Tile, Wood
  • Fireplace: Living Room

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 4
  • Total Bedroom Count: 5

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Driveway, Detached Garage

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Myers Park High School, Public District Grades 9-12
  • Alexander Graham Middle School, Public District Grades 6-8
  • Eastover Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: From S Kings Drive, turn onto E Morehead St. Property is on your left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,150,000
  • Price Per SqFt: $499/SqFt

Tax Information:

  • Annual Amount: $8,858
  • 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

$409.4K

Med. Price/SqFt

$230

Avg. Days On Market

31

# of Sold Homes

998

1521 E Morehead St vs Charlotte

113 DAYS ON ROCKET

+82 Days

$2,150,000

+$1.7M More

$499/SqFt

+$269 More

KEY TAKEAWAY

This property is $1.7M more than the Median Sold Price and $269/SqFt more than other homes in Charlotte, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #4098431

Listing Office:

  • Office Name: Ivester Jackson Distinctive Properties

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

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Copyright © 2024 MLS GRID.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/28/2024, 11:51:14 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 12, 1993Home Sold
$230,000

Tax History

YEARPROP. TAXASSESSMENT
2021$8,858$917,900
2020$9,040$917,900
2018$5,584$414,500

History based on county public records data.

Payment Calculator

$10.7K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,512

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-2816726
6
/10

  • Eastover Elementary School

  • 500 Cherokee Rd

  • 0.96 miles

  • Public District Grades PK-5

Middle School

school-card-donut-2816727
6
/10

  • Alexander Graham Middle School

  • 1800 Runnymede Ln

  • 2.61 miles

  • Public District Grades 6-8

High School

school-card-donut-2816728
6
/10

  • Myers Park High School

  • 2400 Colony Rd

  • 2.28 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 $140,064. The majority of Charlotte, NC residents have income $200k+ annually. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›North Carolina›Mecklenburg County›Charlotte›28207›1521 E Morehead St

This home is located at 1521 E Morehead St in Charlotte, NC and zip code 28207 in the Myers Park neighborhood. This 4,306 square foot home was built in 1935. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since January 06, 2024 and is currently priced at $2,150,000.

While more than 306 listings in Charlotte, NC in March 2024 were sold above asking price, there were more than 229 listings sold at asking price, and more than 463 were sold below. In March 2024 in Charlotte, NC there were 10% more homes for sale than in February 2024. In March 2024, listings were on the market for 31 days. During the same period, the median list price in this real estate market was $409,486.

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

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