301 Colville Market Analysis by Dickens Mitchener

VALUATION WORKBOOK

301 Colville Rd, Charlotte, NC 28207

Pre se n t e d b y |

Carolyn Taylor

Broker

North Carolina Real Estate License: 171443 North Carolina Appraisal License: 171443 File ID: 301 Colville Rd, Charlotte, NC 28207

M o b i l e : ( 704 ) 236 - 1936 | Fa x : ( 704 ) 236 - 1936 |

Dickens Mitchener Residential Real Estate

2330 R a n d o l p h R d C h a r l o t t e, N C 28207 |

4/4/2022

April 6, 2021 Hello Patricia and Bruce, Welcome to the official Comparable Market analysis. From the sold properties sent earlier, I chose the 4 sold in the last year that had at a minimum lot of .88 and maximum of 2.1. The properties are 401 Hempstead (house and 2 acres) without the adjoining lot of 1 acre for $7.7, 300 Cherokee Road 1.67 acres at $5.150, 631Museum with .88 acres at 4.4 435 Hermitage with 1.4 acres at 4.835 I consulted with an appraiser who has in the past both appraised 301 Colville and Cherokee. I adjusted for square feet, lot size and condition. This provides adjusted prices. The goal is to adjust the comparable to the subject property. . The CMA program with adjustments price comes in at $5.373 With our goal of 5.8-6 million, I recommend pricing right in the $5.3-5.5 range with the strategy to stack appointments, drive urgency to get a higher price. When sellers start higher, like the case of Hermitage and Museum, buyers pick the house apart. They are looking for perfection. The feedback for Hermitage was the kitchen and baths needed updating! Good lord the house was beautiful. Museum had the flood plain and layout issues. I also produced a spreadsheet from MLS information, outside of the CMA computer program that compares List Price and original list price to sales price and those ratios. Juxtaposed are the days on market and price per square foot. This spreadsheet demonstrates the importance of pricing in relation to days on market and overall ratios. The lower grid represents 2 properties that were on the market and did not sell. Dilworth Road had an offer of 6 million but did not take it. The buyer pivoted and bought my 4 million dollars listing at 1137 Queens. Both Selwyn and Dilworth Road reduced their price but by that time the buyer market lost interest. So, there is always risk when pricing If your kitchen and the sliding glass door were renovated, I would say let’s start set 5.8, I fear if we do, buyers will look for reasons not to buy and start noting the kitchen and windows instead of outstanding attributes of the home. When I sold 401 Hempstead Place, we said we would like 7 million plus with the option to buy the lot at 1.5+++. Going into it, I do not think this buyer imagined he would be at $9.2. The strategy was to create a perception of value with the notion of scarcity. I told Steve I felt the Property was worth 8 to 10 and the market spoke, but only after we created value. It will be easy to create and upsell your unique property. The architecture, the uniqueness, the landscaping and the lot will elevate this property. We have so much to work with here. It is one of a kind. Additionally, the buyers are out there with the purchasing power. These buyers go into the market with the ideal of paying market price /getting a good deal and are keen to that goal but will pay more if pushed there. Read through the market analysis. You will have questions so call me at your convenience. I look forward to working with you both and a successful transaction! Carolyn

SUBJECT PROPERTY

File ID: 301 Colville Rd, Charlotte, NC 28207

Listing Date: – MLS Name: – MLS Listing ID: –

301 Colville Rd, Charlotte, NC 28207 Home Facts Sale/Finance Concession Property Type Property Subtype Total Rooms Total Rooms Above Grade Bedrooms Bedrooms Above Grade Building Size sq ft range (low) Building Size sq ft range (high) Total Baths Total Baths Above Grade Full Baths Full Baths Above Grade Partial Baths Partial Baths Above Grade Living Area (sq ft) Living Area Above Grade (sq ft) Basement (sq ft) Finished Rooms Below Grade Lot Size Lot Dimensions Garage Garage (sq ft) Pool Location Tenure View View Factors Style Quality of Construction Year Built Age Condition Functional Utility Heating Features Cooling Features Energy Efficient Items Porch/Patio/Deck Roofing Features Fireplaces Basement Features Foundation Features Construction Features Exterior Wall Features Number of Buildings Number of Units Number of Stories Updates

Public Facts

Listing Facts

Refinements

– Single Family Single Family Residential – – 4 – – – 5.2 – 5 – 2 – 6,577 – – – – – – – Yes – – – – – – 1981 41 – – Yes Central – – Slate 1 – Crawl/Raised – Stucco – – 1.5 –

– – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – –

– Single Family – – – – – – – – – – – – – 6,607 – – – 1.4 acres – – – – – – – – – – – – – – – – – – – – – – – – – – – Original Kitchen

4/4/2022

File ID: 301 Colville Rd, Charlotte, NC 28207

Aerial Map

Legend:

Subject Property

Birdseye Map

Legend:

Subject Property

4/4/2022

File ID: 301 Colville Rd, Charlotte, NC 28207

301 Colville Rd, Charlotte, NC 28207

Legend:

Listing Date: – MLS Name: – MLS Listing ID: –

Subject Property

Off Market

Sold Date: 3/1/2018, Public Record

Result of Sales Comparison Analysis

$5,373,850

(or $813 / sq ft)

Last Analysis Update: 4/4/2022

$4.56M – $6.63M (or $690 – $1K / sq ft)

Current Estimated Value

$3,172,140 Last RVM® Update: 3/23/2022

Number of Comps Chosen

RVM® Est. Range: $2.7M – $3.65M RVM® Confidence:

Comps Range

RVM® Change - Last 1 Month: $63,770

$4.45M – $5.6M

RVM® Change - Last 12 Months: 5.27%

This report contains data and information that is publicly available and/or licensed from third parties and is provided to you on an "as is" and "as available" basis. The information is not verified or guaranteed. Neither this report nor the estimated value of a property is an appraisal of the property. Any valuation shown in this report has been generated by use of proprietary computer software that assembles publicly available property records and certain proprietary data to arrive at an approximate estimate of a property's value. Some portions of this report may have been provided by an RPR user; RPR is not responsible for any content provided by its users. RPR and its information providers shall not be liable for any claim or loss resulting from the content of, or errors or omissions in, information contained in this report.

4/4/2022

VALUATIONS, COMPARABLES & ADJUSTMENTS

File ID: 301 Colville Rd, Charlotte, NC 28207

Comps and Adjustments Map 301 Colville Rd, Charlotte, NC 28207

Closed

300 Cherokee Rd, Charlotte, NC 28207

Sold Date: 3/1/2018 Public Record

Closed

Sold Date: 7/19/2021 Public Record

Closed Sold Date: 5/5/2021 MLS Listing 3682220: 11/20/2020

Price:

$3,186,822

$5,150,000

$4,450,000

Adjusted:

$5,600,000

$4,707,800

5 bed 4.1 bath 4,386 sqft

6 bed 6.2 bath 7,378 sqft

4 bed 5.2 bath 6,607 sqft

401 Hempstead Pl, Charlotte, NC 28207

631 Museum Dr, Charlotte, NC 28207

Closed

325 Hermitage Rd, Charlotte, NC 28207

Sold Date: 5/20/2021 Public Record

Expired Expired: 8/24/2021 MLS Listing 3718863: 3/24/2021

Price:

$5,597,000

$5,395,000

Adjusted:

$6,632,000

$4,555,600

5 bed 5.1 bath 10,699 sqft

6 bed 5.2 bath 8,004 sqft

4/4/2022

1.35 2.01 1.67

0.88 1.02

Closed

Withdrawn

401Hempstead Place

300 Cherokee

1508 Dilworth Road

2538 Selwyn Avenue

Closed

631 Museum Drive

8,004 2021-03-11 $5,395,000.00 $4,835,000.00

7.00

6.00

5,285

5,791

$4,815,000.00

$5,800,000.00

4,478 2021-03-11 $5,250,000.00 $5,150,000.00

8 11,781 2021-05-21 $7,000,000.00 $7,700,000.00

$4,815,000.00

$6,950,000.00

0.98 $5,250,000.00

1.1 $7,000,000.00

0.89 $5,395,000.00

Average=

0.98

1.1

0.89

$911.07

$1,001.55

$770.05

$1,150.00

$653.00

$674.04

353

162

1917

1919

1996

CP / Original LP CP/Original Price per Lot Beds Bat Sq Ft Close List Price Close Price DOM Year LP LP SQFT Built Size Total hs Total Date Are 0.91 6 Tota8 7,378 2021-05-0 $4,700,000.00 $4,450,000.00 0.95 $4,850,000.00 0.92 $603.14 150 2006 5

325 Hermitage Road Closed

Status

Address

File ID: 301 Colville Rd, Charlotte, NC 28207

Sales Comparables Analysis Summary Result of Sales Comparison Analysis

Number of Comps Chosen

$5,373,850 (or $813 / sq ft)

Last Analysis Update: 4/4/2022

Comps Range

$4.56M – $6.63M

$4.45M – $5.6M

(or $690 – $1K / sq ft)

Current Range of Comparable Homes Compares the estimated value of the subject property with the comps selected in the Sales Comparison Analysis. Comps: Subject Property (Appraisal Price) For Sale (List Price) Pending (List Price) Recently Closed (Closed Price) Distressed (List Price) Pending Distressed (List Price) Off Market (Estimate)

#4 $4.3M

#1 $5.37M

#3 $6.9M

Subject

Historical Range of Comparable Homes Compares the estimated value of the subject property with the highest, median and lowest comps selected in the Sales Comparison Analysis. Subject Property Estimated Value Highest Median Lowest

4/4/2022

File ID: 301 Colville Rd, Charlotte, NC 28207

Comps Selected In Analysis

Address

301 Colville Rd, Charlotte, NC 28207

Status

Subject Property

MLS Name MLS Listing ID Proximity Value Price Per Sq. Ft. Sale/Finance Concession Property Type Property Subtype Total Rooms Total Rooms Above Grade Bedrooms Bedrooms Above Grade Building Size sq ft range (low) Building Size sq ft range (high) Total Baths Total Baths Above Grade Full Baths Full Baths Above Grade Partial Baths Partial Baths Above Grade Living Area (sq ft) Living Area Above Grade (sq ft) Basement (sq ft) Finished Rooms Below Grade Lot Size Lot Dimensions Garage Garage (sq ft) Pool Location Tenure View View Factors Style Quality of Construction

– – $5,373,850 $813 – Single Family Single Family Residential – – 4 – – – 5.2 – 5 – 2 – 6,607 – – – 1.4 acres – – – Yes – – – – – –

300 Cherokee Rd Charlotte, NC 28207 Closed – – .26 Mi. SW $5,150,000 $1,174 – Single Family Single Family Residential – – 5 – – – 4.1 – 4 – 1 – 4,386 +$500,000 – – – 1.69 acres -$250,000 1.687 AC Yes – – – – – – – –

631 Museum Dr Charlotte, NC 28207 Off Market Canopy MLS 3682220 .52 Mi. S $4,450,000 $603 – Single Family 2.5 Story – – 6 – – – 6.2 – 6 – 2 – 7,378 -$92,200 – – – 0.91 acres +$100,000 135X300X130X300 – – – Flood Plain +$250,000 – – – – –

4/4/2022

File ID: 301 Colville Rd, Charlotte, NC 28207

Comps Selected In Analysis

Address

301 Colville Rd, Charlotte, NC 28207

Status

Subject Property

300 Cherokee Rd Charlotte, NC 28207 Closed

Year Built Age Condition Functional Utility Heating Features

1981 41 – – Yes

1935 87 – – Yes

Cooling Features Energy Efficient Items Porch/Patio/Deck Roofing Features Fireplaces Basement Features Foundation Features Construction Features Exterior Wall Features Number of Buildings Number of Units Number of Stories Updates True Sales Price Net Adjustments (%) Gross Adjustments (%) Net Adjustments Net Adjustments Per Sq. Ft. Net Adjusted Value Net Adjusted Value Per Sq. Ft. Comp Weighting Notes from Carolyn Taylor

Central – – Slate 1 – Crawl/Raised – Stucco – – 1.5 Original Kitchen –

Central – – Slate 1 – Crawl/Raised – Brick Veneer – – 2 1995 Kitchen/baths +$200,000 – +8.74% 18.45% +$450,000 +$103 $5,600,000 $1,277 25% Appraiser said adjust down for the lot. This lot was deep and flat and more usable, not on corner. The house needed a minimum of $200,000 in improvements(which is 1/3 roughly real cost)

631 Museum Dr Charlotte, NC 28207 Off Market 2006 16 – – Central Air, Gas Hot Air, Heat Pump - Ac, Heat Pump - Heat, Multizone A/C, Multizone Heat Central – – – 2 No Crawl Space – Full Brick 2 – 2.5 – – +5.79% 9.94% +$257,800 +$35 $4,707,800 $638 25% Appraiser said he would adjust fro flood plain vs lot because back yard flat usable and difference was flood plain.

4/4/2022

File ID: 301 Colville Rd, Charlotte, NC 28207

Comps Selected In Analysis

Address Status MLS Name MLS Listing ID Proximity Value Price Per Sq. Ft. Sale/Finance Concession Property Type Property Subtype Total Rooms Total Rooms Above Grade Bedrooms Bedrooms Above Grade Building Size sq ft range (low) Building Size sq ft range (high) Total Baths Total Baths Above Grade Full Baths Full Baths Above Grade Partial Baths Partial Baths Above Grade Living Area (sq ft) Living Area Above Grade (sq ft) Basement (sq ft) Finished Rooms Below Grade Lot Size Lot Dimensions Garage Garage (sq ft) Pool Location Tenure View View Factors Style Quality of Construction

401 Hempstead Pl Charlotte, NC 28207 Off Market – – .06 Mi. SE $5,597,000 $527 – Single Family Single Family Residential – – 5 – – – 5.1 – 5 – 1 – 10,699 -$818,000 – – – 2.1 acres -$250,000 29969 SF – – – – – – – – –

325 Hermitage Rd Charlotte, NC 28207 Expired Canopy MLS 3718863 .6 Mi. W $5,395,000 $674 – Single Family 2 Story – – 6 – – – 5.2 – 5 – 2 – 8,004 -$279,400 – – – 1.35 acres 1.354 AC – – – Green Space, Level, Trees – – – – –

4/4/2022

File ID: 301 Colville Rd, Charlotte, NC 28207

Comps Selected In Analysis

Address Status Year Built Age Condition Functional Utility Heating Features Cooling Features Energy Efficient Items Porch/Patio/Deck Roofing Features Fireplaces Basement Features Foundation Features Construction Features Exterior Wall Features Number of Buildings Number of Units Number of Stories Updates True Sales Price Net Adjustments (%) Gross Adjustments (%) Net Adjustments Net Adjustments Per Sq. Ft. Net Adjusted Value Net Adjusted Value Per Sq. Ft. Comp Weighting Notes from Carolyn Taylor

401 Hempstead Pl Charlotte, NC 28207 Off Market 1955 67 – – Yes Central – – – 1 – Crawl/Raised – Stucco 2 – 2.5 Kitchen from 1995 Real sales price adjustment +$2,103,000 +18.49% 56.66% +$1,035,000 +$97 $6,632,000 $620 25% –

325 Hermitage Rd Charlotte, NC 28207 Expired 1996 26 – – Gas Hot Air, Multizone A/C Central – – Slate 1 No Crawl Space – Cedar Shake, Wood – – 2 Original Kitchen but newer Real Sales Price adjust -$560,000 -15.56% 15.56% -$839,400 -$105 $4,555,600 $569 25% –

4/4/2022

File ID: 301 Colville Rd, Charlotte, NC 28207

Price per Square Foot This graph compares the local market's median estimated home value per square foot with sample properties in the market. Price / sq ft Trend

Median Sales Price This graph compares the local market's median sales price with the sales price for the sample properties in the market. Sale Price Trend

Total Sales and Listings This graph compares the number of sales with the number of listings in the local market. Listings Sales

List Price vs. Sales Price This graph compares the median listing price with the sales price in the local market. Listing Price Sales Price

4/4/2022

File ID: 301 Colville Rd, Charlotte, NC 28207

Median Days in RPR This graph displays the median days in RPR in the local market. Days in RPR

Sales Price vs. RVM This graph compares the sales price with the RVM in the local market. RVM Sales Price

Months Supply of Housing Inventory This chart shows the trend in housing inventory in the local market. Inventory

Absorption Rate This chart shows the trend in absorption rate in the local market. Absorption Rate

4/4/2022

SOLD PROPERTY DETAIL

File ID: 301 Colville Rd, Charlotte, NC 28207

MLS Name: – MLS Listing ID: –

300 Cherokee Rd, Charlotte, NC 28207 Status Proximity Value Price Per Sq. Ft. Sale/Finance Concession Property Type Property Subtype Total Rooms Total Rooms Above Grade Bedrooms Bedrooms Above Grade Building Size sq ft range (low) Building Size sq ft range (high) Total Baths Total Baths Above Grade Full Baths Full Baths Above Grade Partial Baths Partial Baths Above Grade Living Area (sq ft) Living Area Above Grade (sq ft) Basement (sq ft) Finished Rooms Below Grade Lot Size Lot Dimensions Garage Garage (sq ft) Pool Location Tenure View View Factors Style Quality of Construction Year Built Age Condition Functional Utility Heating Features Cooling Features Energy Efficient Items Porch/Patio/Deck Roofing Features Fireplaces Basement Features Foundation Features Construction Features Exterior Wall Features

Public Facts Closed .26 Mi. SW $5,150,000 $1,174 – Single Family Single Family Residential – – 5 – – – 4.1 – 4 – 1 – 4,386 – – – 1.69 acres 1.687 AC Yes – – – – – – – – 1935 87 – – Yes Central – – Slate 1 – Crawl/Raised – Brick Veneer

Adjustments

LEGEND:

+$500,000

Subject Property This Property

Closed Sold Date: 7/19/2021 Public Record

Closed Price -$250,000

$5,150,000 Adjusted Price

$5,600,000 Net Adjustments ($ / %)

+$450,000 / +8.74% Gross Adjustments ($ / %)

$950,000 / 18.45% Notes from Carolyn Taylor Appraiser said adjust down for the lot. This lot was deep and flat and more usable, not on corner. The house needed a minimum of $200,000 in improvements(which is 1/3 roughly real cost)

4/4/2022

File ID: 301 Colville Rd, Charlotte, NC 28207

Number of Buildings

Public Facts –

Number of Units Number of Stories Updates True Sales Price

– 2 – –

Adjustments

1995 Kitchen/baths

+$200,000

4/4/2022

File ID: 301 Colville Rd, Charlotte, NC 28207

MLS Name: Canopy MLS MLS Listing ID: 3682220

631 Museum Dr, Charlotte, NC 28207 Status Proximity Value Price Per Sq. Ft. Sale/Finance Concession Property Type Property Subtype Total Rooms Total Rooms Above Grade Bedrooms Bedrooms Above Grade Building Size sq ft range (low) Building Size sq ft range (high) Total Baths Total Baths Above Grade Full Baths Full Baths Above Grade Partial Baths Partial Baths Above Grade Living Area (sq ft) Living Area Above Grade (sq ft) Basement (sq ft) Finished Rooms Below Grade Lot Size Lot Dimensions Garage Garage (sq ft) Pool Location Tenure View View Factors Style Quality of Construction Year Built Age Condition Functional Utility Heating Features

Cooling Features Energy Efficient Items Porch/Patio/Deck Roofing Features Fireplaces Basement Features Foundation Features

Listing Facts Adjustments Off Market .52 Mi. S $4,450,000 $603 – Single Family 2.5 Story – – 6 – – – 6.2 – 6 – 2 – 7,378 – – – 0.91 acres 135X300X130X300 – – – Flood Plain – – – – – 2006 16 – – Central Air, Gas Hot Air, Heat Pump - Ac, Heat Pump - Heat, Multizone A/C, Multizone Heat – – – – Yes No Crawl Space

LEGEND:

Subject Property This Property

Closed -$92,200

Sold Date: 5/5/2021 MLS Listing 3682220: 11/20/2020

Closed Price

$4,450,000 +$100,000

Adjusted Price

$4,707,800 Net Adjustments ($ / %) +$250,000

+$257,800 / +5.79% Gross Adjustments ($ / %)

$442,200 / 9.94% Notes from Carolyn Taylor Appraiser said he would adjust fro flood plain vs lot because back yard flat usable and difference was flood plain.

4/4/2022

File ID: 301 Colville Rd, Charlotte, NC 28207

Construction Features

Listing Facts –

Exterior Wall Features Number of Buildings Number of Units Number of Stories Updates True Sales Price

Full Brick – – – – –

Adjustments

4/4/2022

File ID: 301 Colville Rd, Charlotte, NC 28207

Property Photos: 631 Museum Dr, Charlotte, NC 28207

4/4/2022

File ID: 301 Colville Rd, Charlotte, NC 28207

4/4/2022

File ID: 301 Colville Rd, Charlotte, NC 28207

MLS Name: – MLS Listing ID: –

401 Hempstead Pl, Charlotte, NC 28207 Status Proximity Value Price Per Sq. Ft. Sale/Finance Concession Property Type Property Subtype Total Rooms Total Rooms Above Grade Bedrooms Bedrooms Above Grade Building Size sq ft range (low) Building Size sq ft range (high) Total Baths Total Baths Above Grade Full Baths Full Baths Above Grade Partial Baths Partial Baths Above Grade Living Area (sq ft) Living Area Above Grade (sq ft) Basement (sq ft) Finished Rooms Below Grade Lot Size Lot Dimensions Garage Garage (sq ft) Pool Location Tenure View View Factors Style Quality of Construction Year Built Age Condition Functional Utility Heating Features Cooling Features Energy Efficient Items Porch/Patio/Deck Roofing Features Fireplaces Basement Features Foundation Features Construction Features Exterior Wall Features

Public Facts Off Market .06 Mi. SE $5,597,000 $527 – Single Family Single Family Residential – – 5 – – – 5.1 – 5 – 1 – 10,613 – – – 0.69 acres 29969 SF – – – – – – – – – 1955 67 – – Yes Central – – – 1 – Crawl/Raised – Stucco

Adjustments

LEGEND:

10,699

-$818,000

Subject Property This Property

Closed Sold Date: 5/20/2021 Public Record

Est. Value 2.1 acres

-$250,000

$5,597,000 Adjusted Price

$6,632,000 Net Adjustments ($ / %)

+$1,035,000 / +18.49% Gross Adjustments ($ / %)

$3,171,000 / 56.66%

4/4/2022

File ID: 301 Colville Rd, Charlotte, NC 28207

Number of Buildings

Public Facts 2

Number of Units Number of Stories Updates True Sales Price

– 2.5 – –

Adjustments

Kitchen from 1995 Real sales price adjustment +$2,103,000

4/4/2022

File ID: 301 Colville Rd, Charlotte, NC 28207

MLS Name: Canopy MLS MLS Listing ID: 3718863

325 Hermitage Rd, Charlotte, NC 28207 Status Proximity Value Price Per Sq. Ft. Sale/Finance Concession Property Type Property Subtype Total Rooms Total Rooms Above Grade Bedrooms Bedrooms Above Grade Building Size sq ft range (low) Building Size sq ft range (high) Total Baths Total Baths Above Grade Full Baths Full Baths Above Grade Partial Baths Partial Baths Above Grade Living Area (sq ft) Living Area Above Grade (sq ft) Basement (sq ft) Finished Rooms Below Grade Lot Size Lot Dimensions Garage Garage (sq ft) Pool Location Tenure View View Factors Style Quality of Construction Year Built Age Condition Functional Utility Heating Features Cooling Features Energy Efficient Items Porch/Patio/Deck Roofing Features Fireplaces Basement Features Foundation Features Construction Features Exterior Wall Features

Listing Facts Expired .6 Mi. W $5,395,000 $674 – Single Family 2 Story – – 6 – – – 5.2 – 5 – 2 – 8,004 – – – 1.35 acres – – – – Green Space, Level, Trees – – – – – 1996 26 – – Gas Hot Air, Multizone A/C – – – – Yes No Crawl Space – Cedar Shake, Wood

Adjustments

LEGEND:

-$279,400

Subject Property This Property

Expired Expired: 8/24/2021 MLS Listing 3718863: 3/24/2021

List Price

$5,395,000 Adjusted Price

$4,555,600 Net Adjustments ($ / %)

-$839,400 / -15.56% Gross Adjustments ($ / %)

$839,400 / 15.56%

4/4/2022

File ID: 301 Colville Rd, Charlotte, NC 28207

Number of Buildings

Listing Facts –

Number of Units Number of Stories Updates True Sales Price

– – – –

Adjustments

Original Kitchen but newer Real Sales Price adjust -$560,000

4/4/2022

File ID: 301 Colville Rd, Charlotte, NC 28207

Property Photos: 325 Hermitage Rd, Charlotte, NC 28207

4/4/2022

File ID: 301 Colville Rd, Charlotte, NC 28207

4/4/2022

ACTIVES & UNDER CONTRACT

Residential Property Client Brief 1837 Shoreham Drive, Charlotte, NC 28211 MLS#: Tax Location: County: Subdivision: Category: Type: Elem:

3845004 Charlotte Mecklenburg Myers Park Single Family 2 Story Selwyn

Status: Beds: Baths: Addtnl Sqft: List Type:

CS 6 5/3 616 Exclusive

Recent:

04/05/2022 : Coming Soon : ->CS

UC Dt: Closed Dt: Total HLA: 6,670 Non-HLA Sqft: 0 Right

Middle:

Alexander Graham

List Price: $3,950,000 Slr Contr: Approx Acres: 0.50 Year Built: 2004 Lot/Unit #: High:

Myers Park

907 Huntington Park Drive, Charlotte, NC 28211-3921 MLS#: Tax Location: County: Subdivision: Category: Type: Elem: Directions:

3844435 Status: ACT UC Dt: Mecklenburg Beds: 6 Closed Dt: Mecklenburg Baths: 8/2 Total HLA: 8,304 Huntington Park Addtnl Sqft: Non-HLA Sqft: 0 Single Family List Type: Exclusive Right 3 Story Sharon Middle: Alexander Graham Providence Road to Huntington Park Drive

Recent:

04/05/2022 : NEWs : ->ACT

List Price: $6,750,000 Slr Contr: Approx Acres: 2.00 Year Built: 2005 Lot/Unit #: High:

Myers Park

2104 Woodhaven Road, Charlotte, NC 28211-2608 MLS#: Tax Location: County: Subdivision: Category: Type: Elem: Directions:

3771142 Status: ACT UC Dt: List Price: $6,500,000 Mecklenburg Beds: 6 Closed Dt: Slr Contr: Mecklenburg Baths: 6/5 Total HLA: 10,554 Approx Acres: 1.39 Myers Park Addtnl Sqft: 0 Non-HLA Sqft: 1,298 Year Built: 2007 Single Family List Type: Exclusive Right Lot/Unit #: 2 Story/Basement Selwyn Middle: Alexander Graham High: Myers Park South on Sharon road past Myers Park Country Club, Right on Woodhaven. Home is on your right.

2418 Ferncliff Road #A-3, Charlotte, NC 28211 MLS#: Tax Location: County: Subdivision: Category: Type: Elem: Directions:

3839035 Status: ACT UC Dt: Charlotte Beds: 5 Closed Dt: Mecklenburg Baths: 5/3 Total HLA: 6,806 Old Foxcroft Addtnl Sqft: Non-HLA Sqft: 0 Single Family List Type: Exclusive Right 2 Story Selwyn Middle: Alexander Graham South on Sharon Road, left on Ferncliff, home is on the left

Recent:

03/29/2022 : NEWs : ->ACT

List Price: $3,975,000 Slr Contr: Approx Acres: 0.50 Year Built: 2022 Lot/Unit #: A-3 High:

Myers Park

1437 Scotland Avenue, Charlotte, NC 28207-2560 MLS#: Tax Location: County: Subdivision: Category: Type: Elem:

3834235 Charlotte Mecklenburg Eastover Single Family 2.5 Story Eastover

Status: Beds: Baths: Addtnl Sqft: List Type:

ACT 6 6/2

UC Dt: Closed Dt: Total HLA: 7,226 Non-HLA Sqft: 563 Exclusive Right

List Price: $3,975,000 Slr Contr: Approx Acres: 0.38 Year Built: 2016 Lot/Unit #:

Recent:

03/24/2022 : NEWs : CS->ACT

Middle:

Sedgefield

High:

Myers Park

686 Llewellyn Place, Charlotte, NC 28207-2328 MLS#: Tax Location: County: Subdivision: Category: Type: Elem: Directions:

3844440 Status: ACT UC Dt: Charlotte Beds: 4 Closed Dt: Mecklenburg Baths: 4/3 Total HLA: 6,609 Eastover Addtnl Sqft: Non-HLA Sqft: 0 Single Family List Type: Exclusive Right 2.5 Story Eastover Middle: Sedgefield Corner of Llewellyn and Lockley.

Recent:

04/05/2022 : NEWs : CS->ACT

List Price: $3,875,000 Slr Contr: Approx Acres: 0.39 Year Built: 2015 Lot/Unit #: High:

Myers Park

2209 Sherwood Avenue, Charlotte, NC 28207-2121 MLS#: Tax Location: County: Subdivision: Category: Type: Elem:

3843691 Status: Charlotte Beds: Mecklenburg Baths: Myers Park Addtnl Sqft: Single Family List Type: 2.5 Story/Basement Dilworth Latta CampuMiddle:

Recent:

03/30/2022 : NEWs : ->ACT

ACT 6 5/3 425 Exclusive

UC Dt: Closed Dt: Total HLA: 4,970 Non-HLA Sqft: 0 Right

Sedgefield

List Price: $3,850,000 Slr Contr: Approx Acres: 0.50 Year Built: 1927 Lot/Unit #: High:

Myers Park

Actual List Price

2108 Sherwood Avenue, Charlotte, NC 28207-2120 MLS#: Tax Location: County: Subdivision: Category: Type: Elem: Directions:

3821933 Status: ACT UC Dt: Mecklenburg Beds: 4 Closed Dt: Mecklenburg Baths: 3/2 Total HLA: 5,858 Myers Park Addtnl Sqft: Non-HLA Sqft: 378 Single Family List Type: Exclusive Right 2 Story/Basement Dilworth/Sedgefield Middle: Sedgefield Sherwood Avenue between Queens Road and Queens Road West.

List Price: $3,600,000 Slr Contr: Approx Acres: 0.62 Year Built: 1930 Lot/Unit #: High:

Myers Park

4412 Fox Brook Lane, Charlotte, NC 28211-5007 MLS#: Tax Location: County: Subdivision: Category: Type: Elem: Directions:

3836963 Status: UCS UC Dt: 03/11/22 List Price: $4,450,000 Charlotte Beds: 5 Closed Dt: Slr Contr: Mecklenburg Baths: 5/2 Total HLA: 8,223 Approx Acres: 1.17 Morrocroft Estates Addtnl Sqft: 0 Non-HLA Sqft: 0 Year Built: 2008 Single Family List Type: Exclusive Right Lot/Unit #: 2 Story Sharon Middle: Alexander Graham High: Myers Park Section of Colony Rd located between Sharon and Fairview. From Fairview turn right onto Morrocroft Farms Ln. After guard gate turn right onto Fox Brook Ln. Home will be on the right.

1931 Ferncliff Road, Charlotte, NC 28211-2703 MLS#: Tax Location: County: Subdivision: Category: Type: Elem: Directions:

3821739 Status: UCS UC Dt: 01/28/22 List Price: $3,599,000 Mecklenburg Beds: 5 Closed Dt: Slr Contr: Mecklenburg Baths: 5/1 Total HLA: 6,030 Approx Acres: 0.80 Old Foxcroft Addtnl Sqft: Non-HLA Sqft: 622 Year Built: 2022 Single Family List Type: Exclusive Right Lot/Unit #: 2 Story Unspecified Middle: Unspecified High: Unspecified Heading south on Providence Rd, turn right on Fercliff. Turn left again on Ferncliff. Lot is 2 parcels down on lefthand side.

4419 Parview Drive N, Charlotte, NC 28226-3433 MLS#: Tax Location: County: Subdivision: Category: Type: Elem:

3838440 Charlotte Mecklenburg Carmel Estates Single Family 2 Story/Basement Unspecified

Status: Beds: Baths: Addtnl Sqft: List Type:

UCNS DDPUC Dt: 03/29/22 List Price: $4,500,000 6 Closed Dt: Slr Contr: 7/2 Total HLA: 10,320 Approx Acres: 1.60 154 Non-HLA Sqft: 523 Year Built: 2015 Exclusive Right Lot/Unit #:

Recent:

03/29/2022 : Under Contract-No Show : ACT->UCNS

Middle:

Unspecified

High:

Myers Park

1036 Queens Road W, Charlotte, NC 28207-1854 MLS#: Tax Location: County: Subdivision: Category: Type: Elem:

3829705 Status: Charlotte Beds: Mecklenburg Baths: Myers Park Addtnl Sqft: Single Family List Type: 2 Story Dilworth Latta CampuMiddle:

UCNS 5 4/2

UC Dt: 03/08/22 List Price: $4,500,000 Closed Dt: Slr Contr: Total HLA: 5,407 Approx Acres: 0.64 Non-HLA Sqft: 0 Year Built: 1925 Exclusive Right Lot/Unit #: Sedgefield

High:

Myers Park

2128 Selwyn Avenue, Charlotte, NC 28207 MLS#: Tax Location: County: Subdivision: Category: Type: Elem: Directions:

3822565 Status: UCNS UC Dt: 01/25/22 List Price: $5,999,999 Charlotte Beds: 6 Closed Dt: Slr Contr: Mecklenburg Baths: 7/2 Total HLA: 7,072 Approx Acres: 0.62 Myers Park Addtnl Sqft: Non-HLA Sqft: 0 Year Built: 2022 Single Family List Type: Exclusive Right Lot/Unit #: 2 Story Dilworth Latta CampuMiddle: Sedgefield High: Myers Park From Providence Road heading towards town, (L) onto Queens Road, take a slight right onto Selwyn Avenue. The home is 1/4 of a mile on your right, just past Queens University.

2311 Vernon Drive, Charlotte, NC 28211-1829 MLS#: Tax Location: County: Subdivision: Category: Type: Elem: Actual List Price

3796641 Charlotte Mecklenburg Pharr Acres Single Family 3 Story Eastover

Status: Beds: Baths: Addtnl Sqft: List Type:

UCNS 5 5/1

UC Dt: 02/09/22 List Price: $3,550,000 Closed Dt: Slr Contr: Total HLA: 5,562 Approx Acres: 0.69 Non-HLA Sqft: 460 Year Built: 2021 Exclusive Right Lot/Unit #:

Middle:

Sedgefield

High:

Myers Park

WITHDRAWN LISTINGS

Subject Property: 301 Colville Road, Charlotte

The Pitfalls of Overpricing This chart highlights the importance of pricing correctly at market value.

Overpricing your house in the belief that you can reduce the price back later is a strategy that can backfire badly. For example, by the time you reduce your price, you may miss out on a surge of interest in properties like yours. Also, if prices are lowered, buyers may wonder if there’s something wrong with the property that kept other buyers away. So to keep from selling your property at below market value and from wasting valuable time, don’t fall into the overpricing trap.

Researched and prepared by Carolyn Taylor Dickens Mitchener & Associates Inc

April 06, 2022

Subject Property: 301 Colville Road, Charlotte

The Importance of Pricing This chart highlights the importance of pricing correctly at market value.

This graph illustrates the importance of pricing correctly. The centerline represents market value. As you move above this market value, you attract much smaller percentage of prospective buyers, greatly reducing your chances of a sale. Conversely, as you move below market value, you attract a much larger percentage of potential buyers.

Researched and prepared by Carolyn Taylor Dickens Mitchener & Associates Inc

April 06, 2022

Residential Property Client Full w/photos 1508 Dilworth Road, Charlotte, NC 28203-4823 MLS#: Status: Subdivision: Subdivision: Legal Desc: Approx Acres: Lot Desc:

3672623 Withdrawn Dilworth

Category: Tax Location: Tax Value: Zoning Desc:

Single Family Charlotte $2,381,400

L4 &5 B21 M3-10 0.88 Approx Lot Dim: 219x201x155x201 City View, Pond, Private, Trees

Parcel ID: County: Zoning: Deed Ref: Lot/Unit #:

123-097-08 Mecklenburg R4 31422-776

List Price:

$5,800,000

Elevation:

General Information Type: Style: Construction Type:

2 Story Traditional Site Built

HLA Main: Upper: Third: Lower: Bsmnt: Above Grade: Total Primary HLA: Total Property HLA:

2,970 2,356 465 0 0 5,791 5,791 6,811

School Information Elem: Middle: High:

Non-HLA Sqft Main: 0 Upper: 0 Third: 0 Lower: 0 Bsmt: 0 Total:

Bldg Information Beds: Baths: Year Built: New Const: Prop Compl Date: Construct Status: Builder:

Model: Additional Sqft: Garage Sqft: Additional Information Prop Fin: Cash, Conventional Assumable: No Ownership: Seller owned for at least one year Special Conditions: None Road Responsibility: Publicly Maintained Road

Dilworth Latta Campus/Dilwo Sedgefield Myers Park 5 5/1 1919 No Complete Whitlock 675

Room Information Room Level Main Upper Third 2nd Living Q 2nd Living Q

Beds Baths Room Type /1 Bar/Entertainment, Bathroom(s), Dining Room, Entry Hall, Family Room, Kitchen, 2nd Kitchen, Living Room, Mud, Office, Pantry 3 3/ Bathroom(s), Bedroom(s), Foyer, Laundry, Primary Bedroom 1 1/ Bathroom(s), Bedroom(s), Bed/Bonus Exercise 1 1/ 2nd Living Quarters, Bathroom(s), Bedroom(s), Bed/Bonus, Dining Area, Great Room, Kitchen, Office 2nd Living Quarters

Exterior Not Connected, Guest House, Room w/ Private Bath, Separate Entrance, Separate Kitchen Facilities, Separate Living Quarters 2nd Living Quarters HLA: 1,020 2nd LQ Unheated SqFt: Features 2nd Living Quarters:

Parking: Driveway: Laundry: Foundation: Fireplaces: Floors: Equip: Comm Features: Interior Feat: Exterior Feat: Exterior Covering: Porch: Street:

Detached Garage, Driveway, Garage - 2 Car, Garage - 3 Car, Garage Door Main Level Garage: Yes Opener, Keypad Entry, Lot, Parking Space - 4+ Concrete, Gated, Other Doors/Windows: Upper, Laundry Room Fixtures Exceptions: No Basement, Basement Outside Entrance, Crawl Space Family Room, Kitchen, Living Room, Natural Gas, Porch, Wood burning w/Gas Starter, Other Stone, Tile, Wood Beverage Refrigerator, Cable Prewire, Ceiling Fan(s), CO Detector, Convection Oven, Cooktop Gas, Dishwasher, Disposal, Double Oven, Freezer, Gas Oven, Gas Range, Generator, Ice Maker Connection, Network Ready, Refrigerator, Security System, Self Cleaning Oven, Surround Sound, Wine Refrigerator Playground, Recreation Area Attic Other, Attic Walk-in, Breakfast Bar, Built-Ins, Drop Zone, Garden Tub, Kitchen Island, Pantry, Walk-In Closet(s), Walk-In Pantry, Wet Bar, Other - See Media/Remarks Fenced Yard, Gazebo, In-Ground Gas Grill, In-Ground Irrigation, Outdoor Fireplace, Pool-In-Ground, Terrace Brick Full Front, Patio, Screened, Side Roof: Slate Paved Utilities

Sewer: HVAC:

City Sewer Water: City Water Central Air, Gas Hot Air Furnace, Heat Pump - AC, Heat Pump - Heat Association Information

Subject To HOA:

None

Public Remarks:

This private, one of a kind architectural wonder is prominently situated on Charlotte’s most coveted tree-lined street.An unprecedented renovation maintains the original charm while updating the floor plan for a relaxed modern lifestyle.Nationally recognized architect Ruard Veltman, Whitlock Builders & interior designers Cindy & Heather Smith collaborated to ensure the seamless integrity of the exterior &interior.6 beautifully appointed fireplaces each have a custom design.Living Rm features a hand-plastered fireplace. Kit. is worthy of a master chef but designed w/a family in mind.Master closet rivals your favorite luxury boutique w/clothing rods w/LED lighting to easily find what you are looking for.Large pool, spa are seamlessly integrated into backyard, visible from gracious screened porch.Almost an acre, these captivating grounds are perfect for entertaining while bringing the utmost in privacy+peace. Dilworth Road between Romany and Berkeley. Listing Information

Directions: DOM: UC Dt:

162

Subj to CCRs:

CDOM: 162 DDP-End Date:

Remarks

Closed Dt: Close Price:

Wtr Htr:

Electric, Gas

HOA Subj Dues: No

Slr Contr: LTC:

Matrix

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Residential Property Client Full w/photos 2538 Selwyn Avenue, Charlotte, NC 28209-1606 MLS#: Status: Subdivision: Subdivision: Legal Desc: Approx Acres: Lot Desc:

3728850 Withdrawn Myers Park L6 &7 &P1 B4 M3-28 1.02 Corner Lot

Category: Tax Location: Tax Value: Zoning Desc:

Single Family Charlotte $2,259,600

Approx Lot Dim:

General Information Type: Style: Construction Type: HLA Main: Upper: Third: Lower: Bsmnt: Above Grade: Total Primary HLA: Total Property HLA:

Recent:

Parcel ID: County: Zoning: Deed Ref: Lot/Unit #:

04/02/2022 : WITH : ACT->WITH

List Price:

151-141-06 Mecklenburg R4 31900

$4,815,000

Elevation: School Information Elem: Middle: High:

2 Story Site Built 3,095 2,190 0 0 0 5,285 5,285 6,720

Non-HLA Sqft Main: 0 Upper: 0 Third: 0 Lower: 0 Bsmt: 0 Total:

Bldg Information Beds: Baths: Year Built: New Const: Prop Compl Date: Construct Status: Builder:

Selwyn Alexander Graham Myers Park 6 6/1 1917 No

865

Room Information Beds Baths Room Type 0 0/1 Bar/Entertainment, Bathroom(s), Breakfast, Dining Room, Entry Hall, Family Room, Kitchen, Laundry, Living Room, Mud, Office, Pantry, Study, Sunroom Upper 4 4/ Bathroom(s), Bedroom(s) 2nd Living Quarters 2 2/ 2nd Living Quarters, Bathroom(s), Bedroom(s), Bonus Room, Den, 2nd Kitchen, Laundry Room Level Main

2nd Living Quarters Exterior Not Connected, Guest House, Separate Entrance, Separate Kitchen Facilities, Separate Living Quarters, Separate 2nd Living Quarters: Utilities, Upper Level Garage 2nd Living Quarters HLA: 1,435 2nd LQ Unheated SqFt: Features Parking: Detached Garage, Garage - 2 Car, Parking Space - 4+ Main Level Garage: Yes Driveway: Asphalt Doors/Windows: Laundry: Main, Laundry Room Fixtures Exceptions: Yes, chandelier in foyer, sconces in laundry rm. and guest hou Foundation: Basement Fireplaces: Yes, Floors: Carpet, Tile, Wood Equip: Beverage Refrigerator, Convection Oven, Dishwasher, Disposal, Exhaust Hood, Gas Range, Ice Maker Connection, Microwave, Refrigerator, Security System, Self Cleaning Oven Interior Feat: Breakfast Bar, Built-Ins, Drop Zone, Kitchen Island, Walk-In Closet(s), Wet Bar Exterior Feat: Fenced Yard, Gazebo, In-Ground Irrigation, Outdoor Fireplace, Pool-In-Ground, Other - See Media/Remarks Exterior Covering: Wood Porch: Back, Covered, Patio, Screened, Side Roof: Architectural Shingle Street: Paved Utilities Sewer: City Sewer Water: City Water HVAC: Central Air, Ductless/Mini-Split System, Gas Hot Air Furnace, Heat Pump - AC, Wtr Htr: Gas, g-On-Demand Water Heat Pump - Heat Subject To HOA: Optional Subj to CCRs: HOA Subj Dues: Remarks Public Remarks: This is a rare opportunity to own one of Charlotte's iconic homes.Built in 1917,this compound spreads across 1.02 acres and includes an amazing main house,a detached garage with a bedroom/flex space and bath above,a separate guest cottage,a beautiful pool,a sport court,numerous covered and uncovered porches and patios,and a huge yard.The main house has been completely renovated.Gracious formal spaces w/soaring ceilings that show off the history of the home while being updated spaces at the same time.Great flex spaces including a sunroom, separate office,mudroom,and great laundry room.Beautiful kitchen and family room spans the back of the home overlooking both the pool and the green https://matrix.carolinamls.com/Matrix/Printing/PrintOptions.a…DBgwAAAABOA0UBg0AAAABMQ0HBg4AAAABMQ0LBg8AAAAHwoPDqX7DjQ0CCw))

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Directions: DOM: UC Dt:

4/6/22, 4:16 PM

lawn.The owners suite includes a fireplace,large closet,separate jewelry closet, dressing room and master bathroom with an additional washer and dryer.3 more bedroom suites complete the second floor,while the 5th and 6th bedrooms and baths are in the garage and guest cottage.Walk to Greenway+restauraunts Corner of Selwyn and Ridgewood Listing Information 353 CDOM: 353 Closed Dt: Slr Contr: DDP-End Date: Close Price: LTC:

https://matrix.carolinamls.com/Matrix/Printing/PrintOptions.a…BgwAAAABOA0UBg0AAAABMQ0HBg4AAAABMQ0LBg8AAAAHwoPDqX7DjQ0CCw))

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https://matrix.carolinamls.com/Matrix/Printing/PrintOptions.a…BgwAAAABOA0UBg0AAAABMQ0HBg4AAAABMQ0LBg8AAAAHwoPDqX7DjQ0CCw))

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