Built in 1950, this 3300 sqft. home sits on 1.16 acres right on Providence Road, just south of Sardis/Fairview and feeds to the East Meck High School zone. Listed at only $565,000 my client was interested to see if the property could be saved and renovated as she likes older historic homes, but we soon discovered this is a complete tear-down with severe water and roof damage (for starters!). It is now under contract and apparently developers are buying it, tearing it down and putting in 2 new homes. This is becoming commonplace everywhere in Charlotte and land is being snapped up quickly and often multiple homes, duplexes, or town homes are being built where a single family residence once stood. Therefore, the $565,000 price is for land value only.
In this photo below you can see where there are already two new-builds being constructed to the south on adjacent land where only one home once stood, similar to the plans for this property.
