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Property profile & analytics
OFF-MARKET
Estimated value
$1,055,000
Garden apartment buildings
4606 Springview Rd, Charlotte, NC 28213-6740
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US53-0150546
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1970
Total area
2,320 SF
Lot
1.29 ac (56,323 SF)
Zoning code
R17MF
APN
8902220
UPID
US53-0150546
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.14M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.13M
Blend (final)
Blend
$1.06M
Owner & transaction history
Springview Charlotte LLC · 5 yrs held
Springview Charlotte LLC
since 2021
Last sale
$950,000
7 recorded transactions
Zoning & alternative use
R17MF · Charlotte, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Charlotte submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Charlotte submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$1,115,000
ML approach
$1,135,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.06M
Range $950k – $1.16M · ±10% · vs last sale $950k (Apr 29 2021)
Last sale anchor
$950k
Apr 29 2021
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$455 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$7,958
Tax year 2023
Assessed value
$1,084,900
Assessed 2024
Previous assessed
$1,091,800
-0.6% YoY
Effective rate
0.73%
On assessed value
Assessed land
$439,100
Assessed improvement
$645,800
Land market value
$439,100
Improvement market value
$645,800
Total market value
$1,084,900
Applied tax rate
8.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Status
Off-Market
Year built
1970
Heating
HEAT PUMP
Cooling
CENTRAL
Buildings
3
Stories
1
Total area
2,320 SF
Lot
1.29 ac (56,323 SF)
Zoning code
R17MF
APN
8902220
UPID
US53-0150546
Jurisdiction
MECKLENBURG
Zoning & alternative use
R17MF · Charlotte, NC
Zoning R17MF · permitted uses
R17MF · Charlotte, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Charlotte. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1970
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Buildings
3
Lot
1.29 ac
Current owner
From public records · entity-resolved
Springview Charlotte LLC
Entity
Mailing address
5723 63RD ST, MASPETH, NY 11378-2812
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 29, 2021
$950,000
Springview Charlotte LLC
Springview Manor LLC
Special Warranty Deed
$712,500 · Grow Financial FCU
Dec 30, 2014
$410,000
Springview Manor LLC
Jacqueline A Williams
Warranty Deed
$320,000 · Paragon Commercial Bank
Jun 20, 2013
—
Jacqueline A Williams
Williams,jacqueline A
Quit Claim Deed
related
—
Apr 26, 2013
$140,000
Jacqueline A Williams
Bank Of Nc
Grant Deed
$108,000 · Newbridge Bank
Jan 18, 2013
$88,500
Bank Of Nc
Powell Alan B
Trustees Deed
related
—
Dec 7, 2012
—
Harvey E Honeycutt
Champ Venture
Grant Deed
—
Nov 28, 2012
$95,000
Venture Champ
Honeycutt,harvey E & Patsy K
Warranty Deed
—
Sep 24, 2012
—
Harvey E Honeycutt
Bluestone Investments INC
Grant Deed
—
Apr 6, 2009
—
Bluestone Investments INC
Honeycutt,harvey & Patsy K
Quit Claim Deed
related
—
Sep 12, 2008
—
Harvey Honeycutt
Hidden Valley Rehabili Trust
Quit Claim Deed
related
—
Aug 11, 2004
$273,000
Hidden Valley Rehabilitatio
Charlotte Asset Recove Trust
Warranty Deed
$318,750 · Pace Lending & Investments LLC
—
—
Harvey Honeycutt
—
Deed Of Trust
related
$350,000 · Bank Of North Carolina
—
—
Bluestone Investments INC
—
Deed Of Trust
related
$900,000 · Performance Retire On Rentals
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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