321 Ridgewood Ave, Charlotte, NC 28209

 FIRST TIME ON MARKET SINCE 1951.321 Ridgewood Avenue in Myers Park, Charlotte, NC. 28209.     Older, upscale, appreciating neighborhood 10 minutes from downtown. Close to Freedom Park, shopping, restaurants, churches, Charlotte Country Club, Queens College. Block-and-a-half from Wing Haven. Highly rated public schools. Stable, low-crime, safe, family-oriented affluent area.     Deep, level, rect. lot. .361A, or 15,750 sf. 70' frontage x 225' deep. Very large back yard.      Zoning: R4/R100.     S-F, 1951 brick rambler. 1,768 sf of gross area above grade. 6R. 2BA. 2BR. K, DR, Den. Dbl. Fpl. Attic. Crawlspace. Gas. Cent. AC. Driveway.      Seller is W. Carey Dowd, III Trust. Property has been in the Dowd family since 1951. Melissa Ann Dowd, Atty., is trustee. 1467 Wimer  Mountain Road, Blue Grass, VA  24413. 540-474-3297. Contact her through husband, Curtis Seltzer, curtisseltzer@htcnet.org.      General warranty deed. Fee simple conveyance.      Legal Description: L4  B8  M3-221. APN Parcel#: 15114321.      Plat ref: Lot 4, Block 8, Plat book 3, p. 221; Deed Book 28069, P. 579.      2013 property tax: $7,021.VALUATIONS:       2012 tax-assessed value: $547,300  (Land--$427,500; Bldg--$115,500; Features--$3,600)      2012 TAV: $474,800      First Charlotte Appraisal/ J. Gibson (10/8/2013):                   By comparables approach:  $506,000                   By replacement cost approach:  $532,681      Online appraisals as of 6/20/2014:           Zillow.com                    $561,543           Epraissal.com                  546,042           homes.findthebest.com    572,242           homes.com                     564,500           homesnap.com                564,500           trulia.com                        532,000                                          ------------------                                                $556,805 average of 6 online appraisals as of 6/20/2014      321 is suitable for an extensive modernization and expansion or  tear-down. The house is in below-average condition. Next-door neighbor has torn down and built from scratch as have other neighbors.       While this is a FSBO, seller welcomes clients from buyer-paid brokers.       Written offers only. $25,000 earnest money.       At this time, seller is not establishing a closing date for bids, because marketing just started in the week of June 22. Charlotte Observer ads began weekend of June 28th. Seller anticipates making decision no later than September 1, and sooner if possible.        Property is being sold AS-IS. Seller will reject all offers that require improvements or additional expenditures on property. Seller is making no representations. Owing to the date of construction, there may be asbestos in the kitchen floor tile and lead paint. An old, buried oil tank is in the back yard, which may be leaking. The seller has no first-hand knowledge of asbestos, lead paint or oil leaks.        Myers Park properties of this type are selling at a premium above both 2012 and 2013 tax-assessed values.       Priced at $650,000.                                     Additional property info: http://www.forsalebyowner.com/listing/2-bed-Single-Family-home-for-sale-by-owner-321-Ridgewood-Ave-28209/23996693?provider_id=28079