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Great Starter Community

Starter Home Neighborhood in Charlotte

 

 

 

Welcome to Madison Park neighborhood in Charlotte NC. This is a thriving and on the “radar”, for a great starter home community. Located between South Blvd and Park Road, this area has scene and abundance of growth. Lots of development in the area has made this neighborhood conveniently located to great shopping, restaurants, nightlife, and very quick and easy access to   I-77. This community is known for its 3 -4 bedroom ranch – split style floor plans.  The majority of the homes were constructed in the late 1950’s and was one of Charlotte’s post WWII modern neighborhoods.

Madison Park

 

 

 

Most of the homes do not offer a garage but car ports instead.  If you are looking to get into a strong and suitable home in the mid to upper $200,000’s this would be the place to start.  Keep in mind that some of these homes are outdated and will need updating but the good news is that a lot of renovations have been taking place and really making that curb appeal and functionality of the homes stand out. Most of the homes original features offer hardwood flooring fireplaces, and pretty spacious yards. Yes, there are the negatives; lack of closets, lack of multi bathrooms, and storage.  Don’t let that turn you away from this thriving little hot spot. Being so close to the

South Park

and Park Road shopping center, Madison Park is really right in the perfect area of Charlotte.  

 

 

Home Values in Charlotte NC

 

 

2 years ago I purchased a home there and within just a few months turned the home into a beautiful updated home for just under $12,000; yes this seems like a lot of money but since home values have held fairly in Madison Park the improvements have certainly helped its value and will mostly likely make it an easy sell when the time comes.  If you work in Uptown and can’t stand sitting in traffic, don’t worry the light rail is located just a few blocks from Madison Park. Having the Light Rail close to this beautiful neighborhood just adds to the amenities Madison Park has to offer.  There are currently 28 homes for sale in Madison Park which to say the least is not a lot of homes on the market given the boom this neighborhood has had. The average asking price for homes in Madison Park right now is $257,548 and offer 1,500 – 1900 sq ft.   The total days the homes stay on the market for are 88.  Since January 1, 2009 there have been 3 sold homes in Madison Park.  If you are interested in learning more about Madison Park please contact The Lamb Group.

Categories: Real Estate
  1. January 6, 2011 at 3:37 am | #1

    Are you looking for Real Estate or Rental Properties? Henderson Properties is located in Charlotte, North Carolina. We take pride in giving our clients the highest level of service possible. Our goal is to make owning investment properties in the Charlotte, NC region profitable and worry-free. From collecting rents to making repairs, we know how stressful and time consuming it can be to own investment property. We know the concerns and challenges that all rental property owners have and we manage each and every rental property as if it were our own.

  2. lowell
    January 26, 2012 at 11:57 am | #2

    On May 25, 2010, defendant, Geoffrey L. Lamb dba The Lamb Group and US Consumer Solutions, entered into a Consent Judgment with the North Carolina Attorney General’s Office, General Court of Justice, Superior Court Division. In its complaint, the State alleged that the defendant was operating his business in violation of the North Carolina Debt Adjusting Act, G.S. 14-423, by charging homeowners advance fees for foreclosure assistance and mortgage loan modification services. The State’s complaint also alleged that, in the course of offering and selling his services, the defendant made deceptive representations in violation of G.S. 75-1.1. The Court entered a Temporary Restraining Order on December 2, 2009, and on December 14, 2009, the Court entered a Consent Order continuing the terms of the Temporary Restraining Order in effect as a Preliminary Injunction. The defendant represents that he has complied with the terms of the Preliminary Injunction and that he has permanently ceased marketing or offering any foreclosure assistance or mortgage loan modification services. The defendant further represents that he has minimal assets with which to pay the State’s claim and that he is in the process of filing for bankruptcy.
    The defendant consents to the entry of this judgment to voluntarily resolve this matter without admission of wrongdoing or intentional violation of the law in the conduct of his business.
    It is therefore ordered that the defendant and the defendant’s agents, employees, and all persons acting in concert with him are permanently enjoined from:

    1. Advertising, soliciting, or offering any foreclosure relief and loan modification assistance services in the State of North Carolina, whether to North Carolina residents, or to residents of other states;
    2. Entering into contracts with consumers for the performance of foreclosure relief and loan modification assistance services;
    3. Collecting any advance fees or other consideration from consumers for the performance of foreclosure relief and loan modification assistance services;
    4. Engaging in any other consumer credit or debt relief business in violation of G.S. 14-423 and 75-1.1; and
    5. Engaging in any of the foregoing activities or practices set forth in paragraphs (1) through (4) above, whether directly or indirectly, individually, or in affiliation with any other parties.
    It is further ordered that the State of North Carolina shall have and recover of the defendant the sum of forty thousand ($40,000), to be applied toward consumer restitution, consumer protection and education purposes, and to cost of this action, in the discretion of the Attorney General

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