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1221 Dresden Dr W, Charlotte, NC 28205
DETAILS
Type: Single Family
Bedrooms / Baths: 3 bed / 2 bath
Living Area: 1,071 sq ft
Year Built: 1952
Lot Size: 0.23 acres / 10,019 sq ft
Utilities: City Water & Sewer
Occupancy at Closing: Vacant
Closing Date: 09/11/26
Closing Attorney: Tony C Johnson
Asking Price: $260,000
Needs new HVAC
Roof is in working condition not sure of age
Tax value is $321,800 with annual taxes of $1,372 (Parcel ID 131-062-13, zoned R-4).
COMPARABLE SALES
Sold:
1156 Brighton Pl, Charlotte, NC 28205 — 1,220 sq ft — $425,000 ($348/sq ft) — Sold Feb 2025, fully renovated
1854 Woodland Dr, Charlotte, NC 28205 — 1,167 sq ft — $439,000 ($376/sq ft) — Sold March 2026, updated
1147 Norland Rd, Charlotte, NC 28205 — 1,131 sq ft — $408,000 ($361/sq ft) — Sold Aug 2025, fully renovated
For Sale:
1062 Dresden Dr, Charlotte, NC 28205 — 1,169 sq ft — $425,000 ($364/sq ft) — Active, 3bd/2ba, 0.24 acres
Comp Average (Sold): ~$424,000 (~$362/sq ft)
For Sale Avg: $425,000 ($364/sq ft)
Our Price: $260,000 ($243/sq ft)
Spread: ~$164,000
OVERVIEW
This 3 bed/2 bath home in Eastway Park is priced at $260,000 — a $164,000 spread to the comp average of $424,000, all three sold comps being fully renovated flips in this same neighborhood. At $243/sq ft, this property is priced well under every comp, including an active listing on this same street (1062 Dresden Dr) currently asking $425,000. East Charlotte (28205) is seeing real, active momentum: the Eastland Mall site is being redeveloped into Eastland Yards, a major mixed-use project bringing housing, retail, and green space to the corridor, and the planned Silver Line light rail extension will run through Independence Blvd, directly serving 28205 and 28212. Local realtors are already reporting stronger resale activity and rent demand in this zip code as a result.
Source: Henderson Properties, Bonita Crawford Realtor — Charlotte 2026
DISCLAIMER — Please Read Before Submitting an Offer
Assignment of Contract
This is an assignment of contract. A legally binding purchase agreement with a memorandum has been executed with the Seller, granting this company exclusive rights to purchase the property. We are not brokers or realtors and are not representing ourselves as such. We do not represent the owner.
Do not contact the Seller directly. Any attempt to contact the owner, interfere with, or circumvent our active contract will result in legal action. This property is not to be re-marketed under any circumstances without our explicit written consent and the execution of a joint venture agreement.
Due Diligence
Buyers are responsible for performing their own due diligence. We are not licensed agents. Please consult appropriate legal or professional counsel before submitting an offer.
Offer & Deposit Terms
A minimum $5,000 non-refundable deposit is required within 24 hours of signing to secure the deal. Closing will occur as quickly as possible, but no longer than 30 calendar days. Buyer pays all closing costs — closing costs are NOT included in the asking price. Taxes will be prorated and split between parties. $495 transaction fee payable to Bright Home Offer LLC. Closing will be conducted with our closing attorney.
As-Is Terms
This property is offered as-is, where-is, with no warranties. By submitting an offer, you are accepting these terms.
No repairs or improvements will be made prior to closing. No clean-out or clean-up of any kind will be completed. Property will not be broom clean at closing.
Realtors & Wholesalers
If you are working with a client and wish to receive a commission or fee, please note that the wholesale price does not include your compensation. You may either negotiate your commission/fee directly with your client, separate from the wholesale price, or adjust the wholesale price upward to include your fee. If you’d like to be compensated by us at or outside of closing, please reach out or include those terms in your offer.