Monday, July 14, 2014

Charlotte subdivisions: 1968


   Ads for new homes in 1968 paired with newer photos and 2011 values. 

'Register for a GE Portable Tape Recorder!'



3908 Blowing Rock Way
1968 price $29,200
2011 value $297,400


5646 Sharon Road
1968 price $23,300
2011 value $236,600


3933 River Bend Road
1968 price $24,350
2011 value $267,500

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9724 Feldbank 
1968 price $11,375
2011 value $50,500

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4900 Glenbrier Drive
1968 price $20,200
2011 value $138,900

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411 Lansdowne Road
1968 price not listed but other Lansdowne homes were priced at around $35,000
2011 value $259,700

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More:  1956 'homes to fulfill your dreams'

Even more1970's neighborhoods

30 comments:

Anonymous said...

very cool

Anonymous said...

the value sill go back down in time.. significiently it happened in the northern burbs of LA when we were there.. rampant illegal immigration will do that every time im afraid

Anonymous said...

and the tax dept orgasically screams yes yes yes there is a g-d hallelujah praise da lawd .. and pass da loot ... thank ya thank ya thank ya ...

Anonymous said...

Car parked in the front yard. Typical.

Anonymous said...

Wrong - the tax dept doesn't care whether or not property values go up.

When they feel they need a raise they simply inflate property values to get whatever revenue is needed.

Elected officials can then say they didn't really raise taxes as Jennifer Roberts did in 2012.

Anonymous said...

Sharon Rd house. 1968 to 2014 ten fold in value. Plug it in FN Calculator and that is 5 percent compounded. Substrat the 1.5 percent property tax bill each year. 3.5 percent compounded. Subtract HVAC units, carpet, roofs, other short lived items and it is clearly not a good investment.

Anonymous said...

11:17 AM Duhhhhh ...
Get real moron ... They have many tricks in their bag. The county commish in Union just raised property taxes 15% last week.

Dont even think about filing an appeal with the local R&E or next up NCPTC in Raleigh and think its not 100% rigged for the appellants and that you will not be wasting your time. The deck is stacked.

NCPTC is also in the NCDOR building and have their own attorneys to go with the attorneys for the counties. All 100 county tax offices and their mass appraisers are under the NCDOR.

To top it off once your name gets spread out at the NCDOR so dont be surprised when you get audited plus the county will do you a favor and jack up your valuation to teach you a lesson.
In addition some county attorneys will also demand their 20,000 legal bill be paid by you when you lose ... and you will ... death and taxes are the only known certainties in life like they say ...



Anonymous said...

Jennifer Roberts did not raise taxes. That's a trashy lie.

Anonymous said...

So many homes in Charlotte are ridiculously overprices by these sorry realtors who are nothing but elitists. The republican regime continues to raise prices with inflation, but people's income doesn't necessarily go up at the same rate, causing the rich to stay rich and the middle class to slip into poverty. May God have mercy on ever one of you for what you are doing.

Anonymous said...

We see the racists from the Ballentine suburbs are here with comments about someone having a car in their yard. What's wrong with that if they own or rent the property? That's up to them.

Anonymous said...

The soccer mom types could care less. They just want to sell homes and over-inflated prices and try to keep out any 'undesireables'. Makes me sick to my stomach.

Anonymous said...

Um, anon 12:02, it's against one of the city's many rules, and thus illegal to have a car in the front yard, regardless if you rent or own your own house, or which party you voter for. Welcome to the USSA.

Anonymous said...

Now these fools are even asking over the top prices for rentals. Charlotte has a higher opinion of itself than it should.

Garth Vader said...

Whether by design or by accident, 1968 is the perfect year to select when comparing old prices (prices are not values) to modern prices. 1968 represents the time of maximum purchasing power of the minimum wage.

This is no coincidence, considering that '68 is closely bracketed by two significant events in US monetary history: in 1965 the US stopped producing circulating silver coins, and in 1971 Nixon abandoned the Bretton Woods agreement (i.e. our last link to the gold standard).

Since then, the purchasing power of the dollar has been systematically destroyed.

The "value" of these homes has NOT increased. "Value" means the ability to exchange for other goods and services.

What these prices really demonstrate is the destruction of US currency (i.e. the dollar) by the Federal Reserve.

Bird said...

Amazing, multiple extraneous comments on who's responsible for raising property taxes in Charlotte and not one comment that 411 Landsdowne Road is obviously where the Bradys lived...

The Freeholder said...

The house isn't worth more. The dollars are worth less.

Anonymous said...

I would like to see comparisons in Dilworth.

Anonymous said...

So you have to live in an exclusive Ballantyne suburb these days to have the good taste not to park your car in your front yard?

Anonymous said...

Why don't they do comparisons to a decent neighborhood in 1968 to today, so we can see what the effects of illegal immigration can do to a neighborhood.

Anonymous said...

So if you think parking your car in your front yard is tacky, you're a racist! Lol. That's where we are today in America!

Wiley Coyote said...

Anon 11:58

Posted: Jun 07, 2011 7:42 PM EDT

Mecklenburg county commissioners voted along party lines Tuesday night to pass a budget for next fiscal year, which starts July 1st.

All five Democrats voted yes (including Roberts) and the four Republicans voted no.

The budget raises the tax burden on the majority of homeowners, saves some teacher jobs while cutting others, and increases the budgets for libraries and parks compared to last year.


Jennifer Roberts is a graduate of the Parks Helms School of Tax & Spend

Anonymous said...

9724 Feldbank - Stay Classy!

Anonymous said...

Why was this article not vetted with inflation prices? Say, "In 1968, this house was $23,300; the equivalent of $150,605.71 today. In 2011, it was valued at $236, 600." This is important to ensure the news is reporting accurately and not omitting important details.

Maria David said...

Anon 6:18 - this is a blog, not a news article. Tx for feedback, tho.

Anonymous said...

Stone Haven? Providence Plantation? Good article and highly informative.

Lansdowne was King in 1968 where 40k bought a 3500 sf home 2 story 4 BR 3B that sold for 200k in 1980.

The builder bought 50 acres in the mid 60s from Arthur Smith on Sardis whose plantation sat up in the woods on the right just past Wingrave.
He built there when it was a rural dirt road.

Maria David said...

Anon July 15: I'd heard something about Stonehaven being built on a former plantation and that the original house still stands(?). Will look into. Tx! Maria

Anonymous said...

So, several people who were elected to their position might have voted a certain way on taxes, but not just one person. Please stay down in Ballentine where you belong.

Anonymous said...

The trashy white soccer moms come here to complain about people who park their cars where they want to. Who says it's tacky or not in good taste? Please tell me who came up with that? You?

Anonymous said...

Lay off soccer moms you pathetic parasitic maggot speck of trash and parking junk in the front is tacky and scumbag. Its not Sanford and Son.

Go back to school and learn how to spell Ballantyne and stay on your side where you belong you termite infestation. Cut the insults or else.

Anonymous said...

To the sorry whore telling me how I should spell the racist/elitist 'BALLANTINE'. I don't give a ____ how it's spelled. I hope you all stay down there and rot in your white hell. Naturally you would even make a racist comment yet again by bringing up the hit show 'Sanford & Son'. May God have mercy on your sorry, trashy soccer mom soul. Your type will split hell wide open one day, and I'll still park my car anywhere I please.