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1111 Chollywood Drive

1111 Chollywood Drive, Charlotte, NC 28211
House in Myers Park
Sold Dec 29, 2020
$1,220,000
$976,000 by Bank Of America Na
Mortgage Due Jan 01, 2051
Sold Nov 04, 2014
$332,500
$556,490 by Branch Banking And Trust Co
Mortgage Due Dec 01, 2045
Local assessors in Charlotte, NC have categorized 1111 Chollywood Drive as a residential type of property. The home was built in 2016 and is 8 years old. The property's lot size has been calculated to be 17,346 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 5 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 4 partial bathrooms. This is a 3 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1111 Chollywood Drive has a total of 4,296 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Moving onto specific details regarding the building. Our sources show that the building condition is average. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - A. Lots of brick were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1111 Chollywood Drive was last sold in Dec 28, 2020 for $1,220,000. According to our calculations, that's $283.99 per sqft. Prior to that sales transaction, the property was sold for $332,500 in Nov 3, 2014. Current property owners are expected to pay $11,839 in taxes per year. The property on 1111 Chollywood Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,710,000. To break that down further, the land itself was valued at $888,300. While improvements to the property were assessed at a total of $821,700. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Brick Exterior

Parking

Detached Garage
Open Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2016
  • Effective Year Built: 2016
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Quality: A
  • Exterior Walls Type: Brick
  • Floor Count: 3
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 17,346
  • Total Building Area: 4,296
  • Gross Building Area: 4,296
  • Building Area: 4,296
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 4,296
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PINEWOOD COURT SUB MAP 1
  • Land Acres: 0.398
  • Standard Land Use Code: Single family residential
  • Legal Description 1: L2 M57-1

Ownership

  • Current Owner : YUAN YANG
  • Current Owner 2: LI L
  • Previous Owner : RINGWALD ARTHUR D
  • Previous Owner 2: RINGWALD CATHERINE JEAN
  • Owner Before Previous Owner: MYERS CHARLES N
  • Owner Before Previous Owner 2: MYERS ELIZABETH M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Charlotte-Mecklenburg Schools
  • School Tax School District: CHARLOTTE
  • Census Tract: 002905

Zoning

  • Zoning: R-3

Geography

  • Assessors Map Reference: 181-05
  • District: 1
  • Parcel: 181-053-52
  • Block: 3
  • Lot: 2
  • Municipality: CHARLOTTE
  • Latitude: 35.1819
  • Longitude: -80.8208

    Address

  • Full Address: 1111 Chollywood Dr
  • Address - House Number: 1111
  • Address - Street Name: Chollywood
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Charlotte
  • Carrier Code: C002
  • 4-Digit Zip Code: 1659
  • Zip Code: 28211

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $11,839
  • Tax Rate Code Area: CITY OF CH

    Appraisal Valuation

  • Standard Deviation: 0.1813
  • Valuation Date: Apr 26, 2023
  • Confidence Score: 76
  • Final Value: 1,591,920
  • High Value: 1,880,538
  • Low Value: 1,303,302

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $976,000
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Dec 29, 2020
  • First Open Lien Mortgage Loan Amount: $976,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2051

    Market Valuation

  • Market Total Value: $1,710,000
  • Market Land Value: $888,300
  • Market Improvement Value: $821,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,710,000
  • Assessed Land Value: $888,300
  • Assessed Improvements Value: $821,700

    Sales

  • Current Sale Contract Date: Dec 28, 2020
  • Current Sale Recording Date: Dec 29, 2020
  • Current Sale Transaction ID: 11816271211
  • Current Sale Price: $1,220,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020221252
  • Previous Sale Recording Date: Nov 04, 2014
  • Previous Sale Contract Date: Nov 03, 2014
  • Previous Sale Amount: $332,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: Dec 29, 2020
  • First Mortgage Loan Amount: $976,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: BRANCH BANKING AND TRUST CO
  • Previous Mortgage Transaction Date: Nov 04, 2014
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $556,490
  • Previous Mortgage Term: 372
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Dec 01, 2045

About Myers Park



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Nearby Rentals

Unit for rent at

$1,895 /mo

  • 2 Beds
  • 1 Bath
  • 1,350 ft²
Listing by Frank Lee
Unit for rent at

$1,900 /mo

  • 2 Beds
  • 1 Bath
  • 1,157 ft²
Listing by Terri Coggin
Unit for rent at

$1,800 /mo

  • 2 Beds
  • 2 Baths
  • 835 ft²
Listing by Carrie Hatfield
Unit for rent at

$2,000 /mo

  • 4 Beds
  • 2 Baths
  • 1,500 ft²
Listing by Ben Horton
Unit for rent at

$1,850 /mo

  • 1 Bed
  • 1 Bath
  • 720 ft²
Listing by Manager
Unit for rent at

$2,000 /mo

  • 2 Beds
  • 1 Bath
  • 750 ft²
Listing by Manager
Unit for rent at

$1,750 /mo

  • 3 Beds
  • 1 Bath
  • 800 ft²
Listing by Manager

Frequently Asked Questions

What neighborhood is 1111 Chollywood Drive located in?
The 1111 Chollywood Drive is a house located in the neighborhood of Myers Park in Myers Park, Charlotte.
What is the average sales price for listings in 1111 Chollywood Drive?
The average sales price for units in 1111 Chollywood Drive is $0 currently.

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