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12229 Parks Farm Lane

12229 Parks Farm Lane, Charlotte, NC 28277
Sold Nov 24, 2020
$335,000
$316,250 by Acopia Llc
Mortgage Due Dec 01, 2050
Sold Jul 16, 1987
$112,500
Local assessors in Charlotte, NC have categorized 12229 Parks Farm Lane as a residential type of property. The home was built in 1987 and is 37 years old. The property's lot size has been calculated to be 14,375 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 rooms in the home. Of these, 4 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 2 full bathrooms. There are also 3 partial bathrooms. This is a 2 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 12229 Parks Farm Lane has a total of 2,020 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. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 483 sqft. Do you like to entertain? The home has both a open porch and a patio so you'll have great options in both the front and back of the home. 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 - C. The building has a gable style roof that was made of asphalt. Lots of materials we are unsure of 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. The property was last sold in Nov 23, 2020 for $335,000. That's $165.84 per sqft. Prior to that sales transaction, the property was also sold in Jul 16, 1987 for $112,500. 12229 Parks Farm Lane was last assessed in 2023. The total value of the property was assessed at $435,000. Specifically, the land the property is located on was valued at $120,000. While improvements on the property were assessed at a total of $315,000. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $2,779. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Hardboard Siding

Parking

Attached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Unknown
  • Exterior Walls Type: Other
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 483
  • Parking Space Count: 0
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 14,375
  • Total Building Area: 2,020
  • Gross Building Area: 2,020
  • Building Area: 2,020
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,020
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PARKS FARM/RAEBURN
  • Land Acres: 0.33
  • Standard Land Use Code: Single family residential
  • Legal Description 1: L14B6M21-460 12229 PARKS FARM

Ownership

  • Current Owner : LOEROP MATTHEW ALAN
  • Current Owner 2: LOEROP OLIVIA PAIGE
  • Previous Owner : WILSON JAMES STEPHEN
  • Previous Owner 2: WILSON JOYCE MULLINS
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Charlotte-Mecklenburg Schools
  • School Tax School District: CHARLOTTE
  • Census Tract: 005861

Zoning

  • Zoning: R-3

Geography

  • Assessors Map Reference: 229-07
  • District: 1
  • Parcel: 229-072-14
  • Block: 6
  • Lot: 14
  • Municipality: CHARLOTTE
  • Latitude: 35.0476
  • Longitude: -80.8064

    Address

  • Full Address: 12229 Parks Farm Ln
  • Address - House Number: 12229
  • Address - Street Name: Parks Farm
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Charlotte
  • Carrier Code: R039
  • 4-Digit Zip Code: 5621
  • Zip Code: 28277

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,779
  • Tax Rate Code Area: CITY OF CH

    Appraisal Valuation

  • Standard Deviation: 0.1727
  • Valuation Date: Apr 26, 2023
  • Confidence Score: 77
  • Final Value: 479,865
  • High Value: 562,740
  • Low Value: 396,990

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $316,250
  • First Open Lien Mortgage Lender: ACOPIA LLC
  • First Open Lien Mortgage Recording Date: Nov 24, 2020
  • First Open Lien Mortgage Loan Amount: $316,250
  • 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: Dec 01, 2050

    Market Valuation

  • Market Total Value: $435,000
  • Market Land Value: $120,000
  • Market Improvement Value: $315,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $435,000
  • Assessed Land Value: $120,000
  • Assessed Improvements Value: $315,000

    Sales

  • Current Sale Contract Date: Nov 23, 2020
  • Current Sale Recording Date: Nov 24, 2020
  • Current Sale Transaction ID: 11808767605
  • Current Sale Price: $335,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020198548
  • Previous Sale Recording Date: Jul 16, 1987
  • Previous Sale Contract Date: Jul 16, 1987
  • Previous Sale Amount: $112,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: ACOPIA LLC
  • First Mortgage Transaction Date: Nov 24, 2020
  • First Mortgage Loan Amount: $316,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2050

About Provincetowne



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Frequently Asked Questions

What neighborhood is 12229 Parks Farm Lane located in?
The 12229 Parks Farm Lane is a house located in the neighborhood of Provincetowne in Provincetowne, Charlotte.
What is the average sales price for listings in 12229 Parks Farm Lane?
The average sales price for units in 12229 Parks Farm Lane is $345,000 , or $164/sqft. currently.

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