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1423 Main Street

1423 Main Street, Charlotte, NC 28204
House in Cherry
Sold Mar 14, 2018
$812,000
$740,000 by Navy Fcu
Mortgage Due Jan 01, 2052
Sold Oct 14, 2016
$998,500
$25,000,000 by Wells Fargo Bank Na
Mortgage
1423 Main Street has been categorized by the local assessors in Charlotte, NC as a residential type of property. The building on the property was first built in 2017 and is 7 years old. The home has a total of 4 bedrooms. Residents will have access to 4 full bathrooms. There are 5 partial bathrooms in the home. The building has a total of 3 stories. In addition, 1423 Main Street has 3,642 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 4,474 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Moving on to the building itself. The condition of the building has been evaluated as average. From what we've gathered, the quality of these control joints have been graded with a letter grade of A by the local assessor. The exterior walls of the building are made of concrete. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with gas. The property was last sold in Mar 14, 2017 for $812,000. That's $222.95 per sqft. Prior to that sales transaction, the property was also sold in Oct 7, 2016 for $998,500. 1423 Main Street was last assessed in 2023. The total value of the property was assessed at $1,047,000. Specifically, the land the property is located on was valued at $315,000. While improvements on the property were assessed at a total of $732,000. 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 $8,200. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2017
  • Effective Year Built: 2017
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: Average
  • Building Quality: A
  • Exterior Walls Type: Concrete
  • Floor Count: 3
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,474
  • Total Building Area: 3,642
  • Gross Building Area: 3,642
  • Building Area: 3,642
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 3,642
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: THE GROVE AT CHERRY
  • Land Acres: 0.103
  • Standard Land Use Code: Single family residential
  • Legal Description 1: L36 M60-155

Ownership

  • Current Owner : GREEN ALETHA D
  • Previous Owner : CAROLINA COTTAGE HOMES LLC
  • Owner Before Previous Owner: VIRGATE 1 LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Charlotte-Mecklenburg Schools
  • School Tax School District: CHARLOTTE
  • Census Tract: 002600

Zoning

  • Zoning: UR-2(CD)

Geography

  • Assessors Map Reference: BK 125 PG 22
  • District: 1
  • Parcel: 125-226-06
  • Block: 6
  • Lot: 36
  • Municipality: CHARLOTTE
  • Latitude: 35.2108
  • Longitude: -80.833

    Address

  • Full Address: 1423 Main St
  • Address - House Number: 1423
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: NC
  • City Name: Charlotte
  • Carrier Code: C008
  • 4-Digit Zip Code: 3145
  • Zip Code: 28204

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,200
  • Tax Rate Code Area: CITY OF CH

    Appraisal Valuation

  • Standard Deviation: 0.1839
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 75
  • Final Value: 1,290,698
  • High Value: 1,528,163
  • Low Value: 1,053,234

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $943,666
  • First Open Lien Mortgage Lender: NAVY FCU
  • First Open Lien Mortgage Recording Date: Dec 13, 2021
  • First Open Lien Mortgage Loan Amount: $740,000
  • 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, 2052
  • Second Open Lien Mortgage Lender: NAVY FEDERAL CREDIT UNION
  • Second Open Lien Mortgage Recording Date: Apr 20, 2023
  • Second Open Lien Mortgage Loan Amount: $203,666
  • Second Open Lien Mortgage Term: 480
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: May 01, 2063

    Market Valuation

  • Market Total Value: $1,047,000
  • Market Land Value: $315,000
  • Market Improvement Value: $732,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,047,000
  • Assessed Land Value: $315,000
  • Assessed Improvements Value: $732,000

    Sales

  • Current Sale Contract Date: Mar 14, 2017
  • Current Sale Recording Date: Mar 14, 2018
  • Current Sale Transaction ID: 11433033720
  • Current Sale Price: $812,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 2018029634
  • Previous Sale Recording Date: Oct 14, 2016
  • Previous Sale Contract Date: Oct 07, 2016
  • Previous Sale Amount: $998,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: NAVY FCU
  • First Mortgage Transaction Date: Mar 14, 2018
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Apr 01, 2048

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Oct 14, 2016
  • Previous Mortgage Loan Amount: $25,000,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Building or Construction Loan

About Cherry



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Frequently Asked Questions

What neighborhood is 1423 Main Street located in?
The 1423 Main Street is a house located in the neighborhood of Cherry in Cherry, Charlotte.
What is the average sales price for listings in 1423 Main Street?
The average sales price for units in 1423 Main Street is $0 currently.

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