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1525 Newcastle Street

1525 Newcastle Street, Charlotte, NC 28216
Sold Apr 17, 2019
$208,000
$145,600 by American Security Mortgage Cor
Mortgage Due May 01, 2049
Sold Nov 16, 2018
$100,000
$134,900 by 212 Loans Llc
Mortgage Due May 15, 2019
1525 Newcastle Street in Charlotte, NC was first built in 1957 and is 67 years old. Although, the building on the property was most recently renovated and altered in 1970. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a unknown style. It is a single story home. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 1525 Newcastle Street has 980 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 6,970 square feet.

Learn more about the property and building on this page. There is a open porch and a patio. The home has a gable style roof made of asphalt. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of brick. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a forced air unit and being fueled with gas. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1525 Newcastle Street sold most recently in Apr 16, 2019 for a total of $208,000. If you work out the math, that's approximately a cost of $212.24 per sqft. Before that, the property was also sold for $100,000 in Nov 15, 2018. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,279 in taxes each year. 1525 Newcastle Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $262,600. If we break it down further, the land itself was valued at $70,000. Improvements to the property, however, were assessed at a total of $192,600. The property's total market value has been marked the same as the total assessed value which is pretty typical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Brick Venner Exterior
Vinyl Siding

Driveway

Driveway
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1970
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Unknown
  • Exterior Walls Type: Brick
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 6,970
  • Total Building Area: 980
  • Gross Building Area: 980
  • Building Area: 980
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 980
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BAHIA BAY SEC I
  • Land Acres: 0.16
  • Standard Land Use Code: Single family residential
  • Legal Description 1: L7 BB M967-307

Ownership

  • Current Owner : KELLY RYAN PATRICK
  • Current Owner 2: ISHLL MANAMI
  • Previous Owner : BEAR COLLECTIVE LLC
  • Owner Before Previous Owner: SMOKY MOUNTAIN EQUITY LLC

Neighborhood

  • School District Name: Charlotte-Mecklenburg Schools
  • School Tax School District: CHARLOTTE
  • Census Tract: 004800

Zoning

  • Zoning: R-5

Geography

  • Assessors Map Reference: 075-06
  • District: 1
  • Parcel: 075-063-15
  • Block: B
  • Lot: 7
  • Municipality: CHARLOTTE
  • Latitude: 35.2581
  • Longitude: -80.8469

    Address

  • Full Address: 1525 Newcastle St
  • Address - House Number: 1525
  • Address - Street Name: Newcastle
  • Address - Suffix Type: St
  • State: NC
  • City Name: Charlotte
  • Carrier Code: C001
  • 4-Digit Zip Code: 4826
  • Zip Code: 28216

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,279
  • Tax Rate Code Area: CITY OF CH

    Appraisal Valuation

  • Standard Deviation: 0.1989
  • Valuation Date: Apr 26, 2023
  • Confidence Score: 73
  • Final Value: 306,329
  • High Value: 367,265
  • Low Value: 245,393

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $145,600
  • First Open Lien Mortgage Lender: AMERICAN SECURITY MORTGAGE COR
  • First Open Lien Mortgage Recording Date: Apr 17, 2019
  • First Open Lien Mortgage Loan Amount: $145,600
  • 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: May 01, 2049

    Market Valuation

  • Market Total Value: $262,600
  • Market Land Value: $70,000
  • Market Improvement Value: $192,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $262,600
  • Assessed Land Value: $70,000
  • Assessed Improvements Value: $192,600

    Sales

  • Current Sale Contract Date: Apr 16, 2019
  • Current Sale Recording Date: Apr 17, 2019
  • Current Sale Transaction ID: 11598905040
  • Current Sale Price: $208,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2019044818
  • Previous Sale Recording Date: Nov 16, 2018
  • Previous Sale Contract Date: Nov 15, 2018
  • Previous Sale Amount: $100,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAN SECURITY MORTGAGE COR
  • First Mortgage Transaction Date: Apr 17, 2019
  • First Mortgage Loan Amount: $145,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: 212 LOANS LLC
  • Previous Mortgage Transaction Date: Nov 16, 2018
  • Previous Mortgage Loan Amount: $134,900
  • Previous Mortgage Term: 5
  • Previous Mortgage Loan Type: Building or Construction Loan
  • Previous Mortgage Loan Due Date: May 15, 2019

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Frequently Asked Questions

What neighborhood is 1525 Newcastle Street located in?
The 1525 Newcastle Street is a house located in the neighborhood of Lincoln Heights in Lincoln Heights, Charlotte.
What is the average sales price for listings in 1525 Newcastle Street?
The average sales price for units in 1525 Newcastle Street is $0 currently.

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