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1600 Hollow Drive

1600 Hollow Drive, Charlotte, NC 28212
Property in East Forest
Sold Mar 05, 2018
$17,050,000
$138,750 by United Wholesale Mortgage
Mortgage Due Jan 01, 2052
Sold Nov 03, 2006
$96,000
$96,000 by Homebanc Mortgage Corp
Mortgage Due Dec 01, 2036
1600 Hollow Drive 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 1975 and is 49 years old. The home has a total of 5 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1600 Hollow Drive has 1,402 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 45,302 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 276 sqft. Residents will have the luxury of enjoying both a open porch and a patio. 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 C by the local assessor. The building has a gable style roof made of asphalt. The exterior walls of the building are made of materials we are unsure of. 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 electricity. There is a single fireplace in the home. Perfect for those wintery nights. 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, 1600 Hollow Drive sold most recently in Feb 28, 2018 for a total of $17,050,000. If you work out the math, that's approximately a cost of $12,161.20 per sqft. Before that, the property was also sold for $96,000 in Nov 2, 2006. 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 $1,068 in taxes each year. 1600 Hollow Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $208,754. Improvements to the property, however, were assessed at a total of $208,754. The property's total market value has been marked the same as the total assessed value which is pretty typical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1975
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Unknown
  • Exterior Walls Type: Other
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 276
  • Parking Space Count: 0
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 45,302
  • Total Building Area: 1,402
  • Gross Building Area: 1,402
  • Building Area: 1,402
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,402
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FOX RDG CONDO 02
  • Land Acres: 1
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: UNIT 1600 U/F 31

Ownership

  • Current Owner : CROWN POINT SOUTH LLC
  • Previous Owner : EAST LAKE ASSOCIATES LLC
  • Owner Before Previous Owner: GRAY JOYCE J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Charlotte-Mecklenburg Schools
  • School Tax School District: CHARLOTTE
  • Census Tract: 001926

Zoning

  • Zoning: R17MF

Geography

  • Assessors Map Reference: 191-09
  • District: 1
  • Parcel: 191-092-01
  • Block: C
  • Lot: 95
  • Municipality: CHARLOTTE
  • Latitude: 35.1615
  • Longitude: -80.7515

    Address

  • Full Address: 1600 Hollow Dr
  • Address - House Number: 1600
  • Address - Street Name: Hollow
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Charlotte
  • Carrier Code: C001
  • 4-Digit Zip Code: 7642
  • Zip Code: 28212

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,068
  • Tax Rate Code Area: CITY OF CH

    Appraisal Valuation

  • Standard Deviation: 0.2033
  • Valuation Date: Apr 26, 2023
  • Confidence Score: 72
  • Final Value: 224,940
  • High Value: 270,679
  • Low Value: 179,200

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $138,750
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: Dec 30, 2021
  • First Open Lien Mortgage Loan Amount: $138,750
  • 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

    Market Valuation

  • Market Total Value: $208,754
  • Market Improvement Value: $208,754

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $208,754
  • Assessed Improvements Value: $208,754

    Sales

  • Current Sale Contract Date: Feb 28, 2018
  • Current Sale Recording Date: Mar 05, 2018
  • Current Sale Transaction ID: 11423822739
  • Current Sale Price: $17,050,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 2018025401
  • Previous Sale Recording Date: Nov 03, 2006
  • Previous Sale Contract Date: Nov 02, 2006
  • Previous Sale Amount: $96,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: HOMEBANC MORTGAGE CORP
  • Previous Mortgage Transaction Date: Nov 03, 2006
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $96,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Dec 01, 2036

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Frequently Asked Questions

What neighborhood is 1600 Hollow Drive located in?
The 1600 Hollow Drive is a located in the neighborhood of East Forest in East Forest, Charlotte.
What is the average sales price for listings in 1600 Hollow Drive?
The average sales price for units in 1600 Hollow Drive is $0 currently.

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