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1612 Russell Avenue

1612 Russell Avenue, Charlotte, NC 28216
Sold Apr 27, 2021
$145,000
$108,750 by Lendingone Llc
Mortgage Due May 01, 2051
Sold Sep 11, 2002
$24,000
1612 Russell Avenue 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 1962 and is 62 years old. However, we must point out that the home was most recently renovated and altered in 1970. The home has a total of 2 bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1612 Russell Avenue has 650 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 8,712 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. 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 hip style roof made of asphalt. The exterior walls of the building are made of brick. The inside of the home is being cooled with a wall air conditioning unit at the moment. In terms of heating, it is utilizing floor/wall heating system 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, 1612 Russell Avenue sold most recently in Apr 26, 2021 for a total of $145,000. If you work out the math, that's approximately a cost of $223.08 per sqft. Before that, the property was also sold for $24,000 in Sep 8, 2002. 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 $547 in taxes each year. 1612 Russell Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $146,500. If we break it down further, the land itself was valued at $82,500. Improvements to the property, however, were assessed at a total of $64,000. 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 Exterior

Driveway

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

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1970
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Unknown
  • Exterior Walls Type: Brick
  • Roof Shape Type: Hip
  • 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: 8,712
  • Total Building Area: 650
  • Gross Building Area: 650
  • Building Area: 650
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Wall air conditioning unit
  • Heating: Floor/wall
  • Heated Square Feet: 650
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BIDDLEVILLE HEIGHTS
  • Land Acres: 0.2
  • Standard Land Use Code: Single family residential
  • Legal Description 1: L11 B2 M6-441

Ownership

  • Current Owner : NIKITA PROPERTIES LLC
  • Previous Owner : P STIKELEATHER LLC
  • Owner Before Previous Owner: SULLIVAN SAMUEL
  • Owner Before Previous Owner 2: SULLIVAN LUCINDA
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

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: 075-062-16
  • Block: 2
  • Lot: 11
  • Municipality: CHARLOTTE
  • Latitude: 35.2567
  • Longitude: -80.8474

    Address

  • Full Address: 1612 Russell Ave
  • Address - House Number: 1612
  • Address - Street Name: Russell
  • Address - Suffix Type: Ave
  • State: NC
  • City Name: Charlotte
  • Carrier Code: C001
  • 4-Digit Zip Code: 5152
  • Zip Code: 28216

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $547
  • Tax Rate Code Area: CITY OF CH

    Appraisal Valuation

  • Standard Deviation: 0.2072
  • Valuation Date: Apr 26, 2023
  • Confidence Score: 71
  • Final Value: 191,448
  • High Value: 231,130
  • Low Value: 151,766

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $108,750
  • First Open Lien Mortgage Lender: LENDINGONE LLC
  • First Open Lien Mortgage Recording Date: Apr 27, 2021
  • First Open Lien Mortgage Loan Amount: $108,750
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan
  • First Open Lien Mortgage Loan Due Date: May 01, 2051

    Market Valuation

  • Market Total Value: $146,500
  • Market Land Value: $82,500
  • Market Improvement Value: $64,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $146,500
  • Assessed Land Value: $82,500
  • Assessed Improvements Value: $64,000

    Sales

  • Current Sale Contract Date: Apr 26, 2021
  • Current Sale Recording Date: Apr 27, 2021
  • Current Sale Transaction ID: 11840558580
  • Current Sale Price: $145,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021083046
  • Previous Sale Recording Date: Sep 11, 2002
  • Previous Sale Contract Date: Sep 08, 2002
  • Previous Sale Amount: $24,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: LENDINGONE LLC
  • First Mortgage Transaction Date: Apr 27, 2021
  • First Mortgage Loan Amount: $108,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Building or Construction Loan
  • First Mortgage Loan Due Date: May 01, 2051

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Frequently Asked Questions

What neighborhood is 1612 Russell Avenue located in?
The 1612 Russell Avenue is a house located in the neighborhood of Lincoln Heights in Lincoln Heights, Charlotte.
What is the average sales price for listings in 1612 Russell Avenue?
The average sales price for units in 1612 Russell Avenue is $0 currently.

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