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1625 Umstead Street

1625 Umstead Street, Charlotte, NC 28205
House in Belmont
Sold May 25, 2018
$502,500
$427,550 by Atlantic Bay Mortgage Group Ll
Mortgage Due Jun 01, 2048
Sold Dec 01, 2017
$145,000
$6,000,000 by Not Available
Mortgage
Local assessors in Charlotte, NC have categorized 1625 Umstead Street as a residential type of property. The home was built in 2018 and is 6 years old. The property's lot size has been calculated to be 7,405 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 0 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 3 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 1625 Umstead Street has a total of 2,448 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 180 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 - B. The building has a gable style roof that was made of asphalt. Lots of concrete 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1625 Umstead Street was last sold in May 25, 2018 for $502,500. According to our calculations, that's $205.27 per sqft. Prior to that sales transaction, the property was sold for $145,000 in Nov 30, 2017. Current property owners are expected to pay $4,510 in taxes per year. The property on 1625 Umstead Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $734,600. To break that down further, the land itself was valued at $350,000. While improvements to the property were assessed at a total of $384,600. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: B
  • Building Style: Unknown
  • Exterior Walls Type: Concrete
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 180
  • Parking Space Count: 0
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 7,405
  • Total Building Area: 2,448
  • Gross Building Area: 2,448
  • Building Area: 2,448
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,448
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SUNNYSIDE
  • Land Acres: 0.17
  • Standard Land Use Code: Single family residential
  • Legal Description 1: L18 B2 M173-377

Ownership

  • Current Owner : GRIMSTAD RICHARD A
  • Previous Owner : DAEDALUS LLC
  • Owner Before Previous Owner: DOG DAY ENTERPRLSESS LLC
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: III

Neighborhood

  • School District Name: Charlotte-Mecklenburg Schools
  • School Tax School District: CHARLOTTE
  • Census Tract: 000800

Zoning

  • Zoning: R-5

Geography

  • Assessors Map Reference: 081-16
  • District: 1
  • Parcel: 081-166-25
  • Block: 2
  • Lot: 18
  • Municipality: CHARLOTTE
  • Latitude: 35.2312
  • Longitude: -80.8143

    Address

  • Full Address: 1625 Umstead St
  • Address - House Number: 1625
  • Address - Street Name: Umstead
  • Address - Suffix Type: St
  • State: NC
  • City Name: Charlotte
  • Carrier Code: C039
  • 4-Digit Zip Code: 2955
  • Zip Code: 28205

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,510
  • Tax Rate Code Area: CITY OF CH

    Appraisal Valuation

  • Standard Deviation: 0.1863
  • Valuation Date: Apr 26, 2023
  • Confidence Score: 75
  • Final Value: 793,674
  • High Value: 941,612
  • Low Value: 645,736

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $427,550
  • First Open Lien Mortgage Lender: ATLANTIC BAY MORTGAGE GROUP LL
  • First Open Lien Mortgage Recording Date: May 25, 2018
  • First Open Lien Mortgage Loan Amount: $427,550
  • 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: Jun 01, 2048

    Market Valuation

  • Market Total Value: $734,600
  • Market Land Value: $350,000
  • Market Improvement Value: $384,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $734,600
  • Assessed Land Value: $350,000
  • Assessed Improvements Value: $384,600

    Sales

  • Current Sale Contract Date: May 25, 2018
  • Current Sale Recording Date: May 25, 2018
  • Current Sale Transaction ID: 11467724719
  • Current Sale Price: $502,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2018064204
  • Previous Sale Recording Date: Dec 01, 2017
  • Previous Sale Contract Date: Nov 30, 2017
  • Previous Sale Amount: $145,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ATLANTIC BAY MORTGAGE GROUP LL
  • First Mortgage Transaction Date: May 25, 2018
  • First Mortgage Loan Amount: $427,550
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2048

    Previous Mortgages

  • Previous Mortgage Lender: NOT AVAILABLE
  • Previous Mortgage Transaction Date: Dec 01, 2017
  • Previous Mortgage Loan Amount: $6,000,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

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Frequently Asked Questions

What neighborhood is 1625 Umstead Street located in?
The 1625 Umstead Street is a house located in the neighborhood of Belmont in Belmont, Charlotte.
What is the average sales price for listings in 1625 Umstead Street?
The average sales price for units in 1625 Umstead Street is $0 currently.

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