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16512 Morecambe Drive

16512 Morecambe Drive, Cornelius, NC 28031
Property in Mecklenburg
Sold Dec 19, 2016
$485,000
$300,000 by Bank Of America Na
Mortgage Due Jan 01, 2047
Sold Nov 24, 2008
$541,500
$300,000 by Allen Tate Mortgage Services I
Mortgage Due Dec 01, 2038
16512 Morecambe Drive has been categorized by the local assessors in Cornelius, NC as a residential type of property. The building on the property was first built in 1987 and is 37 years old. The home has a total of 8 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 16512 Morecambe Drive has 2,818 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 12,632 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 528 sqft. Residents will have the luxury of enjoying a porch. 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 B by the local assessor. The building has a gable style roof made of asphalt. The exterior walls of the building are made of brick. 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. 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, 16512 Morecambe Drive was last sold in Dec 15, 2016 for $485,000. According to our calculations, that's $172.11 per sqft. Prior to that sales transaction, the property was sold for $541,500 in Nov 24, 2008. Current property owners are expected to pay $4,179 in taxes per year. The property on 16512 Morecambe Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $686,700. To break that down further, the land itself was valued at $225,000. While improvements to the property were assessed at a total of $461,700. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 1987
  • Effective Year Built: 1987
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: B
  • Building Style: Unknown
  • Exterior Walls Type: Brick
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 528
  • Parking Space Count: 0
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 12,632
  • Total Building Area: 2,818
  • Gross Building Area: 2,818
  • Building Area: 2,818
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,818
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 01 HUNDRED NORMAN PLACE MAP 03
  • Land Acres: 0.29
  • Standard Land Use Code: Single family residential
  • Legal Description 1: L1 B1 M22-37

Ownership

  • Current Owner : GREENWALD CHARLES M
  • Current Owner 2: GREENWALD CAROL E
  • Previous Owner : BONDURANT CHARLES Q
  • Previous Owner 2: BONDURANT LINDA H
  • Owner Before Previous Owner: TAYLOR WILLIAM H
  • Owner Before Previous Owner 2: TAYLOR CATHERINE P
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Charlotte-Mecklenburg Schools
  • School Tax School District: CORNELIUS
  • Census Tract: 006220

Zoning

  • Zoning: GR

Geography

  • Assessors Map Reference: 001-52
  • District: 3
  • Parcel: 001-521-02
  • Block: 1
  • Lot: 1
  • Municipality: CORNELIUS
  • Latitude: 35.446
  • Longitude: -80.9004

    Address

  • Full Address: 16512 Morecambe Dr
  • Address - House Number: 16512
  • Address - Street Name: Morecambe
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Cornelius
  • Carrier Code: R004
  • 4-Digit Zip Code: 8692
  • Zip Code: 28031

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,179
  • Tax Rate Code Area: 02

    Appraisal Valuation

  • Standard Deviation: 0.1767
  • Valuation Date: Apr 26, 2023
  • Confidence Score: 77
  • Final Value: 789,194
  • High Value: 928,652
  • Low Value: 649,735

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $300,000
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Dec 19, 2016
  • First Open Lien Mortgage Loan Amount: $300,000
  • 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, 2047

    Market Valuation

  • Market Total Value: $686,700
  • Market Land Value: $225,000
  • Market Improvement Value: $461,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $686,700
  • Assessed Land Value: $225,000
  • Assessed Improvements Value: $461,700

    Sales

  • Current Sale Contract Date: Dec 15, 2016
  • Current Sale Recording Date: Dec 19, 2016
  • Current Sale Transaction ID: 1898466370
  • Current Sale Price: $485,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2016172784
  • Previous Sale Recording Date: Nov 24, 2008
  • Previous Sale Contract Date: Nov 24, 2008
  • Previous Sale Amount: $541,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: Dec 19, 2016
  • First Mortgage Loan Amount: $300,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2047

    Previous Mortgages

  • Previous Mortgage Lender: ALLEN TATE MORTGAGE SERVICES I
  • Previous Mortgage Transaction Date: Nov 24, 2008
  • Previous Mortgage Loan Amount: $300,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Dec 01, 2038

About Cornelius



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Frequently Asked Questions

What neighborhood is 16512 Morecambe Drive located in?
The 16512 Morecambe Drive is a located in the neighborhood of Mecklenburg in Cornelius, Cornelius.
What is the average sales price for listings in 16512 Morecambe Drive?
The average sales price for units in 16512 Morecambe Drive is $0 currently.

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