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1700 Sterling Road

1700 Sterling Road, Charlotte, NC 28209
Multifamily in Myers Park
Sold Feb 16, 2018
$645,000
$1,513,000 by Pinnacle Bank
Mortgage
Local assessors in Charlotte, NC have categorized 1700 Sterling Road as a residential type of property. The home was built in 1954 and is 70 years old. The property's lot size has been calculated to be 15,682 square feet. As for the restroom situation, there are 2 full bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1700 Sterling Road has a total of 1,889 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. 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 - C. The building has a roof that is made of asphalt. Lots of brick veneer 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 heating system 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. 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, 1700 Sterling Road sold most recently in Feb 14, 2018 for a total of $645,000. If you work out the math, that's approximately a cost of $341.45 per sqft. 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 $5,603 in taxes each year. 1700 Sterling Road was most recently assessed in 2018. During this assessment, the property's total value was estimated to be about $415,900. If we break it down further, the land itself was valued at $342,000. Improvements to the property, however, were assessed at a total of $73,900. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.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

Condition

New Construction

Exterior

Brick Exterior
Cedar Siding
Metal Exterior

Parking

Attached Garage
Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1954
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Building Quality: C
  • Exterior Walls Type: Brick veneer
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 15,682
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,889
  • Building Area: 1,889
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,889
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.36
  • Standard Land Use Code: Single family residential
  • Legal Description 1: L1 B72 M1580-431

Ownership

  • Current Owner : BARRINGER & SMITH PROPERTIES LLC
  • Previous Owner : WEEKS MARY ANN
  • Previous Owner 2: WEEKS JAMES DOUGLAS
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Charlotte-Mecklenburg Schools
  • School Tax School District: CHARLOTTE
  • School Tax District Code 2: CHARLOTTE
  • Census Tract: 002702

Geography

  • Assessors Map Reference: BK 151 PG 12
  • District: 1
  • Parcel: 151-126-31
  • Block: 6
  • Lot: 31
  • Municipality: CHARLOTTE
  • Latitude: 35.1861
  • Longitude: -80.8435

    Address

  • Full Address: 1700 Sterling Rd
  • Address - House Number: 1700
  • Address - Street Name: Sterling
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Charlotte
  • Carrier Code: C002
  • 4-Digit Zip Code: 1550
  • Zip Code: 28209

Valuation

    Tax

  • Tax Year: 2018
  • Tax Amount: $5,603
  • Tax Rate Code Area: CITY OF CH

    Appraisal Valuation

  • Standard Deviation: 0.177
  • Valuation Date: Aug 23, 2019
  • Confidence Score: 85
  • Final Value: 642,900
  • High Value: 756,706
  • Low Value: 529,094

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,513,000
  • First Open Lien Mortgage Lender: PINNACLE BANK
  • First Open Lien Mortgage Recording Date: Jul 31, 2018
  • First Open Lien Mortgage Loan Amount: $1,513,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan

    Market Valuation

  • Market Total Value: $415,900
  • Market Land Value: $342,000
  • Market Improvement Value: $73,900

    Assessments Valuation

  • Assessed Year: 2018
  • Assessed Total Value: $415,900
  • Assessed Land Value: $342,000
  • Assessed Improvements Value: $73,900

    Sales

  • Current Sale Contract Date: Feb 14, 2018
  • Current Sale Recording Date: Feb 16, 2018
  • Current Sale Transaction ID: 11405702418
  • Current Sale Price: $645,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2018018064

About Myers Park



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Nearby Rentals

Unit for rent at

$1,900 /mo

  • 1 Bed
  • 1 Bath

Frequently Asked Questions

What neighborhood is 1700 Sterling Road located in?
The 1700 Sterling Road is a multifamily located in the neighborhood of Myers Park in Myers Park, Charlotte.
What is the average sales price for listings in 1700 Sterling Road?
The average sales price for units in 1700 Sterling Road is $0 currently.

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