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1701 West Boulevard

1701 West Boulevard, Charlotte, NC 28208
Sold Nov 03, 2014
$3,995,000
$3,800,000 by Wells Fargo Bank Na
Mortgage
Sold Jun 02, 2006
$2,999,000
$2,200,000 by Imperial Capital Bank
Mortgage
1701 West Boulevard in Charlotte, NC was first built in 1967 and is 57 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a multifamily style. It is a single story home. There are a total of 0 rooms in the home, of which, 6 are bedrooms. 1701 West Boulevard has 128,654 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 585,664 square feet.

Learn more about the property and building on this page. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of brick. Walk into the home itself and you'll find that it is currently being cooled with a wall air conditioning unit. As for heating, the home is utilizing baseboard heaters and being fueled with oil. 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, 1701 West Boulevard sold most recently in Oct 31, 2014 for a total of $3,995,000. If you work out the math, that's approximately a cost of $31.05 per sqft. Before that, the property was also sold for $2,999,000 in May 31, 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 $119,184 in taxes each year. 1701 West Boulevard was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $16,354,800. If we break it down further, the land itself was valued at $2,914,000. Improvements to the property, however, were assessed at a total of $13,440,800. The property's total market value has been marked the same as the total assessed value which is pretty typical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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: 1967
  • Building Count: 20
  • Bedroom Count: 6
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Multifamily
  • Exterior Walls Type: Brick
  • Floor Count: 1
  • Living Units: 8
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 585,664
  • Total Building Area: 128,654
  • Gross Building Area: 128,654
  • Building Area: 128,654
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Wall air conditioning unit
  • Heating: Baseboard
  • Heated Square Feet: 128,654
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 13.445
  • Standard Land Use Code: Multi-family dwellings (generic, 2+)
  • Legal Description 1: M4-549

Ownership

  • Current Owner : SANDHURST INVESTORS LLC
  • Previous Owner : SANDHURST COLLINS LLC
  • Owner Before Previous Owner: SANDHURST/FINLAY LLC
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Charlotte-Mecklenburg Schools
  • Census Tract: 003600

Geography

  • Parcel: 145-041-24
  • Block: 1
  • Lot: 24
  • Municipality: CHARLOTTE
  • Latitude: 35.2144
  • Longitude: -80.8853

    Address

  • Full Address: 1701 West Blvd
  • Address - House Number: 1701
  • Address - Street Name: West
  • Address - Suffix Type: Blvd
  • State: NC
  • City Name: Charlotte
  • Carrier Code: C004
  • 4-Digit Zip Code: 6930
  • Zip Code: 28208

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $119,184
  • Tax Rate Code Area: CITY OF CH

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $3,800,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Nov 03, 2014
  • First Open Lien Mortgage Loan Amount: $3,800,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Future Advance Clause / Open End Mortgage

    Market Valuation

  • Market Total Value: $16,354,800
  • Market Land Value: $2,914,000
  • Market Improvement Value: $13,440,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $16,354,800
  • Assessed Land Value: $2,914,000
  • Assessed Improvements Value: $13,440,800

    Sales

  • Current Sale Contract Date: Oct 31, 2014
  • Current Sale Recording Date: Nov 03, 2014
  • Current Sale Transaction ID: 1197750146
  • Current Sale Price: $3,995,000
  • Current Sale Document Type: Intrafamily Transfer & Dissolution
  • Current Sale Input Document Number: 2014127640
  • Previous Sale Recording Date: Jun 02, 2006
  • Previous Sale Contract Date: May 31, 2006
  • Previous Sale Amount: $2,999,000
  • Previous Sale Document Type: Special Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: IMPERIAL CAPITAL BANK
  • Previous Mortgage Transaction Date: Jun 02, 2006
  • Previous Mortgage Loan Amount: $2,200,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Building or Construction Loan

About Revolution Park



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Frequently Asked Questions

What neighborhood is 1701 West Boulevard located in?
The 1701 West Boulevard is a land located in the neighborhood of Revolution Park in Revolution Park, Charlotte.
What is the average sales price for listings in 1701 West Boulevard?
The average sales price for units in 1701 West Boulevard is $0 currently.

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