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1733 Academy Street

1733 Academy Street, Charlotte, NC 28205
Multifamily in Shamrock
Sold Mar 19, 2021
$338,000
Buyer
Seller
$275,341 by Finance Of America Commercial
Mortgage Due Jan 08, 2052
Sold Mar 19, 2021
$338,000
1733 Academy Street in Charlotte, NC was first built in 1954 and is 70 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 unknown style. It is a single story home. There are a total of 0 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 1733 Academy Street has 1,450 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 10,454 square feet.

Learn more about the property and building on this page. There is a open porch and a patio. The home has a gable style roof made of asphalt. 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 central air conditioning. As for heating, the home is utilizing a forced air unit 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, 1733 Academy Street sold most recently in Mar 18, 2021 for a total of $338,000. If you work out the math, that's approximately a cost of $233.10 per sqft. Before that, the property was also sold for $338,000 in Mar 5, 2021. That means the value of the property has remained about the same! Tax-wise, the current owner is expected to pay close to $2,140 in taxes each year. 1733 Academy Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $341,800. If we break it down further, the land itself was valued at $200,000. Improvements to the property, however, were assessed at a total of $141,800. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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!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: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Unknown
  • Exterior Walls Type: Brick
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 2
  • Basement Area: 0
  • Parking Space Count: 0
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 10,454
  • Total Building Area: 1,450
  • Gross Building Area: 1,450
  • Building Area: 1,450
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,450
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: EASTWOOD PARK
  • Land Acres: 0.24
  • Standard Land Use Code: Multi-family dwellings (generic, 2+)
  • Legal Description 1: L15 B5 M6-775

Ownership

  • Current Owner : VOLO NC LLC
  • Previous Owner : INVESTEAR LLC
  • Owner Before Previous Owner: MORAN JOSE GUILLERMO
  • Owner Before Previous Owner 2: MORAN TELMA MIRIAN
  • 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: 001300

Zoning

  • Zoning: R-8

Geography

  • Assessors Map Reference: 093-04
  • District: 1
  • Parcel: 093-041-17
  • Block: 5
  • Lot: 15
  • Municipality: CHARLOTTE
  • Latitude: 35.2407
  • Longitude: -80.7872

    Address

  • Full Address: 1733 Academy St
  • Address - House Number: 1733
  • Address - Street Name: Academy
  • Address - Suffix Type: St
  • State: NC
  • City Name: Charlotte
  • Carrier Code: C038
  • 4-Digit Zip Code: 1716
  • Zip Code: 28205

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,140
  • Tax Rate Code Area: CITY OF CH

    Appraisal Valuation

  • Standard Deviation: 0.1785
  • Valuation Date: Apr 26, 2023
  • Confidence Score: 64
  • Final Value: 294,854
  • High Value: 347,513
  • Low Value: 242,194

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $275,341
  • First Open Lien Mortgage Lender: FINANCE OF AMERICA COMMERCIAL
  • First Open Lien Mortgage Recording Date: Dec 10, 2021
  • First Open Lien Mortgage Loan Amount: $275,341
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Jan 08, 2052

    Market Valuation

  • Market Total Value: $341,800
  • Market Land Value: $200,000
  • Market Improvement Value: $141,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $341,800
  • Assessed Land Value: $200,000
  • Assessed Improvements Value: $141,800

    Sales

  • Current Sale Contract Date: Mar 18, 2021
  • Current Sale Recording Date: Mar 19, 2021
  • Current Sale Transaction ID: 11835094212
  • Current Sale Price: $338,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 2021053972
  • Previous Sale Recording Date: Mar 19, 2021
  • Previous Sale Contract Date: Mar 05, 2021
  • Previous Sale Amount: $338,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: LENDINGHOME FUNDING CORP
  • First Mortgage Transaction Date: Mar 19, 2021
  • First Mortgage Loan Amount: $258,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

About Shamrock



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Frequently Asked Questions

What neighborhood is 1733 Academy Street located in?
The 1733 Academy Street is a multifamily located in the neighborhood of Shamrock in Shamrock, Charlotte.
What is the average sales price for listings in 1733 Academy Street?
The average sales price for units in 1733 Academy Street is $0 currently.

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