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1824 Burgandy Drive

1824 Burgandy Drive, Charlotte, NC 28262
Property in Mineral Springs
Sold Jun 16, 2006
$96,000
$86,310 by Fremont Investment & Loan
Mortgage Due Jul 01, 2036
1824 Burgandy Drive has been categorized by the local assessors in Charlotte, NC as a residential type of property. The building on the property was first built in 1983 and is 41 years old. The home has a total of 7 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1824 Burgandy Drive has 1,660 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 10,454 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. Residents will have the luxury of enjoying a patio. 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 C by the local assessor. The building has a gable style roof made of asphalt. The exterior walls of the building are made of materials we are unsure of. 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. 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, 1824 Burgandy Drive sold most recently in Jun 15, 2006 for a total of $96,000. If you work out the math, that's approximately a cost of $57.83 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 $1,194 in taxes each year. 1824 Burgandy Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $253,900. If we break it down further, the land itself was valued at $75,000. Improvements to the property, however, were assessed at a total of $178,900. The property's total market value has been marked the same as the total assessed value which is pretty typical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 1983
  • Effective Year Built: 1983
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Unknown
  • Exterior Walls Type: Other
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 10,454
  • Total Building Area: 1,660
  • Gross Building Area: 1,660
  • Building Area: 1,660
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,660
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: KNEIGHTON LANE
  • Land Acres: 0.24
  • Standard Land Use Code: Single family residential
  • Legal Description 1: L27M20-217

Ownership

  • Current Owner : ADAMS CHARLES W
  • Current Owner 2: ADAMS MARY
  • Previous Owner : JORDAN WILLIAM M
  • Previous Owner 2: JORDAN JOANN
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: JR

Neighborhood

  • School District Name: Charlotte-Mecklenburg Schools
  • School Tax School District: CHARLOTTE
  • Census Tract: 005536

Zoning

  • Zoning: R-4

Geography

  • Assessors Map Reference: 047-24
  • District: 1
  • Parcel: 047-241-34
  • Block: 1
  • Lot: 27M
  • Municipality: CHARLOTTE
  • Latitude: 35.2873
  • Longitude: -80.7916

    Address

  • Full Address: 1824 Burgandy Dr
  • Address - House Number: 1824
  • Address - Street Name: Burgandy
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Charlotte
  • Carrier Code: C076
  • 4-Digit Zip Code: 4966
  • Zip Code: 28262

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,194
  • Tax Rate Code Area: CITY OF CH

    Appraisal Valuation

  • Standard Deviation: 0.2025
  • Valuation Date: Apr 26, 2023
  • Confidence Score: 72
  • Final Value: 286,141
  • High Value: 344,086
  • Low Value: 228,196

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $95,900
  • First Open Lien Mortgage Lender: FREMONT INVESTMENT & LOAN
  • First Open Lien Mortgage Recording Date: Jun 16, 2006
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $86,310
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Balloon
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2036
  • Second Open Lien Mortgage Lender: WILLIAM M JORDAN III
  • Second Open Lien Mortgage Loan Amount: $9,590
  • Second Open Lien Mortgage Loan Type: Unknown (DEFAULT)
  • Second Open Lien Mortgage Private Lender: T

    Market Valuation

  • Market Total Value: $253,900
  • Market Land Value: $75,000
  • Market Improvement Value: $178,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $253,900
  • Assessed Land Value: $75,000
  • Assessed Improvements Value: $178,900

    Sales

  • Current Sale Contract Date: Jun 15, 2006
  • Current Sale Recording Date: Jun 16, 2006
  • Current Sale Transaction ID: 1197665589
  • Current Sale Price: $96,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2006120145

    Last Sale Mortgage

  • First Mortgage Lender: FREMONT INVESTMENT & LOAN
  • First Mortgage Transaction Date: Jun 16, 2006
  • First Mortgage Loan Amount: $86,310
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Balloon
  • First Mortgage Loan Due Date: Jul 01, 2036
  • Second Mortgage Lender: WILLIAM M JORDAN III
  • Second Mortgage Transaction Date: Jun 16, 2006
  • Second Mortgage Loan Amount: $9,590
  • Second Mortgage Terms: 36
  • Second Mortgage Loan Type: Unknown (DEFAULT)
  • Second Mortgage Loan Due Date: Jun 15, 2009

    Financing

  • First Mortgage Financing Type: Adjustable Rate

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Frequently Asked Questions

What neighborhood is 1824 Burgandy Drive located in?
The 1824 Burgandy Drive is a located in the neighborhood of Mineral Springs in Mineral Springs, Charlotte.
What is the average sales price for listings in 1824 Burgandy Drive?
The average sales price for units in 1824 Burgandy Drive is $0 currently.

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