1940 Erie Street

1940 Erie Street 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 2022 and is 2 years old. The home has a total of 3 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, 1940 Erie Street has 3,304 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 11,587 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. 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 exterior walls of the building are made of alum/vinyl siding. 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. The property was last sold in Apr 24, 2023 for $737,000. That's $223.06 per sqft. Prior to that sales transaction, the property was also sold in Mar 11, 2022 for $182,500. 1940 Erie Street was last assessed in 2023. The total value of the property was assessed at $258,200. Specifically, the land the property is located on was valued at $44,100. While improvements on the property were assessed at a total of $214,100. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $130. The initial tax year of delinquency was in 2022. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.