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2005 Lombardy Circle

2005 Lombardy Circle, Charlotte, NC 28203
Sold Mar 16, 2018
$760,000
$594,000 by Banksouth Mortgage Company Llc
Mortgage Due May 01, 2050
Sold Dec 02, 2013
$619,000
$78,200 by Paragon Commercial Bank
Mortgage
2005 Lombardy Circle 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 2008 and is 16 years old. The home has a total of 4 bedrooms. Residents will have access to 3 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 3 stories. In addition, 2005 Lombardy Circle has 3,388 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 5,227 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 open porch. 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 A by the local assessor. The building has a hip style roof made of asphalt. The exterior walls of the building are made of brick. 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 gas. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 2005 Lombardy Circle was last sold in Mar 13, 2018 for $760,000. According to our calculations, that's $224.32 per sqft. Prior to that sales transaction, the property was sold for $619,000 in Nov 27, 2013. Current property owners are expected to pay $7,329 in taxes per year. The property on 2005 Lombardy Circle was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,074,500. To break that down further, the land itself was valued at $455,000. While improvements to the property were assessed at a total of $619,500. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. 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.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2008
  • Effective Year Built: 2008
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Quality: A
  • Building Style: Unknown
  • Exterior Walls Type: Brick
  • Roof Shape Type: Hip
  • Roof Cover Type: Asphalt
  • Floor Count: 3
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 5,227
  • Total Building Area: 3,388
  • Gross Building Area: 3,388
  • Building Area: 3,388
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 3,388
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: EAST BOULEVARD/STEPHENS COMPAN
  • Land Acres: 0.12
  • Standard Land Use Code: Single family residential
  • Legal Description 1: P21 B2 M3-36

Ownership

  • Current Owner : BENDER MICHAEL J
  • Current Owner 2: BESNOFF RACHEL G
  • Previous Owner : LAMM KECIA LINN
  • Previous Owner 2: STEELMAN DONALD G
  • Owner Before Previous Owner: PARAGON HOME BUILDING INC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint tenants with right of survivorship

Neighborhood

  • School District Name: Charlotte-Mecklenburg Schools
  • School Tax School District: CHARLOTTE
  • Census Tract: 003402

Zoning

  • Zoning: R-5

Geography

  • Assessors Map Reference: 151-02
  • District: 1
  • Parcel: 151-023-02
  • Block: 2
  • Lot: 2
  • Municipality: CHARLOTTE
  • Latitude: 35.197
  • Longitude: -80.8419

    Address

  • Full Address: 2005 Lombardy Cir
  • Address - House Number: 2005
  • Address - Street Name: Lombardy
  • Address - Suffix Type: Cir
  • State: NC
  • City Name: Charlotte
  • Carrier Code: C007
  • 4-Digit Zip Code: 6059
  • Zip Code: 28203

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,329
  • Tax Rate Code Area: CITY OF CH

    Appraisal Valuation

  • Standard Deviation: 0.1832
  • Valuation Date: Apr 26, 2023
  • Confidence Score: 76
  • Final Value: 1,438,497
  • High Value: 1,702,057
  • Low Value: 1,174,937

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $594,000
  • First Open Lien Mortgage Lender: BANKSOUTH MORTGAGE COMPANY LLC
  • First Open Lien Mortgage Recording Date: Apr 17, 2020
  • First Open Lien Mortgage Loan Amount: $594,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2050

    Market Valuation

  • Market Total Value: $1,074,500
  • Market Land Value: $455,000
  • Market Improvement Value: $619,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,074,500
  • Assessed Land Value: $455,000
  • Assessed Improvements Value: $619,500

    Sales

  • Current Sale Contract Date: Mar 13, 2018
  • Current Sale Recording Date: Mar 16, 2018
  • Current Sale Transaction ID: 11436385135
  • Current Sale Price: $760,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2018030846
  • Previous Sale Recording Date: Dec 02, 2013
  • Previous Sale Contract Date: Nov 27, 2013
  • Previous Sale Amount: $619,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANKSOUTH MORTGAGE COMPANY LLC
  • First Mortgage Transaction Date: Mar 16, 2018
  • First Mortgage Loan Amount: $608,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2048

    Previous Mortgages

  • Previous Mortgage Lender: PARAGON COMMERCIAL BANK
  • Previous Mortgage Transaction Date: Dec 02, 2013
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $78,200
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Credit Line (Revolving)

About Freedom Park



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Frequently Asked Questions

What neighborhood is 2005 Lombardy Circle located in?
The 2005 Lombardy Circle is a house located in the neighborhood of Freedom Park in Freedom Park, Charlotte.
What is the average sales price for listings in 2005 Lombardy Circle?
The average sales price for units in 2005 Lombardy Circle is $0 currently.

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