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2544 Abelwood Road

2544 Abelwood Road, Charlotte, NC 28216
Property in University Park
Sold May 01, 2007
$62,000
$71,200 by Investors Mortgage Lending Inc
Mortgage Due May 01, 2038
Sold May 01, 2007
$56,500
2544 Abelwood Road 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 1963 and is 61 years old. However, we must point out that the home was most recently renovated and altered in 1975. The home has a total of 2 bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 2544 Abelwood Road has 975 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 8,276 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 wood. 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, 2544 Abelwood Road was last sold in Apr 30, 2007 for $62,000. According to our calculations, that's $63.59 per sqft. Prior to that sales transaction, the property was sold for $56,500 in Apr 26, 2007. Current property owners are expected to pay $790 in taxes per year. The property on 2544 Abelwood Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $163,900. To break that down further, the land itself was valued at $52,300. While improvements to the property were assessed at a total of $111,600. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay 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: 1963
  • Effective Year Built: 1975
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Unknown
  • Exterior Walls Type: Wood
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 8,276
  • Total Building Area: 975
  • Gross Building Area: 975
  • Building Area: 975
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 975
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: UNIVERSITY PARK
  • Land Acres: 0.19
  • Standard Land Use Code: Single family residential
  • Legal Description 1: L30 BS M10-45

Ownership

  • Current Owner : SILER DONNA
  • Previous Owner : CARDINAL EQUITY INVESTMENTS INC
  • Owner Before Previous Owner: GIBBS JAMES O
  • Owner Before Previous Owner 2: GIBBS BETTY W
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: May 03, 2023

Neighborhood

  • School District Name: Charlotte-Mecklenburg Schools
  • School Tax School District: CHARLOTTE
  • Census Tract: 004600

Zoning

  • Zoning: R-5

Geography

  • Assessors Map Reference: 069-16
  • District: 1
  • Parcel: 069-164-13
  • Block: S
  • Lot: 30
  • Municipality: CHARLOTTE
  • Latitude: 35.268
  • Longitude: -80.8606

    Address

  • Full Address: 2544 Abelwood Rd
  • Address - House Number: 2544
  • Address - Street Name: Abelwood
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Charlotte
  • Carrier Code: C008
  • 4-Digit Zip Code: 4209
  • Zip Code: 28216

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $790
  • Tax Rate Code Area: CITY OF CH

    Appraisal Valuation

  • Standard Deviation: 0.2072
  • Valuation Date: Apr 26, 2023
  • Confidence Score: 71
  • Final Value: 221,372
  • High Value: 267,256
  • Low Value: 175,488

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $71,200
  • First Open Lien Mortgage Lender: INVESTORS MORTGAGE LENDING INC
  • First Open Lien Mortgage Recording Date: May 01, 2007
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $71,200
  • First Open Lien Mortgage Term: 371
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan
  • First Open Lien Mortgage Loan Due Date: May 01, 2038

    Market Valuation

  • Market Total Value: $163,900
  • Market Land Value: $52,300
  • Market Improvement Value: $111,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $163,900
  • Assessed Land Value: $52,300
  • Assessed Improvements Value: $111,600

    Sales

  • Current Sale Contract Date: Apr 30, 2007
  • Current Sale Recording Date: May 01, 2007
  • Current Sale Transaction ID: 1069303828
  • Current Sale Price: $62,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2007088889
  • Previous Sale Recording Date: May 01, 2007
  • Previous Sale Contract Date: Apr 26, 2007
  • Previous Sale Amount: $56,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: INVESTORS MORTGAGE LENDING INC
  • First Mortgage Transaction Date: May 01, 2007
  • First Mortgage Loan Amount: $71,200
  • First Mortgage Terms: 371
  • First Mortgage Loan Type: Building or Construction Loan
  • First Mortgage Loan Due Date: May 01, 2038

    Financing

  • First Mortgage Financing Type: Adjustable Rate

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Frequently Asked Questions

What neighborhood is 2544 Abelwood Road located in?
The 2544 Abelwood Road is a located in the neighborhood of University Park in University Park, Charlotte.
What is the average sales price for listings in 2544 Abelwood Road?
The average sales price for units in 2544 Abelwood Road is $0 currently.

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