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2825 Gablestone Way

2825 Gablestone Way, Charlotte, NC 28207
Townhouse in Elizabeth
Local assessors in Charlotte, NC have categorized 2825 Gablestone Way as a residential type of property. The home was built in 2002 and is 22 years old. The property's lot size has been calculated to be 4,487 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 2825 Gablestone Way has a total of 3,418 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 441 sqft. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - A. Lots of brick were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 2825 Gablestone Way sold most recently in May 6, 2022 for a total of $990,000. If you work out the math, that's approximately a cost of $289.64 per sqft. Before that, the property was also sold for $622,500 in Jan 31, 2005. 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 $6,772 in taxes each year. 2825 Gablestone Way was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $961,100. If we break it down further, the land itself was valued at $225,000. Improvements to the property, however, were assessed at a total of $736,100. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.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.

Building Features

Exterior

Brick Exterior

Parking

Garage Parking
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20220107
01/07/2022
4 Bed
3 Bath
3437 ft²
$1,272,000
bedrooms
4 Bed
bathrooms
3 Bath
square feet
3437 ft²
-
-
-
Scot Williams
Wood-Williams Realty LLC

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: A
  • Building Style: Unknown
  • Exterior Walls Type: Brick
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 441
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 4,487
  • Total Building Area: 3,418
  • Gross Building Area: 3,418
  • Building Area: 3,418
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 3,418
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CROWNSGATE TWNHMS PH 01 MAP 01
  • Land Acres: 0.103
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: L14 M38-559

Ownership

  • Current Owner : MULLEN JAMES EDGAR
  • Current Owner 2: MULLEN MELANIE H
  • Previous Owner : MICHAEL BURNETT A
  • Owner Before Previous Owner: JONES W ERWIN
  • Owner Before Previous Owner 2: CAUDLE CHAMBERLAYNE JONES
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Charlotte-Mecklenburg Schools
  • School Tax School District: CHARLOTTE
  • Census Tract: 002400

Zoning

  • Zoning: UR-2

Geography

  • Assessors Map Reference: 127-12
  • District: 1
  • Parcel: 127-124-12
  • Block: 4
  • Lot: 14
  • Municipality: CHARLOTTE
  • Latitude: 35.2024
  • Longitude: -80.8123

    Address

  • Full Address: 2825 Gablestone Way
  • Address - House Number: 2825
  • Address - Street Name: Gablestone
  • Address - Suffix Type: Way
  • State: NC
  • City Name: Charlotte
  • Carrier Code: C063
  • 4-Digit Zip Code: 1124
  • Zip Code: 28207

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,772
  • Tax Rate Code Area: CITY OF CH

    Appraisal Valuation

  • Standard Deviation: 0.1892
  • Valuation Date: Apr 26, 2023
  • Confidence Score: 75
  • Final Value: 1,085,733
  • High Value: 1,291,221
  • Low Value: 880,244

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $750,000
  • First Open Lien Mortgage Lender: FIRST FEDERAL SAVINGS BANK OF
  • First Open Lien Mortgage Recording Date: Jun 27, 2022
  • First Open Lien Mortgage Loan Amount: $750,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Jun 25, 2037

    Market Valuation

  • Market Total Value: $961,100
  • Market Land Value: $225,000
  • Market Improvement Value: $736,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $961,100
  • Assessed Land Value: $225,000
  • Assessed Improvements Value: $736,100

    Sales

  • Current Sale Contract Date: May 06, 2022
  • Current Sale Recording Date: May 06, 2022
  • Current Sale Transaction ID: 11887318330
  • Current Sale Price: $990,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 70188
  • Previous Sale Recording Date: Feb 01, 2005
  • Previous Sale Contract Date: Jan 31, 2005
  • Previous Sale Amount: $622,500
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: BRANCH BANKING AND TRUST CO
  • Previous Mortgage Transaction Date: Feb 01, 2005
  • Previous Mortgage Loan Amount: $359,650
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Feb 01, 2035

About Elizabeth



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Frequently Asked Questions

What neighborhood is 2825 Gablestone Way located in?
The 2825 Gablestone Way is a townhouse located in the neighborhood of Elizabeth in Elizabeth, Charlotte.
What is the average sales price for listings in 2825 Gablestone Way?
The average sales price for units in 2825 Gablestone Way is $0 currently.

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