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3102 McLaughlin Lane

3102 McLaughlin Lane, Charlotte, NC 28269
Sold Apr 30, 2020
$205,000
$194,500 by Summit Funding Inc
Mortgage Due May 01, 2050
3102 McLaughlin Lane 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 1969 and is 55 years old. The home has a total of 3 bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 3102 McLaughlin Lane has 1,222 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 33,193 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 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 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, 3102 McLaughlin Lane sold most recently in Apr 29, 2020 for a total of $205,000. If you work out the math, that's approximately a cost of $167.76 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 $1,516 in taxes each year. 3102 McLaughlin Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $241,600. If we break it down further, the land itself was valued at $74,600. Improvements to the property, however, were assessed at a total of $167,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1969
  • Effective Year Built: 1969
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Exterior Walls Type: Brick
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 33,193
  • Total Building Area: 1,222
  • Gross Building Area: 1,222
  • Building Area: 1,222
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,222
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HILL FAMILY PROPERTY
  • Land Acres: 0.762
  • Standard Land Use Code: Single family residential
  • Legal Description 1: L2 M66-901

Ownership

  • Current Owner : HODGE RYAN RUSSELL
  • Previous Owner : FLINT DONNA H
  • Previous Owner 2: FLINT KENNETH R
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Charlotte-Mecklenburg Schools
  • School Tax School District: CHARLOTTE
  • Census Tract: 005527

Zoning

  • Zoning: R-3

Geography

  • Assessors Map Reference: BK 27 PG 26
  • Parcel: 027-261-66
  • Block: 1
  • Lot: 2
  • Municipality: CHARLOTTE
  • Latitude: 35.3405
  • Longitude: -80.7744

    Address

  • Full Address: 3102 Mclaughlin Ln
  • Address - House Number: 3102
  • Address - Street Name: Mclaughlin
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Charlotte
  • Carrier Code: C065
  • 4-Digit Zip Code: 8367
  • Zip Code: 28269

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,516

    Appraisal Valuation

  • Standard Deviation: 0.1929
  • Valuation Date: Jun 07, 2023
  • Confidence Score: 74
  • Final Value: 320,475
  • High Value: 382,317
  • Low Value: 258,632

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $244,500
  • First Open Lien Mortgage Lender: SUMMIT FUNDING INC
  • First Open Lien Mortgage Recording Date: Apr 30, 2020
  • First Open Lien Mortgage Loan Amount: $194,500
  • 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
  • Second Open Lien Mortgage Lender: TRULIANT FEDERAL CREDIT UNION
  • Second Open Lien Mortgage Recording Date: Jun 02, 2023
  • Second Open Lien Mortgage Loan Amount: $50,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Apr 26, 2053

    Market Valuation

  • Market Total Value: $241,600
  • Market Land Value: $74,600
  • Market Improvement Value: $167,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $241,600
  • Assessed Land Value: $74,600
  • Assessed Improvements Value: $167,000

    Sales

  • Current Sale Contract Date: Apr 29, 2020
  • Current Sale Recording Date: Apr 30, 2020
  • Current Sale Transaction ID: 11766393777
  • Current Sale Price: $205,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020060970

    Last Sale Mortgage

  • First Mortgage Lender: SUMMIT FUNDING INC
  • First Mortgage Transaction Date: Apr 30, 2020
  • First Mortgage Loan Amount: $194,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2050

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Frequently Asked Questions

What neighborhood is 3102 McLaughlin Lane located in?
The 3102 McLaughlin Lane is a located in the neighborhood of Prosperity Church Road in Prosperity Church Road, Charlotte.
What is the average sales price for listings in 3102 McLaughlin Lane?
The average sales price for units in 3102 McLaughlin Lane is $0 currently.

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