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3202 Spencer Street

3202 Spencer Street, Charlotte, NC 28205
Townhouse in North Charlotte
Sold Dec 18, 2018
$610,000
$457,500 by Bank Of America Na
Mortgage Due Jan 01, 2049
3202 Spencer 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 2018 and is 6 years old. The home has a total of 4 bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 3202 Spencer Street has 2,576 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 7,405 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a townhouse 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. 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 exterior walls of the building are made of concrete. 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. 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, 3202 Spencer Street sold most recently in Dec 18, 2018 for a total of $610,000. If you work out the math, that's approximately a cost of $236.80 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 $5,592 in taxes each year. 3202 Spencer Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $865,300. If we break it down further, the land itself was valued at $325,000. Improvements to the property, however, were assessed at a total of $540,300. The property's total market value has been marked the same as the total assessed value which is pretty typical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 2018
  • Effective Year Built: 2018
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: A
  • Building Style: Townhouse
  • Exterior Walls Type: Concrete
  • Floor Count: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,405
  • Total Building Area: 2,576
  • Gross Building Area: 2,576
  • Building Area: 2,576
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,576
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.17
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: L12A M62-530

Ownership

  • Current Owner : REID MICHAEL G
  • Current Owner 2: REID KAY
  • Previous Owner : HOMES BY POLARIS LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Charlotte-Mecklenburg Schools
  • School Tax School District: CHARLOTTE
  • Census Tract: 001400

Geography

  • Assessors Map Reference: BK 83 PG 12
  • Parcel: 083-124-17
  • Block: 4
  • Lot: 12A
  • Municipality: CHARLOTTE
  • Latitude: 35.2438
  • Longitude: -80.8019

    Address

  • Full Address: 3202 Spencer St
  • Address - House Number: 3202
  • Address - Street Name: Spencer
  • Address - Suffix Type: St
  • State: NC
  • City Name: Charlotte
  • Carrier Code: C047
  • 4-Digit Zip Code: 1565
  • Zip Code: 28205

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,592
  • Tax Rate Code Area: CITY OF CH

    Appraisal Valuation

  • Standard Deviation: 0.1863
  • Valuation Date: Apr 26, 2023
  • Confidence Score: 75
  • Final Value: 845,578
  • High Value: 1,003,190
  • Low Value: 687,966

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $457,500
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Dec 18, 2018
  • First Open Lien Mortgage Loan Amount: $457,500
  • 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: Jan 01, 2049

    Market Valuation

  • Market Total Value: $865,300
  • Market Land Value: $325,000
  • Market Improvement Value: $540,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $865,300
  • Assessed Land Value: $325,000
  • Assessed Improvements Value: $540,300

    Sales

  • Current Sale Contract Date: Dec 18, 2018
  • Current Sale Recording Date: Dec 18, 2018
  • Current Sale Transaction ID: 11543946103
  • Current Sale Price: $610,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2018155645

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: Dec 18, 2018
  • First Mortgage Loan Amount: $457,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2049

About North Charlotte



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Nearby Rentals

Unit for rent at

$2,480 /mo

  • 3 Beds
  • 1 Bath
  • 1,077 ft²
Listing by Manager

Frequently Asked Questions

What neighborhood is 3202 Spencer Street located in?
The 3202 Spencer Street is a townhouse located in the neighborhood of North Charlotte in North Charlotte, Charlotte.
What is the average sales price for listings in 3202 Spencer Street?
The average sales price for units in 3202 Spencer Street is $615,000 , or $236/sqft. currently.

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