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328 Burroughs Street

328 Burroughs Street, Charlotte, NC 28213
Sold Nov 06, 2019
$140,000
$225,000 by Ralph Victor Malphurs
Mortgage
Sold Nov 28, 2006
$58,000
$55,100 by Nationwide Advantage Mortgage
Mortgage Due Dec 01, 2036
Local assessors in Charlotte, NC have categorized 328 Burroughs Street as a residential type of property. The home was built in 1963 and is 61 years old. It was most recently renovated and altered in 1975. The property's lot size has been calculated to be 8,712 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, 3 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 is one full bathroom. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 328 Burroughs Street has a total of 1,210 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. Do you like to entertain? The home has a patio so you'll have a great option in the back 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 - C. The building has a gable style roof that was made of asphalt. 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 baseboard heaters is the primary heating source and it is being fueled with oil. 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, 328 Burroughs Street sold most recently in Nov 6, 2019 for a total of $140,000. If you work out the math, that's approximately a cost of $115.70 per sqft. Before that, the property was also sold for $58,000 in Nov 9, 2006. 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 $1,023 in taxes each year. 328 Burroughs Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $209,600. If we break it down further, the land itself was valued at $47,500. Improvements to the property, however, were assessed at a total of $162,100. 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.

Building Features

Exterior

Brick Venner Exterior

Driveway

Driveway
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: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Unknown
  • Exterior Walls Type: Brick
  • 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: 8,712
  • Total Building Area: 1,210
  • Gross Building Area: 1,210
  • Building Area: 1,210
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Baseboard
  • Heated Square Feet: 1,210
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CHARCON
  • Land Acres: 0.2
  • Standard Land Use Code: Single family residential
  • Legal Description 1: L3 M10-237

Ownership

  • Current Owner : ZOILA & CHRIS REAL ESTATE INC
  • Previous Owner : FREEMAN MICHAEL EUBANKS
  • Previous Owner 2: MAHON DEBRA ANN
  • Owner Before Previous Owner: DEUTSCHE BANK NATIONAL TRUST CO
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Charlotte-Mecklenburg Schools
  • School Tax School District: CHARLOTTE
  • Census Tract: 005306

Zoning

  • Zoning: R-12MF

Geography

  • Assessors Map Reference: 089-02
  • District: 1
  • Parcel: 089-023-17
  • Block: 3
  • Lot: 3
  • Municipality: CHARLOTTE
  • Latitude: 35.2613
  • Longitude: -80.7854

    Address

  • Full Address: 328 Burroughs St
  • Address - House Number: 328
  • Address - Street Name: Burroughs
  • Address - Suffix Type: St
  • State: NC
  • City Name: Charlotte
  • Carrier Code: C059
  • 4-Digit Zip Code: 6726
  • Zip Code: 28213

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,023
  • Tax Rate Code Area: CITY OF CH

    Appraisal Valuation

  • Standard Deviation: 0.1995
  • Valuation Date: Apr 26, 2023
  • Confidence Score: 73
  • Final Value: 221,707
  • High Value: 265,959
  • Low Value: 177,454

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $225,000
  • First Open Lien Mortgage Lender: RALPH VICTOR MALPHURS
  • First Open Lien Mortgage Recording Date: Aug 28, 2020
  • First Open Lien Mortgage Loan Amount: $225,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Unknown (DEFAULT)
  • First Open Lien Mortgage Private Lender: T

    Market Valuation

  • Market Total Value: $209,600
  • Market Land Value: $47,500
  • Market Improvement Value: $162,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $209,600
  • Assessed Land Value: $47,500
  • Assessed Improvements Value: $162,100

    Sales

  • Current Sale Contract Date: Nov 06, 2019
  • Current Sale Recording Date: Nov 06, 2019
  • Current Sale Transaction ID: 11678055945
  • Current Sale Price: $140,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2019151560
  • Previous Sale Recording Date: Nov 28, 2006
  • Previous Sale Contract Date: Nov 09, 2006
  • Previous Sale Amount: $58,000
  • Previous Sale Document Type: Special Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: NATIONWIDE ADVANTAGE MORTGAGE
  • Previous Mortgage Transaction Date: Nov 28, 2006
  • Previous Mortgage Loan Amount: $55,100
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Dec 01, 2036

About Hidden Valley



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Frequently Asked Questions

What neighborhood is 328 Burroughs Street located in?
The 328 Burroughs Street is a house located in the neighborhood of Hidden Valley in Hidden Valley, Charlotte.
What is the average sales price for listings in 328 Burroughs Street?
The average sales price for units in 328 Burroughs Street is $0 currently.

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