Check Availability

3920 Carmel Acres Drive

3920 Carmel Acres Drive, Charlotte, NC 28226
Property in Carmel
Sold Dec 02, 2019
$1,400,000
$1,120,000 by Wells Fargo Bank Na
Mortgage Due Jan 01, 2050
3920 Carmel Acres Drive in Charlotte, NC was first built in 2006 and is 18 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a unknown style. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 5 are bedrooms. In terms of bathrooms, there are a total of 4 full bathrooms. There are 5 partial bathrooms. 3920 Carmel Acres Drive has 5,831 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 59,677 square feet.

Learn more about the property and building on this page. There is a open porch and a patio. The home has a gable style roof made of asphalt. For those who need parking, there is a garage. The garage is 867 sqft. The quality of the control joints have been graded by the local assessor with a letter grade of A. The condition of the building has been evaluated as average. The exterior walls of the home are made of brick. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a forced air unit and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter 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, 3920 Carmel Acres Drive sold most recently in Dec 2, 2019 for a total of $1,400,000. If you work out the math, that's approximately a cost of $240.10 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 $9,923 in taxes each year. 3920 Carmel Acres Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,811,300. If we break it down further, the land itself was valued at $430,000. Improvements to the property, however, were assessed at a total of $1,381,300. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: Average
  • Building Quality: A
  • Building Style: Unknown
  • Exterior Walls Type: Brick
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 867
  • Parking Space Count: 0
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 59,677
  • Total Building Area: 5,831
  • Gross Building Area: 5,831
  • Building Area: 5,831
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 5,831
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CARMEL ACRES
  • Land Acres: 1.37
  • Standard Land Use Code: Single family residential
  • Legal Description 1: L24 M6-821

Ownership

  • Current Owner : SPENCE JAMES GARRY
  • Current Owner 2: SPENCE LINSEY HUDSON
  • Previous Owner : SPENCE JAMES G
  • Previous Owner 2: SPENCE MELISSA A
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: JR

Neighborhood

  • School District Name: Charlotte-Mecklenburg Schools
  • School Tax School District: CHARLOTTE
  • Census Tract: 003008

Zoning

  • Zoning: R-3

Geography

  • Assessors Map Reference: 209-26
  • District: 1
  • Parcel: 209-261-06
  • Block: 1
  • Lot: 24
  • Municipality: CHARLOTTE
  • Latitude: 35.1083
  • Longitude: -80.8362

    Address

  • Full Address: 3920 Carmel Acres Dr
  • Address - House Number: 3920
  • Address - Street Name: Carmel Acres
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Charlotte
  • Carrier Code: C056
  • 4-Digit Zip Code: 7807
  • Zip Code: 28226

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,923
  • Tax Rate Code Area: CITY OF CH

    Appraisal Valuation

  • Standard Deviation: 0.1816
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 76
  • Final Value: 1,847,017
  • High Value: 2,182,581
  • Low Value: 1,511,454

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,120,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Dec 02, 2019
  • First Open Lien Mortgage Loan Amount: $1,120,000
  • 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, 2050

    Market Valuation

  • Market Total Value: $1,811,300
  • Market Land Value: $430,000
  • Market Improvement Value: $1,381,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,811,300
  • Assessed Land Value: $430,000
  • Assessed Improvements Value: $1,381,300

    Sales

  • Current Sale Contract Date: Dec 02, 2019
  • Current Sale Recording Date: Dec 02, 2019
  • Current Sale Transaction ID: 11705334577
  • Current Sale Price: $1,400,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2019164087

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Dec 02, 2019
  • First Mortgage Loan Amount: $1,120,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2050

About Carmel



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 4836 Blanchard Way, Charlotte, NC, 28226

$3,200 /mo

  • 3 Beds
  • 2.5 Baths
  • 2,131 ft²
4836 Blanchard Way, Charlotte, NC, 28226 Listing by Maria Carbonell

Frequently Asked Questions

What neighborhood is 3920 Carmel Acres Drive located in?
The 3920 Carmel Acres Drive is a located in the neighborhood of Carmel in Carmel, Charlotte.
What is the average sales price for listings in 3920 Carmel Acres Drive?
The average sales price for units in 3920 Carmel Acres Drive is $0 currently.

Quantcast