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4021 Spencer Towns Lane

4021 Spencer Towns Lane, Charlotte, NC 28205
Townhouse in North Charlotte
Sold Mar 30, 2020
$446,000
$397,800 by Truist Bank
Mortgage Due Mar 01, 2051
Local assessors in Charlotte, NC have categorized 4021 Spencer Towns Lane as a residential type of property. The home was built in 2019 and is 5 years old. The property's lot size has been calculated to be 1,668 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a townhouse 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 are 3 full bathrooms. There are also 4 partial bathrooms. This is a 3 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 4021 Spencer Towns Lane has a total of 2,083 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. 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 concrete 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 electricity. 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, 4021 Spencer Towns Lane sold most recently in Mar 27, 2020 for a total of $446,000. If you work out the math, that's approximately a cost of $214.11 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 $3,058 in taxes each year. 4021 Spencer Towns Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $569,800. If we break it down further, the land itself was valued at $150,000. Improvements to the property, however, were assessed at a total of $419,800. The property's total market value has been marked the same as the total assessed value which is pretty typical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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

Condition

New Construction

Exterior

Brick Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 2019
  • Effective Year Built: 2019
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Quality: A
  • Building Style: Townhouse
  • Exterior Walls Type: Concrete
  • Floor Count: 3
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,668
  • Total Building Area: 2,083
  • Gross Building Area: 2,083
  • Building Area: 2,083
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,083
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SPENCER TOWNS
  • Land Acres: 0.038
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: L19 M65-405

Ownership

  • Current Owner : KINLAW MICHAEL
  • Current Owner 2: HUNT DOROTHY A
  • Previous Owner : CAROLINA COTTAGE HOMES LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: UR-2(CD)

Geography

  • Assessors Map Reference: BK 91 PG 9
  • Parcel: 091-095-44
  • Block: 5
  • Lot: 19
  • Municipality: CHARLOTTE
  • Latitude: 35.2449
  • Longitude: -80.8006

    Address

  • Full Address: 4021 Spencer Towns Ln
  • Address - House Number: 4021
  • Address - Street Name: Spencer Towns
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Charlotte
  • Carrier Code: C046
  • 4-Digit Zip Code: 1684
  • Zip Code: 28205

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,058
  • Tax Rate Code Area: CITY OF CH

    Appraisal Valuation

  • Standard Deviation: 0.1925
  • Valuation Date: Apr 26, 2023
  • Confidence Score: 74
  • Final Value: 645,359
  • High Value: 769,638
  • Low Value: 521,081

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $397,800
  • First Open Lien Mortgage Lender: TRUIST BANK
  • First Open Lien Mortgage Recording Date: Feb 12, 2021
  • First Open Lien Mortgage Loan Amount: $397,800
  • 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: Mar 01, 2051

    Market Valuation

  • Market Total Value: $569,800
  • Market Land Value: $150,000
  • Market Improvement Value: $419,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $569,800
  • Assessed Land Value: $150,000
  • Assessed Improvements Value: $419,800

    Sales

  • Current Sale Contract Date: Mar 27, 2020
  • Current Sale Recording Date: Mar 30, 2020
  • Current Sale Transaction ID: 11757856420
  • Current Sale Price: $446,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 2020044685

    Last Sale Mortgage

  • First Mortgage Lender: TRUIST BANK
  • First Mortgage Transaction Date: Mar 30, 2020
  • First Mortgage Loan Amount: $401,265
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2050

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Frequently Asked Questions

What neighborhood is 4021 Spencer Towns Lane located in?
The 4021 Spencer Towns Lane is a townhouse located in the neighborhood of North Charlotte in North Charlotte, Charlotte.
What is the average sales price for listings in 4021 Spencer Towns Lane?
The average sales price for units in 4021 Spencer Towns Lane is $0 currently.

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