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4052 Arbor Way

4052 Arbor Way, Charlotte, NC 28211
House in Foxcroft
Sold Nov 23, 2020
$3,350,000
Sold Aug 07, 2019
$2,960,000
$180,000 by Bank Of America Na
Mortgage Due Sep 01, 2049
4052 Arbor Way 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 5 bedrooms. Residents will have access to 5 full bathrooms. There are 6 partial bathrooms in the home. The building has a total of 2 stories. In addition, 4052 Arbor Way has 5,424 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a unknown that is 1,163 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 30,492 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown 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. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 638 sqft. Residents will have the luxury of enjoying a unknown. Love to swim? You'll be excited to find out that there is a pool on the property. 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 building has a gable style roof made of asphalt. 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 gas. There is a single fireplace in the home. Perfect for those wintery nights. The property was last sold in Nov 23, 2020 for $3,350,000. That's $617.63 per sqft. Prior to that sales transaction, the property was also sold in Aug 7, 2019 for $2,960,000. 4052 Arbor Way was last assessed in 2023. The total value of the property was assessed at $2,999,400. Specifically, the land the property is located on was valued at $1,530,000. While improvements on the property were assessed at a total of $1,469,400. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $23,348. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Brick Exterior / Wood Exterior
Wood Exterior

Parking

Carport
Garage Parking
Open Parking
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: 5
  • Bathroom Count: 6
  • Full Bathrooms: 5
  • Partial Bathrooms: 6
  • 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: 1,163
  • Garage Type: Garage
  • Garage Square Area: 638
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 30,492
  • Total Building Area: 5,424
  • Gross Building Area: 5,424
  • Building Area: 5,424
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 5,424
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BERKSHIRE REALTY CORP
  • Land Acres: 0.7
  • Standard Land Use Code: Single family residential
  • Legal Description 1: L6 B8 M8-507

Ownership

  • Current Owner : VIJAY VINOO
  • Current Owner 2: VIJAY CHANEE D
  • Previous Owner : MALMQVIST JOHAN
  • Previous Owner 2: MALMQVIST KAREN A
  • Owner Before Previous Owner: STRICKLAND BUILDING GROUP LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Charlotte-Mecklenburg Schools
  • School Tax School District: CHARLOTTE
  • Census Tract: 002903

Zoning

  • Zoning: R-3

Geography

  • Assessors Map Reference: 183-07
  • District: 1
  • Parcel: 183-072-14
  • Block: 8
  • Lot: 6
  • Municipality: CHARLOTTE
  • Latitude: 35.156
  • Longitude: -80.8106

    Address

  • Full Address: 4052 Arborway
  • Address - House Number: 4052
  • Address - Street Name: Arborway
  • State: NC
  • City Name: Charlotte
  • Carrier Code: C029
  • 4-Digit Zip Code: 3804
  • Zip Code: 28211

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $23,348
  • Tax Rate Code Area: CITY OF CH

    Appraisal Valuation

  • Standard Deviation: 0.1659
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 79
  • Final Value: 2,675,407
  • High Value: 3,119,489
  • Low Value: 2,231,326

    Market Valuation

  • Market Total Value: $2,999,400
  • Market Land Value: $1,530,000
  • Market Improvement Value: $1,469,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,999,400
  • Assessed Land Value: $1,530,000
  • Assessed Improvements Value: $1,469,400

    Sales

  • Current Sale Contract Date: Nov 23, 2020
  • Current Sale Recording Date: Nov 23, 2020
  • Current Sale Transaction ID: 11808766126
  • Current Sale Price: $3,350,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020197958
  • Previous Sale Recording Date: Aug 07, 2019
  • Previous Sale Contract Date: Aug 07, 2019
  • Previous Sale Amount: $2,960,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: TRUIST BANK
  • First Mortgage Transaction Date: Nov 23, 2020
  • First Mortgage Loan Amount: $500,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF AMERICA NA
  • Previous Mortgage Transaction Date: Aug 07, 2019
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $180,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Sep 01, 2049

About Foxcroft



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Frequently Asked Questions

What neighborhood is 4052 Arbor Way located in?
The 4052 Arbor Way is a house located in the neighborhood of Foxcroft in Foxcroft, Charlotte.
What is the average sales price for listings in 4052 Arbor Way?
The average sales price for units in 4052 Arbor Way is $0 currently.

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