Check Availability

424 Fairgreen Drive

424 Fairgreen Drive, Charlotte, NC 28217
Property in Montclaire South
Sold May 31, 2017
Transfer
$130,000 by Cardinal Financial Company Lp
Mortgage Due Dec 01, 2036
Sold Aug 14, 2008
$104,000
$102,897 by Bank Of America Na
Mortgage Due Sep 01, 2038
Local assessors in Charlotte, NC have categorized 424 Fairgreen Drive as a residential type of property. The home was built in 1967 and is 57 years old. It was most recently renovated and altered in 1975. The property's lot size has been calculated to be 12,197 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 424 Fairgreen Drive has a total of 1,233 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 both a porch and a patio so you'll have great options in both the front and 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 a forced air unit is the primary heating source and it is 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. Before that, the property was also sold for $104,000 in Aug 13, 2008. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $1,454 in taxes each year. 424 Fairgreen Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $246,700. If we break it down further, the land itself was valued at $65,000. Improvements to the property, however, were assessed at a total of $181,700. 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: 1967
  • 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
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 12,197
  • Total Building Area: 1,233
  • Gross Building Area: 1,233
  • Building Area: 1,233
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,233
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BRITISH WOODS
  • Land Acres: 0.28
  • Standard Land Use Code: Single family residential
  • Legal Description 1: L11 B4 M12-505

Ownership

  • Current Owner : VELAZQUEZ ROSA I
  • Previous Owner : RODRIGUEZ ROSA I
  • Previous Owner 2: RODRIGUEZ AZUCENA D
  • Owner Before Previous Owner: STERCHI JOHN PATRICK
  • Owner Before Previous Owner 2: STERCHI STEPHANIE B
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Charlotte-Mecklenburg Schools
  • School Tax School District: CHARLOTTE
  • Census Tract: 003807

Zoning

  • Zoning: R-4

Geography

  • Assessors Map Reference: 169-21
  • District: 1
  • Parcel: 169-212-10
  • Block: 4
  • Lot: 11
  • Municipality: CHARLOTTE
  • Latitude: 35.1432
  • Longitude: -80.89

    Address

  • Full Address: 424 Fairgreen Dr
  • Address - House Number: 424
  • Address - Street Name: Fairgreen
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Charlotte
  • Carrier Code: C030
  • 4-Digit Zip Code: 4900
  • Zip Code: 28217

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,454
  • Tax Rate Code Area: CITY OF CH

    Appraisal Valuation

  • Standard Deviation: 0.2366
  • Valuation Date: Apr 26, 2023
  • Confidence Score: 66
  • Final Value: 267,762
  • High Value: 331,132
  • Low Value: 204,392

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $130,000
  • First Open Lien Mortgage Lender: CARDINAL FINANCIAL COMPANY LP
  • First Open Lien Mortgage Recording Date: Nov 24, 2021
  • First Open Lien Mortgage Loan Amount: $130,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2036

    Market Valuation

  • Market Total Value: $246,700
  • Market Land Value: $65,000
  • Market Improvement Value: $181,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $246,700
  • Assessed Land Value: $65,000
  • Assessed Improvements Value: $181,700

    Sales

  • Current Sale Contract Date: May 26, 2017
  • Current Sale Recording Date: May 31, 2017
  • Current Sale Transaction ID: 1588460194
  • Current Sale Document Type: Quit Claim Deed
  • Current Sale Input Document Number: 2017071168
  • Previous Sale Recording Date: Aug 14, 2008
  • Previous Sale Contract Date: Aug 13, 2008
  • Previous Sale Amount: $104,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: M & T BANK
  • First Mortgage Transaction Date: May 31, 2017
  • First Mortgage Loan Amount: $88,958
  • First Mortgage Terms: 276
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jun 01, 2040

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF AMERICA NA
  • Previous Mortgage Transaction Date: Aug 14, 2008
  • Previous Mortgage Loan Amount: $102,897
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Sep 01, 2038

About Montclaire South



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 1042 Bexton Street, Charlotte, NC, 28273

$2,450 /mo

  • 3 Beds
  • 3.5 Baths
1042 Bexton Street, Charlotte, NC, 28273 Listing by Kristi Graff

Frequently Asked Questions

What neighborhood is 424 Fairgreen Drive located in?
The 424 Fairgreen Drive is a located in the neighborhood of Montclaire South in Montclaire South, Charlotte.
What is the average sales price for listings in 424 Fairgreen Drive?
The average sales price for units in 424 Fairgreen Drive is $0 currently.

Quantcast