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4404 Commonwealth Avenue

4404 Commonwealth Avenue, Charlotte, NC 28205
Property in Echo Hills
Sold Apr 22, 2021
$6,250,000
Sold Jun 12, 2019
$530,000
$375,000 by Farmers & Merchants Bank
Mortgage
4404 Commonwealth Avenue 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 1959 and is 65 years old. However, we must point out that the home was most recently renovated and altered in 1965. The home has a total of 2 bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 4404 Commonwealth Avenue has 729 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 7,632 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. Residents will have the luxury of enjoying both a open porch and a patio. 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 C by the local assessor. The building has a gable style roof made of asphalt. The exterior walls of the building are made of alum/vinyl siding. The inside of the home is being cooled with no air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with gas. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 4404 Commonwealth Avenue was last sold in Apr 22, 2021 for $6,250,000. According to our calculations, that's $8,573.39 per sqft. Prior to that sales transaction, the property was sold for $530,000 in Jun 11, 2019. Current property owners are expected to pay $1,454 in taxes per year. The property on 4404 Commonwealth Avenue was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $150,700. To break that down further, the land itself was valued at $90,000. While improvements to the property were assessed at a total of $60,700. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. 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!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1965
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Unknown
  • Exterior Walls Type: Alum/Vinyl siding
  • 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: Open porch

    Dimensions

  • Lot Size Square Feet: 7,632
  • Total Building Area: 729
  • Gross Building Area: 729
  • Building Area: 729
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 729
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: C N BROWN PLACE
  • Land Acres: 0.175
  • Standard Land Use Code: Single family residential
  • Legal Description 1: P15 B1 M3-27

Ownership

  • Current Owner : CONTEXT AT OAKHURST CHARLOTTE LP
  • Previous Owner : SEAHAWK PARTNER HOLDINGS LLC
  • Owner Before Previous Owner: SAMSON PROPERTIES LLC
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Charlotte-Mecklenburg Schools
  • School Tax School District: CHARLOTTE
  • Census Tract: 001802

Zoning

  • Zoning: UR-2(CD)

Geography

  • Assessors Map Reference: 159-06
  • District: 1
  • Parcel: 159-061-30
  • Block: 1
  • Lot: 30
  • Municipality: CHARLOTTE
  • Latitude: 35.1956
  • Longitude: -80.785

    Address

  • Full Address: 4404 Commonwealth Ave
  • Address - House Number: 4404
  • Address - Street Name: Commonwealth
  • Address - Suffix Type: Ave
  • State: NC
  • City Name: Charlotte
  • Carrier Code: C011
  • 4-Digit Zip Code: 7220
  • Zip Code: 28205

Valuation

    Tax

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

    Appraisal Valuation

  • Standard Deviation: 0.1875
  • Valuation Date: Jan 18, 2023
  • Confidence Score: 75
  • Final Value: 290,998
  • High Value: 345,579
  • Low Value: 236,417

    Market Valuation

  • Market Total Value: $150,700
  • Market Land Value: $90,000
  • Market Improvement Value: $60,700

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $150,700
  • Assessed Land Value: $90,000
  • Assessed Improvements Value: $60,700

    Sales

  • Current Sale Contract Date: Apr 22, 2021
  • Current Sale Recording Date: Apr 22, 2021
  • Current Sale Transaction ID: 11840430134
  • Current Sale Price: $6,250,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 2021080014
  • Previous Sale Recording Date: Jun 12, 2019
  • Previous Sale Contract Date: Jun 11, 2019
  • Previous Sale Amount: $530,000
  • Previous Sale Document Type: Special Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: FARMERS & MERCHANTS BANK
  • Previous Mortgage Transaction Date: Jun 12, 2019
  • Previous Mortgage Loan Amount: $375,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Echo Hills



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Frequently Asked Questions

What neighborhood is 4404 Commonwealth Avenue located in?
The 4404 Commonwealth Avenue is a located in the neighborhood of Echo Hills in Echo Hills, Charlotte.
What is the average sales price for listings in 4404 Commonwealth Avenue?
The average sales price for units in 4404 Commonwealth Avenue is $0 currently.

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