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4705 Morrowood Lane

4705 Morrowood Lane, Charlotte, NC 28216
Property in Mountain Island
Sold Jul 31, 2017
$195,000
$191,468 by Fairway Independent Mortgage C
Mortgage Due Aug 01, 2047
Sold Dec 29, 2005
$162,000
$117,750 by Lenders Rate Approval.com
Mortgage Due Jan 01, 2036
4705 Morrowood Lane in Charlotte, NC was first built in 1999 and is 25 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, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 4705 Morrowood Lane has 2,107 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 16,945 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 420 sqft. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of alum/vinyl siding. 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, 4705 Morrowood Lane sold most recently in Jul 17, 2017 for a total of $195,000. If you work out the math, that's approximately a cost of $92.55 per sqft. Before that, the property was also sold for $162,000 in Dec 27, 2005. 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 $1,991 in taxes each year. 4705 Morrowood Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $340,700. If we break it down further, the land itself was valued at $70,000. Improvements to the property, however, were assessed at a total of $270,700. 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: 1999
  • Effective Year Built: 1999
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 420
  • Parking Space Count: 0
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 16,945
  • Total Building Area: 2,107
  • Gross Building Area: 2,107
  • Building Area: 2,107
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,107
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CHASTAIN WALK MAP 01
  • Land Acres: 0.389
  • Standard Land Use Code: Single family residential
  • Legal Description 1: L86 M30-685

Ownership

  • Current Owner : COOK ADONTE L
  • Current Owner 2: COOK ASSUNTA K
  • Previous Owner : MINES IV JULIAN L
  • Previous Owner 2: MINES DEENA NOCELLA
  • Owner Before Previous Owner: LINDEN STREET PROPERTIES LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Charlotte-Mecklenburg Schools
  • School Tax School District: CHARLOTTE
  • Census Tract: 006103

Zoning

  • Zoning: R-4

Geography

  • Assessors Map Reference: 033-04
  • District: 1
  • Parcel: 033-043-38
  • Block: 3
  • Lot: 86
  • Municipality: CHARLOTTE
  • Latitude: 35.3344
  • Longitude: -80.9346

    Address

  • Full Address: 4705 Morrowood Ln
  • Address - House Number: 4705
  • Address - Street Name: Morrowood
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Charlotte
  • Carrier Code: R090
  • 4-Digit Zip Code: 5618
  • Zip Code: 28216

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,991
  • Tax Rate Code Area: CITY OF CH

    Appraisal Valuation

  • Standard Deviation: 0.19
  • Valuation Date: Apr 26, 2023
  • Confidence Score: 74
  • Final Value: 382,724
  • High Value: 455,479
  • Low Value: 309,969

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $200,075
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Open Lien Mortgage Recording Date: Jul 31, 2017
  • First Open Lien Mortgage Loan Amount: $191,468
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2047
  • Second Open Lien Mortgage Lender: SECRETARY OF HOUSING AND URBAN
  • Second Open Lien Mortgage Recording Date: Mar 15, 2022
  • Second Open Lien Mortgage Loan Amount: $8,607
  • Second Open Lien Mortgage Term: 304
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Aug 01, 2047

    Market Valuation

  • Market Total Value: $340,700
  • Market Land Value: $70,000
  • Market Improvement Value: $270,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $340,700
  • Assessed Land Value: $70,000
  • Assessed Improvements Value: $270,700

    Sales

  • Current Sale Contract Date: Jul 17, 2017
  • Current Sale Recording Date: Jul 31, 2017
  • Current Sale Transaction ID: 1731859254
  • Current Sale Price: $195,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2017102801
  • Previous Sale Recording Date: Dec 29, 2005
  • Previous Sale Contract Date: Dec 27, 2005
  • Previous Sale Amount: $162,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Mortgage Transaction Date: Jul 31, 2017
  • First Mortgage Loan Amount: $191,468
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Aug 01, 2047

    Previous Mortgages

  • Previous Mortgage Lender: LENDERS RATE APPROVAL.COM
  • Previous Mortgage Transaction Date: Dec 29, 2005
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $117,750
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • Previous Mortgage Loan Due Date: Jan 01, 2036

About Mountain Island



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Frequently Asked Questions

What neighborhood is 4705 Morrowood Lane located in?
The 4705 Morrowood Lane is a located in the neighborhood of Mountain Island in Mountain Island, Charlotte.
What is the average sales price for listings in 4705 Morrowood Lane?
The average sales price for units in 4705 Morrowood Lane is $0 currently.

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