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4918 Downing Creek Drive

4918 Downing Creek Drive, Charlotte, NC 28269
Sold Jul 02, 2018
$425,000
$375,000 by Townebank
Mortgage Due Jul 01, 2048
Sold Nov 08, 2006
$507,500
4918 Downing Creek Drive 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 1990 and is 34 years old. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 4918 Downing Creek Drive has 5,277 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 2,089 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 13,939 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 480 sqft. Residents will have the luxury of enjoying a open porch. 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 B by the local assessor. The building has a hip style roof made of wood. The exterior walls of the building are made of stucco. 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. 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, 4918 Downing Creek Drive sold most recently in Jun 14, 2018 for a total of $425,000. If you work out the math, that's approximately a cost of $80.54 per sqft. Before that, the property was also sold for $507,500 in Nov 8, 2006. 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 $4,081 in taxes each year. 4918 Downing Creek Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $635,300. If we break it down further, the land itself was valued at $112,500. Improvements to the property, however, were assessed at a total of $522,800. The property's total market value has been marked the same as the total assessed value which is pretty typical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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: 1990
  • Effective Year Built: 1990
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: B
  • Building Style: Unknown
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Hip
  • Roof Cover Type: Wood
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 2,089
  • Garage Type: Garage
  • Garage Square Area: 480
  • Parking Space Count: 0
  • Porch Type: Open porch
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 13,939
  • Total Building Area: 5,277
  • Gross Building Area: 5,277
  • Building Area: 5,277
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 5,277
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: DOWNING CRK/DAVIS LAKE MAP 01
  • Land Acres: 0.32
  • Standard Land Use Code: Single family residential
  • Legal Description 1: L47 B1 M23-713

Ownership

  • Current Owner : HORACE JAMES STEWART
  • Previous Owner : GLOCK JAMES W
  • Owner Before Previous Owner: CASSIDY BUILDERS INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Charlotte-Mecklenburg Schools
  • School Tax School District: CHARLOTTE
  • Census Tract: 005508

Zoning

  • Zoning: R-9PUD

Geography

  • Assessors Map Reference: 027-42
  • District: 1
  • Parcel: 027-423-47
  • Block: 1
  • Lot: 47
  • Municipality: CHARLOTTE
  • Latitude: 35.3409
  • Longitude: -80.813

    Address

  • Full Address: 4918 Downing Creek Dr
  • Address - House Number: 4918
  • Address - Street Name: Downing Creek
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Charlotte
  • Carrier Code: R103
  • 4-Digit Zip Code: 0310
  • Zip Code: 28269

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,081
  • Tax Rate Code Area: CITY OF CH

    Appraisal Valuation

  • Standard Deviation: 0.1656
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 79
  • Final Value: 645,830
  • High Value: 752,791
  • Low Value: 538,869

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $375,000
  • First Open Lien Mortgage Lender: TOWNEBANK
  • First Open Lien Mortgage Recording Date: Jul 02, 2018
  • First Open Lien Mortgage Loan Amount: $375,000
  • 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: Jul 01, 2048

    Market Valuation

  • Market Total Value: $635,300
  • Market Land Value: $112,500
  • Market Improvement Value: $522,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $635,300
  • Assessed Land Value: $112,500
  • Assessed Improvements Value: $522,800

    Sales

  • Current Sale Contract Date: Jun 14, 2018
  • Current Sale Recording Date: Jul 02, 2018
  • Current Sale Transaction ID: 11480027499
  • Current Sale Price: $425,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2018082992
  • Previous Sale Recording Date: Nov 08, 2006
  • Previous Sale Contract Date: Nov 08, 2006
  • Previous Sale Amount: $507,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: TOWNEBANK
  • First Mortgage Transaction Date: Jul 02, 2018
  • First Mortgage Loan Amount: $375,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2048

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Frequently Asked Questions

What neighborhood is 4918 Downing Creek Drive located in?
The 4918 Downing Creek Drive is a house located in the neighborhood of Davis Lake - Eastfield in Davis Lake - Eastfield, Charlotte.
What is the average sales price for listings in 4918 Downing Creek Drive?
The average sales price for units in 4918 Downing Creek Drive is $0 currently.

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