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500 Hermitage Road

500 Hermitage Road, Charlotte, NC 28207
House in Myers Park
Sold Aug 05, 2021
$3,250,000
$325,000 by Cogent Bank
Mortgage Due Aug 03, 2041
Local assessors in Charlotte, NC have categorized 500 Hermitage Road as a residential type of property. The home was built in 1915 and is 109 years old. It was most recently renovated and altered in 1970. The property's lot size has been calculated to be 33,106 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 12 rooms in the home. Of these, 6 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 are 6 full bathrooms. There are also 6 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 500 Hermitage Road has a total of 6,827 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a unknown that is 750 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. 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 - A. The building has a gable style roof that was made of wood shake/ shingles. Lots of wood 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. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 500 Hermitage Road sold most recently in Aug 2, 2021 for a total of $3,250,000. If you work out the math, that's approximately a cost of $476.05 per sqft. 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 $23,078 in taxes each year. 500 Hermitage Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $3,223,000. If we break it down further, the land itself was valued at $1,696,300. Improvements to the property, however, were assessed at a total of $1,526,700. 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.

Building Features

Exterior

Brick Exterior / Wood Exterior
Stucco Exterior
Wood Exterior

Driveway

Driveway
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1915
  • Effective Year Built: 1970
  • Building Count: 2
  • Total Rooms: 12
  • Bedroom Count: 6
  • Bathroom Count: 6
  • Full Bathrooms: 6
  • Partial Bathrooms: 6
  • Building Condition: Average
  • Building Quality: A
  • Building Style: Unknown
  • Exterior Walls Type: Wood
  • Roof Shape Type: Gable
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 750
  • Parking Space Count: 0
  • Patio Type: Patio
  • Porch Type: Porch
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 33,106
  • Total Building Area: 6,827
  • Gross Building Area: 6,827
  • Building Area: 6,827
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 6,827
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MYERS PARK
  • Land Acres: 0.76
  • Standard Land Use Code: Single family residential
  • Legal Description 1: P1 B6 M230-127

Ownership

  • Current Owner : SWEET ANDREW
  • Current Owner 2: SWEET AMELIA
  • Previous Owner : NORRIS KAY ALLISON
  • Previous Owner 2: NORRIS ROBERT B
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Charlotte-Mecklenburg Schools
  • Census Tract: 002701

Zoning

  • Zoning: R3

Geography

  • Assessors Map Reference: 155-05
  • Parcel: 155-053-09
  • Block: 6
  • Lot: 9
  • Municipality: CHARLOTTE
  • Latitude: 35.2008
  • Longitude: -80.8269

    Address

  • Full Address: 500 Hermitage Rd
  • Address - House Number: 500
  • Address - Street Name: Hermitage
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Charlotte
  • Carrier Code: C054
  • 4-Digit Zip Code: 1844
  • Zip Code: 28207

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $23,078
  • Tax Rate Code Area: CITY OF CH

    Appraisal Valuation

  • Standard Deviation: 0.1683
  • Valuation Date: Apr 26, 2023
  • Confidence Score: 78
  • Final Value: 2,033,630
  • High Value: 2,375,999
  • Low Value: 1,691,262

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $325,000
  • First Open Lien Mortgage Lender: COGENT BANK
  • First Open Lien Mortgage Recording Date: Aug 05, 2021
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $325,000
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Aug 03, 2041

    Market Valuation

  • Market Total Value: $3,223,000
  • Market Land Value: $1,696,300
  • Market Improvement Value: $1,526,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,223,000
  • Assessed Land Value: $1,696,300
  • Assessed Improvements Value: $1,526,700

    Sales

  • Current Sale Contract Date: Aug 02, 2021
  • Current Sale Recording Date: Aug 05, 2021
  • Current Sale Transaction ID: 11854006942
  • Current Sale Price: $3,250,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021151061

    Last Sale Mortgage

  • First Mortgage Lender: COGENT BANK
  • First Mortgage Transaction Date: Aug 05, 2021
  • First Mortgage Loan Amount: $325,000
  • First Mortgage Terms: 240
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Aug 03, 2041

    Financing

  • First Mortgage Financing Type: Variable

About Myers Park



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Nearby Rentals

Unit for rent at

$2,450 /mo

  • 1 Bed
  • 1 Bath
  • 1,618 ft²
Listing by Brett Furniss
Unit for rent at

$2,300 /mo

  • 1 Bed
  • 1 Bath
Listing by Irina Lolla
Unit for rent at

$2,400 /mo

  • 1 Bed
  • 1 Bath
  • 864 ft²
Listing by Melanie Wenner
Unit for rent at

$2,250 /mo

  • 3 Beds
  • 2 Baths
  • 1,398 ft²
Listing by Bruce Juengst
Unit for rent at

$2,500 /mo

  • 3 Beds
  • 1.5 Baths
  • 1,344 ft²
Listing by Jamie Werkman
Unit for rent at

$2,400 /mo

  • 3 Beds
  • 2 Baths
  • 1,610 ft²
Listing by Kelsey Caldwell
Unit for rent at

$2,600 /mo

  • 2 Beds
  • 2 Baths
  • 1,270 ft²
Listing by Manager

Frequently Asked Questions

What neighborhood is 500 Hermitage Road located in?
The 500 Hermitage Road is a house located in the neighborhood of Myers Park in Myers Park, Charlotte.
What is the average sales price for listings in 500 Hermitage Road?
The average sales price for units in 500 Hermitage Road is $3,999,000 , or $763/sqft. currently.

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