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5014 Providence Road

5014 Providence Road, Charlotte, NC 28226
Sold Sep 22, 2020
$375,000
$356,250 by First Federal Bank
Mortgage Due Oct 01, 2050
Sold Mar 11, 2014
Transfer
$280,976 by Ameritrust Mortgage Inc
Mortgage Due Apr 01, 2044
5014 Providence Road 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 1972 and is 52 years old. However, we must point out that the home was most recently renovated and altered in 1980. The home has a total of 4 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, 5014 Providence Road has 2,488 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 24,829 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 a porch. 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 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 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, 5014 Providence Road sold most recently in Sep 21, 2020 for a total of $375,000. If you work out the math, that's approximately a cost of $150.72 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 $3,005 in taxes each year. 5014 Providence Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $527,000. If we break it down further, the land itself was valued at $156,000. Improvements to the property, however, were assessed at a total of $371,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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
Wood Exterior

Driveway

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

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1980
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: B
  • 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
  • Parking Space Count: 0
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 24,829
  • Total Building Area: 2,488
  • Gross Building Area: 2,488
  • Building Area: 2,488
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,488
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: OLD SALEM
  • Land Acres: 0.57
  • Standard Land Use Code: Single family residential
  • Legal Description 1: L2 B1 M14-311

Ownership

  • Current Owner : SANCHEZ ERICK
  • Current Owner 2: SANCHEZ GABRIELA M
  • Previous Owner : SELLERS WILLIAM T
  • Previous Owner 2: SELLERS SYLVIA DIANN
  • Owner Before Previous Owner: SELLERS WILLIAM THOMAS
  • Owner Before Previous Owner 2: SELLERS DIANN W
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Charlotte-Mecklenburg Schools
  • School Tax School District: CHARLOTTE
  • Census Tract: 002908

Zoning

  • Zoning: R-3

Geography

  • Assessors Map Reference: 187-12
  • District: 1
  • Parcel: 187-123-20
  • Block: 1
  • Lot: 2
  • Municipality: CHARLOTTE
  • Latitude: 35.1459
  • Longitude: -80.7895

    Address

  • Full Address: 5014 Providence Rd
  • Address - House Number: 5014
  • Address - Street Name: Providence
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Charlotte
  • Carrier Code: C055
  • 4-Digit Zip Code: 5850
  • Zip Code: 28226

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,005
  • Tax Rate Code Area: CITY OF CH

    Appraisal Valuation

  • Standard Deviation: 0.1796
  • Valuation Date: May 10, 2023
  • Confidence Score: 76
  • Final Value: 603,301
  • High Value: 711,660
  • Low Value: 494,942

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $356,250
  • First Open Lien Mortgage Lender: FIRST FEDERAL BANK
  • First Open Lien Mortgage Recording Date: Sep 22, 2020
  • First Open Lien Mortgage Loan Amount: $356,250
  • 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: Oct 01, 2050

    Market Valuation

  • Market Total Value: $527,000
  • Market Land Value: $156,000
  • Market Improvement Value: $371,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $527,000
  • Assessed Land Value: $156,000
  • Assessed Improvements Value: $371,000

    Sales

  • Current Sale Contract Date: Sep 21, 2020
  • Current Sale Recording Date: Sep 22, 2020
  • Current Sale Transaction ID: 11798179504
  • Current Sale Price: $375,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020153385
  • Previous Sale Recording Date: Mar 11, 2014
  • Previous Sale Contract Date: Mar 06, 2014
  • Previous Sale Document Type: Intrafamily Transfer & Dissolution

    Last Sale Mortgage

  • First Mortgage Lender: FIRST FEDERAL BANK
  • First Mortgage Transaction Date: Sep 22, 2020
  • First Mortgage Loan Amount: $356,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: AMERITRUST MORTGAGE INC
  • Previous Mortgage Transaction Date: Mar 11, 2014
  • Previous Mortgage Loan Amount: $280,976
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Apr 01, 2044

About Olde Providence North



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Frequently Asked Questions

What neighborhood is 5014 Providence Road located in?
The 5014 Providence Road is a house located in the neighborhood of Olde Providence North in Olde Providence North, Charlotte.
What is the average sales price for listings in 5014 Providence Road?
The average sales price for units in 5014 Providence Road is $385,000 , or $156/sqft. currently.

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