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5016 Peco Road

5016 Peco Road, Charlotte, NC 28277
Sold Jul 31, 2019
$375,000
$336,000 by Firstbank
Mortgage Due Sep 01, 2051
Sold Mar 22, 2006
$300,000
$239,992 by Ctx Mortgage Company Llc
Mortgage Due Apr 01, 2036
5016 Peco Road in Charlotte, NC was first built in 2005 and is 19 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, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 5016 Peco Road has 3,193 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 7,144 square feet.

Learn more about the property and building on this page. There is a open porch and a patio. 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. The property was last sold in Jul 29, 2019 for $375,000. That's $117.44 per sqft. Prior to that sales transaction, the property was also sold in Mar 21, 2006 for $300,000. 5016 Peco Road was last assessed in 2023. The total value of the property was assessed at $604,400. Specifically, the land the property is located on was valued at $125,000. While improvements on the property were assessed at a total of $479,400. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $3,636. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Brick Venner Exterior
Vinyl Siding

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Unknown
  • Exterior Walls Type: Alum/Vinyl siding
  • 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: 7,144
  • Total Building Area: 3,193
  • Gross Building Area: 3,193
  • Building Area: 3,193
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 3,193
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: STONE CRK RANCH
  • Land Acres: 0.164
  • Standard Land Use Code: Single family residential
  • Legal Description 1: L374 M43-921

Ownership

  • Current Owner : SRINIVASAMURTHY VIJAYA KUMAR
  • Current Owner 2: PANCHAGNULA RAGHA PAMYA
  • Previous Owner : BOYLES DALE W
  • Previous Owner 2: BOYLES ASHLEY B
  • Owner Before Previous Owner: CENTEX HOMES
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Charlotte-Mecklenburg Schools
  • School Tax School District: CHARLOTTE
  • Census Tract: 005845

Zoning

  • Zoning: MX-1(INNOV

Geography

  • Assessors Map Reference: 229-15
  • District: 1
  • Parcel: 229-157-54
  • Block: 7
  • Lot: 374
  • Municipality: CHARLOTTE
  • Latitude: 35.0583
  • Longitude: -80.7884

    Address

  • Full Address: 5016 Peco Rd
  • Address - House Number: 5016
  • Address - Street Name: Peco
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Charlotte
  • Carrier Code: R200
  • 4-Digit Zip Code: 3468
  • Zip Code: 28277

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,636
  • Tax Rate Code Area: CITY OF CH

    Appraisal Valuation

  • Standard Deviation: 0.1584
  • Valuation Date: Apr 26, 2023
  • Confidence Score: 80
  • Final Value: 571,611
  • High Value: 662,189
  • Low Value: 481,033

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $336,000
  • First Open Lien Mortgage Lender: FIRSTBANK
  • First Open Lien Mortgage Recording Date: Aug 27, 2021
  • First Open Lien Mortgage Loan Amount: $336,000
  • 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: Sep 01, 2051

    Market Valuation

  • Market Total Value: $604,400
  • Market Land Value: $125,000
  • Market Improvement Value: $479,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $604,400
  • Assessed Land Value: $125,000
  • Assessed Improvements Value: $479,400

    Sales

  • Current Sale Contract Date: Jul 29, 2019
  • Current Sale Recording Date: Jul 31, 2019
  • Current Sale Transaction ID: 11634340436
  • Current Sale Price: $375,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2019098290
  • Previous Sale Recording Date: Mar 22, 2006
  • Previous Sale Contract Date: Mar 21, 2006
  • Previous Sale Amount: $300,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CARDINAL FINANCIAL COMPANY LP
  • First Mortgage Transaction Date: Jul 31, 2019
  • First Mortgage Loan Amount: $337,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: CTX MORTGAGE COMPANY LLC
  • Previous Mortgage Transaction Date: Mar 22, 2006
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $239,992
  • 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: Apr 01, 2036

About Providence Crossing



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Frequently Asked Questions

What neighborhood is 5016 Peco Road located in?
The 5016 Peco Road is a house located in the neighborhood of Providence Crossing in Providence Crossing, Charlotte.
What is the average sales price for listings in 5016 Peco Road?
The average sales price for units in 5016 Peco Road is $0 currently.

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