Check Availability

5026 Craigwood Drive

5026 Craigwood Drive, Charlotte, NC 28212
Sold Jun 03, 2021
$295,000
$280,250 by T2 Financial Llc
Mortgage Due Jul 01, 2051
Sold May 24, 2016
$200,000
$180,000 by Movement Mortgage
Mortgage Due Jun 01, 2046
5026 Craigwood 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 1977 and is 47 years old. However, we must point out that the home was most recently renovated and altered in 1980. The home has a total of 7 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. In addition, 5026 Craigwood Drive has 2,214 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 19,602 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a split level 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 700 sqft. Residents will have the luxury of enjoying a patio. 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 C by the local assessor. The building has a gable style roof made of asphalt. The exterior walls of the building are made of brick. 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 5026 Craigwood Drive was last sold in Jun 2, 2021 for $295,000. According to our calculations, that's $133.24 per sqft. Prior to that sales transaction, the property was sold for $200,000 in May 23, 2016. Current property owners are expected to pay $2,050 in taxes per year. The property on 5026 Craigwood Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $292,100. To break that down further, the land itself was valued at $75,000. While improvements to the property were assessed at a total of $217,100. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1980
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Split level
  • Exterior Walls Type: Brick
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 700
  • Parking Space Count: 0
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 19,602
  • Total Building Area: 2,214
  • Gross Building Area: 2,214
  • Building Area: 2,214
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,214
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: COATBRIDGE PH 1
  • Land Acres: 0.45
  • Standard Land Use Code: Single family residential
  • Legal Description 1: L12 B1 M18-103

Ownership

  • Current Owner : TAMANG PEMA
  • Current Owner 2: TAMANG DAWA TSHERING
  • Previous Owner : MAGAR AAVASH R
  • Previous Owner 2: MAGAR CHHABI L
  • Owner Before Previous Owner: EDWARDS WILLIAM R
  • Owner Before Previous Owner 2: EDWARDS CAROL T
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Charlotte-Mecklenburg Schools
  • School Tax School District: CHARLOTTE
  • Census Tract: 001609

Zoning

  • Zoning: MX-1

Geography

  • Assessors Map Reference: 103-15
  • District: 1
  • Parcel: 103-152-01
  • Block: 1
  • Lot: 12
  • Municipality: CHARLOTTE
  • Latitude: 35.2201
  • Longitude: -80.7405

    Address

  • Full Address: 5026 Craigwood Dr
  • Address - House Number: 5026
  • Address - Street Name: Craigwood
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Charlotte
  • Carrier Code: C002
  • 4-Digit Zip Code: 2220
  • Zip Code: 28212

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,050
  • Tax Rate Code Area: CITY OF CH

    Appraisal Valuation

  • Standard Deviation: 0.19
  • Valuation Date: Apr 26, 2023
  • Confidence Score: 74
  • Final Value: 390,541
  • High Value: 464,744
  • Low Value: 316,337

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $280,250
  • First Open Lien Mortgage Lender: T2 FINANCIAL LLC
  • First Open Lien Mortgage Recording Date: Jun 03, 2021
  • First Open Lien Mortgage Loan Amount: $280,250
  • 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: Jul 01, 2051

    Market Valuation

  • Market Total Value: $292,100
  • Market Land Value: $75,000
  • Market Improvement Value: $217,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $292,100
  • Assessed Land Value: $75,000
  • Assessed Improvements Value: $217,100

    Sales

  • Current Sale Contract Date: Jun 02, 2021
  • Current Sale Recording Date: Jun 03, 2021
  • Current Sale Transaction ID: 11842405870
  • Current Sale Price: $295,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021109609
  • Previous Sale Recording Date: May 24, 2016
  • Previous Sale Contract Date: May 23, 2016
  • Previous Sale Amount: $200,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: T2 FINANCIAL LLC
  • First Mortgage Transaction Date: Jun 03, 2021
  • First Mortgage Loan Amount: $280,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: MOVEMENT MORTGAGE
  • Previous Mortgage Transaction Date: May 24, 2016
  • Previous Mortgage Loan Amount: $180,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jun 01, 2046

About Eastland - Wilora Lake



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 4809 Bethany Place, Charlotte, NC, 28212

$1,900 /mo

  • 3 Beds
  • 1 Bath
  • 1,103 ft²
4809 Bethany Place, Charlotte, NC, 28212 Listing by Teresa Harris
Unit for rent at 3435 Sudbury Road, Charlotte, NC, 28205

$1,695 /mo

  • 3 Beds
  • 1.5 Baths
  • 1,400 ft²
3435 Sudbury Road, Charlotte, NC, 28205 Listing by Aric Beals
Unit for rent at 4509 Gaynelle Drive, Charlotte, NC, 28215

$1,950 /mo

  • 4 Beds
  • 2 Baths
4509 Gaynelle Drive, Charlotte, NC, 28215 Listing by Kamal Dawra
Unit for rent at 3138 Driftwood Drive, Charlotte, NC, 28205

$1,800 /mo

  • 2 Beds
  • 2.5 Baths
  • 1,038 ft²
3138 Driftwood Drive #A, Charlotte, NC, 28205 Listing by Megan Verdi
Unit for rent at 4820 Charleston Drive, Charlotte, NC, 28212

$1,750 /mo

  • 3 Beds
  • 1 Bath
  • 1,000 ft²
4820 Charleston Drive, Charlotte, NC, 28212 Listing by Dottie Ciarrocchi
Unit for rent at 5867 Harris Grove Lane, Charlotte, NC, 28212

$1,725 /mo

  • 2 Beds
  • 2 Baths
5867 Harris Grove Lane, Charlotte, NC, 28212 Listing by Nancy Braun

Frequently Asked Questions

What neighborhood is 5026 Craigwood Drive located in?
The 5026 Craigwood Drive is a located in the neighborhood of Eastland - Wilora Lake in Eastland - Wilora Lake, Charlotte.
What is the average sales price for listings in 5026 Craigwood Drive?
The average sales price for units in 5026 Craigwood Drive is $0 currently.

Quantcast