See Home Value
$563,233*
House - Off Market

5031 Furman Place

Charlotte, NC 28210
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1376 Sqft
$396,000 - $484,000
Reference Base Price*
28.01%
Since Jul 1, 2021
NC-Charlotte
Primary Model
Sold Jun 25, 2021
$500,000
$350,000 by Truist Bank
Mortgage Due Jul 01, 2051
Sold Mar 01, 2018
$365,000
$346,750 by American Security Mortgage
Mortgage Due Apr 01, 2048

About This Property

Welcome to Madison Park! Cute ranch-style home located minutes from South End, South Park and Park Road. Home boasts new upgrades including HVAC (2020), Trex deck (2020), and newly paved driveway. Additional storage added in the kitchen! 4th bedroom can be used as an office/flex space. Spacious yard with shed. Refrigerator, washer and dryer will convey with the home. Hot tub does not convey. Photos, measurements and 3D model will be avaliable on 5/25/2021. **MULTIPLE OFFERS - Please submit your highest and best offer by 12PM on 5/28/2021. Thank you!**

The manager has listed the unit size as 1376 square feet.
Unit Size
1,376Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$320
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1956

Price History

Date / Event Date Event Price
Jun 25, 2021 Sold to David Bernard Ratner, Mary ... $500,000
Sold to David Bernard Ratner, Mary ...
Jun 2, 2021 No longer available -
No longer available
May 26, 2021 Listed $440,000
Listed

Property Highlights

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1975
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Unknown
  • Exterior Walls Type: Brick
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Carport
  • Parking Space Count: 0
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 9,148
  • Total Building Area: 1,290
  • Gross Building Area: 1,290
  • Building Area: 1,290
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,290
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BALLANTYNE GOLF & CC PH 01
  • Land Acres: 0.21
  • Standard Land Use Code: Single family residential
  • Legal Description 1: L16 B4 M7-147

Ownership

  • Current Owner : DESPARD MARY ALLISON
  • Current Owner 2: RATNER DAVID BERNARD
  • Previous Owner : MOLLOY PATRICK M
  • Previous Owner 2: SHOCKLEY ALLISON L
  • Owner Before Previous Owner: MEARS CASEY
  • Owner Before Previous Owner 2: MEARS TRISHA
  • Ownership Rights Codes: Family Revocable Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Charlotte-Mecklenburg Schools
  • School Tax School District: CHARLOTTE
  • Census Tract: 003110

Zoning

  • Zoning: R-4

Geography

  • Assessors Map Reference: 171-06
  • District: 1
  • Parcel: 171-061-04
  • Block: 4
  • Lot: 16
  • Municipality: CHARLOTTE
  • Latitude: 35.1709
  • Longitude: -80.8714

    Address

  • Full Address: 5031 Furman Pl
  • Address - House Number: 5031
  • Address - Street Name: Furman
  • Address - Suffix Type: Pl
  • State: NC
  • City Name: Charlotte
  • Carrier Code: C052
  • 4-Digit Zip Code: 2305
  • Zip Code: 28210

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,295
  • Tax Rate Code Area: CITY OF CH

    Appraisal Valuation

  • Standard Deviation: 0.1784
  • Valuation Date: Apr 26, 2023
  • Confidence Score: 76
  • Final Value: 568,887
  • High Value: 670,417
  • Low Value: 467,357

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $350,000
  • First Open Lien Mortgage Lender: TRUIST BANK
  • First Open Lien Mortgage Recording Date: Jun 25, 2021
  • First Open Lien Mortgage Loan Amount: $350,000
  • 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, 2051

    Market Valuation

  • Market Total Value: $531,200
  • Market Land Value: $275,000
  • Market Improvement Value: $256,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $531,200
  • Assessed Land Value: $275,000
  • Assessed Improvements Value: $256,200

    Sales

  • Current Sale Contract Date: Jun 20, 2021
  • Current Sale Recording Date: Jun 25, 2021
  • Current Sale Transaction ID: 11843201978
  • Current Sale Price: $500,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021124535
  • Previous Sale Recording Date: Mar 01, 2018
  • Previous Sale Contract Date: Mar 01, 2018
  • Previous Sale Amount: $365,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: TRUIST BANK
  • First Mortgage Transaction Date: Jun 25, 2021
  • First Mortgage Loan Amount: $350,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: AMERICAN SECURITY MORTGAGE
  • Previous Mortgage Transaction Date: Mar 01, 2018
  • Previous Mortgage Loan Amount: $346,750
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Apr 01, 2048



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
1,507 ft²
$318/ft²
$479,900 Jun 13, 2023
-
-
House
3 Beds
1 Bath
1,151 ft²
$374/ft²
$430,000 Jun 10, 2023
-
-
Townhouse
3 Beds
2.5 Baths
1,592 ft²
$276/ft²
$439,500 Jun 15, 2023
-
$148/mo
Townhouse
3 Beds
3.5 Baths
1,570 ft²
$280/ft²
$439,990 Jun 7, 2023
-
$150/mo
Townhouse
3 Beds
3.5 Baths
1,570 ft²
$273/ft²
$427,980 Jun 12, 2023
-
$150/mo
Townhouse
3 Beds
3.5 Baths
1,570 ft²
$269/ft²
$422,115 Mar 27, 2023
-
$150/mo
Townhouse
3 Beds
3.5 Baths
1,570 ft²
$298/ft²
$467,830 Mar 6, 2023
-
$123/mo
Townhouse
3 Beds
3.5 Baths
1,580 ft²
$298/ft²
$470,990 May 5, 2023
-
$150/mo
Townhouse
2 Beds
2.5 Baths
1,326 ft²
$328/ft²
$435,125 Apr 4, 2023
-
$150/mo
Townhouse
2 Beds
2.5 Baths
1,326 ft²
$271/ft²
$359,990 Jun 12, 2023
-
$225/mo
Townhouse
2 Beds
2.5 Baths
1,326 ft²
$315/ft²
$417,550 May 5, 2023
-
$150/mo
Townhouse
2 Beds
2.5 Baths
1,326 ft²
$313/ft²
$414,990 May 25, 2023
-
$150/mo

About Madison Park


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Frequently Asked Questions

When was property at 5031 Furman Place built and last sold?
The property at 5031 Furman Place was built in 1956 and last sold on Jun 20, 2021 for $500,000.
How much is this home worth?
The estimated value of the home located at 5031 Furman Place is $451,150.
What are some comparable homes to 5031 Furman Place?
There are currently no comparable homes to 5031 Furman Place.

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