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5031 Randolph Road

5031 Randolph Road, Charlotte, NC 28211
Multifamily in Sherwood Forest
Local assessors in Charlotte, NC have categorized 5031 Randolph Road as a residential type of property. The home was built in 1966 and is 58 years old. The property's lot size has been calculated to be 8,712 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 0 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 2 full bathrooms. There are also 3 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 5031 Randolph Road has a total of 2,341 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

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 unknown and a unknown so you'll have great options in both the front and back of the home. 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 - C. The building has a gable style roof that was made of asphalt. Lots of brick 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 and it is being fueled with gas. 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, 5031 Randolph Road was last sold in Jul 22, 2022 for $650,000. According to our calculations, that's $277.66 per sqft. Prior to that sales transaction, the property was sold for $427,500 in May 12, 2020. Current property owners are expected to pay $3,779 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2022. The property on 5031 Randolph Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $604,700. To break that down further, the land itself was valued at $488,800. While improvements to the property were assessed at a total of $115,900. 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.

Building Features

Exterior

Brick Exterior / Wood Exterior
Wood Exterior

Driveway

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

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20200312
03/12/2020
6 Bed
3 Bath
2374 ft²
$475,000
bedrooms
6 Bed
bathrooms
3 Bath
square feet
2374 ft²
-
-
-
-

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • Building Count: 1
  • Bedroom Count: 6
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Unknown
  • Exterior Walls Type: Brick
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,712
  • Total Building Area: 2,341
  • Gross Building Area: 2,341
  • Building Area: 2,341
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,341
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: THOMAS O SQUIRES & MARY L SQUI
  • Land Acres: 0.2
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LA M71-903

Ownership

  • Current Owner : ALAN SIMONINI HOMES LLC
  • Previous Owner : DOUGLAS TREVALLION II
  • Previous Owner 2: DOUGLAS MARTHA L
  • Owner Before Previous Owner: BERRY JESSE WADE
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Charlotte-Mecklenburg Schools
  • School Tax School District: CHARLOTTE
  • Census Tract: 002006

Zoning

  • Zoning: R-3

Geography

  • Assessors Map Reference: 185-06
  • District: 1
  • Parcel: 185-061-45
  • Block: 1
  • Lot: A
  • Municipality: CHARLOTTE
  • Latitude: 35.167
  • Longitude: -80.7944

    Address

  • Full Address: 5031 Randolph Rd
  • Address - House Number: 5031
  • Address - Street Name: Randolph
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Charlotte
  • Carrier Code: C046
  • 4-Digit Zip Code: 4004
  • Zip Code: 28211

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,779
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: CITY OF CH

    Appraisal Valuation

  • Standard Deviation: 0.0784
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 94
  • Final Value: 1,550,352
  • High Value: 1,672,025
  • Low Value: 1,428,678

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $5,000,000
  • First Open Lien Mortgage Lender: PINNACLE BANK
  • First Open Lien Mortgage Recording Date: Jul 26, 2022
  • First Open Lien Mortgage Loan Amount: $5,000,000
  • 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 26, 2052

    Market Valuation

  • Market Total Value: $604,700
  • Market Land Value: $488,800
  • Market Improvement Value: $115,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $604,700
  • Assessed Land Value: $488,800
  • Assessed Improvements Value: $115,900

    Sales

  • Current Sale Contract Date: Jul 22, 2022
  • Current Sale Recording Date: Jul 26, 2022
  • Current Sale Transaction ID: 11892954732
  • Current Sale Price: $650,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 108815
  • Previous Sale Recording Date: May 12, 2020
  • Previous Sale Contract Date: May 12, 2020
  • Previous Sale Amount: $427,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PINNACLE BANK
  • First Mortgage Transaction Date: Jul 26, 2022
  • First Mortgage Loan Amount: $5,000,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Previous Mortgages

  • Previous Mortgage Lender: PRIMARY RESIDENTIAL MORTGAGE I
  • Previous Mortgage Transaction Date: May 12, 2020
  • Previous Mortgage Loan Amount: $320,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jun 01, 2050

About Sherwood Forest



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Frequently Asked Questions

What neighborhood is 5031 Randolph Road located in?
The 5031 Randolph Road is a multifamily located in the neighborhood of Sherwood Forest in Sherwood Forest, Charlotte.
What is the average sales price for listings in 5031 Randolph Road?
The average sales price for units in 5031 Randolph Road is $0 currently.

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