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504 East 24th Street

504 East 24th Street, Charlotte, NC 28206
Commercial in Optimist Park
Sold Apr 09, 2021
$2,300,000
This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a multifamily style. In total, the area measurement of the land is 10,498 square feet.

Learn more about the property and building on this page. 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, 504 East 24th Street sold most recently in Apr 9, 2021 for a total of $2,300,000. 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 $2,786 in taxes each year. The initial year of tax delinquency occurred in 2021. 504 East 24th Street was most recently assessed in 2021. During this assessment, the property's total value was estimated to be about $288,700. If we break it down further, the land itself was valued at $288,700. The property's total market value has been marked the same as the total assessed value which is pretty typical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Style: Multifamily
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,498
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PEGRAM WADSWORTH LAND CO
  • Land Acres: 0.241
  • Standard Land Use Code: Multi-family dwellings (generic, 2+)
  • Legal Description 1: L15 B2 M230-1 PLUS CLOSED ALLEY

Ownership

  • Current Owner : ALTA FILAMENT LLC
  • Previous Owner : IDEAL INVESTMENTS & PROPERTY MGMT LLC
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Charlotte-Mecklenburg Schools
  • School Tax School District: CHARLOTTE
  • School Tax District Code 2: CHARLOTTE
  • Census Tract: 000700

Zoning

  • Zoning: I2

Geography

  • Assessors Map Reference: BK 83 PG 4
  • District: 1
  • Parcel: 083-044-19
  • Block: 4
  • Lot: 19
  • Municipality: CHARLOTTE
  • Latitude: 35.2373
  • Longitude: -80.8198

    Address

  • Full Address: 504 E 22nd St
  • Address - House Number: 504
  • Street Direction: E
  • Address - Street Name: 22nd
  • Address - Suffix Type: St
  • State: NC
  • City Name: Charlotte
  • Carrier Code: C004
  • 4-Digit Zip Code: 3426
  • Zip Code: 28206

Valuation

    Tax

  • Tax Year: 2021
  • Tax Amount: $2,786
  • Intital Tax Deliquent Year: 2021

    Market Valuation

  • Market Total Value: $288,700
  • Market Land Value: $288,700

    Assessments Valuation

  • Assessed Year: 2021
  • Assessed Total Value: $288,700
  • Assessed Land Value: $288,700

    Sales

  • Current Sale Contract Date: Apr 09, 2021
  • Current Sale Recording Date: Apr 09, 2021
  • Current Sale Transaction ID: 11838807313
  • Current Sale Price: $2,300,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 2021070731

About Optimist Park



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Frequently Asked Questions

What neighborhood is 504 East 24th Street located in?
The 504 East 24th Street is a commercial located in the neighborhood of Optimist Park in Optimist Park, Charlotte.
What is the average sales price for listings in 504 East 24th Street?
The average sales price for units in 504 East 24th Street is $0 currently.

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