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5100 Equipment Drive

5100 Equipment Drive, Charlotte, NC 28269
Property in Mineral Springs
Local assessors in Charlotte, NC have categorized 5100 Equipment Drive as a commercial type of property. The home was built in 1984 and is 40 years old. The property's lot size has been calculated to be 77,450 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown style. There are also 33 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 5100 Equipment Drive has a total of 29,339 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 open porch and a patio so you'll have great options in both the front and back of the home. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. 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 - B. The building has a gable style roof that was made of asphalt. Lots of stucco 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. The property was last sold in Oct 25, 2017 for $3,400,000. That's $115.89 per sqft. Prior to that sales transaction, the property was also sold in Mar 18, 2014 for $2,800,000. 5100 Equipment Drive was last assessed in 2023. The total value of the property was assessed at $4,322,600. Specifically, the land the property is located on was valued at $1,286,800. While improvements on the property were assessed at a total of $3,035,800. 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 $35,689. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 1984
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 33
  • Partial Bathrooms: 33
  • Bathroom Plumbing Fixtures: 99
  • Building Condition: Average
  • Building Quality: B
  • Building Style: Unknown
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 80
  • Basement Area: 0
  • Parking Space Count: 0
  • Patio Type: Patio
  • Porch Type: Open porch
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 77,450
  • Total Building Area: 29,339
  • Gross Building Area: 29,339
  • Building Area: 29,339
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 29,339
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Land Acres: 1.778
  • Standard Land Use Code: Commercial (general)
  • Legal Description 1: SEE 4507301

Ownership

  • Current Owner : TULSI HOTELS LLC
  • Previous Owner : SAMA LODGING LLC
  • Owner Before Previous Owner: OMKAR HOSPITALITY OF CHARLOTTE LLC
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Charlotte-Mecklenburg Schools
  • School Tax School District: CHARLOTTE
  • Census Tract: 005536

Zoning

  • Zoning: B-2

Geography

  • Assessors Map Reference: 045-07
  • District: 1
  • Parcel: 045-073-01
  • Block: 3
  • Lot: 1
  • Municipality: CHARLOTTE
  • Latitude: 35.2799
  • Longitude: -80.7946

    Address

  • Full Address: 5100 Equipment Dr
  • Address - House Number: 5100
  • Address - Street Name: Equipment
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Charlotte
  • Carrier Code: C055
  • 4-Digit Zip Code: 5017
  • Zip Code: 28269

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $35,689
  • Tax Rate Code Area: CITY OF CH

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $3,704,000
  • First Open Lien Mortgage Lender: BANK OF GEORGE
  • First Open Lien Mortgage Recording Date: Oct 26, 2017
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $2,815,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • Second Open Lien Mortgage Lender: US SMALL BUSINESS ADMINISTRATI
  • Second Open Lien Mortgage Recording Date: Feb 04, 2022
  • Second Open Lien Mortgage Loan Amount: $889,000
  • Second Open Lien Mortgage Term: 339
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: SBA Participation Trust Deed
  • Second Open Lien Mortgage Loan Due Date: Jun 19, 2050

    Market Valuation

  • Market Total Value: $4,322,600
  • Market Land Value: $1,286,800
  • Market Improvement Value: $3,035,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $4,322,600
  • Assessed Land Value: $1,286,800
  • Assessed Improvements Value: $3,035,800

    Sales

  • Current Sale Contract Date: Oct 25, 2017
  • Current Sale Recording Date: Oct 26, 2017
  • Current Sale Transaction ID: 1398007628
  • Current Sale Price: $3,400,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2017144854
  • Previous Sale Recording Date: Mar 18, 2014
  • Previous Sale Contract Date: Mar 18, 2014
  • Previous Sale Amount: $2,800,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF GEORGE
  • First Mortgage Transaction Date: Oct 26, 2017
  • First Mortgage Loan Amount: $2,815,000
  • First Mortgage Loan Type: Commercial

    Financing

  • First Mortgage Financing Type: Variable

    Previous Mortgages

  • Previous Mortgage Lender: MOUNTAIN COMMERCE BANK
  • Previous Mortgage Transaction Date: Mar 18, 2014
  • Previous Mortgage Loan Amount: $125,000
  • Previous Mortgage Term: 24
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Mar 17, 2016

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Frequently Asked Questions

What neighborhood is 5100 Equipment Drive located in?
The 5100 Equipment Drive is a located in the neighborhood of Mineral Springs in Mineral Springs, Charlotte.
What is the average sales price for listings in 5100 Equipment Drive?
The average sales price for units in 5100 Equipment Drive is $0 currently.

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