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5131 Mountain Point Lane

5131 Mountain Point Lane, Charlotte, NC 28216
Property in Mountain Island
Sold Dec 20, 2012
$565,000
$417,000 by Fairway Independent Mortgage C
Mortgage Due Jan 01, 2043
Sold Feb 02, 1998
$68,000
5131 Mountain Point Lane 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 2001 and is 23 years old. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 5131 Mountain Point Lane has 4,655 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a unknown that is 1,781 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 41,382 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown 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 552 sqft. Residents will have the luxury of enjoying a open porch. 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 B by the local assessor. The building has a hip style roof made of wood. The exterior walls of the building are made of wood. 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. The property was last sold in Dec 19, 2012 for $565,000. That's $121.37 per sqft. Prior to that sales transaction, the property was also sold in Feb 2, 1998 for $68,000. 5131 Mountain Point Lane was last assessed in 2023. The total value of the property was assessed at $773,900. Specifically, the land the property is located on was valued at $227,500. While improvements on the property were assessed at a total of $546,400. 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 $6,473. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. 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.

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: B
  • Building Style: Unknown
  • Exterior Walls Type: Wood
  • Roof Shape Type: Hip
  • Roof Cover Type: Wood
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 1,781
  • Garage Type: Garage
  • Garage Square Area: 552
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 41,382
  • Total Building Area: 4,655
  • Gross Building Area: 4,655
  • Building Area: 4,655
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 4,655
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MOUNTAIN POINTE PH II
  • Land Acres: 0.95
  • Standard Land Use Code: Single family residential
  • Legal Description 1: L37 M23-548

Ownership

  • Current Owner : ILLINGWORTH COREY
  • Current Owner 2: ILLINGWORTH REBECCA
  • Previous Owner : CHESTNUTT RAYBURN L
  • Previous Owner 2: CHESTNUTT KATHRYN B
  • Owner Before Previous Owner: CALVIN COLLINS JOHN
  • Owner Before Previous Owner 2: CALVIN PATRICIA C
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Charlotte-Mecklenburg Schools
  • School Tax School District: COOKS
  • Census Tract: 006103

Zoning

  • Zoning: R-5

Geography

  • Assessors Map Reference: 023-16
  • Parcel: 023-164-01
  • Block: 4
  • Lot: 37
  • Municipality: UNINC
  • Latitude: 35.3423
  • Longitude: -80.9307

    Address

  • Full Address: 5131 Mountain Point Ln
  • Address - House Number: 5131
  • Address - Street Name: Mountain Point
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Charlotte
  • Carrier Code: R090
  • 4-Digit Zip Code: 6705
  • Zip Code: 28216

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,473
  • Tax Rate Code Area: COOKS

    Appraisal Valuation

  • Standard Deviation: 0.1846
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 75
  • Final Value: 998,349
  • High Value: 1,182,718
  • Low Value: 813,981

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $469,500
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Open Lien Mortgage Recording Date: Dec 20, 2012
  • First Open Lien Mortgage Loan Amount: $417,000
  • 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: Jan 01, 2043
  • Second Open Lien Mortgage Lender: FIFTH THIRD BANK
  • Second Open Lien Mortgage Recording Date: Mar 06, 2013
  • Second Open Lien Mortgage Loan Amount: $52,500
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Unknown (DEFAULT)

    Market Valuation

  • Market Total Value: $773,900
  • Market Land Value: $227,500
  • Market Improvement Value: $546,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $773,900
  • Assessed Land Value: $227,500
  • Assessed Improvements Value: $546,400

    Sales

  • Current Sale Contract Date: Dec 19, 2012
  • Current Sale Recording Date: Dec 20, 2012
  • Current Sale Transaction ID: 1197619135
  • Current Sale Price: $565,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2012181814
  • Previous Sale Recording Date: Feb 02, 1998
  • Previous Sale Contract Date: Feb 02, 1998
  • Previous Sale Amount: $68,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Mortgage Transaction Date: Dec 20, 2012
  • First Mortgage Loan Amount: $417,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2043

About Mountain Island



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Frequently Asked Questions

What neighborhood is 5131 Mountain Point Lane located in?
The 5131 Mountain Point Lane is a located in the neighborhood of Mountain Island in Mountain Island, Charlotte.
What is the average sales price for listings in 5131 Mountain Point Lane?
The average sales price for units in 5131 Mountain Point Lane is $0 currently.

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