Check Availability
$1,150,000
House - For Sale

514 Jefferson Drive

Charlotte, NC 28270
bedrooms
4 Beds
bathrooms
3 Baths
square feet
3695 Sqft
$5,722
Estimated Monthly
$75
HOA / Fees
2.43%
Cap Rate

About This Property

Have you been looking for a fabulous opportunity in the Jefferson Park/Lansdowne neighborhood with an amazing lot and walk out basement?  Your search is over!  Looking for a charming home with tons of character?  This is the one for you!  Looking to renovate and expand to put your own personal touch on a property?  Here is it!  Looking for a walk out basement home that could easily be made into 2nd living quarters? You found it! Looking for an amazing piece of land that is 2/3 of an acre and can accommodate a walk out basement in one of Charlotte's hottest neighborhood to build your dream home?  You have found it! The options are truly endless.  Come take a look and see for yourself.  4 bedrooms, 3 full baths, updated kitchen, beautiful enclosed sun porch, hard flooring through out, tons of storage, convenient to shopping, dining and schools.

The manager has listed the unit size as 3695 square feet.
Unit Size
3,695Ft²
Days on Market
25 days
Land Size
0.66 acres
Price per sqft
$311
Property Type
House
Property Taxes
-
HOA Dues
$75
Year Built
1961
Listed By
Kim Grace
Kim Grace
Coldwell Banker Realty
Last updated: 25 days ago (CMLSNC #4124137)

Price History

Date / Event Date Event Price
Apr 5, 2024 Listed by Coldwell Banker United, Realtors of Charlotte, NC $1,150,000
Listed by Coldwell Banker United, Realtors of Charlotte, NC
Sep 25, 2019 Sold to Eric Lee Wallace, Kerri Sal... $485,000
Sold to Eric Lee Wallace, Kerri Sal...
Feb 15, 2019 No longer available -
No longer available
Oct 18, 2018 Price Decreased $597,000
↓ $13K (2.1%)
Price Decreased
Oct 5, 2018 Listed by Coldwell Banker United, Realtors of Charlotte, NC $610,000
Listed by Coldwell Banker United, Realtors of Charlotte, NC

Property Highlights

Interior Details

Basement Information

Basement
Exterior Details

Exterior Information

Brick and Wood
Wood

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1980
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 1,485
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 28,750
  • Total Building Area: 3,936
  • Gross Building Area: 3,936
  • Building Area: 3,936
  • Building Area Measurement: unknown

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,936
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: JEFFERSON DRIVE
  • Land Acres: 0.66
  • Legal Description 1: L6BB M1487-395

Ownership

  • Current Owner : WALLACE ERIC LEE
  • Current Owner 2: WALLACE KERRI SALLER
  • Previous Owner : POPLIN JERRY M
  • Previous Owner 2: POPLIN MARGARET S
  • Is Owner Occupied: unknown

Neighborhood

  • School District Name: Charlotte-Mecklenburg Schools
  • School Tax School District: CHARLOTTE
  • Census Tract: 002004

Zoning

  • Zoning: R-3

Geography

  • Assessors Map Reference: 187-09
  • District: 1
  • Parcel: 187-092-11
  • Block: B
  • Lot: 6
  • Municipality: CHARLOTTE
  • Latitude: 35.1533
  • Longitude: -80.7817

    Address

  • Full Address: 514 Jefferson Dr
  • Address - House Number: 514
  • Address - Street Name: Jefferson
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Charlotte
  • Carrier Code: C047
  • 4-Digit Zip Code: 5346
  • Zip Code: 28270

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,312
  • Tax Rate Code Area: CITY OF CH

    Appraisal Valuation

  • Standard Deviation: 0.1625
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 79
  • Final Value: 818,899
  • High Value: 952,026
  • Low Value: 685,773

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $648,250
  • First Open Lien Mortgage Lender: ATLANTIC BAY MORTGAGE GROUP LL
  • First Open Lien Mortgage Recording Date: Oct 04, 2021
  • First Open Lien Mortgage Loan Amount: $548,250
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: unknown
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2051
  • Second Open Lien Mortgage Lender: PNC BANK NATIONAL ASSOCIATION
  • Second Open Lien Mortgage Recording Date: Dec 29, 2022
  • Second Open Lien Mortgage Loan Amount: $100,000
  • Second Open Lien Mortgage Term: 479
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: unknown
  • Second Open Lien Mortgage Loan Due Date: Dec 11, 2062

    Market Valuation

  • Market Total Value: $681,300
  • Market Land Value: $475,000
  • Market Improvement Value: $206,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $681,300
  • Assessed Land Value: $475,000
  • Assessed Improvements Value: $206,300

    Sales

  • Current Sale Contract Date: Sep 17, 2019
  • Current Sale Recording Date: Sep 25, 2019
  • Current Sale Transaction ID: 11670703531
  • Current Sale Price: $485,000
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 2019127098
  • Previous Sale Recording Date: May 05, 1978
  • Previous Sale Contract Date: May 05, 1978
  • Previous Sale Document Type: unknown

    Last Sale Mortgage

  • First Mortgage Lender: FIFTH THIRD BANK
  • First Mortgage Transaction Date: Sep 25, 2019
  • First Mortgage Loan Amount: $485,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: unknown
  • First Mortgage Loan Due Date: Oct 01, 2049

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
In Contract
House
4 Beds
3.5 Baths
3,635 ft²
$316/ft²
$1,150,000 Dec 5, 2023
-
-
House
4 Beds
3 Baths
2,828 ft²
$407/ft²
$1,150,000 Mar 18, 2024
-
-
House
4 Beds
3 Baths
3,156 ft²
$310/ft²
$978,000 Mar 7, 2024
-
-
House
5 Beds
4.5 Baths
3,592 ft²
$264/ft²
$950,000 Apr 5, 2024
-
-
House
6 Beds
3.5 Baths
3,646 ft²
$295/ft²
$1,075,000 Mar 21, 2024
-
$75/mo
Land
Loft
-
-
$999,000 Feb 20, 2024
-
-

About Lansdowne


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Frequently Asked Questions

When was property at 514 Jefferson Drive built and last sold?
The property at 514 Jefferson Drive was built in 1961 and last sold on Sep 17, 2019 for $485,000.
How much is this home worth?
The estimated value of the home located at 514 Jefferson Drive is $1,136,280.
What are some comparable homes to 514 Jefferson Drive?
Homes that are comparable to 514 Jefferson Drive include a house property at 1201 Meadowood Lane, 1111 Thistle Court, 257 Shasta Lane.

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