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520 Melbourne Court

520 Melbourne Court, Charlotte, NC 28209
Property in Sedgefield
Sold Jul 01, 2020
$400,000
$1,000,000 by Regions Bank
Mortgage Due Jul 01, 2050
Sold Jun 11, 2019
$371,000
Local assessors in Charlotte, NC have categorized 520 Melbourne Court as a residential type of property. The home was built in 2020 and is 4 years old. The property's lot size has been calculated to be 9,757 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, 4 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 3 full bathrooms. There are also 4 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 520 Melbourne Court has a total of 4,237 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 porch and a patio 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 - A. The building has a gable style roof that was made of asphalt. Lots of concrete 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 oil. 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, 520 Melbourne Court was last sold in Jun 30, 2020 for $400,000. According to our calculations, that's $94.41 per sqft. Prior to that sales transaction, the property was sold for $371,000 in Jun 10, 2019. Current property owners are expected to pay $9,062 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2020. The property on 520 Melbourne Court was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,458,570. To break that down further, the land itself was valued at $550,000. While improvements to the property were assessed at a total of $908,570. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2020
  • Effective Year Built: 2020
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Quality: A
  • Building Style: Unknown
  • Exterior Walls Type: Concrete
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 9,757
  • Total Building Area: 4,237
  • Gross Building Area: 4,237
  • Building Area: 4,237
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 4,237
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MELBOURNE COURT
  • Land Acres: 0.224
  • Standard Land Use Code: Single family residential
  • Legal Description 1: L4 B5B M1166- 213

Ownership

  • Current Owner : DOMAZOS ANDREW NICHOLAS
  • Current Owner 2: DOMAZOS NICOLE HEISLER
  • Previous Owner : RAM CONSTRUCTION INC
  • Owner Before Previous Owner: SMITH CHARLES BRADFORD
  • Owner Before Previous Owner 2: SMITH TAMMY NICHOLS

Neighborhood

  • School District Name: Charlotte-Mecklenburg Schools
  • School Tax School District: CHARLOTTE
  • Census Tract: 003302

Zoning

  • Zoning: R-8

Geography

  • Assessors Map Reference: 147-06
  • District: 1
  • Parcel: 147-065-11
  • Block: 5
  • Lot: 4
  • Municipality: CHARLOTTE
  • Latitude: 35.1947
  • Longitude: -80.8649

    Address

  • Full Address: 520 Melbourne Ct
  • Address - House Number: 520
  • Address - Street Name: Melbourne
  • Address - Suffix Type: Ct
  • State: NC
  • City Name: Charlotte
  • Carrier Code: C023
  • 4-Digit Zip Code: 1827
  • Zip Code: 28209

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,062
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: CITY OF CH

    Appraisal Valuation

  • Standard Deviation: 0.1863
  • Valuation Date: Apr 26, 2023
  • Confidence Score: 75
  • Final Value: 1,343,647
  • High Value: 1,594,097
  • Low Value: 1,093,197

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,000,000
  • First Open Lien Mortgage Lender: REGIONS BANK
  • First Open Lien Mortgage Recording Date: Jul 01, 2020
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,000,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2050

    Market Valuation

  • Market Total Value: $1,458,570
  • Market Land Value: $550,000
  • Market Improvement Value: $908,570

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,458,570
  • Assessed Land Value: $550,000
  • Assessed Improvements Value: $908,570

    Sales

  • Current Sale Contract Date: Jun 30, 2020
  • Current Sale Recording Date: Jul 01, 2020
  • Current Sale Transaction ID: 11771734456
  • Current Sale Price: $400,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020098415
  • Previous Sale Recording Date: Jun 11, 2019
  • Previous Sale Contract Date: Jun 10, 2019
  • Previous Sale Amount: $371,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: REGIONS BANK
  • First Mortgage Transaction Date: Jul 01, 2020
  • First Mortgage Loan Amount: $1,000,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Building or Construction Loan
  • First Mortgage Loan Due Date: Jul 01, 2050

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Sedgefield



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Frequently Asked Questions

What neighborhood is 520 Melbourne Court located in?
The 520 Melbourne Court is a located in the neighborhood of Sedgefield in Sedgefield, Charlotte.
What is the average sales price for listings in 520 Melbourne Court?
The average sales price for units in 520 Melbourne Court is $0 currently.

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