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5227 Addison Drive

5227 Addison Drive, Charlotte, NC 28211
Sold Jan 15, 2021
$595,000
$476,000 by American Security Mortgage Cor
Mortgage Due Feb 01, 2051
Sold Jul 15, 2016
$363,500
$123,000 by State Employees Cu
Mortgage Due Aug 01, 2026
5227 Addison Drive 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 1955 and is 69 years old. However, we must point out that the home was most recently renovated and altered in 1975. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 5227 Addison Drive has 2,016 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 18,295 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 carport for those who require parking. 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 gable style roof made of asphalt. The exterior walls of the building are made of brick. 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. 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, 5227 Addison Drive was last sold in Jan 13, 2021 for $595,000. According to our calculations, that's $295.14 per sqft. Prior to that sales transaction, the property was sold for $363,500 in Jul 14, 2016. Current property owners are expected to pay $4,155 in taxes per year. The property on 5227 Addison Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $666,100. To break that down further, the land itself was valued at $330,000. While improvements to the property were assessed at a total of $336,100. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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.

Building Features

Exterior

Brick Exterior

Parking

Carport
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1975
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: B
  • Building Style: Unknown
  • Exterior Walls Type: Brick
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Carport
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 18,295
  • Total Building Area: 2,016
  • Gross Building Area: 2,016
  • Building Area: 2,016
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,016
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SHERWOOD FOREST SEC 02
  • Land Acres: 0.42
  • Standard Land Use Code: Single family residential
  • Legal Description 1: L30 BH M7-297

Ownership

  • Current Owner : MCGOOGAN STUART
  • Current Owner 2: NUCKLES LOGAN MICHELE
  • Previous Owner : WILLIAMS MARK M
  • Previous Owner 2: WILLIAMS ANNE A
  • Owner Before Previous Owner: GOLDWORTHY ELLEEN D
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint tenants with right of survivorship

Neighborhood

  • School District Name: Charlotte-Mecklenburg Schools
  • School Tax School District: CHARLOTTE
  • Census Tract: 002006

Zoning

  • Zoning: R-3

Geography

  • Assessors Map Reference: 185-10
  • District: 1
  • Parcel: 185-102-03
  • Block: H
  • Lot: 30
  • Municipality: CHARLOTTE
  • Latitude: 35.1694
  • Longitude: -80.7833

    Address

  • Full Address: 5227 Addison Dr
  • Address - House Number: 5227
  • Address - Street Name: Addison
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Charlotte
  • Carrier Code: C050
  • 4-Digit Zip Code: 4134
  • Zip Code: 28211

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,155
  • Tax Rate Code Area: CITY OF CH

    Appraisal Valuation

  • Standard Deviation: 0.1813
  • Valuation Date: Apr 26, 2023
  • Confidence Score: 76
  • Final Value: 701,146
  • High Value: 828,265
  • Low Value: 574,027

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $476,000
  • First Open Lien Mortgage Lender: AMERICAN SECURITY MORTGAGE COR
  • First Open Lien Mortgage Recording Date: Jan 15, 2021
  • First Open Lien Mortgage Loan Amount: $476,000
  • 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: Feb 01, 2051

    Market Valuation

  • Market Total Value: $666,100
  • Market Land Value: $330,000
  • Market Improvement Value: $336,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $666,100
  • Assessed Land Value: $330,000
  • Assessed Improvements Value: $336,100

    Sales

  • Current Sale Contract Date: Jan 13, 2021
  • Current Sale Recording Date: Jan 15, 2021
  • Current Sale Transaction ID: 11816183648
  • Current Sale Price: $595,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021008602
  • Previous Sale Recording Date: Jul 15, 2016
  • Previous Sale Contract Date: Jul 14, 2016
  • Previous Sale Amount: $363,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAN SECURITY MORTGAGE COR
  • First Mortgage Transaction Date: Jan 15, 2021
  • First Mortgage Loan Amount: $476,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: STATE EMPLOYEES CU
  • Previous Mortgage Transaction Date: Jul 15, 2016
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $123,000
  • Previous Mortgage Term: 120
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2026

About Sherwood Forest



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Frequently Asked Questions

What neighborhood is 5227 Addison Drive located in?
The 5227 Addison Drive is a house located in the neighborhood of Sherwood Forest in Sherwood Forest, Charlotte.
What is the average sales price for listings in 5227 Addison Drive?
The average sales price for units in 5227 Addison Drive is $590,000 , or $290/sqft. currently.

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