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5228 Polo Gate Boulevard

5228 Polo Gate Boulevard, Charlotte, NC 28216
Property in Mountain Island
Sold Aug 05, 2016
$278,000
$645,000 by Secretary/housing & Urban Dev
Mortgage Due May 15, 2104
Sold Feb 10, 2014
$278,500
5228 Polo Gate Boulevard 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 2014 and is 10 years old. 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, 5228 Polo Gate Boulevard has 1,850 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 4,051 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a townhouse 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 420 sqft. Residents will have the luxury of enjoying a unknown. 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 exterior walls of the building are made of concrete. 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. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 5228 Polo Gate Boulevard sold most recently in Aug 5, 2016 for a total of $278,000. If you work out the math, that's approximately a cost of $150.27 per sqft. Before that, the property was also sold for $278,500 in Feb 7, 2014. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $2,703 in taxes each year. 5228 Polo Gate Boulevard was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $406,500. If we break it down further, the land itself was valued at $70,000. Improvements to the property, however, were assessed at a total of $336,500. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2014
  • Effective Year Built: 2014
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: B
  • Building Style: Townhouse
  • Exterior Walls Type: Concrete
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 420
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,051
  • Total Building Area: 1,850
  • Gross Building Area: 1,850
  • Building Area: 1,850
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,850
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: POLO CLUB/MTN ISLAND LAKE PH 1 M
  • Land Acres: 0.093
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: L5228 M55-780

Ownership

  • Current Owner : ANDERSON WILLIAM S
  • Current Owner 2: ANDERSON CHARLEE H
  • Previous Owner : MONTANARI PATRICA
  • Owner Before Previous Owner: THE COURTYARDS AT MOUNTAIN ISLAND LAKE L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: BP

Geography

  • Assessors Map Reference: 023-26
  • Parcel: 023-264-87
  • Block: 4
  • Lot: 5228
  • Municipality: UNINC
  • Latitude: 35.3324
  • Longitude: -80.9479

    Address

  • Full Address: 5228 Polo Gate Blvd
  • Address - House Number: 5228
  • Address - Street Name: Polo Gate
  • Address - Suffix Type: Blvd
  • State: NC
  • City Name: Charlotte
  • Carrier Code: R143
  • 4-Digit Zip Code: 6815
  • Zip Code: 28216

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,703
  • Tax Rate Code Area: COOKS

    Appraisal Valuation

  • Standard Deviation: 0.1852
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 75
  • Final Value: 492,870
  • High Value: 584,199
  • Low Value: 401,542

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $1,290,000
  • First Open Lien Mortgage Lender: SECRETARY/HOUSING & URBAN DEV
  • First Open Lien Mortgage Recording Date: Nov 15, 2023
  • First Open Lien Mortgage Loan Amount: $645,000
  • First Open Lien Mortgage Term: 999
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Reverse Mortgage (Home Equity Conversion Mortgage)
  • First Open Lien Mortgage Loan Due Date: May 15, 2104
  • Second Open Lien Mortgage Lender: FINANCE OF AMERICA REVERSE LLC
  • Second Open Lien Mortgage Recording Date: Nov 15, 2023
  • Second Open Lien Mortgage Loan Amount: $645,000
  • Second Open Lien Mortgage Term: 999
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Reverse Mortgage (Home Equity Conversion Mortgage)
  • Second Open Lien Mortgage Loan Due Date: May 15, 2104

    Market Valuation

  • Market Total Value: $406,500
  • Market Land Value: $70,000
  • Market Improvement Value: $336,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $406,500
  • Assessed Land Value: $70,000
  • Assessed Improvements Value: $336,500

    Sales

  • Current Sale Contract Date: Aug 05, 2016
  • Current Sale Recording Date: Aug 05, 2016
  • Current Sale Transaction ID: 1754831392
  • Current Sale Price: $278,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2016102975
  • Previous Sale Recording Date: Feb 10, 2014
  • Previous Sale Contract Date: Feb 07, 2014
  • Previous Sale Amount: $278,500
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MOVEMENT MORTGAGE
  • First Mortgage Transaction Date: Aug 05, 2016
  • First Mortgage Loan Amount: $222,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2046

About Mountain Island



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Frequently Asked Questions

What neighborhood is 5228 Polo Gate Boulevard located in?
The 5228 Polo Gate Boulevard is a located in the neighborhood of Mountain Island in Mountain Island, Charlotte.
What is the average sales price for listings in 5228 Polo Gate Boulevard?
The average sales price for units in 5228 Polo Gate Boulevard is $0 currently.

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