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5233 Shady Grove Lane

5233 Shady Grove Lane, Charlotte, NC 28217
House in Yorkmount
Sold Jul 28, 2021
$220,000
$198,000 by Founders Fcu
Mortgage Due Aug 05, 2051
Sold Dec 12, 2016
$80,000
5233 Shady Grove 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 1958 and is 66 years old. However, we must point out that the home was most recently renovated and altered in 1970. The home has a total of 3 bedrooms. Residents will have access to one full bathroom. 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, 5233 Shady Grove Lane has 1,014 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 10,890 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. Residents will have the luxury of enjoying a patio. 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 C by the local assessor. The building has a gable style roof made of tar and gravel. 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. 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, 5233 Shady Grove Lane sold most recently in Jul 28, 2021 for a total of $220,000. If you work out the math, that's approximately a cost of $216.96 per sqft. Before that, the property was also sold for $80,000 in Dec 8, 2016. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $920 in taxes each year. 5233 Shady Grove Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $199,900. If we break it down further, the land itself was valued at $55,000. Improvements to the property, however, were assessed at a total of $144,900. 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.

Building Features

Exterior

Brick Exterior / Wood Exterior
Vinyl Siding
Wood Exterior

Driveway

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

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1970
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Unknown
  • Exterior Walls Type: Wood
  • Roof Shape Type: Gable
  • Roof Cover Type: Tar and gravel
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 10,890
  • Total Building Area: 1,014
  • Gross Building Area: 1,014
  • Building Area: 1,014
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,014
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: YORKMONT PARK SEC 03
  • Land Acres: 0.25
  • Standard Land Use Code: Single family residential
  • Legal Description 1: L18 BD M8-127

Ownership

  • Current Owner : MURILLO CESILIA CRUZ
  • Current Owner 2: SANTOS DENIS EDILDO
  • Previous Owner : KAKAVITSAS GREGORY SAM
  • Previous Owner 2: KAKAVITSAS AGNE
  • Owner Before Previous Owner: SFRH CHARLOTTE RNETAL LP
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Charlotte-Mecklenburg Schools
  • School Tax School District: CHARLOTTE
  • Census Tract: 003811

Zoning

  • Zoning: R-4

Geography

  • Assessors Map Reference: 167-03
  • District: 1
  • Parcel: 167-032-31
  • Block: D
  • Lot: 18
  • Municipality: CHARLOTTE
  • Latitude: 35.1715
  • Longitude: -80.897

    Address

  • Full Address: 5233 Shady Grove Ln
  • Address - House Number: 5233
  • Address - Street Name: Shady Grove
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Charlotte
  • Carrier Code: C005
  • 4-Digit Zip Code: 2049
  • Zip Code: 28217

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $920
  • Tax Rate Code Area: CITY OF CH

    Appraisal Valuation

  • Standard Deviation: 0.2366
  • Valuation Date: Apr 26, 2023
  • Confidence Score: 66
  • Final Value: 264,944
  • High Value: 327,647
  • Low Value: 202,241

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $198,000
  • First Open Lien Mortgage Lender: FOUNDERS FCU
  • First Open Lien Mortgage Recording Date: Jul 28, 2021
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $198,000
  • 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: Aug 05, 2051

    Market Valuation

  • Market Total Value: $199,900
  • Market Land Value: $55,000
  • Market Improvement Value: $144,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $199,900
  • Assessed Land Value: $55,000
  • Assessed Improvements Value: $144,900

    Sales

  • Current Sale Contract Date: Jul 28, 2021
  • Current Sale Recording Date: Jul 28, 2021
  • Current Sale Transaction ID: 11846928348
  • Current Sale Price: $220,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021145390
  • Previous Sale Recording Date: Dec 12, 2016
  • Previous Sale Contract Date: Dec 08, 2016
  • Previous Sale Amount: $80,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FOUNDERS FCU
  • First Mortgage Transaction Date: Jul 28, 2021
  • First Mortgage Loan Amount: $198,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 05, 2051

    Financing

  • First Mortgage Financing Type: Adjustable Rate

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Frequently Asked Questions

What neighborhood is 5233 Shady Grove Lane located in?
The 5233 Shady Grove Lane is a house located in the neighborhood of Yorkmount in Yorkmount, Charlotte.
What is the average sales price for listings in 5233 Shady Grove Lane?
The average sales price for units in 5233 Shady Grove Lane is $0 currently.

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