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524 Katonah Avenue

524 Katonah Avenue, Charlotte, NC 28208
Property in Seversville
Sold Apr 05, 2005
$79,422
Hud
Buyer
$48,000 by Bank Of America Na
Mortgage Due Aug 01, 2035
Sold Jan 23, 2001
$70,000
$69,451 by Bank Of America
Mortgage Due Feb 01, 2031
524 Katonah Avenue 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 1928 and is 96 years old. However, we must point out that the home was most recently renovated and altered in 1980. The home has a total of 2 bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 524 Katonah Avenue has 900 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 5,227 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 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 C by the local assessor. The building has a hip style roof made of asphalt. The exterior walls of the building are made of alum/vinyl siding. 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. The property was last sold in Mar 31, 2005 for $79,422. That's $88.25 per sqft. Prior to that sales transaction, the property was also sold in Jan 23, 2001 for $70,000. 524 Katonah Avenue was last assessed in 2023. The total value of the property was assessed at $315,200. Specifically, the land the property is located on was valued at $200,000. While improvements on the property were assessed at a total of $115,200. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $1,999. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1928
  • Effective Year Built: 1980
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Unknown
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 5,227
  • Total Building Area: 900
  • Gross Building Area: 900
  • Building Area: 900
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 900
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PROPERTY/SAVORNA REALTY CO
  • Land Acres: 0.12
  • Standard Land Use Code: Single family residential
  • Legal Description 1: L17 B1 M4-463

Ownership

  • Current Owner : HUD
  • Previous Owner : STEVENSON LEKISHA R
  • Owner Before Previous Owner: DORSEY MELVIN
  • Owner Before Previous Owner 2: DORSEY GAY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Charlotte-Mecklenburg Schools
  • School Tax School District: CHARLOTTE
  • Census Tract: 004102

Zoning

  • Zoning: I-2

Geography

  • Assessors Map Reference: 071-07
  • District: 1
  • Parcel: 071-072-17
  • Block: 1
  • Lot: 17
  • Municipality: CHARLOTTE
  • Latitude: 35.24
  • Longitude: -80.8666

    Address

  • Full Address: 524 Katonah Ave
  • Address - House Number: 524
  • Address - Street Name: Katonah
  • Address - Suffix Type: Ave
  • State: NC
  • City Name: Charlotte
  • Carrier Code: C031
  • 4-Digit Zip Code: 4321
  • Zip Code: 28208

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,999
  • Tax Rate Code Area: CITY OF CH

    Appraisal Valuation

  • Standard Deviation: 0.1863
  • Valuation Date: Apr 26, 2023
  • Confidence Score: 75
  • Final Value: 409,070
  • High Value: 485,319
  • Low Value: 332,821

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $80,000
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Jul 12, 2005
  • First Open Lien Mortgage Loan Amount: $48,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2035
  • Second Open Lien Mortgage Lender: BANK OF AMERICA NA
  • Second Open Lien Mortgage Recording Date: Oct 09, 2007
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $32,000
  • Second Open Lien Mortgage Term: 298
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Sep 21, 2032

    Market Valuation

  • Market Total Value: $315,200
  • Market Land Value: $200,000
  • Market Improvement Value: $115,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $315,200
  • Assessed Land Value: $200,000
  • Assessed Improvements Value: $115,200

    Sales

  • Current Sale Contract Date: Mar 31, 2005
  • Current Sale Recording Date: Apr 05, 2005
  • Current Sale Transaction ID: 1108965294
  • Current Sale Price: $79,422
  • Current Sale Document Type: Trustee's Deed (Certificate of Title)
  • Current Sale Input Document Number: 2005059955
  • Previous Sale Recording Date: Jan 23, 2001
  • Previous Sale Contract Date: Jan 23, 2001
  • Previous Sale Amount: $70,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF AMERICA
  • Previous Mortgage Transaction Date: Jan 23, 2001
  • Previous Mortgage Loan Amount: $69,451
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Feb 01, 2031

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Frequently Asked Questions

What neighborhood is 524 Katonah Avenue located in?
The 524 Katonah Avenue is a located in the neighborhood of Seversville in Seversville, Charlotte.
What is the average sales price for listings in 524 Katonah Avenue?
The average sales price for units in 524 Katonah Avenue is $0 currently.

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