531 Old Mill Road

531 Old Mill Road in Charlotte, NC was first built in 2019 and is 5 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a townhouse style. There are a total of 4 floors. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 4 partial bathrooms. 531 Old Mill Road has 1,908 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 1,089 square feet.

Learn more about the property and building on this page. The quality of the control joints have been graded by the local assessor with a letter grade of A. The exterior walls of the home are made of concrete. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a forced air unit and being fueled with electricity. The property was last sold in Jun 17, 2020 for $230,000. That's $120.55 per sqft. Prior to that sales transaction, the property was also sold in Dec 12, 2019 for $112,000. 531 Old Mill Road was last assessed in 2023. The total value of the property was assessed at $545,500. Specifically, the land the property is located on was valued at $130,000. While improvements on the property were assessed at a total of $415,500. 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 $3,891. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. 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.