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5331 Ruth Drive

5331 Ruth Drive, Charlotte, NC 28215
Property in Shannon Park
Sold Aug 26, 2020
$223,000
$211,000 by Stearns Lending Llc
Mortgage Due Sep 01, 2051
Sold Apr 30, 1998
$95,000
$92,050 by Branch Banking & Trust Company
Mortgage Due May 01, 2028
5331 Ruth 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 1998 and is 26 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, 5331 Ruth Drive has 1,190 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 20,386 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 garage for those who require parking. The garage measured 264 sqft. Residents will have the luxury of enjoying both a open porch and 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 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 Aug 25, 2020 for $223,000. That's $187.39 per sqft. Prior to that sales transaction, the property was also sold in Apr 30, 1998 for $95,000. 5331 Ruth Drive was last assessed in 2023. The total value of the property was assessed at $287,400. Specifically, the land the property is located on was valued at $84,000. While improvements on the property were assessed at a total of $203,400. 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 $1,461. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Unknown
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 264
  • Parking Space Count: 0
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 20,386
  • Total Building Area: 1,190
  • Gross Building Area: 1,190
  • Building Area: 1,190
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,190
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SHANNON LAKE VIEW DEV
  • Land Acres: 0.468
  • Standard Land Use Code: Single family residential
  • Legal Description 1: L33 M6-591

Ownership

  • Current Owner : STARRING JENNA
  • Current Owner 2: HOLMES RYAN
  • Previous Owner : GRANT ALLIE
  • Owner Before Previous Owner: ESTES WALTER JAMES
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Charlotte-Mecklenburg Schools
  • School Tax School District: CHARLOTTE
  • Census Tract: 001504

Zoning

  • Zoning: R-4

Geography

  • Assessors Map Reference: 099-09
  • District: 1
  • Parcel: 099-091-25
  • Block: 1
  • Lot: 33
  • Municipality: CHARLOTTE
  • Latitude: 35.2487
  • Longitude: -80.7626

    Address

  • Full Address: 5331 Ruth Dr
  • Address - House Number: 5331
  • Address - Street Name: Ruth
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Charlotte
  • Carrier Code: C055
  • 4-Digit Zip Code: 2223
  • Zip Code: 28215

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,461
  • Tax Rate Code Area: CITY OF CH

    Appraisal Valuation

  • Standard Deviation: 0.2057
  • Valuation Date: Apr 26, 2023
  • Confidence Score: 72
  • Final Value: 295,614
  • High Value: 356,424
  • Low Value: 234,805

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $211,000
  • First Open Lien Mortgage Lender: STEARNS LENDING LLC
  • First Open Lien Mortgage Recording Date: Aug 11, 2021
  • First Open Lien Mortgage Loan Amount: $211,000
  • 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: Sep 01, 2051

    Market Valuation

  • Market Total Value: $287,400
  • Market Land Value: $84,000
  • Market Improvement Value: $203,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $287,400
  • Assessed Land Value: $84,000
  • Assessed Improvements Value: $203,400

    Sales

  • Current Sale Contract Date: Aug 25, 2020
  • Current Sale Recording Date: Aug 26, 2020
  • Current Sale Transaction ID: 11787785315
  • Current Sale Price: $223,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020135492
  • Previous Sale Recording Date: Apr 30, 1998
  • Previous Sale Contract Date: Apr 30, 1998
  • Previous Sale Amount: $95,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ATLANTIC BAY MORTGAGE GROUP LL
  • First Mortgage Transaction Date: Aug 26, 2020
  • First Mortgage Loan Amount: $210,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: BRANCH BANKING & TRUST COMPANY
  • Previous Mortgage Transaction Date: Apr 30, 1998
  • Previous Mortgage Loan Amount: $92,050
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: May 01, 2028

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Frequently Asked Questions

What neighborhood is 5331 Ruth Drive located in?
The 5331 Ruth Drive is a located in the neighborhood of Shannon Park in Shannon Park, Charlotte.
What is the average sales price for listings in 5331 Ruth Drive?
The average sales price for units in 5331 Ruth Drive is $0 currently.

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