See Home Value
$259,751*
House - Off Market

5509 Torrence Street

Charlotte, NC 28269
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1225 Sqft
$234,000 - $286,000
Reference Base Price*
-0.10%
Since Nov 1, 2023
NC-Charlotte
Primary Model
Sold Oct 12, 2023
$240,000
$180,000 by Movement Mortgage, Llc
Mortgage Due Nov 01, 2053

About This Property

Home has updated windows. Large living room w/ french doors & wood floors. Eat-in kitchen has ceramic tile floors. Step down into den/bonus room w/ laminate wood flooring. Updated full bathroom has designer tile shower. Wood floors are also in all 3 bedrooms. Recently replaced water heaters(non permitted). New dishwasher installed. The metal 20 x12 building has electricity running to it. Approx. 15 minute drive to downtown Charlotte. **Survey shows a 2 inch carport roof encroachment(which seller had cut off). Wood shed encroaches 1.2ft. on left(seller will either get Encroachment agreement or remove the older encroaching building prior to closing. -Previous home inspection said home has Aluminum wiring- Attic has a couple cracked trust(seller will add sister joist)-Previous roof leak has damaged some of the plywood sheathing boards- Some joist are spliced & drilled trough for wiring & w/o junc. box.

The manager has listed the unit size as 1225 square feet.
Unit Size
1,225Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$212
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1968

Price History

Date / Event Date Event Price
Oct 15, 2023 No longer available -
No longer available
Oct 12, 2023 Sold to Alotanzar Jose $240,000
Sold to Alotanzar Jose
Sep 10, 2023 In contract -
In contract
Aug 25, 2023 Relisted $260,000
Relisted
Aug 18, 2023 In contract -
In contract
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1970
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Unknown
  • Exterior Walls Type: Brick
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Carport
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 9,365
  • Total Building Area: 1,225
  • Gross Building Area: 1,225
  • Building Area: 1,225
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,225
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LAKE FOREST
  • Land Acres: 0.215
  • Standard Land Use Code: Single family residential
  • Legal Description 1: P34 &35 B2 M332-466

Ownership

  • Current Owner : JOSE ALOTANZAR
  • Previous Owner : BROOME SHERWIN D
  • Previous Owner 2: BROOME GREG
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Charlotte-Mecklenburg Schools
  • School Tax School District: CHARLOTTE
  • Census Tract: 005512

Zoning

  • Zoning: R-5

Geography

  • Assessors Map Reference: 043-03
  • District: 1
  • Parcel: 043-034-05
  • Block: 2
  • Lot: 5
  • Municipality: CHARLOTTE
  • Latitude: 35.3084
  • Longitude: -80.8106

    Address

  • Full Address: 5509 Torrence St
  • Address - House Number: 5509
  • Address - Street Name: Torrence
  • Address - Suffix Type: St
  • State: NC
  • City Name: Charlotte
  • Carrier Code: C045
  • 4-Digit Zip Code: 7320
  • Zip Code: 28269

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,113
  • Tax Rate Code Area: CITY OF CH

    Appraisal Valuation

  • Standard Deviation: 0.1884
  • Valuation Date: Nov 22, 2023
  • Confidence Score: 75
  • Final Value: 278,791
  • High Value: 331,317
  • Low Value: 226,266

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $300,000
  • First Open Lien Mortgage Lender: MOVEMENT MORTGAGE, LLC
  • First Open Lien Mortgage Recording Date: Oct 12, 2023
  • First Open Lien Mortgage Loan Amount: $180,000
  • 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: Nov 01, 2053
  • Second Open Lien Mortgage Lender: BREWER WILLIAM
  • Second Open Lien Mortgage Recording Date: Nov 21, 2023
  • Second Open Lien Mortgage Loan Amount: $120,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Private Lender: T

    Market Valuation

  • Market Total Value: $213,300
  • Market Land Value: $45,000
  • Market Improvement Value: $168,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $213,300
  • Assessed Land Value: $45,000
  • Assessed Improvements Value: $168,300

    Sales

  • Current Sale Contract Date: Oct 06, 2023
  • Current Sale Recording Date: Oct 12, 2023
  • Current Sale Transaction ID: 11914414731
  • Current Sale Price: $240,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 97712

    Last Sale Mortgage

  • First Mortgage Lender: MOVEMENT MORTGAGE, LLC
  • First Mortgage Transaction Date: Oct 12, 2023
  • First Mortgage Loan Amount: $180,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2053



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Condo
3 Beds
2.5 Baths
1,332 ft²
$191/ft²
$255,000 Sep 1, 2023
-
$272/mo
In Contract
Townhouse
3 Beds
2.5 Baths
1,335 ft²
$202/ft²
$269,900 Aug 14, 2023
-
$178/mo
Townhouse
3 Beds
2.5 Baths
1,339 ft²
$206/ft²
$276,000 Sep 8, 2023
-
$190/mo
House
2 Beds
1.5 Baths
880 ft²
$330/ft²
$290,000 Aug 30, 2023
-
$80/mo

About Rockwell Park - Hemphill Heights


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Frequently Asked Questions

When was property at 5509 Torrence Street built and last sold?
The property at 5509 Torrence Street was built in 1968 and last sold on Oct 6, 2023 for $240,000.
How much is this home worth?
The estimated value of the home located at 5509 Torrence Street is $259,900.
What are some comparable homes to 5509 Torrence Street?
There are currently no comparable homes to 5509 Torrence Street.

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