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5820 Lake Vista Lane

5820 Lake Vista Lane, Charlotte, NC 28216
Property in Sunset Road
Sold May 24, 2016
$120,500
$108,432 by Pennymac Loan Services Llc
Mortgage Due Nov 01, 2051
Sold Sep 21, 2015
$18,000
$86,600 by Capital Bank Na
Mortgage
5820 Lake Vista 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 2016 and is 8 years old. The home has a total of 4 bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 5820 Lake Vista Lane has 1,588 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 8,712 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. 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 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 heat pump and being fueled with electricity. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 5820 Lake Vista Lane was last sold in Apr 21, 2016 for $120,500. According to our calculations, that's $75.88 per sqft. Prior to that sales transaction, the property was sold for $18,000 in Sep 18, 2015. Current property owners are expected to pay $1,143 in taxes per year. The property on 5820 Lake Vista Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $321,900. To break that down further, the land itself was valued at $80,000. While improvements to the property were assessed at a total of $241,900. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. 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.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2016
  • Effective Year Built: 2016
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,712
  • Total Building Area: 1,588
  • Gross Building Area: 1,588
  • Building Area: 1,588
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 1,588
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SPRINGLAKE PH 01 MAP 01
  • Land Acres: 0.2
  • Standard Land Use Code: Single family residential
  • Legal Description 1: L7 M50-316

Ownership

  • Current Owner : SHEIKH LEKESHA
  • Previous Owner : WADE JURNEY HOMES INCORPORATED
  • Owner Before Previous Owner: REO FUNDING SOLUTIONS III LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Charlotte-Mecklenburg Schools
  • School Tax School District: CHARLOTTE
  • Census Tract: 006108

Zoning

  • Zoning: R-4

Geography

  • Assessors Map Reference: 037-31
  • District: 1
  • Parcel: 037-311-29
  • Block: 1
  • Lot: 7
  • Municipality: CHARLOTTE
  • Latitude: 35.3133
  • Longitude: -80.8717

    Address

  • Full Address: 5820 Lake Vista Ln
  • Address - House Number: 5820
  • Address - Street Name: Lake Vista
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Charlotte
  • Carrier Code: R168
  • 4-Digit Zip Code: 9661
  • Zip Code: 28216

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,143
  • Tax Rate Code Area: CITY OF CH

    Appraisal Valuation

  • Standard Deviation: 0.1863
  • Valuation Date: Apr 26, 2023
  • Confidence Score: 75
  • Final Value: 302,135
  • High Value: 358,452
  • Low Value: 245,818

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $108,432
  • First Open Lien Mortgage Lender: PENNYMAC LOAN SERVICES LLC
  • First Open Lien Mortgage Recording Date: Oct 21, 2021
  • First Open Lien Mortgage Loan Amount: $108,432
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2051

    Market Valuation

  • Market Total Value: $321,900
  • Market Land Value: $80,000
  • Market Improvement Value: $241,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $321,900
  • Assessed Land Value: $80,000
  • Assessed Improvements Value: $241,900

    Sales

  • Current Sale Contract Date: Apr 21, 2016
  • Current Sale Recording Date: May 24, 2016
  • Current Sale Transaction ID: 1969943023
  • Current Sale Price: $120,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2016063321
  • Previous Sale Recording Date: Sep 21, 2015
  • Previous Sale Contract Date: Sep 18, 2015
  • Previous Sale Amount: $18,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MOVEMENT MORTGAGE
  • First Mortgage Transaction Date: May 24, 2016
  • First Mortgage Loan Amount: $118,306
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jun 01, 2046

    Previous Mortgages

  • Previous Mortgage Lender: CAPITAL BANK NA
  • Previous Mortgage Transaction Date: Sep 21, 2015
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $86,600
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Building or Construction Loan

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Frequently Asked Questions

What neighborhood is 5820 Lake Vista Lane located in?
The 5820 Lake Vista Lane is a located in the neighborhood of Sunset Road in Sunset Road, Charlotte.
What is the average sales price for listings in 5820 Lake Vista Lane?
The average sales price for units in 5820 Lake Vista Lane is $0 currently.

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