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5821 Mountain Point Lane

5821 Mountain Point Lane, Charlotte, NC 28216
Sold Mar 28, 2006
$465,000
$141,000 by Peoples Bank
Mortgage Due Jun 23, 2031
Sold Apr 16, 2001
$91,000
$92,000 by Park Meridian Bank
Mortgage Due Apr 12, 2002
Local assessors in Charlotte, NC have categorized 5821 Mountain Point Lane as a residential type of property. The home was built in 2001 and is 23 years old. The property's lot size has been calculated to be 87,425 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 4 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 5821 Mountain Point Lane has a total of 4,013 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 896 sqft. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. Moving onto specific details regarding the building. Our sources show that the building condition is average. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B. The building has a gable style roof that was made of wood. Lots of brick were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 5821 Mountain Point Lane sold most recently in Mar 27, 2006 for a total of $465,000. If you work out the math, that's approximately a cost of $115.87 per sqft. Before that, the property was also sold for $91,000 in Mar 22, 2001. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $5,642 in taxes each year. 5821 Mountain Point Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $766,000. If we break it down further, the land itself was valued at $240,000. Improvements to the property, however, were assessed at a total of $526,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Quality: B
  • Building Style: Unknown
  • Exterior Walls Type: Brick
  • Roof Shape Type: Gable
  • Roof Cover Type: Wood
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 896
  • Parking Space Count: 0
  • Porch Type: Open porch
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 87,425
  • Total Building Area: 4,013
  • Gross Building Area: 4,013
  • Building Area: 4,013
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 4,013
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MOUNTAIN POINT ESTATES MAP 01
  • Land Acres: 2.007
  • Standard Land Use Code: Single family residential
  • Legal Description 1: L16 M33-747

Ownership

  • Current Owner : LEATHERWOOD MARC G
  • Current Owner 2: LEATHERWOOD SALLY
  • Previous Owner : POWELL KEVIN NEAL
  • Previous Owner 2: POWELL DANA M
  • Owner Before Previous Owner: KEITH FLETCHER G
  • Owner Before Previous Owner 2: KEITH PEGGY M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Charlotte-Mecklenburg Schools
  • School Tax School District: COOKS
  • Census Tract: 006103

Zoning

  • Zoning: R-5

Geography

  • Assessors Map Reference: 023-25
  • Parcel: 023-252-44
  • Block: 2
  • Lot: 16
  • Municipality: UNINC
  • Latitude: 35.343
  • Longitude: -80.9218

    Address

  • Full Address: 5821 Mountain Point Ln
  • Address - House Number: 5821
  • Address - Street Name: Mountain Point
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Charlotte
  • Carrier Code: R090
  • 4-Digit Zip Code: 7754
  • Zip Code: 28216

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,642
  • Tax Rate Code Area: COOKS

    Appraisal Valuation

  • Standard Deviation: 0.1723
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 77
  • Final Value: 830,349
  • High Value: 973,421
  • Low Value: 687,277

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $141,000
  • First Open Lien Mortgage Lender: PEOPLES BANK
  • First Open Lien Mortgage Recording Date: Jun 29, 2016
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $141,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Jun 23, 2031

    Market Valuation

  • Market Total Value: $766,000
  • Market Land Value: $240,000
  • Market Improvement Value: $526,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $766,000
  • Assessed Land Value: $240,000
  • Assessed Improvements Value: $526,000

    Sales

  • Current Sale Contract Date: Mar 27, 2006
  • Current Sale Recording Date: Mar 28, 2006
  • Current Sale Transaction ID: 1108219318
  • Current Sale Price: $465,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2006057640
  • Previous Sale Recording Date: Apr 16, 2001
  • Previous Sale Contract Date: Mar 22, 2001
  • Previous Sale Amount: $91,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAN HOME MORTGAGE CORP
  • First Mortgage Transaction Date: Mar 28, 2006
  • First Mortgage Loan Amount: $372,000
  • First Mortgage Terms: 360
  • First 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 Mortgage Loan Due Date: Apr 01, 2036

    Previous Mortgages

  • Previous Mortgage Lender: PARK MERIDIAN BANK
  • Previous Mortgage Transaction Date: Apr 16, 2001
  • Previous Mortgage Loan Amount: $92,000
  • Previous Mortgage Term: 12
  • Previous Mortgage Loan Due Date: Apr 12, 2002

About Mountain Island



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Frequently Asked Questions

What neighborhood is 5821 Mountain Point Lane located in?
The 5821 Mountain Point Lane is a house located in the neighborhood of Mountain Island in Mountain Island, Charlotte.
What is the average sales price for listings in 5821 Mountain Point Lane?
The average sales price for units in 5821 Mountain Point Lane is $0 currently.

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