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5838 Olivet Drive

5838 Olivet Drive, Charlotte, NC 28227
Property in Mecklenburg
Sold May 18, 2023
$269,000
$201,750 by Rocket Mortgage Llc
Mortgage Due Jun 01, 2053
Sold Apr 25, 2016
$83,000
5838 Olivet Drive in Charlotte, NC was first built in 1984 and is 40 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 unknown style. It is a single story home. There are a total of 5 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 5838 Olivet Drive has 1,176 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 27,443 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. The home has a gable style roof made of asphalt. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of materials we are unsure of. 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 gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in May 18, 2023 for $269,000. That's $228.74 per sqft. Prior to that sales transaction, the property was also sold in Apr 25, 2016 for $83,000. 5838 Olivet Drive was last assessed in 2023. The total value of the property was assessed at $273,400. Specifically, the land the property is located on was valued at $60,000. While improvements on the property were assessed at a total of $213,400. 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 $1,414. The initial tax year of delinquency was in 2022. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! 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.

Building Features

Exterior

Brick Exterior
Hardboard Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 1984
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Unknown
  • Exterior Walls Type: Other
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 27,443
  • Total Building Area: 1,176
  • Gross Building Area: 1,176
  • Building Area: 1,176
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,176
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: EDINBOROUGH WOODS MAP 01
  • Land Acres: 0.63
  • Standard Land Use Code: Single family residential
  • Legal Description 1: L12 B1 M20-401

Ownership

  • Current Owner : FADOK JOSEPH
  • Current Owner 2: RECICAR KALEIGH SAMANTHA
  • Previous Owner : KOLESNIK SERGEY
  • Previous Owner 2: KOLESNIK TAMILA
  • Owner Before Previous Owner: CLARK MELINDA S
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants
  • Vacant Flag Date: Oct 04, 2023

Neighborhood

  • School District Name: Charlotte-Mecklenburg Schools
  • School Tax School District: MINT HILL RURAL
  • Census Tract: 001917

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: 109-32
  • Parcel: 109-321-22
  • Block: 1
  • Lot: 12
  • Municipality: UNINC
  • Latitude: 35.1967
  • Longitude: -80.698

    Address

  • Full Address: 5838 Olivet Dr
  • Address - House Number: 5838
  • Address - Street Name: Olivet
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Charlotte
  • Carrier Code: C060
  • 4-Digit Zip Code: 1350
  • Zip Code: 28227

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,414
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 16

    Appraisal Valuation

  • Standard Deviation: 0.2083
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 71
  • Final Value: 286,988
  • High Value: 346,794
  • Low Value: 227,183

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $201,750
  • First Open Lien Mortgage Lender: ROCKET MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: May 18, 2023
  • First Open Lien Mortgage Loan Amount: $201,750
  • 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: Jun 01, 2053

    Market Valuation

  • Market Total Value: $273,400
  • Market Land Value: $60,000
  • Market Improvement Value: $213,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $273,400
  • Assessed Land Value: $60,000
  • Assessed Improvements Value: $213,400

    Sales

  • Current Sale Contract Date: May 18, 2023
  • Current Sale Recording Date: May 18, 2023
  • Current Sale Transaction ID: 11906921886
  • Current Sale Price: $269,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 46361
  • Previous Sale Recording Date: Apr 25, 2016
  • Previous Sale Contract Date: Apr 25, 2016
  • Previous Sale Amount: $83,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ROCKET MORTGAGE LLC
  • First Mortgage Transaction Date: May 18, 2023
  • First Mortgage Loan Amount: $201,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2053

About Mecklenburg



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9731 Chase View Drive, Matthews, NC, 28105 Listing by Daryl Procunier

Frequently Asked Questions

What neighborhood is 5838 Olivet Drive located in?
The 5838 Olivet Drive is a located in the neighborhood of Mecklenburg in Mecklenburg, Charlotte.
What is the average sales price for listings in 5838 Olivet Drive?
The average sales price for units in 5838 Olivet Drive is $0 currently.

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