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5929 Waterelm Lane

5929 Waterelm Lane, Charlotte, NC 28269
Property in Ridgefield
Sold May 24, 2023
$507,000
Sold Apr 22, 2021
$410,000
$298,400 by Movement Mortgage
Mortgage Due May 01, 2051
5929 Waterelm 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 1995 and is 29 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, 5929 Waterelm Lane has 2,329 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 9,409 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 460 sqft. Residents will have the luxury of enjoying a open porch. 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. There is a single fireplace in the home. Perfect for those wintery nights. 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, 5929 Waterelm Lane was last sold in May 24, 2023 for $507,000. According to our calculations, that's $217.69 per sqft. Prior to that sales transaction, the property was sold for $410,000 in Apr 21, 2021. Current property owners are expected to pay $2,808 in taxes per year. The property on 5929 Waterelm Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $445,600. To break that down further, the land itself was valued at $105,000. While improvements to the property were assessed at a total of $340,600. 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. 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!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.

Building Features

Exterior

Vinyl Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 1995
  • 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: 460
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 9,409
  • Total Building Area: 2,329
  • Gross Building Area: 2,329
  • Building Area: 2,329
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,329
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RIDGEFIELD VILLAGE MAP 01 HLND CRK
  • Land Acres: 0.216
  • Standard Land Use Code: Single family residential
  • Legal Description 1: L48 B5 M25-861

Ownership

  • Current Owner : KRUEGER KENNETH B
  • Current Owner 2: DECLARAT PATRICIA
  • Previous Owner : HARKIN DAVID REED
  • Owner Before Previous Owner: HAVELKA RICHARD
  • Owner Before Previous Owner 2: HAVELKA GWEN
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Trustee/Conservator

Neighborhood

  • School District Name: Charlotte-Mecklenburg Schools
  • School Tax School District: CHARLOTTE
  • Census Tract: 005519

Zoning

  • Zoning: R-9PUD

Geography

  • Assessors Map Reference: 029-48
  • District: 1
  • Parcel: 029-484-48
  • Block: 5
  • Lot: 48
  • Municipality: CHARLOTTE
  • Latitude: 35.3763
  • Longitude: -80.7546

    Address

  • Full Address: 5929 Waterelm Ln
  • Address - House Number: 5929
  • Address - Street Name: Waterelm
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Charlotte
  • Carrier Code: R111
  • 4-Digit Zip Code: 9167
  • Zip Code: 28269

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,808
  • Tax Rate Code Area: CITY OF CH

    Appraisal Valuation

  • Standard Deviation: 0.0801
  • Valuation Date: Jun 21, 2023
  • Confidence Score: 94
  • Final Value: 498,071
  • High Value: 537,970
  • Low Value: 458,171

    Market Valuation

  • Market Total Value: $445,600
  • Market Land Value: $105,000
  • Market Improvement Value: $340,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $445,600
  • Assessed Land Value: $105,000
  • Assessed Improvements Value: $340,600

    Sales

  • Current Sale Contract Date: May 24, 2023
  • Current Sale Recording Date: May 24, 2023
  • Current Sale Transaction ID: 11907327564
  • Current Sale Price: $507,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 48240
  • Previous Sale Recording Date: Apr 22, 2021
  • Previous Sale Contract Date: Apr 21, 2021
  • Previous Sale Amount: $410,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: MOVEMENT MORTGAGE
  • Previous Mortgage Transaction Date: Apr 22, 2021
  • Previous Mortgage Loan Amount: $298,400
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: May 01, 2051

About Highland Creek



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Frequently Asked Questions

What neighborhood is 5929 Waterelm Lane located in?
The 5929 Waterelm Lane is a located in the neighborhood of Ridgefield in Highland Creek, Charlotte.
What is the average sales price for listings in 5929 Waterelm Lane?
The average sales price for units in 5929 Waterelm Lane is $0 currently.

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