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601 Berkeley Avenue

601 Berkeley Avenue, Charlotte, NC 28203
House in Dilworth
Sold Nov 01, 2019
$1,177,500
$1,000,000 by Truist Bank
Mortgage Due Jun 01, 2050
Sold Feb 15, 2019
$355,000
$650,000 by Newdominion Bank
Mortgage
601 Berkeley Avenue 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 1951 and is 73 years old. However, we must point out that the home was most recently renovated and altered in 1970. The home has a total of 4 bedrooms. Residents will have access to 3 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 2 stories. In addition, 601 Berkeley Avenue has 3,048 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 8,276 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 288 sqft. Residents will have the luxury of enjoying both a open porch and a patio. 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 A by the local assessor. The building has a hip style roof made of asphalt. The exterior walls of the building are made of brick. 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. 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, 601 Berkeley Avenue sold most recently in Nov 1, 2019 for a total of $1,177,500. If you work out the math, that's approximately a cost of $386.32 per sqft. Before that, the property was also sold for $355,000 in Feb 15, 2019. 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 $9,650 in taxes each year. 601 Berkeley Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,440,400. If we break it down further, the land itself was valued at $534,400. Improvements to the property, however, were assessed at a total of $906,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1951
  • Effective Year Built: 1970
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Quality: A
  • Building Style: Unknown
  • Exterior Walls Type: Brick
  • Roof Shape Type: Hip
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 288
  • Parking Space Count: 0
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 8,276
  • Total Building Area: 3,048
  • Gross Building Area: 3,048
  • Building Area: 3,048
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 3,048
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BERKELEY AVE
  • Land Acres: 0.19
  • Standard Land Use Code: Single family residential
  • Legal Description 1: L12 B24 M884-457

Ownership

  • Current Owner : WELLS CHRISTOPHER HAMILTON
  • Current Owner 2: CHANDLER ROSEMARY LAURAN
  • Previous Owner : MORRISON REAL ESTATE INVESTMENTS LLC
  • Owner Before Previous Owner: ROSENBAIM DELORES T
  • Owner Before Previous Owner 2: ROSENBAIM ROBERT
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Charlotte-Mecklenburg Schools
  • School Tax School District: CHARLOTTE
  • Census Tract: 003500

Zoning

  • Zoning: R-4 (HD)

Geography

  • Assessors Map Reference: 123-05
  • District: 1
  • Parcel: 123-057-01
  • Block: 24
  • Lot: 12
  • Municipality: CHARLOTTE
  • Latitude: 35.2132
  • Longitude: -80.851

    Address

  • Full Address: 601 Berkeley Ave
  • Address - House Number: 601
  • Address - Street Name: Berkeley
  • Address - Suffix Type: Ave
  • State: NC
  • City Name: Charlotte
  • Carrier Code: C015
  • 4-Digit Zip Code: 4501
  • Zip Code: 28203

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,650
  • Tax Rate Code Area: CITY OF CH

    Appraisal Valuation

  • Standard Deviation: 0.1832
  • Valuation Date: Apr 26, 2023
  • Confidence Score: 76
  • Final Value: 1,390,714
  • High Value: 1,645,520
  • Low Value: 1,135,909

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,000,000
  • First Open Lien Mortgage Lender: TRUIST BANK
  • First Open Lien Mortgage Recording Date: May 13, 2020
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,000,000
  • 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: Jun 01, 2050

    Market Valuation

  • Market Total Value: $1,440,400
  • Market Land Value: $534,400
  • Market Improvement Value: $906,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,440,400
  • Assessed Land Value: $534,400
  • Assessed Improvements Value: $906,000

    Sales

  • Current Sale Contract Date: Nov 01, 2019
  • Current Sale Recording Date: Nov 01, 2019
  • Current Sale Transaction ID: 11677810278
  • Current Sale Price: $1,177,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2019148935
  • Previous Sale Recording Date: Feb 15, 2019
  • Previous Sale Contract Date: Feb 15, 2019
  • Previous Sale Amount: $355,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: SUNTRUST BANK
  • First Mortgage Transaction Date: Nov 01, 2019
  • First Mortgage Loan Amount: $1,000,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2049

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: NEWDOMINION BANK
  • Previous Mortgage Transaction Date: Feb 15, 2019
  • Previous Mortgage Loan Amount: $650,000
  • Previous Mortgage Loan Type: Building or Construction Loan

About Dilworth



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at

$1,500 /mo

  • 1 Bed
  • 1 Bath
Listing by Manager

Frequently Asked Questions

What neighborhood is 601 Berkeley Avenue located in?
The 601 Berkeley Avenue is a house located in the neighborhood of Dilworth in Dilworth, Charlotte.
What is the average sales price for listings in 601 Berkeley Avenue?
The average sales price for units in 601 Berkeley Avenue is $0 currently.

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