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6503 Farmlake Drive

6503 Farmlake Drive, Charlotte, NC 28227
House in Mecklenburg
Sold May 06, 2019
$340,000
$298,000 by Reliance First Capital Llc
Mortgage Due Dec 01, 2051
Sold Aug 30, 1995
$15,000
Local assessors in Charlotte, NC have categorized 6503 Farmlake Drive as a residential type of property. The home was built in 1995 and is 29 years old. The property's lot size has been calculated to be 50,094 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 2 full bathrooms. There are also 3 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 6503 Farmlake Drive has a total of 2,828 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 500 sqft. Do you like to entertain? The home has both a screened porch and a patio so you'll have great options in both the front and back of the home. 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 - C. The building has a hip style roof that was made of asphalt. Lots of alum/vinyl siding 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. The property was last sold in May 2, 2019 for $340,000. That's $120.23 per sqft. Prior to that sales transaction, the property was also sold in Aug 30, 1995 for $15,000. 6503 Farmlake Drive was last assessed in 2023. The total value of the property was assessed at $471,100. Specifically, the land the property is located on was valued at $99,000. While improvements on the property were assessed at a total of $372,100. 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 $2,760. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. 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 Venner Exterior
Vinyl Siding

Driveway

Driveway

Parking

Attached Garage
Open Parking
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: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Unknown
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Hip
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 500
  • Parking Space Count: 0
  • Patio Type: Patio
  • Porch Type: Screened porch

    Dimensions

  • Lot Size Square Feet: 50,094
  • Total Building Area: 2,828
  • Gross Building Area: 2,828
  • Building Area: 2,828
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,828
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ARBOR ESTATES
  • Land Acres: 1.15
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : GASHAREBA TESFA
  • Current Owner 2: HADEGE TENAGNE K
  • Previous Owner : CASAGRANDA BEVERY A
  • Owner Before Previous Owner: GARDNER JAMES M
  • Owner Before Previous Owner 2: GARDNER MERRIAN K
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Charlotte-Mecklenburg Schools
  • School Tax School District: MINT HILL
  • Census Tract: 005720

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: 135-23
  • District: 7
  • Parcel: 135-231-40
  • Block: 1
  • Lot: 40
  • Municipality: MINT HILL
  • Latitude: 35.1745
  • Longitude: -80.6958

    Address

  • Full Address: 6503 Farmlake Dr
  • Address - House Number: 6503
  • Address - Street Name: Farmlake
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Mint Hill
  • Carrier Code: R015
  • 4-Digit Zip Code: 9296
  • Zip Code: 28227

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,760
  • Tax Rate Code Area: MINT HILL

    Appraisal Valuation

  • Standard Deviation: 0.1831
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 76
  • Final Value: 551,010
  • High Value: 651,905
  • Low Value: 450,115

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $298,000
  • First Open Lien Mortgage Lender: RELIANCE FIRST CAPITAL LLC
  • First Open Lien Mortgage Recording Date: Nov 30, 2021
  • First Open Lien Mortgage Loan Amount: $298,000
  • 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: Dec 01, 2051

    Market Valuation

  • Market Total Value: $471,100
  • Market Land Value: $99,000
  • Market Improvement Value: $372,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $471,100
  • Assessed Land Value: $99,000
  • Assessed Improvements Value: $372,100

    Sales

  • Current Sale Contract Date: May 02, 2019
  • Current Sale Recording Date: May 06, 2019
  • Current Sale Transaction ID: 11607081285
  • Current Sale Price: $340,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2019053514
  • Previous Sale Recording Date: Aug 30, 1995
  • Previous Sale Contract Date: Aug 30, 1995
  • Previous Sale Amount: $15,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: RELIANCE FIRST CAPITAL LLC
  • First Mortgage Transaction Date: May 06, 2019
  • First Mortgage Loan Amount: $299,145
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jun 01, 2049

About Mint Hill



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Frequently Asked Questions

What neighborhood is 6503 Farmlake Drive located in?
The 6503 Farmlake Drive is a house located in the neighborhood of Mecklenburg in Mint Hill, Charlotte.
What is the average sales price for listings in 6503 Farmlake Drive?
The average sales price for units in 6503 Farmlake Drive is $0 currently.

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