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6935 Kentucky Derby Drive

6935 Kentucky Derby Drive, Charlotte, NC 28215
Property in Silverwood
Sold May 10, 2019
$152,000
$172,800 by Rocket Mortgage Llc
Mortgage Due Sep 01, 2052
Sold May 21, 1999
$94,500
$93,661 by Dover Mtg Company
Mortgage Due Jun 01, 2029
6935 Kentucky Derby Drive 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 1999 and is 25 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, 6935 Kentucky Derby Drive has 1,133 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 8,451 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. 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 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. The property was last sold in May 10, 2019 for $152,000. That's $134.16 per sqft. Prior to that sales transaction, the property was also sold in May 21, 1999 for $94,500. 6935 Kentucky Derby Drive was last assessed in 2023. The total value of the property was assessed at $268,800. Specifically, the land the property is located on was valued at $60,000. While improvements on the property were assessed at a total of $208,800. 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 $1,286. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • 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
  • Parking Space Count: 0
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 8,451
  • Total Building Area: 1,133
  • Gross Building Area: 1,133
  • Building Area: 1,133
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,133
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CEDAR LANE FARMS PH1 MAP3 REV
  • Land Acres: 0.194
  • Standard Land Use Code: Single family residential
  • Legal Description 1: L22 M29-432

Ownership

  • Current Owner : SMITH JANET
  • Current Owner 2: SMITH BAXTER
  • Previous Owner : LOCKHART CLAUDETTA
  • Owner Before Previous Owner: THE MULVANEY GROUP LTD
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Charlotte-Mecklenburg Schools
  • School Tax School District: CHARLOTTE
  • Census Tract: 005617

Zoning

  • Zoning: R-3

Geography

  • Assessors Map Reference: 108-04
  • District: 1
  • Parcel: 108-046-30
  • Block: 6
  • Lot: 22
  • Municipality: CHARLOTTE
  • Latitude: 35.2373
  • Longitude: -80.7103

    Address

  • Full Address: 6935 Kentucky Derby Dr
  • Address - House Number: 6935
  • Address - Street Name: Kentucky Derby
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Charlotte
  • Carrier Code: R152
  • 4-Digit Zip Code: 6507
  • Zip Code: 28215

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,286
  • Tax Rate Code Area: CITY OF CH

    Appraisal Valuation

  • Standard Deviation: 0.2057
  • Valuation Date: Apr 26, 2023
  • Confidence Score: 72
  • Final Value: 278,034
  • High Value: 335,227
  • Low Value: 220,841

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $172,800
  • First Open Lien Mortgage Lender: ROCKET MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Sep 01, 2022
  • First Open Lien Mortgage Loan Amount: $172,800
  • 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: Sep 01, 2052

    Market Valuation

  • Market Total Value: $268,800
  • Market Land Value: $60,000
  • Market Improvement Value: $208,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $268,800
  • Assessed Land Value: $60,000
  • Assessed Improvements Value: $208,800

    Sales

  • Current Sale Contract Date: May 10, 2019
  • Current Sale Recording Date: May 10, 2019
  • Current Sale Transaction ID: 11608340087
  • Current Sale Price: $152,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2019056794
  • Previous Sale Recording Date: May 21, 1999
  • Previous Sale Contract Date: May 21, 1999
  • Previous Sale Amount: $94,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: QUICKEN LOANS INC
  • First Mortgage Transaction Date: May 10, 2019
  • First Mortgage Loan Amount: $114,810
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: DOVER MTG COMPANY
  • Previous Mortgage Transaction Date: May 21, 1999
  • Previous Mortgage Loan Amount: $93,661
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jun 01, 2029

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Frequently Asked Questions

What neighborhood is 6935 Kentucky Derby Drive located in?
The 6935 Kentucky Derby Drive is a located in the neighborhood of Silverwood in Silverwood, Charlotte.
What is the average sales price for listings in 6935 Kentucky Derby Drive?
The average sales price for units in 6935 Kentucky Derby Drive is $0 currently.

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