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702 Lumber Lane

702 Lumber Lane, Charlotte, NC 28214
Property in Coulwood West
Sold May 01, 2013
$155,000
$124,000 by Dhi Mortgage Company Ltd
Mortgage Due May 01, 2043
702 Lumber Lane in Charlotte, NC was first built in 2013 and is 11 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 702 Lumber Lane has 2,024 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 4,530 square feet.

Learn more about the property and building on this page. There is a open porch and a patio. For those who need parking, there is a garage. The garage is 440 sqft. 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 alum/vinyl siding. 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. 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, 702 Lumber Lane sold most recently in Apr 30, 2013 for a total of $155,000. If you work out the math, that's approximately a cost of $76.58 per sqft. 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 $1,988 in taxes each year. 702 Lumber Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $362,700. If we break it down further, the land itself was valued at $80,000. Improvements to the property, however, were assessed at a total of $282,700. The property's total market value has been marked the same as the total assessed value which is pretty typical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 2013
  • Effective Year Built: 2013
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 440
  • Parking Space Count: 0
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 4,530
  • Total Building Area: 2,024
  • Gross Building Area: 2,024
  • Building Area: 2,024
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,024
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CEDAR MILL PH 01 MAP 03
  • Land Acres: 0.104
  • Standard Land Use Code: Single family residential
  • Legal Description 1: L176 M47-699

Ownership

  • Current Owner : MCGHEE MICHAEL DENNIS
  • Previous Owner : D R HORTON INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Charlotte-Mecklenburg Schools
  • School Tax School District: CHARLOTTE
  • Census Tract: 006009

Zoning

  • Zoning: MX-2(INNOV

Geography

  • Assessors Map Reference: 031-05
  • District: 1
  • Parcel: 031-056-30
  • Block: 6
  • Lot: 176
  • Municipality: CHARLOTTE
  • Latitude: 35.2947
  • Longitude: -80.9655

    Address

  • Full Address: 702 Lumber Ln
  • Address - House Number: 702
  • Address - Street Name: Lumber
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Charlotte
  • Carrier Code: R058
  • 4-Digit Zip Code: 0043
  • Zip Code: 28214

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,988
  • Tax Rate Code Area: CITY OF CH

    Appraisal Valuation

  • Standard Deviation: 0.1863
  • Valuation Date: Apr 26, 2023
  • Confidence Score: 75
  • Final Value: 381,468
  • High Value: 452,572
  • Low Value: 310,364

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $124,000
  • First Open Lien Mortgage Lender: DHI MORTGAGE COMPANY LTD
  • First Open Lien Mortgage Recording Date: May 01, 2013
  • First Open Lien Mortgage Loan Amount: $124,000
  • 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: May 01, 2043

    Market Valuation

  • Market Total Value: $362,700
  • Market Land Value: $80,000
  • Market Improvement Value: $282,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $362,700
  • Assessed Land Value: $80,000
  • Assessed Improvements Value: $282,700

    Sales

  • Current Sale Contract Date: Apr 30, 2013
  • Current Sale Recording Date: May 01, 2013
  • Current Sale Transaction ID: 1108462346
  • Current Sale Price: $155,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 2013066614

    Last Sale Mortgage

  • First Mortgage Lender: DHI MORTGAGE COMPANY LTD
  • First Mortgage Transaction Date: May 01, 2013
  • First Mortgage Loan Amount: $124,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2043

About Coulwood West



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Frequently Asked Questions

What neighborhood is 702 Lumber Lane located in?
The 702 Lumber Lane is a located in the neighborhood of Coulwood West in Coulwood West, Charlotte.
What is the average sales price for listings in 702 Lumber Lane?
The average sales price for units in 702 Lumber Lane is $0 currently.

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