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7026 Advocator Lane

7026 Advocator Lane, Charlotte, NC 28216
Property in Mountain Island
Sold Jul 21, 2020
$245,000
$240,984 by Loandepot.com Llc
Mortgage Due Jan 01, 2052
Sold Jan 06, 2017
Transfer
$133,063 by Franklin American Mortgage Co
Mortgage Due Feb 01, 2047
Local assessors in Charlotte, NC have categorized 7026 Advocator Lane as a residential type of property. The home was built in 2005 and is 19 years old. The property's lot size has been calculated to be 8,276 square feet. 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 7026 Advocator Lane has a total of 2,186 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 400 sqft. 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. 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. 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, 7026 Advocator Lane sold most recently in Jul 20, 2020 for a total of $245,000. If you work out the math, that's approximately a cost of $112.08 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 $2,188 in taxes each year. 7026 Advocator Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $345,500. If we break it down further, the land itself was valued at $75,000. Improvements to the property, however, were assessed at a total of $270,500. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.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: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Bedroom Count: 4
  • 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: 400
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,276
  • Total Building Area: 2,186
  • Gross Building Area: 2,186
  • Building Area: 2,186
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,186
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: KEENELAND
  • Land Acres: 0.19
  • Standard Land Use Code: Single family residential
  • Legal Description 1: L268 M40-91

Ownership

  • Current Owner : MUIRURI REUBEN
  • Current Owner 2: MUIRURI BRIGIDA MACK
  • Previous Owner : OSORIO DAVID STEPHEN
  • Previous Owner 2: OSORIO MARION ADELE
  • Owner Before Previous Owner: OSORIO DAVID STEPHEN
  • Owner Before Previous Owner 2: OSORIO MARION ADELE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Charlotte-Mecklenburg Schools
  • School Tax School District: CHARLOTTE
  • Census Tract: 006105

Zoning

  • Zoning: R-4

Geography

  • Assessors Map Reference: BK 33 PG 14
  • District: 1
  • Parcel: 033-147-40
  • Block: 7
  • Lot: 268
  • Municipality: CHARLOTTE
  • Latitude: 35.3426
  • Longitude: -80.9044

    Address

  • Full Address: 7026 Advocator Ln
  • Address - House Number: 7026
  • Address - Street Name: Advocator
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Charlotte
  • Carrier Code: R090
  • 4-Digit Zip Code: 5789
  • Zip Code: 28216

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,188
  • Tax Rate Code Area: CITY OF CH

    Appraisal Valuation

  • Standard Deviation: 0.1989
  • Valuation Date: Apr 26, 2023
  • Confidence Score: 73
  • Final Value: 389,722
  • High Value: 467,246
  • Low Value: 312,197

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $255,984
  • First Open Lien Mortgage Lender: LOANDEPOT.COM LLC
  • First Open Lien Mortgage Recording Date: Dec 29, 2021
  • First Open Lien Mortgage Loan Amount: $240,984
  • 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: Jan 01, 2052
  • Second Open Lien Mortgage Lender: TRULIANT FEDERAL CREDIT UNION
  • Second Open Lien Mortgage Recording Date: May 09, 2022
  • Second Open Lien Mortgage Loan Amount: $15,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: May 01, 2052

    Market Valuation

  • Market Total Value: $345,500
  • Market Land Value: $75,000
  • Market Improvement Value: $270,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $345,500
  • Assessed Land Value: $75,000
  • Assessed Improvements Value: $270,500

    Sales

  • Current Sale Contract Date: Jul 20, 2020
  • Current Sale Recording Date: Jul 21, 2020
  • Current Sale Transaction ID: 11776588136
  • Current Sale Price: $245,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020110640
  • Previous Sale Recording Date: Jan 06, 2017
  • Previous Sale Contract Date: Jan 03, 2017
  • Previous Sale Document Type: Intrafamily Transfer & Dissolution

    Last Sale Mortgage

  • First Mortgage Lender: HIGHLANDS RESIDENTIAL MORTGAGE
  • First Mortgage Transaction Date: Jul 21, 2020
  • First Mortgage Loan Amount: $240,562
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Aug 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: FRANKLIN AMERICAN MORTGAGE CO
  • Previous Mortgage Transaction Date: Jan 06, 2017
  • Previous Mortgage Loan Amount: $133,063
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Feb 01, 2047

About Mountain Island



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Frequently Asked Questions

What neighborhood is 7026 Advocator Lane located in?
The 7026 Advocator Lane is a located in the neighborhood of Mountain Island in Mountain Island, Charlotte.
What is the average sales price for listings in 7026 Advocator Lane?
The average sales price for units in 7026 Advocator Lane is $0 currently.

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