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716 Amalfi Drive

716 Amalfi Drive, Davidson, NC 28036
Property in Mecklenburg
Sold Nov 17, 2020
$250,000
$500,000 by First Bank
Mortgage Due Mar 19, 2054
Sold Feb 07, 2020
$80,000
Local assessors in Davidson, NC have categorized 716 Amalfi Drive as a residential type of property. The home was built in 2021 and is 3 years old. The property's lot size has been calculated to be 8,364 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, 5 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 4 full bathrooms. There are also 5 partial bathrooms. This is a 3 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 716 Amalfi Drive has a total of 5,831 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. 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 - A. Lots of concrete 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. 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, 716 Amalfi Drive sold most recently in Nov 2, 2020 for a total of $250,000. If you work out the math, that's approximately a cost of $42.87 per sqft. Before that, the property was also sold for $80,000 in Feb 4, 2020. 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 $3,214 in taxes each year. The initial year of tax delinquency occurred in 2020. 716 Amalfi Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,484,700. If we break it down further, the land itself was valued at $294,000. Improvements to the property, however, were assessed at a total of $1,190,700. The property's total market value has been marked the same as the total assessed value which is pretty typical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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: 2021
  • Effective Year Built: 2021
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: Average
  • Building Quality: A
  • Exterior Walls Type: Concrete
  • Floor Count: 3
  • Basement Type: Unspecified basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,364
  • Total Building Area: 5,831
  • Gross Building Area: 5,831
  • Building Area: 5,831
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 5,831
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: DAVIDSON BAY PHASE 2
  • Land Acres: 0.192
  • Standard Land Use Code: Single family residential
  • Legal Description 1: L24 M70-436

Ownership

  • Current Owner : ENDERBY RICHARD D
  • Previous Owner : LE CAROLINA LLC
  • Owner Before Previous Owner: BEATY STREET DEVELOPMENT LLC

Neighborhood

  • School District Name: Charlotte-Mecklenburg Schools
  • School Tax School District: DAVIDSON
  • Census Tract: 006403

Zoning

  • Zoning: VI

Geography

  • Assessors Map Reference: 003-28
  • District: 2
  • Parcel: 003-285-34
  • Block: 5
  • Lot: 24
  • Municipality: DAVIDSON
  • Latitude: 35.5084
  • Longitude: -80.8544

    Address

  • Full Address: 716 Amalfi Dr
  • Address - House Number: 716
  • Address - Street Name: Amalfi
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Davidson
  • Carrier Code: R003
  • 4-Digit Zip Code: 6928
  • Zip Code: 28036

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,214
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: 03

    Appraisal Valuation

  • Standard Deviation: 0.1609
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 79
  • Final Value: 1,607,018
  • High Value: 1,865,671
  • Low Value: 1,348,365

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $500,000
  • First Open Lien Mortgage Lender: FIRST BANK
  • First Open Lien Mortgage Recording Date: Mar 19, 2024
  • First Open Lien Mortgage Loan Amount: $500,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Mar 19, 2054

    Market Valuation

  • Market Total Value: $1,484,700
  • Market Land Value: $294,000
  • Market Improvement Value: $1,190,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,484,700
  • Assessed Land Value: $294,000
  • Assessed Improvements Value: $1,190,700

    Sales

  • Current Sale Contract Date: Nov 02, 2020
  • Current Sale Recording Date: Nov 17, 2020
  • Current Sale Transaction ID: 11808041727
  • Current Sale Price: $250,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020193870
  • Previous Sale Recording Date: Feb 07, 2020
  • Previous Sale Contract Date: Feb 04, 2020
  • Previous Sale Amount: $80,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: LE CAROLINA LLC
  • First Mortgage Transaction Date: Nov 17, 2020
  • First Mortgage Loan Amount: $125,000
  • First Mortgage Terms: 12
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Nov 02, 2021

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Frequently Asked Questions

What neighborhood is 716 Amalfi Drive located in?
The 716 Amalfi Drive is a located in the neighborhood of Mecklenburg in Davidson, Davidson.
What is the average sales price for listings in 716 Amalfi Drive?
The average sales price for units in 716 Amalfi Drive is $0 currently.

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