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7218 Morsey Court

7218 Morsey Court, Charlotte, NC 28269
Sold Feb 27, 2023
$395,000
$381,816 by Movement Mortgage, Llc
Mortgage Due Mar 01, 2053
Sold Oct 30, 2013
$139,000
$111,120 by Envoy Mortgage Ltd
Mortgage Due Nov 01, 2043
Local assessors in Charlotte, NC have categorized 7218 Morsey Court as a residential type of property. The home was built in 1992 and is 32 years old. The property's lot size has been calculated to be 15,246 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, 3 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 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 7218 Morsey Court has a total of 1,508 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 420 sqft. Do you like to entertain? The home has a open porch so you'll have a great option in the front 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 gable style roof that was made of asphalt. Lots of materials we are unsure of 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, 7218 Morsey Court sold most recently in Feb 17, 2023 for a total of $395,000. If you work out the math, that's approximately a cost of $261.94 per sqft. Before that, the property was also sold for $139,000 in Oct 29, 2013. 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 $1,877 in taxes each year. 7218 Morsey Court was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $325,800. If we break it down further, the land itself was valued at $85,000. Improvements to the property, however, were assessed at a total of $240,800. The property's total market value has been marked the same as the total assessed value which is pretty typical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1992
  • Effective Year Built: 1992
  • 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: Other
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 420
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 15,246
  • Total Building Area: 1,508
  • Gross Building Area: 1,508
  • Building Area: 1,508
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,508
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HUBBARD WOODS PH 01
  • Land Acres: 0.35
  • Standard Land Use Code: Single family residential
  • Legal Description 1: L51 B1 M24-970

Ownership

  • Current Owner : VIOLETTA DUHANOVA
  • Previous Owner : LORENZO MIRIAM I
  • Previous Owner 2: LORENZO NATHAN M
  • Owner Before Previous Owner: TEMPEST MARSHAIL
  • Owner Before Previous Owner 2: TEMPEST KATHERINE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Charlotte-Mecklenburg Schools
  • School Tax School District: CHARLOTTE
  • Census Tract: 005522

Zoning

  • Zoning: R-3

Geography

  • Assessors Map Reference: 027-50
  • District: 1
  • Parcel: 027-503-06
  • Block: 1
  • Lot: 51
  • Municipality: CHARLOTTE
  • Latitude: 35.3155
  • Longitude: -80.7947

    Address

  • Full Address: 7218 Morsey Ct
  • Address - House Number: 7218
  • Address - Street Name: Morsey
  • Address - Suffix Type: Ct
  • State: NC
  • City Name: Charlotte
  • Carrier Code: C053
  • 4-Digit Zip Code: 2196
  • Zip Code: 28269

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,877
  • Tax Rate Code Area: CITY OF CH

    Appraisal Valuation

  • Standard Deviation: 0.0801
  • Valuation Date: Jun 21, 2023
  • Confidence Score: 94
  • Final Value: 348,887
  • High Value: 376,835
  • Low Value: 320,938

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $381,816
  • First Open Lien Mortgage Lender: MOVEMENT MORTGAGE, LLC
  • First Open Lien Mortgage Recording Date: Feb 27, 2023
  • First Open Lien Mortgage Loan Amount: $381,816
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2053

    Market Valuation

  • Market Total Value: $325,800
  • Market Land Value: $85,000
  • Market Improvement Value: $240,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $325,800
  • Assessed Land Value: $85,000
  • Assessed Improvements Value: $240,800

    Sales

  • Current Sale Contract Date: Feb 17, 2023
  • Current Sale Recording Date: Feb 27, 2023
  • Current Sale Transaction ID: 11902728617
  • Current Sale Price: $395,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 16592
  • Previous Sale Recording Date: Oct 30, 2013
  • Previous Sale Contract Date: Oct 29, 2013
  • Previous Sale Amount: $139,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MOVEMENT MORTGAGE, LLC
  • First Mortgage Transaction Date: Feb 27, 2023
  • First Mortgage Loan Amount: $381,816
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Mar 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: ENVOY MORTGAGE LTD
  • Previous Mortgage Transaction Date: Oct 30, 2013
  • Previous Mortgage Loan Amount: $111,120
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 01, 2043

About Prosperity Church Road



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Frequently Asked Questions

What neighborhood is 7218 Morsey Court located in?
The 7218 Morsey Court is a located in the neighborhood of Prosperity Church Road in Prosperity Church Road, Charlotte.
What is the average sales price for listings in 7218 Morsey Court?
The average sales price for units in 7218 Morsey Court is $0 currently.

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