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7318 Davis Road

7318 Davis Road, Charlotte, NC 28227
House in Mecklenburg
Sold Jul 08, 2020
$225,000
$230,175 by Summit Funding Inc
Mortgage Due Aug 01, 2050
Sold Oct 03, 1995
$74,000
Local assessors in Charlotte, NC have categorized 7318 Davis Road as a residential type of property. The home was built in 1973 and is 51 years old. It was most recently renovated and altered in 1975. The property's lot size has been calculated to be 26,123 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 5 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 7318 Davis Road has a total of 1,388 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. Do you like to entertain? The home has a patio so you'll have a great option in the back 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 brick 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 heat pump is the primary heating source and it is being fueled with electricity. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 7318 Davis Road was last sold in Jun 30, 2020 for $225,000. According to our calculations, that's $162.10 per sqft. Prior to that sales transaction, the property was sold for $74,000 in Oct 3, 1995. Current property owners are expected to pay $1,424 in taxes per year. The property on 7318 Davis Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $274,800. To break that down further, the land itself was valued at $76,300. While improvements to the property were assessed at a total of $198,500. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Brick Exterior

Driveway

Driveway
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1975
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Unknown
  • Exterior Walls Type: Brick
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 26,123
  • Total Building Area: 1,388
  • Gross Building Area: 1,388
  • Building Area: 1,388
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 1,388
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BRADFIELD FARMS PH 03 MAP 02
  • Land Acres: 0.6
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : LAPINSKY ELIJAH PARKER
  • Current Owner 2: LAPINSKY HALEE TRACE
  • Previous Owner : BUCHANAN DAVID LEE
  • Previous Owner 2: BUCHANAN ERIN
  • Owner Before Previous Owner: HINSON JEAN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Charlotte-Mecklenburg Schools
  • School Tax School District: MINT HILL
  • Census Tract: 005718

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: 137-04
  • District: 7
  • Parcel: 137-042-14
  • Block: 2
  • Lot: 14
  • Municipality: MINT HILL
  • Latitude: 35.1934
  • Longitude: -80.6745

    Address

  • Full Address: 7318 Davis Rd
  • Address - House Number: 7318
  • Address - Street Name: Davis
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Mint Hill
  • Carrier Code: R092
  • 4-Digit Zip Code: 4542
  • Zip Code: 28227

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,424
  • Tax Rate Code Area: MINT HILL

    Appraisal Valuation

  • Standard Deviation: 0.1994
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 73
  • Final Value: 356,303
  • High Value: 427,352
  • Low Value: 285,255

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $230,175
  • First Open Lien Mortgage Lender: SUMMIT FUNDING INC
  • First Open Lien Mortgage Recording Date: Jul 08, 2020
  • First Open Lien Mortgage Loan Amount: $230,175
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2050

    Market Valuation

  • Market Total Value: $274,800
  • Market Land Value: $76,300
  • Market Improvement Value: $198,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $274,800
  • Assessed Land Value: $76,300
  • Assessed Improvements Value: $198,500

    Sales

  • Current Sale Contract Date: Jun 30, 2020
  • Current Sale Recording Date: Jul 08, 2020
  • Current Sale Transaction ID: 11772127466
  • Current Sale Price: $225,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020102758
  • Previous Sale Recording Date: Oct 03, 1995
  • Previous Sale Contract Date: Oct 03, 1995
  • Previous Sale Amount: $74,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: SUMMIT FUNDING INC
  • First Mortgage Transaction Date: Jul 08, 2020
  • First Mortgage Loan Amount: $230,175
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Aug 01, 2050

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Frequently Asked Questions

What neighborhood is 7318 Davis Road located in?
The 7318 Davis Road is a house located in the neighborhood of Mecklenburg in Mint Hill, Charlotte.
What is the average sales price for listings in 7318 Davis Road?
The average sales price for units in 7318 Davis Road is $0 currently.

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