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7322 Preakness Stakes Lane

7322 Preakness Stakes Lane, Charlotte, NC 28215
Property in Silverwood
Sold Oct 01, 1999
$112,000
$110,690 by Bank Of America
Mortgage Due Oct 01, 2029
7322 Preakness Stakes Lane in Charlotte, NC was first built in 1999 and is 25 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a unknown style. It is a single story home. 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 2 partial bathrooms. 7322 Preakness Stakes Lane has 1,197 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 7,841 square feet.

Learn more about the property and building on this page. There is a open porch and a patio. The home has a gable style roof made of asphalt. For those who need parking, there is a garage. The garage is 420 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, 7322 Preakness Stakes Lane sold most recently in Sep 28, 1999 for a total of $112,000. If you work out the math, that's approximately a cost of $93.57 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 $1,425 in taxes each year. 7322 Preakness Stakes Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $296,900. If we break it down further, the land itself was valued at $60,000. Improvements to the property, however, were assessed at a total of $236,900. The property's total market value has been marked the same as the total assessed value which is pretty typical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay 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: 1999
  • Effective Year Built: 1999
  • 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: Alum/Vinyl siding
  • 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
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 7,841
  • Total Building Area: 1,197
  • Gross Building Area: 1,197
  • Building Area: 1,197
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,197
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CEDAR LANE FARMS PH 01 MAP 04
  • Land Acres: 0.18
  • Standard Land Use Code: Single family residential
  • Legal Description 1: L96 M29-395

Ownership

  • Current Owner : BRAWNER BEULAH J
  • Previous Owner : THE MULVANEY GROUP LTD
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Charlotte-Mecklenburg Schools
  • School Tax School District: CHARLOTTE
  • Census Tract: 005617

Zoning

  • Zoning: R-3

Geography

  • Assessors Map Reference: 108-04
  • District: 1
  • Parcel: 108-047-27
  • Block: 7
  • Lot: 96
  • Municipality: CHARLOTTE
  • Latitude: 35.239
  • Longitude: -80.7122

    Address

  • Full Address: 7322 Preakness Stakes Ln
  • Address - House Number: 7322
  • Address - Street Name: Preakness Stakes
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Charlotte
  • Carrier Code: R152
  • 4-Digit Zip Code: 8202
  • Zip Code: 28215

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,425
  • Tax Rate Code Area: CITY OF CH

    Appraisal Valuation

  • Standard Deviation: 0.1863
  • Valuation Date: Apr 26, 2023
  • Confidence Score: 75
  • Final Value: 298,663
  • High Value: 354,333
  • Low Value: 242,993

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $110,690
  • First Open Lien Mortgage Lender: BANK OF AMERICA
  • First Open Lien Mortgage Recording Date: Oct 01, 1999
  • First Open Lien Mortgage Loan Amount: $110,690
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2029

    Market Valuation

  • Market Total Value: $296,900
  • Market Land Value: $60,000
  • Market Improvement Value: $236,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $296,900
  • Assessed Land Value: $60,000
  • Assessed Improvements Value: $236,900

    Sales

  • Current Sale Contract Date: Sep 28, 1999
  • Current Sale Recording Date: Oct 01, 1999
  • Current Sale Transaction ID: 1109283546
  • Current Sale Price: $112,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1999178734

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA
  • First Mortgage Transaction Date: Oct 01, 1999
  • First Mortgage Loan Amount: $110,690
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Oct 01, 2029

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Frequently Asked Questions

What neighborhood is 7322 Preakness Stakes Lane located in?
The 7322 Preakness Stakes Lane is a located in the neighborhood of Silverwood in Silverwood, Charlotte.
What is the average sales price for listings in 7322 Preakness Stakes Lane?
The average sales price for units in 7322 Preakness Stakes Lane is $0 currently.

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