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7325 Oakwood Lane

7325 Oakwood Lane, Charlotte, NC 28215
Property in Hickory Grove
Sold Aug 24, 2020
$280,500
$247,000 by Fifth Third Bank
Mortgage Due Sep 01, 2050
Sold Oct 17, 2016
$193,000
7325 Oakwood Lane has been categorized by the local assessors in Charlotte, NC as a residential type of property. The building on the property was first built in 1957 and is 67 years old. However, we must point out that the home was most recently renovated and altered in 1970. The home has a total of 3 bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. In addition, 7325 Oakwood Lane has 1,781 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 20,212 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 312 sqft. Residents will have the luxury of enjoying a screened porch. Moving on to the building itself. The condition of the building has been evaluated as average. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The building has a gable style roof made of asphalt. The exterior walls of the building are made of wood. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. 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, 7325 Oakwood Lane was last sold in Aug 13, 2020 for $280,500. According to our calculations, that's $157.50 per sqft. Prior to that sales transaction, the property was sold for $193,000 in Oct 17, 2016. Current property owners are expected to pay $1,785 in taxes per year. The property on 7325 Oakwood Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $358,400. To break that down further, the land itself was valued at $82,500. While improvements to the property were assessed at a total of $275,900. 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. 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.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1970
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Wood
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 312
  • Garage Type: Garage
  • Garage Square Area: 312
  • Parking Space Count: 0
  • Porch Type: Screened porch

    Dimensions

  • Lot Size Square Feet: 20,212
  • Total Building Area: 1,781
  • Gross Building Area: 1,781
  • Building Area: 1,781
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,781
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GROVE PARK MAP 06
  • Land Acres: 0.464
  • Standard Land Use Code: Single family residential
  • Legal Description 1: L3 & 4 BS M7-569

Ownership

  • Current Owner : SCHNEEBAUM JESSICA
  • Previous Owner : WILSON JOSHUA
  • Previous Owner 2: WILSON JESSICA MACK
  • Owner Before Previous Owner: HUGHES TRACY CHARLES
  • Owner Before Previous Owner 2: HUGHES CYNTHIA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Charlotte-Mecklenburg Schools
  • School Tax School District: CHARLOTTE
  • Census Tract: 001508

Zoning

  • Zoning: R-3

Geography

  • Assessors Map Reference: 107-16
  • District: 1
  • Parcel: 107-161-05
  • Block: S
  • Lot: 3,4
  • Municipality: CHARLOTTE
  • Latitude: 35.2411
  • Longitude: -80.7316

    Address

  • Full Address: 7325 Oakwood Ln
  • Address - House Number: 7325
  • Address - Street Name: Oakwood
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Charlotte
  • Carrier Code: C065
  • 4-Digit Zip Code: 3621
  • Zip Code: 28215

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,785
  • Tax Rate Code Area: CITY OF CH

    Appraisal Valuation

  • Standard Deviation: 0.1896
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 74
  • Final Value: 383,868
  • High Value: 456,676
  • Low Value: 311,060

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $247,000
  • First Open Lien Mortgage Lender: FIFTH THIRD BANK
  • First Open Lien Mortgage Recording Date: Aug 24, 2020
  • First Open Lien Mortgage Loan Amount: $247,000
  • 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: Sep 01, 2050

    Market Valuation

  • Market Total Value: $358,400
  • Market Land Value: $82,500
  • Market Improvement Value: $275,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $358,400
  • Assessed Land Value: $82,500
  • Assessed Improvements Value: $275,900

    Sales

  • Current Sale Contract Date: Aug 13, 2020
  • Current Sale Recording Date: Aug 24, 2020
  • Current Sale Transaction ID: 11786387745
  • Current Sale Price: $280,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020133307
  • Previous Sale Recording Date: Oct 17, 2016
  • Previous Sale Contract Date: Oct 17, 2016
  • Previous Sale Amount: $193,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIFTH THIRD BANK
  • First Mortgage Transaction Date: Aug 24, 2020
  • First Mortgage Loan Amount: $247,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2050

About Hickory Grove



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Frequently Asked Questions

What neighborhood is 7325 Oakwood Lane located in?
The 7325 Oakwood Lane is a located in the neighborhood of Hickory Grove in Hickory Grove, Charlotte.
What is the average sales price for listings in 7325 Oakwood Lane?
The average sales price for units in 7325 Oakwood Lane is $0 currently.

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