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7601 Covey Chase Drive

7601 Covey Chase Drive, Charlotte, NC 28210
Property in Quail Hollow
Sold Jul 08, 2016
$403,000
$326,000 by Fairway Independent Mortgage C
Mortgage Due Aug 01, 2046
Sold Dec 02, 2011
$290,000
$232,000 by Usaa Fsb
Mortgage Due Jan 01, 2042
Local assessors in Charlotte, NC have categorized 7601 Covey Chase Drive as a residential type of property. The home was built in 1981 and is 43 years old. It was most recently renovated and altered in 1985. The property's lot size has been calculated to be 16,553 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 8 rooms in the home. Of these, 4 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 3 partial bathrooms. This is a 2 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 7601 Covey Chase Drive has a total of 2,569 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 550 sqft. 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 - B. The building has a hip 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 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. The property was last sold in Jul 8, 2016 for $403,000. That's $156.87 per sqft. Prior to that sales transaction, the property was also sold in Dec 2, 2011 for $290,000. 7601 Covey Chase Drive was last assessed in 2023. The total value of the property was assessed at $632,600. Specifically, the land the property is located on was valued at $200,000. While improvements on the property were assessed at a total of $432,600. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $3,846. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1981
  • Effective Year Built: 1985
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: B
  • Building Style: Unknown
  • Exterior Walls Type: Brick
  • Roof Shape Type: Hip
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 550
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 16,553
  • Total Building Area: 2,569
  • Gross Building Area: 2,569
  • Building Area: 2,569
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,569
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: QUAIL HOL ESTATES PH 02 MAP F
  • Land Acres: 0.38
  • Standard Land Use Code: Single family residential
  • Legal Description 1: L19 BD M19-418

Ownership

  • Current Owner : MAGEE V JOHN ALEXANDER
  • Previous Owner : SLOCUM ROBERT W
  • Previous Owner 2: SLOCUM AMANDA B
  • Owner Before Previous Owner: PARATORE MICHAEL J
  • Owner Before Previous Owner 2: MUSTER ERIN C
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Charlotte-Mecklenburg Schools
  • School Tax School District: CHARLOTTE
  • Census Tract: 003105

Zoning

  • Zoning: R-12PUD

Geography

  • Assessors Map Reference: 173-30
  • District: 1
  • Parcel: 173-302-01
  • Block: D
  • Lot: 19
  • Municipality: CHARLOTTE
  • Latitude: 35.1247
  • Longitude: -80.8633

    Address

  • Full Address: 7601 Covey Chase Dr
  • Address - House Number: 7601
  • Address - Street Name: Covey Chase
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Charlotte
  • Carrier Code: C032
  • 4-Digit Zip Code: 7203
  • Zip Code: 28210

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,846
  • Tax Rate Code Area: CITY OF CH

    Appraisal Valuation

  • Standard Deviation: 0.184
  • Valuation Date: Apr 26, 2023
  • Confidence Score: 75
  • Final Value: 697,132
  • High Value: 825,405
  • Low Value: 568,859

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $426,000
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Open Lien Mortgage Recording Date: Jul 08, 2016
  • First Open Lien Mortgage Loan Amount: $326,000
  • 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: Aug 01, 2046
  • Second Open Lien Mortgage Lender: FLAGSTAR BANK FSB
  • Second Open Lien Mortgage Recording Date: Mar 30, 2022
  • Second Open Lien Mortgage Loan Amount: $100,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Apr 01, 2052

    Market Valuation

  • Market Total Value: $632,600
  • Market Land Value: $200,000
  • Market Improvement Value: $432,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $632,600
  • Assessed Land Value: $200,000
  • Assessed Improvements Value: $432,600

    Sales

  • Current Sale Contract Date: Jul 08, 2016
  • Current Sale Recording Date: Jul 08, 2016
  • Current Sale Transaction ID: 1754829842
  • Current Sale Price: $403,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2016087323
  • Previous Sale Recording Date: Dec 02, 2011
  • Previous Sale Contract Date: Dec 02, 2011
  • Previous Sale Amount: $290,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Mortgage Transaction Date: Jul 08, 2016
  • First Mortgage Loan Amount: $326,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2046

    Previous Mortgages

  • Previous Mortgage Lender: USAA FSB
  • Previous Mortgage Transaction Date: Dec 02, 2011
  • Previous Mortgage Loan Amount: $232,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jan 01, 2042

About Quail Hollow



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Frequently Asked Questions

What neighborhood is 7601 Covey Chase Drive located in?
The 7601 Covey Chase Drive is a located in the neighborhood of Quail Hollow in Quail Hollow, Charlotte.
What is the average sales price for listings in 7601 Covey Chase Drive?
The average sales price for units in 7601 Covey Chase Drive is $0 currently.

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