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7615 Petrea Lane

7615 Petrea Lane, Charlotte, NC 28227
Property in Hickory Ridge
Sold Jul 28, 2003
$84,700
$67,120 by Sebring Capital Partners Lp
Mortgage Due Sep 01, 2033
Sold Nov 30, 1998
$103,500
$82,500 by Sunbelt Natl Mtg Corp
Mortgage Due Dec 01, 2028
Local assessors in Charlotte, NC have categorized 7615 Petrea Lane as a residential type of property. The home was built in 1998 and is 26 years old. The property's lot size has been calculated to be 1,742 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 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 7615 Petrea Lane has a total of 1,360 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 both a open porch and a patio so you'll have great options in both the front and 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 alum/vinyl siding 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. The property was last sold in Jun 24, 2003 for $84,700. That's $62.28 per sqft. Prior to that sales transaction, the property was also sold in Jan 1, 1970 for $103,500. 7615 Petrea Lane was last assessed in 2023. The total value of the property was assessed at $236,500. Specifically, the land the property is located on was valued at $70,000. While improvements on the property were assessed at a total of $166,500. 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 $1,143. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! 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: 1998
  • Effective Year Built: 1998
  • 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: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 1,742
  • Total Building Area: 1,360
  • Gross Building Area: 1,360
  • Building Area: 1,360
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,360
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LANDING/HICKORY GROVE
  • Land Acres: 0.04
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: L1406 M29-663

Ownership

  • Current Owner : FEDERAL NATIONAL MORTGAGE ASSOCIATION
  • Previous Owner : HAGLER HUDSON BEVERLY ANNE
  • Owner Before Previous Owner: PORTRAIT HOMES CONSTRUCTION CO
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Charlotte-Mecklenburg Schools
  • School Tax School District: CHARLOTTE
  • Census Tract: 001923

Zoning

  • Zoning: R-12MF(CD)

Geography

  • Assessors Map Reference: 109-15
  • District: 1
  • Parcel: 109-152-11
  • Block: 2
  • Lot: 1406
  • Municipality: CHARLOTTE
  • Latitude: 35.2176
  • Longitude: -80.7212

    Address

  • Full Address: 7615 Petrea Ln
  • Address - House Number: 7615
  • Address - Street Name: Petrea
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Charlotte
  • Carrier Code: C068
  • 4-Digit Zip Code: 1060
  • Zip Code: 28227

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,143
  • Tax Rate Code Area: CITY OF CH

    Appraisal Valuation

  • Standard Deviation: 0.1863
  • Valuation Date: Apr 26, 2023
  • Confidence Score: 75
  • Final Value: 264,001
  • High Value: 313,210
  • Low Value: 214,792

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $83,900
  • First Open Lien Mortgage Lender: SEBRING CAPITAL PARTNERS LP
  • First Open Lien Mortgage Recording Date: Sep 04, 2003
  • First Open Lien Mortgage Loan Amount: $67,120
  • 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: Sep 01, 2033
  • Second Open Lien Mortgage Loan Amount: $16,780

    Market Valuation

  • Market Total Value: $236,500
  • Market Land Value: $70,000
  • Market Improvement Value: $166,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $236,500
  • Assessed Land Value: $70,000
  • Assessed Improvements Value: $166,500

    Sales

  • Current Sale Contract Date: Jun 24, 2003
  • Current Sale Recording Date: Jul 28, 2003
  • Current Sale Transaction ID: 1197720939
  • Current Sale Price: $84,700
  • Current Sale Document Type: Trustee's Deed (Certificate of Title)
  • Current Sale Input Document Number: 2003169610
  • Previous Sale Recording Date: Nov 30, 1998
  • Previous Sale Amount: $103,500
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: SUNBELT NATL MTG CORP
  • Previous Mortgage Transaction Date: Nov 30, 1998
  • Previous Mortgage Loan Amount: $82,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Dec 01, 2028

About Hickory Ridge



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Frequently Asked Questions

What neighborhood is 7615 Petrea Lane located in?
The 7615 Petrea Lane is a located in the neighborhood of Hickory Ridge in Hickory Ridge, Charlotte.
What is the average sales price for listings in 7615 Petrea Lane?
The average sales price for units in 7615 Petrea Lane is $0 currently.

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