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8051 South Way Road

8051 South Way Road, Charlotte, NC 28215
Property in Oak Forest
Sold Dec 08, 2021
$409,000
$401,591 by United Wholesale Mortgage
Mortgage Due Jan 01, 2052
Sold Jul 05, 1979
Transfer
8051 South Way Road 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 1979 and is 45 years old. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 8051 South Way Road has 1,920 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 23,087 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown 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 480 sqft. Residents will have the luxury of enjoying a patio. 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 brick. 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 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, 8051 South Way Road was last sold in Dec 7, 2021 for $409,000. According to our calculations, that's $213.02 per sqft. Current property owners are expected to pay $1,735 in taxes per year. The property on 8051 South Way Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $283,400. To break that down further, the land itself was valued at $65,000. While improvements to the property were assessed at a total of $218,400. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1979
  • Effective Year Built: 1979
  • Building Count: 1
  • Bedroom Count: 0
  • 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
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 480
  • Parking Space Count: 0
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 23,087
  • Total Building Area: 1,920
  • Gross Building Area: 1,920
  • Building Area: 1,920
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,920
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: KING ACRES
  • Land Acres: 0.53
  • Standard Land Use Code: Single family residential
  • Legal Description 1: P1&2 B D M7-189 8051 SOUTH WAY

Ownership

  • Current Owner : MERCEDES RAMON AGUSTIN
  • Previous Owner : BIDDY CYNTHIA ALLEN
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Married Man as his sole & separate property

Neighborhood

  • School District Name: Charlotte-Mecklenburg Schools
  • School Tax School District: CHARLOTTE
  • Census Tract: 001507

Zoning

  • Zoning: R-4

Geography

  • Assessors Map Reference: 107-05
  • District: 1
  • Parcel: 107-052-10
  • Block: D
  • Lot: 10
  • Municipality: CHARLOTTE
  • Latitude: 35.2463
  • Longitude: -80.74

    Address

  • Full Address: 8051 S Way Rd
  • Address - House Number: 8051
  • Street Direction: S
  • Address - Street Name: Way
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Charlotte
  • Carrier Code: C068
  • 4-Digit Zip Code: 2744
  • Zip Code: 28215

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,735
  • Tax Rate Code Area: CITY OF CH

    Appraisal Valuation

  • Standard Deviation: 0.1863
  • Valuation Date: Apr 26, 2023
  • Confidence Score: 75
  • Final Value: 351,790
  • High Value: 417,362
  • Low Value: 286,218

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $401,591
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: Dec 08, 2021
  • First Open Lien Mortgage Loan Amount: $401,591
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2052

    Market Valuation

  • Market Total Value: $283,400
  • Market Land Value: $65,000
  • Market Improvement Value: $218,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $283,400
  • Assessed Land Value: $65,000
  • Assessed Improvements Value: $218,400

    Sales

  • Current Sale Contract Date: Dec 07, 2021
  • Current Sale Recording Date: Dec 08, 2021
  • Current Sale Transaction ID: 11874585284
  • Current Sale Price: $409,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021231508
  • Previous Sale Recording Date: Jul 05, 1979
  • Previous Sale Contract Date: Jul 05, 1979
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Mortgage Transaction Date: Dec 08, 2021
  • First Mortgage Loan Amount: $401,591
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jan 01, 2052

About Oak Forest



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Frequently Asked Questions

What neighborhood is 8051 South Way Road located in?
The 8051 South Way Road is a located in the neighborhood of Oak Forest in Oak Forest, Charlotte.
What is the average sales price for listings in 8051 South Way Road?
The average sales price for units in 8051 South Way Road is $0 currently.

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