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8322 Candlenut Lane

8322 Candlenut Lane, Charlotte, NC 28215
Property in Silverwood
Sold May 25, 2023
$340,000
$315,000 by Bank Of America, N.a.
Mortgage Due Jun 01, 2053
Sold Mar 27, 2023
$288,500
8322 Candlenut 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 2017 and is 7 years old. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 8322 Candlenut Lane has 1,888 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 3,311 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. 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 exterior walls of the building are made of alum/vinyl siding. 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. 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, 8322 Candlenut Lane sold most recently in May 12, 2023 for a total of $340,000. If you work out the math, that's approximately a cost of $180.08 per sqft. Before that, the property was also sold for $288,500 in Mar 24, 2023. 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 $1,924 in taxes each year. 8322 Candlenut Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $338,700. If we break it down further, the land itself was valued at $71,300. Improvements to the property, however, were assessed at a total of $267,400. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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!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.

Building Features

Exterior

Vinyl Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2017
  • Effective Year Built: 2017
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,311
  • Total Building Area: 1,888
  • Gross Building Area: 1,888
  • Building Area: 1,888
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,888
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: KINGSTREE
  • Land Acres: 0.076
  • Standard Land Use Code: Single family residential
  • Legal Description 1: L40 M60-977

Ownership

  • Current Owner : MOHAMMED MOHAMMED I I
  • Current Owner 2: MOHAMMED ISMAEL HALIMA
  • Previous Owner : OPENDOOR PROPERTY TRUST
  • Owner Before Previous Owner: DEBRUE TESHANA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Charlotte-Mecklenburg Schools
  • School Tax School District: CHARLOTTE
  • Census Tract: 005626

Geography

  • Assessors Map Reference: BK 108 PG 21
  • District: 1
  • Parcel: 108-214-40
  • Block: 4
  • Lot: 40
  • Municipality: CHARLOTTE
  • Latitude: 35.2268
  • Longitude: -80.6853

    Address

  • Full Address: 8322 Candlenut Ln
  • Address - House Number: 8322
  • Address - Street Name: Candlenut
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Charlotte
  • Carrier Code: C062
  • 4-Digit Zip Code: 7620
  • Zip Code: 28215

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,924
  • Tax Rate Code Area: CITY OF CH

    Appraisal Valuation

  • Standard Deviation: 0.0801
  • Valuation Date: Jun 21, 2023
  • Confidence Score: 94
  • Final Value: 338,622
  • High Value: 365,749
  • Low Value: 311,496

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $315,000
  • First Open Lien Mortgage Lender: BANK OF AMERICA, N.A.
  • First Open Lien Mortgage Recording Date: May 25, 2023
  • First Open Lien Mortgage Loan Amount: $315,000
  • 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: Jun 01, 2053

    Market Valuation

  • Market Total Value: $338,700
  • Market Land Value: $71,300
  • Market Improvement Value: $267,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $338,700
  • Assessed Land Value: $71,300
  • Assessed Improvements Value: $267,400

    Sales

  • Current Sale Contract Date: May 12, 2023
  • Current Sale Recording Date: May 25, 2023
  • Current Sale Transaction ID: 11907609071
  • Current Sale Price: $340,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 48884
  • Previous Sale Recording Date: Mar 27, 2023
  • Previous Sale Contract Date: Mar 24, 2023
  • Previous Sale Amount: $288,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA, N.A.
  • First Mortgage Transaction Date: May 25, 2023
  • First Mortgage Loan Amount: $315,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2053

About Silverwood



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Frequently Asked Questions

What neighborhood is 8322 Candlenut Lane located in?
The 8322 Candlenut Lane is a located in the neighborhood of Silverwood in Silverwood, Charlotte.
What is the average sales price for listings in 8322 Candlenut Lane?
The average sales price for units in 8322 Candlenut Lane is $0 currently.

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