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929 Cantwell Street

929 Cantwell Street, Charlotte, NC 28208
Sold Sep 23, 2022
$1,200,000
$1,462,500 by Construction Loan Services Ii
Mortgage Due Jun 29, 2053
Sold Nov 21, 2017
$745,000
$558,750 by Wells Fargo Bank Na
Mortgage
Local assessors in Charlotte, NC have categorized 929 Cantwell Street as a residential type of property. The home was built in 1975 and is 49 years old. The property's lot size has been calculated to be 35,850 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a multifamily style. Now, let's dive a bit deeper into the details surrounding the home on the property. There is a single bedroom in the home. For more details, please view your local government regulations on what counts as a legal bedroom. 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 929 Cantwell Street has a total of 12,780 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. 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. Lots of wood were used in the construction of the exterior walls of the home. Residents rely on no air conditioning for their cooling system. The home's baseboard heaters is the primary heating source and it is being fueled with oil. 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, 929 Cantwell Street sold most recently in Sep 21, 2022 for a total of $1,200,000. If you work out the math, that's approximately a cost of $93.90 per sqft. Before that, the property was also sold for $745,000 in Nov 15, 2017. 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 $9,777 in taxes each year. 929 Cantwell Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,045,800. If we break it down further, the land itself was valued at $179,300. Improvements to the property, however, were assessed at a total of $866,500. The property's total market value has been marked the same as the total assessed value which is pretty typical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1975
  • Building Count: 3
  • Bedroom Count: 1
  • Bathroom Plumbing Fixtures: 30
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Multifamily
  • Exterior Walls Type: Wood
  • Floor Count: 2
  • Living Units: 6
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 35,850
  • Total Building Area: 12,780
  • Gross Building Area: 12,780
  • Building Area: 12,780
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Baseboard
  • Heated Square Feet: 12,780
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.823
  • Standard Land Use Code: Multi-family dwellings (generic, 2+)
  • Legal Description 1: L2 & 3 B1 M3-119 & LD & E & STRIP M759-579

Ownership

  • Current Owner : RLMR PROPERTIES LLC
  • Previous Owner : CANTWELL AND BRADFORD LLC
  • Owner Before Previous Owner: RASCAEL BYBEE DPI LLC
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Charlotte-Mecklenburg Schools
  • Census Tract: 004302

Zoning

  • Zoning: R5

Geography

  • Parcel: 063-075-09
  • Block: 1
  • Lot: 2,3
  • Municipality: CHARLOTTE
  • Latitude: 35.2593
  • Longitude: -80.8968

    Address

  • Full Address: 929 Cantwell St
  • Address - House Number: 929
  • Address - Street Name: Cantwell
  • Address - Suffix Type: St
  • State: NC
  • City Name: Charlotte
  • Carrier Code: C008
  • 4-Digit Zip Code: 2087
  • Zip Code: 28208

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $9,777
  • Tax Rate Code Area: CITY OF CH

    Appraisal Valuation

  • Standard Deviation: 0.3015
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 39
  • Final Value: 1,032,785
  • High Value: 1,344,234
  • Low Value: 721,335

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,462,500
  • First Open Lien Mortgage Lender: CONSTRUCTION LOAN SERVICES II
  • First Open Lien Mortgage Recording Date: Jun 29, 2023
  • First Open Lien Mortgage Loan Amount: $1,462,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Jun 29, 2053

    Market Valuation

  • Market Total Value: $1,045,800
  • Market Land Value: $179,300
  • Market Improvement Value: $866,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,045,800
  • Assessed Land Value: $179,300
  • Assessed Improvements Value: $866,500

    Sales

  • Current Sale Contract Date: Sep 21, 2022
  • Current Sale Recording Date: Sep 23, 2022
  • Current Sale Transaction ID: 11896914357
  • Current Sale Price: $1,200,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 134360
  • Previous Sale Recording Date: Nov 21, 2017
  • Previous Sale Contract Date: Nov 15, 2017
  • Previous Sale Amount: $745,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FTF LENDING LLC
  • First Mortgage Transaction Date: Sep 23, 2022
  • First Mortgage Loan Amount: $1,260,000
  • First Mortgage Terms: 8
  • First Mortgage Loan Type: Building or Construction Loan
  • First Mortgage Loan Due Date: Jun 22, 2023

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Nov 21, 2017
  • Previous Mortgage Loan Amount: $558,750
  • Previous Mortgage Loan Type: Commercial

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Frequently Asked Questions

What neighborhood is 929 Cantwell Street located in?
The 929 Cantwell Street is a located in the neighborhood of Thomasboro - Hoskins in Thomasboro - Hoskins, Charlotte.
What is the average sales price for listings in 929 Cantwell Street?
The average sales price for units in 929 Cantwell Street is $0 currently.

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