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961 East 7th Street

961 East 7th Street, Charlotte, NC 28204
Townhouse in First Ward
Sold Jun 28, 2019
$260,000
$193,000 by Cardinal Financial Company Lp
Mortgage Due Oct 01, 2036
Sold Apr 06, 2006
$200,000
$159,600 by Granite Mortgage Inc
Mortgage Due Apr 01, 2036
961 East 7th Street 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 2006 and is 18 years old. The home has a total of 2 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 3 stories. In addition, 961 East 7th Street has 988 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a unknown that is 361 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 165,528 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. 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 A by the local assessor. 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 heat pump and being fueled with electricity. There is a single fireplace in the home. Perfect for those wintery nights. 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, 961 East 7th Street was last sold in Jun 24, 2019 for $260,000. According to our calculations, that's $263.16 per sqft. Prior to that sales transaction, the property was sold for $200,000 in Apr 3, 2006. Current property owners are expected to pay $2,362 in taxes per year. The property on 961 East 7th Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $331,800. While improvements to the property were assessed at a total of $331,800. 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. 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!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.

Building Features

Exterior

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

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: A
  • Building Style: Unknown
  • Exterior Walls Type: Brick
  • Floor Count: 3
  • Living Units: 1
  • Basement Area: 361
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 165,528
  • Total Building Area: 988
  • Gross Building Area: 988
  • Building Area: 988
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 988
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: M STREET
  • Land Acres: 3.806
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: BLDG 8 UNIT 151 U/F 779-1

Ownership

  • Current Owner : DONG RENREN
  • Current Owner 2: JIANG WENMIN
  • Previous Owner : MBS PARTNERS LLC
  • Owner Before Previous Owner: CENTRO DRAKEFORD LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Charlotte-Mecklenburg Schools
  • School Tax School District: CHARLOTTE
  • Census Tract: 000600

Zoning

  • Zoning: MUDD

Geography

  • Assessors Map Reference: 080-10
  • District: 1
  • Parcel: 080-101-14
  • Block: C
  • Lot: 95
  • Municipality: CHARLOTTE
  • Latitude: 35.223
  • Longitude: -80.8306

    Address

  • Full Address: 961 E 7th St
  • Legal Unit: 151
  • Address - House Number: 961
  • Street Direction: E
  • Address - Street Name: 7th
  • Address - Suffix Type: St
  • State: NC
  • City Name: Charlotte
  • Carrier Code: C004
  • 4-Digit Zip Code: 2012
  • Zip Code: 28204

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,362
  • Tax Rate Code Area: CITY OF CH

    Appraisal Valuation

  • Standard Deviation: 0.1747
  • Valuation Date: Apr 26, 2023
  • Confidence Score: 77
  • Final Value: 362,486
  • High Value: 425,832
  • Low Value: 299,139

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $193,000
  • First Open Lien Mortgage Lender: CARDINAL FINANCIAL COMPANY LP
  • First Open Lien Mortgage Recording Date: Sep 13, 2021
  • First Open Lien Mortgage Loan Amount: $193,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2036

    Market Valuation

  • Market Total Value: $331,800
  • Market Improvement Value: $331,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $331,800
  • Assessed Improvements Value: $331,800

    Sales

  • Current Sale Contract Date: Jun 24, 2019
  • Current Sale Recording Date: Jun 28, 2019
  • Current Sale Transaction ID: 11622002280
  • Current Sale Price: $260,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2019081043
  • Previous Sale Recording Date: Apr 06, 2006
  • Previous Sale Contract Date: Apr 03, 2006
  • Previous Sale Amount: $200,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: Jun 28, 2019
  • First Mortgage Loan Amount: $195,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: GRANITE MORTGAGE INC
  • Previous Mortgage Transaction Date: Apr 06, 2006
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $159,600
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • Previous Mortgage Loan Due Date: Apr 01, 2036

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Frequently Asked Questions

What neighborhood is 961 East 7th Street located in?
The 961 East 7th Street is a townhouse located in the neighborhood of First Ward in Uptown, Charlotte.
What is the average sales price for listings in 961 East 7th Street?
The average sales price for units in 961 East 7th Street is $0 currently.

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