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1311 Rising Oak Drive

1311 Rising Oak Drive, Charlotte, NC 28206
Property in Double Oaks
Sold Apr 28, 2005
$115,500
$63,600 by First Citizens Bank & Trust Co
Mortgage Due May 01, 2035
Sold Nov 16, 2004
$140,000
1311 Rising Oak Drive in Charlotte, NC was first built in 2005 and is 19 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a unknown style. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 1311 Rising Oak Drive has 1,344 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 5,184 square feet.

Learn more about the property and building on this page. There is a open porch and a patio. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of concrete. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a forced air unit and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter 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, 1311 Rising Oak Drive was last sold in Apr 22, 2005 for $115,500. According to our calculations, that's $85.94 per sqft. Prior to that sales transaction, the property was sold for $140,000 in Nov 10, 2004. Current property owners are expected to pay $2,410 in taxes per year. The property on 1311 Rising Oak Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $349,200. To break that down further, the land itself was valued at $80,000. While improvements to the property were assessed at a total of $269,200. 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. 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.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: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 1
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Unknown
  • Exterior Walls Type: Concrete
  • 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: 5,184
  • Total Building Area: 1,344
  • Gross Building Area: 1,344
  • Building Area: 1,344
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,344
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PARK/OAKLAWN
  • Land Acres: 0.119
  • Standard Land Use Code: Single family residential
  • Legal Description 1: L38 M39-429

Ownership

  • Current Owner : PAYNE ROBIN
  • Previous Owner : ARVIDA MID ATLANTIC HOMES INC
  • Owner Before Previous Owner: FAIRVIEW SINGLE FAMILY HOUSING LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Charlotte-Mecklenburg Schools
  • School Tax School District: CHARLOTTE
  • Census Tract: 005000

Zoning

  • Zoning: R-22MF

Geography

  • Assessors Map Reference: 075-10
  • District: 1
  • Parcel: 075-106-42
  • Block: 6
  • Lot: 38
  • Municipality: CHARLOTTE
  • Latitude: 35.2487
  • Longitude: -80.8389

    Address

  • Full Address: 1311 Rising Oak Dr
  • Address - House Number: 1311
  • Address - Street Name: Rising Oak
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Charlotte
  • Carrier Code: C002
  • 4-Digit Zip Code: 2989
  • Zip Code: 28206

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,410
  • Tax Rate Code Area: CITY OF CH

    Appraisal Valuation

  • Standard Deviation: 0.1863
  • Valuation Date: Apr 26, 2023
  • Confidence Score: 75
  • Final Value: 392,822
  • High Value: 466,043
  • Low Value: 319,602

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $104,065
  • First Open Lien Mortgage Lender: FIRST CITIZENS BANK & TRUST CO
  • First Open Lien Mortgage Recording Date: Apr 28, 2005
  • First Open Lien Mortgage Loan Amount: $63,600
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien 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.)
  • First Open Lien Mortgage Loan Due Date: May 01, 2035
  • Second Open Lien Mortgage Loan Amount: $40,465

    Market Valuation

  • Market Total Value: $349,200
  • Market Land Value: $80,000
  • Market Improvement Value: $269,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $349,200
  • Assessed Land Value: $80,000
  • Assessed Improvements Value: $269,200

    Sales

  • Current Sale Contract Date: Apr 22, 2005
  • Current Sale Recording Date: Apr 28, 2005
  • Current Sale Transaction ID: 1108994965
  • Current Sale Price: $115,500
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 2005076472
  • Previous Sale Recording Date: Nov 16, 2004
  • Previous Sale Contract Date: Nov 10, 2004
  • Previous Sale Amount: $140,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST CITIZENS BANK & TRUST CO
  • First Mortgage Transaction Date: Apr 28, 2005
  • First Mortgage Loan Amount: $63,600
  • First Mortgage Terms: 360
  • First 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.)
  • First Mortgage Loan Due Date: May 01, 2035
  • Second Mortgage Loan Amount: $40,465

About Double Oaks



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Frequently Asked Questions

What neighborhood is 1311 Rising Oak Drive located in?
The 1311 Rising Oak Drive is a located in the neighborhood of Double Oaks in Double Oaks, Charlotte.
What is the average sales price for listings in 1311 Rising Oak Drive?
The average sales price for units in 1311 Rising Oak Drive is $0 currently.

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