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548 Lex Drive

548 Lex Drive, Charlotte, NC 28262
Sold Mar 01, 2007
$73,500
$73,500 by C & F Mortgage Corp
Mortgage Due Mar 01, 2037
Sold Mar 11, 1998
$71,000
$72,400 by Irwin Mtg Corp
Mortgage Due Mar 01, 2028
Local assessors in Charlotte, NC have categorized 548 Lex Drive as a residential type of property. The home was built in 1990 and is 34 years old. The property's lot size has been calculated to be 871 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a split level style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. 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 548 Lex Drive has a total of 1,242 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a unknown that is 108 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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. The building has a gable style roof that was made of asphalt. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source and it is being fueled with gas. The property was last sold in Feb 27, 2007 for $73,500. That's $59.18 per sqft. Prior to that sales transaction, the property was also sold in Feb 27, 1998 for $71,000. 548 Lex Drive was last assessed in 2023. The total value of the property was assessed at $211,700. Specifically, the land the property is located on was valued at $45,000. While improvements on the property were assessed at a total of $166,700. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $844. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1990
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Split level
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 108
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 871
  • Total Building Area: 1,242
  • Gross Building Area: 1,242
  • Building Area: 1,242
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,242
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ALEXANDER TOWNE MAP 02
  • Land Acres: 0.02
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: LB B14 M22-847

Ownership

  • Current Owner : MAZABOU DANY ROCK G
  • Previous Owner : GROOM JEFFREY ALAN
  • Previous Owner 2: GROOM BRIDGETTE A
  • Owner Before Previous Owner: PETERS DALE D
  • Owner Before Previous Owner 2: PETERS PENNY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Charlotte-Mecklenburg Schools
  • School Tax School District: CHARLOTTE
  • Census Tract: 005604

Zoning

  • Zoning: INST

Geography

  • Assessors Map Reference: 049-38
  • District: 1
  • Parcel: 049-384-22
  • Block: 14
  • Lot: B
  • Municipality: CHARLOTTE
  • Latitude: 35.3151
  • Longitude: -80.7303

    Address

  • Full Address: 548 Lex Dr
  • Address - House Number: 548
  • Address - Street Name: Lex
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Charlotte
  • Carrier Code: R087
  • 4-Digit Zip Code: 2581
  • Zip Code: 28262

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $844
  • Tax Rate Code Area: CITY OF CH

    Appraisal Valuation

  • Standard Deviation: 0.2025
  • Valuation Date: Apr 26, 2023
  • Confidence Score: 72
  • Final Value: 217,640
  • High Value: 261,713
  • Low Value: 173,567

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $73,500
  • First Open Lien Mortgage Lender: C & F MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Mar 01, 2007
  • First Open Lien Mortgage Loan Amount: $73,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2037

    Market Valuation

  • Market Total Value: $211,700
  • Market Land Value: $45,000
  • Market Improvement Value: $166,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $211,700
  • Assessed Land Value: $45,000
  • Assessed Improvements Value: $166,700

    Sales

  • Current Sale Contract Date: Feb 27, 2007
  • Current Sale Recording Date: Mar 01, 2007
  • Current Sale Transaction ID: 1108766282
  • Current Sale Price: $73,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2007042219
  • Previous Sale Recording Date: Mar 11, 1998
  • Previous Sale Contract Date: Feb 27, 1998
  • Previous Sale Amount: $71,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: C & F MORTGAGE CORP
  • First Mortgage Transaction Date: Mar 01, 2007
  • First Mortgage Loan Amount: $73,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Mar 01, 2037

    Previous Mortgages

  • Previous Mortgage Lender: IRWIN MTG CORP
  • Previous Mortgage Transaction Date: Mar 11, 1998
  • Previous Mortgage Loan Amount: $72,400
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Mar 01, 2028

About University City South



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Frequently Asked Questions

What neighborhood is 548 Lex Drive located in?
The 548 Lex Drive is a located in the neighborhood of University City South in University City South, Charlotte.
What is the average sales price for listings in 548 Lex Drive?
The average sales price for units in 548 Lex Drive is $0 currently.

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