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7522 Cornwallis Lane

7522 Cornwallis Lane, Charlotte, NC 28270
Property in Sardis Woods
Sold Mar 02, 2020
$290,000
$275,500 by Quicken Loans Inc
Mortgage Due Apr 01, 2050
Sold Nov 27, 2017
$250,000
$200,000 by Movement Mortgage
Mortgage Due Dec 01, 2047
7522 Cornwallis 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 1974 and is 50 years old. However, we must point out that the home was most recently renovated and altered in 1975. The home has a total of 8 rooms. 4 of these rooms are legally considered as 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, 7522 Cornwallis Lane has 2,064 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 16,117 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. Residents will have the luxury of enjoying both a open porch and a patio. 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 building has a gable style roof made of asphalt. 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 gas. 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, 7522 Cornwallis Lane was last sold in Mar 2, 2020 for $290,000. According to our calculations, that's $140.50 per sqft. Prior to that sales transaction, the property was sold for $250,000 in Nov 21, 2017. Current property owners are expected to pay $2,335 in taxes per year. The property on 7522 Cornwallis Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $422,800. To break that down further, the land itself was valued at $90,000. While improvements to the property were assessed at a total of $332,800. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 1974
  • Effective Year Built: 1975
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Unknown
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • 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: 16,117
  • Total Building Area: 2,064
  • Gross Building Area: 2,064
  • Building Area: 2,064
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,064
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HERITAGE WOODS EAST
  • Land Acres: 0.37
  • Standard Land Use Code: Single family residential
  • Legal Description 1: L42 M17-161

Ownership

  • Current Owner : DEANS SARAH
  • Previous Owner : WOODWARD MARK DANIEL
  • Previous Owner 2: WOODWARD MELISSA MARIE
  • Owner Before Previous Owner: COOK DAVID F
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Charlotte-Mecklenburg Schools
  • School Tax School District: CHARLOTTE
  • Census Tract: 005811

Zoning

  • Zoning: R-3

Geography

  • Assessors Map Reference: 213-10
  • District: 1
  • Parcel: 213-101-30
  • Block: 1
  • Lot: 42
  • Municipality: CHARLOTTE
  • Latitude: 35.1368
  • Longitude: -80.7651

    Address

  • Full Address: 7522 Cornwallis Ln
  • Address - House Number: 7522
  • Address - Street Name: Cornwallis
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Charlotte
  • Carrier Code: R044
  • 4-Digit Zip Code: 2779
  • Zip Code: 28270

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,335
  • Tax Rate Code Area: CITY OF CH

    Appraisal Valuation

  • Standard Deviation: 0.1839
  • Valuation Date: Apr 26, 2023
  • Confidence Score: 75
  • Final Value: 429,918
  • High Value: 509,015
  • Low Value: 350,822

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $275,500
  • First Open Lien Mortgage Lender: QUICKEN LOANS INC
  • First Open Lien Mortgage Recording Date: Mar 02, 2020
  • First Open Lien Mortgage Loan Amount: $275,500
  • 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: Apr 01, 2050

    Market Valuation

  • Market Total Value: $422,800
  • Market Land Value: $90,000
  • Market Improvement Value: $332,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $422,800
  • Assessed Land Value: $90,000
  • Assessed Improvements Value: $332,800

    Sales

  • Current Sale Contract Date: Mar 02, 2020
  • Current Sale Recording Date: Mar 02, 2020
  • Current Sale Transaction ID: 11744913130
  • Current Sale Price: $290,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020029504
  • Previous Sale Recording Date: Nov 27, 2017
  • Previous Sale Contract Date: Nov 21, 2017
  • Previous Sale Amount: $250,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: QUICKEN LOANS INC
  • First Mortgage Transaction Date: Mar 02, 2020
  • First Mortgage Loan Amount: $275,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: MOVEMENT MORTGAGE
  • Previous Mortgage Transaction Date: Nov 27, 2017
  • Previous Mortgage Loan Amount: $200,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Dec 01, 2047

About Sardis Woods



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 7522 Cornwallis Lane located in?
The 7522 Cornwallis Lane is a located in the neighborhood of Sardis Woods in Sardis Woods, Charlotte.
What is the average sales price for listings in 7522 Cornwallis Lane?
The average sales price for units in 7522 Cornwallis Lane is $0 currently.

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