NOT LISTED FOR SALE

1116 Fairmont St Charlotte, NC 28216

Oaklawn Neighborhood

Estimated Value: $431,000 - $791,000

-- Bed
-- Bath
-- Sq Ft
0.5 Acres

About This Home

This home is located at 1116 Fairmont St, Charlotte, NC 28216 and is currently estimated at $667,048. 1116 Fairmont St is a home located in Mecklenburg County.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 14, 2023
Sold by
Tdc Oaklawn Park Llc
Bought by
Farrow Development Llc
Current Estimated Value
$667,048

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,000
Interest Rate
6.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 3, 2023
Sold by
Drakeford Robert T
Bought by
Tdc Oaklawn Park Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 26, 2022
Sold by
Hallmark Building Corporation
Bought by
Drakeford Robert T

Purchase Details

Closed on
Aug 27, 2021
Sold by
Avant Pauline and Avant Pauline L
Bought by
Drakeford Robert T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,036
Interest Rate
2.8%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Farrow Development Llc $625,000 None Listed On Document
Tdc Oaklawn Park Llc -- --
Tdc Oaklawn Park Llc -- None Listed On Document
Drakeford Robert T -- Norwood Armstrong & Stokes Pll
Drakeford Robert T -- None Listed On Document
Drakeford Robert T -- None Available
Drakeford Robert T $50,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Farrow Development Llc $200,000
Closed Farrow Development Llc $475,000
Closed Farrow Development Llc $100,000
Previous Owner Tdc Oaklawn Park Llc $350,000
Previous Owner Drakeford Robert T $52,036
Closed Drakeford Robert T $0
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $729 $96,300 $96,300 --
2023 $729 $90,800 $90,800 $0
2022 $290 $30,000 $30,000 $0
2021 $145 $15,000 $15,000 $0
2020 $145 $15,000 $15,000 $0
2019 $145 $15,000 $15,000 $0
2018 $131 $10,000 $10,000 $0
2017 $129 $10,000 $10,000 $0
2016 $129 $10,000 $10,000 $0
2015 $129 $10,000 $10,000 $0
2014 $128 $0 $0 $0
Source: Public Records

Map

North Carolina Mecklenburg County Charlotte 28216 Oaklawn

1116 Fairmont St, Charlotte, NC

This home is located at 1116 Fairmont St, Charlotte, NC 28216 and is currently estimated at $667,048. 1116 Fairmont St is a home located in Mecklenburg County.

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