NOT LISTED FOR SALE

1985 Carmel Rd Charlotte, NC 28226

Olde Providence Neighborhood

Estimated Value: $3,930,000 - $4,605,948

5 Beds
8 Baths
8,881 Sq Ft
$486/Sq Ft Est. Value

About This Home

This home is located at 1985 Carmel Rd, Charlotte, NC 28226 and is currently estimated at $4,311,987, approximately $485 per square foot. 1985 Carmel Rd is a home located in Mecklenburg County with nearby schools including Sharon Elementary, Carmel Middle, and South Mecklenburg High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 6, 2016
Sold by
U S Bank N A
Bought by
Austin Robert E and Austin Sabrina K
Current Estimated Value
$4,311,987

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,087,500
Outstanding Balance
$903,567
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$3,408,420

Purchase Details

Closed on
Feb 17, 2016
Sold by
Smart Carl A and Smart Danette O
Bought by
U S Bank N A

Purchase Details

Closed on
Jul 21, 2005
Sold by
Elrod Construction Co
Bought by
Smart Carl A and Smart Danette O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
5.75%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 2, 2004
Sold by
Wells Calvin T and Wells Elizabeth B
Bought by
Elrod Construction Co

Purchase Details

Closed on
Oct 25, 2002
Sold by
The Dabbs Family Ltd Partnership
Bought by
Elrod Construction Co and Wells Calvin T
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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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
Austin Robert E $1,450,000 None Available
U S Bank N A $2,205,000 None Available
Smart Carl A $2,895,000 --
Elrod Construction Co $382,000 --
Elrod Construction Co $354,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Austin Robert E $1,087,500
Previous Owner Smart Carl A $2,000,000
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
2025 -- $3,038,500 $607,900 $2,430,600
2024 -- $3,038,500 $607,900 $2,430,600
2023 $24,080 $3,367,400 $607,900 $2,759,500
2022 $24,080 $2,495,300 $377,400 $2,117,900
2021 $24,194 $2,495,300 $377,400 $2,117,900
2020 $24,187 $2,495,300 $377,400 $2,117,900
2019 $24,171 $2,495,300 $377,400 $2,117,900
2018 $22,670 $1,722,400 $397,400 $1,325,000
2017 $22,358 $2,205,600 $397,400 $1,808,200
2016 $28,603 $2,205,600 $397,400 $1,808,200
2015 $28,591 $2,205,600 $397,400 $1,808,200
2014 $28,391 $0 $0 $0
Source: Public Records

Map

North Carolina Mecklenburg County Charlotte 28226 Olde Providence

1985 Carmel Rd, Charlotte, NC

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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