2540 Commonwealth Ave Charlotte, NC 28205
Commonwealth NeighborhoodEstimated Value: $517,000 - $611,000
3
Beds
2
Baths
1,440
Sq Ft
$392/Sq Ft
Est. Value
About This Home
This home is located at 2540 Commonwealth Ave, Charlotte, NC 28205 and is currently estimated at $563,959, approximately $391 per square foot. 2540 Commonwealth Ave is a home located in Mecklenburg County with nearby schools including Oakhurst STEAM Academy, Eastway Middle School, and Garinger High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 25, 2023
Sold by
King Jeremy E and King Heather M
Bought by
Nelson James Lowell
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Outstanding Balance
$512,195
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$51,764
Purchase Details
Closed on
Apr 9, 1998
Sold by
Anaya Pablo G and Rea Rocio Rea
Bought by
King Jeremy E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,698
Interest Rate
7.14%
Mortgage Type
VA
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Nelson James Lowell | $525,000 | None Listed On Document | |
| Nelson James Lowell | $525,000 | None Listed On Document | |
| King Jeremy E | $90,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Nelson James Lowell | $525,000 | |
| Closed | Nelson James Lowell | $525,000 | |
| Previous Owner | King Jeremy E | $91,698 |
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 | -- | $415,200 | $243,800 | $171,400 |
| 2024 | -- | $415,200 | $243,800 | $171,400 |
| 2023 | $3,082 | $415,200 | $243,800 | $171,400 |
| 2022 | $3,082 | $306,400 | $196,000 | $110,400 |
| 2021 | $3,071 | $306,400 | $196,000 | $110,400 |
| 2020 | $3,064 | $306,400 | $196,000 | $110,400 |
| 2019 | $3,048 | $355,400 | $245,000 | $110,400 |
| 2018 | $2,607 | $193,100 | $80,000 | $113,100 |
| 2017 | $2,562 | $193,100 | $80,000 | $113,100 |
| 2016 | $2,553 | $193,100 | $80,000 | $113,100 |
| 2015 | $2,541 | $193,100 | $80,000 | $113,100 |
| 2014 | $2,542 | $193,100 | $80,000 | $113,100 |
Source: Public Records
Map
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