NOT LISTED FOR SALE

3029 Carmel Rd Charlotte, NC 28226

Montibello Neighborhood

Estimated Value: $1,888,000 - $2,362,000

4 Beds
6 Baths
5,000 Sq Ft
$416/Sq Ft Est. Value

About This Home

This home is located at 3029 Carmel Rd, Charlotte, NC 28226 and is currently estimated at $2,080,787, approximately $416 per square foot. 3029 Carmel Rd is a home located in Mecklenburg County with nearby schools including Beverly Woods Elementary, Carmel Middle, and South Mecklenburg High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 13, 2011
Sold by
Redus Charlotte Housing Llc
Bought by
Favaro Justin P and Russo Cheryl A
Current Estimated Value
$2,080,787

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$465,000
Outstanding Balance
$318,125
Interest Rate
4.24%
Mortgage Type
New Conventional
Estimated Equity
$1,762,662

Purchase Details

Closed on
Mar 17, 2009
Sold by
Torch Enterprises Llc
Bought by
Redus Charlotte Housing Llc

Purchase Details

Closed on
Oct 12, 2007
Sold by
Torch Enterprises Llc
Bought by
Carmel Road Development Investors Llc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Favaro Justin P $620,000 None Available
Redus Charlotte Housing Llc $1,090,000 None Available
Carmel Road Development Investors Llc -- Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Favaro Justin P $465,000
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
2025 -- $1,652,500 $375,000 $1,277,500
2024 -- $1,652,500 $375,000 $1,277,500
2023 $9,711 $1,652,500 $375,000 $1,277,500
2022 $9,711 $993,300 $337,500 $655,800
2021 $9,700 $993,300 $337,500 $655,800
2020 $9,693 $993,600 $337,500 $656,100
2019 $9,680 $993,600 $337,500 $656,100
2018 $8,680 $656,000 $175,500 $480,500
2017 $8,554 $656,000 $175,500 $480,500
2016 $8,545 $656,000 $175,500 $480,500
2015 $8,533 $656,000 $175,500 $480,500
2014 $8,562 $661,800 $175,500 $486,300
Source: Public Records

Map

North Carolina Mecklenburg County Charlotte 28226 Montibello

3029 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.

Nearby Homes