NOT LISTED FOR SALE

401 Hempstead Place Charlotte, NC 28207

Eastover Neighborhood

Estimated Value: $5,901,000 - $7,610,392

5 Beds
8 Baths
11,970 Sq Ft
$551/Sq Ft Est. Value

About This Home

This home is located at 401 Hempstead Place, Charlotte, NC 28207 and is currently estimated at $6,590,797, approximately $550 per square foot. 401 Hempstead Place is a home located in Mecklenburg County with nearby schools including Eastover Elementary, Sedgefield Middle School, and Myers Park High.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 17, 2021
Sold by
Cummings Karen L and The Karen L Cummings Revocable
Bought by
Eliasek Ronald E and Eliasek Courtney
Current Estimated Value
$6,590,797

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,520,000
Outstanding Balance
$5,023,673
Interest Rate
1.87%
Mortgage Type
New Conventional
Estimated Equity
$2,103,087

Purchase Details

Closed on
Jun 16, 2020
Sold by
Cummings Karen L and Cummings Stephen E
Bought by
Cummings Karen L and The Karen L Cummings Revocable Trust

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
2.85%
Mortgage Type
New Conventional

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.

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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

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.

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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.

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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
Eliasek Ronald E $7,700,000 None Available
Eliasek Ronald E -- None Available
Cummings Karen L -- First American Mortgage Svcs
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eliasek Ronald E $5,520,000
Previous Owner Cummings Karen L $2,000,000
Previous Owner Cummings Stephen B $2,000,000
Previous Owner Cummings Stephen E $3,000,000
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
2023 $46,583 $6,318,900 $2,850,000 $3,468,900
2022 $42,318 $4,359,300 $2,080,000 $2,279,300
2021 $42,296 $4,359,300 $2,080,000 $2,279,300
2020 $42,282 $4,359,300 $2,080,000 $2,279,300
2019 $42,250 $4,359,300 $2,080,000 $2,279,300
2018 $45,325 $3,443,700 $1,200,800 $2,242,900
2017 $44,701 $3,443,700 $1,200,800 $2,242,900
2016 $44,629 $3,443,700 $1,200,800 $2,242,900
2015 $44,659 $3,443,700 $1,200,800 $2,242,900
2014 -- $3,662,400 $1,428,800 $2,116,100
Source: Public Records

Map

North Carolina Mecklenburg County Charlotte 28207 Eastover

401 Hempstead Place, Charlotte, NC

Homes for Sale in Charlotte, NC

This home is located at 401 Hempstead Place, Charlotte, NC 28207 and is currently estimated at $6,590,797, approximately $550 per square foot. 401 Hempstead Place is a home located in Mecklenburg County with nearby schools including Eastover Elementary, Sedgefield Middle School, and Myers Park High.

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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