NOT LISTED FOR SALE

5026 Fairlawn Crescent Ct Charlotte, NC 28226

Montibello Neighborhood

Estimated Value: $1,303,057 - $1,443,000

4 Beds
4.5 Baths
3,680 Sq Ft
$367/Sq Ft Est. Value

Last Sold October 30, 2019

Last sale price $795,000 $216 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $7,977/month

116 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Walk-In Closet
  • Sharon Elementary Rated A-
  • Attached Garage
  • Kitchen Island

About This Home

As of October 2019

Well-maintained corner lot 4-bedroom home in desirable Carmel Crescent. Hardwoods, heavy molding, and plantation shutters throughout main. Family room with tasteful built-ins and gas fireplace. Kitchen boasts newer SS appliances, granite counters, and pull-up seating area for casual dining. One bedroom suite on main, with 3 additional beds up (including master). Master bedroom is sizable and features a large bathroom, walk-in closet and access to walk-in attic storage. Private driveway (many are shared in this neighborhood) and an attached 2-car garage. Nice patio with mature landscaping and koi pond. Although the house has its own flat, grassy yard, the property also features a community green area next door for those looking for more space to play outside. New roof (May 2019).

Last Agent to Sell the Property

Chris Carey

Mackey Realty LLC License #272810 Listed on: 05/15/2019

Last Buyer's Agent

Brownie Rogers

COMPASS License #213371

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1996

Lot Details

  • Level Lot
  • Irrigation

HOA Fees

  • $258 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Traditional Architecture

Interior Spaces

  • Gas Log Fireplace
  • Insulated Windows
  • Crawl Space
  • Pull Down Stairs to Attic
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet

Listing and Financial Details

  • Assessor Parcel Number 211-631-28

Home Details

Home Type

Single Family

Year Built

Built in 1996

Lot Details

0

HOA Fees

$258 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Architectural Style: Traditional
  • Ratio Close Price By List Price: 0.94643
  • Ratio Close Price By Original Li: 0.94643
  • Ratio Current Price By Acre: 3975000.00
  • Ratio Current Price By Sq Ft: 216.03
  • Year Built: 1996
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space
  • Upper Level Sq Ft: 1821
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5.00
  • Total Bedrooms: 4
  • Doors and Windows: Insulated Windows
  • Equipment: Cable Prewire, Ceiling Fan(s), Cooktop Gas, Dishwasher, Disposal, Double Oven, Microwave, Natural Gas, Refrigerator
  • Fireplace Description: FAMILYRM, Gas Logs, Living Room, Primary Bedroom
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Attic Stairs Pulldown, Kitchen Island, Walk-In Closet(s)
  • Laundry Location: Upper, Closet
  • Room Count: 2
  • Main Level Sq Ft: 1859
  • Total Sq Ft: 3680
  • Sq Ft Unheated Main: 426
  • Sq Ft Unheated Total: 426

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built
  • Exterior Features: In-Ground Irrigation

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Driveway, Garage - 2 Car

Utilities

  • Heating: Central Air, Gas Hot Air Furnace
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Fee: 775.00
  • Association Fee Frequency: Quarterly
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Sharon
  • Middle School: Carmel
  • High School: Myers Park

Lot Info

  • Lot Features: Level
  • Lot Size Area: 0.200
  • Parcel Number: 211-631-28
  • Zoning Specification: R3

Tax Info

  • Tax Value: 768100.00
  • Tax Location: Charlotte

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2019
Closed on
Oct 21, 2019
Sold by
Wright Malcolm G and Wright Barbara A
Bought by
Hallinan James J
Seller's Agent
Chris Carey
Mackey Realty LLC
Buyer's Agent
Brownie Rogers
COMPASS
List Price
$840,000
Sold Price
$795,000
Premium/Discount to List
-$45,000
-5.36%
Current Estimated Value
$1,349,514

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$554,514
Avg. Annual Appreciation
9.38%
Original Mortgage
$385,000
Outstanding Balance
$339,373
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$1,010,141

Purchase Details

Closed on
Jul 17, 2003
Sold by
Laurent Daniel H and Laurent Sherry L
Bought by
Wright Malcolm G and Wright Barbara A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.2%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Hallinan James J $795,000 None Available
Wright Malcolm G $600,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hallinan James J $385,000
Previous Owner Wright Malcolm G $100,000
Previous Owner Laurent Daniel H $115,000
Previous Owner Laurent Daniel H $85,000
Previous Owner Laurent Daniel H $100,000
Previous Owner Laurent Daniel J $275,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2019 10/30/19 Sold $795,000 -5.4% $216 / Sq Ft
09/08/2019 09/08/19 Pending -- -- --
05/15/2019 05/15/19 For Sale $840,000 -- $228 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $7,118 $919,800 $215,000 $704,800
2024 $7,118 $919,800 $215,000 $704,800
2023 $6,886 $919,800 $215,000 $704,800
2022 $7,544 $768,800 $240,000 $528,800
2021 $7,533 $768,800 $240,000 $528,800
2020 $7,526 $768,100 $240,000 $528,100
2019 $7,504 $768,100 $240,000 $528,100
2018 $8,420 $636,200 $157,500 $478,700
2017 $8,298 $636,200 $157,500 $478,700
2016 $8,288 $636,200 $157,500 $478,700
2015 $8,277 $636,200 $157,500 $478,700
2014 $8,233 $636,200 $157,500 $478,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3506535

Canopy MLS (Canopy Realtor® Association)

APN: 211-631-28