NOT LISTED FOR SALE

5501 Faulconbridge Rd Charlotte, NC 28227

Hickory Ridge Neighborhood

Estimated Value: $322,000 - $336,000

3 Beds
2 Baths
1,595 Sq Ft
$206/Sq Ft Est. Value

About This Home

This home is located at 5501 Faulconbridge Rd, Charlotte, NC 28227 and is currently estimated at $329,293, approximately $206 per square foot. 5501 Faulconbridge Rd is a home located in Mecklenburg County with nearby schools including J H Gunn Elementary, Albemarle Road Middle School, and Rocky River High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 21, 2001
Sold by
Song Chae Hun and Song Hyung Hwa
Bought by
Tesfay Kesete and Tekle Almaz
Current Estimated Value
$329,293

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,600
Outstanding Balance
$38,003
Interest Rate
6.97%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$291,290
Source: Public Records

Range of Values:

Collateral Analytics

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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

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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
Tesfay Kesete $122,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tesfay Kesete $97,600
Closed Tesfay Kesete $24,400
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 $2,480 $307,300 $65,000 $242,300
2024 $2,480 $307,300 $65,000 $242,300
2023 $2,393 $307,300 $65,000 $242,300
2022 $1,785 $172,000 $28,000 $144,000
2021 $1,774 $172,000 $28,000 $144,000
2020 $1,767 $172,000 $28,000 $144,000
2019 $1,751 $172,000 $28,000 $144,000
2018 $1,543 $112,000 $19,000 $93,000
2017 $1,513 $112,000 $19,000 $93,000
2016 $1,503 $112,000 $19,000 $93,000
2015 $1,492 $112,000 $19,000 $93,000
2014 $1,501 $123,900 $19,000 $104,900
Source: Public Records

Map

North Carolina Mecklenburg County Charlotte 28227 Hickory Ridge

5501 Faulconbridge Rd, Charlotte, NC

This home is located at 5501 Faulconbridge Rd, Charlotte, NC 28227 and is currently estimated at $329,293, approximately $206 per square foot. 5501 Faulconbridge Rd is a home located in Mecklenburg County with nearby schools including J H Gunn Elementary, Albemarle Road Middle School, and Rocky River High School.

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