NOT LISTED FOR SALE

5608 Lancelot Dr Unit 10 Charlotte, NC 28270

Providence Neighborhood

Estimated Value: $484,035 - $655,000

1.16 Acres
$471,128 Price per Acre
50,530 Sq Ft Lot

Last Sold May 02, 2022

Last sale price $415,000

Est. 32% increase in value since last sale

Current estimated payment $3,103/month

5 Days on Market

Highlights

  • Wooded Lot
  • Providence Spring Elementary Rated A-
  • Access to stream, creek or river

About This Lot

As of May 2022

Currently, the ONLY LOT FOR SALE in the DESIRABLE NEIGHBORHOOD of Providence Plantation.
This 1.16 acre lot is awaiting you and all your dreams. This is a Residential Neighborhood with optional HOA dues. This lot backs up to a creek. The Home is located in one of the most desirable school zones for Charlotte-Mecklenburg schools: Providence Springs Elementary, Crestdale Middle and Providence High School. This neighborhood awaits you!

Highest and Best Price by Saturday 4/02 at 5 PM.
Decision will be made by 4/03 at 5 PM.

Last Agent to Sell the Property

Mary Newsome

EXP Realty LLC License #332157 Listed on: 03/27/2022

EXP Realty LLC

Last Buyer's Agent

Kristen Bernard

Keller Williams South Park License #259162

Keller Williams South Park

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,439

Lot Details

  • Wooded Lot
  • Possible uses of the property include Residential
  • Zoning described as R3

Schools

  • Providence Springs Elementary School
  • Crestdale Middle School
  • Providence High School

Listing and Financial Details

  • Assessor Parcel Number L10 B3 M11-213

Community Details

Overview

  • Providence Plantation Subdivision

Recreation

  • Access to stream, creek or river

Property Details

Property Type

Land

Est. Annual Taxes

$2,439

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Lots/Acres/Farms
  • Habitable Residence Yn: No
  • Ratio Current Price By Acre: 357758.62
  • Restrictions: Modular Not Allowed,No Representation
  • Structure Type: Acreage
  • ResoPropertyType: Land
  • Special Features: None

Interior Features

  • Fixture Exception Yn: 0
  • Possible Use: Residential

Exterior Features

  • Tax Location: Charlotte

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Middle Or Junior School: Crestdale
  • HOA Subject To: Optional

Lot Info

  • Lot Features: Creek/Stream, Wooded, Wooded
  • Lot Size Area: 1.16
  • Lot Size Units: Acres
  • Parcel Number: L10 B3 M11-213
  • Out Buildings Yn: 0
  • Plat Reference Section Pages: 78
  • Zoning Description: R3

Tax Info

  • RATIO List Price By Tax Amount: 2.05867

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Providence Springs
  • High School: Providence

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 17, 2018
Sold by
Hamel Reginald S and Hamel Myrna F
Bought by
Corkey Jon A and Corkey Aimee L
Total Days on Market
5
Current Estimated Value
$546,509

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Outstanding Balance
$119,301
Interest Rate
4.49%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$460,697

Purchase Details

Closed on
Oct 19, 1971
Bought by
Hamel Reginald S and Hamel Myrna F
Source: Public Records

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Range of Values:

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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
Corkey Jon A $240,000 None Available
Hamel Reginald S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Corkey Jon A $180,000
Previous Owner Hamel Reginald S $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2022 05/02/22 Sold $415,000 +3.8% --
04/01/2022 04/01/22 Pending -- -- --
03/27/2022 03/27/22 For Sale $400,000 -- --
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
2023 $2,439 $332,500 $332,500 $0
2022 $1,875 $194,300 $194,300 $0
2021 $1,875 $194,300 $194,300 $0
2020 $1,875 $194,300 $194,300 $0
2019 $1,875 $194,300 $194,300 $0
2018 $1,417 $108,000 $108,000 $0
2017 $1,398 $108,000 $108,000 $0
2016 $1,398 $108,000 $108,000 $0
2015 $1,398 $108,000 $108,000 $0
2014 $1,541 $120,000 $120,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3843288

Canopy MLS (Canopy Realtor® Association)

APN: 227-101-10