5117 Allison Ln, Charlotte, NC, 28277

$3,745,000

Land

Location

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Property Highlights

Home TypeVacant Land
MLS #4091554
StatusActive

About 5117 Allison Ln

This exceptional and unique development opportunity is located in a highly desirable area that is exploding with growth. Assemblage of (3) parcels are included in listing. Parcels 22915304, 22915305 & 22915309. The land is part of an estate and all parcels must be sold together. Zoned N1-A. No showings of the homes; tenant occupied, DO NOT DISTURB! Homes are being sold As-Is. Value is in the land & location. Homes are currently on a well & septic system and can be connected to city sewer and water. This extraordinary opportunity is perfect for a builder, developer or investor looking for new construction/custom build residential development. No HOA, conveniently located at I-485 & Providence Rd., mins from Ballantyne, Blakeney, Providence Commons, Rea Farms, Stonecrest, Waverly, restaurants, shopping, office space, hospitality, medical facility, financial institutions & great schools. Don't miss this opportunity to create your vision in a South Charlotte neighborhood.

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,745,000

Tax Information:

  • Annual Amount: $1,530
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Charlotte, NC.

Med. Sold Price

$418.8K

Med. Price/SqFt

$238

Avg. Days On Market

32

# of Sold Homes

862

5117 Allison Ln vs Charlotte

347 DAYS ON ROCKET

+315 Days

$3,745,000

+$3.3M More

KEY TAKEAWAY

This property is $3.3M more than the Median Sold Price in Charlotte, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #4091554

Listing Office:

  • Office Name: Harris Realty LLC

IDX Listings courtesy of Canopy MLS as distributed by MLS GRID.

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/14/2024, 10:51:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$1,530$158,600
2020$1,117$158,600
2018$884$99,400

History based on county public records data.

Payment Calculator

$18.7K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$11.2K

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-255416
9
/10
  • Providence Spring Elementary School

  • 10045 Providence Church Ln

  • 1.00 miles

  • Public District Grades KG-5

school-card-donut-255417
9
/10
  • McKee Road Elementary School

  • 4101 McKee Rd

  • 1.14 miles

  • Public District Grades KG-5

school-card-donut-255418
9
/10
  • Polo Ridge Elementary School

  • 11830 Tom Short Rd

  • 1.58 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $71,502. The most common annual income of people living in Charlotte, NC is between $35k-100k. The majority of families are married, with kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Charlotte, NC

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

Types of housing in Charlotte, NC.

Charlotte's housing market is diverse, offering a range of options from high-rise apartments in the bustling Uptown area to spacious single-family homes in the quieter suburban neighborhoods. The architectural styles vary widely, with a mix of historic homes in areas like Myers Park, to contemporary new builds in the expanding outskirts. The market is dynamic, with a homeownership rate that reflects a healthy balance between owners and renters.

What is it like to live in Charlotte, NC?

Charlotte is celebrated for its vibrant mix of urban and suburban living, providing residents with a cosmopolitan atmosphere alongside pockets of peaceful residential areas. The city prides itself on its strong sense of community, with numerous local events and festivals throughout the year that highlight its cultural diversity and Southern hospitality.

Is it easy to get around Charlotte, NC without a car?

The community is served by a robust educational system, including a variety of public and private schools, catering to all levels of education. Healthcare is readily accessible, with several major hospitals and clinics offering a range of specialized services. Public libraries are well-distributed, supporting the community's educational needs. Retail and dining options are plentiful, reflecting the local culture with a blend of international cuisines and traditional Southern eateries.

Transportation in Charlotte, NC.

Charlotte's transport infrastructure is comprehensive, with a focus on both private and public transit options. The city's layout and road network facilitate easy commuting by car, while the public transportation system, including buses and light rail, offers alternatives for those without vehicles. The city is increasingly catering to cyclists and pedestrians, with ongoing efforts to improve walkability and bikeability in many neighborhoods.

Frequently Asked Questions About 5117 Allison Ln

What is the listing price of this property?

The listing price of 5117 Allison Ln property is $3,745,000.

What type of property is this?

The property 5117 Allison Ln is land located in Charlotte, North Carolina, 28277.

Is this property for sale now?

Active Listing: 5117 Allison Ln is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $1,530 (source: MLS/based on county public records data).
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Rocket HomesNorth CarolinaMecklenburg CountyCharlotte282775117 Allison Ln

This home is located at 5117 Allison Ln in Charlotte, NC and zip code 28277. It has been listed on Rocket Homes since December 03, 2023 and is currently priced at $3,745,000.

In October 2024, from all listings sold in Charlotte, NC there were more than 149 sold above asking price, over 476 sold below and more than 237 were sold right at the asked price. The inventory of homes for sale in Charlotte, NC between September 2024 and October 2024 increased by 3.6%. In October 2024 median list price was $418,847 and the average listing age was 32 days.

From Rocket Homes Real Estate and based on county public records data.

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