520 Lawrence Gray Rd, Charlotte, NC, 28262

$800,000

Land

Location

Image provided by Mapbox

Property Highlights

Home TypeVacant Land
MLS #4179423
StatusAccepting Backup Offers
(Active Under Contract)

About 520 Lawrence Gray Rd

Builders, come take advantage of this prime location area to build multiple homes. This 3.24 acres is located right by Mallard Creek and 485. This land is zoned for single family residential but according to Char Meck Zoning, could support up to tri-plexes. It can not be rezoned multifamily. There is a home currently located on 1 of the 3 parcels. It appears to have good bones but needs a lot of rehab. From my estimation, you maybe able to get up to 8 homes on these lots. All 3 parcels to be sold together. City water available but not city sewer. The main for sewer stops at Mallard Woods. City says builder could connect to main but city will not do it. House being sold as is

Price Information

Listing Price Info

Price Summary:

  • List Price: $800,000

Tax Information:

  • Annual Amount: $1,202
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$420.4K

Med. Price/SqFt

$238

Avg. Days On Market

39

# of Sold Homes

817

520 Lawrence Gray Rd vs Charlotte

96 DAYS ON ROCKET

+57 Days

$800,000

+$379.5K More

KEY TAKEAWAY

This property is $379.5K more than the Median Sold Price in Charlotte, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #4179423

Listing Office:

  • Office Name: MATHERS REALTY.COM
  • Office Email: wbcrawford55@gmail.com

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Last updated on: 12/11/2024, 3:21:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 26, 2007Home Sold
$165,000

Tax History

YEARPROP. TAXASSESSMENT
2021$1,202$124,600
2020$1,293$124,600
2018$1,924$141,100

History based on county public records data.

Payment Calculator

$4,060

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,465

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-1709382
7
/10
  • Parkside Elementary School

  • 2945 Johnston Oehler Rd

  • 0.79 miles

  • Public District Grades PK-5

school-card-donut-1709383
5
/10
  • Stoney Creek Elementary School

  • 14015 Mallard Roost Rd

  • 1.45 miles

  • Public District Grades KG-5

school-card-donut-1709384
8
/10
  • Highland Creek Elementary School

  • 7242 Highland Creek Pkwy

  • 1.59 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $68,277. Most Charlotte, NC residents have annual incomes between $35k-100k. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.

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 520 Lawrence Gray Rd

What is the listing price of this property?

The listing price of 520 Lawrence Gray Rd property is $800,000.

What type of property is this?

The property 520 Lawrence Gray Rd is land located in Charlotte, North Carolina, 28262.

Is this property for sale now?

Accepting Backup Offers: 520 Lawrence Gray Rd is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $1,202 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on October 26, 2007 for $165,000. (source: MLS/tax record).
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Rocket HomesNorth CarolinaMecklenburg CountyCharlotte28262520 Lawrence Gray Rd

This home is located at 520 Lawrence Gray Rd in Charlotte, NC and zip code 28262. It has been listed on Rocket Homes since September 06, 2024 and is currently priced at $800,000.

While more than 157 listings in Charlotte, NC in November 2024 were sold above asking price, there were more than 195 listings sold at asking price, and more than 465 were sold below. Between October 2024 and November 2024, Charlotte, NC real estate market has seen decrease in the number of listings by 3.3%. In November 2024, listings were on the market for 39 days. During the same period, the median list price in this real estate market was $420,468.

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

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