StatusAccepting Backup Offers (Active Under Contract)
About 5620 Freedom Dr
9.71 acres well suited for development - value in land, not the homes & structures. Please make an appointment and provide at least 4 hours notice. Do not walk property without appointment &/or the listing agent. Property is occupied; please do not disturb. All inquiries to listing agent
Property Details
Property Features
Listing Office:
Office Name: EXP Realty LLC Mooresville
Lot Features
Lot Information:
Lot Size: 9.71 Acres
Price Information
Listing Price Info
Price Summary:
List Price: $3,950,000
Tax Information:
Annual Amount: $2,118
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Charlotte, NC.
This property is $3.5M more than the Median Sold Price in Charlotte, NC.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Number: #3935501
Listing Office:
Office Name: EXP Realty LLC Mooresville
Listings courtesy of Canopy MLS as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$19.7K
Per Month
Principal & Interest
$19.7K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$11.9K
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
9
/10
Allenbrook Elementary School
1430 Allenbrook Dr
Distance between this listing and this school0.67 miles
Public District Grades PK-5
6
/10
Tuckaseegee Elementary School
2028 Little Rock Rd
Distance between this listing and this school1.48 miles
Public Magnet Grades KG-5
8
/10
Paw Creek Elementary School
1300 Cathey Rd
Distance between this listing and this school2.04 miles
Public Magnet Grades PK-5
Nearby Schools
5
/10
Wilson STEM Academy
7020 Tuckaseegee Rd
Distance between this listing and this school1.64 miles
Public Magnet Grades 6-8
5
/10
Thomasboro Academy
538 Bradford Dr
Distance between this listing and this school1.72 miles
Public District Grades KG-8
8
/10
Coulwood STEM Academy
500 Kentberry Dr
Distance between this listing and this school2.81 miles
Public Magnet Grades 6-8
Nearby Schools
5
/10
Mountain Island Day Community Charter
1209 Little Rock Rd
Distance between this listing and this school0.84 miles
Public Charter Grades KG-12
1
/10
Turning Point Academy
8701 Moores Chapel Rd
Distance between this listing and this school1.51 miles
Public District Grades 4-12
2
/10
West Mecklenburg High School
7400 Tuckaseegee Rd
Distance between this listing and this school1.99 miles
The neighbors living near this home have an average income of $33,931. The most common annual income of people living in Charlotte, NC is less than $35k. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.
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 5620 Freedom Dr
What is the listing price of this property?
The listing price of 5620 Freedom Dr property is $3,950,000.
What type of property is this?
The property 5620 Freedom Dr is land located in Charlotte, North Carolina, 28214.
Is this property for sale now?
Accepting Backup Offers: 5620 Freedom Dr 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 $2,118 (source: MLS/based on county public records data).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 5620 Freedom Dr in Charlotte, NC and zip code 28214. This home sits on a 9.71 acre lot. It has been listed on Rocket Homes since January 16, 2023 and is currently priced at $3,950,000.
Charlotte, NC housing market in November 2024 saw over 157 listings sold above listed price, more than 195 sold at listed price and over 465 sold below. The number of listings in Charlotte, NC decreased by 3.3% between October 2024 and November 2024. The median list price of listings available in November 2024 was $420,468, while the average time on the real estate market was 39 days.
From Rocket Homes Real Estate and based on county public records data.
Listings courtesy of Canopy MLS as distributed by MLS GRID.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com. 
Mexican League Soccer
Mexican League Soccer
College Basketball
Soccer
Books-a-Million
Dillards
Burlington
Church's Chicken
Logan's Roadhouse
Wingstop
Toyota
Hyundai
Nissan
Adult Hits
Rock
Christian Adult Contemporary