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116 W 5th St; Charlotte, NC Property Details

116 W 5th St, Charlotte, NC is a General that was built in 1910. This property is currently Financed and is not for sale. Our records show that 116 W 5th St has a total of 10,240 square feet. The lot size of 116 W 5th St is 4,835 square feet.

Off market
116 W 5th St Charlotte, NC 28202
$2,054,600 Estimated Value
10,240 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1910
  • Purchase Price: $1,300,000
  • APN: 078-013-05
  • Situs County: Mecklenburg
  • Length Of Ownership: 23 years, 3 months

Rooms

  • Total Rooms: 3

Structure

  • Building Style: Masonry
  • Stories: 2
  • Exterior Wall Type: Brick
  • Building Condition: Average
  • Building Quality: B
  • Roof Type: Flat
  • Roof Cover Type: Built-up

Measurements

  • Total: 10,240/SqFt
  • Lot: 4,835/SqFt
  • Gross: 10,240/SqFt
  • Living: 10,240/SqFt
  • Basement: 3,432/SqFt
  • Building: 10,240/SqFt
  • Ground: 3,376/SqFt
  • Price Per Square Foot: $126.95

Legal Description

  • Description: SEE 7801305
Building Insights

Land Information

  • Property Type: General
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Charlotte-Mecklenburg Schools
  • Lat / Lon: 35.228596 / -80.84233
  • Subdivision: Stefan R Latorre
  • Property Class: Commercial
  • Zoning: UMUD
  • County Use Code: C700

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 2122
  • Bathroom Fixtures: 4
  • Cooling: Central
  • Heating: Forced air unit

Ownership Info

116 W 5th St has no associated ownership info
116 W 5th St has no associated ownership info.

Taxes

116 W 5th St has 10 associated Taxes items

116 W 5th St, Charlotte, NC pays taxes in Mecklenburg County, NC. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $2,054,600. The APN we've located for 116 W 5th St is 078-013-05.

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Taxes
  • Assessed Value:  $2,054,600
  • Assessed Year:  2025
  • Assessed County:  Mecklenburg
  • APN:  078-013-05
  • Assessed Land Value:  1274300
  • Market Land Value:  1274300
  • Tax Amount:  16502.55
  • Tax Year:  2024
  • Market Value:  2054600
  • Market Year:  2025

Tax History

116 W 5th St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $2,054,600 Land Value $1,274,300 Improvement Value $780,300 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $2,054,600 Land Value $1,274,300 Improvement Value $780,300 Tax Amount $16,502.55 Change Rate +0.030404% Assessed CR Tax Rate +0.008032%
Year 2023 Assessed Value $2,054,600 Land Value $1,274,300 Improvement Value $780,300 Tax Amount $16,015.61 Change Rate -0.018831% Assessed CR Tax Rate +0.007795%
Year 2022 Assessed Value $1,691,500 Land Value $797,900 Improvement Value $893,600 Tax Amount $16,322.98 Change Rate Assessed CR Tax Rate +0.00965%
Year 2021 Assessed Value $1,691,500 Land Value $797,900 Improvement Value $893,600 Tax Amount $16,322.98 Change Rate Assessed CR Tax Rate +0.00965%
Year 2020 Assessed Value $1,691,500 Land Value $797,900 Improvement Value $893,600 Tax Amount $16,322.98 Change Rate -0.046819% Assessed CR Tax Rate +0.00965%
Year 2019 Assessed Value $1,691,500 Land Value $797,900 Improvement Value $893,600 Tax Amount $17,124.74 Change Rate -0.102386% Assessed CR Tax Rate +0.010124%
Year 2018 Assessed Value $1,388,000 Land Value $870,500 Improvement Value $517,500 Tax Amount $19,078.06 Change Rate +0.020416% Assessed CR Tax Rate +0.013745%
Year 2017 Assessed Value $1,388,000 Land Value $870,500 Improvement Value $517,500 Tax Amount $18,696.36 Change Rate Assessed CR Tax Rate +0.01347%
Year 2016 Assessed Value $1,388,000 Land Value $870,500 Improvement Value $517,500 Tax Amount $18,696.36 Change Rate Assessed CR Tax Rate +0.01347%
Year 2015 Assessed Value $1,388,000 Land Value $870,500 Improvement Value $517,500 Tax Amount $18,696.36 Change Rate +0.007479% Assessed CR Tax Rate +0.01347%
Year 2014 Assessed Value $1,388,000 Land Value $870,500 Improvement Value $517,500 Tax Amount $18,557.56 Change Rate Assessed CR Tax Rate +0.01337%