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1616 Madison Ave; Charlotte, NC Property Details

1616 Madison Ave, Charlotte, NC is a Single Family that was built in 1957. This property is currently a cash purchase and is not for sale. Our records show that 1616 Madison Ave has 3 bedrooms, and 2.5 bathrooms, and a total of 1,605 square feet. The lot size of 1616 Madison Ave is 7,841 square feet.

Off market
1616 Madison Ave Charlotte, NC 28216
$244,400 Estimated Value
3 Beds
2.5 Baths
1,605 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1957
  • Purchase Price: $185,000
  • Est. Equity / %: $221,000 / 100%
  • Gross Yield: 13.292%
  • APN: 078-395-02
  • Situs County: Mecklenburg
  • Length Of Ownership: 4 years, 4 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Partial Bathrooms: 1

Structure

  • Stories: 1
  • Exterior Wall Type: Brick
  • Building Condition: Average
  • Building Quality: C
  • Roof Type: Hip
  • Roof Cover Type: Asphalt

Measurements

  • Total: 1,605/SqFt
  • Lot: 7,841/SqFt
  • Gross: 1,605/SqFt
  • Garage: 315/SqFt
  • Living: 1,605/SqFt
  • Building: 1,605/SqFt
  • Ground: 1,605/SqFt
  • Garage Unfinished: 315/SqFt
  • Price Per Square Foot: $115.26

Legal Description

  • Description: L10 BH M6-230
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Charlotte-Mecklenburg Schools
  • Lat / Lon: 35.247036 / -80.84898
  • Subdivision: Mccrorey Heights
  • Property Class: Residential
  • Zoning: R-5
  • County Use Code: R100

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 5411
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Carport
  • Heating: Forced air unit

Ownership Info

1616 Madison Ave has no associated ownership info
1616 Madison Ave has no associated ownership info.

Taxes

1616 Madison Ave has 10 associated Taxes items

1616 Madison Ave, 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 $244,400. The APN we've located for 1616 Madison Ave is 078-395-02.

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Taxes
  • Assessed Value:  $244,400
  • Assessed Year:  2025
  • Assessed County:  Mecklenburg
  • APN:  078-395-02
  • Assessed Land Value:  84000
  • Market Land Value:  84000
  • Tax Amount:  2004.15
  • Tax Year:  2024
  • Market Value:  244400
  • Market Year:  2025

Tax History

1616 Madison Ave has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $244,400 Land Value $84,000 Improvement Value $160,400 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $2,004.15 Change Rate +0.037441% Assessed CR Tax Rate
Year 2023 Assessed Value $244,400 Land Value $84,000 Improvement Value $160,400 Tax Amount $1,931.82 Change Rate -0.072342% Assessed CR Tax Rate +0.007904%
Year 2022 Assessed Value $215,800 Land Value $110,000 Improvement Value $105,800 Tax Amount $2,082.47 Change Rate Assessed CR Tax Rate +0.00965%
Year 2021 Assessed Value $215,800 Land Value $110,000 Improvement Value $105,800 Tax Amount $2,082.47 Change Rate Assessed CR Tax Rate +0.00965%
Year 2020 Assessed Value $215,800 Land Value $110,000 Improvement Value $105,800 Tax Amount $2,082.47 Change Rate -0.042115% Assessed CR Tax Rate +0.00965%
Year 2019 Assessed Value $215,800 Land Value $110,000 Improvement Value $105,800 Tax Amount $2,174.03 Change Rate +0.747936% Assessed CR Tax Rate +0.010074%
Year 2018 Assessed Value $89,200 Land Value $10,000 Improvement Value $79,200 Tax Amount $1,243.77 Change Rate +0.021493% Assessed CR Tax Rate +0.013944%
Year 2017 Assessed Value $89,200 Land Value $10,000 Improvement Value $79,200 Tax Amount $1,217.6 Change Rate +0.007864% Assessed CR Tax Rate +0.01365%
Year 2016 Assessed Value $89,200 Land Value $10,000 Improvement Value $79,200 Tax Amount $1,208.1 Change Rate +0.009611% Assessed CR Tax Rate +0.013544%
Year 2015 Assessed Value $89,200 Land Value $10,000 Improvement Value $79,200 Tax Amount $1,196.6 Change Rate -0.009175% Assessed CR Tax Rate +0.013415%
Year 2014 Assessed Value Land Value Improvement Value Tax Amount $1,207.68 Change Rate Assessed CR Tax Rate