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500 Franklin Ave; Charlotte, NC Property Details

500 Franklin Ave, Charlotte, NC is a Single Family that was built in 1949. This property is currently a cash purchase and is not for sale. Our records show that 500 Franklin Ave has 2 bedrooms, and 1 bathroom, and a total of 910 square feet. The lot size of 500 Franklin Ave is 14,810 square feet.

Off market
500 Franklin Ave Charlotte, NC 28206
$32,500 Listing Price
2 Beds
1 Baths
910 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1949
  • Purchase Price: $32,500
  • Est. Equity / %: $269,000 / 100%
  • Gross Yield: 7.124%
  • APN: 079-078-10
  • Situs County: Mecklenburg
  • Length Of Ownership: 9 years, 6 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full Bathrooms: 1

Structure

  • Building Style: Frame
  • Stories: 1
  • Exterior Wall Type: Brick
  • Building Condition: Average
  • Building Quality: C
  • Roof Type: Gable
  • Roof Cover Type: Other

Measurements

  • Total: 910/SqFt
  • Lot: 14,810/SqFt
  • Gross: 910/SqFt
  • Living: 910/SqFt
  • Building: 910/SqFt
  • Ground: 910/SqFt
  • Price Per Square Foot: $35.71

Legal Description

  • Description: L1 BF M6-91.
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: 35.24951 / -80.823685
  • Subdivision: Graham Heights Homes
  • Property Class: Residential
  • Zoning: R-5
  • County Use Code: R100

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 2544
  • Cooling: Central
  • Garage: Carport
  • Heating: Forced air unit

Ownership Info

500 Franklin Ave has no associated ownership info
500 Franklin Ave has no associated ownership info.

Taxes

500 Franklin Ave has 10 associated Taxes items

500 Franklin 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 $247,800. The APN we've located for 500 Franklin Ave is 079-078-10.

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Taxes
  • Assessed Value:  $247,800
  • Assessed Year:  2025
  • Assessed County:  Mecklenburg
  • APN:  079-078-10
  • Assessed Land Value:  110000
  • Market Land Value:  110000
  • Tax Amount:  2029.89
  • Tax Year:  2024
  • Market Value:  247800
  • Market Year:  2025

Tax History

500 Franklin Ave has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $247,800 Land Value $110,000 Improvement Value $137,800 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $247,800 Land Value $110,000 Improvement Value $137,800 Tax Amount $2,029.89 Change Rate +0.037378% Assessed CR Tax Rate +0.008192%
Year 2023 Assessed Value $247,800 Land Value $110,000 Improvement Value $137,800 Tax Amount $1,956.75 Change Rate +0.737542% Assessed CR Tax Rate +0.007896%
Year 2022 Assessed Value $116,700 Land Value $27,500 Improvement Value $89,200 Tax Amount $1,126.16 Change Rate Assessed CR Tax Rate +0.00965%
Year 2021 Assessed Value $116,700 Land Value $27,500 Improvement Value $89,200 Tax Amount $1,126.16 Change Rate Assessed CR Tax Rate +0.00965%
Year 2020 Assessed Value $116,700 Land Value $27,500 Improvement Value $89,200 Tax Amount $1,126.16 Change Rate -0.075182% Assessed CR Tax Rate +0.00965%
Year 2019 Assessed Value $116,700 Land Value $27,500 Improvement Value $89,200 Tax Amount $1,217.71 Change Rate -0.033188% Assessed CR Tax Rate +0.010435%
Year 2018 Assessed Value $65,800 Land Value $18,000 Improvement Value $47,800 Tax Amount $1,259.51 Change Rate +0.37695% Assessed CR Tax Rate +0.019141%
Year 2017 Assessed Value $65,800 Land Value $18,000 Improvement Value $47,800 Tax Amount $914.71 Change Rate +0.010495% Assessed CR Tax Rate +0.013901%
Year 2016 Assessed Value $65,800 Land Value $18,000 Improvement Value $47,800 Tax Amount $905.21 Change Rate +0.012868% Assessed CR Tax Rate +0.013757%
Year 2015 Assessed Value $65,800 Land Value $18,000 Improvement Value $47,800 Tax Amount $893.71 Change Rate -0.014794% Assessed CR Tax Rate +0.013582%
Year 2014 Assessed Value Land Value Improvement Value Tax Amount $907.13 Change Rate Assessed CR Tax Rate