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5029 Cherrycrest Ln; Charlotte, NC Property Details

5029 Cherrycrest Ln, Charlotte, NC is a Apt House 5+ Units that was built in 1972. This property is currently Financed and is not for sale. Our records show that 5029 Cherrycrest Ln has 6 bedrooms, and 3 bathrooms, and a total of 218,454 square feet. The lot size of 5029 Cherrycrest Ln is 949,608 square feet.

Off market
5009 Cherrycrest Ln Charlotte, NC 28217
$6,667,500 Listing Price
6 Beds
3 Baths
218,454 SqFt
Property Type
Apt House 5+ Units
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Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1972
  • Purchase Price: $17,887,500
  • Open Loans / Balance: 1 / $12,540,379
  • APN: 169-251-01
  • Situs County: Mecklenburg
  • Length Of Ownership: 8 years, 5 months

Rooms

  • Bedrooms: 6
  • Bathrooms: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 2

Structure

  • Stories: 2
  • Exterior Wall Type: Siding (Alum/Vinyl)
  • Building Condition: Average
  • Building Quality: C
  • Roof Type: Gable

Measurements

  • Total: 218,454/SqFt
  • Lot: 949,608/SqFt
  • Gross: 218,454/SqFt
  • Living: 218,454/SqFt
  • Building: 218,454/SqFt
  • Ground: 3,328/SqFt
  • Price Per Square Foot: $81.88
Building Insights

Land Information

  • Property Type: Apt House 5+ Units
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Charlotte-Mecklenburg Schools
  • Lat / Lon: 35.15033 / -80.88487
  • Property Class: Residential
  • Zoning: O1
  • County Use Code: A500

Amenities

  • Plus Four: 0253
  • Bathroom Fixtures: 24
  • Cooling: Central
  • Fireplaces: 1
  • Heating: Forced air unit

Ownership Info

5009 Cherrycrest Ln has no associated ownership info
5009 Cherrycrest Ln has no associated ownership info.

Taxes

5009 Cherrycrest Ln has 10 associated Taxes items

5029 Cherrycrest Ln, 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 $27,712,500. The APN we've located for 5029 Cherrycrest Ln is 169-251-01.

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Taxes
  • Assessed Value:  $27,712,500
  • Assessed Year:  2025
  • Assessed County:  Mecklenburg
  • APN:  169-251-01
  • Assessed Land Value:  4068500
  • Market Land Value:  4068500
  • Tax Amount:  248831.85
  • Tax Year:  2025
  • Market Value:  27712500
  • Market Year:  2025

Tax History

5009 Cherrycrest Ln has 12 associated Tax History items

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YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $27,712,500 Land Value $4,068,500 Improvement Value $23,644,000 Tax Amount $248,831.84 Change Rate +0.02075% Assessed CR Tax Rate +0.008979%
Year 2024 Assessed Value $27,712,500 Land Value $4,068,500 Improvement Value $23,644,000 Tax Amount $243,773.59 Change Rate +0.041673% Assessed CR Tax Rate +0.008797%
Year 2023 Assessed Value $27,712,500 Land Value $4,068,500 Improvement Value $23,644,000 Tax Amount $234,021.12 Change Rate +0.391099% Assessed CR Tax Rate +0.008445%
Year 2022 Assessed Value $17,432,900 Land Value $1,893,500 Improvement Value $15,539,400 Tax Amount $168,227.48 Change Rate Assessed CR Tax Rate +0.00965%
Year 2021 Assessed Value $17,432,900 Land Value $1,893,500 Improvement Value $15,539,400 Tax Amount $168,227.48 Change Rate Assessed CR Tax Rate +0.00965%
Year 2020 Assessed Value $17,432,900 Land Value $1,893,500 Improvement Value $15,539,400 Tax Amount $168,227.48 Change Rate -0.194177% Assessed CR Tax Rate +0.00965%
Year 2019 Assessed Value $19,536,800 Land Value $1,893,500 Improvement Value $17,643,300 Tax Amount $208,764.88 Change Rate +1.428744% Assessed CR Tax Rate +0.010686%
Year 2018 Assessed Value $5,312,840 Land Value $1,661,800 Improvement Value $3,651,040 Tax Amount $85,955.91 Change Rate Assessed CR Tax Rate +0.016179%
Year 2017 Assessed Value $5,312,840 Land Value $1,661,800 Improvement Value $3,651,040 Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value $5,312,840 Land Value $1,661,800 Improvement Value $3,651,040 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $5,312,840 Land Value $1,661,800 Improvement Value $3,651,040 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $5,312,840 Land Value $1,661,800 Improvement Value $3,651,040 Tax Amount $76,857.12 Change Rate Assessed CR Tax Rate +0.014466%
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