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5401 Olivet Dr; Charlotte, NC Property Details

5401 Olivet Dr, Charlotte, NC is a Single Family that was built in 1953. This property is currently a cash purchase and is not for sale. Our records show that 5401 Olivet Dr has 2 bedrooms, and 1 bathroom, and a total of 819 square feet. The lot size of 5401 Olivet Dr is 8,799 square feet.

Off market
5401 Olivet Dr Charlotte, NC 28227
$58,000 Listing Price
2 Beds
1 Baths
819 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1953
  • Purchase Price: $159,500
  • Est. Equity / %: $220,000 / 100%
  • Gross Yield: 4.342%
  • APN: 109-311-06
  • Situs County: Mecklenburg
  • Length Of Ownership: 7 years, 4 months

Rooms

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

Structure

  • Building Style: Frame
  • Stories: 1
  • Exterior Wall Type: Siding (Alum/Vinyl)
  • Building Condition: Average
  • Building Quality: C
  • Roof Type: Gable
  • Roof Cover Type: Other

Measurements

  • Total: 819/SqFt
  • Lot: 8,799/SqFt
  • Gross: 819/SqFt
  • Living: 819/SqFt
  • Building: 819/SqFt
  • Ground: 819/SqFt
  • Price Per Square Foot: $194.75

Legal Description

  • Description: P1-8 M6-355
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: 35.190357 / -80.69868
  • Subdivision: Sarah Hall Ph 03 Map 02
  • Property Class: Residential
  • Zoning: R
  • County Use Code: R100

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 5017
  • Cooling: Central
  • Heating: Forced air unit

Ownership Info

5401 Olivet Dr has no associated ownership info
5401 Olivet Dr has no associated ownership info.

Taxes

5401 Olivet Dr has 10 associated Taxes items

5401 Olivet Dr, 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 $120,700. The APN we've located for 5401 Olivet Dr is 109-311-06.

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Taxes
  • Assessed Value:  $120,700
  • Assessed Year:  2025
  • Assessed County:  Mecklenburg
  • APN:  109-311-06
  • Assessed Land Value:  31500
  • Market Land Value:  31500
  • Tax Amount:  846.24
  • Tax Year:  2024
  • Market Value:  120700
  • Market Year:  2025

Tax History

5401 Olivet Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $120,700 Land Value $31,500 Improvement Value $89,200 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $120,700 Land Value $31,500 Improvement Value $89,200 Tax Amount $846.24 Change Rate +0.020587% Assessed CR Tax Rate +0.007011%
Year 2023 Assessed Value $120,700 Land Value $31,500 Improvement Value $89,200 Tax Amount $829.17 Change Rate -0.039879% Assessed CR Tax Rate +0.00687%
Year 2022 Assessed Value $84,400 Land Value $28,500 Improvement Value $55,900 Tax Amount $863.61 Change Rate Assessed CR Tax Rate +0.010232%
Year 2021 Assessed Value $84,400 Land Value $28,500 Improvement Value $55,900 Tax Amount Change Rate Assessed CR Tax Rate
Year 2020 Assessed Value $84,400 Land Value $28,500 Improvement Value $55,900 Tax Amount Change Rate Assessed CR Tax Rate
Year 2019 Assessed Value $84,400 Land Value $28,500 Improvement Value $55,900 Tax Amount $744.74 Change Rate -0.137643% Assessed CR Tax Rate +0.008824%
Year 2018 Assessed Value $74,800 Land Value $27,000 Improvement Value $47,800 Tax Amount $863.61 Change Rate +0.010661% Assessed CR Tax Rate +0.011546%
Year 2017 Assessed Value $74,800 Land Value $27,000 Improvement Value $47,800 Tax Amount $854.5 Change Rate +0.006941% Assessed CR Tax Rate +0.011424%
Year 2016 Assessed Value $72,200 Land Value $27,000 Improvement Value $45,200 Tax Amount $848.61 Change Rate +0.048819% Assessed CR Tax Rate +0.011754%
Year 2015 Assessed Value $67,700 Land Value $27,000 Improvement Value $40,700 Tax Amount $809.11 Change Rate -0.076738% Assessed CR Tax Rate +0.011951%
Year 2014 Assessed Value $79,800 Land Value $30,000 Improvement Value $49,800 Tax Amount $876.36 Change Rate Assessed CR Tax Rate +0.010982%