1538 Sterling Rd in Charlotte sells for $1.61 million

The home at 1538 Sterling Rd in Charlotte sold for $1,608,000, 44% above its recorded market value. The Mecklenburg County Assessor reports that price. The transfer tax paid on a warranty deed recorded November 3, 2026, with the Mecklenburg County Register of Deeds shows the sale price.

An aerial photo shows the property among other houses.

The recorder's index lists Chad Lubben as the buyer.

The Assessor's records show 4 bedrooms, 2.5 bathrooms, 2,940 square feet of living area, a build year of 1955 and a 13,796-square-foot lot. The price works out to $547 per square foot. The market value on record is $1,117,600. The last sale on record was $736,000 in 2016. This sale price is 2.2 times that amount.

This summary was written by AI from public sales records and checked by automated rules. The figures come from the record and the NetSheet.org rules engine. How we make these.

What were the closing costs in Mecklenburg County?

By our estimate, the seller's two largest charges, not counting commission and prorations, were $3,216 for the excise tax on conveyances (revenue stamps) and $300 for the seller's attorney fee. Who pays what follows Mecklenburg County custom.

How much did the seller net?

By our estimate, the seller netted about $1,513,895. That assumes a 5% commission. It is before any mortgage payoff.

How much cash did the buyer bring to closing?

A buyer putting 20% down would need about $348,947 at closing. That covers the down payment and closing costs.

Run this net sheet with your numbers (free) See photos on Zillow