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Terra Vista Realty
5525 Lebanon Road
5525 Lebanon Road
$574,219 (our value guesstimate)
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Mint Hill, NC 28227 ▪  (MLS # 3510845)
2-car garage  ▪   Built: 1971  ▪   Primary Up
4 bed  ▪  3 full bath  ▪  2,737 Sq Ft
Sold for $330,000 on Jul 23, 2019
5525 Lebanon Road
$574,219 (our value guesstimate)
Mint Hill, NC 28227 ▪  (MLS # 3510845)
2-car garage  ▪   Built: 1971  ▪   Primary Up
4 bed  ▪  3 full bath  ▪  2,737 Sq Ft
Sold for $330,000 on Jul 23, 2019
SOLD JUL 23, 2019
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$330,000  (sales price)
4 bed  ▪  3 full bath  ▪  2,737 Sq Ft
5525 Lebanon Road
Mint Hill, NC 28227 (MLS # 3510845)
1.2 acres  ▪   Built: 1971  ▪   Primary Bedroom Up
Subdivision: Farmwood
Mint Hill, NC / 28227

Our Value Guesstimate (from Computer Algorithm): $574,219

Our computer algorithm has estimated that this home would be likely to sell in a range between $488,086 and $660,352.
Sale Details
Sales Price: $330,000
Closed: Jul 23, 2019 (1,711 days ago)
List Price: $330,000
Sold for: 100% of list price
Cumulative Days on Market: 12
Price/Sq Ft: $121
Remarks - 5525 Lebanon Road
(from previous listing) Charming 4 BDR home, on 1.2 acres in an established community of large lots with privacy. No HOA's! First floor has slate flooring in entry, large eat in kitchen, that opens to a family room with bamboo hardwoods , a cozy fireplace, formal areas plus a bedroom and full bath. A private screened porch overlooks the spacious backyard attached to a private patio great for entertaining. The second floor has the Master suite , two additional bedrooms, and 2 full baths." Membership is available at P ...
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General Info - MLS # 3510845
Parking: Attached, Garage - 2 Car
Year Built: 1971
Master / Primary Bedroom: Upper floor
Listing Status: Sold
Property Type: Single Family Home
Location: Mint Hill / Mecklenburg County
Lot Size: 1.2 acres
Area Schools
Mint Hill Elementary School
Distance: 1.0 mi
2/10
Northeast Middle School
Distance: 2.4 mi
4/10
Independence High School
Distance: 2.4 mi

*School ratings sourced from CarolinaSchoolHub. To verify enrollment eligibility, please contact the school directly.
Neighborhood Info
Subdivision: Farmwood
Listing History
07/23/2019: MLS Sold for $330,000 (Canopy MLS)
Cumulative Days on Market: 12
More details

06/04/2015: MLS # 3080596 sold for $260,000 (Canopy MLS) - SEE LISTING
Cumulative Days on Market: 7
County Tax Data
2023 County Tax Assessment: $428,000
Next Mecklenburg County Tax Assessment: 2027
2023 Property Taxes: $3,032

1% List Fee for Sellers

We offer full-service listing services for 1% when you buy and sell.

Are You the Owner?

Inquire about getting a more precise estimate on your home's value from one of our experienced agents


  More Home Details
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See Sold Homes in Farmwood
SOLD JAN 23, 2024
Sold for $181/Sq Ft & 101% of list
6 cumulative days on market
$505,000 (sales price)
3 bed  ▪  2 full & 1 h. bath  ▪  2,783 SqFt
3804 Singletree Rd
Mint Hill, NC 28227
Farmwood
0.4 mi.

SOLD NOV 13, 2023
Sold for $183/Sq Ft & 91% of list
19 cumulative days on market
$525,000 (sales price)
4 bed  ▪  3 full bath  ▪  2,863 SqFt
6021 Morris Farm Ln
Mint Hill, NC 28227
Farmwood
0.6 mi.

SOLD FEB 28, 2023
Sold for $158/Sq Ft & 104% of list
3 cumulative days on market
$430,000 (sales price)
4 bed  ▪  2 full & 1 h. bath  ▪  2,715 SqFt
5632 Birchhill Rd
Mint Hill, NC 28227
Farmwood
0.2 mi.

Neighborhood Summary (single family)
Farmwood

Sales in:

Median $ / Sq Ft (single family)
Farmwood




28227 ZIP Code Trends
28227 ZIP Code Trends

OUR RATING: MODERATELY COMPETITIVE

In Our ZIP Code Analysis (updated daily), we found that 28227 is the 38th most competitive area for buyers out of 66 ZIP codes analyzed in the Charlotte metro area.

In the 28227 ZIP code, for the past 90 days the following trends have occurred for previously owned homes listed in the Canopy MLS:

23
Median Days
Until Pending
Homes (that actually sold) went under contract after a median of 23 cumulative days on market in the 28227 area. Compare this with the Charlotte metro area median of 17 days on market.

22%
Of Recently Sold Homes
Over Asking Price
22% of previously owned 28227-area homes sold over the asking price (versus 25% of all homes in the Charlotte metro area). See examples of sold homes selling over asking in 28227.

57%
of Available Homes
Are Under Contract
57% of previously owned 28227-area homes are under contract – compared with 48% of all homes in the Charlotte metro area.

Price Per Square Foot Change
Period 28227 Area Metro Area
1-year - 2% + 2%
2-year -<1% + 2%
5-year +66% +66%
The price per square foot of 28227-area re-sale homes has increased by approximately 66% over the past 5 years (versus a 66% increase for the entire Charlotte metro area). Homes have been selling at a median of $199 per square foot in 28227 over the past 90 days - as compared to $212 for the entire metro area.

23
Median Days
Until Pending

Homes (that actually sold) went under contract after a median of 23 cumulative days on market in the 28227 area. Compare this with the Charlotte metro area median of 17 days on market.

21%
Of Recently Sold Homes
Over Asking Price

21% of previously owned 28227-area homes sold over the asking price (versus 25% of all homes in the Charlotte metro area). See examples of sold homes selling over asking in 28227.

Price Per Square Foot Change
Period 28227
Area
Metro
Area
1-year - 2% + 2%
2-year -<1% + 2%
5-year +66% +66%

The price per square foot of 28227-area re-sale homes has increased by approximately 66% over the past 5 years (versus a 66% increase for the entire Charlotte metro area). Homes have been selling at a median of $199 per square foot in 28227 over the past 90 days - as compared to $212 for the entire metro area.

57%
of Available Homes
Are Under Contract

57% of previously owned 28227-area homes are under contract – compared with 48% of all homes in the Charlotte metro area.



Our Value Guesstimate: $574,219

Our computer algorithm has estimated that this home would be likely to sell in a range between $488,086 and $660,352.


Sale Details
Sales Price: $330,000
Closed: Jul 23, 2019 (1,711 days ago)
List Price: $330,000
Sold for: 100% of list price
Cumulative Days on Market: 12
Price/Sq Ft: $121
Remarks
(from previous listing) Charming 4 BDR home, on 1.2 acres in an established community of large lots with privacy. No HOA's! First floor has slate flooring in entry, large eat in kitchen, that opens to a family room with bamboo hardwoods , a cozy fireplace, formal areas plus a bedroom and full bath. A private screened po ...
Continue reading

General Info - MLS 3510845
Parking: Attached, Garage - 2 Car
Year Built: 1971
Master / Primary Bedroom: Upper floor
Listing Status: Sold
Property Type: Single Family Home
Location: Mint Hill / Mecklenburg County
Lot Size: 1.2 acres

Neighborhood Info
Subdivision: Farmwood
Listing History
07/23/2019: MLS Sold for $330,000 (Canopy MLS)
Cumulative Days on Market: 12
More details


06/04/2015: MLS # 3080596 sold for $260,000 (Canopy MLS) - SEE LISTING
Cumulative Days on Market: 7
Area Schools
Mint Hill Elementary School
Distance: 1.0 mi
2/10
Northeast Middle School
Distance: 2.4 mi
4/10
Independence High School
Distance: 2.4 mi

*School ratings sourced from CarolinaSchoolHub. To verify enrollment eligibility, please contact the school directly.


  More Home Details
  Map / Satellite View

1% List Fee for Sellers

We offer full-service listing services for 1% when you buy and sell.

Are You the Owner?

Inquire about getting a more precise estimate on your home's value from one of our experienced agents


 


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28227 homes for sale

1% List Fee for Sellers

We offer full-service listing services for 1% when you buy and sell.

Are You the Owner?

Inquire about getting a more precise estimate on your home's value from one of our experienced agents




1% List Fee for Sellers

We offer full-service listing services for 1% when you buy and sell.

1% List Fee for Sellers

We offer full-service listing services for 1% when you buy and sell.
If you’re looking to sell a home in the Farmwood neighborhood, we’d be happy to discuss this with you. We can also assist homebuyers and sellers in neighborhoods nearby, including Green Meadows, Ellington Farm, and Tarawoods.



CDS Data Share Based on information submitted to the MLS GRID as of 03/29/2024. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. School assignments should be verified and are subject to change. Properties may or may not be listed by the office/agent presenting the information. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Properties reported may be listed or sold by various participants in the MLS. Copyright© 2024 Canopy Multiple Listing Services, Inc. All rights reserved.