Terra Vista Realty
Mobile Menu
Terra Vista Realty
7040 Markway Drive
7040 Markway Drive
$316,925 (our value guesstimate)
 Back
Charlotte, NC 28215 ▪  (MLS # 3585818)
Built: 1985  ▪   Primary on Main
3 bed  ▪  2 full bath  ▪  1,551 Sq Ft
Sold for $205,000 on Oct 26, 2020
7040 Markway Drive
$316,925 (our value guesstimate)
Charlotte, NC 28215 ▪  (MLS # 3585818)
Built: 1985  ▪   Primary on Main
3 bed  ▪  2 full bath  ▪  1,551 Sq Ft
Sold for $205,000 on Oct 26, 2020
SOLD OCT 26, 2020
1 of 15 
SOLD OCT 26, 2020
1 of 15 
SOLD OCT 26, 2020
1 of 15 
SOLD OCT 26, 2020
1 of 15 
SOLD OCT 26, 2020
1 of 15 
SOLD OCT 26, 2020
1 of 15 
SOLD OCT 26, 2020
1 of 15 
SOLD OCT 26, 2020
1 of 15 
SOLD OCT 26, 2020
1 of 15 
SOLD OCT 26, 2020
1 of 15 
SOLD OCT 26, 2020
1 of 15 
SOLD OCT 26, 2020
1 of 15 
SOLD OCT 26, 2020
1 of 15 
SOLD OCT 26, 2020
1 of 15 
SOLD OCT 26, 2020
1 of 15 
 
$205,000  (sales price)
3 bed  ▪  2 full bath  ▪  1,551 Sq Ft
7040 Markway Drive
Charlotte, NC 28215 (MLS # 3585818)
.25 acres  ▪   Built: 1985  ▪   Primary Bedroom on Main
Subdivision: Chestnut Ridge
Charlotte, NC / 28215

Our Value Guesstimate (from Computer Algorithm): $316,925

Our computer algorithm has estimated that this home would be likely to sell in a range between $269,386 and $364,464.
Sale Details
Sales Price: $205,000
Closed: Oct 26, 2020 (1,250 days ago)
List Price: $205,000
Sold for: 100% of list price
Cumulative Days on Market: 194
Price/Sq Ft: $132
Remarks - 7040 Markway Drive
(from previous listing) This Charlotte single-story home offers natural lighting, kitchen granite countertops, master walk-in closet, and an open patio. This home is vacant and cleaned regularly.
General Info - MLS # 3585818
Parking: Driveway
Year Built: 1985
Master / Primary Bedroom: Main floor
Listing Status: Sold
Property Type: Single Family Home
Location: Charlotte / Mecklenburg County
Lot Size: .25 acres
Area Schools
3/10
Joseph W Grier Academy
Distance: 1.9 mi
3/10
Northridge Middle School
Distance: 1.3 mi
1/10
Rocky River High School
Distance: 5.7 mi

*School ratings sourced from CarolinaSchoolHub. To verify enrollment eligibility, please contact the school directly.
Neighborhood Info
Subdivision: Chestnut Ridge
Listing History
10/26/2020: MLS Sold for $205,000 (Canopy MLS)
Cumulative Days on Market: 194
More details

County Tax Data
2023 County Tax Assessment: $328,600
Next Mecklenburg County Tax Assessment: 2027

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
  Map / Satellite View

28215 ZIP Code Trends
28215 ZIP Code Trends

OUR RATING: VERY COMPETITIVE

In Our ZIP Code Analysis (updated daily), we found that 28215 is the 32nd most competitive area for buyers out of 66 ZIP codes analyzed in the Charlotte metro area.

In the 28215 ZIP code, for the past 90 days the following trends have occurred for previously owned homes listed in the Canopy MLS:

18
Median Days
Until Pending
Homes (that actually sold) went under contract after a median of 18 cumulative days on market in the 28215 area. Compare this with the Charlotte metro area median of 17 days on market.

27%
Of Recently Sold Homes
Over Asking Price
27% of previously owned 28215-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 28215.

44%
of Available Homes
Are Under Contract
44% of previously owned 28215-area homes are under contract – compared with 48% of all homes in the Charlotte metro area.

Price Per Square Foot Change
Period 28215 Area Metro Area
1-year + 2% + 2%
2-year +<1% + 2%
5-year +75% +66%
The price per square foot of 28215-area re-sale homes has increased by approximately 75% over the past 5 years (versus a 66% increase for the entire Charlotte metro area). Homes have been selling at a median of $203 per square foot in 28215 over the past 90 days - as compared to $212 for the entire metro area.

18
Median Days
Until Pending

Homes (that actually sold) went under contract after a median of 18 cumulative days on market in the 28215 area. Compare this with the Charlotte metro area median of 17 days on market.

27%
Of Recently Sold Homes
Over Asking Price

27% of previously owned 28215-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 28215.

Price Per Square Foot Change
Period 28215
Area
Metro
Area
1-year + 2% + 2%
2-year +<1% + 2%
5-year +75% +66%

The price per square foot of 28215-area re-sale homes has increased by approximately 75% over the past 5 years (versus a 66% increase for the entire Charlotte metro area). Homes have been selling at a median of $203 per square foot in 28215 over the past 90 days - as compared to $212 for the entire metro area.

45%
of Available Homes
Are Under Contract

45% of previously owned 28215-area homes are under contract – compared with 48% of all homes in the Charlotte metro area.



Our Value Guesstimate: $316,925

Our computer algorithm has estimated that this home would be likely to sell in a range between $269,386 and $364,464.


Sale Details
Sales Price: $205,000
Closed: Oct 26, 2020 (1,250 days ago)
List Price: $205,000
Sold for: 100% of list price
Cumulative Days on Market: 194
Price/Sq Ft: $132
Remarks
(from previous listing) This Charlotte single-story home offers natural lighting, kitchen granite countertops, master walk-in closet, and an open patio. This home is vacant and cleaned regularly.
General Info - MLS 3585818
Parking: Driveway
Year Built: 1985
Master / Primary Bedroom: Main floor
Listing Status: Sold
Property Type: Single Family Home
Location: Charlotte / Mecklenburg County
Lot Size: .25 acres

Neighborhood Info
Subdivision: Chestnut Ridge
Listing History
10/26/2020: MLS Sold for $205,000 (Canopy MLS)
Cumulative Days on Market: 194
More details

Area Schools
3/10
Joseph W Grier Academy
Distance: 1.9 mi
3/10
Northridge Middle School
Distance: 1.3 mi
1/10
Rocky River High School
Distance: 5.7 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


 



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.



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.