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3024 Shallowood Lane
3024 Shallowood Lane
$637,121 (our value guesstimate)
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Charlotte, NC 28277 ▪  (MLS # 3645914)
4-car garage  ▪   Built: 1972  ▪   Primary on Main
6 bed  ▪  4 full & 1 half bath  ▪  3,951 Sq Ft
Sold for $420,000 on Oct 05, 2020
3024 Shallowood Lane
$637,121 (our value guesstimate)
Charlotte, NC 28277 ▪  (MLS # 3645914)
4-car garage  ▪   Built: 1972  ▪   Primary on Main
6 bed  ▪  4 full & 1 half bath  ▪  3,951 Sq Ft
Sold for $420,000 on Oct 05, 2020
SOLD OCT 5, 2020
 
$420,000  (sales price)
6 bed  ▪  4 full & 1 half bath  ▪  3,951 Sq Ft
3024 Shallowood Lane
Charlotte, NC 28277 (MLS # 3645914)
.61 acres  ▪   Built: 1972  ▪   Primary Bedroom on Main
Subdivision: Raintree
Charlotte, NC / 28277

Our Value Guesstimate (from Computer Algorithm): $637,121

Our computer algorithm has estimated that this home would be likely to sell in a range between $541,553 and $732,689.
Sale Details
Sales Price: $420,000
Closed: Oct 5, 2020 (1,270 days ago)
List Price: $439,900
Sold for: 95% of list price
Cumulative Days on Market: 40
Price/Sq Ft: $106
Remarks - 3024 Shallowood Lane
(from previous listing) Beautiful large ranch with apartment, perfect for extended family, nanny suite or large office. Apartment has 2 beds/bath/kitchen/living room with outside access. Rec/Bonus located in basement, additional 2 car garage w/workshop and separate door, solarium/sunroom, wrap around deck, large wooded corner lot, office/computer room off den, 2 water heaters, 3 HVAC's, AND whole house generator. Minutes to medical, restaurants, Hwy 485, shopping, uptown. Enjoy the family atmosphere, park like ponds/tr ...
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General Info - MLS # 3645914
Parking: Attached, Detached, Garage - 4+ Car
Year Built: 1972
Master / Primary Bedroom: Main floor
Listing Status: Sold
Property Type: Single Family Home
Location: Charlotte / Mecklenburg County
Lot Size: .61 acres
Area Schools
10/10
Olde Providence Elementary School
Distance: 1.8 mi
10/10
South Charlotte Middle School
Distance: 1.3 mi
10/10
Providence High School
Distance: 1.5 mi

*School ratings sourced from CarolinaSchoolHub. To verify enrollment eligibility, please contact the school directly.
Neighborhood Info
Subdivision: Raintree
Community Features: Pond, Recreation Area
Listing History
10/05/2020: MLS Sold for $420,000 (Canopy MLS)
Cumulative Days on Market: 40
More details

County Tax Data
2023 County Tax Assessment: $602,800
Next Mecklenburg County Tax Assessment: 2027
2023 Property Taxes: $4,561

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

See Sold Homes in Raintree
SOLD NOV 30, 2023
Sold for $218/Sq Ft & 108% of list
1 cumulative day on market
$915,000 (sales price)
4 bed  ▪  3 full & 3 h. bath  ▪  4,200 SqFt
3401 Windbluff Dr
Charlotte, NC 28277
Raintree
0.2 mi.

SOLD NOV 21, 2023
Sold for $243/Sq Ft & 100% of list
1 cumulative day on market
$910,000 (sales price)
3 bed  ▪  3 full & 1 h. bath  ▪  3,752 SqFt
3720 Windbluff Dr
Charlotte, NC 28277
Raintree
0.5 mi.

SOLD MAY 30, 2023
Sold for $185/Sq Ft & 112% of list
3 cumulative days on market
$725,000 (sales price)
4 bed  ▪  3 full & 1 h. bath  ▪  3,914 SqFt
9717 Whitethorn Dr
Charlotte, NC 28277
Raintree
1.0 mi.

Neighborhood Summary (single family)
Raintree

Sales in:

Median $ / Sq Ft (single family)
Raintree




28277 ZIP Code Trends
28277 ZIP Code Trends

OUR RATING: MOST COMPETITIVE

In Our ZIP Code Analysis (updated daily), we found that 28277 is the 2nd most competitive area for buyers out of 66 ZIP codes analyzed in the Charlotte metro area.

In the 28277 ZIP code, for the past 90 days the following trends have occurred for previously owned homes listed in the Canopy MLS:

4
Median Days
Until Pending
Homes (that actually sold) went under contract after a median of 4 cumulative days on market in the 28277 area. Compare this with the Charlotte metro area median of 17 days on market.

43%
Of Recently Sold Homes
Over Asking Price
43% of previously owned 28277-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 28277.

69%
of Available Homes
Are Under Contract
69% of previously owned 28277-area homes are under contract – compared with 49% of all homes in the Charlotte metro area.

Price Per Square Foot Change
Period 28277 Area Metro Area
1-year + 1% + 3%
2-year + 5% + 2%
5-year +64% +66%
The price per square foot of 28277-area re-sale homes has increased by approximately 64% over the past 5 years (versus a 66% increase for the entire Charlotte metro area). Homes have been selling at a median of $245 per square foot in 28277 over the past 90 days - as compared to $212 for the entire metro area.

4
Median Days
Until Pending

Homes (that actually sold) went under contract after a median of 4 cumulative days on market in the 28277 area. Compare this with the Charlotte metro area median of 17 days on market.

42%
Of Recently Sold Homes
Over Asking Price

42% of previously owned 28277-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 28277.

Price Per Square Foot Change
Period 28277
Area
Metro
Area
1-year + 1% + 3%
2-year + 5% + 2%
5-year +64% +66%

The price per square foot of 28277-area re-sale homes has increased by approximately 64% over the past 5 years (versus a 66% increase for the entire Charlotte metro area). Homes have been selling at a median of $245 per square foot in 28277 over the past 90 days - as compared to $212 for the entire metro area.

69%
of Available Homes
Are Under Contract

69% of previously owned 28277-area homes are under contract – compared with 49% of all homes in the Charlotte metro area.



Our Value Guesstimate: $637,121

Our computer algorithm has estimated that this home would be likely to sell in a range between $541,553 and $732,689.


Sale Details
Sales Price: $420,000
Closed: Oct 5, 2020 (1,270 days ago)
List Price: $439,900
Sold for: 95% of list price
Cumulative Days on Market: 40
Price/Sq Ft: $106
Remarks
(from previous listing) Beautiful large ranch with apartment, perfect for extended family, nanny suite or large office. Apartment has 2 beds/bath/kitchen/living room with outside access. Rec/Bonus located in basement, additional 2 car garage w/workshop and separate door, solarium/sunroom, wrap around deck, large wooded cor ...
Continue reading

General Info - MLS 3645914
Parking: Attached, Detached, Garage - 4+ Car
Year Built: 1972
Master / Primary Bedroom: Main floor
Listing Status: Sold
Property Type: Single Family Home
Location: Charlotte / Mecklenburg County
Lot Size: .61 acres

Neighborhood Info
Subdivision: Raintree
Community Features: Pond, Recreation Area
Listing History
10/05/2020: MLS Sold for $420,000 (Canopy MLS)
Cumulative Days on Market: 40
More details

Area Schools
10/10
Olde Providence Elementary School
Distance: 1.8 mi
10/10
South Charlotte Middle School
Distance: 1.3 mi
10/10
Providence High School
Distance: 1.5 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.
If you’re looking to sell a home in the Raintree neighborhood, we’d be happy to discuss this with you. We can also assist homebuyers and sellers in neighborhoods nearby, including Deerpark, Rainbow Forest, and Holly Hill Farms.



CDS Data Share Based on information submitted to the MLS GRID as of 03/28/2024. 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.