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5112 Walnut Grove Lane
5112 Walnut Grove Lane
$259,996 (our value guesstimate)
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Charlotte, NC 28262 ▪  (MLS # 3669808)
Built: 1984
3 bed  ▪  2 full bath  ▪  1,328 Sq Ft
Sold for $210,000 on Sep 17, 2021
5112 Walnut Grove Lane
$259,996 (our value guesstimate)
Charlotte, NC 28262 ▪  (MLS # 3669808)
Built: 1984
3 bed  ▪  2 full bath  ▪  1,328 Sq Ft
Sold for $210,000 on Sep 17, 2021
SOLD SEP 17, 2021
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SOLD SEP 17, 2021
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$210,000  (sales price)
3 bed  ▪  2 full bath  ▪  1,328 Sq Ft
5112 Walnut Grove Lane
Charlotte, NC 28262 (MLS # 3669808)
.2 acres  ▪   Built: 1984
Subdivision: Marlwood Acres
Charlotte, NC / 28262

Our Value Guesstimate (from Computer Algorithm): $259,996

Our computer algorithm has estimated that this home would be likely to sell in a range between $220,997 and $298,995.
Sale Details
Sales Price: $210,000
Closed: Sep 17, 2021 (924 days ago)
List Price: $200,000
Sold for: 105% of list price
Cumulative Days on Market: 18
Price/Sq Ft: $158
Remarks - 5112 Walnut Grove Lane
(from previous listing) Back on the market due to buyer financing fell trough. Great opportunity to own an cashflow investment property with long term tenants already in place! Home has recently updated plumbing, electrical, roof and HVAC. Quiet neighborhood with plenty of trees for shade and privacy. Fenced in back yard is great for families and pets! Great tenants on month to month and will stay. Do not disturb tenants.
General Info - MLS # 3669808
Parking: Driveway
Year Built: 1984
Listing Status: Sold
Property Type: Single Family Home
Location: Charlotte / Mecklenburg County
Lot Size: .2 acres
Area Schools
2/10
Albemarle Road Elementary School
Distance: 0.6 mi
2/10
Albemarle Road Middle School
Distance: 0.7 mi
4/10
Independence High School
Distance: 1.7 mi

*School ratings sourced from CarolinaSchoolHub. To verify enrollment eligibility, please contact the school directly.
Neighborhood Info
Subdivision: Marlwood Acres
Community Features: None
Listing History
09/17/2021: MLS Sold for $210,000 (Canopy MLS)
Cumulative Days on Market: 18
More details

County Tax Data
2023 County Tax Assessment: $274,700
Next Mecklenburg County Tax Assessment: 2027
2023 Property Taxes: $2,154

1% List Fee for Sellers

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

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See Sold Homes in Marlwood Acres
SOLD SEP 7, 2022
Sold for $216/Sq Ft & 104% of list
2 cumulative days on market
$395,000 (sales price)
4 bed  ▪  2 full bath  ▪  1,829 SqFt
1109 Dooley Dr
Charlotte, NC 28227
Marlwood Acres
0.6 mi.

SOLD MAY 24, 2022
Sold for $228/Sq Ft & 97% of list
31 cumulative days on market
$340,000 (sales price)
3 bed  ▪  2 full bath  ▪  1,488 SqFt
1150 Robinhood Cir
Charlotte, NC 28227
Marlwood Acres
0.4 mi.

SOLD FEB 25, 2022
Sold for $232/Sq Ft & 100% of list
46 cumulative days on market
$350,000 (sales price)
3 bed  ▪  2 full bath  ▪  1,510 SqFt
1166 Robinhood Cir
Charlotte, NC 28227
Marlwood Acres
0.4 mi.

Neighborhood Summary (single family)
Marlwood Acres

Sales in:

Median $ / Sq Ft (single family)
Marlwood Acres




28262 ZIP Code Trends
28262 ZIP Code Trends

OUR RATING: MODERATELY COMPETITIVE

In Our ZIP Code Analysis (updated daily), we found that 28262 is the 48th most competitive area for buyers out of 66 ZIP codes analyzed in the Charlotte metro area.

In the 28262 ZIP code, for the past 90 days the following trends have occurred for previously owned homes listed in the Canopy MLS:

17
Median Days
Until Pending
Homes (that actually sold) went under contract after a median of 17 cumulative days on market in the 28262 area. Compare this with the Charlotte metro area median of 17 days on market.

16%
Of Recently Sold Homes
Over Asking Price
16% of previously owned 28262-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 28262.

41%
of Available Homes
Are Under Contract
41% of previously owned 28262-area homes are under contract – compared with 48% of all homes in the Charlotte metro area.

Price Per Square Foot Change
Period 28262 Area Metro Area
1-year + 5% + 2%
2-year + 2% + 2%
5-year +74% +66%
The price per square foot of 28262-area re-sale homes has increased by approximately 74% over the past 5 years (versus a 66% increase for the entire Charlotte metro area). Homes have been selling at a median of $191 per square foot in 28262 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 28262 area. Compare this with the Charlotte metro area median of 17 days on market.

16%
Of Recently Sold Homes
Over Asking Price

16% of previously owned 28262-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 28262.

Price Per Square Foot Change
Period 28262
Area
Metro
Area
1-year + 5% + 2%
2-year + 2% + 2%
5-year +74% +66%

The price per square foot of 28262-area re-sale homes has increased by approximately 74% over the past 5 years (versus a 66% increase for the entire Charlotte metro area). Homes have been selling at a median of $191 per square foot in 28262 over the past 90 days - as compared to $212 for the entire metro area.

41%
of Available Homes
Are Under Contract

41% of previously owned 28262-area homes are under contract – compared with 48% of all homes in the Charlotte metro area.



Our Value Guesstimate: $259,996

Our computer algorithm has estimated that this home would be likely to sell in a range between $220,997 and $298,995.


Sale Details
Sales Price: $210,000
Closed: Sep 17, 2021 (924 days ago)
List Price: $200,000
Sold for: 105% of list price
Cumulative Days on Market: 18
Price/Sq Ft: $158
Remarks
(from previous listing) Back on the market due to buyer financing fell trough. Great opportunity to own an cashflow investment property with long term tenants already in place! Home has recently updated plumbing, electrical, roof and HVAC. Quiet neighborhood with plenty of trees for shade and privacy. Fenced in back yard i ...
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General Info - MLS 3669808
Parking: Driveway
Year Built: 1984
Listing Status: Sold
Property Type: Single Family Home
Location: Charlotte / Mecklenburg County
Lot Size: .2 acres

Neighborhood Info
Subdivision: Marlwood Acres
Community Features: None
Listing History
09/17/2021: MLS Sold for $210,000 (Canopy MLS)
Cumulative Days on Market: 18
More details

Area Schools
2/10
Albemarle Road Elementary School
Distance: 0.6 mi
2/10
Albemarle Road Middle School
Distance: 0.7 mi
4/10
Independence High School
Distance: 1.7 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.
If you’re looking to sell a home in the Marlwood Acres neighborhood, we’d be happy to discuss this with you. We can also assist homebuyers and sellers in neighborhoods nearby, including Covington Commons, Wildwood, and Cheverton.



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.