Terra Vista Realty
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Terra Vista Realty
2240 Arbor Vista Drive
2240 Arbor Vista Drive
$427,840 (our value guesstimate)
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Charlotte, NC 28262 ▪  (MLS # 3919929)
2-car garage  ▪   Built: 2005  ▪   Primary Up
5 bed  ▪  2 full & 1 half bath  ▪  2,361 Sq Ft
Sold for $400,000 on Feb 27, 2023
2240 Arbor Vista Drive
$427,840 (our value guesstimate)
Charlotte, NC 28262 ▪  (MLS # 3919929)
2-car garage  ▪   Built: 2005  ▪   Primary Up
5 bed  ▪  2 full & 1 half bath  ▪  2,361 Sq Ft
Sold for $400,000 on Feb 27, 2023
SOLD FEB 27, 2023
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$400,000  (sales price)
5 bed  ▪  2 full & 1 half bath  ▪  2,361 Sq Ft
2240 Arbor Vista Drive
Charlotte, NC 28262 (MLS # 3919929)
.14 acres  ▪   Built: 2005  ▪   Primary Bedroom Up
Subdivision: Arbor Hills
Charlotte, NC / 28262

Our Value Guesstimate (from Computer Algorithm): $427,840

Our computer algorithm has estimated that this home would be likely to sell in a range between $363,664 and $492,016.
Sale Details
Sales Price: $400,000
Closed: Feb 27, 2023 (396 days ago)
List Price: $419,000
Sold for: 95% of list price
Cumulative Days on Market: 68
Price/Sq Ft: $169
Remarks - 2240 Arbor Vista Drive
(from previous listing) For those that have been looking for a home that is bigger than your standard three bedroom, two bath home, we have it right here for you. This home shows off five very spacious bedrooms with an office on the main level. Get creative and put a murphy's bed in the office and now you have a guest room downstairs. The large kitchen that has copious amounts of cabinet space also has an island and over looks the dining room. The family room offers immense space for larger furniture with a gas log fir ...
Continue reading

General Info - MLS # 3919929
Parking: Garage, Parking Space(s)
Year Built: 2005
Master / Primary Bedroom: Upper floor
Listing Status: Sold
Property Type: Single Family Home
Location: Charlotte / Mecklenburg County
Lot Size: .14 acres
Area Schools
3/10
Mallard Creek Elementary School
Distance: 0.9 mi
3/10
Ridge Road Middle School
Distance: 2.5 mi
3/10
Mallard Creek High School
Distance: 1.7 mi

*School ratings sourced from CarolinaSchoolHub. To verify enrollment eligibility, please contact the school directly.
Neighborhood Info
Subdivision: Arbor Hills
Community Features: Sidewalks, Street Lights, Walking Trails
Listing History
02/27/2023: MLS Sold for $400,000 (Canopy MLS)
Cumulative Days on Market: 68
More details

County Tax Data
2023 County Tax Assessment: $424,700
Next Mecklenburg County Tax Assessment: 2027
2023 Property Taxes: $3,254

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 Arbor Hills
SOLD FEB 2, 2024
Sold for $170/Sq Ft & 98% of list
2 cumulative days on market
$415,000 (sales price)
5 bed  ▪  2 full & 1 h. bath  ▪  2,440 SqFt
10917 Claude Freeman Dr
Charlotte, NC 28262
Arbor Hills
0.1 mi.

SOLD MAY 10, 2023
Sold for $174/Sq Ft & 98% of list
15 cumulative days on market
$415,000 (sales price)
4 bed  ▪  2 full & 1 h. bath  ▪  2,379 SqFt
10320 Scotch Pine Cir
Charlotte, NC 28262
Arbor Hills
0.4 mi.

SOLD APR 26, 2023
Sold for $176/Sq Ft & 100% of list
103 cumulative days on market
$419,000 (sales price)
5 bed  ▪  2 full & 1 h. bath  ▪  2,381 SqFt
10918 Claude Freeman Dr
Charlotte, NC 28262
Arbor Hills
0.1 mi.

Neighborhood Summary (single family)
Arbor Hills

Sales in:

Median $ / Sq Ft (single family)
Arbor Hills




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: $427,840

Our computer algorithm has estimated that this home would be likely to sell in a range between $363,664 and $492,016.


Sale Details
Sales Price: $400,000
Closed: Feb 27, 2023 (396 days ago)
List Price: $419,000
Sold for: 95% of list price
Cumulative Days on Market: 68
Price/Sq Ft: $169
Remarks
(from previous listing) For those that have been looking for a home that is bigger than your standard three bedroom, two bath home, we have it right here for you. This home shows off five very spacious bedrooms with an office on the main level. Get creative and put a murphy's bed in the office and now you have a guest room ...
Continue reading

General Info - MLS 3919929
Parking: Garage, Parking Space(s)
Year Built: 2005
Master / Primary Bedroom: Upper floor
Listing Status: Sold
Property Type: Single Family Home
Location: Charlotte / Mecklenburg County
Lot Size: .14 acres

Neighborhood Info
Subdivision: Arbor Hills
Community Features: Sidewalks, Street Lights, Walking Trails
Listing History
02/27/2023: MLS Sold for $400,000 (Canopy MLS)
Cumulative Days on Market: 68
More details

Area Schools
3/10
Mallard Creek Elementary School
Distance: 0.9 mi
3/10
Ridge Road Middle School
Distance: 2.5 mi
3/10
Mallard Creek 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 Arbor Hills neighborhood, we’d be happy to discuss this with you. We can also assist homebuyers and sellers in neighborhoods nearby, including Chatham, Fountaingrove, and Glenmere.



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.