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Terra Vista Realty
405 W 7th Street
405 W 7th Street, Unit 207
$472,395 (our value guesstimate)
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Charlotte, NC 28202 ▪  (MLS # 3851435)
Built: 1999
2 bed  ▪  2 full bath  ▪  1,079 Sq Ft
Sold for $420,000 on Jun 21, 2022
405 W 7th Street, Unit 207
$472,395 (our value guesstimate)
Charlotte, NC 28202 ▪  (MLS # 3851435)
Built: 1999
2 bed  ▪  2 full bath  ▪  1,079 Sq Ft
Sold for $420,000 on Jun 21, 2022
SOLD JUN 21, 2022
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$420,000  (sales price)
2 bed  ▪  2 full bath  ▪  1,079 Sq Ft
405 W 7th Street
Charlotte, NC 28202 (MLS # 3851435)
Built: 1999
Complex Name: Park Plaza
Charlotte, NC / 28202

Our Value Guesstimate (from Computer Algorithm): $472,395

Our computer algorithm has estimated that this home would be likely to sell in a range between $401,536 and $543,254.
Sale Details
Sales Price: $420,000
Closed: Jun 21, 2022 (646 days ago)
List Price: $429,900
Sold for: 98% of list price
Cumulative Days on Market: 36
Price/Sq Ft: $389
Remarks - 405 W 7th Street, Unit 207
(from previous listing) Completely remodeled and beautiful condo located in the heart of Uptown Charlotte, NC! Rare chance to own one of the most modern units in the city in the very sought after Park Plaza Complex. Updated kitchen boasts new stainless steel appliances, quartz countertops, updated cabinets, new faucet and new sink. New LVP flooring throughout the home, you won't find any carpet here! Upgraded bathrooms feature new faucets, sinks, and tiled shower/tub combinations. New paint throughout the unit to inclu ...
Continue reading

General Info - MLS # 3851435
Parking: Assigned
Year Built: 1999
Listing Status: Sold
Property Type: Condo
Location: Charlotte / Mecklenburg County
Area Schools
5/10
Briarwood Academy
Distance: 4.6 mi
1/10
Martin Luther King Jr Middle School
Distance: 4.3 mi
1/10
Garinger High School
Distance: 3.5 mi

*School ratings sourced from CarolinaSchoolHub. To verify enrollment eligibility, please contact the school directly.
Neighborhood Info
Complex Name: Park Plaza
Subdivision: Park Plaza
Community Features: Elevator
Listing History
06/21/2022: MLS Sold for $420,000 (Canopy MLS)
Cumulative Days on Market: 36
More details

County Tax Data
2023 County Tax Assessment: $410,138
Next Mecklenburg County Tax Assessment: 2027
2023 Property Taxes: $3,200

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 Park Plaza
SOLD MAR 14, 2024
Condo
Sold for $385/Sq Ft & 99% of list
24 cumulative days on market
$485,000 (sales price)
3 bed  ▪  2 full bath  ▪  1,260 SqFt
405 7th St, Unit 502
Charlotte, NC 28202
Park Plaza
0.0 mi.

SOLD APR 4, 2023
Condo / TH
Sold for $328/Sq Ft & 103% of list
4 cumulative days on market
$387,500 (sales price)
2 bed  ▪  2 full bath  ▪  1,182 SqFt
405 7th St, Unit 404
Charlotte, NC 28202
Park Plaza
0.0 mi.

SOLD MAR 21, 2023
Condo / TH
Sold for $153/Sq Ft & 107% of list
3 cumulative days on market
$144,000 (sales price)
2 bed  ▪  1 full & 0 h. bath  ▪  943 SqFt
4914 Malibu Dr
Charlotte, NC 28215
Park Plaza
4.2 mi.

Neighborhood Summary ( Condo )
Park Plaza


Sales in:

Median $ / Sq Ft ( Condo )
Park Plaza







28202 ZIP Code Trends
28202 ZIP Code Trends

OUR RATING: LESS COMPETITIVE

In Our ZIP Code Analysis (updated daily), we found that 28202 is the 57th most competitive area for buyers out of 66 ZIP codes analyzed in the Charlotte metro area.

In the 28202 ZIP code, for the past 90 days the following trends have occurred for previously owned homes listed in the Canopy MLS:

21
Median Days
Until Pending
Homes (that actually sold) went under contract after a median of 21 cumulative days on market in the 28202 area. Compare this with the Charlotte metro area median of 17 days on market.

13%
Of Recently Sold Homes
Over Asking Price
13% of previously owned 28202-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 28202.

35%
of Available Homes
Are Under Contract
35% of previously owned 28202-area homes are under contract – compared with 49% of all homes in the Charlotte metro area.

Price Per Square Foot Change
Period 28202 Area Metro Area
1-year + 4% + 3%
2-year + 7% + 2%
5-year +35% +66%
The price per square foot of 28202-area re-sale homes has increased by approximately 35% over the past 5 years (versus a 66% increase for the entire Charlotte metro area). Homes have been selling at a median of $409 per square foot in 28202 over the past 90 days - as compared to $212 for the entire metro area.

21
Median Days
Until Pending

Homes (that actually sold) went under contract after a median of 21 cumulative days on market in the 28202 area. Compare this with the Charlotte metro area median of 17 days on market.

11%
Of Recently Sold Homes
Over Asking Price

11% of previously owned 28202-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 28202.

Price Per Square Foot Change
Period 28202
Area
Metro
Area
1-year + 4% + 3%
2-year + 7% + 2%
5-year +35% +66%

The price per square foot of 28202-area re-sale homes has increased by approximately 35% over the past 5 years (versus a 66% increase for the entire Charlotte metro area). Homes have been selling at a median of $409 per square foot in 28202 over the past 90 days - as compared to $212 for the entire metro area.

35%
of Available Homes
Are Under Contract

35% of previously owned 28202-area homes are under contract – compared with 49% of all homes in the Charlotte metro area.



Our Value Guesstimate: $472,395

Our computer algorithm has estimated that this home would be likely to sell in a range between $401,536 and $543,254.


Sale Details
Sales Price: $420,000
Closed: Jun 21, 2022 (646 days ago)
List Price: $429,900
Sold for: 98% of list price
Cumulative Days on Market: 36
Price/Sq Ft: $389
Remarks
(from previous listing) Completely remodeled and beautiful condo located in the heart of Uptown Charlotte, NC! Rare chance to own one of the most modern units in the city in the very sought after Park Plaza Complex. Updated kitchen boasts new stainless steel appliances, quartz countertops, updated cabinets, new faucet and ...
Continue reading

General Info - MLS 3851435
Parking: Assigned
Year Built: 1999
Listing Status: Sold
Property Type: Condo
Location: Charlotte / Mecklenburg County
Neighborhood Info
Complex Name: Park Plaza
Subdivision: Park Plaza
Community Features: Elevator
Listing History
06/21/2022: MLS Sold for $420,000 (Canopy MLS)
Cumulative Days on Market: 36
More details

Area Schools
5/10
Briarwood Academy
Distance: 4.6 mi
1/10
Martin Luther King Jr Middle School
Distance: 4.3 mi
1/10
Garinger High School
Distance: 3.5 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.



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.