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Terra Vista Realty
5500 McAlpine Farm Road
5500 McAlpine Farm Road
$1,289,882 (our value guesstimate)
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Charlotte, NC 28226 ▪  (MLS # 3883970)
2-car garage  ▪   Built: 1976  ▪   Primary on Main
4 bed  ▪  3 full & 2 half bath  ▪  3,004 Sq Ft
Sold for $1,160,000 on Aug 31, 2022
5500 McAlpine Farm Road
$1,289,882 (our value guesstimate)
Charlotte, NC 28226 ▪  (MLS # 3883970)
2-car garage  ▪   Built: 1976  ▪   Primary on Main
4 bed  ▪  3 full & 2 half bath  ▪  3,004 Sq Ft
Sold for $1,160,000 on Aug 31, 2022
SOLD AUG 31, 2022
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$1,160,000  (sales price)
4 bed  ▪  3 full & 2 half bath  ▪  3,004 Sq Ft
5500 McAlpine Farm Road
Charlotte, NC 28226 (MLS # 3883970)
.54 acres  ▪   Built: 1976  ▪   Primary Bedroom on Main
Subdivision: Montibello
Charlotte, NC / 28226

Our Value Guesstimate (from Computer Algorithm): $1,289,882

Our computer algorithm has estimated that this home would be likely to sell in a range between $1,096,400 and $1,483,364.
Sale Details
Sales Price: $1,160,000
Closed: Aug 31, 2022 (575 days ago)
List Price: $1,100,000
Sold for: 105% of list price
Cumulative Days on Market: 2
Price/Sq Ft: $386
Remarks - 5500 McAlpine Farm Road
(from previous listing) Stunning fully renovated contemporary home in the heart of highly desirable Montibello! Primary suite on the main level as well as two add'l bedrooms. Open & flexible floorplan, high ceilings, abundant natural light, clean lines, hardwood flooring throughout & a .54 acre private lot! Custom kitchen w/large island, quartzite counters, wine fridge & gas range opens to a great room with a whitewashed brick fireplace. Living room/office features custom built-ins. Lower level features a generous bon ...
Continue reading

General Info - MLS # 3883970
Parking: Attached, Garage - 2 Car
Year Built: 1976
Master / Primary Bedroom: Main floor
Listing Status: Sold
Property Type: Single Family Home
Location: Charlotte / Mecklenburg County
Lot Size: .54 acres
Area Schools
10/10
Beverly Woods Elementary School
Distance: 1.6 mi
8/10
Carmel Middle School
Distance: 1.2 mi
7/10
South Mecklenburg High School
Distance: 2.5 mi

*School ratings sourced from CarolinaSchoolHub. To verify enrollment eligibility, please contact the school directly.
Neighborhood Info
Subdivision: Montibello
Listing History
08/31/2022: MLS Sold for $1,160,000 (Canopy MLS)
Cumulative Days on Market: 2
More details

08/05/2021: MLS # 3752045 sold for $1,035,500 (Canopy MLS) - SEE LISTING
Cumulative Days on Market: 4
County Tax Data
2023 County Tax Assessment: $1,049,400
Next Mecklenburg County Tax Assessment: 2027
2023 Property Taxes: $7,836

1% List Fee for Sellers

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

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  More Home Details
  Map / Satellite View

See Sold Homes in Montibello
SOLD DEC 28, 2023
Sold for $285/Sq Ft & 91% of list
50 cumulative days on market
$775,000 (sales price)
5 bed  ▪  3 full bath  ▪  2,723 SqFt
3032 Lauren Glen Rd
Charlotte, NC 28226
Montibello
0.2 mi.

SOLD JUL 27, 2023
Sold for $301/Sq Ft & 95% of list
47 cumulative days on market
$925,000 (sales price)
4 bed  ▪  2 full & 2 h. bath  ▪  3,072 SqFt
5700 Mcalpine Farm Rd
Charlotte, NC 28226
Montibello
0.1 mi.

SOLD JUL 18, 2023
Sold for $391/Sq Ft & 109% of list
0 cumulative days on market
$1,250,000 (sales price)
5 bed  ▪  3 full bath  ▪  3,196 SqFt
5113 Mcalpine Farm Rd
Charlotte, NC 28226
Montibello
0.2 mi.

Neighborhood Summary (single family)
Montibello

Sales in:

Median $ / Sq Ft (single family)
Montibello




28226 ZIP Code Trends
28226 ZIP Code Trends

OUR RATING: MOST COMPETITIVE

In Our ZIP Code Analysis (updated daily), we found that 28226 is the 11th most competitive area for buyers out of 66 ZIP codes analyzed in the Charlotte metro area.

In the 28226 ZIP code, for the past 90 days the following trends have occurred for previously owned homes listed in the Canopy MLS:

9
Median Days
Until Pending
Homes (that actually sold) went under contract after a median of 9 cumulative days on market in the 28226 area. Compare this with the Charlotte metro area median of 17 days on market.

35%
Of Recently Sold Homes
Over Asking Price
35% of previously owned 28226-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 28226.

54%
of Available Homes
Are Under Contract
54% of previously owned 28226-area homes are under contract – compared with 49% of all homes in the Charlotte metro area.

Price Per Square Foot Change
Period 28226 Area Metro Area
1-year - 1% + 3%
2-year + 3% + 2%
5-year +63% +66%
The price per square foot of 28226-area re-sale homes has increased by approximately 63% over the past 5 years (versus a 66% increase for the entire Charlotte metro area). Homes have been selling at a median of $261 per square foot in 28226 over the past 90 days - as compared to $212 for the entire metro area.

10
Median Days
Until Pending

Homes (that actually sold) went under contract after a median of 10 cumulative days on market in the 28226 area. Compare this with the Charlotte metro area median of 17 days on market.

34%
Of Recently Sold Homes
Over Asking Price

34% of previously owned 28226-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 28226.

Price Per Square Foot Change
Period 28226
Area
Metro
Area
1-year - 1% + 3%
2-year + 3% + 2%
5-year +63% +66%

The price per square foot of 28226-area re-sale homes has increased by approximately 63% over the past 5 years (versus a 66% increase for the entire Charlotte metro area). Homes have been selling at a median of $261 per square foot in 28226 over the past 90 days - as compared to $212 for the entire metro area.

54%
of Available Homes
Are Under Contract

54% of previously owned 28226-area homes are under contract – compared with 49% of all homes in the Charlotte metro area.



Our Value Guesstimate: $1,289,882

Our computer algorithm has estimated that this home would be likely to sell in a range between $1,096,400 and $1,483,364.


Sale Details
Sales Price: $1,160,000
Closed: Aug 31, 2022 (575 days ago)
List Price: $1,100,000
Sold for: 105% of list price
Cumulative Days on Market: 2
Price/Sq Ft: $386
Remarks
(from previous listing) Stunning fully renovated contemporary home in the heart of highly desirable Montibello! Primary suite on the main level as well as two add'l bedrooms. Open & flexible floorplan, high ceilings, abundant natural light, clean lines, hardwood flooring throughout & a .54 acre private lot! Custom kitchen ...
Continue reading

General Info - MLS 3883970
Parking: Attached, Garage - 2 Car
Year Built: 1976
Master / Primary Bedroom: Main floor
Listing Status: Sold
Property Type: Single Family Home
Location: Charlotte / Mecklenburg County
Lot Size: .54 acres

Neighborhood Info
Subdivision: Montibello
Listing History
08/31/2022: MLS Sold for $1,160,000 (Canopy MLS)
Cumulative Days on Market: 2
More details


08/05/2021: MLS # 3752045 sold for $1,035,500 (Canopy MLS) - SEE LISTING
Cumulative Days on Market: 4

Area Schools
10/10
Beverly Woods Elementary School
Distance: 1.6 mi
8/10
Carmel Middle School
Distance: 1.2 mi
7/10
South Mecklenburg High School
Distance: 2.5 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 Montibello neighborhood, we’d be happy to discuss this with you. We can also assist homebuyers and sellers in neighborhoods nearby, including English Gardens, Stonecroft, and Abbotswood.



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.