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5617 Running Wood Lane
5617 Running Wood Lane
$289,813 (our value guesstimate)
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Charlotte, NC 28215 ▪  (MLS # 3925314)
Built: 1986
3 bed  ▪  2 full bath  ▪  1,214 Sq Ft
Sold for $260,000 on Feb 15, 2023
5617 Running Wood Lane
$289,813 (our value guesstimate)
Charlotte, NC 28215 ▪  (MLS # 3925314)
Built: 1986
3 bed  ▪  2 full bath  ▪  1,214 Sq Ft
Sold for $260,000 on Feb 15, 2023
SOLD FEB 15, 2023
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$260,000  (sales price)
3 bed  ▪  2 full bath  ▪  1,214 Sq Ft
5617 Running Wood Lane
Charlotte, NC 28215 (MLS # 3925314)
.27 acres  ▪   Built: 1986
Subdivision: Eastland Estates
Charlotte, NC / 28215

Our Value Guesstimate (from Computer Algorithm): $289,813

Our computer algorithm has estimated that this home would be likely to sell in a range between $246,341 and $333,285.
Sale Details
Sales Price: $260,000
Closed: Feb 15, 2023 (408 days ago)
List Price: $275,000
Sold for: 95% of list price
Cumulative Days on Market: 49
Price/Sq Ft: $214
Remarks - 5617 Running Wood Lane
(from previous listing) This home is a unique opportunity to be a part of the Charlotte real estate boom. With a new roof, and new paint this home is ready for new owners! Offering an open floor plan, beautiful wood burning fireplace, large flat lot, and quiet neighborhood that feels secluded but still close to all Charlotte has to offer- all this and no HOA!! Come check out this amazing find!
General Info - MLS # 3925314
Parking: None
Year Built: 1986
Listing Status: Sold
Property Type: Single Family Home
Location: Charlotte / Mecklenburg County
Lot Size: .27 acres
Area Schools
4/10
Lawrence Orr Elementary School
Distance: 0.5 mi
1/10
Cochrane Collegiate Academy
Distance: 1.7 mi
1/10
Garinger High School
Distance: 3.0 mi

*School ratings sourced from CarolinaSchoolHub. To verify enrollment eligibility, please contact the school directly.
Neighborhood Info
Subdivision: Eastland Estates
Listing History
02/15/2023: MLS Sold for $260,000 (Canopy MLS)
Cumulative Days on Market: 49
More details

County Tax Data
2023 County Tax Assessment: $225,100
Next Mecklenburg County Tax Assessment: 2027
2023 Property Taxes: $1,790

1% List Fee for Sellers

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

Are You the Owner?

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28215 ZIP Code Trends
28215 ZIP Code Trends

OUR RATING: VERY COMPETITIVE

In Our ZIP Code Analysis (updated daily), we found that 28215 is the 32nd most competitive area for buyers out of 66 ZIP codes analyzed in the Charlotte metro area.

In the 28215 ZIP code, for the past 90 days the following trends have occurred for previously owned homes listed in the Canopy MLS:

18
Median Days
Until Pending
Homes (that actually sold) went under contract after a median of 18 cumulative days on market in the 28215 area. Compare this with the Charlotte metro area median of 17 days on market.

27%
Of Recently Sold Homes
Over Asking Price
27% of previously owned 28215-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 28215.

44%
of Available Homes
Are Under Contract
44% of previously owned 28215-area homes are under contract – compared with 48% of all homes in the Charlotte metro area.

Price Per Square Foot Change
Period 28215 Area Metro Area
1-year + 2% + 2%
2-year +<1% + 2%
5-year +75% +66%
The price per square foot of 28215-area re-sale homes has increased by approximately 75% over the past 5 years (versus a 66% increase for the entire Charlotte metro area). Homes have been selling at a median of $203 per square foot in 28215 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 28215 area. Compare this with the Charlotte metro area median of 17 days on market.

27%
Of Recently Sold Homes
Over Asking Price

27% of previously owned 28215-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 28215.

Price Per Square Foot Change
Period 28215
Area
Metro
Area
1-year + 2% + 2%
2-year +<1% + 2%
5-year +75% +66%

The price per square foot of 28215-area re-sale homes has increased by approximately 75% over the past 5 years (versus a 66% increase for the entire Charlotte metro area). Homes have been selling at a median of $203 per square foot in 28215 over the past 90 days - as compared to $212 for the entire metro area.

45%
of Available Homes
Are Under Contract

45% of previously owned 28215-area homes are under contract – compared with 48% of all homes in the Charlotte metro area.



Our Value Guesstimate: $289,813

Our computer algorithm has estimated that this home would be likely to sell in a range between $246,341 and $333,285.


Sale Details
Sales Price: $260,000
Closed: Feb 15, 2023 (408 days ago)
List Price: $275,000
Sold for: 95% of list price
Cumulative Days on Market: 49
Price/Sq Ft: $214
Remarks
(from previous listing) This home is a unique opportunity to be a part of the Charlotte real estate boom. With a new roof, and new paint this home is ready for new owners! Offering an open floor plan, beautiful wood burning fireplace, large flat lot, and quiet neighborhood that feels secluded but still close to all Charlot ...
Continue reading

General Info - MLS 3925314
Parking: None
Year Built: 1986
Listing Status: Sold
Property Type: Single Family Home
Location: Charlotte / Mecklenburg County
Lot Size: .27 acres

Neighborhood Info
Subdivision: Eastland Estates
Listing History
02/15/2023: MLS Sold for $260,000 (Canopy MLS)
Cumulative Days on Market: 49
More details

Area Schools
4/10
Lawrence Orr Elementary School
Distance: 0.5 mi
1/10
Cochrane Collegiate Academy
Distance: 1.7 mi
1/10
Garinger High School
Distance: 3.0 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 03/29/2024. 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.