Our Value Guesstimate (from Computer Algorithm): $138,641 Our computer algorithm has estimated that this home would be likely to sell in a range between $117,845 and $159,437.
Sale Details
Sales Price: $125,650 Closed: Oct 27, 2022 (519 days ago) List Price: $130,000
Sold for: 97% of list price Cumulative Days on Market: 17 Price/Sq Ft: $120
Remarks - 7961 Shady Oak Trail, Unit 60
(from previous listing) Great opportunity for an investor or owner occupant. New carpet and neutral paint throughout. Pantry in kitchen. Laundry room in kitchen. Tub has been refinished. Ample storage / closet space. Convenient to Light Rail, Bus Line, shopping, retail, I-485, I-77. These condos are non-warrantable per Fannie Mae and Freddie Mac due to the tenant vs occupancy rate. Buyer and Buyer agent to confirm with Lender. Back door frame is being replaced.
General Info - MLS # 3890418
Parking:
Parking Lot Year Built: 1973
Listing Status: Sold
Property Type: Condo
Location:Charlotte
/
Mecklenburg County
Flooring: Carpet, Linoleum, Vinyl Appliances: Dishwasher, Electric Range, Refrigerator
Other / Miscellaneous
Foundation: Slab Water: Public Sewer: Public Sewer Heating: Central, Forced Air Fireplace: None Porch: Back, Patio
Map / Satellite View
Satellite
Map
28210 ZIP Code Trends
28210 ZIP Code Trends
OUR RATING: MOST COMPETITIVE
In Our ZIP Code Analysis (updated daily), we found that 28210 is the 9th most competitive area for buyers out of 66 ZIP codes analyzed in the Charlotte metro area.
In the 28210 ZIP code, for the past 90 days the following trends have occurred for previously owned homes listed in the Canopy MLS:
6 Median Days Until Pending
Homes (that actually sold) went under contract after a median of 6 cumulative days on market in the 28210 area.
Compare this with the Charlotte metro area median of 17 days on market.
51% of previously owned 28210-area homes are under contract – compared with 48% of all homes in the Charlotte metro area.
Price Per Square Foot Change
Period
28210 Area
Metro Area
1-year
- 6%
+ 2%
2-year
-<1%
+ 2%
5-year
+55%
+66%
The price per square foot of 28210-area re-sale homes has
increased by approximately 55%
over the past 5 years (versus
a 66% increase
for the entire Charlotte metro area). Homes have been selling at a median of $272 per square foot in 28210 over the past 90 days - as compared to $212 for the entire metro area.
6 Median Days Until Pending
Homes (that actually sold) went under contract after a median of 6 cumulative days on market in the 28210 area.
Compare this with the Charlotte metro area median of 17 days on market.
The price per square foot of 28210-area re-sale homes has
increased by approximately 55%
over the past 5 years (versus
a 66% increase
for the entire Charlotte metro area). Homes have been selling at a median of $272 per square foot in 28210 over the past 90 days - as compared to $212 for the entire metro area.
51% of Available Homes Are Under Contract
51% of previously owned 28210-area homes are under contract – compared with 48% of all homes in the Charlotte metro area.
Our Value Guesstimate: $138,641 Our computer algorithm has estimated that this home would be likely to sell in a range between $117,845 and $159,437.
Sale Details
Sales Price: $125,650 Closed: Oct 27, 2022 (519 days ago) List Price: $130,000 Sold for: 97% of list price Cumulative Days on Market: 17 Price/Sq Ft: $120
Remarks
(from previous listing) Great opportunity for an investor or owner occupant. New carpet and neutral paint throughout. Pantry in kitchen. Laundry room in kitchen. Tub has been refinished. Ample storage / closet space. Convenient to Light Rail, Bus Line, shopping, retail, I-485, I-77. These condos are non-warrantable per Fa ... Continue readingnnie Mae and Freddie Mac due to the tenant vs occupancy rate. Buyer and Buyer agent to confirm with Lender. Back door frame is being replaced.
General Info - MLS 3890418
Parking:
Parking Lot Year Built: 1973
Listing Status: Sold
Property Type: Condo
Location:Charlotte
/
Mecklenburg County