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7988 Shady Oak Trail
7988 Shady Oak Trail, Unit 168
$138,698 (our value guesstimate)
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Charlotte, NC 28210 ▪  (MLS # 3810926)
Built: 1973
2 bed  ▪  2 full bath  ▪  944 Sq Ft
Sold for $116,000 on Jan 21, 2022
7988 Shady Oak Trail, Unit 168
$138,698 (our value guesstimate)
Charlotte, NC 28210 ▪  (MLS # 3810926)
Built: 1973
2 bed  ▪  2 full bath  ▪  944 Sq Ft
Sold for $116,000 on Jan 21, 2022
SOLD JAN 21, 2022
Condo
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$116,000  (sales price)
2 bed  ▪  2 full bath  ▪  944 Sq Ft
7988 Shady Oak Trail
Charlotte, NC 28210 (MLS # 3810926)
Built: 1973
Complex Name: Quail Run
Charlotte, NC / 28210

Our Value Guesstimate (from Computer Algorithm): $138,698

Our computer algorithm has estimated that this home would be likely to sell in a range between $117,893 and $159,503.
Sale Details
Sales Price: $116,000
Closed: Jan 21, 2022 (797 days ago)
List Price: $116,500
Sold for: 100% of list price
Cumulative Days on Market: 11
Price/Sq Ft: $123
Remarks - 7988 Shady Oak Trail, Unit 168
(from previous listing) Great 2 bedroom, 2 bathroom condo located in Quail Run. This unit has neutral paint and flooring, and new countertops have just been installed. Vacant and easy to show. Great for an investor or owner occupant. Market rent for this unit is approximately $1095 per month. Convenient to Light Rail, Bus Line, shopping, retail, I-485, I-77.
General Info - MLS # 3810926
Parking: Parking Lot
Year Built: 1973
Listing Status: Sold
Property Type: Condo
Location: Charlotte / Mecklenburg County
Area Schools
1/10
Sterling Elementary School
Distance: 1.3 mi
4/10
Quail Hollow Middle School
Distance: 1.2 mi
7/10
South Mecklenburg High School
Distance: 1.1 mi

*School ratings sourced from CarolinaSchoolHub. To verify enrollment eligibility, please contact the school directly.
Neighborhood Info
Complex Name: Quail Run
Listing History
01/21/2022: MLS Sold for $116,000 (Canopy MLS)
Cumulative Days on Market: 11
More details

County Tax Data
2023 County Tax Assessment: $120,104
Next Mecklenburg County Tax Assessment: 2027
2023 Property Taxes: $1,020

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

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 5th 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.

39%
Of Recently Sold Homes
Over Asking Price
39% of previously owned 28210-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 28210.

55%
of Available Homes
Are Under Contract
55% of previously owned 28210-area homes are under contract – compared with 49% of all homes in the Charlotte metro area.

Price Per Square Foot Change
Period 28210 Area Metro Area
1-year - 6% + 3%
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 $273 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.

39%
Of Recently Sold Homes
Over Asking Price

39% of previously owned 28210-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 28210.

Price Per Square Foot Change
Period 28210
Area
Metro
Area
1-year - 6% + 3%
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 $273 per square foot in 28210 over the past 90 days - as compared to $212 for the entire metro area.

55%
of Available Homes
Are Under Contract

55% of previously owned 28210-area homes are under contract – compared with 49% of all homes in the Charlotte metro area.



Our Value Guesstimate: $138,698

Our computer algorithm has estimated that this home would be likely to sell in a range between $117,893 and $159,503.


Sale Details
Sales Price: $116,000
Closed: Jan 21, 2022 (797 days ago)
List Price: $116,500
Sold for: 100% of list price
Cumulative Days on Market: 11
Price/Sq Ft: $123
Remarks
(from previous listing) Great 2 bedroom, 2 bathroom condo located in Quail Run. This unit has neutral paint and flooring, and new countertops have just been installed. Vacant and easy to show. Great for an investor or owner occupant. Market rent for this unit is approximately $1095 per month. Convenient to Light Rail, Bus ...
Continue reading

General Info - MLS 3810926
Parking: Parking Lot
Year Built: 1973
Listing Status: Sold
Property Type: Condo
Location: Charlotte / Mecklenburg County
Neighborhood Info
Complex Name: Quail Run
Listing History
01/21/2022: MLS Sold for $116,000 (Canopy MLS)
Cumulative Days on Market: 11
More details

Area Schools
1/10
Sterling Elementary School
Distance: 1.3 mi
4/10
Quail Hollow Middle School
Distance: 1.2 mi
7/10
South Mecklenburg High School
Distance: 1.1 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


 

 Neighborhood & School Information:
South Charlotte
Southpark



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.
Neighborhoods nearby include #ClosestSubdivs.subdivision#, #ClosestSubdivs.subdivision#, and #ClosestSubdivs.subdivision#.



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.