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Terra Vista Realty
5300 Walnut Grove Lane
5300 Walnut Grove Lane
$296,706 (our value guesstimate)
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Charlotte, NC 28227 ▪  (MLS # 3617229)
Built: 1983  ▪   Primary on Main
3 bed  ▪  2 full bath  ▪  1,228 Sq Ft
Sold for $187,900 on Jul 07, 2020
5300 Walnut Grove Lane
$296,706 (our value guesstimate)
Charlotte, NC 28227 ▪  (MLS # 3617229)
Built: 1983  ▪   Primary on Main
3 bed  ▪  2 full bath  ▪  1,228 Sq Ft
Sold for $187,900 on Jul 07, 2020
SOLD JUL 7, 2020
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$187,900  (sales price)
3 bed  ▪  2 full bath  ▪  1,228 Sq Ft
5300 Walnut Grove Lane
Charlotte, NC 28227 (MLS # 3617229)
.22 acres  ▪   Built: 1983  ▪   Primary Bedroom on Main
Subdivision: Walnut Grove
Charlotte, NC / 28227

Our Value Guesstimate (from Computer Algorithm): $296,706

Our computer algorithm has estimated that this home would be likely to sell in a range between $252,200 and $341,212.
Sale Details
Sales Price: $187,900
Closed: Jul 7, 2020 (1,361 days ago)
List Price: $187,900
Sold for: 100% of list price
Cumulative Days on Market: 18
Price/Sq Ft: $153
Remarks - 5300 Walnut Grove Lane
(from previous listing) Wonderful ranch style home with 3 BR and 2 BA in popular location. This home has been well taken care of and pride of ownership shows. New insulated windows were installed in 2019! Custom 2-sided fireplace opens up to vaulted Great Room and enclosed deck/sunroom. Well appointed kitchen with lots of countertop space and nice eat-in dining area. Large utility room and seller is leaving washer and dryer. Master bedroom suite has french doors that open up to the Sunroom/enclosed deck and a pri ...
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General Info - MLS # 3617229
Parking: Driveway, Parking Space - 3
Year Built: 1983
Master / Primary Bedroom: Main floor
Listing Status: Sold
Property Type: Single Family Home
Location: Charlotte / Mecklenburg County
Lot Size: .22 acres
Area Schools
2/10
Albemarle Road Elementary School
Distance: 0.7 mi
2/10
Albemarle Road Middle School
Distance: 0.8 mi
4/10
Independence High School
Distance: 1.6 mi

*School ratings sourced from CarolinaSchoolHub. To verify enrollment eligibility, please contact the school directly.
Neighborhood Info
Subdivision: Walnut Grove
Listing History
07/07/2020: MLS Sold for $187,900 (Canopy MLS)
Cumulative Days on Market: 18
More details

County Tax Data
2023 County Tax Assessment: $281,100
Next Mecklenburg County Tax Assessment: 2027

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


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28227 ZIP Code Trends
28227 ZIP Code Trends

OUR RATING: MODERATELY COMPETITIVE

In Our ZIP Code Analysis (updated daily), we found that 28227 is the 38th most competitive area for buyers out of 66 ZIP codes analyzed in the Charlotte metro area.

In the 28227 ZIP code, for the past 90 days the following trends have occurred for previously owned homes listed in the Canopy MLS:

23
Median Days
Until Pending
Homes (that actually sold) went under contract after a median of 23 cumulative days on market in the 28227 area. Compare this with the Charlotte metro area median of 17 days on market.

22%
Of Recently Sold Homes
Over Asking Price
22% of previously owned 28227-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 28227.

57%
of Available Homes
Are Under Contract
57% of previously owned 28227-area homes are under contract – compared with 48% of all homes in the Charlotte metro area.

Price Per Square Foot Change
Period 28227 Area Metro Area
1-year - 2% + 2%
2-year -<1% + 2%
5-year +66% +66%
The price per square foot of 28227-area re-sale homes has increased by approximately 66% over the past 5 years (versus a 66% increase for the entire Charlotte metro area). Homes have been selling at a median of $199 per square foot in 28227 over the past 90 days - as compared to $212 for the entire metro area.

23
Median Days
Until Pending

Homes (that actually sold) went under contract after a median of 23 cumulative days on market in the 28227 area. Compare this with the Charlotte metro area median of 17 days on market.

21%
Of Recently Sold Homes
Over Asking Price

21% of previously owned 28227-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 28227.

Price Per Square Foot Change
Period 28227
Area
Metro
Area
1-year - 2% + 2%
2-year -<1% + 2%
5-year +66% +66%

The price per square foot of 28227-area re-sale homes has increased by approximately 66% over the past 5 years (versus a 66% increase for the entire Charlotte metro area). Homes have been selling at a median of $199 per square foot in 28227 over the past 90 days - as compared to $212 for the entire metro area.

57%
of Available Homes
Are Under Contract

57% of previously owned 28227-area homes are under contract – compared with 48% of all homes in the Charlotte metro area.



Our Value Guesstimate: $296,706

Our computer algorithm has estimated that this home would be likely to sell in a range between $252,200 and $341,212.


Sale Details
Sales Price: $187,900
Closed: Jul 7, 2020 (1,361 days ago)
List Price: $187,900
Sold for: 100% of list price
Cumulative Days on Market: 18
Price/Sq Ft: $153
Remarks
(from previous listing) Wonderful ranch style home with 3 BR and 2 BA in popular location. This home has been well taken care of and pride of ownership shows. New insulated windows were installed in 2019! Custom 2-sided fireplace opens up to vaulted Great Room and enclosed deck/sunroom. Well appointed kitchen with lots ...
Continue reading

General Info - MLS 3617229
Parking: Driveway, Parking Space - 3
Year Built: 1983
Master / Primary Bedroom: Main floor
Listing Status: Sold
Property Type: Single Family Home
Location: Charlotte / Mecklenburg County
Lot Size: .22 acres

Neighborhood Info
Subdivision: Walnut Grove
Listing History
07/07/2020: MLS Sold for $187,900 (Canopy MLS)
Cumulative Days on Market: 18
More details

Area Schools
2/10
Albemarle Road Elementary School
Distance: 0.7 mi
2/10
Albemarle Road Middle School
Distance: 0.8 mi
4/10
Independence High School
Distance: 1.6 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.