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Terra Vista Realty
5508 Colony Road
5508 Colony Road
$1,214,561 (our value guesstimate)
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Charlotte, NC 28226 ▪  (MLS # 3680369)
2-car garage  ▪   Built: 1989  ▪   Primary on Main
5 bed  ▪  3 full & 1 half bath  ▪  4,576 Sq Ft
Sold for $985,000 on Apr 29, 2021
5508 Colony Road
$1,214,561 (our value guesstimate)
Charlotte, NC 28226 ▪  (MLS # 3680369)
2-car garage  ▪   Built: 1989  ▪   Primary on Main
5 bed  ▪  3 full & 1 half bath  ▪  4,576 Sq Ft
Sold for $985,000 on Apr 29, 2021
SOLD APR 29, 2021
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$985,000  (sales price)
5 bed  ▪  3 full & 1 half bath  ▪  4,576 Sq Ft
5508 Colony Road
Charlotte, NC 28226 (MLS # 3680369)
.43 acres  ▪   Built: 1989  ▪   Primary Bedroom on Main
Subdivision: Giverny
Charlotte, NC / 28226

Our Value Guesstimate (from Computer Algorithm): $1,214,561

Our computer algorithm has estimated that this home would be likely to sell in a range between $1,032,377 and $1,396,745.
Sale Details
Sales Price: $985,000
Closed: Apr 29, 2021 (1,065 days ago)
List Price: $985,000
Sold for: 100% of list price
Cumulative Days on Market: 123
Price/Sq Ft: $215
Remarks - 5508 Colony Road
(from previous listing) **Under Contract 3/17/21**.This property is unlike any home in Giverny with its numerous upgrades and amenities: Brand new clear annealed insulated windows in Great Room. Newer roof (2018) with a 50-year transferrable warranty on parts & labor, Newer upstairs high-efficient variable-speed HVAC (2015), Fully painted home, New hardwoods upstairs, Two new high-grade built ins, New oversized gutters, Completely renovated backyard with Waterfall, Internet hard-wired, Water filtration system and RO, ...
Continue reading

General Info - MLS # 3680369
Parking: Attached, Garage - 2 Car
Year Built: 1989
Master / Primary Bedroom: Main floor
Listing Status: Sold
Property Type: Single Family Home
Location: Charlotte / Mecklenburg County
Lot Size: .43 acres
Area Schools
10/10
Sharon Elementary School
Distance: 1.3 mi
8/10
Carmel Middle School
Distance: 0.6 mi
10/10
Myers Park High School
Distance: 2.8 mi

*School ratings sourced from CarolinaSchoolHub. To verify enrollment eligibility, please contact the school directly.
Neighborhood Info
Subdivision: Giverny
Listing History
04/29/2021: MLS Sold for $985,000 (Canopy MLS)
Cumulative Days on Market: 123
More details

06/05/2015: MLS # 3044168 sold for $625,000 (Canopy MLS) - SEE LISTING
Cumulative Days on Market: 118
County Tax Data
2023 County Tax Assessment: $1,130,400
Next Mecklenburg County Tax Assessment: 2027
2023 Property Taxes: $8,431

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 Giverny
SOLD JUN 20, 2023
Sold for $275/Sq Ft & 100% of list
7 cumulative days on market
$1,200,000 (sales price)
5 bed  ▪  3 full & 1 h. bath  ▪  4,368 SqFt
5508 Colony Rd
Charlotte, NC 28226
Giverny
0.0 mi.

SOLD MAY 24, 2023
Sold for $411/Sq Ft & 103% of list
2 cumulative days on market
$1,650,000 (sales price)
4 bed  ▪  3 full & 1 h. bath  ▪  4,010 SqFt
5306 Germaine Ter
Charlotte, NC 28226
Giverny
0.1 mi.

SOLD MAY 11, 2023
Sold for $351/Sq Ft & 100% of list
5 cumulative days on market
$1,395,000 (sales price)
4 bed  ▪  3 full & 1 h. bath  ▪  3,977 SqFt
2508 Ballencourt Ln
Charlotte, NC 28226
Giverny
0.1 mi.

Neighborhood Summary (single family)
Giverny

Sales in:

Median $ / Sq Ft (single family)
Giverny




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 10th 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:

8
Median Days
Until Pending
Homes (that actually sold) went under contract after a median of 8 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.

51%
of Available Homes
Are Under Contract
51% of previously owned 28226-area homes are under contract – compared with 48% of all homes in the Charlotte metro area.

Price Per Square Foot Change
Period 28226 Area Metro Area
1-year -<1% + 2%
2-year + 2% + 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.

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.

Price Per Square Foot Change
Period 28226
Area
Metro
Area
1-year -<1% + 2%
2-year + 2% + 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.

51%
of Available Homes
Are Under Contract

51% of previously owned 28226-area homes are under contract – compared with 48% of all homes in the Charlotte metro area.



Our Value Guesstimate: $1,214,561

Our computer algorithm has estimated that this home would be likely to sell in a range between $1,032,377 and $1,396,745.


Sale Details
Sales Price: $985,000
Closed: Apr 29, 2021 (1,065 days ago)
List Price: $985,000
Sold for: 100% of list price
Cumulative Days on Market: 123
Price/Sq Ft: $215
Remarks
(from previous listing) **Under Contract 3/17/21**.This property is unlike any home in Giverny with its numerous upgrades and amenities: Brand new clear annealed insulated windows in Great Room. Newer roof (2018) with a 50-year transferrable warranty on parts & labor, Newer upstairs high-efficient variable-speed HVAC (201 ...
Continue reading

General Info - MLS 3680369
Parking: Attached, Garage - 2 Car
Year Built: 1989
Master / Primary Bedroom: Main floor
Listing Status: Sold
Property Type: Single Family Home
Location: Charlotte / Mecklenburg County
Lot Size: .43 acres

Neighborhood Info
Subdivision: Giverny
Listing History
04/29/2021: MLS Sold for $985,000 (Canopy MLS)
Cumulative Days on Market: 123
More details


06/05/2015: MLS # 3044168 sold for $625,000 (Canopy MLS) - SEE LISTING
Cumulative Days on Market: 118
Area Schools
10/10
Sharon Elementary School
Distance: 1.3 mi
8/10
Carmel Middle School
Distance: 0.6 mi
10/10
Myers Park High School
Distance: 2.8 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 Giverny neighborhood, we’d be happy to discuss this with you. We can also assist homebuyers and sellers in neighborhoods nearby, including Winding Brook, Enclave At Colony, and Easton Park.



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.