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506 Sedgewood Lake Drive
506 Sedgewood Lake Drive
$1,847,046 (our value guesstimate)
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Charlotte, NC 28211 ▪  (MLS # 3811925)
2-car garage  ▪   Built: 1988  ▪   Dual Primary
5 bed  ▪  4 full & 1 half bath  ▪  6,200 Sq Ft
Sold for $1,735,000 on Feb 02, 2022
506 Sedgewood Lake Drive
$1,847,046 (our value guesstimate)
Charlotte, NC 28211 ▪  (MLS # 3811925)
2-car garage  ▪   Built: 1988  ▪   Dual Primary
5 bed  ▪  4 full & 1 half bath  ▪  6,200 Sq Ft
Sold for $1,735,000 on Feb 02, 2022
SOLD FEB 2, 2022
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$1,735,000  (sales price)
5 bed  ▪  4 full & 1 half bath  ▪  6,200 Sq Ft
506 Sedgewood Lake Drive
Charlotte, NC 28211 (MLS # 3811925)
.35 acres  ▪   Built: 1988  ▪   Dual Primary Bedrooms
Subdivision: Eastover
Charlotte, NC / 28211

Our Value Guesstimate (from Computer Algorithm): $1,847,046

Our computer algorithm has estimated that this home would be likely to sell in a range between $1,569,989 and $2,124,103.
Sale Details
Sales Price: $1,735,000
Closed: Feb 2, 2022 (786 days ago)
List Price: $1,589,000
Sold for: 109% of list price
Cumulative Days on Market: 3
Price/Sq Ft: $280
Remarks - 506 Sedgewood Lake Drive
(from previous listing) Beautifully renovated home in desirable Eastover location! Newer kitchen, primary bathroom, freshly painted, staged and ready to call home. Beautiful inground pool, heated spa and wonderful outdoor space. Private courtyard with mature landscaping and irrigation. Grand foyer with curved staircase leading to open family room and kitchen area. Primary bedroom on first floor featuring large suite with his and her closets. Secondary master option upstairs with additional bedrooms, and large bonu ...
Continue reading

General Info - MLS # 3811925
Parking: Attached, Garage - 2 Car
Year Built: 1988
Master / Primary Bedroom: Dual Master BR
Listing Status: Sold
Property Type: Single Family Home
Location: Charlotte / Mecklenburg County
Lot Size: .35 acres
Area Schools
10/10
Eastover Elementary School
Distance: 0.9 mi
7/10
Sedgefield Middle School
Distance: 2.5 mi
10/10
Myers Park High School
Distance: 1.5 mi

*School ratings sourced from CarolinaSchoolHub. To verify enrollment eligibility, please contact the school directly.
Neighborhood Info
Subdivision: Eastover
Listing History
02/02/2022: MLS Sold for $1,735,000 (Canopy MLS)
Cumulative Days on Market: 3
More details

06/02/2014: MLS # 2170877 sold for $820,000 (Canopy MLS) - SEE LISTING
Cumulative Days on Market: 278
County Tax Data
2023 County Tax Assessment: $1,760,300
Next Mecklenburg County Tax Assessment: 2027
2023 Property Taxes: $13,051

1% List Fee for Sellers

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

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Inquire about getting a more precise estimate on your home's value from one of our experienced agents


  More Home Details
  Map / Satellite View

See Sold Homes in Eastover
SOLD NOV 28, 2023
Sold for $405/Sq Ft & 92% of list
91 cumulative days on market
$2,650,000 (sales price)
5 bed  ▪  4 full & 1 h. bath  ▪  6,549 SqFt
527 Meadowbrook Rd
Charlotte, NC 28211
Eastover
0.0 mi.

SOLD JUN 23, 2023
Sold for $582/Sq Ft & 106% of list
2 cumulative days on market
$3,905,000 (sales price)
6 bed  ▪  6 full & 1 h. bath  ▪  6,705 SqFt
547 Cherokee Rd
Charlotte, NC 28207
Eastover
0.8 mi.

SOLD MAY 12, 2023
Sold for $609/Sq Ft & 103% of list
4 cumulative days on market
$4,100,000 (sales price)
5 bed  ▪  5 full & 2 h. bath  ▪  6,730 SqFt
1610 Twiford Pl
Charlotte, NC 28207
Eastover
0.3 mi.

Neighborhood Summary (single family)
Eastover

Sales in:

Median $ / Sq Ft (single family)
Eastover




28211 ZIP Code Trends
28211 ZIP Code Trends

OUR RATING: MOST COMPETITIVE

In Our ZIP Code Analysis (updated daily), we found that 28211 is the 8th most competitive area for buyers out of 66 ZIP codes analyzed in the Charlotte metro area.

In the 28211 ZIP code, for the past 90 days the following trends have occurred for previously owned homes listed in the Canopy MLS:

7
Median Days
Until Pending
Homes (that actually sold) went under contract after a median of 7 cumulative days on market in the 28211 area. Compare this with the Charlotte metro area median of 17 days on market.

37%
Of Recently Sold Homes
Over Asking Price
37% of previously owned 28211-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 28211.

55%
of Available Homes
Are Under Contract
55% of previously owned 28211-area homes are under contract – compared with 48% of all homes in the Charlotte metro area.

Price Per Square Foot Change
Period 28211 Area Metro Area
1-year -<1% + 2%
2-year + 6% + 2%
5-year +49% +66%
The price per square foot of 28211-area re-sale homes has increased by approximately 49% over the past 5 years (versus a 66% increase for the entire Charlotte metro area). Homes have been selling at a median of $330 per square foot in 28211 over the past 90 days - as compared to $212 for the entire metro area.

8
Median Days
Until Pending

Homes (that actually sold) went under contract after a median of 8 cumulative days on market in the 28211 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 28211-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 28211.

Price Per Square Foot Change
Period 28211
Area
Metro
Area
1-year -<1% + 2%
2-year + 6% + 2%
5-year +49% +66%

The price per square foot of 28211-area re-sale homes has increased by approximately 49% over the past 5 years (versus a 66% increase for the entire Charlotte metro area). Homes have been selling at a median of $330 per square foot in 28211 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 28211-area homes are under contract – compared with 48% of all homes in the Charlotte metro area.



Our Value Guesstimate: $1,847,046

Our computer algorithm has estimated that this home would be likely to sell in a range between $1,569,989 and $2,124,103.


Sale Details
Sales Price: $1,735,000
Closed: Feb 2, 2022 (786 days ago)
List Price: $1,589,000
Sold for: 109% of list price
Cumulative Days on Market: 3
Price/Sq Ft: $280
Remarks
(from previous listing) Beautifully renovated home in desirable Eastover location! Newer kitchen, primary bathroom, freshly painted, staged and ready to call home. Beautiful inground pool, heated spa and wonderful outdoor space. Private courtyard with mature landscaping and irrigation. Grand foyer with curved staircase ...
Continue reading

General Info - MLS 3811925
Parking: Attached, Garage - 2 Car
Year Built: 1988
Master / Primary Bedroom: Dual Master BR
Listing Status: Sold
Property Type: Single Family Home
Location: Charlotte / Mecklenburg County
Lot Size: .35 acres

Neighborhood Info
Subdivision: Eastover
Listing History
02/02/2022: MLS Sold for $1,735,000 (Canopy MLS)
Cumulative Days on Market: 3
More details


06/02/2014: MLS # 2170877 sold for $820,000 (Canopy MLS) - SEE LISTING
Cumulative Days on Market: 278
Area Schools
10/10
Eastover Elementary School
Distance: 0.9 mi
7/10
Sedgefield Middle School
Distance: 2.5 mi
10/10
Myers Park High School
Distance: 1.5 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 Eastover neighborhood, we’d be happy to discuss this with you. We can also assist homebuyers and sellers in neighborhoods nearby, including Perrin Place, Fenton Place, and Eastover City Homes.



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.