Our Value Guesstimate (from Computer Algorithm): $121,437 Our computer algorithm has estimated that this home would be likely to sell in a range between $103,221 and $139,653.
Sale Details
Sales Price: $108,000 Closed: May 26, 2022 (672 days ago) List Price: $111,500
Sold for: 97% of list price Cumulative Days on Market: 100 Price/Sq Ft: $131
Remarks - 7997 Shady Oak Trail, Unit 113
(from previous listing) Great 2 bedroom, 1 bathroom condo located in Quail Run. This unit has neutral paint and flooring. White kitchen and updated bathroom. Tenant occupied and lease rate is $1025 through 4/21/23. Great for an investor or owner occupant. Convenient to Light Rail, Bus Line, shopping, retail, I-485, I-77. These condos are non-warrantable per FNMA and Freddie Mac due to the tenant vs occupancy ratio...Buyer and Buyer agent to confirm with Lender
General Info - MLS # 3821011
Parking:
Parking Lot Year Built: 1973
Listing Status: Sold
Property Type: Condo
Location:Charlotte
/
Mecklenburg County
05/26/2022: MLS Sold for $108,000 (Canopy MLS) Cumulative Days on Market: 100 More details
04/29/2022: Status changed to Under Contract
But Showings Still Accepted 03/02/2022: Status changed to Active 02/25/2022: Status changed to Under Contract
But Showings Still Accepted 01/14/2022: MLS # 3821011 listed at $111,500
County Tax Data
2023
County Tax Assessment: $106,368
Next Mecklenburg County Tax Assessment: 2027 2023 Property Taxes: $919
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More Home Details
Layout
Main Floor: Bathroom, Bedroom, Den, Dining Area, Kitchen, Laundry
(Total: 2 bedrooms, 1 full bathroom)
Bedrooms: 2 Baths:
1 full
Total Heated Square Feet:
826 Heated Sq Ft Breakdown:
Flooring: Vinyl Appliances: Dishwasher, Electric Range, Refrigerator
Other / Miscellaneous
Foundation: Slab Water: Public Sewer: Public Sewer Heating: Central, Forced Air Fireplace: None Porch: 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 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.
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.
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: $121,437 Our computer algorithm has estimated that this home would be likely to sell in a range between $103,221 and $139,653.
Sale Details
Sales Price: $108,000 Closed: May 26, 2022 (672 days ago) List Price: $111,500 Sold for: 97% of list price Cumulative Days on Market: 100 Price/Sq Ft: $131
Remarks
(from previous listing) Great 2 bedroom, 1 bathroom condo located in Quail Run. This unit has neutral paint and flooring. White kitchen and updated bathroom. Tenant occupied and lease rate is $1025 through 4/21/23. Great for an investor or owner occupant. Convenient to Light Rail, Bus Line, shopping, retail, I-485, I-77. ... Continue readingThese condos are non-warrantable per FNMA and Freddie Mac due to the tenant vs occupancy ratio...Buyer and Buyer agent to confirm with Lender
General Info - MLS 3821011
Parking:
Parking Lot Year Built: 1973
Listing Status: Sold
Property Type: Condo
Location:Charlotte
/
Mecklenburg County
05/26/2022: MLS Sold for $108,000 (Canopy MLS) Cumulative Days on Market: 100 More details
04/29/2022: Status changed to Under Contract
But Showings Still Accepted 03/02/2022: Status changed to Active 02/25/2022: Status changed to Under Contract
But Showings Still Accepted 01/14/2022: MLS # 3821011 listed at $111,500