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7118 Forest Ridge Road
7118 Forest Ridge Road
$877,079 (our value guesstimate)
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Weddington, NC 28104 ▪  (MLS # 3441875)
2-car garage  ▪   Built: 1987  ▪   Primary on Main
4 bed  ▪  3 full & 1 half bath  ▪  3,245 Sq Ft
Sold for $500,000 on Dec 04, 2018
7118 Forest Ridge Road
$877,079 (our value guesstimate)
Weddington, NC 28104 ▪  (MLS # 3441875)
2-car garage  ▪   Built: 1987  ▪   Primary on Main
4 bed  ▪  3 full & 1 half bath  ▪  3,245 Sq Ft
Sold for $500,000 on Dec 04, 2018
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$500,000  (sales price)
4 bed  ▪  3 full & 1 half bath  ▪  3,245 Sq Ft
7118 Forest Ridge Road
Weddington, NC 28104 (MLS # 3441875)
1.99 acres  ▪   Built: 1987  ▪   Primary Bedroom on Main
Subdivision: Providence Place
Weddington, NC / 28104

Our Value Guesstimate (from Computer Algorithm): $877,079

Our computer algorithm has estimated that this home would be likely to sell in a range between $745,517 and $1,008,641.
Sale Details
Sales Price: $500,000
Closed: Dec 4, 2018 (1,942 days ago)
List Price: $515,000
Sold for: 97% of list price
Cumulative Days on Market: 6
Price/Sq Ft: $154
Remarks - 7118 Forest Ridge Road
(from previous listing) Stunning full brick custom home located on 1.99 acres in Providence Place II. This one owner home offers 4 bedrooms and 3.5 baths. Privacy abounds as you approach the home and are welcomed by a full front porch. The master is on main with two walk in closets and a private covered porch. The home boasts two fireplaces. One is a dual fireplace in both the family room and the sunroom/office. Kitchen with stainless steel appliances adjoining a lovely den with fireplace and direct access to front por ...
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General Info - MLS # 3441875
Parking: Detached Garage, Garage - 2 Car
Year Built: 1987
Master / Primary Bedroom: Main floor
Listing Status: Sold
Property Type: Single Family Home
Location: Weddington / Union County
Lot Size: 1.99 acres
Area Schools
10/10
Antioch Elementary School
Distance: 1.6 mi
10/10
Weddington Middle School
Distance: 2.5 mi
10/10
Weddington High School
Distance: 2.8 mi

*School ratings sourced from CarolinaSchoolHub. To verify enrollment eligibility, please contact the school directly.
Neighborhood Info
Subdivision: Providence Place
Listing History
12/04/2018: MLS Sold for $500,000 (Canopy MLS)
Cumulative Days on Market: 6
More details

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
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Neighborhood Summary (single family)
Providence Place

Sales in:

Median $ / Sq Ft (single family)
Providence Place




28104 ZIP Code Trends
28104 ZIP Code Trends

OUR RATING: VERY COMPETITIVE

In Our ZIP Code Analysis (updated daily), we found that 28104 is the 17th most competitive area for buyers out of 66 ZIP codes analyzed in the Charlotte metro area.

In the 28104 ZIP code, for the past 90 days the following trends have occurred for previously owned homes listed in the Canopy MLS:

11
Median Days
Until Pending
Homes (that actually sold) went under contract after a median of 11 cumulative days on market in the 28104 area. Compare this with the Charlotte metro area median of 17 days on market.

31%
Of Recently Sold Homes
Over Asking Price
31% of previously owned 28104-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 28104.

47%
of Available Homes
Are Under Contract
47% of previously owned 28104-area homes are under contract – compared with 48% of all homes in the Charlotte metro area.

Price Per Square Foot Change
Period 28104 Area Metro Area
1-year -<1% + 2%
2-year + 1% + 2%
5-year +64% +66%
The price per square foot of 28104-area re-sale homes has increased by approximately 64% over the past 5 years (versus a 66% increase for the entire Charlotte metro area). Homes have been selling at a median of $223 per square foot in 28104 over the past 90 days - as compared to $212 for the entire metro area.

14
Median Days
Until Pending

Homes (that actually sold) went under contract after a median of 14 cumulative days on market in the 28104 area. Compare this with the Charlotte metro area median of 17 days on market.

28%
Of Recently Sold Homes
Over Asking Price

28% of previously owned 28104-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 28104.

Price Per Square Foot Change
Period 28104
Area
Metro
Area
1-year -<1% + 2%
2-year + 1% + 2%
5-year +64% +66%

The price per square foot of 28104-area re-sale homes has increased by approximately 64% over the past 5 years (versus a 66% increase for the entire Charlotte metro area). Homes have been selling at a median of $223 per square foot in 28104 over the past 90 days - as compared to $212 for the entire metro area.

47%
of Available Homes
Are Under Contract

47% of previously owned 28104-area homes are under contract – compared with 48% of all homes in the Charlotte metro area.



Our Value Guesstimate: $877,079

Our computer algorithm has estimated that this home would be likely to sell in a range between $745,517 and $1,008,641.


Sale Details
Sales Price: $500,000
Closed: Dec 4, 2018 (1,942 days ago)
List Price: $515,000
Sold for: 97% of list price
Cumulative Days on Market: 6
Price/Sq Ft: $154
Remarks
(from previous listing) Stunning full brick custom home located on 1.99 acres in Providence Place II. This one owner home offers 4 bedrooms and 3.5 baths. Privacy abounds as you approach the home and are welcomed by a full front porch. The master is on main with two walk in closets and a private covered porch. The home boa ...
Continue reading

General Info - MLS 3441875
Parking: Detached Garage, Garage - 2 Car
Year Built: 1987
Master / Primary Bedroom: Main floor
Listing Status: Sold
Property Type: Single Family Home
Location: Weddington / Union County
Lot Size: 1.99 acres

Neighborhood Info
Subdivision: Providence Place
Listing History
12/04/2018: MLS Sold for $500,000 (Canopy MLS)
Cumulative Days on Market: 6
More details

Area Schools
10/10
Antioch Elementary School
Distance: 1.6 mi
10/10
Weddington Middle School
Distance: 2.5 mi
10/10
Weddington 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.



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.