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5548 Fallon Court
5548 Fallon Court
$1,683,006 (our value guesstimate)
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Charlotte, NC 28226 ▪  (MLS # 3564407)
2-car garage  ▪   Built: 1991  ▪   Primary on Main
4 bed  ▪  3 full & 1 half bath  ▪  4,491 Sq Ft
Sold for $1,075,000 on Dec 16, 2019
5548 Fallon Court
$1,683,006 (our value guesstimate)
Charlotte, NC 28226 ▪  (MLS # 3564407)
2-car garage  ▪   Built: 1991  ▪   Primary on Main
4 bed  ▪  3 full & 1 half bath  ▪  4,491 Sq Ft
Sold for $1,075,000 on Dec 16, 2019
SOLD DEC 16, 2019
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$1,075,000  (sales price)
4 bed  ▪  3 full & 1 half bath  ▪  4,491 Sq Ft
5548 Fallon Court
Charlotte, NC 28226 (MLS # 3564407)
.53 acres  ▪   Built: 1991  ▪   Primary Bedroom on Main
Subdivision: Summerlake
Charlotte, NC / 28226

Our Value Guesstimate (from Computer Algorithm): $1,683,006

Our computer algorithm has estimated that this home would be likely to sell in a range between $1,430,555 and $1,935,457.
Sale Details
Sales Price: $1,075,000
Closed: Dec 16, 2019 (1,564 days ago)
List Price: $1,095,000
Sold for: 98% of list price
Cumulative Days on Market: 3
Price/Sq Ft: $239
Remarks - 5548 Fallon Court
(from previous listing) Gorgeous, move-in ready, brick home on cul-de-sac, lake-view lot in the heart of Summerlake. Open floorplan with natural light cascading throughout. Beautiful formal & informal spaces accented with finished hardwoods and detailed millwork. Relax in the amazing Great Room with focal fireplace & double French doors that overlook open brick Terrace & serene Lake view beyond. Elegant Study with stunning front cathedral window & 2nd fireplace makes for a quiet hide-away or cozy home office. Beautiful ...
Continue reading

General Info - MLS # 3564407
Parking: Garage - 2 Car
Year Built: 1991
Master / Primary Bedroom: Main floor
Listing Status: Sold
Property Type: Single Family Home
Location: Charlotte / Mecklenburg County
Lot Size: .53 acres
Area Schools
10/10
Sharon Elementary School
Distance: 2.3 mi
8/10
Carmel Middle School
Distance: 0.5 mi
10/10
Myers Park High School
Distance: 3.8 mi

*School ratings sourced from CarolinaSchoolHub. To verify enrollment eligibility, please contact the school directly.
Neighborhood Info
Subdivision: Summerlake
Community Features: Recreation Area
Listing History
12/16/2019: MLS Sold for $1,075,000 (Canopy MLS)
Cumulative Days on Market: 3
More details

03/01/2017: MLS # 3243423 sold for $970,000 (Canopy MLS) - SEE LISTING
Cumulative Days on Market: 6
County Tax Data
2023 County Tax Assessment: $1,244,700
Next Mecklenburg County Tax Assessment: 2027
2023 Property Taxes: $9,269

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
  Map / Satellite View

See Sold Homes in Summerlake
SOLD FEB 21, 2024
Sold for $291/Sq Ft & 96% of list
41 cumulative days on market
$1,240,000 (sales price)
4 bed  ▪  3 full & 1 h. bath  ▪  4,259 SqFt
5728 Laurium Rd
Charlotte, NC 28226
Summerlake
0.2 mi.

SOLD SEP 11, 2023
Sold for $345/Sq Ft & 104% of list
2 cumulative days on market
$1,750,000 (sales price)
5 bed  ▪  4 full & 2 h. bath  ▪  5,078 SqFt
2521 Summerlake Rd
Charlotte, NC 28226
Summerlake
0.1 mi.

SOLD MAY 25, 2023
Sold for $284/Sq Ft & 105% of list
3 cumulative days on market
$1,310,000 (sales price)
4 bed  ▪  4 full & 1 h. bath  ▪  4,609 SqFt
5614 Laurium Rd
Charlotte, NC 28226
Summerlake
0.2 mi.

Neighborhood Summary (single family)
Summerlake

Sales in:

Median $ / Sq Ft (single family)
Summerlake




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 11th 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:

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.

54%
of Available Homes
Are Under Contract
54% of previously owned 28226-area homes are under contract – compared with 49% of all homes in the Charlotte metro area.

Price Per Square Foot Change
Period 28226 Area Metro Area
1-year - 1% + 3%
2-year + 3% + 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.

10
Median Days
Until Pending

Homes (that actually sold) went under contract after a median of 10 cumulative days on market in the 28226 area. Compare this with the Charlotte metro area median of 17 days on market.

34%
Of Recently Sold Homes
Over Asking Price

34% 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% + 3%
2-year + 3% + 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.

54%
of Available Homes
Are Under Contract

54% of previously owned 28226-area homes are under contract – compared with 49% of all homes in the Charlotte metro area.



Our Value Guesstimate: $1,683,006

Our computer algorithm has estimated that this home would be likely to sell in a range between $1,430,555 and $1,935,457.


Sale Details
Sales Price: $1,075,000
Closed: Dec 16, 2019 (1,564 days ago)
List Price: $1,095,000
Sold for: 98% of list price
Cumulative Days on Market: 3
Price/Sq Ft: $239
Remarks
(from previous listing) Gorgeous, move-in ready, brick home on cul-de-sac, lake-view lot in the heart of Summerlake. Open floorplan with natural light cascading throughout. Beautiful formal & informal spaces accented with finished hardwoods and detailed millwork. Relax in the amazing Great Room with focal fireplace & doubl ...
Continue reading

General Info - MLS 3564407
Parking: Garage - 2 Car
Year Built: 1991
Master / Primary Bedroom: Main floor
Listing Status: Sold
Property Type: Single Family Home
Location: Charlotte / Mecklenburg County
Lot Size: .53 acres

Neighborhood Info
Subdivision: Summerlake
Community Features: Recreation Area
Listing History
12/16/2019: MLS Sold for $1,075,000 (Canopy MLS)
Cumulative Days on Market: 3
More details


03/01/2017: MLS # 3243423 sold for $970,000 (Canopy MLS) - SEE LISTING
Cumulative Days on Market: 6
Area Schools
10/10
Sharon Elementary School
Distance: 2.3 mi
8/10
Carmel Middle School
Distance: 0.5 mi
10/10
Myers Park High School
Distance: 3.8 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 Summerlake neighborhood, we’d be happy to discuss this with you. We can also assist homebuyers and sellers in neighborhoods nearby, including Sharon View Place, Villas at Summerlake, and Blantyre.



CDS Data Share Based on information submitted to the MLS GRID as of 03/28/2024. 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.