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Terra Vista Realty
1505 Downs Avenue
1505 Downs Avenue
$953,900 (our value guesstimate)
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Charlotte, NC 28205 ▪  (MLS # 3623851)
Built: 1954
2 bed  ▪  1 full bath  ▪  825 Sq Ft
Sold for $182,500 on Aug 10, 2020
1505 Downs Avenue
$953,900 (our value guesstimate)
Charlotte, NC 28205 ▪  (MLS # 3623851)
Built: 1954
2 bed  ▪  1 full bath  ▪  825 Sq Ft
Sold for $182,500 on Aug 10, 2020
SOLD AUG 10, 2020
 
$182,500  (sales price)
2 bed  ▪  1 full bath  ▪  825 Sq Ft
1505 Downs Avenue
Charlotte, NC 28205 (MLS # 3623851)
.17 acres  ▪   Built: 1954
Subdivision: Davis Park
 Was New Construction  
Charlotte, NC / 28205

Our Value Guesstimate (from Computer Algorithm): $953,900

Our computer algorithm has estimated that this home would be likely to sell in a range between $810,815 and $1,096,985.
Sale Details
 Was New Construction 
Sales Price: $182,500
Closed: Aug 10, 2020 (1,326 days ago)
List Price: $215,000
Sold for: 85% of list price
Cumulative Days on Market: 16
Price/Sq Ft: $221
Remarks - 1505 Downs Avenue
(from previous listing) Value, location, and opportunity all in one! Renovate or tear down and build new. Exploding area with potential all around. Home needs extensive work. No showings until 5/30 without presenting an offer or as directed by the seller. All offers will be presented to the seller.
General Info - MLS # 3623851
Parking: Carport - 1 Car
Year Built: 1954 (was new construction)
Listing Status: Sold
Property Type: Single Family Home
Location: Charlotte / Mecklenburg County
Lot Size: .17 acres
Area Schools
7/10
Shamrock Gardens Elementary School
Distance: 0.4 mi
2/10
Eastway Middle School
Distance: 2.1 mi
1/10
Garinger High School
Distance: 0.7 mi

*School ratings sourced from CarolinaSchoolHub. To verify enrollment eligibility, please contact the school directly.
Neighborhood Info
Subdivision: Davis Park
Listing History
08/10/2020: MLS Sold for $182,500 (Canopy MLS)
Cumulative Days on Market: 16
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
  Map / Satellite View

See Sold Homes in Davis Park
SOLD APR 17, 2023
Sold for $358/Sq Ft & 107% of list
1 cumulative day on market
$825,000 (sales price)
4 bed  ▪  3 full & 1 h. bath  ▪  2,304 SqFt
1412 Downs Ave
Charlotte, NC 28205
Davis Park
0.1 mi.

SOLD SEP 28, 2022
Sold for $698/Sq Ft & 96% of list
75 cumulative days on market
$530,000 (sales price)
4 bed  ▪  2 full bath  ▪  759 SqFt
1509 Downs Ave
Charlotte, NC 28205
Davis Park
0.0 mi.

SOLD AUG 9, 2022
Sold for $246/Sq Ft & 67% of list
13 cumulative days on market
$200,000 (sales price)
2 bed  ▪  1 full bath  ▪  813 SqFt
1412 Downs Ave
Charlotte, NC 28205
Davis Park
0.1 mi.


28205 ZIP Code Trends
28205 ZIP Code Trends

OUR RATING: MOST COMPETITIVE

In Our ZIP Code Analysis (updated daily), we found that 28205 is the 13th most competitive area for buyers out of 66 ZIP codes analyzed in the Charlotte metro area.

In the 28205 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 28205 area. Compare this with the Charlotte metro area median of 17 days on market.

32%
Of Recently Sold Homes
Over Asking Price
32% of previously owned 28205-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 28205.

42%
of Available Homes
Are Under Contract
42% of previously owned 28205-area homes are under contract – compared with 49% of all homes in the Charlotte metro area.

Price Per Square Foot Change
Period 28205 Area Metro Area
1-year + 3% + 3%
2-year +<1% + 2%
5-year +54% +66%
The price per square foot of 28205-area re-sale homes has increased by approximately 54% over the past 5 years (versus a 66% increase for the entire Charlotte metro area). Homes have been selling at a median of $337 per square foot in 28205 over the past 90 days - as compared to $212 for the entire metro area.

7
Median Days
Until Pending

Homes (that actually sold) went under contract after a median of 7 cumulative days on market in the 28205 area. Compare this with the Charlotte metro area median of 17 days on market.

33%
Of Recently Sold Homes
Over Asking Price

33% of previously owned 28205-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 28205.

Price Per Square Foot Change
Period 28205
Area
Metro
Area
1-year + 3% + 3%
2-year +<1% + 2%
5-year +54% +66%

The price per square foot of 28205-area re-sale homes has increased by approximately 54% over the past 5 years (versus a 66% increase for the entire Charlotte metro area). Homes have been selling at a median of $337 per square foot in 28205 over the past 90 days - as compared to $212 for the entire metro area.

42%
of Available Homes
Are Under Contract

42% of previously owned 28205-area homes are under contract – compared with 49% of all homes in the Charlotte metro area.



Our Value Guesstimate: $953,900

Our computer algorithm has estimated that this home would be likely to sell in a range between $810,815 and $1,096,985.


Sale Details
Sales Price: $182,500
Closed: Aug 10, 2020 (1,326 days ago)
List Price: $215,000
Sold for: 85% of list price
Cumulative Days on Market: 16
Price/Sq Ft: $221
Remarks
(from previous listing) Value, location, and opportunity all in one! Renovate or tear down and build new. Exploding area with potential all around. Home needs extensive work. No showings until 5/30 without presenting an offer or as directed by the seller. All offers will be presented to the seller.
General Info - MLS 3623851
Parking: Carport - 1 Car
Year Built: 1954 (was new construction)
Listing Status: Sold
Property Type: Single Family Home
Location: Charlotte / Mecklenburg County
Lot Size: .17 acres

Neighborhood Info
Subdivision: Davis Park
Listing History
08/10/2020: MLS Sold for $182,500 (Canopy MLS)
Cumulative Days on Market: 16
More details

Area Schools
7/10
Shamrock Gardens Elementary School
Distance: 0.4 mi
2/10
Eastway Middle School
Distance: 2.1 mi
1/10
Garinger High School
Distance: 0.7 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 Davis Park neighborhood, we’d be happy to discuss this with you. We can also assist homebuyers and sellers in neighborhoods nearby, including Synergy at Midwood, Cedar Gables, and Matheson Avenue Duets.



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.