Terra Vista Realty
Mobile Menu
Terra Vista Realty
7407 Folger Drive
7407 Folger Drive
$551,783 (our value guesstimate)
 Back
Charlotte, NC 28226 ▪  (MLS # 3637390)
Built: 1965
3 bed  ▪  2 full bath  ▪  2,549 Sq Ft
Sold for $370,000 on Aug 04, 2020
7407 Folger Drive
$551,783 (our value guesstimate)
Charlotte, NC 28226 ▪  (MLS # 3637390)
Built: 1965
3 bed  ▪  2 full bath  ▪  2,549 Sq Ft
Sold for $370,000 on Aug 04, 2020
SOLD AUG 4, 2020
1 of 34 
SOLD AUG 4, 2020
1 of 34 
SOLD AUG 4, 2020
1 of 34 
SOLD AUG 4, 2020
1 of 34 
SOLD AUG 4, 2020
1 of 34 
SOLD AUG 4, 2020
1 of 34 
SOLD AUG 4, 2020
1 of 34 
SOLD AUG 4, 2020
1 of 34 
SOLD AUG 4, 2020
1 of 34 
SOLD AUG 4, 2020
1 of 34 
SOLD AUG 4, 2020
1 of 34 
SOLD AUG 4, 2020
1 of 34 
SOLD AUG 4, 2020
1 of 34 
SOLD AUG 4, 2020
1 of 34 
SOLD AUG 4, 2020
1 of 34 
SOLD AUG 4, 2020
1 of 34 
SOLD AUG 4, 2020
1 of 34 
SOLD AUG 4, 2020
1 of 34 
SOLD AUG 4, 2020
1 of 34 
SOLD AUG 4, 2020
1 of 34 
SOLD AUG 4, 2020
1 of 34 
SOLD AUG 4, 2020
1 of 34 
SOLD AUG 4, 2020
1 of 34 
SOLD AUG 4, 2020
1 of 34 
SOLD AUG 4, 2020
1 of 34 
SOLD AUG 4, 2020
1 of 34 
SOLD AUG 4, 2020
1 of 34 
SOLD AUG 4, 2020
1 of 34 
SOLD AUG 4, 2020
1 of 34 
SOLD AUG 4, 2020
1 of 34 
SOLD AUG 4, 2020
1 of 34 
SOLD AUG 4, 2020
1 of 34 
SOLD AUG 4, 2020
1 of 34 
SOLD AUG 4, 2020
1 of 34 
 
$370,000  (sales price)
3 bed  ▪  2 full bath  ▪  2,549 Sq Ft
7407 Folger Drive
Charlotte, NC 28226 (MLS # 3637390)
.35 acres  ▪   Built: 1965
Subdivision: Old Farm
Charlotte, NC / 28226

Our Value Guesstimate (from Computer Algorithm): $551,783

Our computer algorithm has estimated that this home would be likely to sell in a range between $469,016 and $634,550.
Sale Details
Sales Price: $370,000
Closed: Aug 4, 2020 (1,332 days ago)
List Price: $349,900
Sold for: 106% of list price
Cumulative Days on Market: 1
Price/Sq Ft: $145
Remarks - 7407 Folger Drive
(from previous listing) All brick 3 bed 2 bath basement home located in Old Farm. Open floor concept. Open kitchen has stainless steel appliances double oven and built in seating with large island. Living area has gas fireplace. Screened in porch and deck for entertaining. New kitchen in 2018 with quartz countertops, new windows 2018, new roof. Deck was recently painted. All of the basement is heated, only 203 square feet are finished. Showings need to be from 5-8 PM every day Mon-Friday. Sat and Sun 9AM until 8 PM. No ...
Continue reading

General Info - MLS # 3637390
Parking: Carport - 2 Car
Year Built: 1965
Listing Status: Sold
Property Type: Single Family Home
Location: Charlotte / Mecklenburg County
Lot Size: .35 acres
Area Schools
10/10
Sharon Elementary School
Distance: 2.0 mi
8/10
Carmel Middle School
Distance: 1.3 mi
10/10
Myers Park High School
Distance: 3.5 mi

*School ratings sourced from CarolinaSchoolHub. To verify enrollment eligibility, please contact the school directly.
Neighborhood Info
Subdivision: Old Farm
Listing History
08/04/2020: MLS Sold for $370,000 (Canopy MLS)
Cumulative Days on Market: 1
More details

County Tax Data
2023 County Tax Assessment: $518,400
Next Mecklenburg County Tax Assessment: 2027

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 Old Farm
SOLD FEB 9, 2024
Sold for $310/Sq Ft & 97% of list
110 cumulative days on market
$630,000 (sales price)
5 bed  ▪  2 full bath  ▪  2,034 SqFt
7400 Folger Dr
Charlotte, NC 28226
Old Farm
0.0 mi.

SOLD SEP 22, 2023
Sold for $297/Sq Ft & 99% of list
32 cumulative days on market
$714,900 (sales price)
4 bed  ▪  2 full & 1 h. bath  ▪  2,410 SqFt
1148 Turnbridge Rd
Charlotte, NC 28226
Old Farm
0.1 mi.

SOLD JUN 22, 2023
Sold for $314/Sq Ft & 105% of list
1 cumulative day on market
$761,037 (sales price)
4 bed  ▪  3 full bath  ▪  2,420 SqFt
1300 Brockton Ln
Charlotte, NC 28226
Old Farm
0.1 mi.

Neighborhood Summary (single family)
Old Farm

Sales in:

Median $ / Sq Ft (single family)
Old Farm




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: $551,783

Our computer algorithm has estimated that this home would be likely to sell in a range between $469,016 and $634,550.


Sale Details
Sales Price: $370,000
Closed: Aug 4, 2020 (1,332 days ago)
List Price: $349,900
Sold for: 106% of list price
Cumulative Days on Market: 1
Price/Sq Ft: $145
Remarks
(from previous listing) All brick 3 bed 2 bath basement home located in Old Farm. Open floor concept. Open kitchen has stainless steel appliances double oven and built in seating with large island. Living area has gas fireplace. Screened in porch and deck for entertaining. New kitchen in 2018 with quartz countertops, new w ...
Continue reading

General Info - MLS 3637390
Parking: Carport - 2 Car
Year Built: 1965
Listing Status: Sold
Property Type: Single Family Home
Location: Charlotte / Mecklenburg County
Lot Size: .35 acres

Neighborhood Info
Subdivision: Old Farm
Listing History
08/04/2020: MLS Sold for $370,000 (Canopy MLS)
Cumulative Days on Market: 1
More details

Area Schools
10/10
Sharon Elementary School
Distance: 2.0 mi
8/10
Carmel Middle School
Distance: 1.3 mi
10/10
Myers Park High School
Distance: 3.5 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 Old Farm neighborhood, we’d be happy to discuss this with you. We can also assist homebuyers and sellers in neighborhoods nearby, including Meredith, Dunedin, and Providence Pines.



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.