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12229 Parks Farm Lane
12229 Parks Farm Lane
$501,343 (our value guesstimate)
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Charlotte, NC 28277 ▪  (MLS # 3660137)
2-car garage  ▪   Built: 1987
4 bed  ▪  2 full & 1 half bath  ▪  2,103 Sq Ft
Sold for $335,000 on Nov 24, 2020
12229 Parks Farm Lane
$501,343 (our value guesstimate)
Charlotte, NC 28277 ▪  (MLS # 3660137)
2-car garage  ▪   Built: 1987
4 bed  ▪  2 full & 1 half bath  ▪  2,103 Sq Ft
Sold for $335,000 on Nov 24, 2020
SOLD NOV 24, 2020
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$335,000  (sales price)
4 bed  ▪  2 full & 1 half bath  ▪  2,103 Sq Ft
12229 Parks Farm Lane
Charlotte, NC 28277 (MLS # 3660137)
.33 acres  ▪   Built: 1987
Subdivision: Raeburn
Charlotte, NC / 28277

Our Value Guesstimate (from Computer Algorithm): $501,343

Our computer algorithm has estimated that this home would be likely to sell in a range between $426,142 and $576,544.
Sale Details
Sales Price: $335,000
Closed: Nov 24, 2020 (1,221 days ago)
List Price: $345,000
Sold for: 97% of list price
Cumulative Days on Market: 27
Price/Sq Ft: $159
Remarks - 12229 Parks Farm Lane
(from previous listing) Refreshed Raeburn original owner home! Live your best life in this picturesque Colonial w/elegant features found inside & out; starting w/the beautiful pediment framing the entrance. Feel right at home as you enter the foyer - versatile layout, detailed moldings & new carpet/vinyl plank floors! Captivate guests w/this home's unique appeal -the formal LR with incredible natural light & built-in book nook, or entertain in the formal DR! Eat-in kitchen featuring an over-the-sink window, solid surfa ...
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General Info - MLS # 3660137
Parking: Attached, Garage - 2 Car
Year Built: 1987
Listing Status: Sold
Property Type: Single Family Home
Location: Charlotte / Mecklenburg County
Lot Size: .33 acres
Area Schools
10/10
Polo Ridge Elementary School
Distance: 0.7 mi
10/10
Jay M. Robinson Middle School
Distance: 1.7 mi
10/10
Ardrey Kell High School
Distance: 1.7 mi

*School ratings sourced from CarolinaSchoolHub. To verify enrollment eligibility, please contact the school directly.
Neighborhood Info
Subdivision: Raeburn
Community Features: Outdoor Pool, Picnic Area, Playground, Recreation Area, Sport Court, Tennis Court(s)
Listing History
11/24/2020: MLS Sold for $335,000 (Canopy MLS)
Cumulative Days on Market: 27
More details

County Tax Data
2023 County Tax Assessment: $435,000
Next Mecklenburg County Tax Assessment: 2027
2023 Property Taxes: $3,330

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 Raeburn
SOLD JUL 27, 2023
Sold for $265/Sq Ft & 100% of list
1 cumulative day on market
$520,000 (sales price)
4 bed  ▪  2 full bath  ▪  1,961 SqFt
11732 Apleby Ln
Charlotte, NC 28277
Raeburn
0.5 mi.

SOLD MAY 1, 2023
Sold for $236/Sq Ft & 98% of list
4 cumulative days on market
$429,000 (sales price)
3 bed  ▪  2 full & 1 h. bath  ▪  1,816 SqFt
11728 Buckstone Ln
Charlotte, NC 28277
Raeburn
0.4 mi.

SOLD JAN 6, 2023
Sold for $249/Sq Ft & 101% of list
3 cumulative days on market
$507,000 (sales price)
4 bed  ▪  2 full & 1 h. bath  ▪  2,038 SqFt
8501 Ducksbill Dr
Charlotte, NC 28277
Raeburn
0.2 mi.

Neighborhood Summary (single family)
Raeburn

Sales in:

Median $ / Sq Ft (single family)
Raeburn




28277 ZIP Code Trends
28277 ZIP Code Trends

OUR RATING: MOST COMPETITIVE

In Our ZIP Code Analysis (updated daily), we found that 28277 is the 2nd most competitive area for buyers out of 66 ZIP codes analyzed in the Charlotte metro area.

In the 28277 ZIP code, for the past 90 days the following trends have occurred for previously owned homes listed in the Canopy MLS:

4
Median Days
Until Pending
Homes (that actually sold) went under contract after a median of 4 cumulative days on market in the 28277 area. Compare this with the Charlotte metro area median of 17 days on market.

43%
Of Recently Sold Homes
Over Asking Price
43% of previously owned 28277-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 28277.

68%
of Available Homes
Are Under Contract
68% of previously owned 28277-area homes are under contract – compared with 48% of all homes in the Charlotte metro area.

Price Per Square Foot Change
Period 28277 Area Metro Area
1-year + 2% + 2%
2-year + 5% + 2%
5-year +65% +66%
The price per square foot of 28277-area re-sale homes has increased by approximately 65% over the past 5 years (versus a 66% increase for the entire Charlotte metro area). Homes have been selling at a median of $246 per square foot in 28277 over the past 90 days - as compared to $212 for the entire metro area.

4
Median Days
Until Pending

Homes (that actually sold) went under contract after a median of 4 cumulative days on market in the 28277 area. Compare this with the Charlotte metro area median of 17 days on market.

43%
Of Recently Sold Homes
Over Asking Price

43% of previously owned 28277-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 28277.

Price Per Square Foot Change
Period 28277
Area
Metro
Area
1-year + 2% + 2%
2-year + 5% + 2%
5-year +65% +66%

The price per square foot of 28277-area re-sale homes has increased by approximately 65% over the past 5 years (versus a 66% increase for the entire Charlotte metro area). Homes have been selling at a median of $246 per square foot in 28277 over the past 90 days - as compared to $212 for the entire metro area.

68%
of Available Homes
Are Under Contract

68% of previously owned 28277-area homes are under contract – compared with 48% of all homes in the Charlotte metro area.



Our Value Guesstimate: $501,343

Our computer algorithm has estimated that this home would be likely to sell in a range between $426,142 and $576,544.


Sale Details
Sales Price: $335,000
Closed: Nov 24, 2020 (1,221 days ago)
List Price: $345,000
Sold for: 97% of list price
Cumulative Days on Market: 27
Price/Sq Ft: $159
Remarks
(from previous listing) Refreshed Raeburn original owner home! Live your best life in this picturesque Colonial w/elegant features found inside & out; starting w/the beautiful pediment framing the entrance. Feel right at home as you enter the foyer - versatile layout, detailed moldings & new carpet/vinyl plank floors! Capt ...
Continue reading

General Info - MLS 3660137
Parking: Attached, Garage - 2 Car
Year Built: 1987
Listing Status: Sold
Property Type: Single Family Home
Location: Charlotte / Mecklenburg County
Lot Size: .33 acres

Neighborhood Info
Subdivision: Raeburn
Community Features: Outdoor Pool, Picnic Area, Playground, Recreation Area, Sport Court, Tennis Court(s)
Listing History
11/24/2020: MLS Sold for $335,000 (Canopy MLS)
Cumulative Days on Market: 27
More details

Area Schools
10/10
Polo Ridge Elementary School
Distance: 0.7 mi
10/10
Jay M. Robinson Middle School
Distance: 1.7 mi
10/10
Ardrey Kell High School
Distance: 1.7 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 Raeburn neighborhood, we’d be happy to discuss this with you. We can also assist homebuyers and sellers in neighborhoods nearby, including Windsor Oaks, Southbrook, and Ashton Grove.



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.