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Terra Vista Realty
1501 Downs Avenue
1501 Downs Avenue
$713,342 (our value guesstimate)
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Charlotte, NC 28205 ▪  (MLS # 3756889)
Built: 2021  ▪   Primary Up
4 bed  ▪  3 full bath  ▪  2,820 Sq Ft
Sold for $600,000 on Oct 12, 2021
1501 Downs Avenue
$713,342 (our value guesstimate)
Charlotte, NC 28205 ▪  (MLS # 3756889)
Built: 2021  ▪   Primary Up
4 bed  ▪  3 full bath  ▪  2,820 Sq Ft
Sold for $600,000 on Oct 12, 2021
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$600,000  (sales price)
4 bed  ▪  3 full bath  ▪  2,820 Sq Ft
1501 Downs Avenue
Charlotte, NC 28205 (MLS # 3756889)
.17 acres  ▪   Built: 2021  ▪   Primary Bedroom Up
Subdivision: Plaza Acres
 Was New Construction  
Charlotte, NC / 28205

Our Value Guesstimate (from Computer Algorithm): $713,342

Our computer algorithm has estimated that this home would be likely to sell in a range between $606,341 and $820,343.
Sale Details
 Was New Construction 
Sales Price: $600,000
Closed: Oct 12, 2021 (922 days ago)
List Price: $629,900
Sold for: 95% of list price
Cumulative Days on Market: 91
Price/Sq Ft: $213
Remarks - 1501 Downs Avenue
(from previous listing) Open the door to this warm and inviting abode with so many great spaces throughout! Bright & Cheery kitchen with island & all new SS appliances incl French Door refrigerator - the heart of the home. Brand New Construction offers a clean slate for your interpretation. So much truly usable space with surprises everywhere incl generous Drop Zone, Butlers pantry/bar area and kitchen pantry. Home Office or Formal Dining + add’l bdrm on main level. Loft upstairs + Huge Owners Suite w/lounge area and b ...
Continue reading

General Info - MLS # 3756889
Parking: Driveway, Parking Space - 2
Year Built: 2021 (was new construction)
Master / Primary Bedroom: Upper floor
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: Plaza Acres
Listing History
10/12/2021: MLS Sold for $600,000 (Canopy MLS)
Cumulative Days on Market: 91
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

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:

6
Median Days
Until Pending
Homes (that actually sold) went under contract after a median of 6 cumulative days on market in the 28205 area. Compare this with the Charlotte metro area median of 13 days on market.

33%
Of Recently Sold Homes
Over Asking Price
33% of previously owned 28205-area homes sold over the asking price (versus 28% of all homes in the Charlotte metro area). See examples of sold homes selling over asking in 28205.

49%
of Available Homes
Are Under Contract
49% of previously owned 28205-area homes are under contract – compared with 48% of all homes in the Charlotte metro area.

Price Per Square Foot Change
Period 28205 Area Metro Area
1-year + 4% + 1%
3-year +20% +26%
5-year +53% +65%
7-year +73% +90%
The price per square foot of 28205-area re-sale homes has increased by approximately 53% over the past 5 years (versus a 65% increase for the entire Charlotte metro area). Homes have been selling at a median of $345 per square foot in 28205 over the past 90 days - as compared to $213 for the entire metro area.

6
Median Days
Until Pending

Homes (that actually sold) went under contract after a median of 6 cumulative days on market in the 28205 area. Compare this with the Charlotte metro area median of 13 days on market.

33%
Of Recently Sold Homes
Over Asking Price

33% of previously owned 28205-area homes sold over the asking price (versus 28% 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 + 4% + 1%
3-year +20% +26%
5-year +53% +65%
7-year +73% +90%

The price per square foot of 28205-area re-sale homes has increased by approximately 53% over the past 5 years (versus a 65% increase for the entire Charlotte metro area). Homes have been selling at a median of $345 per square foot in 28205 over the past 90 days - as compared to $213 for the entire metro area.

49%
of Available Homes
Are Under Contract

49% of previously owned 28205-area homes are under contract – compared with 48% of all homes in the Charlotte metro area.



Our Value Guesstimate: $713,342

Our computer algorithm has estimated that this home would be likely to sell in a range between $606,341 and $820,343.


Sale Details
Sales Price: $600,000
Closed: Oct 12, 2021 (922 days ago)
List Price: $629,900
Sold for: 95% of list price
Cumulative Days on Market: 91
Price/Sq Ft: $213
Remarks
(from previous listing) Open the door to this warm and inviting abode with so many great spaces throughout! Bright & Cheery kitchen with island & all new SS appliances incl French Door refrigerator - the heart of the home. Brand New Construction offers a clean slate for your interpretation. So much truly usable space with ...
Continue reading

General Info - MLS 3756889
Parking: Driveway, Parking Space - 2
Year Built: 2021 (was new construction)
Master / Primary Bedroom: Upper floor
Listing Status: Sold
Property Type: Single Family Home
Location: Charlotte / Mecklenburg County
Lot Size: .17 acres

Neighborhood Info
Subdivision: Plaza Acres
Listing History
10/12/2021: MLS Sold for $600,000 (Canopy MLS)
Cumulative Days on Market: 91
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 Plaza Acres neighborhood, we’d be happy to discuss this with you. We can also assist homebuyers and sellers in neighborhoods nearby, including Plaza Heights, The Terraces At Steel Gardens, and Plaza Forest.



CDS Data Share Based on information submitted to the MLS GRID as of 04/21/2024. 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.