Terra Vista Realty
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Terra Vista Realty
5500 Carmel Road
5500 Carmel Road  
$387,320 (our value guesstimate)
Charlotte, NC 28226
Built: 1958
4 bed  ▪  2 full & 1 half bath  ▪  2,440 Heated Sq Ft
Sold for $850,000 on Aug 03, 2023
5500 Carmel Road
$387,320 (our value guesstimate)
Charlotte, NC 28226
Built: 1958  ▪  2,440 Heated Sq Ft
4 bed  ▪  2 full & 1 half bath  ▪  2,440 Heated Sq Ft
Sold for $850,000 on Aug 03, 2023

Charlotte, NC / 28226
 
Our Value Guesstimate (from Computer Algorithm): $387,320

Our computer algorithm has estimated that this home would be likely to sell in a range between $329,222 and $445,418.


   2,440 Heated Sq Ft
  Built: 1958
  Lot size: .94 acres

This home sold for $850,000 on Aug 03, 2023.

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

Remarks - 5500 Carmel Road  
You are viewing details on 5500 Carmel Road in Charlotte, NC. This split-level, single-family home was built in 1958 and is not on the market right now. According to Mecklenburg County records, the property has approximately 2,440 square feet of heated living area and includes 4 bedrooms and 2 full & 1 half bath. Based on the property location, we believe this property is either in or near the Carmel Vista subdivision. Other neighborhoods nearby include Carmel South, Kenley, and Carmel Hills.
Area Schools
10/10
Beverly Woods Elementary School
Distance: 2.0 mi
8/10
Carmel Middle School
Distance: 2.6 mi
7/10
South Mecklenburg High School
Distance: 1.5 mi

*School ratings sourced from CarolinaSchoolHub. To verify enrollment eligibility, please contact the school directly.
County Property Assessment
2023 County Tax Assessment: $336,800
Next Mecklenburg County Tax Assessment: 2027
2023 Property Taxes: $2,610

County Property Card and Ownership Records
County Parcel Map
Tax Bills

See Sold Homes in Carmel Vista
SOLD OCT 28, 2022
Sold for $331/Sq Ft & 84% of list
193 cumulative days on market
$1,750,000 (sales price)
5 bed  ▪  5 full & 1 h. bath  ▪  5,286 SqFt
5505 Carmel Rd
Charlotte, NC 28226
Carmel Vista
0.1 mi.

SOLD SEP 15, 2022
Sold for $406/Sq Ft & 98% of list
139 cumulative days on market
$1,464,000 (sales price)
4 bed  ▪  5 full bath  ▪  3,609 SqFt
4523 Carmel Vista Ln
Charlotte, NC 28226
Carmel Vista
0.1 mi.

SOLD JUL 1, 2022
Sold for $237/Sq Ft & 94% of list
26 cumulative days on market
$655,000 (sales price)
4 bed  ▪  3 full & 1 h. bath  ▪  2,759 SqFt
4635 Carmel Vista Ln
Charlotte, NC 28226
Carmel Vista
0.2 mi.


28226 ZIP Code Trends
14%
Price Per Sq Ft
Annual Increase
6
Median Days
Until Pending
38%
Of Recently Sold Homes
Over Asking Price
14%
Price Per Sq Ft Annual Increase
6
Median Days Until Pending
38%
Of Recently Sold Homes
Over Asking Price

In the 28226 ZIP code, for the past 90 days the following trends have occurred for single-family, previously owned homes listed in the Canopy MLS:

  • Median Price Per Sq Ft: The median price per square foot has increased annually by 14% to $289 (comparing prices for the same 90-day period last year).
  • Days Until Pending: Homes (that actually sold) went under contract after a median of 6 cumulative days on market.
  • Percentage Selling Over Asking: 38% of homes sold above the asking price. See examples of sold homes selling over asking.


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 10th 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:

8
Median Days
Until Pending
Homes (that actually sold) went under contract after a median of 8 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.

51%
of Available Homes
Are Under Contract
51% of previously owned 28226-area homes are under contract – compared with 48% of all homes in the Charlotte metro area.

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

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.

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

51%
of Available Homes
Are Under Contract

51% of previously owned 28226-area homes are under contract – compared with 48% of all homes in the Charlotte metro area.


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.

Are You the Owner?

Inquire about getting a more precise estimate on your home's value from one of our experienced agents


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Neighboring Homes 
3811 Windwood Circle
Charlotte, NC

2,214 SqFt ▪ 3 Bed ▪ 2 Bath
5508 Carmel Road
Charlotte, NC

2,266 SqFt ▪ 4 Bed ▪ 3 Bath
3808 Windwood Circle
Charlotte, NC

1,871 SqFt ▪ 3 Bed ▪ 2 Bath
3817 Windwood Circle
Charlotte, NC

2,605 SqFt ▪ 4 Bed ▪ 3 Bath
5505 Carmel Road
Charlotte, NC

5,286 SqFt ▪ 5 Bed ▪ 6 Bath
5412 Carmel Road
Charlotte, NC

3,182 SqFt ▪ 4 Bed ▪ 4 Bath
5511 Carmel Road
Charlotte, NC

4,500 SqFt ▪ 4 Bed ▪ 4 Bath
3820 Windwood Circle
Charlotte, NC

2,073 SqFt ▪ 3 Bed ▪ 2 Bath
3825 Windwood Circle
Charlotte, NC

2,142 SqFt ▪ 4 Bed ▪ 3 Bath
4523 Carmel Vista Lane
Charlotte, NC

3,609 SqFt ▪ 4 Bed ▪ 5 Bath
5408 Carmel Road
Charlotte, NC

3,593 SqFt ▪ 4 Bed ▪ 4 Bath
3830 Windwood Circle
Charlotte, NC

2,609 SqFt ▪ 5 Bed ▪ 2 Bath


1% List Fee for Sellers

We offer full-service listing services for 1% when you buy and sell.



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.