NOT LISTED FOR SALE

5116 Red Cedar Ln Charlotte, NC 28226

Olde Providence Neighborhood

Estimated Value: $772,000 - $895,000

4 Beds
2.5 Baths
2,377 Sq Ft
$343/Sq Ft Est. Value

Last Sold November 12, 2019

Last sale price $500,000 $210 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $4,593/month

3 Days on Market

Highlights

  • Open Floorplan
  • Ranch Style House
  • Skylights
  • Sharon Elementary Rated A-
  • Wood Flooring
  • Fireplace

About This Home

As of November 2019

This beautiful ranch home on .73 acre lot is ready for a new home owner! Amazing pecan floors throughout living areas! Huge formal living room with tons of natural light, opens to dining room with crown & chair molding. Updated Cook's kitchen features center island, granite counter tops, tile backsplash, under cabinet lights, recess lights & stainless steel appliances. Wine bar with built-in cabinets & shelving opens to great room with custom stacked stone fireplace & huge solarium looking over a beautiful yard. Solarium features tons of windows, skylights, ceiling fan & tile floor. Good sized secondary bedrooms. Large master bedroom with two closets, ceiling fan & updated en-suite bath. Large paver patio welcomes you to a spacious park-like backyard. Over-sized two car garage with breezeway. Sought after central location close to South Park with an abundance of nearby restaurants & shopping.

Last Agent to Sell the Property

Erika Pitman

Keller Williams South Park License #240978 Listed on: 10/08/2019

Keller Williams South Park

Last Buyer's Agent

Kelly Blandford

Helen Adams Realty License #221803

Helen Adams Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1979

Lot Details

  • Lot Dimensions are 43 x 38 x 292 x 207 x 204
  • Open Lot

Parking

  • Workshop in Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • Open Floorplan
  • Skylights
  • Fireplace
  • Insulated Windows
  • Window Treatments
  • Storm Doors
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Tile

Outdoor Features

  • Shed

Community Details

  • Old Salem Meredith Neighborhood Association

Listing and Financial Details

  • Assessor Parcel Number 187-121-49

Home Details

Home Type

Single Family

Year Built

Built in 1979

Lot Details

0.73 Acres

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Ranch
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Acre: 684931.51
  • Ratio Current Price By Sq Ft: 210.35
  • Year Built: 1979
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Slab
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 4
  • Doors and Windows: Insulated Windows, Storm Door(s)
  • Equipment: Ceiling Fan(s), Cable Prewire, Dishwasher, Electric Range, Exhaust Hood, Electric Oven
  • Fireplace Description: Great Room
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Built-Ins, Garage Shop, Kitchen Island, Open Floorplan, Skylight(s), Window Treatments
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 2377
  • Total Sq Ft: 2377

Exterior Features

  • Construction: Brick Full, Hardboard Siding
  • Construction Type: Site Built
  • Exterior Features: Shed(s)

Garage/Parking

  • Driveway: Concrete
  • Parking: Detached Garage, Driveway, Garage - 2 Car

Utilities

  • Heating: Central Air, Gas Hot Air Furnace
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA Management Company: Old Salem Meredith Neighborhood Association

Lot Info

  • Lot Dimension: 43 x 38 x 292 x 207 x 204
  • Lot Features: Open Lot
  • Parcel Number: 187-121-49
  • Zoning Specification: R3

Tax Info

  • Tax Value: 273300.00
  • Tax Location: Charlotte

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2019
Closed on
Nov 12, 2019
Sold by
Ketchie Derek and Ketchie Leigh
Bought by
Giffin James D and Giffin Heidi H
Seller's Agent
Erika Pitman
Keller Williams South Park
Buyer's Agent
Kelly Blandford
Helen Adams Realty
List Price
$500,000
Sold Price
$500,000
Current Estimated Value
$815,991

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$315,991
Avg. Annual Appreciation
8.12%
Original Mortgage
$475,000
Outstanding Balance
$417,878
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$398,113

Purchase Details

Closed on
Feb 15, 2006
Sold by
Newmark Steven Douglas and Newmark Laura Holman
Bought by
Ketchie Derek and Ketchie Leigh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,900
Interest Rate
5.75%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Giffin James D $500,000 None Available
Ketchie Derek $235,000 Investors Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Giffin James D $475,000
Previous Owner Ketchie Derek $234,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/12/2019 11/12/19 Sold $500,000 0.0% $210 / Sq Ft
10/11/2019 10/11/19 Pending -- -- --
10/08/2019 10/08/19 For Sale $500,000 -- $210 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,825 $616,900 $204,800 $412,100
2024 $4,825 $616,900 $204,800 $412,100
2023 $4,664 $616,900 $204,800 $412,100
2022 $4,155 $417,600 $175,000 $242,600
2021 $4,144 $417,600 $175,000 $242,600
2020 $4,137 $417,600 $175,000 $242,600
2019 $4,121 $417,600 $175,000 $242,600
2018 $3,659 $273,300 $85,500 $187,800
2017 $3,601 $273,300 $85,500 $187,800
2016 $3,591 $273,300 $85,500 $187,800
2015 $3,580 $273,300 $85,500 $187,800
2014 $3,572 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Erika Pitman

    Seller's Agent in 2019

    Erika Pitman

    Keller Williams South Park

    (704) 576-1671

    1 in this area

    67 Total Sales

    Erika Pitman
    Section Image
  • Kelly Blandford

    Buyer's Agent in 2019

    Kelly Blandford

    Helen Adams Realty

    (704) 907-4560

    1 in this area

    83 Total Sales

    Kelly Blandford
    Section Image
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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3557784

Canopy MLS (Canopy Realtor® Association)

APN: 187-121-49

North Carolina Mecklenburg County Charlotte 28226 Olde Providence

5116 Red Cedar Ln, Charlotte, NC

Not Listed for Sale

Detached

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Canopy MLS (Canopy Realtor® Association) 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. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID

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