NOT LISTED FOR SALE

7111 Old Oak Ln Mint Hill, NC 28227

Estimated Value: $550,982 - $593,000

4 Beds
2.5 Baths
2,783 Sq Ft
$207/Sq Ft Est. Value

Sale Details

Date Sold: August 14, 2020

Last sale price $347,000 $125 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $3,343 / mo

49 Days on Market

Highlights

  • Fruit Trees
  • Separate Outdoor Workshop
  • Gas Log Fireplace
  • Traditional Architecture
  • Carpet

About This Home

As of August 2020

Reduced!!Large price reduction on this one owner home, painstakingly maintained, brick two story in sought after neighborhood and called it HOME for over 20 years. Large acre lot with beautiful landscaping, fruit and nut trees, large garden bordered by grape arbor. Detached man cave with electricity and water, suitable for office, workshop, or just a getaway. Windows and roof have been replaced

Last Agent to Sell the Property

Ginny Brock

Coldwell Banker Realty License #169764 Listed on: 05/10/2020

Coldwell Banker Realty

Last Buyer's Agent

Pia Ramey

NorthGroup Real Estate LLC License #315344

NorthGroup Real Estate LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1973

Lot Details

  • Fruit Trees
  • Many Trees

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Gas Log Fireplace
  • Crawl Space

Flooring

  • Carpet
  • Vinyl

Outdoor Features

  • Separate Outdoor Workshop

Utilities

  • Heating System Uses Natural Gas
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 135 253 04

Home Details

Home Type

Single Family

Year Built

Built in 1973

Lot Details

1.05 Acres

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Architectural Style: Traditional
  • Ratio Close Price By List Price: 0.92533
  • Ratio Close Price By Original Li: 0.86967
  • Ratio Current Price By Acre: 330476.19
  • Ratio Current Price By Sq Ft: 124.69
  • Year Built: 1973
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space
  • Upper Level Sq Ft: 1217
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 4
  • Equipment: Ceiling Fan(s), Dishwasher, Gas Range, Natural Gas, Refrigerator
  • Fireplace Description: FAMILYRM, Gas Logs
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl
  • Laundry Location: Main, Laundry Room
  • Room Count: 2
  • Sq Ft Additional: 68
  • Main Level Sq Ft: 1566
  • Total Sq Ft: 2783

Exterior Features

  • Construction: Brick Full, Vinyl
  • Construction Type: Site Built
  • Exterior Features: Workshop

Garage/Parking

  • Driveway: Concrete
  • Parking: Carport - 1 Car

Utilities

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

Lot Info

  • Lot Features: Fruit Trees, Paved Frontage, Trees
  • Parcel Number: 135 253 04
  • Zoning Specification: res

Tax Info

  • Tax Value: 329000.00
  • Tax Location: Mint Hill

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2020
Closed on
Aug 14, 2020
Sold by
Mcginnis Kermit D and Mcginnis Carolyn B
Bought by
Torres Juan Carlos Cervantes and Bernabe Laura Angelica
Seller's Agent
Ginny Brock
Coldwell Banker Realty
Buyer's Agent
Pia Ramey
NorthGroup Real Estate LLC
List Price
$399,000
Sold Price
$347,000
Premium/Discount to List
-$52,000
-13.03%
Current Estimated Value
$576,496

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$229,496
Avg. Annual Appreciation
9.28%
Original Mortgage
$336,590
Outstanding Balance
$298,579
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$277,917

Purchase Details

Closed on
Feb 15, 1993
Bought by
Mcginnis Kermit D and Mcginnis Carolyn B
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Torres Juan Carlos Cervantes $347,000 None Available
Mcginnis Kermit D $145,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Torres Juan Carlos Cervantes $336,590
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/14/2020 08/14/20 Sold $347,000 -7.5% $125 / Sq Ft
06/29/2020 06/29/20 Pending -- -- --
06/09/2020 06/09/20 Price Changed $375,000 -6.0% $135 / Sq Ft
05/10/2020 05/10/20 For Sale $399,000 -- $143 / Sq Ft
Source: Canopy MLS

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 $3,435 $478,100 $99,000 $379,100
2024 $3,435 $478,100 $99,000 $379,100
2023 $3,435 $478,100 $99,000 $379,100
2022 $2,908 $329,000 $66,000 $263,000
2021 $2,908 $329,000 $66,000 $263,000
2020 $2,869 $329,000 $66,000 $263,000
2019 $2,902 $329,000 $66,000 $263,000
2018 $2,293 $207,200 $36,000 $171,200
2017 $2,274 $207,200 $36,000 $171,200
2016 $2,270 $207,200 $36,000 $171,200
2015 $2,267 $207,200 $36,000 $171,200
2014 $2,265 $207,200 $36,000 $171,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS

MLS Number: CAR3612327

Canopy MLS

APN: 135-253-04

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