7120 Somerset Springs Dr Unit B Charlotte, NC 28262
Mineral Springs Neighborhood
2
Beds
2
Baths
1,288
Sq Ft
$179/mo
HOA Fee
Highlights
- Walk-In Closet
- Storm Doors
- Many Trees
About This Home
As of June 2024Ranch Condo Living is available in Somerset Springs. This community is minutes to Uptown and I-85/University area . This is a two bedroom Home which has no carpet. It has a living room , eat- in Kitchen, 2 bedroom and 2 bathroom, and spacious Den area. The enclosed patio area is right off the den. Just enough room for Your Grill and outside dining. This Unit backs up to trees for additional privacy. Did I mention Location is the best feature and conveniently location within 5 miles to the Light Rail on North Tryon/University City Blvd Stop. HOA dues are $179.00 monthly which include water and sewage. Unit being sold As Is.
Property Details
Home Type
- Condominium
Year Built
- Built in 2008
HOA Fees
- $179 Monthly HOA Fees
Home Design
- Slab Foundation
- Vinyl Siding
Bedrooms and Bathrooms
- Walk-In Closet
- 2 Full Bathrooms
Attic
- Pull Down Stairs to Attic
Home Security
Additional Features
- Laminate Flooring
- Many Trees
Listing and Financial Details
- Assessor Parcel Number 047-033-36
Community Details
Overview
- Wm. Douglass Mgmt Co. Association, Phone Number (704) 347-8900
Security
- Storm Doors
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 17, 2024
Closed on
Jun 27, 2024
Sold by
Diallo Fatou B and Diallo Mouhamadou
Bought by
Johnson Lisbeth
Seller's Agent
Mary Howard
Red Boots Realty, Inc
Buyer's Agent
Maria Valverde Ceciliano
Monarch Group Realty
List Price
$230,000
Sold Price
$220,000
Premium/Discount to List
-$10,000
-4.35%
Views
2
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,199
Avg. Annual Appreciation
0.50%
Original Mortgage
$209,000
Outstanding Balance
$207,428
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$13,771
Purchase Details
Closed on
Nov 17, 2022
Sold by
Diallo Fatou B
Bought by
Diallo Fatou B and Diallo Alghassimou
Purchase Details
Listed on
Jun 26, 2020
Closed on
Sep 8, 2020
Sold by
Hauser Demetria Monshelle
Bought by
Diallo Fatou B
Seller's Agent
Angie Williams
EXP Realty LLC
Buyer's Agent
Brian Baumgardner
MartinGroup Properties Inc
List Price
$139,900
Sold Price
$125,000
Premium/Discount to List
-$14,900
-10.65%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.46%
Purchase Details
Closed on
Apr 13, 2017
Sold by
Secretary Of H U D
Bought by
Hauser Demetria and Monshelle Dernetria
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,000
Interest Rate
4.1%
Mortgage Type
Stand Alone Second
Purchase Details
Closed on
Sep 21, 2016
Sold by
Cole Elizabeth
Bought by
Cole Elizabeth and Lineberger Vincent E
Purchase Details
Closed on
Apr 12, 2016
Sold by
Cole Elizabeth
Bought by
The Secretary Of Hud
Purchase Details
Closed on
Aug 1, 2008
Sold by
Wkb Somerset Springs Llc
Bought by
Cole Elizabeth
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,333
Interest Rate
6.37%
Mortgage Type
FHA
Similar Homes in Charlotte, NC
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $220,000 | None Listed On Document | |
| Quit Claim Deed | -- | -- | |
| Warranty Deed | $125,000 | None Available | |
| Special Warranty Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Trustee Deed | $51,850 | None Available | |
| Condominium Deed | $125,500 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $209,000 | New Conventional | |
| Previous Owner | $15,000 | Stand Alone Second | |
| Previous Owner | $16,631 | Stand Alone Second | |
| Previous Owner | $115,127 | FHA | |
| Previous Owner | $123,333 | FHA |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/20/2024 06/20/24 | Sold | $220,000 | -4.3% | $171 / Sq Ft |
| 05/18/2024 05/18/24 | Pending | -- | -- | -- |
| 05/17/2024 05/17/24 | For Sale | $230,000 | +84.0% | $179 / Sq Ft |
| 09/08/2020 09/08/20 | Sold | $125,000 | -3.8% | $97 / Sq Ft |
| 08/23/2020 08/23/20 | Pending | -- | -- | -- |
| 08/22/2020 08/22/20 | Price Changed | $130,000 | -7.1% | $101 / Sq Ft |
| 08/07/2020 08/07/20 | For Sale | $139,900 | 0.0% | $109 / Sq Ft |
| 07/01/2020 07/01/20 | Pending | -- | -- | -- |
| 06/28/2020 06/28/20 | Price Changed | $139,900 | -6.7% | $109 / Sq Ft |
| 06/26/2020 06/26/20 | For Sale | $149,900 | -- | $116 / Sq Ft |
Source: Canopy MLS (Canopy Realtor® Association)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2023 | $1,120 | $169,840 | $0 | $169,840 |
| 2022 | $1,120 | $116,100 | $0 | $116,100 |
| 2021 | $1,235 | $116,100 | $0 | $116,100 |
| 2020 | $1,228 | $116,100 | $0 | $116,100 |
| 2019 | $1,212 | $116,100 | $0 | $116,100 |
| 2018 | $1,242 | $89,100 | $15,000 | $74,100 |
| 2017 | $1,216 | $89,100 | $15,000 | $74,100 |
| 2016 | $1,207 | $89,100 | $15,000 | $74,100 |
| 2015 | $1,195 | $89,100 | $15,000 | $74,100 |
| 2014 | $1,183 | $89,100 | $15,000 | $74,100 |
Source: Public Records
Agents Affiliated with this Home
-
Mary Howard
M
Seller's Agent in 2024
Mary Howard
Red Boots Realty, Inc
(704) 560-0823
1 in this area
20 Total Sales
-
Maria Valverde Ceciliano
M
Buyer's Agent in 2024
Maria Valverde Ceciliano
Monarch Group Realty
(336) 862-2116
1 in this area
67 Total Sales
-
Angie Williams
A
Seller's Agent in 2020
Angie Williams
EXP Realty LLC
(704) 222-7930
1 in this area
27 Total Sales
-
Brian Baumgardner
B
Buyer's Agent in 2020
Brian Baumgardner
MartinGroup Properties Inc
(704) 904-3131
1 in this area
77 Total Sales
Map
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: CAR3634149
APN: 047-033-36
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