$220,000
SOLD JUN 20, 2024

7120 Somerset Springs Dr Unit B Charlotte, NC 28262

Mineral Springs Neighborhood
2 Beds
2 Baths
1,288 Sq Ft
$236/mo HOA Fee

Recently Sold

$171 Per Sq Ft

4% Below List Price

Highlights

  • Open Floorplan
  • Enclosed patio or porch
  • Laundry Room
  • Lawn
  • Walk-In Closet
  • 1-Story Property

About This Home

As of June 2024

This home is located at 7120 Somerset Springs Dr Unit B, Charlotte, NC 28262 and is currently priced at $220,000, approximately $170 per square foot. This property was built in 2008. 7120 Somerset Springs Dr Unit B is a home located in Mecklenburg County with nearby schools including Governors Village STEM Academy (Upper), Governors Village STEM Academy (Lower), and Julius L. Chambers High School.

Last Agent to Sell the Property

Mary Howard

Red Boots Realty, Inc Brokerage Email: RBR@ThereIsNoPlaceLikeHomeNC.com License #279408 Listed on: 05/17/2024

Last Buyer's Agent

Maria Valverde Ceciliano

Monarch Group Realty License #319858

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,120

Year Built

  • Built in 2008

HOA Fees

  • $236 Monthly HOA Fees

Parking

  • 1 Assigned Parking Space

Home Design

  • Garden Home
  • Slab Foundation
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 1,288 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Pull Down Stairs to Attic
  • Laundry Room

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Plumbed For Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Utilities

  • Central Air
  • Vented Exhaust Fan
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Enclosed patio or porch
  • Lawn

Community Details

  • William Douglasbhome Owners Assocation Association
  • Somerset Springs Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 047-033-36

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,120

Year Built

Built in 2008

Lot Details

0

HOA Fees

$236 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 2008
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Asphalt, Paved
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 170.81
  • Property Sub Type Additional: Garden
  • Geocode Confidence: High
  • Attribution Contact: RBR@ThereIsNoPlaceLikeHomeNC.com
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Entry Level: 1
  • Fireplace: No
  • Interior Amenities: Attic Stairs Pulldown, Cable Prewire, Open Floorplan, Pantry, Walk-In Closet(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1288
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Disposal, Electric Cooktop, Electric Oven, Exhaust Fan, Gas Water Heater, Plumbed For Ice Maker
  • Above Grade Finished Sq Ft: 1288
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Living Area: 1288
  • Bedroom Main: 2
  • Room Count: 5

Exterior Features

  • Exterior Features: Lawn Maintenance
  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Exclusions: Washing machine, Dryer, and Fridge
  • Construction Type: Brick Full
  • Patio And Porch Features: Enclosed

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Assigned
  • Assigned Spaces: 1

Utilities

  • Heating: Natural Gas
  • Sewer: Public Sewer
  • Laundry Features: In Kitchen
  • Cooling: Central Air, Electric
  • Utilities: Cable Available, Electricity Connected, Gas
  • Water Source: City

Condo/Co-op/Association

  • Association Fee: 236
  • Association Fee Frequency: Monthly
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: William DouglasbHome Owners Assocation
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Association Annual Expense: 2832.00

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: Required

Lot Info

  • Parcel Number: 047-033-36
  • Zoning: R17MF
  • Land Included Yn: 0
  • Zoning Specification: R17MF

Green Features

  • Green Verification Count: 0

Rental Info

  • Pets Allowed: Yes

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

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
$221,199

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
12.38%

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
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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

Source: Public Records

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

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4141436

Canopy MLS (Canopy Realtor® Association)

APN: 047-033-36