NOT LISTED FOR SALE

7221 Preakness Stakes Ln Charlotte, NC 28215

Silverwood Neighborhood

Estimated Value: $302,000 - $327,322

3 Beds
2 Baths
1,251 Sq Ft
$252/Sq Ft Est. Value

Last Sold July 13, 2018

Last sale price $155,000 $124 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $1,877/month

4 Days on Market

Highlights

  • Private Lot
  • Ranch Style House
  • Fireplace
  • Vaulted Ceiling
  • Skylights
  • Attached Garage

About This Home

As of July 2018

Fantastic home! The home is situated on a large .41 acre lot with plenty of privacy. The backyard is lined with mature trees. From the moment you step inside, you will appreciate the newer laminate hardwood flooring in the foyer and great room, the vaulted ceiling and door wall that lead to the newly rebuilt deck. The great room is a fantastic size and is open to the kitchen. The kitchen has plenty of cabinets, counters, a bay window for plenty of light and stainless steel appliances. The master bedroom suite offers a large closet and wonderful master bath. The master bath has dual sinks, a garden tub, skylight and separate shower. The other 2 bedrooms are a good size. There is plenty of room in the backyard to enjoy. Get organized in the 2 car attached garage. Hurry to see this one!

Last Agent to Sell the Property

Bonita Crawford

COMPASS License #274316 Listed on: 06/07/2018

COMPASS

Last Buyer's Agent

Caitlyn Cotton

Helen Adams Realty License #290234

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1999

Lot Details

  • Private Lot
  • Level Lot
  • Many Trees

HOA Fees

  • $8 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Ranch Style House
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • Vaulted Ceiling
  • Skylights
  • Fireplace
  • Insulated Windows
  • Pull Down Stairs to Attic
  • Storm Doors

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Full Bathrooms
  • Garden Bath

Community Details

  • Cedar Management Association, Phone Number (704) 644-8808

Listing and Financial Details

  • Assessor Parcel Number 108-048-23

Home Details

Home Type

Single Family

Year Built

Built in 1999

Lot Details

0

HOA Fees

$8 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Ranch
  • Construction Status: Complete
  • Proposed Special Assessment Yn: Yes
  • Ratio Close Price By List Price: 1.03333
  • Ratio Close Price By Original Li: 1.03333
  • Ratio Current Price By Acre: 378048.78
  • Ratio Current Price By Sq Ft: 123.90
  • Special Assessment Yn: Yes
  • Year Built: 1999
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Slab
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Doors and Windows: Insulated Windows, Storm Door(s)
  • Equipment: Cable Prewire, Disposal, Electric Range, Ice Maker Connection, Microwave, Refrigerator, Electric Oven
  • Fireplace Description: Great Room
  • Fireplace: Yes
  • Flooring: Carpet, Laminate Wood, Vinyl
  • H O A Management Phone: 704-644-8808
  • Interior Amenities: Attic Stairs Pulldown, Garden Tub, Skylight(s), Vaulted Ceiling
  • Laundry Location: Closet
  • Room Count: 1
  • Main Level Sq Ft: 1251
  • Total Sq Ft: 1251
  • Sq Ft Unheated Main: 400
  • Sq Ft Unheated Total: 400

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Garage - 2 Car, Garage Door Opener, Keypad Entry

Utilities

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

Condo/Co-op/Association

  • Association Fee: 100.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Cedar Management
  • Hoa Subject To Dues: Mandatory

Lot Info

  • Lot Dimension: 46.75X51.05X188.29X102.43
  • Lot Features: Cul-de-sac Lot, Level, Private, Trees
  • Parcel Number: 108-048-23
  • Zoning Specification: R3

Tax Info

  • Tax Value: 106200.00
  • Tax Location: Charlotte

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2018
Closed on
Jun 28, 2018
Sold by
Gadsden Miesha Denise Brayboy and Gadsden Deangle
Bought by
Lewis Tamara Davis and Enoch Cameron
Seller's Agent
Bonita Crawford
COMPASS
Buyer's Agent
Caitlyn Cotton
Helen Adams Realty
List Price
$150,000
Sold Price
$155,000
Premium/Discount to List
$5,000
3.33%
Current Estimated Value
$315,331

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$160,331
Avg. Annual Appreciation
10.22%
Original Mortgage
$149,540
Outstanding Balance
$129,599
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$185,732

Purchase Details

Closed on
Dec 21, 2007
Sold by
Davidson Regina M
Bought by
Brayboy Miesha Denise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,200
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 13, 1999
Sold by
The Mulvaney Group Ltd
Bought by
Davidson Regina M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,705
Interest Rate
7.7%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Lewis Tamara Davis $167,000 None Available
Brayboy Miesha Denise $129,000 None Available
Davidson Regina M $115,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lewis Tamara Davis $149,540
Previous Owner Brayboy Miesha Denise $103,200
Previous Owner Davidson Regina M $113,705
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/13/2018 07/13/18 Sold $155,000 +3.3% $124 / Sq Ft
06/11/2018 06/11/18 Pending -- -- --
06/07/2018 06/07/18 For Sale $150,000 -- $120 / 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
2025 $2,535 $314,500 $66,000 $248,500
2024 $2,535 $314,500 $66,000 $248,500
2023 $2,446 $314,500 $66,000 $248,500
2022 $1,722 $165,400 $33,000 $132,400
2021 $7 $165,400 $33,000 $132,400
2020 $1,703 $165,400 $33,000 $132,400
2019 $1,688 $165,400 $33,000 $132,400
2018 $1,467 $106,200 $20,900 $85,300
2017 $1,438 $106,200 $20,900 $85,300
2016 $1,428 $106,200 $20,900 $85,300
2015 $1,417 $106,200 $20,900 $85,300
2014 $1,426 $106,200 $20,900 $85,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3397851

Canopy MLS (Canopy Realtor® Association)

APN: 108-048-23