NOT LISTED FOR SALE

Estimated Value: $454,779

-- Bed
-- Bath
4,000 Sq Ft
$114/Sq Ft Est. Value

About This Home

This home is located at 7241 Covecreek Dr, Charlotte, NC 28215 and is currently priced at $454,779, approximately $113 per square foot. 7241 Covecreek Dr is a home located in Mecklenburg County with nearby schools including Northridge Middle School, Rocky River High School, and Sugar Creek Charter School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 20, 2023
Sold by
Parks Janice J and Parks Bud Eugene
Bought by
Summit Air Holdings Llc
Current Estimated Value
$454,779

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Outstanding Balance
$816,278
Interest Rate
5%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 1, 2007
Sold by
Parks Bud Eugene
Bought by
Parks Janice J

Purchase Details

Closed on
Dec 16, 1999
Sold by
Parks Janice Marie Jones
Bought by
Parks Bud Eugene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,220
Interest Rate
7.85%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 15, 1999
Sold by
Lance Inc
Bought by
Parks Bud Eugene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,220
Interest Rate
7.85%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Summit Air Holdings Llc $1,000,000 --
Parks Janice J -- None Available
Parks Bud Eugene -- --
Parks Bud Eugene $161,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Summit Air Holdings Llc $850,000
Previous Owner Parks Bud Eugene $80,220
Source: Public Records

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 -- $347,100 $254,800 $92,300
2024 -- $347,100 $254,800 $92,300
2023 $2,213 $347,100 $254,800 $92,300
2022 $2,213 $229,300 $117,600 $111,700
2021 $2,213 $229,300 $117,600 $111,700
2020 $2,213 $229,300 $117,600 $111,700
2019 $2,213 $229,300 $117,600 $111,700
2018 $1,869 $142,500 $72,900 $69,600
2017 $1,845 $142,500 $72,900 $69,600
2016 $1,845 $142,500 $72,900 $69,600
2015 $1,845 $142,500 $72,900 $69,600
2014 $1,830 $142,500 $72,900 $69,600
Source: Public Records

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