NOT LISTED FOR SALE

7425 Wallace Ln Charlotte, NC 28212

Idlewild South Neighborhood

Estimated Value: $318,733 - $348,000

3 Beds
2.5 Baths
1,528 Sq Ft
$217/Sq Ft Est. Value

Sale Details

Date Sold: March 19, 2020

Last sale price $205,000 $134 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $1,951 / mo

About This Home

As of May 2021

Beautiful updated 2-story 3 bed/2.5 bath home with fenced backyard. 1st floor has new flooring, gas fireplace, beautiful kitchen, dining room, and great room. 2nd floor includes nice master bedroom with walk in closet, bath with dual vanity, separate shower and garden tub. Laundry is located on the 2nd floor for you convenience.

Last Agent to Rent the Property

Monica Kane

Berkshire Hathaway HomeServices Elite Property Management License #257595 Listed on: 05/20/2021

Berkshire Hathaway HomeServices Elite Property Management

Last Renter's Agent

Teresa Mutakabbir

Berkshire Hathaway HomeServices Elite Properties License #280938

Berkshire Hathaway HomeServices Elite Properties

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2008

Lot Details

  • 3,920

Parking

  • Attached Garage

Interior Spaces

  • Fireplace

Utilities

  • Heating System Uses Natural Gas

Listing and Financial Details

  • Security Deposit $1,500
  • Tenant pays for all utilities
  • Available 6/14/21
  • Assessor Parcel Number 16507447

Home Details

Home Type

Single Family

Year Built

Built in 2008

Lot Details

3,920 Sq Ft Lot

Parking

1

Rental Info

  • Tenant Pays: All Utilities
  • Lease Term: 1 Year, 2 Year
  • Available Date: 06/14/2021
  • Pet Deposit: 300
  • Deposit Security: 1500
  • Pets Allowed: Conditional

Listing Details

  • Property Type: Rentals
  • Property Sub Type: House
  • Property Sub Type Secondary: 2 Story
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Acre: 16666.67
  • Ratio Current Price By Sq Ft: 0.98
  • Unit Floor Level: 1
  • Year Built: 2008
  • Special Features: None

Interior Features

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Equipment: Ceiling Fan(s), Dishwasher, Disposal, Electric Oven, Exhaust Hood, Microwave, Refrigerator, Self Cleaning Oven, Washer/Dryer Included
  • Fireplace: Yes
  • Interior Amenities: Pantry
  • Laundry Location: Upper
  • Room Count: 2
  • Total Sq Ft: 1528

Exterior Features

  • Exterior Features: Fenced Yard

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Garage - 1 Car

Utilities

  • Heating: Gas Hot Air Furnace, Natural Gas

Lot Info

  • Parcel Number: 16507447

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2020
Closed on
Mar 13, 2020
Sold by
Almeyda Octavio and Almeyda Gladys
Bought by
Zuniga Marion and Kamboykos Maria
Seller's Agent
Lenora Lopez
Berkshire Hathaway HomeServices Elite Properties
Buyer's Agent
Lenora Lopez
Berkshire Hathaway HomeServices Elite Properties
Sold Price
$1,450
Current Estimated Value
$331,933

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$330,483
Avg. Annual Appreciation
8.25%
Original Mortgage
$153,750
Outstanding Balance
$135,908
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$196,025

Purchase Details

Closed on
Jun 3, 2013
Sold by
Jones Valda D
Bought by
Liberty Oak Inc

Purchase Details

Closed on
Oct 21, 2012
Sold by
Liberty Oak Inc
Bought by
Almeyda Octavio and Almeyda Gladys

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,900
Interest Rate
4.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 27, 2011
Sold by
Liberty Oak Inc
Bought by
Jones Valda D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
4.88%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 22, 2006
Sold by
Kb Home Charlotte Llc
Bought by
Liberty Oak Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Zuniga Marion $205,000 None Available
Liberty Oak Inc -- None Available
Almeyda Octavio $111,000 None Available
Jones Valda D $131,500 None Available
Liberty Oak Inc $449,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zuniga Marion $153,750
Previous Owner Almeyda Octavio $99,900
Previous Owner Jones Valda D $130,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/26/2021 05/26/21 Rented $1,500 0.0% --
05/20/2021 05/20/21 For Rent $1,500 +3.4% --
04/23/2020 04/23/20 Rented $1,450 0.0% --
04/06/2020 04/06/20 Price Changed $1,450 -3.3% $1 / Sq Ft
03/21/2020 03/21/20 For Rent $1,500 0.0% --
03/19/2020 03/19/20 Sold $205,000 +2.5% $134 / Sq Ft View Prior Sale
02/14/2020 02/14/20 Pending -- -- --
02/13/2020 02/13/20 For Sale $200,000 -- $131 / 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 $2,293 $282,500 $65,000 $217,500
2024 $2,293 $282,500 $65,000 $217,500
2023 $2,211 $282,500 $65,000 $217,500
2022 $1,714 $164,600 $20,000 $144,600
2021 $1,703 $164,600 $20,000 $144,600
2020 $1,697 $164,700 $20,000 $144,700
2019 $1,681 $164,700 $20,000 $144,700
2018 $1,652 $120,300 $16,200 $104,100
2017 $1,620 $120,300 $16,200 $104,100
2016 $1,611 $120,300 $16,200 $104,100
2015 $1,599 $120,300 $16,200 $104,100
2014 $1,746 $131,100 $27,000 $104,100
Source: Public Records

Agents Affiliated with this Home

  • M

    Landlord's Agent in 2021

    Monica Kane

    Berkshire Hathaway HomeServices Elite Property Management

    Section Image
  • Teresa Mutakabbir

    Tenant's Agent in 2021

    Teresa Mutakabbir

    Berkshire Hathaway HomeServices Elite Properties

    (704) 564-4940

    34 Total Sales

    Teresa Mutakabbir
    Section Image
  • Brian Belcher

    Seller's Agent in 2020

    Brian Belcher

    RE/MAX Executives Charlotte, NC

    (704) 287-3868

    1 in this area

    294 Total Sales

    Brian Belcher
    Section Image

  • L

    Seller's Agent in 2020

    Lenora Lopez

    Berkshire Hathaway HomeServices Elite Properties

  • Ross Rebhan

    Buyer's Agent in 2020

    Ross Rebhan

    The Apartment Brothers LLC

    (704) 502-1040

    45 Total Sales

    Ross Rebhan
    Section Image
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Map

Source: Canopy MLS

MLS Number: CAR3741070

Canopy MLS

APN: 165-074-47

North Carolina Mecklenburg County Charlotte 28212 Idlewild South

7425 Wallace Ln, Charlotte, NC

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Canopy MLS All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID
Listings courtesy of Canopy MLS as distributed by MLS GRID

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