NOT LISTED FOR SALE

7429 Wallace Ln Charlotte, NC 28212

Idlewild South Neighborhood

Estimated Value: $359,988 - $386,000

4 Beds
2.5 Baths
2,025 Sq Ft
$184/Sq Ft Est. Value

Sale Details

Date Sold: September 1, 2017

Last sale price $140,000 $69 Per Sq Ft

Est. 166% increase in value since last sale

Current estimated payment $2,206 / mo

43 Days on Market

About This Home

As of September 2017

This home is priced to sell. Tile flooring throughout main level. Large eat in breakfast area which opens up to large fenced in rear yard. Property is owned by US Dept of HUD. Case# 387-181818 IE, subject
to appraisal. Seller makes no representations or warranties are to property condition. HUD homes are sold in
as-is condition. Pre 1978 properties are to include LBP notices. Equal housing opportunity. Seller may
contribute up to 3% of buyers closing costs upon buyer request

Last Agent to Sell the Property

Stephone Johnson

EMJ Realty & Asset Services Inc License #205927 Listed on: 05/09/2017

Last Buyer's Agent

Juan Guzman

Citywide Group Inc License #255573

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2013

Lot Details

  • Lot Dimensions are 40 x 105

HOA Fees

  • $17 Monthly HOA Fees

Parking

  • 2

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 2-Story Property

Community Details

  • Superior Association, Phone Number (704) 875-7177

Listing and Financial Details

  • Assessor Parcel Number 165-074-48

Home Details

Home Type

Single Family

Year Built

Built in 2013

Lot Details

8,712 Sq Ft Lot

HOA Fees

$17 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Ratio Close Price By List Price: 1.16667
  • Ratio Close Price By Original Li: 1.16667
  • Ratio Current Price By Acre: 700000.00
  • Ratio Current Price By Sq Ft: 69.14
  • Year Built: 2013
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 1160
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 4
  • Equipment: Ceiling Fan(s)
  • H O A Management Phone: 704-875-7177
  • Laundry Location: Upper
  • Room Count: 2
  • Main Level Sq Ft: 865
  • Total Sq Ft: 2025
  • Sq Ft Unheated Main: 300
  • Sq Ft Unheated Total: 300

Exterior Features

  • Construction: Brick Partial, Vinyl
  • Construction Type: Site Built
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Concrete
  • Parking: Garage - 2 Car

Utilities

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

Condo/Co-op/Association

  • Association Fee: 206.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Superior
  • Hoa Subject To Dues: Mandatory

Lot Info

  • Lot Dimension: 40 x 105
  • Parcel Number: 165-074-48
  • Zoning Specification: R6CD

Tax Info

  • Tax Value: 141600.00
  • Tax Location: Charlotte

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 3, 2020
Sold by
Nolasco Leonel D and Ramirez Edith Veronica
Bought by
Gebreyesus Semere Abraham
Current Estimated Value
$372,247

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,990
Outstanding Balance
$196,323
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$175,924

Purchase Details

Listed on
May 9, 2017
Closed on
Aug 28, 2017
Sold by
Secerty Of Housung An Urdban Develpment
Bought by
The Law Office Of Brent F King Llc
Seller's Agent
Stephone Johnson
EMJ Realty & Asset Services Inc
Buyer's Agent
Juan Guzman
Citywide Group Inc
List Price
$120,000
Sold Price
$140,000
Premium/Discount to List
$20,000
16.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.00%
Original Mortgage
$146,003
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 30, 2016
Sold by
Jpmorgan Chasse Bank Na
Bought by
Secretary Of Housing And Urban Developme

Purchase Details

Closed on
Dec 19, 2016
Sold by
Chavez Yosbel Olivera and Vasquez Rradel Rodriguez
Bought by
Jp Morgan Chase Bank Natinal Association

Purchase Details

Closed on
Jun 21, 2013
Sold by
Oakmont Home Builders Inc
Bought by
Chavez Yosbel Olivera and Vasquez Radel Rodriquez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,689
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 14, 2006
Sold by
Triven Properties 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
Gebreyesus Semere Abraham $237,000 Ballantyne Title Company
The Law Office Of Brent F King Llc -- None Available
Secretary Of Housing And Urban Developme -- None Available
Jp Morgan Chase Bank Natinal Association $123,200 None Available
Chavez Yosbel Olivera $127,000 None Available
Liberty Oak Inc $249,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gebreyesus Semere Abraham $220,990
Previous Owner The Law Office Of Brent F King Llc $146,003
Previous Owner Chavez Yosbel Olivera $124,689
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/01/2017 09/01/17 Sold $140,000 +16.7% $69 / Sq Ft
06/21/2017 06/21/17 Pending -- -- --
05/09/2017 05/09/17 For Sale $120,000 -- $59 / 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 $2,589 $321,600 $65,000 $256,600
2024 $2,589 $321,600 $65,000 $256,600
2023 $2,498 $321,600 $65,000 $256,600
2022 $1,999 $194,100 $20,000 $174,100
2021 $1,988 $194,100 $20,000 $174,100
2020 $1,980 $194,100 $20,000 $174,100
2019 $1,965 $194,100 $20,000 $174,100
2018 $1,931 $141,600 $16,200 $125,400
2017 $1,896 $141,600 $16,200 $125,400
2016 $1,886 $141,600 $16,200 $125,400
2015 $1,875 $141,600 $16,200 $125,400
2014 -- $27,000 $27,000 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2017

    Stephone Johnson

    EMJ Realty & Asset Services Inc

    (704) 536-5356

    36 Total Sales

    Stephone Johnson
    Section Image
  • Juan Guzman

    Buyer's Agent in 2017

    Juan Guzman

    Citywide Group Inc

    (980) 328-5626

    4 in this area

    190 Total Sales

    Juan Guzman
    Section Image
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Map

Source: Canopy MLS

MLS Number: CAR3279900

Canopy MLS

APN: 165-074-48

North Carolina Mecklenburg County Charlotte 28212 Idlewild South

7429 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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