NOT LISTED FOR SALE

7438 Preakness Stakes Ln Charlotte, NC 28215

Silverwood Neighborhood

Estimated Value: $295,000 - $310,314

3 Beds
2 Baths
1,194 Sq Ft
$253/Sq Ft Est. Value

Last Sold April 26, 2023

Last sale price $290,000 $243 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,785/month

23 Days on Market

Highlights

  • Wooded Lot
  • Wood Flooring
  • Front Porch
  • Traditional Architecture
  • Cul-De-Sac
  • 1 Car Attached Garage

About This Home

As of April 2023

This charming, fully renovated home is waiting just for you! With a new roof, hvac system, blinds, flooring, appliances, fresh paint, a finished garage and so much more, it will be easy to make this adorable ranch complete for you to call home! Located in a cul-de-sac sitting on a quarter of an acre. This home offers an open concept floor-plan with vaulted ceilings and large windows that create a light filled interior. The kitchen has newly painted cabinets, with plenty of counter top space and storage. Relax in your owners suite, completed with an en-suite bathroom and a walk-in closet. The extra bedrooms and full bath add nice flex space for your everyday needs. The backyard provides privacy with a row of trees & pines adding to the landscape ready to cater to your entertaining needs. Don’t miss out on this incredible opportunity. Please note that the Refrigerator Does Not Convey and the Washer/Dryer are Negotiable.

Last Agent to Sell the Property

Chasity Allison

Equity North Carolinas Real Estate, LLC License #323122 Listed on: 03/01/2023

Last Buyer's Agent

Marco Costa

Paola Alban Realtors License #136533

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,299

Year Built

  • Built in 1999

Lot Details

  • Cul-De-Sac
  • Cleared Lot
  • Wooded Lot
  • Property is zoned R3

HOA Fees

  • $9 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Insulated Windows
  • Insulated Doors
  • Pull Down Stairs to Attic
  • Laundry Room

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Home Security

  • Storm Doors
  • Carbon Monoxide Detectors

Outdoor Features

  • Patio
  • Front Porch

Schools

  • J.W. Grier Elementary School
  • Northridge Middle School
  • Rocky River High School

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Cable TV Available

Community Details

  • Cedar Lane Farms Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 108-047-09

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,299

Year Built

Built in 1999

Lot Details

0

HOA Fees

$9 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 1999
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Asphalt, Paved
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 242.88
  • Geocode Confidence: High
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Fireplace: No
  • Flooring: Carpet, Tile, Vinyl, Wood
  • Interior Amenities: Attic Stairs Pulldown
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1194
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 125
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 125
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Disposal, Electric Range, Exhaust Fan, Microwave
  • Above Grade Finished Sq Ft: 1194
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Insulated Door(s), Storm Door(s)
  • Living Area: 1194
  • Window Features: Insulated Window(s)
  • Bedroom Main: 3

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Waterfront Features: None
  • Exclusions: Refrigerator: Washer/Dryer Negotiable
  • Construction Type: Brick Partial, Vinyl
  • Patio And Porch Features: Front Porch, Patio

Garage/Parking

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

Utilities

  • Heating: Central
  • Sewer: Public Sewer
  • Laundry Features: Main Level
  • Security: Carbon Monoxide Detector(s)
  • Cooling: Central Air
  • Utilities: Cable Available, Cable Connected, Electricity Connected
  • Water Source: City

Condo/Co-op/Association

  • Association Fee: 110
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • Association Annual Expense: 110.00

Schools

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

Lot Info

  • Lot Features: Cleared, Cul-De-Sac, Wooded
  • Lot Size Units: Acres
  • Parcel Number: 108-047-09
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R3

MLS Schools

  • Elementary School: J.W. Grier
  • High School: Rocky River

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2023
Closed on
Apr 26, 2023
Sold by
Castillo Smeling Martin
Bought by
Castillo Smeling Martin Miche
Seller's Agent
Chasity Allison
Equity North Carolinas Real Estate, LLC
Buyer's Agent
Marco Costa
Paola Alban Realtors
List Price
$300,000
Sold Price
$290,000
Premium/Discount to List
-$10,000
-3.33%
Views
161
Current Estimated Value
$302,579

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,579
Avg. Annual Appreciation
1.71%
Original Mortgage
$284,747
Outstanding Balance
$277,128
Interest Rate
6.6%
Mortgage Type
FHA
Estimated Equity
$25,451

Purchase Details

Listed on
Aug 24, 2017
Closed on
Sep 25, 2017
Sold by
Caldwelkll Jennifer
Bought by
Patterson Tonya
Seller's Agent
Rich Bridwell
RBR LLC
Buyer's Agent
Raina Purvis
Purvis Realty & Associates LLC
List Price
$139,000
Sold Price
$141,000
Premium/Discount to List
$2,000
1.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.85%
Original Mortgage
$138,446
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 3, 2004
Sold by
Hud
Bought by
Caldwell Gregory and Caldwell Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,480
Interest Rate
5.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 9, 2004
Sold by
Wells Fargo Home Mortgage Inc
Bought by
Hud

Purchase Details

Closed on
Dec 9, 2003
Sold by
Sissoko Brenda L and Sissoko Mamoudou
Bought by
Wells Fargo Home Mortgage Inc

Purchase Details

Closed on
Nov 18, 1999
Sold by
The Mulvaney Group Ltd
Bought by
Sissoko Mamoudou and Sissoko Brenda L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,939
Interest Rate
7.94%
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
Castillo Smeling Martin Miche -- None Listed On Document
Castillo Smeling Martin $290,000 None Listed On Document
Patterson Tonya $141,000 None Available
Caldwell Gregory -- --
Hud -- --
Wells Fargo Home Mortgage Inc $126,335 --
Sissoko Mamoudou $108,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Castillo Smeling Martin $284,747
Previous Owner Patterson Tonya $138,446
Previous Owner Caldwell Gregory $64,480
Previous Owner Sissoko Mamoudou $106,939
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/26/2023 04/26/23 Sold $290,000 -3.3% $243 / Sq Ft
03/25/2023 03/25/23 Pending -- -- --
03/01/2023 03/01/23 For Sale $300,000 +112.8% $251 / Sq Ft
10/05/2017 10/05/17 Sold $141,000 +1.4% $119 / Sq Ft View Prior Sale
08/27/2017 08/27/17 Pending -- -- --
08/24/2017 08/24/17 For Sale $139,000 0.0% $117 / Sq Ft
08/07/2014 08/07/14 Rented $950 0.0% --
07/11/2014 07/11/14 Under Contract -- -- --
06/20/2014 06/20/14 For Rent $950 +6.1% --
02/07/2014 02/07/14 Rented $895 -3.2% --
01/08/2014 01/08/14 Under Contract -- -- --
10/01/2013 10/01/13 For Rent $925 +3.4% --
10/24/2012 10/24/12 Rented $895 0.0% --
09/24/2012 09/24/12 Under Contract -- -- --
08/27/2012 08/27/12 For Rent $895 -- --
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 $2,299 $283,400 $60,000 $223,400
2024 $2,299 $283,400 $60,000 $223,400
2023 $2,218 $283,400 $60,000 $223,400
2022 $1,479 $140,300 $30,000 $110,300
2021 $1,468 $140,300 $30,000 $110,300
2020 $1,461 $140,300 $30,000 $110,300
2019 $1,445 $140,300 $30,000 $110,300
2018 $1,408 $101,700 $20,900 $80,800
2017 $1,379 $101,700 $20,900 $80,800
2016 $1,370 $101,700 $20,900 $80,800
2015 $1,358 $101,700 $20,900 $80,800
2014 $1,368 $101,700 $20,900 $80,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4002161

Canopy MLS (Canopy Realtor® Association)

APN: 108-047-09