NOT LISTED FOR SALE

7501 Wallace Ln Charlotte, NC 28212

Idlewild South Neighborhood

Estimated Value: $342,512 - $377,000

3 Beds
2.5 Baths
1,839 Sq Ft
$196/Sq Ft Est. Value

Sale Details

Date Sold: October 1, 2019

Last sale price $212,500 $116 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $2,140 / mo

8 Days on Market

Highlights

  • Transitional Architecture
  • Walk-In Closet
  • Kitchen Island
  • Attached Garage
  • Breakfast Bar
  • Carpet

About This Home

As of October 2019

Adorable 3 bedroom home with loft! 3 bedrooms, 2 1/2 baths,kitchen with large center island & bar area, raised panel oak cabinets, granite counters, tile backsplash, all kitchen appliances remain, new laminate flooring on entire 1st floor (Aug 2019), gas fireplace in the great room, 1 car garage, storage shed, covered back porch & gazebo in the back. A must see!

Last Agent to Sell the Property

Brian Belcher

RE/MAX Executive License #224195 Listed on: 08/21/2019

RE/MAX Executive

Last Buyer's Agent

Lucy Rojas

NorthGroup Real Estate LLC License #217175

NorthGroup Real Estate LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2005

Lot Details

  • Lot Dimensions are 41x100x41x99

HOA Fees

  • $15 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Transitional Architecture
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Gas Log Fireplace

Kitchen

  • Breakfast Bar
  • Kitchen Island

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • Walk-In Closet

Community Details

  • Thompson Brooks Association

Listing and Financial Details

  • Assessor Parcel Number 165-074-49

Home Details

Home Type

Single Family

Year Built

Built in 2005

Lot Details

4,356 Sq Ft Lot

HOA Fees

$15 per month

Parking

1

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Architectural Style: Transitional
  • Ratio Close Price By List Price: 0.98837
  • Ratio Close Price By Original Li: 0.98837
  • Ratio Current Price By Acre: 2125000.00
  • Ratio Current Price By Sq Ft: 115.55
  • Year Built: 2005
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 1058
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Equipment: Ceiling Fan(s), Cable Prewire, Electric Range, Microwave, Refrigerator, Natural Gas, Electric Oven
  • Fireplace Description: Gas Logs, Great Room, Natural Gas
  • Fireplace: Yes
  • Fixture Exception Description: Any security camera items
  • Fixture Exception Yn: Yes
  • Flooring: Carpet, Laminate Wood, Vinyl
  • Interior Amenities: Breakfast Bar, Kitchen Island, Walk-In Closet(s)
  • Laundry Location: Upper
  • Room Count: 2
  • Main Level Sq Ft: 781
  • Total Sq Ft: 1839

Exterior Features

  • Construction: Brick Partial, Stone Veneer, Vinyl
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Community Features: Sidewalk, Street Lights
  • Association Fee: 180.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Thompson Brooks
  • Hoa Subject To Dues: Mandatory

Lot Info

  • Lot Dimension: 41x100x41x99
  • Parcel Number: 165-074-49
  • Plat Reference Section Pages: 604
  • Zoning Specification: R6CD

Tax Info

  • Tax Value: 186000.00
  • Tax Location: Charlotte

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2019
Closed on
Oct 1, 2019
Sold by
Calderon Roberto and Calderon Luz Miriam
Bought by
Loreto Nelson Y and Loreto Luz M
Seller's Agent
Brian Belcher
RE/MAX Executive
Buyer's Agent
Lucy Rojas
NorthGroup Real Estate LLC
List Price
$215,000
Sold Price
$212,500
Premium/Discount to List
-$2,500
-1.16%
Current Estimated Value
$361,128

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,628
Avg. Annual Appreciation
8.43%
Original Mortgage
$199,201
Outstanding Balance
$174,866
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$186,262

Purchase Details

Listed on
Aug 21, 2019
Closed on
Sep 27, 2019
Sold by
Odin New Horizon Real Estate Fund Lp
Bought by
Calderon Roberto and Calderon Luz Miriam
Seller's Agent
Brian Belcher
RE/MAX Executive
Buyer's Agent
Lucy Rojas
NorthGroup Real Estate LLC
List Price
$215,000
Sold Price
$212,500
Premium/Discount to List
-$2,500
-1.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,201
Outstanding Balance
$174,866
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$186,262

Purchase Details

Closed on
Nov 21, 2005
Sold by
Kb Home Charlotte Llc
Bought by
Calderon Roberto and Calderon Luz Miriam
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Loreto Nelson Y $213,000 None Available
Calderon Roberto -- None Available
Calderon Roberto $139,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Loreto Nelson Y $199,201
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/01/2019 10/01/19 Sold $212,500 -1.2% $116 / Sq Ft
08/29/2019 08/29/19 Pending -- -- --
08/21/2019 08/21/19 For Sale $215,000 -- $117 / 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 $2,504 $310,400 $65,000 $245,400
2024 $2,504 $310,400 $65,000 $245,400
2023 $2,416 $310,400 $65,000 $245,400
2022 $1,920 $186,000 $20,000 $166,000
2021 $1,909 $186,000 $20,000 $166,000
2020 $1,902 $186,000 $20,000 $166,000
2019 $1,886 $186,000 $20,000 $166,000
2018 $1,793 $131,100 $16,200 $114,900
2017 $1,760 $131,100 $16,200 $114,900
2016 $1,750 $131,100 $16,200 $114,900
2015 $1,739 $131,100 $16,200 $114,900
2014 $1,885 $141,900 $27,000 $114,900
Source: Public Records

Agents Affiliated with this Home

  • Brian Belcher

    Seller's Agent in 2019

    Brian Belcher

    RE/MAX Executives Charlotte, NC

    (704) 287-3868

    1 in this area

    294 Total Sales

    Brian Belcher
    Section Image
  • Lucy Rojas

    Buyer's Agent in 2019

    Lucy Rojas

    NorthGroup Real Estate LLC

    (704) 506-7978

    124 Total Sales

    Lucy Rojas
    Section Image
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Map

Source: Canopy MLS

MLS Number: CAR3538694

Canopy MLS

APN: 165-074-49

North Carolina Mecklenburg County Charlotte 28212 Idlewild South

7501 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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