NOT LISTED FOR SALE

7529 Red Oak Ln Unit 25 Charlotte, NC 28226

Carmel Neighborhood

Estimated Value: $429,000 - $475,000

3 Beds
2.5 Baths
2,065 Sq Ft
$350/mo HOA Fee

Last Sold April 29, 2019

Last sale price $299,000 $145 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $2,929/month

169 Days on Market

Highlights

  • Open Floorplan
  • Clubhouse
  • Wood Flooring
  • Beverly Woods Elementary Rated A-
  • Traditional Architecture
  • Lawn

About This Home

As of April 2019

Spectacular high end renovation from top to bottom, nothing was untouched! Open floor plan, new wood flooring throughout downstairs, gorgeous wood staircase and railings, lovely moldings, renovated wood burning fireplace/surround. FULL kitchen renovation, top of the line cabinets, beautiful quartz countertops, entertainer's island, stainless steel appliances. The upstairs features fully renovated baths with quartz vanities, custom tilework, brand new carpet, all new fixtures and hardware, beautiful custom wood shelved closets. Brand new HVAC and water heater, all new windows. Outside painted in 2018, new landscape installed, HVAC and trash cans screened. Storage galore in spacious closets, pull down attic and storage room space. Sophistication of design at this price point is a rare commodity. Community features clubhouse and pool, HOA fees cover cable services and water/sewer,. Walk to grocery, convenient to Southpark, Ballantyne, uptown, airport and interstates. A GEM!

Last Agent to Sell the Property

Lisa Warren

COMPASS License #274814 Listed on: 10/11/2018

COMPASS

Last Buyer's Agent

Anja Zimmerman

COMPASS License #183331

COMPASS

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1979

Lot Details

  • 1,742

HOA Fees

  • $350 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Slab Foundation

Interior Spaces

  • Open Floorplan
  • Wood Burning Fireplace
  • Insulated Windows
  • Storage Room
  • Wood Flooring
  • Pull Down Stairs to Attic
  • Kitchen Island

Bedrooms and Bathrooms

  • Walk-In Closet

Additional Features

  • Lawn
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 209-273-46

Community Details

Overview

  • Cam Association, Phone Number (704) 565-5009

Amenities

  • Clubhouse

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Year Built

Built in 1979

Lot Details

0

HOA Fees

$350 per month

Listing Details

  • Property Type: Condo/Townhouse
  • Property Sub Type: 2 Story
  • Architectural Style: Traditional
  • Ratio Close Price By List Price: 0.92000
  • Ratio Close Price By Original Li: 0.85453
  • Ratio Current Price By Acre: 7475000.00
  • Ratio Current Price By Sq Ft: 144.79
  • Unit Floor Level: 1
  • Year Built: 1979
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 1008
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Doors and Windows: g-Insulated Door(s), Insulated Windows
  • Entry Level: Main
  • Equipment: Ceiling Fan(s), Cooktop Electric, Disposal, Dishwasher, Electric Dryer Hookup, Electric Range, Exhaust Fan, Microwave, Network Ready, Refrigerator, Freezer, Electric Oven
  • Fireplace Description: Great Room, Wood Burning
  • Fireplace: Yes
  • Flooring: Wood
  • H O A Management Phone: 704-565-5009
  • Interior Amenities: Attic Stairs Pulldown, Cable Available, Kitchen Island, Open Floorplan, Pantry, Storage Unit, Walk-In Closet(s)
  • Laundry Location: Main
  • Room Count: 2
  • Main Level Sq Ft: 1057
  • Total Sq Ft: 2065
  • Sq Ft Unheated Main: 36
  • Sq Ft Unheated Total: 36

Exterior Features

  • Construction: Brick Full, Hardboard Siding
  • Construction Type: Site Built
  • Exterior Features: Lawn Maintenance

Garage/Parking

  • Driveway: Asphalt
  • Parking: Assigned Parking Space - 2

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Club House, Outdoor Pool, Sidewalk
  • Association Fee: 350.00
  • Association Fee Frequency: Monthly
  • Complex Name: Carmel Hollow
  • HOA Management Company: CAM
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Beverly Woods
  • Middle School: Carmel
  • High School: South Mecklenburg

Lot Info

  • Land Included Yn: Yes
  • Lot Size Area: 0.040
  • Parcel Number: 209-273-46
  • Zoning Specification: R20MF

Tax Info

  • Tax Value: 226400.00
  • Tax Location: Charlotte

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2018
Closed on
Apr 29, 2019
Sold by
Babb James Greer and Babb Mary Lou
Bought by
Pruitt Michael D and Pruitt Mary S
Seller's Agent
Lisa Warren
COMPASS
Buyer's Agent
Anja Zimmerman
COMPASS
List Price
$325,000
Sold Price
$299,000
Premium/Discount to List
-$26,000
-8%
Current Estimated Value
$443,590

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,590
Avg. Annual Appreciation
6.27%
Original Mortgage
$269,100
Outstanding Balance
$176,088
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$267,502

Purchase Details

Closed on
Sep 27, 2017
Sold by
Brown Deborah R and Dekemper Cynthia Brown
Bought by
Babb James Greer and Babb Mary Lou

Purchase Details

Closed on
Feb 13, 1980
Bought by
Brown Bill H
Source: Public Records

Range of Values:

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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
Pruitt Michael D $299,000 None Available
Babb James Greer $180,000 None Available
Brown Bill H $78,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pruitt Michael D $269,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/29/2019 04/29/19 Sold $299,000 -8.0% $145 / Sq Ft
03/29/2019 03/29/19 Pending -- -- --
03/11/2019 03/11/19 Price Changed $325,000 0.0% $157 / Sq Ft
03/11/2019 03/11/19 For Sale $325,000 -4.4% $157 / Sq Ft
02/13/2019 02/13/19 Pending -- -- --
01/30/2019 01/30/19 Price Changed $339,900 -1.4% $165 / Sq Ft
11/16/2018 11/16/18 Price Changed $344,900 -1.4% $167 / Sq Ft
10/11/2018 10/11/18 For Sale $349,900 -- $169 / Sq Ft
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 $2,802 $349,800 $70,000 $279,800
2024 $2,802 $349,800 $70,000 $279,800
2023 $2,705 $349,800 $70,000 $279,800
2022 $2,364 $232,000 $50,000 $182,000
2021 $2,349 $231,600 $50,000 $181,600
2020 $2,292 $226,400 $50,000 $176,400
2019 $2,276 $226,400 $50,000 $176,400
2018 $2,540 $188,000 $40,000 $148,000
2017 $1,280 $188,000 $40,000 $148,000
2016 $1,270 $188,000 $40,000 $148,000
2015 $1,259 $188,000 $40,000 $148,000
2014 $1,246 $203,000 $55,000 $148,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3441896

Canopy MLS (Canopy Realtor® Association)

APN: 209-273-46