NOT LISTED FOR SALE

7531 Petrea Ln Charlotte, NC 28227

Hickory Ridge Neighborhood

Estimated Value: $218,000 - $259,000

3 Beds
2 Baths
1,360 Sq Ft
$180/Sq Ft Est. Value

About This Home

This home is located at 7531 Petrea Ln, Charlotte, NC 28227 and is currently estimated at $244,334, approximately $179 per square foot. 7531 Petrea Ln is a home located in Mecklenburg County with nearby schools including Hickory Grove Elementary School, Cochrane Collegiate Academy, and Garinger High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 31, 2024
Sold by
Covington Sandra D and Covington Anthony Eugene
Bought by
Mike Kio Property Solutions Llc
Current Estimated Value
$244,334

Purchase Details

Closed on
Mar 25, 2008
Sold by
Sanders William S and Sanders Dorothy M
Bought by
Covington Sandra D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,500
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 25, 2000
Sold by
Portrait Homes Construction Co
Bought by
Sanders William S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,609
Interest Rate
8.21%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

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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
Mike Kio Property Solutions Llc $146,000 None Listed On Document
Covington Sandra D $99,500 None Available
Sanders William S $106,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mike Kio Property Solutions $159,600
Previous Owner Covington Sandra D $97,900
Previous Owner Covington Sandra D $99,500
Previous Owner Sanders William S $104,300
Previous Owner Sanders William S $105,609
Source: Public Records

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
2024 -- $237,300 $70,000 $167,300
2023 $1,785 $237,300 $70,000 $167,300
2022 $1,198 $120,000 $25,000 $95,000
2021 $1,198 $120,000 $25,000 $95,000
2020 $1,198 $120,000 $25,000 $95,000
2019 $1,192 $120,000 $25,000 $95,000
2018 $714 $52,300 $4,900 $47,400
2017 $701 $52,300 $4,900 $47,400
2016 $697 $52,300 $4,900 $47,400
2015 $694 $52,300 $4,900 $47,400
2014 $711 $58,700 $5,600 $53,100
Source: Public Records

Map

North Carolina Mecklenburg County Charlotte 28227 Hickory Ridge

7531 Petrea Ln, Charlotte, NC

This home is located at 7531 Petrea Ln, Charlotte, NC 28227 and is currently estimated at $244,334, approximately $179 per square foot. 7531 Petrea Ln is a home located in Mecklenburg County with nearby schools including Hickory Grove Elementary School, Cochrane Collegiate Academy, and Garinger High School.

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