NOT LISTED FOR SALE

7550 Petrea Ln Charlotte, NC 28227

Hickory Ridge Neighborhood

Estimated Value: $214,000 - $258,000

3 Beds
2 Baths
1,360 Sq Ft
$178/Sq Ft Est. Value

About This Home

This home is located at 7550 Petrea Ln, Charlotte, NC 28227 and is currently estimated at $242,312, approximately $178 per square foot. 7550 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
Apr 27, 2010
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Clay Teresa
Current Estimated Value
$242,312

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,300
Outstanding Balance
$34,008
Interest Rate
4.75%
Mortgage Type
New Conventional
Estimated Equity
$208,304

Purchase Details

Closed on
Dec 29, 2009
Sold by
Tsai Chin Feng
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Apr 7, 2008
Sold by
Ma Wey Shiun
Bought by
Tsai Chin Feng

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,400
Interest Rate
6.03%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 24, 1999
Sold by
Portrait Homes Construction Co
Bought by
Tsai Chin Feng and Ma Wey Shiun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,900
Interest Rate
7.13%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Clay Teresa -- Chicago Title Insurance Co
Federal Home Loan Mortgage Corporation $56,308 None Available
Tsai Chin Feng -- None Available
Tsai Chin Feng $97,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clay Teresa $30,000
Open Clay Teresa $51,300
Previous Owner Tsai Chin Feng $78,400
Previous Owner Tsai Chin Feng $47,700
Previous Owner Tsai Chin Feng $78,500
Previous Owner Tsai Chin $31,000
Previous Owner Tsai Chin Feng $77,900
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 $1,840 $236,500 $70,000 $166,500
2023 $1,143 $236,500 $70,000 $166,500
2022 $1,182 $118,400 $25,000 $93,400
2021 $1,182 $118,400 $25,000 $93,400
2020 $1,182 $118,400 $25,000 $93,400
2019 $1,176 $118,400 $25,000 $93,400
2018 $708 $51,900 $4,900 $47,000
2017 $696 $51,900 $4,900 $47,000
2016 $692 $51,900 $4,900 $47,000
2015 $689 $51,900 $4,900 $47,000
2014 $706 $58,300 $5,600 $52,700
Source: Public Records

Map

North Carolina Mecklenburg County Charlotte 28227 Hickory Ridge

7550 Petrea Ln, Charlotte, NC

This home is located at 7550 Petrea Ln, Charlotte, NC 28227 and is currently estimated at $242,312, approximately $178 per square foot. 7550 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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