7857 Petrea Ln Charlotte, NC 28227
Hickory Ridge Neighborhood
2
Beds
2.5
Baths
1,304
Sq Ft
$202/mo
HOA Fee
About This Home
As of August 2025Opportunity knocks at 7857 Petrea Ln! This 2-bedroom, 2.5-bath home is ready for your vision and updates. Located in a desirable Charlotte area, this property offers a solid structure and a functional floor plan—just waiting for cosmetic improvements to bring it back to life. Perfect for a fix-and-flip, rental portfolio, or a buyer looking to build instant equity with a renovation. Great potential throughout and new roof just installed by the HOA. Homes in this area are selling quickly—don’t miss your chance to transform this diamond in the rough!
Last Agent to Sell the Property
Carolina Platinum Realty LLC Brokerage Email: kayleelynch17@gmail.com License #332372 Listed on: 06/26/2025
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $1,729
Year Built
- Built in 1999
HOA Fees
- $202 Monthly HOA Fees
Parking
- Assigned Parking
Home Design
- Brick Exterior Construction
- Slab Foundation
- Vinyl Siding
Interior Spaces
- 1,304 Sq Ft Home
- 2-Story Property
- Fireplace
- Electric Range
Bedrooms and Bathrooms
- 2 Bedrooms
Utilities
- Central Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 109-152-75
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 27, 2018
Closed on
Feb 15, 2019
Sold by
Brooks Tyler and Brooks Nadege
Bought by
James Terri A
Seller's Agent
Haven Fogarty
Rosem Capital Realty LLC
Buyer's Agent
Michael Jones
Allen Tate Charlotte South
List Price
$125,000
Sold Price
$120,000
Premium/Discount to List
-$5,000
-4%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.44%
Original Mortgage
$100,455
Outstanding Balance
$88,495
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$91,947
Purchase Details
Closed on
Sep 14, 2007
Sold by
Hud
Bought by
Brooks Tyler
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,850
Interest Rate
6.55%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 8, 2007
Sold by
Wells Fargo Bank Na
Bought by
Hud
Purchase Details
Closed on
Mar 12, 2007
Sold by
Barnes Tracee and Barnes Davon
Bought by
Wells Fargo Bank Na
Purchase Details
Closed on
Dec 19, 2000
Sold by
Portrait Homes Construction Co
Bought by
Barnes Daron R and Barnes Tracee G
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,400
Interest Rate
7.72%
Mortgage Type
FHA
Similar Homes in Charlotte, NC
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $120,000 | None Available | |
| Special Warranty Deed | -- | None Available | |
| Special Warranty Deed | -- | None Available | |
| Trustee Deed | $107,683 | None Available | |
| Warranty Deed | $101,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $100,455 | New Conventional | |
| Closed | $8,500 | Unknown | |
| Closed | $15,000 | New Conventional | |
| Previous Owner | $78,850 | Purchase Money Mortgage | |
| Previous Owner | $100,938 | FHA | |
| Previous Owner | $100,650 | FHA | |
| Previous Owner | $100,400 | FHA |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/15/2025 08/15/25 | Sold | $180,000 | 0.0% | $138 / Sq Ft |
| 07/07/2025 07/07/25 | Pending | -- | -- | -- |
| 06/26/2025 06/26/25 | For Sale | $180,000 | +50.0% | $138 / Sq Ft |
| 02/15/2019 02/15/19 | Sold | $120,000 | 0.0% | $92 / Sq Ft |
| 10/22/2018 10/22/18 | Pending | -- | -- | -- |
| 10/08/2018 10/08/18 | Price Changed | $120,000 | -4.0% | $92 / Sq Ft |
| 08/27/2018 08/27/18 | For Sale | $125,000 | 0.0% | $96 / Sq Ft |
| 04/27/2012 04/27/12 | Rented | $750 | 0.0% | -- |
| 04/27/2012 04/27/12 | For Rent | $750 | -- | -- |
Source: Canopy MLS (Canopy Realtor® Association)
Tax History Compared to Growth
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 | $1,729 | $221,800 | $50,000 | $171,800 |
| 2023 | $1,729 | $221,800 | $50,000 | $171,800 |
| 2022 | $1,108 | $110,700 | $15,000 | $95,700 |
| 2021 | $1,108 | $110,700 | $15,000 | $95,700 |
| 2020 | $1,108 | $110,700 | $15,000 | $95,700 |
| 2019 | $1,102 | $110,700 | $15,000 | $95,700 |
| 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 | $58,800 | $5,600 | $53,200 |
Source: Public Records
Agents Affiliated with this Home
-
Kaylee Lynch
K
Seller's Agent in 2025
Kaylee Lynch
Carolina Platinum Realty LLC
(704) 201-0381
2 in this area
55 Total Sales
-
Rhonda Williams
Buyer's Agent in 2025
Rhonda Williams
NorthGroup Real Estate LLC
(803) 804-5178
1 in this area
12 Total Sales
-
Haven Fogarty
H
Seller's Agent in 2019
Haven Fogarty
Rosem Capital Realty LLC
(704) 213-5155
24 Total Sales
-
Michael Jones
Buyer's Agent in 2019
Michael Jones
Allen Tate Realtors
(980) 722-9063
33 Total Sales
-
M
Seller's Agent in 2012
Matthew Tringali
Group 15 Real Estate
Map
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: 4275099
APN: 109-152-75
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