NOT LISTED FOR SALE

7907 Horse Chestnut Ln Charlotte, NC 28277

Raintree Neighborhood

Estimated Value: $260,000 - $299,126

3 Beds
2 Baths
1,311 Sq Ft
$219/Sq Ft Est. Value

Last Sold August 30, 2022

Last sale price $260,000 $198 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $1,907/month

7 Days on Market

Highlights

  • Glass Enclosed
  • Laundry Room
  • Ceiling Fan
  • Olde Providence Elementary Rated A-
  • Central Heating
  • Wood Siding

About This Home

As of August 2022

Incredible investment opportunity in great location near Arboretum! Tenant occupied through 3/30/2023 @ $1595/MONTH. One-level END UNIT townhome with first-floor entry. This open floor plan has been tastefully upgraded with laminate flooring, stainless steel appliances, new bathrooms, and fresh paint throughout. Enjoy quiet evenings on your front or back patio areas. Easy access to everything!

Last Agent to Sell the Property

Alissa McDonald

EXP Realty LLC Ballantyne License #269751 Listed on: 07/27/2022

EXP Realty LLC Ballantyne

Co-Listed By

Liza Barroso

Pulte Home Corporation License #279231

Last Buyer's Agent

Allison Wilson

Coldwell Banker Realty License #318970

Coldwell Banker Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,025

Year Built

  • Built in 1974

Lot Details

  • 3,049

HOA Fees

  • $179 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Slab Foundation
  • Wood Siding

Interior Spaces

  • 1,311 Sq Ft Home
  • Ceiling Fan
  • Family Room with Fireplace

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Schools

  • South Charlotte Middle School
  • Providence High School

Additional Features

  • Glass Enclosed
  • Central Heating

Community Details

  • The Fairways At Raintree Condos
  • Raintree Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 225-152-43

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,025

Year Built

Built in 1974

Lot Details

0

HOA Fees

$179 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Year Built: 1974
  • Unit Floor Level: 1
  • Road Surface Type: Concrete
  • Structure Type: One Story
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 198.32
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Fireplace: Yes
  • Fixture Exception Yn: 0
  • Sq Ft Additional: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1311
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Porch: Enclosed Patio,Patio
  • Appliances: Ceiling Fan(s), Dishwasher, Electric Dryer Hookup, Electric Range, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Family Room
  • Living Area: 1311
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Half Bathrooms: 0

Exterior Features

  • New Construction: No
  • Tax Location: Charlotte
  • Construction Type: Site Built
  • Construction Type: Wood Siding

Garage/Parking

  • Main Level Garage YN: 0
  • Sq Ft Garage: 0
  • Parking Features: Assigned

Utilities

  • Heating: Central, Gas Hot Air Furnace
  • Sewer: Public Sewer
  • Water Heater: Electric
  • Laundry Features: Main Level, Closet
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 179
  • Association Fee Frequency: Monthly
  • Hoa Subject To Dues: Mandatory
  • Complex Name: The Fairways at Raintree
  • ResoAssociationFeeFrequency: Monthly

Schools

  • Middle Or Junior School: South Charlotte
  • HOA Subject To: Required
  • CAR_YearlyHOAExpense: 2148.00

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 225-152-43
  • Land Included Yn: 1
  • Lot Size: 0
  • Zoning Description: R15PUD
  • ResoLotSizeUnits: Acres

Tax Info

  • RATIO List Price By Tax Amount: 1.56874

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Providence

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2022
Closed on
Aug 30, 2022
Sold by
Urs-Jdjac25 Llc
Bought by
Datey Ameya and Datey Michelle
Seller's Agent
Alissa McDonald
EXP Realty LLC Ballantyne
Buyer's Agent
Allison Wilson
Coldwell Banker Realty
List Price
$249,900
Sold Price
$260,000
Premium/Discount to List
$10,100
4.04%
Current Estimated Value
$286,782

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,782
Avg. Annual Appreciation
3.41%
Original Mortgage
$195,000
Outstanding Balance
$186,931
Interest Rate
5.51%
Mortgage Type
New Conventional
Estimated Equity
$100,742

Purchase Details

Listed on
Mar 8, 2022
Closed on
Feb 25, 2022
Sold by
Marbro Holsings Llc
Bought by
Urs-Jdjac25 Llc
Seller's Agent
Michelle Messick
MECA Realty, LLC
Buyer's Agent
Michelle Messick
MECA Realty, LLC
Sold Price
$1,595

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
3.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 30, 2021
Sold by
Luethye Brandon Scott and Estate Of Jeanette Louise Luct
Bought by
Marbro Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
3.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 7, 2016
Sold by
Luethye Jeanette Schenck and Luethye Jeanette Louise
Bought by
Luethye Jeanette Schenck

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,375
Interest Rate
3.48%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 2, 1992
Bought by
Luethye Jeanette Louise
Source: Public Records

Range of Values:

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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
Datey Ameya $260,000 --
Urs-Jdjac25 Llc $230,000 Hankin & Pack Pllc
Marbro Holdings Llc $155,000 None Available
Luethye Jeanette Schenck -- First American Title Ins Co
Luethye Jeanette Louise $44,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Datey Ameya $195,000
Previous Owner Urs-Jdjac25 Llc $184,000
Previous Owner Luethye Jeanette Schenck $80,375
Previous Owner Luethye Jeanette Louise $81,400
Previous Owner Louis Jeanette $61,385
Previous Owner Luethye Jeanette Louise $79,000
Previous Owner Luethye Jeanette Louise $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2022 08/30/22 Sold $260,000 +4.0% $198 / Sq Ft
08/03/2022 08/03/22 Pending -- -- --
07/29/2022 07/29/22 For Sale $249,900 -3.9% $191 / Sq Ft
07/27/2022 07/27/22 Off Market $260,000 -- --
07/27/2022 07/27/22 For Sale $249,900 0.0% $191 / Sq Ft
03/17/2022 03/17/22 Rented $1,595 0.0% --
03/08/2022 03/08/22 For Rent $1,595 -- --
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
2024 $2,025 $247,100 $55,000 $192,100
2023 $1,952 $247,100 $55,000 $192,100
2022 $1,663 $159,300 $55,000 $104,300
2021 $1,652 $159,300 $55,000 $104,300
2020 $1,644 $159,300 $55,000 $104,300
2019 $1,629 $159,300 $55,000 $104,300
2018 $1,385 $100,000 $22,500 $77,500
2017 $1,357 $100,000 $22,500 $77,500
2016 $1,348 $100,000 $22,500 $77,500
2015 $1,336 $100,000 $22,500 $77,500
2014 $1,323 $100,000 $22,500 $77,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3885523

Canopy MLS (Canopy Realtor® Association)

APN: 225-152-43