NOT LISTED FOR SALE

7915 Horse Chestnut Ln Charlotte, NC 28277

Raintree Neighborhood

Estimated Value: $264,000 - $305,000

3 Beds
2 Baths
1,320 Sq Ft
$175/mo HOA Fee

Last Sold January 22, 2021

Last sale price $207,500 $157 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $1,937/month

4 Days on Market

Highlights

  • Golf Course Community
  • Pond
  • Lawn
  • Olde Providence Elementary Rated A-
  • Corner Lot
  • Tennis Courts

About This Home

As of January 2021

***Multiple offers received**** Requesting highest and best before EOD 12/20. Final decision to be made on 12/21 around noon. Investor buy and hold special. A totally updated property. Brand new HVAC system, New Kitchen Countertops, Updated Bathrooms, Updated Pergola, Brand New flooring in majority of the house, Freshly painted. New lighting, new light fixtures, and brand new switches. On top of it this property is located in top school district of Charlotte. If it is not enough then yes you can WALK to Arboretum. 5 minute walk to be in Walmart or other grocery store, Walk to Bar & Good Restaurants, Banks, Shopping, Public Transport etc...Please see pictures attached. Any family would love to live here. This is an excellent area. The Return on investment is on up north of 11% with 20% down and 3.5% API. Yes please do the maths to be sure.

Last Agent to Sell the Property

Rajan Nanda

Carolina Construction and Realtors Inc. License #285093 Listed on: 12/17/2020

Last Buyer's Agent

Beth Curley

NextHome Paramount License #56931

NextHome Paramount

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1974

Lot Details

  • 3,485

HOA Fees

Interior Spaces

  • 2 Full Bathrooms
  • Fireplace
  • Linoleum Flooring

Additional Features

  • Pond
  • Lawn

Listing and Financial Details

  • Assessor Parcel Number 225-152-39

Community Details

Overview

  • Csi Fairway Townhomes Association, Phone Number (704) 892-1660

Recreation

  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities
  • Community Playground
  • Trails

Property Details

Home Type

Condominium

Year Built

Built in 1974

Lot Details

0

HOA Fees

$175 per month

Listing Details

  • Property Type: Condo/Townhouse
  • Property Sub Type: 1 Story
  • Construction Status: Complete
  • Ratio Close Price By List Price: 1.01220
  • Ratio Close Price By Original Li: 1.01220
  • Ratio Current Price By Sq Ft: 157.20
  • Unit Floor Level: 1
  • Year Built: 1974
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Concrete
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Entry Level: Main
  • Equipment: Cooktop Electric, Dishwasher, Exhaust Fan, Microwave, Refrigerator
  • Fireplace Description: FAMILYRM
  • Fireplace: Yes
  • Flooring: Linoleum
  • H O A Management Phone: 7048921660
  • Interior Amenities: Pantry
  • Laundry Location: Main
  • Room Count: 1
  • Sq Ft Additional: 48
  • Main Level Sq Ft: 1320
  • Total Sq Ft: 1320

Exterior Features

  • Construction: Wood
  • Construction Type: Site Built
  • Exterior Features: Lawn Maintenance

Garage/Parking

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

Utilities

  • Heating: Central Air
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Community Features: Golf Course, Playground, Pond, Recreation Area, Street Lights, Tennis Court(s), Walking Trails
  • Association Fee: 155.00
  • Association Fee Frequency: Monthly
  • Complex Name: Fairway Townes
  • HOA Management Company: CSI-Fairway Townhomes
  • Hoa Subject To Dues: Mandatory
  • Association #2 Fee: 243.75
  • Association #2 Fee Frequency: Annually

Schools

  • Elementary School: Olde Providence
  • Middle School: South Charlotte
  • High School: Providence

Lot Info

  • Land Included Yn: Yes
  • Lot Features: Corner Lot
  • Parcel Number: 225-152-39
  • Zoning Specification: R15PUD

Tax Info

  • Tax Value: 160200.00
  • Tax Location: Charlotte

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 17, 2020
Closed on
Jan 22, 2021
Sold by
Carolina Construction & Realtors Inc
Bought by
Walker Scott Andrew
Seller's Agent
Rajan Nanda
Carolina Construction and Realtors Inc.
Buyer's Agent
Beth Curley
NextHome Paramount
List Price
$205,000
Sold Price
$207,500
Premium/Discount to List
$2,500
1.22%
Current Estimated Value
$292,610

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,110
Avg. Annual Appreciation
8.08%
Original Mortgage
$181,800
Outstanding Balance
$167,281
Interest Rate
3.87%
Mortgage Type
New Conventional
Estimated Equity
$128,938

Purchase Details

Listed on
Oct 16, 2020
Closed on
Nov 4, 2020
Sold by
Chishoim Catherine A
Bought by
Carolina Construction And Realtors Inc
Seller's Agent
Joel Bennett
COMPASS
Buyer's Agent
Rajan Nanda
Carolina Construction and Realtors Inc.
List Price
$170,000
Sold Price
$165,000
Premium/Discount to List
-$5,000
-2.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
197.83%

Purchase Details

Closed on
Dec 27, 2012
Sold by
Posey Margaret C
Bought by
Chisholm Catherine A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,732
Interest Rate
3.38%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 18, 1987
Bought by
Posey Margaret C
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
Walker Scott Andrew $207,500 Tryon Title Agency Llc
Carolina Construction And Realtors Inc $165,000 Tryon Title Agency Llc
Chisholm Catherine A $107,500 None Available
Posey Margaret C $59,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walker Scott Andrew $80,000
Closed Walker Scott Andrew $45,000
Open Walker Scott Andrew $181,800
Previous Owner Chisholm Catherine A $100,732
Previous Owner Posey Margaret C $28,000
Previous Owner Posey Margaret C $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/22/2021 01/22/21 Sold $207,500 +1.2% $157 / Sq Ft
12/21/2020 12/21/20 Pending -- -- --
12/17/2020 12/17/20 For Sale $205,000 +24.2% $155 / Sq Ft
11/06/2020 11/06/20 Sold $165,000 -2.9% $125 / Sq Ft
10/18/2020 10/18/20 Pending -- -- --
10/16/2020 10/16/20 For Sale $170,000 -- $129 / 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
2024 $2,010 $245,200 $55,000 $190,200
2023 $1,938 $245,200 $55,000 $190,200
2022 $1,671 $160,200 $55,000 $105,200
2021 $1,660 $160,200 $55,000 $105,200
2020 $1,653 $160,200 $55,000 $105,200
2019 $1,637 $160,200 $55,000 $105,200
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: CAR3690169

Canopy MLS (Canopy Realtor® Association)

APN: 225-152-39