NOT LISTED FOR SALE

7940 Shady Oak Trail Unit 222 Charlotte, NC 28210

Starmount Forest Neighborhood

Estimated Value: $147,000 - $166,219

3 Beds
2.5 Baths
1,270 Sq Ft
$220/mo HOA Fee

Last Sold October 26, 2021

Last sale price $133,000 $105 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $1,214/month

19 Days on Market

Highlights

  • Traditional Architecture
  • Lawn
  • Vinyl Flooring
  • South Mecklenburg High School Rated A-

About This Home

As of October 2021

Two story condo in Quail Run. 3 Bedrooms, 2.1 Baths, Spacious floorplan, large private enclosed patio. Convenient location with easy access to Light Rail, public transportation, shopping and restaurants. Great investment property. Current tenant pays $1184 per month, and lease runs through 5/31/2022.

Last Agent to Sell the Property

Sarah Kennerly

Cottingham Chalk License #81208 Listed on: 09/08/2021

Cottingham Chalk

Last Buyer's Agent

Alex Salazar

SA Carolinas Realty Inc License #291742

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1973

Lot Details

  • 8

HOA Fees

  • $220 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Vinyl Siding

Additional Features

  • Vinyl Flooring
  • Lawn

Community Details

  • Quail Run HOA, Phone Number (704) 644-8808

Listing and Financial Details

  • Assessor Parcel Number 173-314-16

Property Details

Home Type

Condominium

Year Built

Built in 1973

Lot Details

0

HOA Fees

$220 per month

Listing Details

  • Property Type: Condo/Townhouse
  • Property Sub Type: 2 Story
  • Architectural Style: Traditional
  • Ratio Close Price By List Price: 0.94326
  • Ratio Close Price By Original Li: 0.94326
  • Ratio Current Price By Sq Ft: 104.72
  • Unit Floor Level: 1
  • Year Built: 1973
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 653
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Entry Level: Main
  • Equipment: Dishwasher, Electric Oven, Exhaust Hood, Refrigerator
  • Flooring: Carpet, Vinyl
  • H O A Management Phone: 704-644-8808
  • Laundry Location: Main, Laundry Room
  • Room Count: 2
  • Main Level Sq Ft: 617
  • Total Sq Ft: 1270

Exterior Features

  • Construction: Aluminum, Vinyl
  • Construction Type: Site Built
  • Exterior Features: Lawn Maintenance

Garage/Parking

  • Parking: Lot

Utilities

  • Heating: Central Air, Electric Hot Air
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee: 219.73
  • Association Fee Frequency: Monthly
  • Complex Name: Quail Run
  • HOA Management Company: Quail Run HOA
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Parcel Number: 173-314-16
  • Zoning Specification: R17MF

Tax Info

  • Tax Value: 55600.00
  • Tax Location: Charlotte

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 24, 2022
Sold by
Mudra Yogeskumar
Bought by
Patel Maheshdhai D and Patel Hansaben M
Current Estimated Value
$163,620

Purchase Details

Listed on
Sep 8, 2021
Closed on
Oct 25, 2021
Sold by
Brr Quail Run Llc
Bought by
Megas Property Llc
Seller's Agent
Sarah Kennerly
Cottingham Chalk
Buyer's Agent
Alex Salazar
SA Carolinas Realty Inc
List Price
$141,000
Sold Price
$133,000
Premium/Discount to List
-$8,000
-5.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.96%

Purchase Details

Closed on
Dec 1, 2014
Sold by
Branch Banking And Trust Co
Bought by
Buffalo River Realty Llc

Purchase Details

Closed on
Jul 14, 2014
Sold by
Mehta Rameshchandra and Mehta Daljitkaur R
Bought by
Shapiro & Ingle Llp

Purchase Details

Closed on
Dec 22, 1999
Sold by
Patel Kalpin and Patel Vandana
Bought by
Mehta Rameshchandra J and Mehta Daljitkaur R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,560
Interest Rate
7.67%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 2, 1998
Sold by
Fuller Roger L and Fuller Judith E
Bought by
Patel Kalpin and Patel Vandana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,000
Interest Rate
6.77%
Mortgage Type
Purchase Money Mortgage
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
Patel Maheshdhai D -- Vongxay Tani
Megas Property Llc $133,000 None Available
Buffalo River Realty Llc $35,000 None Available
Shapiro & Ingle Llp $23,580 None Available
Mehta Rameshchandra J $64,000 --
Patel Kalpin $58,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mehta Rameshchandra J $365,000
Previous Owner Mehta Rameshchandra J $150,000
Previous Owner Mehta Rameshchandra $20,000
Previous Owner Mehta Rameshchandra $51,200
Previous Owner Mehta Rameshchandra J $62,560
Previous Owner Patel Kalpin $57,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2021 10/26/21 Sold $133,000 -5.7% $105 / Sq Ft
09/27/2021 09/27/21 Pending -- -- --
09/08/2021 09/08/21 For Sale $141,000 -- $111 / 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
2023 $1,175 $141,246 $0 $141,246
2022 $537 $55,600 $0 $55,600
2021 $651 $55,600 $0 $55,600
2020 $644 $55,600 $0 $55,600
2019 $628 $55,600 $0 $55,600
2018 $447 $28,500 $7,500 $21,000
2017 $432 $28,500 $7,500 $21,000
2016 $422 $28,500 $7,500 $21,000
2015 $411 $28,500 $7,500 $21,000
2014 -- $28,500 $7,500 $21,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3781650

Canopy MLS (Canopy Realtor® Association)

APN: 173-314-16