NOT LISTED FOR SALE

7950 Shady Oak Trail Unit 213 Charlotte, NC 28210

Starmount Forest Neighborhood

Estimated Value: $149,000 - $174,667

3 Beds
2.5 Baths
1,297 Sq Ft
$220/mo HOA Fee

Last Sold May 27, 2022

Last sale price $140,000 $108 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $1,217/month

75 Days on Market

Highlights

  • Traditional Architecture
  • Lawn
  • Laundry Room
  • South Mecklenburg High School Rated A-
  • Glass Enclosed
  • Tile Flooring

About This Home

As of May 2022

Great investment property in convenient Quail Run. 3 bedroom, 2.5 bath townhouse style condo in desirable location. View of the lovely lake from the back yard and patio. Private fenced patio with storage closet. Nice tile and carpet throughout. Current rent is $1275 per month and lease is going to be renewed (will be at least $1300). These condos are non-warrantable per FNMA and Freddie Mac due to the tenant vs occupancy ratio...Buyer and Buyer agent to confirm with Lender.

Last Agent to Sell the Property

Sarah Kennerly

Cottingham Chalk License #81208 Listed on: 03/13/2022

Cottingham Chalk

Last Buyer's Agent

Chong Choi

Highgarden Real Estate License #190863

Highgarden Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,199

Year Built

  • Built in 1973

Lot Details

  • 0.8

HOA Fees

  • $220 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Roof
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • Tile Flooring
  • Laundry Room

Kitchen

  • Electric Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Additional Features

  • Glass Enclosed
  • Lawn
  • Forced Air Heating System

Community Details

  • Cedar Management Association, Phone Number (704) 644-8808
  • Quail Run Condos
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 173-314-07

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,199

Year Built

Built in 1973

Lot Details

0

HOA Fees

$220 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Traditional
  • Year Built: 1973
  • Restrictions: None
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Unit Floor Level: 1
  • Road Surface Type: None
  • Structure Type: Two Story
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Fireplace: No
  • Flooring: Carpet, Tile
  • Fixture Exception Yn: 0
  • Sq Ft Additional: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 630
  • 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: 667
  • Porch: Back,Enclosed Patio
  • Appliances: Dishwasher, Electric Oven, Refrigerator
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 1297
  • Full Bathrooms: 0
  • Total Bedrooms: 0
  • Half Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Half Bathrooms: 0

Exterior Features

  • Exterior Features: Lawn Maintenance
  • New Construction: No
  • Roof: Composition
  • Tax Location: Charlotte
  • Construction Type: Site Built
  • Waterfront Features: None
  • Construction Type: Aluminum Siding, Vinyl Siding

Garage/Parking

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

Utilities

  • Heating: Central, Forced Air
  • Sewer: Public Sewer
  • Water Heater: Electric
  • Laundry Features: Main Level
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 219.73
  • Association Fee Frequency: Monthly
  • Hoa Subject To Dues: Mandatory
  • Complex Name: quail run
  • Association Name: Cedar Management
  • Phone: 704-644-8808
  • ResoAssociationFeeFrequency: Monthly

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: Required

Lot Info

  • Lot Features: Water View
  • Lot Size Units: Acres
  • Parcel Number: 173-314-07
  • Land Included Yn: 0
  • Lot Size: 0
  • Zoning Description: R17MF

Rental Info

  • Pets Allowed: Conditional

Tax Info

  • RATIO List Price By Tax Amount: 2.59459

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2022
Closed on
May 27, 2022
Sold by
Brr Quail Run Llc
Bought by
Han Joo Hyung
Seller's Agent
Sarah Kennerly
Cottingham Chalk
Buyer's Agent
Chong Choi
Highgarden Real Estate
List Price
$144,000
Sold Price
$140,000
Premium/Discount to List
-$4,000
-2.78%
Current Estimated Value
$163,910

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,910
Avg. Annual Appreciation
5.08%

Purchase Details

Closed on
Jun 10, 2014
Sold by
Regenti Llc
Bought by
Buffalo River Realty Llc

Purchase Details

Closed on
May 9, 2012
Sold by
Optinum Property Investments Llc
Bought by
Regenti Llc

Purchase Details

Closed on
May 4, 2012
Sold by
Federal National Mortgage Association
Bought by
Optimum Property Investments

Purchase Details

Closed on
Mar 13, 2012
Sold by
Mejia Siward and Mejia Stiward
Bought by
Federal National Mortgage Association and Fannie Mae

Purchase Details

Closed on
Jan 15, 2009
Sold by
Mejia Stiward
Bought by
Quail Run On Sharon Lake Condominium Ass

Purchase Details

Closed on
Jun 5, 2003
Sold by
Mejia Eneyda and Mejia Larry
Bought by
Mejia Stiward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,725
Interest Rate
5.68%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Han Joo Hyung $140,000 Woodward & Woodward Pllc
Buffalo River Realty Llc $55,000 None Available
Regenti Llc $23,000 None Available
Optimum Property Investments -- None Available
Federal National Mortgage Association $40,800 None Available
Quail Run On Sharon Lake Condominium Ass $500 None Available
Mejia Stiward $75,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brr Quail Run Llc $5,682,225
Previous Owner Mejia Stiward $71,725
Previous Owner Mejia Eneyda $56,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2022 05/27/22 Sold $140,000 -2.8% $108 / Sq Ft
03/13/2022 03/13/22 For Sale $144,000 -- $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 $1,199 $144,500 $0 $144,500
2022 $661 $55,500 $0 $55,500
2021 $650 $55,500 $0 $55,500
2020 $643 $55,500 $0 $55,500
2019 $627 $55,500 $0 $55,500
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 $405 $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: 3838332

Canopy MLS (Canopy Realtor® Association)

APN: 173-314-07