NOT LISTED FOR SALE

7969 Shady Oak Trail Unit 71 Charlotte, NC 28210

Starmount Forest Neighborhood

Estimated Value: $91,000 - $133,000

1 Bed
1 Bath
785 Sq Ft
$157/mo HOA Fee

Last Sold May 17, 2022

Last sale price $89,000 $113 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $883/month

156 Days on Market

Highlights

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

About This Home

As of May 2022

Garden style 1 bedroom / 1 bath condo in Quail Run. Located on first level, so no stairs to climb! This condo features an additional bonus room that is currently being used as a second bedroom (there is no closet in the bonus room). Nice tile and laminate wood floors throughout. Kitchen has countertop / bar seating area. Very spacious living room and nice dining area. Convenient to Light Rail, South Boulevard, !-85, public transportation, shopping and dining. Current lease rate is $814 through 10/31/2022 and tenant has been renting since 2015.

Last Agent to Sell the Property

Sarah Kennerly

Cottingham Chalk License #81208 Listed on: 10/04/2021

Cottingham Chalk

Last Buyer's Agent

Richard Esquer

The Advisor Group Carolinas License #282961

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $842

Year Built

  • Built in 1973

Lot Details

  • 5

HOA Fees

  • $157 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • 785 Sq Ft Home
  • Traditional Architecture
  • Slab Foundation
  • Composition Roof
  • Aluminum Siding
  • Vinyl Siding

Kitchen

  • Electric Range
  • Freezer
  • Dishwasher

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Additional Features

  • Laundry Room
  • Patio
  • Lawn
  • Forced Air Heating System

Community Details

  • Cedar Management Association
  • Quail Run Condos
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 173-312-22

Property Details

Home Type

Condominium

Est. Annual Taxes

$842

Year Built

Built in 1973

Lot Details

0

HOA Fees

$157 per month

Listing Details

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

Interior Features

  • Foundation Details: Slab
  • Fireplace: No
  • Flooring: Tile, Vinyl
  • Fixture Exception Yn: 0
  • Sq Ft Additional: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 785
  • 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: Back,Patio
  • Appliances: Dishwasher, Electric Range, Freezer, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Living Area: 785
  • Full Bathrooms: 1
  • Total Bedrooms: 1

Exterior Features

  • Exterior Features: Lawn Maintenance
  • New Construction: No
  • Roof: Composition
  • Construction Status: Complete
  • Tax Location: Charlotte
  • Construction Type: Site Built
  • Construction Type: Aluminum Siding, Vinyl Siding

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association Fee: 157.03
  • Association Fee Frequency: Monthly
  • Hoa Subject To Dues: Mandatory
  • Complex Name: Quail Run
  • Association Name: Cedar Management
  • ResoAssociationFeeFrequency: Monthly

Schools

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

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 173-312-22
  • Land Included Yn: 0
  • Zoning Description: R17MF

Rental Info

  • Pets Allowed: Conditional

Tax Info

  • RATIO List Price By Tax Amount: 2.08617

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
Oct 4, 2021
Closed on
May 2, 2022
Sold by
Brr Quail Run Llc
Bought by
Quail Run Properties Nc Llc
Seller's Agent
Sarah Kennerly
Cottingham Chalk
Buyer's Agent
Richard Esquer
The Advisor Group Carolinas
List Price
$92,000
Sold Price
$89,000
Premium/Discount to List
-$3,000
-3.26%
Current Estimated Value
$120,369

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,369
Avg. Annual Appreciation
9.50%
Original Mortgage
$142,400
Outstanding Balance
$136,076
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
-$16,526

Purchase Details

Closed on
Feb 18, 2015
Sold by
Kaja Holdings 2 Llc
Bought by
Buffalo River Realty Llc

Purchase Details

Closed on
Nov 22, 2014
Sold by
Wells Fargo Bank N A
Bought by
Kaja Holdings 2 Llc

Purchase Details

Closed on
Apr 7, 2004
Sold by
Fannie Mae
Bought by
Holland Travis

Purchase Details

Closed on
Oct 21, 2003
Sold by
Hud
Bought by
Calhoon Michael B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$29,700
Interest Rate
6.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 9, 2003
Sold by
Levin Daniel M
Bought by
Hud
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
Quail Run Properties Nc Llc $178,000 Woodward & Woodward Pllc
Buffalo River Realty Llc $21,000 None Available
Kaja Holdings 2 Llc $3,000 Heights Title Agency
Holland Travis -- --
Calhoon Michael B -- --
Hud $38,156 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Quail Run Properties Nc Llc $142,400
Previous Owner Brr Quail Run Llc $5,682,225
Previous Owner Calhoon Michael B $29,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2022 05/17/22 Sold $89,000 -3.3% $113 / Sq Ft
03/09/2022 03/09/22 Pending -- -- --
02/01/2022 02/01/22 For Sale $92,000 0.0% $117 / Sq Ft
01/06/2022 01/06/22 Pending -- -- --
11/30/2021 11/30/21 For Sale $92,000 0.0% $117 / Sq Ft
11/19/2021 11/19/21 Pending -- -- --
10/04/2021 10/04/21 For Sale $92,000 -- $117 / 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 $842 $95,829 $0 $95,829
2022 $551 $44,100 $0 $44,100
2021 $540 $44,100 $0 $44,100
2020 $533 $44,100 $0 $44,100
2019 $517 $44,100 $0 $44,100
2018 $390 $24,100 $7,500 $16,600
2017 $375 $24,100 $7,500 $16,600
2016 $365 $24,100 $7,500 $16,600
2015 $354 $24,100 $7,500 $16,600
2014 $349 $24,100 $7,500 $16,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3792749

Canopy MLS (Canopy Realtor® Association)

APN: 173-312-22