NOT LISTED FOR SALE

7981 Shady Oak Trail Unit 97 Charlotte, NC 28210

Starmount Forest Neighborhood

Estimated Value: $109,000 - $133,450

2 Beds
1 Bath
826 Sq Ft
$188/mo HOA Fee

Last Sold November 04, 2022

Last sale price $112,000 $136 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $966/month

25 Days on Market

Highlights

  • Traditional Architecture
  • Lawn
  • Forced Air Heating System
  • South Mecklenburg High School Rated A-
  • Tile Flooring

About This Home

As of November 2022

Great 2 bedroom, 1 bathroom condo located in Quail Run. Located on the 1st floor. Lease rate is $918 per month. Lease through 12/31/2023. Property manager will meet agents to allow showings. 24 hour notice required. Convenient to Light Rail, Bus Line, shopping, retail, and I-485 and I-77. 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: 10/10/2022

Cottingham Chalk

Last Buyer's Agent

Mirna Caballero

Real Broker, LLC License #310772

Real Broker, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $920

Year Built

  • Built in 1973

Lot Details

  • 5

HOA Fees

  • $188 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

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

Kitchen

  • Electric Range
  • Range Hood
  • Dishwasher

Flooring

  • Linoleum
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Additional Features

  • 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 173-312-48

Property Details

Home Type

Condominium

Est. Annual Taxes

$920

Year Built

Built in 1973

Lot Details

0

HOA Fees

$188 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Traditional
  • Year Built: 1973
  • Restrictions: None
  • Special Assessment Yn: 1
  • Proposed Special Assessment Yn: 0
  • Unit Floor Level: 1
  • Special Assessment Description: 370.37 one time payment for roof project
  • Road Surface Type: None
  • Structure Type: One Story
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 135.59
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Fireplace: No
  • Flooring: Linoleum, Tile, Vinyl
  • Fixture Exception Yn: 0
  • Sq Ft Additional: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 826
  • 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
  • Appliances: Dishwasher, Electric Range, Exhaust Hood, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 826
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Half Bathrooms: 0

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: None
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 188.49
  • Association Fee Frequency: Monthly
  • Hoa Subject To Dues: Mandatory
  • Complex Name: Quail Run
  • Association Name: Cedar Management
  • Phone: 7046448808
  • ResoAssociationFeeFrequency: Monthly

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: Required
  • CAR_YearlyHOAExpense: 2261.88

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 173-312-48
  • Land Included Yn: 0
  • Zoning Description: R17MF
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: Conditional

Tax Info

  • RATIO List Price By Tax Amount: 2.52203

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 10, 2022
Closed on
Oct 28, 2022
Sold by
Brr Quail Run Llc
Bought by
Sorto Maria Del Carmen and Sorto Jessica Maritza
Seller's Agent
Sarah Kennerly
Cottingham Chalk
Buyer's Agent
Mirna Caballero
Real Broker, LLC
List Price
$114,500
Sold Price
$112,000
Premium/Discount to List
-$2,500
-2.18%
Views
18
Current Estimated Value
$127,964

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,964
Avg. Annual Appreciation
4.21%

Purchase Details

Closed on
Dec 30, 2013
Sold by
Equity Trust Co
Bought by
Buffalo River Realty Llc

Purchase Details

Closed on
Dec 10, 2013
Sold by
Sterling G Trust Company
Bought by
Equity Trust Co and Rodger B Parker Ira 114456

Purchase Details

Closed on
Jul 28, 2003
Sold by
Hud
Bought by
Sterling Trust Co

Purchase Details

Closed on
Dec 23, 2002
Sold by
Williams Annette J
Bought by
Hud

Purchase Details

Closed on
Nov 20, 2002
Sold by
Hodges Paul and Hodges Lois C
Bought by
Quail Run On Sharon Lake Condominium Ass

Purchase Details

Closed on
Nov 11, 2002
Sold by
Quail Run On Sharon Lake Condominium Ass
Bought by
Hodges Paul

Purchase Details

Closed on
Jun 17, 1998
Sold by
Quail Run Development Inc
Bought by
Williams Annette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,018
Interest Rate
6.94%
Mortgage Type
FHA
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
Sorto Maria Del Carmen $112,000 --
Buffalo River Realty Llc $25,000 None Available
Equity Trust Co -- None Available
Sterling Trust Co -- --
Hud $44,665 --
Quail Run On Sharon Lake Condominium Ass -- --
Hodges Paul $5,160 --
Williams Annette $38,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Williams Annette J $38,018
Previous Owner Williams Annette $38,018
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/04/2022 11/04/22 Sold $112,000 -2.2% $136 / Sq Ft
10/10/2022 10/10/22 For Sale $114,500 -- $139 / 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 $920 $106,450 $0 $106,450
2022 $564 $45,400 $0 $45,400
2021 $553 $45,400 $0 $45,400
2020 $545 $45,400 $0 $45,400
2019 $530 $45,400 $0 $45,400
2018 $395 $24,500 $7,500 $17,000
2017 $380 $24,500 $7,500 $17,000
2016 $371 $24,500 $7,500 $17,000
2015 $359 $24,500 $7,500 $17,000
2014 $354 $24,500 $7,500 $17,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3912535

Canopy MLS (Canopy Realtor® Association)

APN: 173-312-48