NOT LISTED FOR SALE

7984 Shady Oak Trail Unit 174 Charlotte, NC 28210

Starmount Forest Neighborhood

Estimated Value: $116,000 - $135,000

2 Beds
2 Baths
932 Sq Ft
$137/Sq Ft Est. Value

Last Sold July 10, 2023

Last sale price $120,000 $129 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $973/month

159 Days on Market

Highlights

  • Traditional Architecture
  • Lawn
  • Front Porch
  • South Mecklenburg High School Rated A-
  • Balcony
  • Laundry Room

About This Home

As of July 2023

Great 2 bedroom, 2 bathroom condo located in Quail Run. Lease rate is $1161 (this is a very good rent rate). Lease through 5/4/2023. Convenient to Light Rail, Bus Line, shopping, retail, and I-84 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: 08/28/2022

Cottingham Chalk

Last Buyer's Agent

Claudia Charles

Coldwell Banker Realty License #302346

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,066

Year Built

  • Built in 1973

Lot Details

  • Lawn

HOA Fees

  • $188 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Traditional Architecture
  • Property Attached
  • Slab Foundation
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 932 Sq Ft Home
  • 1-Story Property

Kitchen

  • Electric Range
  • Range Hood

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Outdoor Features

  • Balcony
  • Front Porch

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 173-313-57

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,066

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: No Restrictions
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: None, Paved
  • Unit Levels: One
  • Property Attached Yn: Yes
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 128.76
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Entry Level: 2
  • Fireplace: No
  • Flooring: Carpet, Laminate, Vinyl
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 932
  • 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
  • Appliances: Electric Range, Electric Water Heater, Exhaust Hood, Refrigerator
  • Above Grade Finished Sq Ft: 932
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Upper
  • Living Area: 932
  • Bedroom Main: 2
  • Room Count: 6
  • Sq Ft Other: 0

Exterior Features

  • Exterior Features: Lawn Maintenance
  • New Construction: No
  • Roof: Composition
  • Construction Type: Site Built
  • Construction Type: Aluminum, Vinyl
  • Patio And Porch Features: Balcony, Front Porch

Garage/Parking

  • Main Level Garage YN: 0
  • Sq Ft Garage: 0
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Parking Lot

Utilities

  • Heating: Electric, Forced Air
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup, Laundry Room, Main Level
  • Cooling: Central Air
  • Water Source: City

Condo/Co-op/Association

  • Association Fee: 188.49
  • Association Fee Frequency: Monthly
  • Hoa Subject To Dues: Mandatory
  • Complex Name: Quail Run
  • Senior Community: No
  • Association Name: Cedar Management
  • Phone: 704-644-8808
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Association Annual Expense: 2261.88

Schools

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

Lot Info

  • Parcel Number: 173-313-57
  • Land Included Yn: 0
  • Development Status: Completed
  • Zoning Specification: R17MF

Rental Info

  • Pets Allowed: Conditional

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 22, 2023
Sold by
Brr Quail Run Llc
Bought by
Wyche Properties Llc
Current Estimated Value
$128,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$555,000
Interest Rate
6.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 5, 2014
Sold by
Curry Family Partnership Llc
Bought by
Buffalo River Realty Llc

Purchase Details

Closed on
Dec 21, 2010
Sold by
Michel Jon and Michel Sandy
Bought by
Curry Family Partnership Llc

Purchase Details

Closed on
May 21, 2007
Sold by
Nc Property Solutions Llc
Bought by
Michel Jon

Purchase Details

Closed on
Sep 22, 2006
Sold by
Bell Jack B
Bought by
Nc Property Solutions Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,400
Interest Rate
6.52%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 9, 1997
Sold by
Quail Run Development Inc
Bought by
Bell Jack B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,680
Interest Rate
7.43%
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
Wyche Properties Llc $240,000 None Listed On Document
Buffalo River Realty Llc $40,000 None Available
Curry Family Partnership Llc $22,000 Chicago Title Insurance Co
Michel Jon -- None Available
Nc Property Solutions Llc $38,000 None Available
Bell Jack B $44,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wyche Properties Llc $555,000
Previous Owner Brr Quail Run Llc $5,682,225
Previous Owner Buffalo River Reality Llc $660,000
Previous Owner Michel Jon $4,000
Previous Owner Nc Property Solutions Llc $30,400
Previous Owner Bell Jack B $42,680
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2023 07/10/23 Sold $120,000 -2.4% $129 / Sq Ft
10/24/2022 10/24/22 For Sale $123,000 +2.5% $132 / Sq Ft
10/02/2022 10/02/22 Off Market $120,000 -- --
08/28/2022 08/28/22 For Sale $123,000 -- $132 / 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 $1,066 $120,500 -- $120,500
2023 $1,066 $120,500 $0 $120,500
2022 $592 $48,300 $0 $48,300
2021 $581 $48,300 $0 $48,300
2020 $573 $48,300 $0 $48,300
2019 $558 $48,300 $0 $48,300
2018 $413 $25,900 $7,500 $18,400
2017 $398 $25,900 $7,500 $18,400
2016 $389 $25,900 $7,500 $18,400
2015 $377 $25,900 $7,500 $18,400
2014 $372 $25,900 $7,500 $18,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3899486

Canopy MLS (Canopy Realtor® Association)

APN: 173-313-57