NOT LISTED FOR SALE

7992 Shady Oak Trail Unit 134 Charlotte, NC 28210

Starmount Forest Neighborhood

Estimated Value: $129,433 - $167,000

2 Beds
2 Baths
944 Sq Ft
$180/mo HOA Fee

Last Sold March 17, 2020

Last sale price $82,000 $87 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $1,064/month

3 Days on Market

About This Home

As of March 2020

The property has entered into a multiple offer status. Bring in your highest and best offers. The deadline is SUNDAY, January 26th 2020 at 5:00 pm.

Great income producing investment property. Tenants already in place 1/23/2020 through 1/31/2021 paying $899/month.
2 bedroom 2 full bathroom condo located in South Charlotte, close to the LYNX Lightrail to Uptown. Includes a 1st level balcony and large walk in closets. Beautiful laminate wood flooring and freshly painted walls. The building was rebuilt in 2008, NEW HVAC installed in 2019. Unit also features plenty of additional parking available for quests.
Please Do Not Disturb Tenants

Last Agent to Sell the Property

Nancy Braun

Showcase Realty LLC License #183393 Listed on: 01/24/2020

Co-Listed By

Steven Zheng

NorthGroup Real Estate LLC License #133843

Last Buyer's Agent

Janelle Rayford

Allen Tate Center City License #196821

Allen Tate Center City

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2008

Lot Details

  • 8

HOA Fees

  • $180 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Vinyl Siding

Bedrooms and Bathrooms

  • 2 Full Bathrooms

Community Details

  • Cedar Management Group Association, Phone Number (704) 644-8808

Listing and Financial Details

  • Assessor Parcel Number 173-313-17

Property Details

Home Type

Condominium

Year Built

Built in 2008

Lot Details

0

HOA Fees

$180 per month

Listing Details

  • Property Type: Condo/Townhouse
  • Property Sub Type: 3 Story
  • Ratio Close Price By List Price: 0.98914
  • Ratio Close Price By Original Li: 0.98914
  • Ratio Current Price By Sq Ft: 86.86
  • Unit Floor Level: 1
  • Year Built: 2008
  • Special Features: None
  • Stories: 3

Interior Features

  • Foundation Details: Slab
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • Entry Level: Main
  • Equipment: Cable Prewire, Dishwasher, Dryer, Refrigerator, Washer
  • H O A Management Phone: 704-644-8808
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 944
  • Total Sq Ft: 944

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built

Garage/Parking

  • Parking: Lot, On-Street Parking

Utilities

  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee: 179.51
  • Association Fee Frequency: Monthly
  • Complex Name: Quail Run
  • HOA Management Company: Cedar Management Group
  • Hoa Subject To Dues: Mandatory

Schools

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

Lot Info

  • Parcel Number: 173-313-17
  • Zoning Specification: R17MF

Tax Info

  • Tax Value: 26000.00
  • Tax Location: Charlotte

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2020
Closed on
Feb 27, 2020
Sold by
Cowlishaw Samuel George
Bought by
Tbw Carolinas Group Llc
Seller's Agent
Nancy Braun
Showcase Realty LLC
Buyer's Agent
Janelle Rayford
Allen Tate Center City
List Price
$82,900
Sold Price
$82,000
Premium/Discount to List
-$900
-1.09%
Current Estimated Value
$147,767

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,767
Avg. Annual Appreciation
11.61%
Original Mortgage
$59,850
Interest Rate
3.4%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Jun 15, 2018
Closed on
Aug 30, 2018
Sold by
Boric Adis and Boric Margarita
Bought by
Cowlishaw Samuel George
Seller's Agent
Junior Santana
Americas Elite Real Estate
Buyer's Agent
Steven Zheng
NorthGroup Real Estate LLC
List Price
$95,000
Sold Price
$81,000
Premium/Discount to List
-$14,000
-14.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.82%

Purchase Details

Closed on
Feb 26, 2009
Sold by
Old Brick Properties Llc
Bought by
Boric Adis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,500
Interest Rate
5.03%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 24, 2006
Sold by
Hawfield Stephen D
Bought by
Old Brick Llc

Purchase Details

Closed on
Apr 22, 2002
Sold by
Davenport David
Bought by
Hawfield Stephen D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
7.07%
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
Tbw Carolinas Group Llc $82,000 None Available
Cowlishaw Samuel George $81,000 None Available
Boric Adis $41,500 None Available
Old Brick Llc $633,000 None Available
Hawfield Stephen D $90,000 --
Davenport David $52,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tbw Carolinas Group Llc $59,000
Closed Tbw Carolinas Group Llc $59,850
Previous Owner Boric Adis $41,500
Previous Owner Old Brick Properties Llc $650,000
Previous Owner Hawfield Stephen D $72,000
Previous Owner Moore Patricia Y $49,600
Previous Owner Moore Patricia $40,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2020 03/17/20 Sold $82,000 -1.1% $87 / Sq Ft
01/27/2020 01/27/20 Pending -- -- --
01/24/2020 01/24/20 For Sale $82,900 0.0% $88 / Sq Ft
01/22/2020 01/22/20 Rented $899 0.0% --
01/13/2020 01/13/20 Price Changed $899 -2.8% $1 / Sq Ft
01/07/2020 01/07/20 Price Changed $925 -2.6% $1 / Sq Ft
12/20/2019 12/20/19 For Rent $950 +5.6% --
01/02/2019 01/02/19 Rented $900 0.0% --
11/12/2018 11/12/18 Price Changed $900 -5.3% $1 / Sq Ft
09/22/2018 09/22/18 For Rent $950 0.0% --
09/12/2018 09/12/18 Sold $81,000 -4.7% $86 / Sq Ft
08/27/2018 08/27/18 Pending -- -- --
07/26/2018 07/26/18 Price Changed $85,000 -10.5% $90 / Sq Ft
06/15/2018 06/15/18 For Sale $95,000 -- $101 / 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 $896 $120,167 $0 $120,167
2022 $896 $79,800 $0 $79,800
2021 $770 $79,800 $0 $79,800
2020 $877 $79,800 $0 $79,800
2019 $862 $79,800 $0 $79,800
2018 $415 $26,000 $7,500 $18,500
2017 $400 $26,000 $7,500 $18,500
2016 $390 $26,000 $7,500 $18,500
2015 $379 $26,000 $7,500 $18,500
2014 $373 $26,000 $7,500 $18,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3585402

Canopy MLS (Canopy Realtor® Association)

APN: 173-313-17