NOT LISTED FOR SALE

7992 Shady Oak Trail Unit 139 Charlotte, NC 28210

Starmount Forest Neighborhood

Estimated Value: $122,000 - $144,000

2 Beds
2 Baths
1,014 Sq Ft
$188/mo HOA Fee

Last Sold July 14, 2022

Last sale price $120,500 $119 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $1,007/month

32 Days on Market

Highlights

  • Pond
  • Lawn
  • Walk-In Closet
  • South Mecklenburg High School Rated A-
  • Balcony
  • Laundry Room

About This Home

As of July 2022

Investor Friendly Upstairs 2 bedroom, 2 full bath Condo in Quail Run with balcony/pond view. Consider as a Great Return on Investment to continue to Hold and Rent or flip down the road. This unit has neutral paint and LVP flooring. Tenant occupied. Rent is $975 per month and lease runs through 9/13/22. Convenient to Light Rail, Bus Line, shopping, retail, and I-85 and I-77. Selling As- Is. Seller to make No Repairs. Buyer and Buyer agent to confirm all pertintent information important to buyer and that Lender will finance property.

Last Agent to Sell the Property

Robin Lynn Scott

Farms & Estates Realty Inc License #301155 Listed on: 05/26/2022

Last Buyer's Agent

Richard Esquer

The Advisor Group Carolinas License #282961

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $956

Year Built

  • Built in 1973

Lot Details

  • 0.8

HOA Fees

  • $188 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • 1,014 Sq Ft Home
  • Slab Foundation
  • Composition Roof
  • Aluminum Siding
  • Vinyl Siding

Kitchen

  • Electric Oven
  • Dishwasher
  • Disposal

Flooring

  • Linoleum
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Outdoor Features

  • Pond
  • Balcony

Additional Features

  • Lawn
  • Forced Air Heating System

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 173-313-13

Property Details

Home Type

Condominium

Est. Annual Taxes

$956

Year Built

Built in 1973

Lot Details

0

HOA Fees

$188 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 1973
  • Restrictions: None
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Unit Floor Level: 3
  • Structure Type: Mid-Rise
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Fireplace: No
  • Flooring: Carpet, Linoleum, Vinyl
  • Interior Amenities: Walk-In Closet(s)
  • Fixture Exception Yn: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1014
  • 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: Balcony
  • Appliances: Dishwasher, Disposal, Electric Oven, Electric Dryer Hookup, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Living Area: 1014
  • Full Bathrooms: 2
  • 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, Other

Utilities

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

Condo/Co-op/Association

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

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: Required
  • HOA Email: closings@mycmg.com

Lot Info

  • Lot Features: Pond(s)
  • Lot Size Units: Acres
  • Parcel Number: 173-313-13
  • Land Included Yn: 0
  • Zoning Description: R17MF

Tax Info

  • RATIO List Price By Tax Amount: 2.51025

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
May 26, 2022
Closed on
Jul 14, 2022
Sold by
Lerida Powell
Bought by
Mcmc Homes Llc
Seller's Agent
Robin Lynn Scott
Farms & Estates Realty Inc
Buyer's Agent
Richard Esquer
The Advisor Group Carolinas
List Price
$122,500
Sold Price
$120,500
Premium/Discount to List
-$2,000
-1.63%
Current Estimated Value
$135,040

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,540
Avg. Annual Appreciation
3.60%

Purchase Details

Listed on
Oct 26, 2018
Closed on
Jul 2, 2019
Sold by
Anic Dragan and Anic Nermina
Bought by
Powell Lerida
Seller's Agent
Sarah Lane Lawrence
Helen Adams Realty
Buyer's Agent
Christie Glair
Realty One Group Revolution
List Price
$98,000
Sold Price
$80,000
Premium/Discount to List
-$18,000
-18.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.48%
Original Mortgage
$54,500
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 30, 2008
Sold by
Nbc Resolutions Llc
Bought by
Anic Nermina and Anic Dragan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,200
Interest Rate
5.96%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 3, 2007
Sold by
Nbank Corp
Bought by
Nbc Resolutions Llc

Purchase Details

Closed on
Oct 13, 2003
Sold by
Harper Jeffrey W
Bought by
Nbank Na

Purchase Details

Closed on
Jun 20, 2002
Sold by
Hawfield Stephen D
Bought by
Harper Jeffrey W

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
6.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 19, 2002
Sold by
Hiltz F P and Hiltz Betty D
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
6.77%
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
Mcmc Homes Llc $120,500 Koenig Jeffrey Grant
Powell Lerida $80,000 None Available
Anic Nermina $34,000 Barristers Title Services
Nbc Resolutions Llc -- None Available
Nbank Na $47,000 --
Harper Jeffrey W $90,000 --
Hawfield Stephen D $52,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Powell Lerida $54,500
Previous Owner Anic Nermina $27,200
Previous Owner Harper Jeffrey W $72,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2022 07/14/22 Sold $120,500 -1.6% $119 / Sq Ft
06/27/2022 06/27/22 Pending -- -- --
05/26/2022 05/26/22 For Sale $122,500 +53.1% $121 / Sq Ft
07/03/2019 07/03/19 Sold $80,000 0.0% $86 / Sq Ft
05/18/2019 05/18/19 Pending -- -- --
05/13/2019 05/13/19 Price Changed $80,000 -9.1% $86 / Sq Ft
01/22/2019 01/22/19 Price Changed $88,000 -3.3% $94 / Sq Ft
01/10/2019 01/10/19 Price Changed $91,000 -7.1% $98 / Sq Ft
10/26/2018 10/26/18 For Sale $98,000 -- $105 / 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 $956 $111,391 $0 $111,391
2022 $596 $48,800 $0 $48,800
2021 $585 $48,800 $0 $48,800
2020 $578 $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: 3864357

Canopy MLS (Canopy Realtor® Association)

APN: 173-313-13