NOT LISTED FOR SALE

7992 Shady Oak Trail Unit 141 Charlotte, NC 28210

Starmount Forest Neighborhood

Estimated Value: $118,000 - $144,000

2 Beds
2 Baths
932 Sq Ft
0.8 Acres

Last Sold October 27, 2022

Last sale price $121,750 $131 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $815/month

137 Days on Market

Highlights

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

About This Home

As of October 2022

Great 2 bedroom, 2 bathroom condo located in Quail Run. This condo was renovated in 2017 with new kitchen, flooring, bathrooms, paint, windows, Hot water heater and HVAC unit. This condo has neutral paint and flooring. Property has a tenant moving in 8/26/2022. Lease rate is $1199 (this is a very good rent rate). Lease through 8/26 2023. This unit shows great, and there are many upgrades! 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: 06/12/2022

Cottingham Chalk

Last Buyer's Agent

Claudia Charles

Coldwell Banker Realty License #302346

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $994

Year Built

  • Built in 1973

Lot Details

  • 0.8

Parking

  • Parking Lot

Home Design

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

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Laundry Room
  • Patio
  • 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 173-313-25

Property Details

Home Type

Condominium

Est. Annual Taxes

$994

Year Built

Built in 1973

Lot Details

0

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
  • Ratio CurrentPrice/TotalPropertyHLA: 130.63
  • 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: 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
  • Porch: Back,Patio
  • Appliances: Dishwasher, Electric Range, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Living Area: 932
  • 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
  • Sq Ft Garage: 0
  • Parking Features: Parking Lot

Utilities

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

Condo/Co-op/Association

  • 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

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 173-313-25
  • Land Included Yn: 0
  • Zoning Description: R17MF
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: Conditional

Tax Info

  • RATIO List Price By Tax Amount: 2.38899

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 5, 2015
Sold by
Community Hsng Resource Ctr Corporaion
Bought by
Buffalo River Realty Llc
Current Estimated Value
$133,667

Purchase Details

Closed on
Jul 5, 2012
Sold by
Wells Fargo Bank Na
Bought by
Communtiy Housing Resource Center Corp

Purchase Details

Closed on
Jul 16, 2010
Sold by
Glenn Roger Wayne
Bought by
Wachovia Mortgage Corporation

Purchase Details

Closed on
Jun 26, 2007
Sold by
Binaco International Of Ny Inc
Bought by
Glenn Roger Wayne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,000
Interest Rate
6.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 30, 2000
Sold by
Hood Harrison B
Bought by
Brock Gregory S and Brock Sharon K
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
Buffalo River Realty Llc $23,000 None Available
Communtiy Housing Resource Center Corp -- None Available
Wachovia Mortgage Corporation $18,500 None Available
Glenn Roger Wayne $42,000 None Available
Brock Gregory S $42,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wyche Properties Llc $520,000
Open Brr Quail Run Llc $5,682,225
Previous Owner Glenn Roger Wayne $42,000
Previous Owner Brock Gregory S $44,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2022 10/27/22 Sold $121,750 -3.3% $131 / Sq Ft
06/12/2022 06/12/22 For Sale $125,900 -- $135 / 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 $994 $116,522 $0 $116,522
2022 $634 $52,700 $0 $52,700
2021 $623 $52,700 $0 $52,700
2020 $616 $52,700 $0 $52,700
2019 $600 $52,700 $0 $52,700
2018 $442 $28,100 $7,500 $20,600
2017 $427 $28,100 $7,500 $20,600
2016 $54 $25,900 $7,500 $18,400
2015 -- $25,900 $7,500 $18,400
2014 $39 $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: 3871577

Canopy MLS (Canopy Realtor® Association)

APN: 173-313-25