See Home Value
$459,181*
House - Off Market

7120 Providence Lane W

Charlotte, NC 28226
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1773 Sqft
$248,000 - $302,000
Reference Base Price*
66.97%
Since Apr 1, 2019
NC-Charlotte
Primary Model
Sold May 09, 2019
$260,000
$247,000 by Freedom Mortgage Corp
Mortgage Due Jun 01, 2049
Sold Oct 06, 1997
$124,500
$93,200 by Market Street Mtg Corp
Mortgage Due Oct 01, 2027

About This Property

Rare find in the area. Not many homes available at this price point! The home is an income producing rental property and is the perfect place for first time home buyers or investors. Deck overlooking spacious backyard. House situated on a .42 acre lot with NO HOA in an area with highly DESIRABLE SCHOOLS! Great area to build you custom dream home or enjoy this turnkey home. Not many homes like this on the market.

The manager has listed the unit size as 1773 square feet.
Unit Size
1,773Ft²
Days on Market
-
Land Size
0.42 acres
Price per sqft
$155
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1978

Price History

Date / Event Date Event Price
May 9, 2019 Sold to Akinwumi O Ogundiran, Lea M... $260,000
Sold to Akinwumi O Ogundiran, Lea M...
Mar 11, 2019 No longer available -
No longer available
Oct 31, 2018 Relisted $275,000
Relisted
Oct 29, 2018 No longer available -
No longer available
Sep 5, 2018 Price Decreased $275,000
↓ $5K (1.8%)
Price Decreased
Show More

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1980
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Unknown
  • Exterior Walls Type: Wood
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 576
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 18,295
  • Total Building Area: 1,781
  • Gross Building Area: 1,781
  • Building Area: 1,781
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,781
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PROVIDENCE ACRES
  • Land Acres: 0.42
  • Standard Land Use Code: Single family residential
  • Legal Description 1: P12 M6-643

Ownership

  • Current Owner : OGUNDIRAN AKINWUMI O
  • Current Owner 2: KOONCE LEA M
  • Previous Owner : GHANNAM MOHAMMAD F
  • Previous Owner 2: GHANNAM REEMA F
  • Owner Before Previous Owner: WALKER CARROLL C
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Charlotte-Mecklenburg Schools
  • School Tax School District: CHARLOTTE
  • Census Tract: 003013

Zoning

  • Zoning: R-3

Geography

  • Assessors Map Reference: 211-04
  • District: 1
  • Parcel: 211-041-71
  • Block: 1
  • Lot: 71
  • Municipality: CHARLOTTE
  • Latitude: 35.1156
  • Longitude: -80.7833

    Address

  • Full Address: 7120 Providence Ln W
  • Address - House Number: 7120
  • Street Segment Direction: W
  • Address - Street Name: Providence
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Charlotte
  • Carrier Code: C044
  • 4-Digit Zip Code: 7756
  • Zip Code: 28226

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,912
  • Tax Rate Code Area: CITY OF CH

    Appraisal Valuation

  • Standard Deviation: 0.1804
  • Valuation Date: Apr 26, 2023
  • Confidence Score: 76
  • Final Value: 457,975
  • High Value: 540,617
  • Low Value: 375,334

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $247,000
  • First Open Lien Mortgage Lender: FREEDOM MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: May 09, 2019
  • First Open Lien Mortgage Loan Amount: $247,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2049

    Market Valuation

  • Market Total Value: $462,900
  • Market Land Value: $162,000
  • Market Improvement Value: $300,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $462,900
  • Assessed Land Value: $162,000
  • Assessed Improvements Value: $300,900

    Sales

  • Current Sale Contract Date: May 09, 2019
  • Current Sale Recording Date: May 09, 2019
  • Current Sale Transaction ID: 11608651806
  • Current Sale Price: $260,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2019055718
  • Previous Sale Recording Date: Oct 06, 1997
  • Previous Sale Contract Date: Oct 03, 1997
  • Previous Sale Amount: $124,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FREEDOM MORTGAGE CORP
  • First Mortgage Transaction Date: May 09, 2019
  • First Mortgage Loan Amount: $247,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: MARKET STREET MTG CORP
  • Previous Mortgage Transaction Date: Oct 06, 1997
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $93,200
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Oct 01, 2027



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Olde Providence South


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Frequently Asked Questions

When was property at 7120 Providence Lane West built and last sold?
The property at 7120 Providence Lane West was built in 1978 and last sold on May 9, 2019 for $260,000.
How much is this home worth?
The estimated value of the home located at 7120 Providence Lane West is $277,123.
What are some comparable homes to 7120 Providence Lane West?
There are currently no comparable homes to 7120 Providence Lane West.

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