See Home Value
$531,000 - $647,000
House - Off Market

7431 Folger Drive

Charlotte, NC 28226
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1890 Sqft
Sold Oct 17, 2022
$383,500
$468,000 by Movement Mortgage, Llc
Mortgage Due Feb 01, 2054
Sold Oct 09, 2007
$271,000
$257,450 by Indymac Bank Fsb
Mortgage Due Nov 01, 2037

About This Property

Location, Location, Location!  The prime location offers the convenience of a short, easy walk to various sought-after establishments. This charming residence is nestled in a well-established neighborhood adorned with mature trees and spacious lots, affording a sense of tranquility and privacy. This home has been updated with key renovations to allow you to move right in and make it your own. Freshly painted throughout with new lighting fixtures, new window treatments, new door hardware, the home boasts a new roof, new HVAC system, and new water heater so you can feel at ease.  Offered well below comparable homes in the neighborhood, this is an incredible opportunity to secure a quality residence with brand new features with key renovations already done. The Seller is also offering $500 towards a home warranty, so you are covered.

The manager has listed the unit size as 1890 square feet.
Unit Size
1,890Ft²
Days on Market
-
Land Size
0.36 acres
Price per sqft
$312
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1966

Price History

Date / Event Date Event Price
Jan 13, 2024 No longer available -
No longer available
Dec 19, 2023 In contract -
In contract
Oct 21, 2023 Price Decreased $589,900
↓ $5K (0.9%)
Price Decreased
Oct 1, 2023 Price Decreased $595,000
↓ $2K (0.3%)
Price Decreased
Sep 15, 2023 Relisted $588,900
Relisted
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1980
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: B
  • Building Style: Split level
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 15,246
  • Total Building Area: 2,507
  • Gross Building Area: 2,507
  • Building Area: 2,507
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,507
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: OLD FARM
  • Land Acres: 0.35
  • Standard Land Use Code: Single family residential
  • Legal Description 1: L10 BB M11-171

Ownership

  • Current Owner : TPM PROPERTIES LIMITED PARTNERSHIP
  • Previous Owner : TRUSTEE SERVICE OF CAROLINA LLC
  • Owner Before Previous Owner: FLYNN SEAN M
  • Owner Before Previous Owner 2: FLYNN JENNIFER U
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Charlotte-Mecklenburg Schools
  • School Tax School District: CHARLOTTE
  • Census Tract: 002908

Zoning

  • Zoning: R-3

Geography

  • Assessors Map Reference: 187-21
  • District: 1
  • Parcel: 187-214-14
  • Block: B
  • Lot: 10
  • Municipality: CHARLOTTE
  • Latitude: 35.1398
  • Longitude: -80.7861

    Address

  • Full Address: 7431 Folger Dr
  • Address - House Number: 7431
  • Address - Street Name: Folger
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Charlotte
  • Carrier Code: C055
  • 4-Digit Zip Code: 5865
  • Zip Code: 28226

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,035
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: CITY OF CH

    Appraisal Valuation

  • Standard Deviation: 0.0784
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 94
  • Final Value: 584,934
  • High Value: 630,840
  • Low Value: 539,028

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $468,000
  • First Open Lien Mortgage Lender: MOVEMENT MORTGAGE, LLC
  • First Open Lien Mortgage Recording Date: Jan 11, 2024
  • First Open Lien Mortgage Loan Amount: $468,000
  • 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: Feb 01, 2054

    Market Valuation

  • Market Total Value: $513,100
  • Market Land Value: $157,500
  • Market Improvement Value: $355,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $513,100
  • Assessed Land Value: $157,500
  • Assessed Improvements Value: $355,600

    Sales

  • Current Sale Contract Date: Sep 26, 2022
  • Current Sale Recording Date: Oct 17, 2022
  • Current Sale Transaction ID: 11897758552
  • Current Sale Price: $383,500
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 143523
  • Previous Sale Recording Date: Oct 09, 2007
  • Previous Sale Contract Date: Oct 09, 2007
  • Previous Sale Amount: $271,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: INDYMAC BANK FSB
  • Previous Mortgage Transaction Date: Oct 09, 2007
  • Previous Mortgage Loan Amount: $257,450
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Nov 01, 2037



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Land
Loft
-
-
$685,500 May 25, 2017
$685,500 Sep 5, 2019
$448/mo
House
4 Beds
3 Baths
2,208 ft²
$240/ft²
$530,000 May 7, 2020
-
-
House
4 Beds
2.5 Baths
2,849 ft²
$245/ft²
$699,000 Nov 10, 2023
-
-
House
5 Beds
2 Baths
2,034 ft²
$321/ft²
$652,000 Sep 22, 2023
-
-

About Olde Providence North


Similar Homes for Sale

Unit for sale at 7400 Folger Drive, Charlotte, NC 28226

$652,000

  • 5 Beds
  • 2 Baths
  • 2,034 ft²
7400 Folger Drive, Charlotte, NC 28226 Listing by Nicole Regal

Nearby Rentals

Unit for rent at 2452 Lynbridge Drive, Charlotte, NC, 28270

$2,350 /mo

  • 3 Beds
  • 2 Baths
2452 Lynbridge Drive, Charlotte, NC, 28270 Listing by Roshan Bhula


Frequently Asked Questions

When was property at 7431 Folger Drive built and last sold?
The property at 7431 Folger Drive was built in 1966 and last sold on Sep 26, 2022 for $383,500.
How much is this home worth?
The estimated value of the home located at 7431 Folger Drive is $620,748.
What are some comparable homes to 7431 Folger Drive?
Homes that are comparable to 7431 Folger Drive include a house property at 7400 Folger Drive, a land property at 3941 Providence Road, a house property at 1320 Wandering Way Drive.

Quantcast