7841 Petrea Ln #3303 · Charlotte, NC 28227

$200,000

2 bd · 1.5 ba · 1,004 sqft · Condo · 121 Days on market

Built 1999 Good condition $199/sqft · 6% below area Est $212k · 6% under $250/mo HOA · 15% of rent

---

Why this score? — see what drove the F grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• ARV discount +10.1/15.0
• Cash flow +6.8/30.0
• Condition / age +4.0/5.0
• Livability +3.9/5.0
• 1% rule +3.4/10.0
• Rent growth +3.2/5.0
• Schools +2.6/10.0
• DSCR +1.0/10.0
• Appreciation +0.0/10.0

Listing remarks

Eligible for 100% financing with down payment assistance! This townhome is perfect for you with its wonderful layout. The first floor offers an open dining and living area. Don't miss the cute window seat and storage space under the stairs. The laundry room is off the kitchen, which has 2025 granite counter tops and white cabinets. New LVP flooring, paint, and carpet in 2025. Roof was replaced in 2025. Upstairs features two generous bedrooms with a Jack and Jill bathroom. The small back patio offers a little privacy. A generous storage room gives you a place to keep decorations and unused items. HAVC was replaced in 2025 with a transferable 10 year parts and unit replacement warranty.

Key facts

• White cabinets
• Cute window seat
• Granite counter tops

Tags

• OPEN DINING AND LIVING AREA
• CUTE WINDOW SEAT
• STORAGE SPACE UNDER THE STAIRS
• LAUNDRY ROOM OFF KITCHEN
• GRANITE COUNTER TOPS
• WHITE CABINETS

What this means for you Summary

Snapshot

• This is a 2-bed/1.5-bath condo listed at $200k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $-310 ($-4k/yr) — negative.
• To cash-flow at today's rent, offer at most $155k (22.4% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $167k (16.3% below list).
• Recommended offer: $155k (22.4% below list) — sets the bar for cash-flow.
• Cap rate 4.4% vs local median 3.2% in Charlotte — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 78/100 on livability (#26 in NC, #2,502 nationally) — a middle-class / working-renter tenant base. Strengths: amenities A+, commute A+, housing A+; Watch: crime F.
• Charlotte-Mecklenburg Schools (urban): math 42% / reading 46% proficiency, ranked #85 of 178 in NC (top 48%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Hickory Grove Elementary (math 12% / reading 19%, grade F, #1,315 of 1,410 statewide, top 93%, 605 students, 100% FRL); Garinger High School (math 47% / reading 25%, grade F, #424 of 535 statewide, top 79%, 1,677 students, 100% FRL) — zoned schools average 100% FRL vs 49% district-wide (51 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Zoned-school proficiency averages 26% at this address vs 44% district-wide (-18 pts) — the specific schools serving this property underperform the Charlotte-Mecklenburg Schools average; the district grade overstates school quality for this exact location.
• Market conditions: Rents rising (+2.7%/yr); 553 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 75d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 72% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 11,969 units permitted in Mecklenburg County in 2024 (5,377 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $6k of value loss. Plan a longer hold.
• Mecklenburg County population projected at +53% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 121 days — a 12% lower offer ($176k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Climate carrying-cost: major wind risk, 27% chance of damaging wind over 30y; extreme-heat days projected 7→17/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $155,131 (22.4% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 121 days. Have you received any prior offers? Is the seller open to a 22% concession, seller financing, or rate buy-down credit?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
5. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
7. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
8. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
9. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
10. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
11. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
12. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 0.84% ✗
• Cap rate: 4.43%
• Cash-on-cash: -6.64%
• DSCR: 0.70
• GRM: 10.0

CMA / ARV

• ARV (median comp): $212,182
• List price: $200,000
• Delta: -5.74%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
6008 Trysting Rd	0.28mi	2/1.5	1,026 (+2%)	0mo	$305,000	$297	83
6312 Old Hickory Ct	0.16mi	3/1.5 (+1)	1,089 (+8%)	0mo	$275,000	$253	73
5751 Ebley Ln	0.97mi	2/2.0	1,034 (+3%)	2mo	$250,000	$242	56
5121 Magnolia Tree Ln	1.14mi	2/2.0	1,084 (+8%)	0mo	$170,000	$157	49
6762 Cypress Tree Ln	1.02mi	2/2.5	1,072 (+7%)	3mo	$200,000	$187	47
7304 Winery Ln	0.87mi	2/2.0	1,120 (+12%)	0mo	$150,000	$134	43
5839 Harris Grove Ln	1.46mi	2/2.0	1,124 (+12%)	1mo	$166,000	$148	42
7442 Crestside Ln	0.56mi	3/2.0 (+1)	1,228 (+22%)	0mo	$305,000	$248	42
5406 Lawrence Orr Rd	0.68mi	3/1.0 (+1)	1,172 (+17%)	1mo	$164,000	$140	35
2324 Valleyview Dr	1.33mi	3/2.0 (+1)	1,253 (+25%)	1mo	$300,000	$239	32
5439 Autumn End Cir	0.76mi	3/2.0 (+1)	1,176 (+17%)	2mo	$295,000	$251	32
4808 Pennant Pl	1.13mi	3/2.0 (+1)	1,199 (+19%)	2mo	$311,000	$259	31

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 2.7% rent growth · sell at horizon

5-year hold

• IRR: -28.1%
• Equity multiple: 0.06×
• Total profit: $-52,483
• Equity at exit: $29,821

10-year hold

• IRR: -27.9%
• Equity multiple: -0.29×
• Total profit: $-72,459
• Equity at exit: $17,292

Cash invested: $56,000 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 85 Strongly Landlord-Friendly
• State North Carolina: 85 Strongly Landlord-Friendly · R+3
• County: — inherits STATE
• City: — inherits STATE

10-day notice; preempted; landlord-favorable but court speed varies.

Methodology + full state rankings →

Active competition Active MLS

• For sale now: 1 active
• Median asking: $190,000 ($168/sqft)
• Median days on market: 141 d
• This list price: 100% of active listings are priced below it
• ARV vs active asking: +26.1% above current asking $/sqft

Closed sales set the value; these active listings set current market conditions and a practical price ceiling.

ZIP-level market 28227

• Rents YoY: 2.7%
• Active inventory: 553
• Price-to-rent: 10.0×

Monthly cashflow live

• Estimated rent: $1,674 high
• Mortgage (P&I): −$1,049
• Tax est. 1.5%: −$250 /mo · $3,000/yr
• Insurance: −$83
• HOA: −$250
• Vacancy / Maint / Mgmt: −$351
• Net cashflow: $-310

Break-even live

Break-even rent $2,066

Max offer price $155,131

Occupancy floor —

Sensitivity live

Price	-10% $-172	-5% $-241	+0% $-310	+5% $-379	+10% $-448
Rent	-10% $-442	-5% $-376	+0% $-310	+5% $-244	+10% $-178
Rate	-1.0pp $-209	-0.5pp $-259	base $-310	+0.5pp $-362	+1.0pp $-415

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $50,000
• Closing costs: $6,000
• Club membership (one-time): —
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
7717 Petrea Ln Charlotte, NC	1.0	1.0	1360	$750	$0.55	30d	1	0.02mi
7819 Petrea Ln Charlotte, NC	3.0	1.5	1360	$1,650	$1.21	119d	1	0.04mi
6426 Lake Forest Rd E Charlotte, NC	3.0	2.0	1440	$2,010	$1.40	69d	1	0.06mi
7873 Petrea Ln Charlotte, NC	2.0	1.5	979	$1,495	$1.53	82d	1	0.06mi
7667 Petrea Ln Charlotte, NC	3.0	2.0	1383	$1,675	$1.21	119d	1	0.13mi
7539 Petrea Ln Charlotte, NC	2.0	1.5	918	$1,450	$1.58	67d	1	0.26mi
6702 Woodthrush Dr Charlotte, NC	3.0	2.0	1356	$1,750	$1.29	24d	1	0.28mi
6702 Woodthrush Dr Charlotte, NC	3.0	3.0	1356	$1,800	$1.33	9d	1	0.28mi
6000 Delta Crossing Ln Charlotte, NC	2.0–3.0	2.0	1117	$1,281	$1.15	0d	8	0.33mi
6623 Park Hickory Dr Charlotte, NC	3.0	1.0	1226	$1,800	$1.47	84d	1	0.38mi
6718 Park Hickory Dr Charlotte, NC	2.0	1.0	800	$1,600	$2.00	119d	1	0.42mi
6724 Woodwedge Dr Charlotte, NC	2.0	1.0	919	$1,700	$1.85	56d	1	0.43mi
6024 Spanish Oak Rd Charlotte, NC	3.0	1.5	1148	$1,600	$1.39	103d	1	0.45mi
6200 Martin Lake Rd Charlotte, NC	3.0	2.0	1250	$1,845	$1.48	67d	1	0.47mi
7626 Eastbourne Rd Charlotte, NC	2.0	1.0	800	$1,750	$2.19	112d	1	0.48mi
6530 Andora Dr Charlotte, NC	3.0	2.0	1178	$1,775	$1.51	9d	1	0.50mi
6503 Santa Cruz Trl Charlotte, NC	3.0	2.0	1400	$1,920	$1.37	117d	1	0.52mi
5307 Dawndeer Ln Unit Labs Charlotte, NC	3.0	1.5	980	$1,575	$1.61	70d	1	0.52mi
6506 Santa Cruz Trl Charlotte, NC	3.0	2.0	1160	$1,926	$1.66	43d	1	0.55mi
8301 Parkland Cir Charlotte, NC	1.0–3.0	1.0–3.0	960	$1,199	$1.25	112d	1	0.58mi
8310 E W T Harris Blvd Charlotte, NC	1.0–2.0	1.0	792	$1,575	$1.99	9d	6	0.61mi
7410 Prindle Lake Dr Charlotte, NC	3.0	1.5	1224	$1,850	$1.51	0d	1	0.63mi
7259 Point Lake Dr Charlotte, NC	1.0–3.0	1.0–2.0	950	$1,174	$1.24	119d	1	0.64mi
4712 Lawrence Orr Rd Charlotte, NC	3.0	2.0	1200	$1,650	$1.38	9d	1	0.64mi
4708 Lawrence Orr Rd Charlotte, NC	3.0	2.0	1164	$1,770	$1.52	70d	1	0.65mi
4630 Lawrence Orr Rd Charlotte, NC	3.0	2.0	1164	$1,725	$1.48	6d	1	0.67mi
5507 Lawrence Orr Rd Charlotte, NC	3.0	2.0	1148	$1,675	$1.46	75d	1	0.71mi
7836 Ivy Hollow Dr Charlotte, NC	3.0	2.0	1100	$1,750	$1.59	75d	1	0.71mi
7825 Pence Pond Ln Charlotte, NC	3.0	2.0	1478	$1,849	$1.25	68d	1	0.73mi
5710 Copper Creek Ct Charlotte, NC	1.0–2.0	1.0–2.0	678	$1,399	$2.06	119d	1	0.74mi
7714 Albemarle Rd Charlotte, NC	2.0	1.5	1074	$1,500	$1.40	106d	1	0.76mi
6701 English Hills Dr Charlotte, NC	1.0–2.0	1.0–2.0	764	$1,370	$1.79	4d	11	0.78mi
5718 Dockside Dr Charlotte, NC	2.0	2.0	1100	$1,495	$1.36	119d	1	0.78mi
7139 Winding Cedar Trl Charlotte, NC	1.0–3.0	1.0–2.0	954	$1,289	$1.35	29d	1	0.80mi
7345 Winery Ln Charlotte, NC	2.0	2.0	1132	$1,500	$1.33	88d	1	0.80mi
7345 Winery Ln #907 Charlotte, NC	2.0	2.0	1132	$1,550	$1.37	106d	1	0.84mi
7345 Winery Ln #907 Charlotte, NC	2.0	2.0	1132	$1,700	$1.50	119d	1	0.84mi
7223 Winery Ln Charlotte, NC	2.0	2.0	1120	$1,499	$1.34	88d	1	0.84mi
7223 Winery Ln Charlotte, NC	2.0	2.0	1120	$1,550	$1.38	119d	1	0.84mi
5625 Keyway Blvd Charlotte, NC	1.0–2.0	1.0–2.0	783	$1,430	$1.83	0d	8	0.86mi

Property features AI

Finance

• HOA & community: Has HOA (mandatory)Managed by Cedar Management CompanyHOA fee $250 monthly

Exterior

• Parking: Assigned parking
• Utilities: City waterPublic sewerCable connectedElectricity connected
• Home design: Residential townhouseTwo levelsSite-built constructionVinyl exteriorSlab foundation
• Construction: Vinyl constructionSite-builtSlab foundation
• Exterior features: PatioLawn maintenanceRoads are asphalt and pavedPublicly maintained road

Interior

• Kitchen: DishwasherElectric rangePlumbed for ice makerGas water heater
• Bedrooms: 2 bedrooms on the upper level
• Flooring: CarpetVinyl
• Bathrooms: 1 full bath (upper level)1 half bath (main level)
• Heating & cooling: Heat pump with natural gasCentral air conditioning
• Interior features: 8 total roomsSliding doorsEntry level is first floor
• Laundry & utility: Laundry in kitchenLaundry closet

HOA detail $250/mo · $3,000/yr condo

• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 50 events

1. 2026-09-24
   days on market $200,000 Active 121 DOM
2. 2026-09-23
   days on market $200,000 Active 120 DOM
3. 2026-09-22
   days on market $200,000 Active 119 DOM
4. 2026-09-21
   days on market $200,000 Active 118 DOM
5. 2026-09-20
   days on market $200,000 Active 117 DOM
6. 2026-09-19
   days on market $200,000 Active 116 DOM
7. 2026-09-18
   days on market $200,000 Active 115 DOM
8. 2026-09-17
   days on market $200,000 Active 114 DOM
9. 2026-09-16
   days on market $200,000 Active 113 DOM
10. 2026-09-15
    days on market $200,000 Active 112 DOM
11. 2026-09-14
    price $200,000 Active 111 DOM
12. 2026-09-14
    days on market $205,000 Active 111 DOM
13. 2026-09-13
    days on market $205,000 Active 110 DOM
14. 2026-09-12
    days on market $205,000 Active 109 DOM
15. 2026-09-11
    days on market $205,000 Active 108 DOM
16. 2026-09-05
    days on market $205,000 Active 102 DOM
17. 2026-09-04
    days on market $205,000 Active 101 DOM
18. 2026-09-03
    pricedays on market $205,000 Active 100 DOM
19. 2026-08-31
    days on market $206,000 Active 97 DOM
20. 2026-08-30
    days on market $206,000 Active 96 DOM
21. 2026-08-29
    days on market $206,000 Active 95 DOM
22. 2026-08-28
    days on market $206,000 Active 94 DOM
23. 2026-08-27
    days on market $206,000 Active 93 DOM
24. 2026-08-25
    days on market $206,000 Active 91 DOM
25. 2026-08-24
    days on market $206,000 Active 90 DOM
26. 2026-08-23
    days on market $206,000 Active 89 DOM
27. 2026-08-22
    days on market $206,000 Active 88 DOM
28. 2026-08-21
    days on market $206,000 Active 87 DOM
29. 2026-08-20
    days on market $206,000 Active 86 DOM
30. 2026-08-19
    days on market $206,000 Active 85 DOM
31. 2026-08-18
    days on market $206,000 Active 84 DOM
32. 2026-08-17
    days on market $206,000 Active 83 DOM
33. 2026-08-16
    days on market $206,000 Active 82 DOM
34. 2026-08-15
    days on market $206,000 Active 81 DOM
35. 2026-08-14
    days on market $206,000 Active 80 DOM
36. 2026-08-13
    days on market $206,000 Active 79 DOM
37. 2026-08-12
    days on market $206,000 Active 78 DOM
38. 2026-08-11
    days on market $206,000 Active 77 DOM
39. 2026-08-10
    days on market $206,000 Active 76 DOM
40. 2026-08-09
    days on market $206,000 Active 75 DOM
41. 2026-08-08
    days on market $206,000 Active 74 DOM
42. 2026-08-07
    remarks 699-char remark
43. 2026-08-06
    days on market $206,000 Active 72 DOM
44. 2026-08-05
    days on market $206,000 Active 71 DOM
45. 2026-08-04
    days on market $206,000 Active 70 DOM
46. 2026-08-03
    days on market $206,000 Active 69 DOM
47. 2026-07-31
    days on market $206,000 Active 66 DOM
48. 2026-07-30
    days on market $206,000 Active 65 DOM
49. 2026-07-30
    days on market $206,000 Active 64 DOM
50. 2026-07-28
    days on market $206,000 Active 63 DOM

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 6/10 Major 7 d/yr ≥104°F today · 17 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 27% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $20,082
• − Mortgage interest: −$11,203
• − Property taxes: −$3,000
• − Insurance: −$1,000
• − Repairs & maintenance: −$1,607
• − Management: −$1,607
• − HOA: −$3,000
• − Depreciation: −$5,818
• Taxable loss: −$7,152
• Est. tax savings @ 24.0%: +$1,717
• After-tax cash flow: $-2,004/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Condition & rehab AI · 25 photos

Good 80/100 Cosmetic rehab Est. rehab $5,020–$15,060 screening

This townhome is in good condition with recent updates and a good curb appeal. It's move-in ready and would benefit from fresh paint and new curtains.

Value-add opportunities

• Resale paint — Fresh paint can make a home more appealing ↑
• Resale curtains — New curtains can enhance the home's curb appeal ↑

ⓘ Rehab cost is a screening estimate — Cosmetic scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.

F Composite school gradezoned avg 26/100

Zoned Schools

Elementary Hickory Grove Elementary F NC #1,315/1,410 Nat'l #36,161/41,679 High Garinger High School F NC #424/535 Nat'l #9,405/17,239

Schools (NCES district)

• District: Charlotte-Mecklenburg Schools
• NCES district ID: 3702970
• Math proficiency: 42% ▼ -6.00%
• Reading proficiency: 46% ▲ 1.00%
• Median HH income: $57,175
• Composite: 38.49/100
• National rank: #4183
• State rank: #85 of 178 in NC

B Composite livability gradescore 78/100

Livability — Charlotte

• Score: 78/100
• State rank: #26
• US rank: #2502

Category grades

Amenities A+ Commute A+ Cost of living B Crime F Employment B- Housing A+ Health & safety A+ User ratings F

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Charlotte, NC
• County: Mecklenburg County · 1,305,740 people
• City population: 920,422
• Metro: Charlotte-Concord-Gastonia, NC-SC
• Population (ZIP): 60,482
• Household income: $77,115
• Rent vs Own: 29.8% rent · 70.2% own
• Severe rent burden: 10% of renters

---

Population outlook (Mecklenburg County) Hauer SSP2

• Today (2025): 1,305,740 people
• By 2030: 1,442,752 · +10.5%
• By 2040: 1,722,441 · +31.9%
• By 2050: 1,999,450 · +53.1%
• By 2075: 2,642,495 · +102.4%
• By 2100: 3,106,755 · +137.9%

---

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.69)
• Race & ethnicity: White 43% Black 29% Hispanic / Latino 19% Two or more races 8% Asian 5%
• Hispanic origin (detail): Mexican 8% Puerto Rican 2%
• Common ancestry: Slovak 2% Serbian 2% Scotch-Irish 1%
• Foreign-born: 17% · Canada, Philippines, Vietnam
• Languages at home: 76% English-only · Spanish 17% Other Indo-European 2% Other Asian/Pacific 1%

---

Political lean MEDSL · Mecklenburg

• 2024 margin: Solid D (+32.9) · D 65.6% · R 32.7% · Other 1.6%
• 2008→2024 swing: +8.5pp toward D · 2008: 24.4pp · 2024: 32.9pp
• All cycles: 2024: D+32.9 2020: D+35.1 2016: D+29.9 2012: D+22.5 2008: D+24.4

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -281.74%
• Current HPI: 257.0678
• Rent YoY: ▲ 2.70%
• Metro: Charlotte-Concord-Gastonia, NC-SC
• State GDP YoY: ▲ 3.28%
• F500 in state: 26

---

Industry mix (Fortune 500 HQ in NC)

Industry	F500 HQs	Revenue
▸Financial Services	2	$213B
▸Retail	2	$95B
▸Industrial Conglomerate	1	$38B
▸Metals / Steel	1	$35B
▸Utilities	1	$30B
▸Industrial Machinery	1	$19B

Property features AI

Finance

• HOA & community: Has HOA (mandatory)Managed by Cedar Management CompanyHOA fee $250 monthly

Exterior

• Parking: Assigned parking
• Utilities: City waterPublic sewerCable connectedElectricity connected
• Home design: Residential townhouseTwo levelsSite-built constructionVinyl exteriorSlab foundation
• Construction: Vinyl constructionSite-builtSlab foundation
• Exterior features: PatioLawn maintenanceRoads are asphalt and pavedPublicly maintained road

Interior

• Kitchen: DishwasherElectric rangePlumbed for ice makerGas water heater
• Bedrooms: 2 bedrooms on the upper level
• Flooring: CarpetVinyl
• Bathrooms: 1 full bath (upper level)1 half bath (main level)
• Heating & cooling: Heat pump with natural gasCentral air conditioning
• Interior features: 8 total roomsSliding doorsEntry level is first floor
• Laundry & utility: Laundry in kitchenLaundry closet

Price history

1 event — show timeline

• 2026-05-26 Listed $210,000 CANOPYMLS as Distributed by MLS Grid