Back 7248 Cormwell Lane
Off Market

7248 Cormwell Lane

Charlotte NC 28217

3
2
1464 sq. ft.
0.27 ac.
Single-Family
Last sold for $245,000
Christie HalcombChristie Halcomb, last sold this property on 01 December 2023 after 50 days on market.

Overview

A great opportunity to own inside the beltway and Charlotte city limits with quick access to 485/77! This "as-is" fixer upper, investor special is an excellent choice for a handyman willing to put in the work to make it shine. Featuring three bedrooms and two full baths, NEW HVAC (2021), NEW ELECTRIC (2022), and HOT WATER HEATER (2019). This home has good bones but needs some cosmetic TLC and minor repairs. A large, partially fenced lot on a quiet street situated perfectly for a commute into the city or a quick ride to Lake Wylie. Don't miss out!

Features

3 bedrooms
2 bathrooms
1464 sq. ft. floor area
0.27 ac. lot size
Single-Family

Estimated Value

Based on this property and similar 3 bedroom single-family properties sold in Charlotte over the last 12 months, the estimated median property value of 7248 Cormwell Lane is $325k.

Median value
$325k
Estimated value range
$195k - $595k
Median days on market
18
Estimated value trend
-1%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Charlotte. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 7248 Cormwell Lane

2023
Sold
$245,000
01 Dec 2023 by Christie Halcomb, of eXp Realty, LLC (E - SR11 - North Carolina)

Happy sellers in Charlotte

85%
85% of sellers in Charlotte reported that their sale price either exceeded or met their price expectations.

Charlotte stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in Charlotte over the last 12 months.

Local market activity for 3 bedroom single-family properties in Charlotte

In the last 12 months, 72 three-bedroom single-family properties similar to 7248 Cormwell Lane, have been sold.

This represents a 22% decrease in three-bedroom single-family properties sales when compared to the previous 12 months.

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