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Commission Accomplished

The highest- and lowest-priced single-family home sales in the Charlotte area from February 15 to 21, 2012

HIGHEST

Copyright 2012 CMLS Inc

19011 Mountainview Drive, Cornelius

Sold price: $2.2 million

Square footage: 7,102

Jill Lake, a Keller Williams agent, said selling this waterfront home was a little tougher than she expected.

“I didn’t do anything special to make the sale happen,” said Lake, who was the listing and selling agent for the home. “It was just the right moment.”

The right moment didn’t come right away, though. Lake said she took on the listing in March 2011, so it was on the market for almost 12 months just with her. And she wasn’t the first agent who tried to sell it.

“It sat there and sat there and sat there,” she said. “And then in December, we had two buyers show interest within just a couple days of each other.”

The home wasn’t empty. Builder Sam Marshall, whose Cornelius-based Marshall Building Co. built the home in 2005, was living there with his family.

Lake declined to disclose the buyer’s name.

“The fixtures are all from Europe, and it is a beautiful but not ostentatious home,” Lake said. “They were living in it since it was built and just hoping to sell. It has a great atmosphere and the whole home is just so enticing because the builder is a perfectionist.”

Lake said she thinks the market is turning around in the Lake Norman area. She said she’s seeing more interested buyers at all levels, not just in the luxury market.

LOWEST

Copyright 2012 CMLS Inc

905 Sixth Ave., Gastonia

Sold price: $7,250

Square footage: 816

Gaston County’s real estate market has been hit harder than some other counties in the Carolina Multiple Listing Services area, according to Phil Wylies.

The sale of 905 Sixth Ave. is evidence of the market’s woes in Gaston County, he said.

But Wylies, the listing and selling agent for 905 Sixth Ave., said he’s seeing evidence that smart investors are buying real estate now with plans to make a profit later.

Wylies, an agent with Coldwell Banker Black and Whisnant Properties, said the buyer of the house — he would not disclose the name — told him they plan to purchase many properties with cash in the Gastonia area.

“This house sold as a cash sale primarily because the home needs gutting and remodeling,” Wylies said. “We had the home on the market for about 90 days, but once these buyers saw it and became interested the deal itself only took about two days to complete.

“They’re going to renovate a lot of these homes and then start renting them out since the rental market is so hot right now.”

He said he didn’t do anything out of the ordinary to sell the house.

“We did reduce the price two times, but that doesn’t seem to be what made these buyers pay attention,” he said. “They just decided to move forward with their plan to buy rentals and just happened to notice our listing.”

A look at the highest-priced sales in other Charlotte-area counties:

Alexander County
135 Deerfield Estates Lane, Sony Point
Sold price: $142,000
Square footage: 1,450

Cabarrus County
810 Langley Road, Concord
Sold price: $300,000
Square footage: 3,194

Gaston County
701 Lois Lane, Gastonia
Sold price: $177,000
Square footage: 2,041

Iredell County
111 Thurstons Way, Mooresville
Sold price: $1.3 million
Square footage: 7,892

Lincoln County
7270 Bradberry Lane, Denver
Sold price: $179,500
Square footage: 1,815

Mecklenburg County
6511 Pembry Links Circle, Charlotte
Sold price: $790,000
Square footage: 6,230

Montgomery County
106 Walnut Circle, Badin Lake
Sold price: $60,000
Square footage: 1,530

Stanly County
22278 Oakwood Road, Albemarle
Sold price: $425,000
Square footage: 3,676

Union County
3818 Washaw Marvin Road, Waxhaw
Sold price: $490,000
Square footage: 7,520

Home sales data and photos are copyright 2012 Carolina Multiple Listing Services Inc.

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