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Home / Features / The highest- and lowest-priced single-family home sales from April 15 to April 21

The highest- and lowest-priced single-family home sales from April 15 to April 21

Highest: 900 Huntington Park Drive, Charlotte

Sold price: $3.6 million

Square feet: 7,294

Listing agent: Valerie Mitchener, Dickens Mitchener & Associates

Selling agent: Scott Russo, The McDevitt Agency

 

When Scott Russo took his buyers to see this five-bedroom, eight-bathroom home in Charlotte, he said there were a lot of things to fall in love with.

900 Huntington Park Drive, Charlotte

“It was built in a kind of European style,” said Russo, a broker with The McDevitt Agency. “It’s a great neighborhood, and it has a fine level of detail with everything in the house. And it has the feel of a generational home where parts of it were built over time despite the fact that the home was built in 2002.”

But Russo said that none of those things were the deciding factor for his buyers – it was the land itself.

“The property just spoke to them,” he said. “It was about the 5 acres of land that came with the home and the 125-year-old trees on that particular property.”

Russo declined to name the buyers. Listing agent Valerie Mitchener did not return calls for comment.

Russo said he expected to see more multi-million dollar sales in the Charlotte area as the luxury market ramps up for a strong recovery.

“I think the energy in the luxury market is robust,” Russo said. “We’re seeing properties in the $2 million plus price points that move rather efficiently. Any of the newer positions coming to the market in that price spectrum are trading out rather quickly. Money is being put to work, and deals are getting done.”

Russo said he worked with the buyers for the Huntington Park property for only about a month before they made an offer.

“Another property just came on the market on Huntington Park, but it offers a smaller home and smaller amount of land for $2.9 million,” he said. “It seems prices are on the up trend, and properties priced well in the luxury format are selling.”

Closing thought: “My advice to my fellow Realtors is to love what you do and take the time to get to know your clients,” Russo said. “I think getting to know your clients allows you to be most efficient for them because many of them don’t have the time to do all of this for themselves.”

 

Lowest: 276 Skyline Drive, Badin Lake

Sold price: $7,000

Square feet: 0

Listing agent: Ramona Ingram, Badin Lake Realty

Selling agent: same

 

Ramona Ingram had a hard time finding any information about the dilapidated structure at this address in Badin Lake.

276 Skyline Drive, Badin Lake

“The house was built in 1962 and it has not been used probably since the 1960s,” said Ingram, a broker with Badin Lake Realty. “I checked with the county, and it was so old there was nothing on record as far as the septic system on the property. The home was uninhabitable.”

But that was no matter for Ingram, who said she mostly tried to market the lakefront lot that came with the home. The 0.13-acre property was the real star of the deal.

“The roof had caved in and there is no value to the house at all,” she said. “I just placed the value on the lot, and I had many calls about it. It did have a good view of the lake.”

Ingram said the house might have attracted buyers who were looking for a fixer-upper, but this structure goes way beyond that. Still, with her emphasis on the property and not the home, she was able to get some offers very quickly, she said.

“We had the listing for four weeks, and we had calls on it the first day,” Ingram said. “It was just one of those situations where people get excited and they see the home and think they can repair it. Most of them hadn’t even come out to look at it, they just saw it on the web.”

Ingram said many of those interested buyers lost interest when they realized how difficult of a repair job the home would represent. She declined to name the eventual buyers, but said they paid cash for the property, and the family was a nearby landowner who would likely use the lot for a storage building near their other lakefront home in the area.

Closing thought: Ingram says there is a buyer for every listing out there – and this sale proves that. “This is about matching the buyer with the listing,” she said. “If you get someone that wants to sell a piece of property, do your very best at getting it out on the market and advertising it for them.”

 

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

 

Alexander County

30 Dula Loop, Taylorsville

Sold price: $112,000

Square feet: 1,540

 

Anson County

815 Wildwood St., Wadesboro

Sold price: $111,500

Square feet: 2,500

 

Cabarrus County

3176 Keady Mill Loop, Kannapolis

Sold price: $283,000

Square feet: 4,275

 

Gaston County

105 Beech Bluff Drive, Mount Holly

Sold price: $405,100

Square feet: 3,500

 

Iredell County

197 Brownstone Drive, Mooresville

Sold price: $1.175 million

Square feet: 6,584

 

Lincoln County

4440 Lake Shore Road, Denver

Sold price: $488,000

Square feet: 2,414

 

Mecklenburg County

1869 Queens Road, Charlotte

Sold price: $1.57 million

Square feet: 5,250

 

Stanly County

32694 Chapel Road, Norwood

Sold price: $135,000

Square feet: 1,375

 

Union County

1406 Venetian Way, Waxhaw

Sold price: $1.06 million

Square feet: 7,839

 

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