Neighborhood
7320 Honey Flower Pl, Charlotte, NC 28214
4 beds · 2 baths · 1,522 sq ft · Lot: 10,890 sq ft · Single Family Home · Last Sold: $95K in 2007 · Built: 1983
Est. Value:
$305K
Est. Rent:
$1.8K/month

7320 Honey Flower Pl Charlotte, NC 28214

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4 beds · 2 baths · 1,522 sq ft · Lot Size: 10,890 sq ft · Single Family Home · Wildwood
Est. Property Value: $305,123

Large Lot AdvantageOwned for 15 - 25 YearsOwner Age 65 - 75

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7320 Honey Flower Pl is in the Wildwood neighborhood of Charlotte, NC. It is located in Mecklenburg County and ZIP code 28214. This Single Family Home was built in 1983 and is approximately 42 years old. The single family home spans 1522 sq ft with 4 bedrooms and 2 bathrooms and sits on a 10890 sq ft lot. According to public records, it was last sold in 2007 for $95,000 and has a tax-assessed value of $288,700, which is $200 per sq ft. The Wildwood area of Charlotte has 495 residential homes with an average size of 1997.5 sq ft. Analyze and compare real estate investment strategies for properties like this home at 7320 Honey Flower Pl Charlotte, NC 28214 with Property Intel by Whitepages.

Investment Potential for 7320 Honey Flower Pl

The property has a current estimated value of $305,123, which is 7% below the neighborhood median, based on public records. It last sold on August 13, 2007 for $95K. Projected long-term
is $21,600 annually ($1,800 per month) with a 96% occupancy rate.

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Long-Term

Gross Rental
$21,600 per year($1,800 per month)
Net Operating Income
$*****View Net Operating Income
Cap Rate
****%View Cap Rate
Occupancy Rate
96%in 28214 zip code
 
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Owners & Occupancy for 7320 Honey Flower Pl

This property is owned by Eileen M Sullivan. Owner contact information includes 11 phone numbers and 6 email addresses.

Property Owners

OccupationAdjunct Faculty, Southern New Hampshire University
Cell Phone(517) ***-****View Cell Phone
Residence**************
Landline(704) 399-9258
Distance from Property**********
Email Address**************@gmail.comView Email
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Property Ownership Information

Purchase DateAugust 13, 2007
Property Tax Amount$2,340 in 2024
Purchase Price$95,000

Occupancy

Resident 1***************** age 70
Resident 2********************** age 39

Property Details for 7320 Honey Flower Pl

Property Details

Property Sq Ft

Living Area

1,522 sq ft

24% below market

Lot Size

10,890 sq ft

80% above market

Price Per Sq Ft

Living Area

$200 / sq ft

26% above market

Lot Size Area

$28 / sq ft

48% below market

Property condition, age, exterior, etc. for 7320 Honey…
Longitude: -80.957793 Latitude: 35.26874 Parcel Number (APN): 055-441-63…
Mortgage originated on through lender: Merrill Lynch Credit Corp for$*****View Mortgage Details
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Market Benchmarks

Compare data for 7320 Honey Flower Pl in Mecklenburg County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
$305,123
$439,653
-$134,530 (-31%)
$******
$607,199
-$269,341 (-44%)
YoY Price Change
****%
1.98%
330%
Year Built
1983
2000
-17 years
Living Space
1,522 sq ft
2,660 sq ft
-1138 (-43%)
$ Per Living Sq Ft
$200
$172
$28 (16%)
Lot Size
10,890 sq ft
19,733 sq ft
-8843 (-45%)
$ Per Lot Sq Ft
$28
$31
-$3 (-9%)

Net Operating Income
$*****
$22,858
-$8,705 (-38%)
Annual Revenue
$21,600
$33,000
-$11,400 (-35%)
$****
$9,303
-$1,856 (-20%)
Net Operating Income
$*****
$22,858
-$8,705 (-38%)
Cap Rate
****%
5.11%
—
View Neighborhood Data
Home Value Comparison: Property vs. Local and Regional 4-Bed Single Family Home Medians

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