Investment Potential for 11825 Ridgeway Park Dr

Property Appreciation
property appreciation
This appreciation forecast is based on proprietary algorithms utilizing publicly available historical market data. Appreciated property values are inherently uncertain and actual appreciation of a property can differ materially for a wide variety of reasons. Learn More.

Last Sale Amount

$181,000

Sold September 17, 2020

Assessor Estimated Value

$206,601

Discover more Residential Condominiums in Ballantyne West.

See Recommended Properties

Long-Term
Rental Income
rental income
This estimate is computed using a proprietary model. It is a starting point in determining the potential rental income for a property. Learn More.

Gross Rental

$20,400 per year($1,700 per month)

$****View Operating Expenses

Net Operating Income

$*****View Net Operating Income

Cap Rate

—

Occupancy Rate

95%in 28277 zip code

View Rental Potential

Owners & Occupancy for 11825 Ridgeway Park Dr

No contact information is available.

Number of Residents

1

Occupancy

Resident 1

************* age 88

Property Details for 11825 Ridgeway Park Dr

Estimated Mortgage Balance

$********

View Mortgage Info

Property Age

20 years

(Remodeled 2010)

1 year newer than neighborhood median

Property Details

Property Sq Ft

Living Area

1,009 sq ft

14% below market

Property Information

Property condition, age, exterior, etc. for 11825 Ridg…

Land & Location Information

Longitude: -80.857059 Latitude: 35.028256 Parcel Number (APN): 223-516-25…

Mortgage Information

Mortgage originated on through lender: Wells Fargo Bk Na for$******View Mortgage Details

Recommended Properties in Ballantyne West

Discover more residential condominiums near 11825 Ridgeway Park Dr in Charlotte, North Carolina. Get property details like ownership length, owner age, and occupancy status to help you find the best real estate opportunities in this neighborhood.

High Demand Long-Term Rental
$488K - $532K
Est. Value
16216 Frostwatch Cir, Charlotte, NC 28277
4 beds · 2 baths · 2,140 sq ft · Last Sold: $346,500 in 2017 · Built: 2016
Owner Age 65 - 75
$286K - $310K
Est. Value
14207 Quartz Ln, Pineville, NC 28134
3 beds · 2 baths · 1,204 sq ft · Last Sold: $253,000 in 2021 · Built: 1990
Large Lot Advantage
$627K - $678K
Est. Value
10529 Sutherby Dr, Charlotte, NC 28277
4 beds · 2 baths · 2,918 sq ft · Last Sold: $383,000 in 2011 · Built: 1999
Owned for 5 - 10 Years
$456K - $489K
Est. Value
15113 Strathmoor Dr, Charlotte, NC 28277
3 beds · 2 baths · 2,329 sq ft · Last Sold: $310,000 in 2018 · Built: 1998
Valued below Market Median
$323K - $346K
Est. Value
13215 Baker Mills Rd, Pineville, NC 28134
3 beds · 2 baths · 1,490 sq ft · Last Sold: $137,000 in 2004 · Built: 1990
High Demand Long-Term Rental
$352K - $386K
Est. Value
15643 Sir Charles Pl, Charlotte, NC 28277
3 beds · 3 baths · 2,160 sq ft · Last Sold: $213,000 in 2019 · Built: 2002
Owned for Less Than 5 Years
$532K - $590K
Est. Value
13934 Ballantyne Meadows Dr, Charlotte, NC 28277
4 beds · 3 baths · 2,436 sq ft · Last Sold: $520,000 in 2021 · Built: 1998
High Demand Long-Term Rental
$310K - $337K
Est. Value
15748 Kensington Palace Ln, Charlotte, NC 28277
2 beds · 2 baths · 1,920 sq ft · Last Sold: $227,000 in 2018 · Built: 2006
Valued above Market Median
$514K - $561K
Est. Value
13935 Ballantyne Meadows Dr, Charlotte, NC 28277
3 beds · 2 baths · 2,368 sq ft · Last Sold: $372,000 in 2019 · Built: 1998
Valued below Market Median
$341K - $363K
Est. Value
15313 Lavista Way, Charlotte, NC 28277
3 beds · 2 baths · 1,658 sq ft · Last Sold: $154,000 in 2006 · Built: 2000
High Demand Long-Term Rental
$318K - $340K
Est. Value
14028 Castle Abbey Ln, Charlotte, NC 28277
3 beds · 2 baths · 1,448 sq ft · Last Sold: $188,500 in 2007 · Built: 2007
High Demand Long-Term Rental
$406K - $434K
Est. Value
11242 Blue Cedar Ln, Charlotte, NC 28277
4 beds · 2 baths · 1,829 sq ft · Last Sold: $451,500 in 2023 · Built: 1999
Owned for 5 - 10 Years
$500K - $534K
Est. Value
11843 Clems Branch Dr, Charlotte, NC 28277
3 beds · 2 baths · 2,451 sq ft · Last Sold: $395,100 in 2018 · Built: 2018
High Demand Long-Term Rental
$279K - $300K
Est. Value
15504 Stronvar House Ln, Charlotte, NC 28277
2 beds · 1 baths · 1,600 sq ft · Last Sold: $167,000 in 2006 · Built: 2004
Owned for 15 - 25 Years
$423K - $450K
Est. Value
11603 Kingsley View Dr, Charlotte, NC 28277
3 beds · 2 baths · 2,483 sq ft · Last Sold: $236,000 in 2006 · Built: 2004
Large Lot Advantage
$434K - $463K
Est. Value
11715 Royal Castle Ct, Charlotte, NC 28277
3 beds · 2 baths · 1,960 sq ft · Last Sold: $260,000 in 2017 · Built: 2004
Valued below Market Median
$372K - $412K
Est. Value
12523 Woodside Falls Rd, Pineville, NC 28134
5 beds · 2 baths · 2,364 sq ft · Last Sold: $475,000 in 2023 · Built: 1988
Owned for 15 - 25 Years
$634K - $682K
Est. Value
10458 Gunnison Ln, Charlotte, NC 28277
4 beds · 2 baths · 2,972 sq ft · Last Sold: $274,500 in 2001 · Built: 2001
Owned for 15 - 25 Years
$557K - $603K
Est. Value
15220 Birchfield Ct, Charlotte, NC 28277
4 beds · 2 baths · 2,972 sq ft · Last Sold: $298,000 in 2009 · Built: 2008
Owner Age Above 75
$430K - $465K
Est. Value
14103 Wilford Ct, Charlotte, NC 28277
3 beds · 2 baths · 1,955 sq ft · Last Sold: $223,000 in 2003 · Built: 2003

Market Benchmarks

Compare data for 11825 Ridgeway Park Dr in Mecklenburg County to the median in the neighborhood area and surrounding markets, where available.

View neighborhood benchmarks

Property

Neighborhood

Difference

State

Difference

—

YoY Price Change

—

Year Built

2005

2004

1 year

1988

17 years

Living Space

1,009 sq ft

1,177.5 sq ft

-168 (-14%)

1,088 sq ft

-79 (-7%)

$ Per Living Sq Ft

—

Lot Size

—

$ Per Lot Sq Ft

—

Long-Term Rental
rental income
This estimate is computed using a proprietary model. It is a starting point in determining the potential rental income for a property. Learn More.

Net Operating Income

$*****

$***** (****%)

$16,820

-$892 (-5%)

Annual Revenue

$20,400

$22,200

-$1,800 (-8%)

$21,600

-$1,200 (-6%)

$****

$******

$**** (****%)

$4,646

-$174 (-4%)

Net Operating Income

$*****

$***** (****%)

$16,820

-$892 (-5%)

Cap Rate

—

View Neighborhood Data

Home Value Comparison

Home Value Comparison: Property vs. Local and Regional 2-Bed Residential Condominium Medians

Property Condition	*******View Condition
Property Type	Residential Condominium
Total Bedrooms	2
Total Bathrooms	2
Year Built	2005
Building Sq Ft	1,009 sq ft
Living Space	1,009 sq ft
Ground Floor	1,009 sq ft
Heating / Fuel	Hot Air
Air Conditioning	Central A/C

Loan Amount	$******
Lender	Wells Fargo Bk Na
Origination Date	September 17, 2020
Interest Rate	****%
Term	30 Years
Rate Type	Fixed
Est Balance	$********
Due Date	****************

APN	223-516-25
Census Tract	0058571000
Municipality	Charlotte
County	Mecklenburg
Subdivision	Copper Rdg Condo
Neighborhood	Ballantyne West
Longitude / Latitude	-80.857059 / 35.028256

11825 Ridgeway Park Dr Charlotte, NC 28277

investment intelligence

Investment Potential for 11825 Ridgeway Park Dr

property appreciation

Last Sale Amount

$181,000

Assessor Estimated Value

$206,601

rental income

operating expenses

Owners & Occupancy for 11825 Ridgeway Park Dr

Number of Residents

1

Occupancy

Property Details for 11825 Ridgeway Park Dr

Estimated Mortgage Balance

Property Age

20 years

(Remodeled 2010)

Property Details

Property Sq Ft

Living Area

Property Information

Land & Location Information

Mortgage Information

Recommended Properties in Ballantyne West

$488K - $532K

Est. Value

16216 Frostwatch Cir, Charlotte, NC 28277

4 beds · 2 baths · 2,140 sq ft · Last Sold: $346,500 in 2017 · Built: 2016

$286K - $310K

Est. Value

14207 Quartz Ln, Pineville, NC 28134

3 beds · 2 baths · 1,204 sq ft · Last Sold: $253,000 in 2021 · Built: 1990

$627K - $678K

Est. Value

10529 Sutherby Dr, Charlotte, NC 28277

4 beds · 2 baths · 2,918 sq ft · Last Sold: $383,000 in 2011 · Built: 1999

$456K - $489K

Est. Value

15113 Strathmoor Dr, Charlotte, NC 28277

3 beds · 2 baths · 2,329 sq ft · Last Sold: $310,000 in 2018 · Built: 1998

$323K - $346K

Est. Value

13215 Baker Mills Rd, Pineville, NC 28134

3 beds · 2 baths · 1,490 sq ft · Last Sold: $137,000 in 2004 · Built: 1990

$352K - $386K

Est. Value

15643 Sir Charles Pl, Charlotte, NC 28277

3 beds · 3 baths · 2,160 sq ft · Last Sold: $213,000 in 2019 · Built: 2002

$532K - $590K

Est. Value

13934 Ballantyne Meadows Dr, Charlotte, NC 28277

4 beds · 3 baths · 2,436 sq ft · Last Sold: $520,000 in 2021 · Built: 1998

$310K - $337K

Est. Value

15748 Kensington Palace Ln, Charlotte, NC 28277

2 beds · 2 baths · 1,920 sq ft · Last Sold: $227,000 in 2018 · Built: 2006

$514K - $561K

Est. Value

13935 Ballantyne Meadows Dr, Charlotte, NC 28277

3 beds · 2 baths · 2,368 sq ft · Last Sold: $372,000 in 2019 · Built: 1998

$341K - $363K

Est. Value

15313 Lavista Way, Charlotte, NC 28277

3 beds · 2 baths · 1,658 sq ft · Last Sold: $154,000 in 2006 · Built: 2000

$318K - $340K

Est. Value

14028 Castle Abbey Ln, Charlotte, NC 28277

3 beds · 2 baths · 1,448 sq ft · Last Sold: $188,500 in 2007 · Built: 2007

$406K - $434K

Est. Value

11242 Blue Cedar Ln, Charlotte, NC 28277

4 beds · 2 baths · 1,829 sq ft · Last Sold: $451,500 in 2023 · Built: 1999

$500K - $534K

Est. Value

11843 Clems Branch Dr, Charlotte, NC 28277

3 beds · 2 baths · 2,451 sq ft · Last Sold: $395,100 in 2018 · Built: 2018

$279K - $300K

Est. Value