1005 Ribbon Ln, Charlotte, NC, 28205

$295,000

Home List Price

$3,503*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
1,549 SqFt
$190/SqFt
Townhouse

Location

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1005 Ribbon Ln, Charlotte$295,000

Buyer Closing Credits

$3,503*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
ParkingAttached Garage
Attached GarageYes
Year BuiltNew Const., 2024
HeatingElectric, Heat Pump
CoolingCentral Air
BasementYes
MLS #4162640
StatusSale Pending
(Pending)

About 1005 Ribbon Ln

Welcome to Aveline at Orange Street! This community of 18 townhomes offers affordable living in the heart of Charlotte. You can’t get a more central location! Aveline at Orange Street is located in the historic Grier Heights community, less than 10 minutes from Uptown Charlotte, across the street from the Mint Museum Randolph and Eastover Park. This end-unit townhome includes an attached 2-car garage, open kitchen / living, large kitchen island with granite counters, maple cabinetry, stainless steel appliances, 3 bedrooms / 2 and a half bathrooms, including a primary suite with walk-in closet and dual vanities in bath. PLEASE NOTE: These townhomes are ONLY available to buyers whose household income does not exceed 80% of the Area Median Income (AMI). Must be primary occupant - NO investors. Down Payment assistance available to eligible buyers. Homes are scheduled for completion in Fall of 2024!

Property Details

Property Features

Property Information:

  • Year Built: 2024
  • Living Area: 1,549 SqFt

Listing Office:

  • Office Name: Helen Adams Realty
  • Office Email: izzy@helenadamsrealty.com

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Electric Oven, Electric Range, Electric Water Heater, Microwave
  • Basement: Yes
  • Interior: Attic Stairs Pulldown

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Attached Garage: Yes
  • Parking: Attached Garage

Utilities

Utilities Information:

  • Heating: Electric, Heat Pump
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From Center City, drive South on Randolph Rd. Turn left onto Sam Drenan Rd. Turn left onto Randolph Heights Drive. Turn right onto Acclaim. This community is located behind the Briar Creek Medical Office Buildings.

Price Information

Listing Price Info

Price Summary:

  • List Price: $295,000
  • Price Per SqFt: $190/SqFt

HOA Fees:

  • Amount: $210
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Charlotte, NC.

Med. Sold Price

$418.8K

Med. Price/SqFt

$238

Avg. Days On Market

32

# of Sold Homes

862

1005 Ribbon Ln vs Charlotte

95 DAYS ON ROCKET

+63 Days

$295,000

-$123.8K Less

$190/SqFt

-$48 Less

KEY TAKEAWAY

This property is $123.8K less than the Median Sold Price and $48/SqFt less than other homes in Charlotte, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #4162640

Listing Office:

  • Office Name: Helen Adams Realty
  • Office Email: izzy@helenadamsrealty.com

IDX Listings courtesy of Canopy MLS as distributed by MLS GRID.

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/10/2024, 4:21:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$1,750

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$951

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-829755
6
/10
  • Governor's Village STEM Academy Lower

  • 7910 Neal Rd

  • 1.50 miles

  • Public Magnet Grades KG-4

school-card-donut-829756
4
/10
  • Winding Springs Elementary School

  • 6601 Horace Mann Rd

  • 1.63 miles

  • Public District Grades PK-5

school-card-donut-829757
6
/10
  • Hidden Valley Elementary School

  • 5100 Snow White Ln

  • 2.29 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $42,830. The most common annual income of people living in Charlotte, NC is between $35k-100k. Most families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Charlotte, NC

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Charlotte, NC?

Charlotte's housing market is diverse, offering a range of options from high-rise apartments in the bustling Uptown area to spacious single-family homes in the quieter suburban neighborhoods. The architectural styles vary widely, with a mix of historic homes in areas like Myers Park, to contemporary new builds in the expanding outskirts. The market is dynamic, with a homeownership rate that reflects a healthy balance between owners and renters.

Is Charlotte, NC a good place to live?

Charlotte is celebrated for its vibrant mix of urban and suburban living, providing residents with a cosmopolitan atmosphere alongside pockets of peaceful residential areas. The city prides itself on its strong sense of community, with numerous local events and festivals throughout the year that highlight its cultural diversity and Southern hospitality.

Are things conveniently located in Charlotte, NC?

The community is served by a robust educational system, including a variety of public and private schools, catering to all levels of education. Healthcare is readily accessible, with several major hospitals and clinics offering a range of specialized services. Public libraries are well-distributed, supporting the community's educational needs. Retail and dining options are plentiful, reflecting the local culture with a blend of international cuisines and traditional Southern eateries.

What does the transportation in Charlotte, NC look like?

Charlotte's transport infrastructure is comprehensive, with a focus on both private and public transit options. The city's layout and road network facilitate easy commuting by car, while the public transportation system, including buses and light rail, offers alternatives for those without vehicles. The city is increasingly catering to cyclists and pedestrians, with ongoing efforts to improve walkability and bikeability in many neighborhoods.

Frequently Asked Questions About 1005 Ribbon Ln

What is the listing price of this property?

The listing price of 1005 Ribbon Ln property is $295,000.

What type of property is this?

The property 1005 Ribbon Ln is a townhouse located in Charlotte, North Carolina, 28205.

Is this property for sale now?

Sale Pending: 1005 Ribbon Ln is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

How many bedrooms and bathrooms does this property have?

The property at 1005 Ribbon Ln has 3 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 1005 Ribbon Ln is 1,549 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1005 Ribbon Ln is 2024.

Rocket HomesNorth CarolinaMecklenburg CountyCharlotte282051005 Ribbon Ln

This home is located at 1005 Ribbon Ln in Charlotte, NC and zip code 28205. This 1,549 square foot home was built in 2024. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since August 07, 2024 and is currently priced at $295,000.

Over 149 listings were sold over their listed price in October 2024 in Charlotte, NC. In the same period over 476 listings were sold below the listed price and 237 listings were sold for the listed price. The inventory of homes for sale in Charlotte, NC between September 2024 and October 2024 increased by 3.6%. In October 2024 median list price was $418,847 and the average listing age was 32 days.

From Rocket Homes Real Estate and based on county public records data.

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