Condo / High-rise home in Charlotte, NC
This Condo condo in Charlotte, NC offers 2 bedrooms and 2 bathrooms across 1,086 square feet. The Condo styling carries through the home's design.
| Price | $123,000 |
|---|
| Beds | 2 |
|---|
| Baths | 2 |
|---|
| Sqft | 1086 |
|---|
| Architectural style | Condo / High-rise (79% match) |
|---|
| Address | 2020 Stoney Point Ln, Charlotte, NC 28210 |
|---|
Why buy this home
- Confirmed Condo / High-rise architecture, matched from the listing photos by Enzo's vision model.
- Links directly to the original source listing on Trulia.
Is this a good buy?
Priced below comparable homes.
- At $123K, this home is 63% below the $337K median for 200 similar Condo / High-rise homes in Charlotte, NC.
- That works out to $113 per square foot, 63% below the $306 comparable rate.
- On the market 21 days.
| This home | $123,000 |
|---|
| Condo / High-rise median in Charlotte, NC | $336,750 (200 homes) |
|---|
| Price per sq ft | $113 vs. $306 comps median |
|---|
It is well below comparable homes, which can mean condition issues, a smaller lot or living area, a leasehold, or a data quirk. Check the source listing before getting excited. Enzo's reads public listing data and links to the original source. Confirm condition, HOA, taxes and fees there. This is a signal, not advice.
What it costs to own
Estimated at $803/month with 20% down at a 7.28% 30-year fixed rate. You would need about $34,433 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $673/mo |
|---|
| Property tax (new-buyer reassessed rate) | $84/mo |
|---|
| Homeowners insurance | $46/mo |
|---|
| Total monthly | $803/mo |
|---|
| Down payment (20%) | $24,600 |
|---|
| Income needed | $34,433/yr |
|---|
A signal to compare homes, not financial advice or a loan offer.
Financial outlook (modeled)
Enzo's grades this home B (71 out of 100) over a 5-year hold, from a Monte-Carlo of local home-price dynamics and the interest-rate path versus renting.
| Grade | B (71/100) |
|---|
| Beats renting in | 28% of modeled paths |
|---|
| Modeled 5-yr equity (median) | $69,670 |
|---|
| Range (10th to 90th pct) | $43,794 to $99,782 |
|---|
A probabilistic model built on public data (Zillow ZHVI, FRED rates), not a guarantee or financial advice. Local price dynamics are pooled toward Charlotte, NC where local data is thin.
Local home values
Typical home values in Charlotte, NC have risen about 22% over the past 5 years (-1% in the last year), per the Zillow Home Value Index. This reflects the metro market, not this specific home.
View this home on Trulia