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11005 Graduate Ln, Charlotte, NC, 28262

4beds
4baths
1,286sqft
$309,000
$240price/sqft
$2,082/moest. monthly cost
$83,280/yrincome needed

About This Home

Part of an 11 unit portfolio for sale. This unit is currently occupied by tenants until July 15th 2027 but can be purchased now. The total rent being paid is $2575/month. * Granite Countertops * Newer Stainless steel kitchen appliance * Washer and Dryer included in your unit *Updated floors and ceramic tile **Tenant requires 24 hour notice before showing.

Getting Around

50
WalkingCar-Dependent
38
TransitSome Transit
53
BikeBikeable

Schools

5/10
5/10
James Martin MiddleGrades 6-82.6 mi
3/10

Construction

Condition

  • Year built: 1996

Materials

  • Foundation: Slab
  • Construction materials: Aluminum,Vinyl

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Dishwasher
  • Laundry features: In Hall

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4
  • Full bathrooms: 4
  • Main level bedrooms: 4

Features

  • Finished area below ground: 0
  • Finished area above ground: 1,286

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,286
  • Total interior livable area: 1,286 sqft

Primary Bedroom

  • Level: Main

Property

Details

  • Parcel number: 05133522
  • Zoning: res
  • Special condition: Subject to Lease

Features

  • Levels: One
  • Stories: 1
  • Entry location: Main

Lot

  • Lot size: 0.01 Acres

Parking

  • Parking features: Parking Lot

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Tornado

FEMA Declared Disasters in Mecklenburg County and North Carolina

Flood
Hurricane
Mud Landslide
Severe Storm
Tropical Depression
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,562$18,744
Home Insurance *$143$1,716
Property Taxes $177$2,124
Electricity $200$2,405
Total$2,082$24,984
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$71,382/yr
40% on housing$62,460/yr
45% on housing$55,520/yr

North Carolina FAIR Plan Programs

North Carolina Joint Underwriting Association - FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

NCIUA - Coastal Property Insurance Pool (CPIP)

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 235,990Commercial: 10,165
Total Premiums$278.20M
Total Exposure$57.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 12.8%
12.8%
0%30.0%
Electricity Growth Rate10-year average: 4.0%
4.0%
0%15.0%
Property Taxes Growth Rate2-year average: 0.8%
0.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$240This listing

vs Other Active Listings

Avg $/sqft

ZIP 28262$175
Mecklenburg County$237

vs Homes Sold Last Month

Median $/sqft

ZIP 28262$196
Mecklenburg County$238

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-01Listed for sale$309,000

For Sale by Agent

AgentJason Noblitt
BrokerageDickens Mitchener & Associates Inc

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