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520 Grantham Ln, Charlotte, NC, 28262

5beds
3baths
2,719sqft
$493,000
$181price/sqft
$3,225/moest. monthly cost
$129,000/yrincome needed

About This Home

Looking for modern and extra space? You have found THE ONE! This beautiful 2,700+ sq ft home is located in the sought-after neighborhood of Withrow Downs. The foyer leads to an open-concept floor plan, including formal dining room, family room w/ gas fireplace, dining and kitchen area. Soft-Close shaker style cabinets & hardware accompanied by beautiful granite counter tops and all-stainless appliances to convey. Large pantry w/ built-in shelves. Main floor features a flex room with a full bath next to it that can serve many functions. Also, on main additional room can be ideally used for a home office. 2nd floor showcases a Huge Primary Suite with oversized Dual-Head shower, ample walk-in closet w/built-in closet system. All baths include New Tile, New Toilets, New Quartz Countertop vanities, Shower niches giving them the perfect touch. Three additional generous size bedrooms, excellent closet space in all bedrooms, great for your belongings. Full bath providing plenty of extra-living space. New washer box in laundry. All New Light fixtures throughout including recess lighting. New LVP Waterproof flooring throughout main and New Carpet installed. Freshly Painted with modern colors, ceilings have been resurfaced for a smooth look. Abundance of natural light throughout. This Permitted Renovation Home checks all the boxes perfectly outfitted for family entertaining and gathering in a fantastic location.

Getting Around

10
WalkingCar-Dependent
15
TransitMinimal Transit
12
BikeSomewhat Bikeable

Schools

2/10
Stoney Creek ElementaryGrades K-51.1 mi
5/10
James Martin MiddleGrades 6-84.6 mi
3/10

Construction

Condition

  • Year built: 2003

Materials

  • Foundation: Slab
  • Construction materials: Brick Partial,Vinyl

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Gas Range,Gas Water Heater,Microwave,Refrigerator with Ice Maker,Tankless Water Heater
  • Laundry features: Electric Dryer Hookup,Laundry Room,Washer Hookup

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3
  • Full bathrooms: 3
  • Main level bedrooms: 1

Features

  • Pantry,Walk-In Closet(s)
  • Door features: Screen Door(s)
  • Window features: Insulated Windows
  • Flooring: Carpet,Tile,Vinyl
  • Fireplace features: Family Room
  • Finished area below ground: 0
  • Finished area above ground: 2,719

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,719
  • Total interior livable area: 2,719 sqft

Primary Bedroom

  • Level: Upper

Property

Details

  • Parcel number: 02906466
  • Zoning: MX-2
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Pool features: Community
  • Patio & porch: Patio

Lot

  • Lot size: 0.23 Acres
  • Features: Level

Parking

  • Total spaces: 2
  • Parking features: Attached Garage,Garage on Main Level
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

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

  • Inland Flooding
    Inland FloodingModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Inland Flooding
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 $2,492$29,904
Home Insurance *$228$2,736
Property Taxes $252$3,024
Electricity $253$3,038
Total$3,225$38,700
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$110,571/yr
40% on housing$96,750/yr
45% on housing$86,000/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

$181This listing

vs Other Active Listings

Avg $/sqft

ZIP 28262$174
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
2026-07-22Price change$493,000
2026-06-04Listed for sale$499,900
2026-03-02Sold$361,500
2025-10-31Listing removed$425,000
2025-07-25Listed for sale$425,000
2003-12-05Sold$201,500

For Sale by Agent

AgentJohnny Bhagrattee Guerrero
BrokerageJRBG Realty LLC

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