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121 Edgerly Ct, Charlotte, NC, 28214

4beds
3baths
4,327sqft
$470,000
$109price/sqft
$3,228/moest. monthly cost
$129,120/yrincome needed

About This Home

Investor opportunity in Coulwood Hills. Over 4,000 sq ft of solid brick ranch on more than an acre in a quiet cul-de-sac with no known HOA. The home sits outside of flood zone; rear of the property transitions into natural wetlands providing privacy and no rear neighbors. What makes this one special you get just about the same square footage above grade as below. The basement level is a full footprint with its own brick fireplace, full bath, separate entrance, and multiple flex rooms, creating a legitimate opportunity to configure the lower level as a separate living unit or income-producing space. No known HOA means maximum flexibility for how you use it. See AI-generated renovation concepts in listing photos for what this property could become. Bring your contractor and your vision. Cosmetic updates needed throughout including flooring and kitchen. Renovation comps in the area reach $720K Property is being sold as-is seller has never lived in the property. The lower level bathroom had microbial growth when the home was purchased. The previous seller remediated as part of repair negotiations and this seller has since replaced the bathroom drywall with moisture-resistant (Purple) drywall and installed a new vent for proper moisture removal. AI-generated renovation renderings included in photos. Images are conceptual only and do not represent current condition. Buyer to verify all information including flood zone status. This is a limited Service Listing all offers to be presented to sellers. Floor plan shows 2 bedrooms downstairs, however one has no Ingress/Egress so is a flex space Please submit all offers via email to seller's contact: in agent notes in MLS

Getting Around

1
WalkingCar-Dependent
23
TransitMinimal Transit
17
BikeSomewhat Bikeable

Schools

9/10
Paw Creek ElementaryGrades PK-51.2 mi
8/10
Coulwood MiddleGrades 6-80.4 mi
1/10
West Mecklenburg HighGrades 9-124.2 mi

Construction

Condition

  • Year built: 1970

Materials

  • Construction materials: Brick Full

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Electric Range,Electric Water Heater,Refrigerator
  • Laundry features: Electric Dryer Hookup,In Basement,Washer Hookup

Basement

  • Has basement: Yes
  • Basement: Exterior Entry,Finished,Interior Entry,Storage Space,Walk-Out Access

Bathroom Full

  • Level: Main

Bathroom Full

  • Level: Basement

Bedroom S

  • Level: Main

Bedroom S

  • Level: Main

Bedroom S

  • Level: Basement

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 3
  • Main level bedrooms: 3

Bonus Room

  • Level: Basement

Dining Room

  • Level: Main

Family Room

  • Level: Main

Features

  • Finished area below ground: 2,171
  • Finished area above ground: 2,156

Flex Space

  • Level: Basement

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,156
  • Total interior livable area: 4,327 sqft

Kitchen

  • Level: Main

Laundry

  • Level: Basement

Living Room

  • Level: Main

Primary Bedroom

  • Features: En Suite Bathroom
  • Level: Main

Property

Details

  • Parcel number: 03125110
  • Zoning: N1-A
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1

Lot

  • Lot size: 1.09 Acres

Parking

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

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

How This Home’s Risks Compare

Inland Flooding

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 $2,376$28,512
Home Insurance *$173$2,076
Property Taxes $276$3,312
Electricity $403$4,836
Total$3,228$38,736
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$110,674/yr
40% on housing$96,840/yr
45% on housing$86,080/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

$109This listing

vs Other Active Listings

Avg $/sqft

ZIP 28214$160
Mecklenburg County$237

vs Homes Sold Last Month

Median $/sqft

ZIP 28214$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
2026-05-07Listed for sale$495,000
2024-06-21Sold$465,000
2024-06-07Pending sale$500,000
2024-05-24Listed for sale$500,000
2004-08-30Sold$250,000
1998-07-10Sold$168,500

For Sale by Agent

AgentTracee Ellerbe
BrokerageNorthGroup Real Estate LLC

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