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2721 Grain Mill Ln, Charlotte, NC, 28214

4beds
3baths
1,494sqft
$286,000
$191price/sqft
$1,939/moest. monthly cost
$77,560/yrincome needed

About This Home

INVESTORS ONLY. TENANT IN PLACE UNTIL FEBRUARY 28, 2027. FEW STEPS TO THE POOL!! Kitchen Remodel featuring white counter tops and sink and recently replaced stainless steel appliances. New Photos soon. Updated with fresh paint, light fixtures, and more. Private side yard. Patio off of the master suite on main level. It is a beautiful 4 bedroom end unit townhome located in Cedar Mill community conveniently located to the Airport, downtown, White Water Center, and a dozen parks. Perfect Roommate Situation as well with large Bedroom upstairs and Downstairs with full baths.

Getting Around

1
WalkingCar-Dependent
23
TransitMinimal Transit
19
BikeSomewhat Bikeable

Schools

3/10
River Oaks AcademyGrades PK-51.3 mi
9/10
Coulwood MiddleGrades 6-81.5 mi
2/10
West Mecklenburg HighGrades 9-123.2 mi

Construction

Condition

  • Year built: 2007

Materials

  • Foundation: Slab
  • Construction materials: Vinyl

Type & Style

  • Home type: Townhouse
  • Property subType: Townhouse

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Electric Oven,Electric Range,Microwave,Refrigerator,Self Cleaning Oven
  • Laundry features: Laundry Closet

Bathroom Full

  • Level: Main

Bathroom Full

  • Level: Upper

Bathroom Half

  • Level: Main

Bedroom S

  • Level: Upper

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1
  • Main level bedrooms: 1

Features

  • Window features: Insulated Windows
  • Flooring: Hardwood
  • Fireplace features: Family Room
  • Finished area below ground: 0
  • Finished area above ground: 1,494

Heating & Cooling

  • Heating features: Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,494
  • Total interior livable area: 1,494 sqft

Primary Bedroom

  • Level: Main

Property

Details

  • Parcel number: 03105540
  • Zoning: MX-2(INNOV)
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Entry location: Main
  • Pool features: Community
  • Patio & porch: Front Porch,Patio

Lot

  • Lot size: 0.04 Acres
  • Features: End Unit

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

  • 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 $1,446$17,352
Home Insurance *$105$1,260
Property Taxes $188$2,256
Electricity $200$2,405
Total$1,939$23,268
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$66,480/yr
40% on housing$58,170/yr
45% on housing$51,706/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

$191This listing

vs Other Active Listings

Avg $/sqft

ZIP 28214$159
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
2026-05-19Listed for sale$286,000
2026-02-24Listing removed$1,685
2026-01-20Price change$1,685
2025-12-12Price change$1,725
2025-11-24Listed for rent$1,775
2024-10-26Listing removed$1,925
2024-10-25Price change$1,925
2024-10-08Price change$1,975
2024-10-03Price change$2,050
2024-09-24Price change$2,100
2024-08-15Price change$2,150
2024-07-29Listed for rent$2,225
2024-07-08Sold$305,000
2024-05-30Listed for sale$309,900
2019-04-13Listing removed$1,275
2019-04-10Price change$1,275
2019-03-21Listed for rent$1,300
2017-02-20Listing removed$140,000
2017-02-19Listed for sale$140,000
2015-05-29Listing removed$1,200
2015-03-14Listed for rent$1,200
2013-08-08Listing removed$1,195
2013-07-30Listed for rent$1,195
2007-11-21Sold$134,500

For Sale by Agent

AgentKatherine Hansen
BrokerageSouthern Homes of the Carolinas, Inc

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