Property listing for 7111 Flying Scotsman Dr, Charlotte, NC 28213
For SaleTownhome

$250,000

7111 Flying Scotsman Dr, Charlotte, NC 28213

Updated 3-Bed End-Unit Townhome in Newell Crossing — Move-In Ready

3 Bed · 2.5 Bath · 1,440 Sq Ft

End-unit townhome with fresh updates and two assigned parking spaces

3

Beds

2.5

Baths

1,440

Sq Ft

2002

Built

0.033 acres

Lot

No garage; two assigned surface parking spaces

Garage

About 7111 Flying Scotsman Dr

This end-unit townhome at 7111 Flying Scotsman Drive stands out for privacy and recent, tasteful updates. Built in 2002 and refreshed with new flooring and a coat of neutral paint, the home offers 1,440 square feet across two stories with a practical layout tailored for everyday living. The end-unit position brings added windows and separation from neighbors, while the compact, low-maintenance yard frees you from weekend chores and lawn equipment.

Inside, the living areas feel clean and ready — updated floors flow through shared spaces and the palette is move-in ready. The functional floor plan includes three bedrooms and two full bathrooms upstairs plus a convenient half-bath on the main level. Mechanical systems include central heating and air and a composition shingle roof; there is no basement or attached garage. Two assigned surface parking spots sit just steps from your entry, a useful convenience for families, commuters, or investors targeting student rentals.

Location is a standout feature: Newell Crossing places you within easy reach of UNC Charlotte (about 2 miles), neighborhood green space at Newell Park (about 1 mile), and shopping corridors along W.T. Harris Boulevard. Commuters appreciate quick access to major arterials and public transit options nearby; the home’s setting is particularly appealing to students, university staff, and professionals seeking a low-maintenance base close to campus and local amenities.

From an investment perspective, recent comparable sales on Flying Scotsman Drive and the immediate area support a market value in the $240,000–$260,000 band, with an assessed value of $250,800 and property taxes of roughly $1,979 (2025). Inventory in this corridor has been relatively balanced, and townhomes here remain in demand due to proximity to UNC Charlotte and local services. Whether you’re a first-time buyer, downsizer, or investor seeking predictable rental demand, this updated end-unit offers a straightforward, low-effort ownership experience.

Buyers should note a few trade-offs: lot size is compact, and middle/high school ratings in the broader district are below average, which may affect family-oriented buyers. That said, the property’s condition, end-unit benefits, and convenient location make it a compelling option for buyers prioritizing low upkeep and proximity to the university and regional shopping.

Home Highlights

Move-in readyRecently updated flooring and paintEnd-unit with extra windows and privacyTwo assigned parking spacesLow-maintenance lotCentral HVACAssessed value aligns with comps (~$250,800)

Property Features

Interior Features

  • 3 bedrooms, 2.5 bathrooms
  • 1,440 sq ft over two stories
  • New flooring throughout main living areas
  • Fresh neutral paint
  • Central heating and central air
  • Functional, move-in ready floor plan

Exterior & Lot

  • End-unit position for added privacy and extra windows
  • Small, low-maintenance lot (approx. 1,437 sq ft / 0.033 acres)
  • Two assigned surface parking spaces
  • Level topography
  • Composition shingle roof

Location & Neighborhood

  • Newell Crossing neighborhood
  • Approximately 2 miles to UNC Charlotte
  • Near Newell Park and local shopping centers
  • Quick access to W.T. Harris Blvd and major arterials
  • Canopy MLS market

Walkability & Recreation

  • Walkability Rating: 50/100 — Somewhat Walkable
  • Nearby parks and green spaces: Newell Park (~1 mile)
  • Campus open space and amenities at UNC Charlotte (~2 miles)
  • Shopping and dining corridors within a short drive
  • Public transit access and bikeable routes near campus

Neighborhood & Location

Newell Crossing is a practical, campus-adjacent neighborhood favored by students, university staff, and commuters. The area combines modest single-family and townhome inventory with convenient access to UNC Charlotte, neighborhood parks like Newell Park, and retail along W.T. Harris Boulevard. Residents appreciate short drives to shopping and restaurants, straightforward commuting routes, and a community feel that balances affordability with access to city amenities. While some schools in the broader district have below-average ratings, the neighborhood’s proximity to higher education, transit options, and local green space make it attractive for mixed buyers and investors.

Market Insights

The Newell Crossing segment of northeast Charlotte is currently a balanced-to-slightly seller-leaning market for townhomes. Inventory sits near 3.5 months—low enough to prevent price decline pressure but high enough to keep negotiations reasonable. Average days on market for similar units in the corridor is about 98 days, indicating that well-priced, updated units sell in a few months rather than weeks. Median sale price for the broader area is reported near $340,000, though immediate townhome comparables on Flying Scotsman Drive have recently closed in the $249K–$259K range, reflecting the local product mix.

Price trends show moderate appreciation: roughly 5% year-over-year and about 25% over five years, signaling steady demand without the volatility of overheated submarkets. Townhomes near UNC Charlotte typically perform well—high rental demand from students and staff supports stable yields (estimated monthly rent near $1,700 and a gross yield around 8%). For buyers: this is a reasonable market to act in now if you want access to campus-adjacent inventory without overpaying. For sellers: properly staged and updated townhomes continue to attract both owner-occupant and investor interest, though pricing should align to recent comps to account for product-level variation.

Nearby Schools

Newell Elementary

Elementary

5/10

Martin Luther King Jr Middle

Middle

3/10

Julius L. Chambers High School

High

2/10

Walkability & Recreation

50
Walkability
75
Recreation

Very good access to outdoor recreation with Newell Park about 1 mile away, UNC Charlotte’s campus green space nearby, and local shopping/paths within a short drive for walking, biking, and casual outdoor time.

Investment Highlights

  • Recently updated with new flooring and paint
  • End-unit position offers enhanced privacy and natural light
  • Proximity to UNC Charlotte and local amenities
  • Low-maintenance lot ideal for busy professionals or students
  • Two assigned parking spaces provide convenience

Key Findings

  • Assessed value of $250,800 aligns with market estimates
  • Comparable sales within 0.5 miles range from $240K to $260K
  • Located in a balanced market with moderate appreciation
  • Proximity to major highways and public transportation

Things to Consider

  • Middle and high schools have below-average ratings
  • Limited outdoor space due to small lot size
  • Potential for noise due to proximity to major roads

Opportunity Analysis

Move-in ready end-unit townhome in a convenient location with recent updates. Proximity to UNC Charlotte and local amenities enhances appeal. Balanced market conditions suggest stable investment potential.

Potential Use Scenarios

  • Ideal for first-time buyers seeking low-maintenance living
  • Potential rental property targeting students or professionals
  • Consider long-term appreciation potential in a growing area

Risk Factors

  • Below-average school ratings may deter some family buyers
  • Limited outdoor space may not appeal to all buyers
  • Proximity to major roads could result in noise concerns

Buyers should conduct independent due diligence before making any purchase decisions.

AI Valuation Estimate

Low

$240K

Midpoint

$250K

High

$260K

$174/SF estimated price per square foot

82% confidence

Sales comparison approach using 3 comparable sales within 0.5 miles sold in last 6 months. Adjusted for condition, lot size, and bedroom count. Assessed value of $250,800 aligns with market estimates.

As of 2026-03-07

This is a computer-generated estimate for informational purposes only and is not an appraisal or professional valuation.

Market & Area Data

Market Trends

Area Median Price$340,000
Avg Days on Market98 days
Inventory3.5 months
1-Year Appreciation+5.0%

Demographics

Population (1 mi)15,000
Median Income (1 mi)$65,000

Steady population growth with increasing demand for housing. Walkability Rating estimate: 50/100.

Nearby Points of Interest

  • University of North Carolina at Charlotte (2 mi)
  • Newell Park (1 mi)
  • Harrisburg Town Center (3 mi)

Close proximity to UNC Charlotte, local parks, and shopping centers. Easy access to major highways and public transportation.

School District

DistrictCharlotte-Mecklenburg Schools
ElementaryNewell Elementary (5/10)
MiddleMartin Luther King Jr Middle (3/10)
HighJulius L. Chambers High School (2/10)

Market data is based on aggregated public records and may not reflect real-time conditions.

Property Details

Building Details

Year Built2002
Constructionwood frame
Stories2
Roofcomposition shingle
Heatingcentral
Coolingcentral AC
Basementnone
FireplaceNo
Conditiongood

Lot & Site

Lot Size0.033 acres (1,437 SF)
Topographylevel
Parkingsurface
Parking Spaces2
FrontageStandard frontage on Flying Scotsman Dr

Utilities

Watermunicipal
Sewermunicipal
ElectricDuke Energy
GasPiedmont Natural Gas

Zoning & Land Use

Zoning CodeMX-1
DescriptionMixed-Use District
JurisdictionCity of Charlotte

Allowed Uses

residentialcommercialoffice
Current Useresidential
Assessor UseSingle Family Residential

Tax & Sale History

Tax Assessment

Total Assessed$250,800
Land$60,000
Improvements$190,800
Annual Tax (2025)$1,979

Sale History

2006-09-01$110,000

$76/SF

Arm's length transaction

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