NOT LISTED FOR SALE

1506 Newfound Hollow Dr Charlotte, NC 28214

Coulwood Hills Neighborhood

Estimated Value: $305,000 - $336,000

3 Beds
2 Baths
1,500 Sq Ft
$212/Sq Ft Est. Value

About This Home

Please note, our homes are available on a first-come, first-serve basis and are not reserved until the lease is signed by all applicants and security deposits are collected.

This home features Progress Smart Home - Progress Residential's smart home app, which allows you to control the home securely from any of your devices. Learn more at

Want to tour on your own? Click the “Self Tour” button on this home’s listing or call to register for a self-guided showing at a time that works best for you.

Well-kept 3 bedroom, 2 bathroom ranch home in an amazing pedestrian friendly Charlotte, NC neighborhood. Close to I-485, Hwy 16, US National Whitewater Center, schools, and more. Open floor plan boasts great room with fireplace, lots of natural light, eat-in kitchen with bay window and pantry. Master suite features dual sink vanity, garden tub, and walk-in shower. Enjoy your backyard from your patio, perfect for entertaining or relaxing. Homes this well-maintained and move-in ready lease quickly. Schedule your tour and submit your application today! Utilities must be transferred into the resident’s name.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 26, 2017
Sold by
Freo North Carolina Llc
Bought by
Progress Residential Borrower 1 Llc
Current Estimated Value
$317,737

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$458,612,000
Outstanding Balance
$382,158,896
Interest Rate
3.91%
Mortgage Type
Commercial
Estimated Equity
-$381,841,159

Purchase Details

Closed on
Sep 13, 2016
Sold by
Capristo Gloria
Bought by
Freo N Carolina Llc

Purchase Details

Closed on
Aug 31, 1995
Sold by
Lewis Eugene E and Wf Melinda Marie
Bought by
Capristo Gloria
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Progress Residential Borrower 1 Llc -- None Available
Freo N Carolina Llc $133,000 None Available
Capristo Gloria $109,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Progress Residential Borrower 1 Llc $458,612,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2025 06/03/25 Off Market $2,050 -- --
05/28/2025 05/28/25 Price Changed $2,050 +4.1% $1 / Sq Ft
04/16/2025 04/16/25 Price Changed $1,970 -28.6% $1 / Sq Ft
04/15/2025 04/15/25 Price Changed $2,760 +40.1% $2 / Sq Ft
04/13/2025 04/13/25 For Rent $1,970 -- --

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,538 $282,800 $80,000 $202,800
2024 $2,538 $314,900 $80,000 $234,900
2023 $2,538 $314,900 $80,000 $234,900
2022 $1,807 $174,200 $30,000 $144,200
2021 $1,796 $174,200 $30,000 $144,200
2020 $1,788 $174,200 $30,000 $144,200
2019 $1,773 $188,900 $30,000 $158,900
2018 $1,616 $117,600 $25,500 $92,100
2017 $1,585 $117,600 $25,500 $92,100
2016 $1,576 $117,600 $25,500 $92,100
2015 $1,564 $117,600 $25,500 $92,100
2014 $1,093 $0 $0 $0
Source: Public Records

Map

North Carolina Mecklenburg County Charlotte 28214 Coulwood Hills

1506 Newfound Hollow Dr, Charlotte, NC

This home is located at 1506 Newfound Hollow Dr, Charlotte, NC 28214 and is currently estimated at $317,737, approximately $211 per square foot. 1506 Newfound Hollow Dr is a home located in Mecklenburg County with nearby schools including River Oaks Academy, Coulwood STEM Academy, and West Mecklenburg High.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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