NOT LISTED FOR SALE

16001 Arabian Mews Ln Unit 103 Charlotte, NC 28278

The Palisades Neighborhood

Estimated Value: $733,000 - $783,000

5 Beds
5.5 Baths
4,003 Sq Ft
$188/Sq Ft Est. Value

Last Sold October 20, 2017

Last sale price $393,534 $98 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $4,408/month

98 Days on Market

Highlights

  • Newly Remodeled
  • Open Floorplan
  • Traditional Architecture
  • Palisades Park Elementary School Rated A-
  • Wooded Lot
  • Engineered Wood Flooring

About This Home

As of October 2017

Popular Westley home with a private wooded backyard! 2nd Master on main level, gourmet kitchen appliance package including double convection ovens and 5 burner gas cooktop, 5" hardwoods throughout the 1st floor living areas, rear staircase off the family room, master suite w/sitting area, deluxe master bath w/garden tub, tiled shower & granite countertops, finished 3rd floor with a huge bonus room and bedroom/full bath, 2nd floor loft. 3 car garage!

Last Agent to Sell the Property

Suzan Gilson

Lennar Sales Corp License #261613 Listed on: 06/17/2017

Lennar Sales Corp

Co-Listed By

Janine Frey

NVR Homes, Inc./Ryan Homes License #249108

Last Buyer's Agent

Heather Cook

Real Broker, LLC License #294553

Real Broker, LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2017 | Newly Remodeled

Lot Details

  • 0.36

HOA Fees

  • $63 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Traditional Architecture

Interior Spaces

  • Open Floorplan
  • Tray Ceiling
  • Gas Log Fireplace
  • Insulated Windows
  • Crawl Space
  • Kitchen Island

Flooring

  • Engineered Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • Garden Bath

Additional Features

  • Wooded Lot
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 21726261

Community Details

Overview

  • Built by Lennar

Recreation

  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Year Built

Built in 2017 | Newly Remodeled

Lot Details

0

HOA Fees

$63 per month

Parking

3

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 3 Story
  • Architectural Style: Traditional
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.99629
  • Ratio Close Price By Original Li: 0.93701
  • Ratio Current Price By Acre: 1093150.00
  • Ratio Current Price By Sq Ft: 98.31
  • Year Built: 2017
  • Special Features: NewHome
  • Stories: 3

Interior Features

  • Foundation Details: Crawl Space
  • Upper Level Sq Ft: 1643
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bathrooms: 6.00
  • Total Bedrooms: 5
  • Doors and Windows: Insulated Windows
  • Equipment: Cable Prewire, CO Detector, Convection Oven, Cooktop Gas, Disposal, Double Oven, Electric Dryer Hookup, Exhaust Fan, g-Energy Star® Dishwasher, g-Energy Star® Light Fixtures, Ice Maker Connection, Microwave, Network Ready, Surround Sound, Wall Oven
  • Fireplace Description: Gas Logs, Great Room
  • Fireplace: Yes
  • Flooring: Carpet, Prefinished Wood, Tile
  • Interior Amenities: Cable Available, Garden Tub, Kitchen Island, Open Floorplan, Pantry, Tray Ceiling, Walk-In Closet(s)
  • Laundry Location: Upper
  • Room Count: 3
  • Main Level Sq Ft: 1648
  • Third Level Sq Ft: 712
  • Total Sq Ft: 4003
  • Sq Ft Unheated Main: 772
  • Sq Ft Unheated Total: 772

Exterior Features

  • Construction: Brick Partial, Fiber Cement, Stone Veneer
  • Construction Type: Site Built
  • New Construction: Yes
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Garage - 3 Car, Garage Door Opener, Side Load Garage

Utilities

  • Heating: Central Air, g-Fresh Air Ventilation, Gas Hot Air Furnace, Multizone A/C, MultiZone Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Gas, g-On-Demand Water Heater

Condo/Co-op/Association

  • Community Features: Playground, Outdoor Pool, Sidewalk, Street Lights
  • Association Fee: 187.50
  • Association Fee Frequency: Quarterly
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Palisades Park
  • Middle School: Southwest
  • High School: Olympic

Lot Info

  • Lot Features: Wooded
  • Lot Size Area: 0.360
  • Parcel Number: 21726261
  • Zoning: Residential
  • Zoning Specification: R3

Building Info

  • Builder Name: Lennar

Tax Info

  • Tax Value: 394999.00
  • Tax Location: Mecklenburg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2017
Closed on
Oct 20, 2017
Sold by
Lennar Carolinas Llc
Bought by
Nester Robin C
Seller's Agent
Suzan Gilson
Lennar Sales Corp
Buyer's Agent
Heather Cook
Real Broker, LLC
List Price
$419,990
Sold Price
$393,534
Premium/Discount to List
-$26,456
-6.3%
Current Estimated Value
$753,817

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$360,283
Avg. Annual Appreciation
8.51%
Original Mortgage
$393,534
Outstanding Balance
$328,358
Interest Rate
3.78%
Mortgage Type
VA
Estimated Equity
$425,459
Source: Public Records

Range of Values:

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Average Value
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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
Nester Robin C $394,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nester Robin C $393,534
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/20/2017 10/20/17 Sold $393,534 -6.3% $98 / Sq Ft
09/23/2017 09/23/17 Pending -- -- --
06/17/2017 06/17/17 For Sale $419,990 -- $105 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $4,177 $600,200 $125,000 $475,200
2024 $4,177 $600,200 $125,000 $475,200
2023 $4,112 $600,200 $125,000 $475,200
2022 $3,682 $406,300 $67,000 $339,300
2021 $3,595 $406,300 $67,000 $339,300
2020 $3,574 $406,300 $67,000 $339,300
2019 $3,535 $406,300 $67,000 $339,300
2018 $4,158 $70,000 $70,000 $0
2017 $212 $70,000 $70,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3292710

Canopy MLS (Canopy Realtor® Association)

APN: 217-262-38