$549,000
UNDER CONTRACT $30K PRICE DROP

16304 Thoroughbred Trace Ln Charlotte, NC 28278

The Palisades Neighborhood

Estimated payment $3,237/month

Total Views 3,868
4 Beds
2.5 Baths
2,718 Sq Ft
$202 Price per Sq Ft

Highlights

  • Deck
  • Traditional Architecture
  • Corner Lot
  • Palisades Park Elementary School Rated A-
  • Wood Flooring
  • Screened Porch

About This Home

Welcome home to this beautifully maintained traditional-style 4-bedroom home, perfectly positioned on a fenced corner lot that offers both privacy and curb appeal. Inside you'll discover a flowing floor plan, where generous living, dining, and kitchen spaces are connected in a seamless, modern layout. Natural light pours through large windows, inviting warmth and brightness throughout. At the heart of the home is a granite-topped kitchen equipped with stainless steel appliances, sleek cabinetry, and ample counter space for culinary creativity. Off the main living area, retreat to a year-round sunroom, filled with sunshine perfect for morning coffee, reading afternoons, or watching the seasons change. Upstairs, the relaxing loft space creates a peaceful secondary lounge. Four spacious bedrooms include a serene primary suite.
Energy-conscious buyers will appreciate the solar panel system, reducing utility costs and underscoring the home’s modern, eco-friendly appeal. Come take a look!

Listing Agent

Melissa Small

Coldwell Banker Realty Brokerage Email: Melissa.Small@CBCarolinas.com License #304932 Listed on: 07/24/2025

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,292

Year Built

  • Built in 2015

Lot Details

  • Back Yard Fenced
  • Corner Lot
  • Sloped Lot
  • Property is zoned N1-A

HOA Fees

  • $75 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Architectural Shingle Roof

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Sliding Doors
  • Screened Porch
  • Crawl Space
  • Pull Down Stairs to Attic
  • Laundry Room

Kitchen

  • ENERGY STAR Qualified Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms

Home Security

  • Storm Doors
  • Carbon Monoxide Detectors

Outdoor Features

  • Deck

Schools

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

Utilities

  • Zoned Heating and Cooling
  • Heating System Uses Natural Gas
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 217-261-14

Community Details

Overview

  • Braesael Mgmt Association, Phone Number (704) 847-3507
  • Built by Lennar
  • Southern Trace Subdivision, Durham B Floorplan
  • Mandatory home owners association

Recreation

  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,292

Year Built

Built in 2015

Lot Details

0

HOA Fees

$75 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 2015
  • Special Assessment Yn: 0
  • Road Surface Type: Concrete, Paved
  • Unit Levels: Two
  • Ratio CurrentPrice/TotalPropertyHLA: 201.99
  • Bedroom Lower: 0
  • Geocode Confidence: High
  • Attribution Contact: Melissa.Small@CBCarolinas.com
  • Special Features: UnderContract

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood
  • Interior Amenities: Attic Stairs Pulldown
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1205
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 1513
  • Appliances: Disposal, Electric Water Heater, ENERGY STAR Qualified Dishwasher
  • Above Grade Finished Sq Ft: 2718
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Sliding Doors, Storm Door(s)
  • Fireplace Features: Gas Log
  • Living Area: 2718
  • Bedroom Main: 0
  • Bedroom Basement: 0
  • Bedroom Third: 0

Exterior Features

  • Exterior Features: Other - See Remarks
  • New Construction: No
  • Roof: Architectural Shingle
  • Construction Type: Site Built
  • Fencing: Back Yard
  • Construction Type: Brick Partial, Fiber Cement
  • Patio And Porch Features: Covered, Deck, Screened

Garage/Parking

  • Main Level Garage YN: 1
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage

Utilities

  • Heating: Natural Gas
  • Sewer: Public Sewer
  • Laundry Features: Laundry Room
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air, Zoned
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Outdoor Pool, Playground, Sidewalks, Street Lights
  • Association Fee: 226.25
  • Association Fee Frequency: Quarterly
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: Braesael Mgmt
  • Phone: 704-847-3507
  • Association: Yes

Association/Amenities

  • Association Annual Expense: 905.00

Schools

  • Middle Or Junior School: Southwest
  • HOA Subject To: Required

Lot Info

  • Lot Features: Corner Lot, Sloped
  • Lot Size Units: Acres
  • Parcel Number: 217-261-14
  • Development Status: Completed
  • Additional Parcels: No
  • Zoning Specification: N1-A

Building Info

  • Builder Name: Lennar

MLS Schools

  • Elementary School: Palisades Park
  • High School: Palisades

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $3,292 $471,500 $125,000 $346,500
2024 $3,292 $471,500 $125,000 $346,500
2023 $3,292 $471,500 $125,000 $346,500
2022 $2,882 $317,100 $67,000 $250,100
2021 $2,814 $317,100 $67,000 $250,100
2020 $2,798 $317,100 $67,000 $250,100
2019 $2,766 $317,100 $67,000 $250,100
2018 $3,179 $281,900 $70,000 $211,900
2017 $3,154 $281,900 $70,000 $211,900
2016 -- $100 $100 $0
2015 -- $0 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/26/2025 09/26/25 Price Changed $549,000 -2.5% $202 / Sq Ft
09/03/2025 09/03/25 Price Changed $563,000 -2.8% $207 / Sq Ft
07/24/2025 07/24/25 For Sale $579,000 -- $213 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $405,000 None Available
Special Warranty Deed $351,500 None Available
Special Warranty Deed $274,000 None Available
Special Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $364,500 New Conventional
Previous Owner $268,721 FHA
Previous Owner $268,721 FHA
Source: Public Records

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4283890

Canopy MLS (Canopy Realtor® Association)

APN: 217-261-14