NOT LISTED FOR SALE

16327 Cozy Cove Rd Unit 86 Charlotte, NC 28278

The Palisades Neighborhood

Estimated Value: $810,000 - $935,000

4 Beds
3.5 Baths
3,104 Sq Ft
$286/Sq Ft Est. Value

Last Sold July 09, 2020

Last sale price $539,999 $174 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $5,206/month

86 Days on Market

Highlights

  • Golf Course Community
  • Equestrian Center
  • Under Construction
  • Palisades Park Elementary School Rated A-
  • Fitness Center
  • Rooftop Deck

About This Home

As of July 2020

The gorgeous GILLIAM plan in the Palisades is the best opportunity to be right on Lake Wylie! Open floor plan featuring large gourmet kitchen, breakfast/sunroom area, and plenty of room in the dining area or great room space for entertaining or relaxing year-round. This lovely home backs up to trees with a stonework fireplace on the rear side for you and your family to enjoy. This home will be energy-star certified and include a home--automation package! Come out to see it today!

Last Agent to Sell the Property

Anthony Boucher

Avencia Homes Brokerage Email: anthony.boucher@lennar.com License #297234 Listed on: 03/08/2020

Co-Listed By

Josh Tuschak

SERHANT Brokerage Email: anthony.boucher@lennar.com License #285849

Last Buyer's Agent

Melissa Berens

Keller Williams South Park License #287285

Keller Williams South Park

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,017

Year Built

  • Built in 2020 | Under Construction

Lot Details

  • 0.65 Acre Lot
  • Waterfront
  • Level Lot
  • Wooded Lot
  • Property is zoned MX-3

HOA Fees

  • $88 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Driveway

Home Design

  • Transitional Architecture
  • Slab Foundation

Interior Spaces

  • 1.5-Story Property
  • Open Floorplan
  • Gas Fireplace
  • Great Room with Fireplace
  • Screened Porch
  • Laundry Room

Kitchen

  • Double Oven
  • Gas Cooktop
  • Microwave
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet

Attic

  • Pull Down Stairs to Attic
  • Finished Attic

Outdoor Features

  • Patio
  • Outdoor Fireplace

Schools

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

Horse Facilities and Amenities

  • Equestrian Center
  • Riding Trail

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 21718315

Community Details

Overview

  • Cams Association, Phone Number (704) 731-5585
  • Built by Lennar Homes
  • The Palisades Subdivision, Gilliam C Floorplan
  • Mandatory home owners association

Amenities

  • Rooftop Deck
  • Clubhouse

Recreation

  • Golf Course Community
  • Sport Court
  • Indoor Game Court
  • Recreation Facilities
  • Community Playground
  • Fitness Center
  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,017

Year Built

Built in 2020 | Under Construction

Lot Details

0

HOA Fees

$88 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Transitional
  • Year Built: 2020
  • Restrictions: Architectural Review
  • Proposed Completion Date: 2020-06-30
  • Road Surface Type: Concrete, Paved
  • Unit Levels: One and One Half
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 173.97
  • Attribution Contact: anthony.boucher@lennar.com
  • Special Features: NewHome

Interior Features

  • Foundation Details: Slab
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood, Tile
  • Interior Amenities: Attic Finished, Attic Stairs Pulldown, Cable Prewire, Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 2475
  • 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: 629
  • Appliances: Double Oven, Electric Water Heater, Gas Cooktop, Microwave
  • Above Grade Finished Sq Ft: 3104
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas Vented, Great Room, Outside
  • Living Area: 3104
  • Bedroom Main: 3
  • Room Count: 14
  • Sq Ft Other: 0

Exterior Features

  • New Construction: Yes
  • Roof: Shingle
  • Construction Type: Site Built
  • Water Body Name: Lake Wylie
  • Waterfront Features: None
  • Waterfront Elevation: 3000
  • Construction Type: Fiber Cement
  • Patio And Porch Features: Patio, Rear Porch, Screened

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 655
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage

Utilities

  • Heating: Natural Gas, Zoned
  • Sewer: Public Sewer
  • Laundry Features: Main Level
  • Security: Security Service
  • Cooling: Zoned
  • Utilities: Gas
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Clubhouse, Fitness Center, Game Court, Golf, Outdoor Pool, Playground, Recreation Area, Rooftop Terrace, Sidewalks, Sport Court, Walking Trails
  • Association Fee: 265
  • Association Fee Frequency: Quarterly
  • Hoa Subject To Dues: Mandatory
  • Association Name: CAMS
  • Phone: 704-731-5585
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Schools

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

Lot Info

  • Lot Features: Level, Sloped, Wooded, Waterfront
  • Lot Size Area: 0.648
  • Lot Size Units: Acres
  • Parcel Number: 21718315
  • Development Status: Under Construction
  • Horse Amenities: Equestrian Facilities, Riding Trail
  • Lot Size Acres: 0.648
  • Lot Size Sq Ft: 28226
  • ResoLotSizeUnits: Acres
  • Zoning Specification: MX-3

Green Features

  • Green Verification Count: 1

Building Info

  • Builder Name: Lennar Homes

MLS Schools

  • Elementary School: Palisades Park
  • High School: Olympic

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2020
Closed on
Jul 9, 2020
Sold by
Standard Pacific Of The Carolinas Llc
Bought by
Mahmoud Karim and Mahmoud Rebecca
Seller's Agent
Anthony Boucher
Avencia Homes
Buyer's Agent
Melissa Berens
Keller Williams South Park
List Price
$594,999
Sold Price
$539,999
Premium/Discount to List
-$55,000
-9.24%
Current Estimated Value
$886,476

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$346,477
Avg. Annual Appreciation
9.88%
Original Mortgage
$431,999
Outstanding Balance
$383,068
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$503,408
Source: Public Records

Range of Values:

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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
Mahmoud Karim $540,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mahmoud Karim $431,999
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/09/2020 07/09/20 Sold $539,999 -0.9% $174 / Sq Ft
06/02/2020 06/02/20 Pending -- -- --
05/02/2020 05/02/20 Price Changed $544,999 -0.6% $176 / Sq Ft
04/17/2020 04/17/20 Price Changed $548,089 -0.9% $177 / Sq Ft
04/03/2020 04/03/20 Price Changed $553,089 -90.0% $178 / Sq Ft
04/03/2020 04/03/20 Price Changed $5,553,089 +842.8% $1,789 / Sq Ft
03/28/2020 03/28/20 Price Changed $588,999 -1.0% $190 / Sq Ft
03/08/2020 03/08/20 For Sale $594,999 -- $192 / 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 $5,017 $722,370 $150,000 $572,370
2024 $5,017 $722,370 $150,000 $572,370
2023 $4,940 $722,370 $150,000 $572,370
2022 $6,303 $698,700 $240,000 $458,700
2021 $5,707 $647,700 $240,000 $407,700
2020 $2,088 $375,000 $375,000 $0
2019 $982 $375,000 $375,000 $0
2018 $3,144 $281,300 $281,300 $0
2017 $3,123 $281,300 $281,300 $0
2016 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3600513

Canopy MLS (Canopy Realtor® Association)

APN: 217-183-15