NOT LISTED FOR SALE

16340 Fallview Dr Unit PB 24 Charlotte, NC 28278

The Palisades Neighborhood

Estimated Value: $731,000 - $865,000

4 Beds
3.5 Baths
2,826 Sq Ft
$277/Sq Ft Est. Value

Last Sold May 24, 2021

Last sale price $565,214 $200 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $4,643/month

3 Days on Market

Highlights

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

About This Home

As of May 2021

THE PALISADES… an environmentally protected planned community offering Resort-Style Living with a Private Residents Club, swimming pools, a fitness center, tot lot, sport courts and much more. Enjoy your life in this wonderful 1½ story, basement home in The Bluffs at Highcliff. The Empire Plan, 2 car garage home gives big living space with the opportunity for more in the future with this unfinished basement. The first floor’s open concept has a Gourmet Kitchen with large Quartz Center Island overlooking a Dining Room and very spacious Family Room with a Corner Fireplace.
The Owner’s Suite, 2 additional Beds, a full Bath, Powder Room and Laundry Room are also on the first Floor. The Second Floor give you a 4th bedroom with an Ensuite Bath, a Loft Area and a Bonus Room…Great privacy for overnight guest.

Last Agent to Sell the Property

Linda Mclendon

Lennar Sales Corp License #228082 Listed on: 04/17/2021

Lennar Sales Corp

Co-Listed By

Angela Kruger

Lennar Sales Corp License #221206

Last Buyer's Agent

Laura L Miller

RE/MAX Executive License #227545

RE/MAX Executive

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,632

Year Built

  • Built in 2021 | Under Construction

Lot Details

  • 0.65

HOA Fees

  • $88 Monthly HOA Fees

Parking

  • 2

Home Design

  • Transitional Architecture

Interior Spaces

  • Open Floorplan
  • Fireplace
  • Insulated Windows
  • Breakfast Bar

Flooring

  • Engineered Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet

Horse Facilities and Amenities

  • Equestrian Center

Listing and Financial Details

  • Assessor Parcel Number 21718370

Community Details

Overview

  • Cams Association, Phone Number (704) 731-5560
  • Built by Lennar

Amenities

  • Clubhouse

Recreation

  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities
  • Community Playground
  • Fitness Center
  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,632

Year Built

Built in 2021 | Under Construction

Lot Details

0

HOA Fees

$88 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1.5 Story/Basement
  • Architectural Style: Transitional
  • Construction Status: Under Construction
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Acre: 860295.28
  • Ratio Current Price By Sq Ft: 200.00
  • Year Built: 2021
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Foundation Details: Basement
  • Upper Level Sq Ft: 785
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Total Bedrooms: 4
  • Doors and Windows: g-Insulated Door(s), Insulated Windows
  • Equipment: Cooktop Gas, Disposal, Double Oven, Electric Dryer Hookup, Network Ready
  • Fireplace Description: FAMILYRM
  • Fireplace: Yes
  • Flooring: Carpet, Prefinished Wood, Tile
  • H O A Management Phone: 704-731-5560
  • Interior Amenities: Breakfast Bar, Open Floorplan, Pantry, Walk-In Closet(s)
  • Laundry Location: Main
  • Room Count: 3
  • Sq Ft Additional: 270
  • Main Level Sq Ft: 2041
  • Total Sq Ft: 2826
  • Sq Ft Unheated Basement: 2049
  • Sq Ft Unheated Total: 2049

Exterior Features

  • Construction: Hardboard Siding, Stone Veneer
  • Construction Type: Site Built
  • New Construction: Yes

Garage/Parking

  • Driveway: Concrete
  • Parking: Driveway, Garage - 2 Car

Utilities

  • Heating: Multizone A/C, MultiZone Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Club House, Equestrian Facilities, Fitness Center, Golf Course, Outdoor Pool, Playground, Recreation Area, Security, Tennis Court(s), Walking Trails
  • Association Fee: 265.00
  • Association Fee Frequency: Quarterly
  • HOA Management Company: CAMS
  • Hoa Subject To Dues: Mandatory

Schools

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

Lot Info

  • Lot Dimension: Per Plat
  • Lot Size Area: 0.657
  • Parcel Number: 21718370
  • Zoning Specification: R-3

Building Info

  • Builder Name: Lennar

Tax Info

  • Tax Location: Mecklenburg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2021
Closed on
May 24, 2021
Sold by
Standard Pacific Of The Carolinas Llc
Bought by
Polk Alisha Leak and Polk Ervin Donnell
Seller's Agent
Linda Mclendon
Lennar Sales Corp
Buyer's Agent
Laura L Miller
RE/MAX Executive
List Price
$565,214
Sold Price
$565,214
Current Estimated Value
$783,294

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$218,080
Avg. Annual Appreciation
7.73%
Original Mortgage
$480,432
Outstanding Balance
$435,391
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$347,903
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
Polk Alisha Leak $565,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Polk Alisha Leak $480,432
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/24/2021 05/24/21 Sold $565,214 0.0% $200 / Sq Ft
04/20/2021 04/20/21 Pending -- -- --
04/17/2021 04/17/21 For Sale $565,214 -- $200 / 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 $4,632 $666,400 $150,000 $516,400
2024 $4,632 $666,400 $150,000 $516,400
2023 $4,561 $666,400 $150,000 $516,400
2022 $5,525 $611,900 $210,000 $401,900
2021 $1,838 $210,000 $210,000 $0
2020 $1,827 $210,000 $210,000 $0
2019 $1,810 $210,000 $210,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3731015

Canopy MLS (Canopy Realtor® Association)

APN: 217-183-70