NOT LISTED FOR SALE

16400 Cozy Cove Rd Unit 102 Charlotte, NC 28278

The Palisades Neighborhood

Estimated Value: $665,044 - $683,000

3 Beds
3 Baths
2,540 Sq Ft
$266/Sq Ft Est. Value

Last Sold June 26, 2019

Last sale price $400,208 $158 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $4,091/month

282 Days on Market

Highlights

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

About This Home

As of June 2019

Come visit the amenity-rich Palisades! Enjoy walking trails, amazing Residents Club with resort-style pool, playing courts, and fitness center and private golf memberships to The Palisades Country Club available. Awesome Cambridge 1.5 story plan on unfinished basement. 2 beds with 2 bathrooms on the main, 1 bed/bath with bonus room on the upper level, perfect for visitors. Gourmet kitchen with double wall ovens and gas cooktop. Covered porch off the breakfast area with gorgeous view of the wooded backyard. All this on an unfinished basement. Home Automation complete with Amazon Alexa

Last Agent to Sell the Property

Wray Farlow

Davidson Homes Realty, LLC License #190331 Listed on: 08/08/2018

Davidson Homes Realty, LLC

Last Buyer's Agent

Melissa Baker

Howard Hanna Allen Tate Charlotte South License #178324

Howard Hanna Allen Tate Charlotte South

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,807

Year Built

  • Built in 2018 | Newly Remodeled

Lot Details

  • Wooded Lot
  • Lawn

HOA Fees

  • $197 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Transitional Architecture

Interior Spaces

  • Open Floorplan
  • Gas Log Fireplace
  • Insulated Windows
  • Kitchen Island

Flooring

  • Engineered Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • 3 Full Bathrooms

Horse Facilities and Amenities

  • Equestrian Center

Listing and Financial Details

  • Assessor Parcel Number 21718256

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

$3,807

Year Built

Built in 2018 | Newly Remodeled

Lot Details

0

HOA Fees

$197 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story/Basement
  • Architectural Style: Transitional
  • Construction Status: Complete
  • Ratio Close Price By List Price: 1.00066
  • Ratio Close Price By Original Li: 0.87085
  • Ratio Current Price By Acre: 1262485.80
  • Ratio Current Price By Sq Ft: 157.56
  • Special Assessment Description: Cap Contributiom
  • Special Assessment Yn: Yes
  • Year Built: 2018
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Foundation Details: Basement
  • Upper Level Sq Ft: 724
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Doors and Windows: Insulated Windows
  • Equipment: Cable Prewire, Cooktop Gas, Disposal, Double Oven, g-Energy Star® Dishwasher, Ice Maker Connection, Microwave, Natural Gas, Network Ready, Wall Oven
  • Fireplace Description: Gas Logs, Great Room
  • Fireplace: Yes
  • Flooring: Carpet, Prefinished Wood, Tile
  • H O A Management Phone: 704-731-5560
  • Interior Amenities: Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s)
  • Laundry Location: Main
  • Room Count: 3
  • Main Level Sq Ft: 1816
  • Total Sq Ft: 2540
  • Sq Ft Unheated Basement: 1800
  • Sq Ft Unheated Main: 529
  • Sq Ft Unheated Total: 2329

Exterior Features

  • Construction: Hardboard Siding, Stone Veneer
  • Construction Type: Site Built
  • Exterior Features: Lawn Maintenance
  • New Construction: Yes

Garage/Parking

  • Driveway: Asphalt
  • Parking: Attached Garage, Garage - 2 Car

Utilities

  • Heating: Central Air, Gas Hot Air Furnace, 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, Playground, Outdoor Pool, Recreation Area, Security, Sidewalk, Street Lights, Tennis Court(s), Walking Trails
  • Association Fee: 591.00
  • 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: 70'x188'x71'x202'
  • Lot Features: Sloping, Wooded
  • Lot Size Area: 0.317
  • Parcel Number: 21718256
  • Zoning Specification: MX-3

Building Info

  • Builder Name: Lennar

Tax Info

  • Tax Location: Mecklenburg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 16, 2025
Sold by
Richardson James Michael and Baker Melissa Jones
Bought by
Gibbs Rachael Elizabeth and Villar Christopher Merlin
Current Estimated Value
$674,761

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$346,000
Outstanding Balance
$342,489
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$332,273

Purchase Details

Listed on
Aug 8, 2018
Closed on
Jun 26, 2019
Sold by
Standard Pacific Of The Carolinas Llc
Bought by
Richardson James Michael and Baker Melissa Jones
Seller's Agent
Wray Farlow
Davidson Homes Realty, LLC
Buyer's Agent
Melissa Baker
Howard Hanna Allen Tate Charlotte South
List Price
$459,559
Sold Price
$400,208
Premium/Discount to List
-$59,351
-12.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.66%
Original Mortgage
$360,187
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Gibbs Rachael Elizabeth $681,000 Lennar Title
Gibbs Rachael Elizabeth $681,000 Lennar Title
Richardson James Michael $400,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gibbs Rachael Elizabeth $346,000
Closed Gibbs Rachael Elizabeth $346,000
Previous Owner Richardson James Michael $360,187
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/26/2019 06/26/19 Sold $400,208 +0.1% $158 / Sq Ft
05/17/2019 05/17/19 Pending -- -- --
05/07/2019 05/07/19 Price Changed $399,945 -13.0% $157 / Sq Ft
05/07/2019 05/07/19 For Sale $459,559 0.0% $181 / Sq Ft
02/07/2019 02/07/19 Pending -- -- --
08/08/2018 08/08/18 For Sale $459,559 -- $181 / 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 $3,807 $546,400 $75,000 $471,400
2024 $3,807 $546,400 $75,000 $471,400
2023 $3,807 $546,400 $75,000 $471,400
2022 $4,024 $444,400 $70,000 $374,400
2021 $3,928 $444,400 $70,000 $374,400
2020 $894 $70,000 $70,000 $0
2019 $343 $70,000 $70,000 $0
2018 $894 $80,000 $80,000 $0
2017 $888 $80,000 $80,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3422368

Canopy MLS (Canopy Realtor® Association)

APN: 217-182-56