NOT LISTED FOR SALE

Estimated Value: $1,018,000 - $1,190,000

5 Beds
3.5 Baths
3,853 Sq Ft
$297/Sq Ft Est. Value

Last Sold May 19, 2023

Last sale price $936,206 $243 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $7,363/month

119 Days on Market

Highlights

  • Water Views
  • Under Construction
  • Open Floorplan
  • Palisades Park Elementary School Rated A-
  • 1 Acre Lot
  • Private Lot

About This Home

As of May 2023

Situated near the popular Palisades Community on Lake Wylie is one of Charlotte's newest Waterfront Communities, Rivers Edge. This Modern Farmhouse style New Construction Waterfront home is every new homeowners Dream Come True. The state of the art features, energy efficient build quality, custom features throughout, or the overall integrity and quality integrated into the home, Nest Homes is committed to giving their buyers only the very best. You will know you have arrived as this Waterfront home has what locals refer to as a "Lakefront Charm", Situated across the street from over 200 acres of Land Conservancy and consisting of only 10 exclusive large wooded and waterfront homesites Rivers Edge is the perfect fit for anyone who desires the Lake Lifestyle in close proximity to all that Charlotte has to offer. Rivers Edge affords easy access to Uptown Charlotte, Charlotte Douglas International Airport, Medical Facilities and the popular Rivergate Shopping Center.

Last Agent to Sell the Property

Rick Walliser

Valais Properties LLC Brokerage Email: rick@rickwalliser.com License #214475 Listed on: 12/04/2020

Last Buyer's Agent

Deanna Smith

Exclusive Realty LLC License #280748

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,700

Year Built

  • Built in 2021 | Under Construction

Lot Details

  • 1 Acre Lot
  • Private Lot
  • Sloped Lot
  • Wooded Lot
  • Property is zoned R-3

HOA Fees

  • $21 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Modern Architecture
  • Metal Roof
  • Metal Siding

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Mud Room
  • Great Room with Fireplace
  • Wood Flooring
  • Water Views
  • Crawl Space

Kitchen

  • Self-Cleaning Oven
  • Gas Cooktop
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • Walk-In Closet

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Schools

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

Utilities

  • Central Air
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • More Than Two Accessible Exits
  • Covered patio or porch

Listing and Financial Details

  • Assessor Parcel Number 217-321-10

Community Details

Overview

  • Rivers Edge Owners Association, Phone Number (980) 500-1240
  • Built by Nest Homes
  • Rivers Edge Subdivision, The Morning Dove Floorplan
  • Mandatory home owners association

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,700

Year Built

Built in 2021 | Under Construction

Lot Details

0

HOA Fees

$21 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Modern
  • Year Built: 2021
  • Restrictions: Livestock Restriction,No Representation
  • Proposed Completion Date: 2021-07-31
  • Road Surface Type: Concrete, Gravel
  • Unit Levels: Two
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 242.98
  • Attribution Contact: rick@rickwalliser.com
  • Special Features: NewHome

Interior Features

  • Foundation Details: Crawl Space, Other - See Remarks
  • Flooring: Wood
  • Interior Amenities: Cable Prewire, Drop Zone, Open Floorplan, Pantry, Walk-In Closet(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 2130
  • 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: 126
  • Sq Ft Unheated Upper: 126
  • Sq Ft Upper: 1723
  • Appliances: Dishwasher, Disposal, Gas Cooktop, Gas Water Heater, Microwave, Plumbed For Ice Maker, Self Cleaning Oven
  • Above Grade Finished Sq Ft: 3853
  • Accessibility Features: Two or More Access Exits
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Great Room
  • Living Area: 3853
  • Bedroom Main: 1
  • Room Count: 15

Exterior Features

  • New Construction: Yes
  • Roof: Shingle, Metal
  • Construction Type: Site Built
  • View: Water
  • Water Body Name: Lake Wylie
  • Waterfront Features: Lake, Paddlesport Launch Site
  • Construction Type: Fiber Cement, Metal
  • Patio And Porch Features: Covered, Front Porch, Rear Porch

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 554
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway, Garage, Garage Door Opener

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup, Main Level
  • Cooling: Central Air
  • Water Source: City

Condo/Co-op/Association

  • Association Fee: 250
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: Rivers Edge Owners Association
  • Phone: 980-500-1240
  • Association: Yes
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • Association Annual Expense: 250.00

Schools

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

Lot Info

  • Lot Features: Private, Sloped, Wooded, Other - See Remarks
  • Lot Size Area: 1.002
  • Lot Size Units: Acres
  • Parcel Number: 217-321-10
  • Plat Reference Section Pages: 14
  • Development Status: Under Construction
  • Lot Size Acres: 1.002
  • Lot Size Sq Ft: 43647
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R-3

Building Info

  • Builder Name: Nest Homes

MLS Schools

  • Elementary School: Palisades Park
  • High School: Olympic

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 14, 2024
Sold by
Banks Tina S and Banks Brandon Bobby
Bought by
Banks Tina S and Banks Brandon Bobby
Current Estimated Value
$1,228,289

Purchase Details

Listed on
Dec 4, 2020
Closed on
May 5, 2023
Sold by
Nest Homes Llc
Bought by
Banks Tina S
Seller's Agent
Rick Walliser
Valais Properties LLC
Buyer's Agent
Deanna Smith
Exclusive Realty LLC
List Price
$810,325
Sold Price
$936,206
Premium/Discount to List
$125,881
15.53%
Views
7

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.24%
Original Mortgage
$187,242
Interest Rate
6.28%

Purchase Details

Listed on
Dec 4, 2020
Closed on
May 2, 2023
Sold by
Nest Homes Op The Carolinas Llc
Bought by
Nest Homes Llc
Seller's Agent
Rick Walliser
Valais Properties LLC
Buyer's Agent
Deanna Smith
Exclusive Realty LLC
List Price
$810,325
Sold Price
$936,206
Premium/Discount to List
$125,881
15.53%
Views
7

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,242
Interest Rate
6.28%

Purchase Details

Listed on
Dec 4, 2020
Closed on
May 1, 2023
Sold by
Nest Homes Llc
Bought by
Bancroft Calvin and Bancroft Karey
Seller's Agent
Rick Walliser
Valais Properties LLC
Buyer's Agent
Deanna Smith
Exclusive Realty LLC
List Price
$810,325
Sold Price
$936,206
Premium/Discount to List
$125,881
15.53%
Views
7

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,242
Interest Rate
6.28%

Purchase Details

Closed on
Mar 25, 2022
Sold by
River Top Development Llc
Bought by
Nest Homes Llc
Source: Public Records

Range of Values:

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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
Banks Tina S -- None Listed On Document
Banks Tina S $936,500 None Listed On Document
Nest Homes Llc -- None Listed On Document
Bancroft Calvin -- None Listed On Document
Nest Homes Llc $300,000 Farlow Todd J
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Banks Tina S $187,242
Previous Owner Banks Tina S $702,154
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2023 05/19/23 Sold $936,206 +11.9% $243 / Sq Ft
04/02/2021 04/02/21 Pending -- -- --
03/05/2021 03/05/21 Price Changed $836,793 +1.1% $217 / Sq Ft
02/15/2021 02/15/21 Price Changed $827,725 +2.1% $215 / Sq Ft
12/04/2020 12/04/20 For Sale $810,325 -- $210 / 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
2023 $6,700 $697,000 $289,000 $408,000
2022 $897 $100,100 $100,100 $0
2021 $876 $100,100 $100,100 $0
2020 $871 $100,100 $100,100 $0
2019 $863 $100,100 $100,100 $0
2018 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3685741

Canopy MLS (Canopy Realtor® Association)

APN: 217-321-09