NOT LISTED FOR SALE

16521 Munson Hill Rd Unit 10 Charlotte, NC 28278

The Palisades Neighborhood

Estimated Value: $1,160,000 - $1,571,000

4 Beds
4.5 Baths
3,830 Sq Ft
$364/Sq Ft Est. Value

Last Sold February 22, 2024

Last sale price $1,282,084 $335 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $8,044/month

3 Days on Market

Highlights

  • Under Construction
  • Waterfront
  • Open Floorplan
  • Palisades Park Elementary School Rated A-
  • 0.72 Acre Lot
  • Private Lot

About This Home

As of February 2024

Situated near the popular Palisades Community on Lake Wylie is one of Charlotte's newest Waterfront Communities, Rivers Edge. This New Construction Lakefront Home has a Modern Farmhouse style and feel making it every new homeowners Dream Come True. Whether its 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 "Lakefront Charm". 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.
Welcome Home

Last Agent to Sell the Property

Rick Walliser

Valais Properties LLC Brokerage Email: rick@rickwalliser.com License #214475 Listed on: 01/27/2022

Co-Listed By

Sophia Hume

Pilot Realty & Development Brokerage Email: rick@rickwalliser.com License #203425

Last Buyer's Agent

Liz Young

RE/MAX Executive License #211192

RE/MAX Executive

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,353

Year Built

  • Built in 2022 | Under Construction

Lot Details

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

HOA Fees

  • $21 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Workshop in 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
  • Basement

Kitchen

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

Flooring

  • Wood
  • Tile

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
  • Heating System Uses Propane
  • Propane Water Heater
  • Cable TV Available

Additional Features

  • More Than Two Accessible Exits
  • Covered patio or porch

Community Details

  • Built by Nest Homes
  • Rivers Edge Subdivision, Meadowlark Elevation B Floorplan
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 21720125

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,353

Year Built

Built in 2022 | Under Construction

Lot Details

0

HOA Fees

$21 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Modern
  • Year Built: 2022
  • Restrictions: Livestock Restriction,Manufactured Home Not Allowed,No Representation
  • Proposed Completion Date: 2022-09-24
  • Road Surface Type: Concrete
  • Unit Levels: Two
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 334.75
  • Attribution Contact: rick@rickwalliser.com
  • Special Features: NewHome

Interior Features

  • Foundation Details: Basement, Other - See Remarks
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Cable Prewire, Drop Zone, Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s), Walk-In Pantry
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 2118
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 2127
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 2127
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 1712
  • Appliances: Dishwasher, Disposal, Double Oven, Gas Cooktop, Microwave, Plumbed For Ice Maker, Propane Water Heater, Self Cleaning Oven
  • Above Grade Finished Sq Ft: 3830
  • Accessibility Features: Two or More Access Exits
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Great Room
  • Living Area: 3830
  • Bedroom Main: 1
  • Room Count: 11

Exterior Features

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

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 525
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway, Garage, Garage Door Opener, Garage Shop

Utilities

  • Heating: Propane
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup, Main Level
  • Cooling: Central Air
  • Utilities: Cable Available, Propane
  • Water Source: City

Condo/Co-op/Association

  • Association Fee: 250
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • 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, Waterfront, Other - See Remarks, Lake On Property
  • Lot Size Area: 0.72
  • Lot Size Units: Acres
  • Parcel Number: 21720125
  • Plat Reference Section Pages: 14
  • Development Status: Under Construction
  • Lot Size Acres: 0.72
  • Lot Size Sq Ft: 31363
  • 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

Listed on
Jan 27, 2022
Closed on
Feb 12, 2024
Sold by
Nest Homes Llc
Bought by
Bilobran Gregory M
Seller's Agent
Rick Walliser
Valais Properties LLC
Buyer's Agent
Liz Young
RE/MAX Executive
List Price
$1,211,850
Sold Price
$1,282,084
Premium/Discount to List
$70,234
5.8%
Views
12
Current Estimated Value
$1,402,108

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,024
Avg. Annual Appreciation
-0.30%
Original Mortgage
$980,000
Outstanding Balance
$967,534
Interest Rate
6.66%
Mortgage Type
New Conventional
Estimated Equity
$308,906

Purchase Details

Closed on
Nov 10, 2023
Sold by
Nest Homes Of The Carolinas Llc
Bought by
Nest Homes Llc

Purchase Details

Closed on
Apr 26, 2022
Sold by
River Top Development Llc
Bought by
Nest Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$885,000
Interest Rate
4.67%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 14, 2018
Sold by
Seven Eagles Buildings Group Llc
Bought by
River Top Development Llc

Purchase Details

Closed on
Nov 9, 2016
Sold by
Lw Acquitstion Company Llc
Bought by
Seven Eagles Building Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
3.47%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 11, 2014
Sold by
Kummer Schiffi N and Kummer Karen S
Bought by
Lw Acquisition Co Llc

Purchase Details

Closed on
Apr 19, 2010
Sold by
Half Moon Cove Llc
Bought by
Schiffli N William and Kummer Karen S
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
Bilobran Gregory M $1,282,500 None Listed On Document
Nest Homes Llc -- None Listed On Document
Nest Homes Llc $550,000 Farlow Todd L
Nest Homes Of The Carolinas Llc -- --
River Top Development Llc $1,650,000 None Available
Seven Eagles Building Group Llc -- None Available
Lw Acquisition Co Llc $180,000 None Available
Schiffli N William $115,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bilobran Gregory M $980,000
Previous Owner Nest Homes Of The Carolinas Llc $885,000
Previous Owner Seven Eagles Building Group Llc $1,100,000
Previous Owner Lw Acquisition Co Llc $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2024 02/22/24 Sold $1,282,084 +5.8% $335 / Sq Ft
01/30/2022 01/30/22 Pending -- -- --
01/27/2022 01/27/22 For Sale $1,211,850 -- $316 / 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 $3,353 $508,500 $340,000 $168,500
2022 $2,690 $300,000 $300,000 $0
2021 $2,625 $300,000 $300,000 $0
2020 $2,610 $300,000 $300,000 $0
2019 $2,585 $300,000 $300,000 $0
2018 $3,353 $300,000 $300,000 $0
2017 $3,331 $300,000 $300,000 $0
2016 $3,291 $300,000 $300,000 $0
2015 $3,261 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3825155

Canopy MLS (Canopy Realtor® Association)

APN: 217-201-25