NOT LISTED FOR SALE

16525 Palisades Commons Dr Unit 186 Charlotte, NC 28278

The Palisades Neighborhood

Estimated Value: $630,408 - $663,000

5 Beds
3 Baths
3,110 Sq Ft
$209/Sq Ft Est. Value

Last Sold April 12, 2023

Last sale price $580,000 $186 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $4,042/month

6 Days on Market

Highlights

  • Open Floorplan
  • Living Room with Fireplace
  • Wood Flooring
  • Palisades Park Elementary School Rated A-
  • Traditional Architecture
  • Mud Room

About This Home

As of April 2023

Lovely 5/3 located in Austin Creeks’ section of The Palisades. Upgrades abound, crown molding & wainscoting in the foyer and dining room. Open plan connects the great room, gourmet kitchen & breakfast area. Gourmet kitchen has gas cooktop, large island, granite counters, tons of beautiful cabinetry & butler’s pantry. Breakfast area overlooks the screened-in porch & paver patio. Main level bedroom with adjoining full bath, perfect for guest. Upstairs the over-sized owner's suite includes luxury master bath with 2 large walk-in closets, dual sinks, soaker tub & separate show with bench seat. Upstairs is the spacious loft, 3 large bedrooms & full bath. The laundry room is conveniently located upstairs, too. The Palisades community offers walking trails, a pool, club house, playground, basketball courts & pickleball court. Palisades Country Club offers additional membership for a fee (golf, tennis, etc.)

Last Agent to Sell the Property

Belinda Elder

Allen Tate Charlotte South License #96841 Listed on: 01/28/2023

Allen Tate Charlotte South

Last Buyer's Agent

Lorie Stadick

ERA Live Moore License #276799

ERA Live Moore

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,691

Year Built

  • Built in 2017

Lot Details

  • 10,018 Sq Ft Lot
  • Property is zoned R-3

HOA Fees

  • $96 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Mud Room
  • Entrance Foyer
  • Living Room with Fireplace
  • Screened Porch

Kitchen

  • Built-In Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • 3 Full Bathrooms

Outdoor Features

  • Patio

Schools

  • Palisades Park Elementary School
  • Southwest Middle School

Utilities

  • Central Air
  • Vented Exhaust Fan
  • Gas Water Heater

Community Details

  • Cam Palisades Residential HOA Of Mecklenburg Association, Phone Number (704) 731-5560
  • The Palisades Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 217-302-52
  • Tax Block 950

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,691

Year Built

Built in 2017

Lot Details

0

HOA Fees

$96 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 2017
  • Restrictions: Architectural Review,Building,Deed,Square Feet,Subdivision
  • Restrictions Description: CCR's and Bylaws
  • Road Surface Type: Concrete
  • Unit Levels: Two
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 186.50
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Drop Zone, Entrance Foyer, Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1381
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 167
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 338
  • Sq Ft Unheated Upper: 171
  • Sq Ft Upper: 1729
  • Appliances: Dishwasher, Disposal, Exhaust Fan, Gas Cooktop, Gas Water Heater, Microwave, Wall Oven
  • Above Grade Finished Sq Ft: 3110
  • Basement YN: No
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: Living Room
  • Living Area: 3110
  • Bedroom Main: 1
  • Room Count: 10

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Exclusions: Baby gates do not convey
  • Construction Type: Brick Partial, Fiber Cement
  • Patio And Porch Features: Patio, Screened

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 423
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Upper Level
  • Cooling: Ceiling Fan(s), Central Air
  • Utilities: Gas
  • Water Source: City

Condo/Co-op/Association

  • Association Fee: 289
  • Association Fee Frequency: Quarterly
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: CAM - Palisades Residential HOA of Mecklenburg
  • Phone: 704-731-5560
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly
  • Association Email: Christina.Blue22@outlook.com

Association/Amenities

  • Association Annual Expense: 1156.00

Schools

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

Lot Info

  • Lot Size Area: 0.23
  • Lot Size Units: Acres
  • Parcel Number: 217-302-52
  • Plat Book Slide: 57
  • Lot Size Acres: 0.23
  • Lot Size Sq Ft: 10018
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R-3

Tax Info

  • Tax Block: 950

MLS Schools

  • Elementary School: Palisades Park
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2023
Closed on
Apr 12, 2023
Sold by
Faulkner Bryan and Faulkner Isabell
Bought by
Amstalden Luis and Amstalden Juliana Vacilotto
Seller's Agent
Belinda Elder
Allen Tate Charlotte South
Buyer's Agent
Lorie Stadick
ERA Live Moore
List Price
$590,000
Sold Price
$580,000
Premium/Discount to List
-$10,000
-1.69%
Views
47
Current Estimated Value
$651,102

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,102
Avg. Annual Appreciation
6.20%
Original Mortgage
$464,000
Outstanding Balance
$423,085
Interest Rate
5.89%
Mortgage Type
New Conventional
Estimated Equity
$238,554

Purchase Details

Closed on
Aug 16, 2017
Sold by
Standard Pacific Of The Carolinas Llc
Bought by
Faulkner Bryan and Faulkner Isabell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,756
Interest Rate
3.96%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Amstalden Luis $580,000 Chicago Title
Faulkner Bryan $376,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Amstalden Luis $464,000
Previous Owner Faulkner Bryan $300,756
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2023 04/12/23 Sold $580,000 -1.7% $186 / Sq Ft
02/04/2023 02/04/23 Pending -- -- --
01/28/2023 01/28/23 For Sale $590,000 -- $190 / 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 $3,691 $538,000 $170,000 $368,000
2022 $3,549 $345,600 $75,000 $270,600
2021 $3,064 $345,600 $75,000 $270,600
2020 $3,046 $345,600 $75,000 $270,600
2019 $3,012 $345,600 $75,000 $270,600
2018 $3,549 $35,000 $35,000 $0
2017 $389 $35,000 $35,000 $0
2016 $384 $100 $100 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3936895

Canopy MLS (Canopy Realtor® Association)

APN: 217-302-52