NOT LISTED FOR SALE

16541 Cozy Cove Rd Unit 48 Charlotte, NC 28278

The Palisades Neighborhood

Estimated Value: $751,000 - $756,053

4 Beds
3.5 Baths
3,104 Sq Ft
$243/Sq Ft Est. Value

Last Sold January 31, 2020

Last sale price $490,000 $158 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $4,474/month

113 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 January 2020

Amazing 1 1/2 story popular Gilliam ranch design like our decorated model home. Easy walk to Residents Club pool. Private Nicklaus Palisades Course golf membership initiation fee subsidized by Builder are available for $1000 while they last. Monthly dues still apply. This 1 1/2 story 3108 Sq Ft 4 Br 3.5 bath 3 car garage ranch also has a 2484 walk out basement with plumbing in place to finish a 4th full bath & 5th Bedroom/ large rec room & 2nd kitchen - or have all the storage you need! One of our most popular designs, the Gilliam has a Gourmet kitchen with double wall ovens and gas cook top along with an enormous island. The large kitchen is open to the great room with lots of windows and a sunroom. Screened porch to enjoy the seasons. Study off of foyer with glass French Doors and nice sized formal dining.WiFi Certified home automation complete with Amazon Alexa, Ring Video Doorbell and Echo Dot and much more!

Last Agent to Sell the Property

Wray Farlow

Davidson Homes Realty, LLC License #190331 Listed on: 07/27/2019

Davidson Homes Realty, LLC

Co-Listed By

Linda Mclendon

Lennar Sales Corp License #228082

Last Buyer's Agent

Kim Mccorkle

Assist2sell Buyers & Sellers 1st Choice LLC License #101925

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,513

Year Built

  • Built in 2019 | Under Construction

Lot Details

  • 0.34

HOA Fees

  • $88 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Ranch Style House

Interior Spaces

  • Open Floorplan
  • Gas Log Fireplace
  • Insulated Windows
  • Pull Down Stairs to Attic
  • Kitchen Island

Flooring

  • Engineered Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet

Additional Features

  • Outdoor Fireplace
  • Equestrian Center

Listing and Financial Details

  • Assessor Parcel Number 21718346

Community Details

Overview

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

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

$4,513

Year Built

Built in 2019 | Under Construction

Lot Details

0

HOA Fees

$88 per month

Parking

3

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1.5 Story/Basement
  • Architectural Style: Ranch
  • Construction Status: Under Construction
  • Ratio Close Price By List Price: 0.95891
  • Ratio Close Price By Original Li: 0.92549
  • Ratio Current Price By Acre: 1441176.47
  • Ratio Current Price By Sq Ft: 157.86
  • Special Assessment Description: Cap Contributiom
  • Special Assessment Yn: Yes
  • Year Built: 2019
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Foundation Details: Basement Inside Entrance, Basement Outside Entrance, Basement Partially Finished, Concrete
  • Upper Level Sq Ft: 629
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Total Bedrooms: 4
  • Doors and Windows: Insulated Windows
  • Equipment: Cable Prewire, Convection Oven, Cooktop Gas, g-Energy Star® Dishwasher, Disposal, Double Oven, Ice Maker Connection, Microwave, Natural Gas, Network Ready, Self Cleaning Oven, 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: Attic Stairs Pulldown, Built-Ins, Kitchen Island, Open Floorplan, Pantry, Split BR Plan, Walk-In Closet(s)
  • Laundry Location: Main
  • Room Count: 3
  • Main Level Sq Ft: 2475
  • Total Sq Ft: 3104
  • Sq Ft Unheated Basement: 2484
  • Sq Ft Unheated Main: 655
  • Sq Ft Unheated Total: 3139

Exterior Features

  • Construction: Fiber Cement, Stone Veneer
  • Construction Type: Site Built
  • Exterior Features: Outdoor Fireplace
  • New Construction: Yes

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Garage - 3 Car

Utilities

  • Green Building Features: g-Engineered Wood Products, g-Low VOC Coatings
  • Heating: Central Air, g-Energy Star HVAC, g-Fresh Air Ventilation, 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, Equestrian Trails, Fitness Center, Golf Course, Lake, Playground, Outdoor Pool, Recreation Area, Security, Sidewalk, Street Lights, Tennis Court(s), Walking Trails
  • Association Fee: 264.00
  • 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: 90x165
  • Lot Features: Lake Access, Long Range View, Winter View
  • Lot Size Area: 0.340
  • Parcel Number: 21718346
  • Zoning Specification: R 100

Building Info

  • Builder Name: Lennar

Tax Info

  • Tax Location: Mecklenburg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2019
Closed on
Jan 31, 2020
Sold by
Standard Pacific Of The Carolinas Llc
Bought by
Flaniken Andrew S and Flamken Laura S
Seller's Agent
Wray Farlow
Davidson Homes Realty, LLC
Buyer's Agent
Kim Mccorkle
Assist2sell Buyers & Sellers 1st Choice LLC
List Price
$529,449
Sold Price
$490,000
Premium/Discount to List
-$39,449
-7.45%
Current Estimated Value
$753,263

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$263,263
Avg. Annual Appreciation
7.85%
Original Mortgage
$441,000
Outstanding Balance
$391,214
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$362,049
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
Flaniken Andrew S $490,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flaniken Andrew S $441,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2020 01/31/20 Sold $490,000 -4.1% $158 / Sq Ft
11/17/2019 11/17/19 Pending -- -- --
10/19/2019 10/19/19 Price Changed $510,999 -1.6% $165 / Sq Ft
09/14/2019 09/14/19 Price Changed $519,449 -1.9% $167 / Sq Ft
07/27/2019 07/27/19 For Sale $529,449 -- $171 / 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 $4,513 $649,000 $75,000 $574,000
2024 $4,513 $649,000 $75,000 $574,000
2023 $4,443 $649,000 $75,000 $574,000
2022 $4,803 $531,300 $70,000 $461,300
2021 $4,688 $531,300 $70,000 $461,300
2020 $3,447 $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
2016 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3533978

Canopy MLS (Canopy Realtor® Association)

APN: 217-183-46