NOT LISTED FOR SALE

16808 Lookout Landing Ln Unit 40 Charlotte, NC 28278

The Palisades Neighborhood

Estimated Value: $461,000 - $525,000

2 Beds
2 Baths
1,800 Sq Ft
$271/Sq Ft Est. Value

Last Sold June 12, 2020

Last sale price $305,000 $169 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $3,045/month

82 Days on Market

Highlights

  • Golf Course Community
  • Horse Facilities
  • Fitness Center
  • Palisades Park Elementary School Rated A-
  • Equestrian Center
  • Under Construction

About This Home

As of June 2020

Best priced newly built 1 story home in the Palisades! Lawn-care included inside the amenity-rich Palisades! Enjoy walking trails, amazing Residents Club with resort-style pool, playing courts, and fitness center all an easy walk around the corner. Neighborhood security. Private golf memberships to The Palisades Country Club available or social memberships to the tennis club. Popular Bliss floor plan design with Gourmet kitchen has double wall ovens & separate gas cook top. Master and guest bedroom plus a dual purpose study with glass French Doors that can be an office with a pull out sofa for visitors! Casual dining area off kitchen all open to the Family room with access to rear screened porch. 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: 02/08/2020

Davidson Homes Realty, LLC

Co-Listed By

Anthony Boucher

Avencia Homes License #297234

Last Buyer's Agent

Sheila Chillcott

COMPASS License #268737

COMPASS

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2020 | Under Construction

Lot Details

  • Private Lot
  • Level Lot
  • Lawn

HOA Fees

  • $197 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Ranch Style House
  • Slab Foundation

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
  • 2 Full Bathrooms

Outdoor Features

  • Outdoor Fireplace
  • Terrace

Horse Facilities and Amenities

  • Equestrian Center

Listing and Financial Details

  • Assessor Parcel Number 21718354

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
  • Horse Facilities
  • Trails

Home Details

Home Type

Single Family

Year Built

Built in 2020 | Under Construction

Lot Details

0

HOA Fees

$197 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Ranch
  • Construction Status: Under Construction
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 0.91045
  • Ratio Current Price By Acre: 1286919.83
  • Ratio Current Price By Sq Ft: 169.44
  • Special Assessment Description: Cap Contributiom
  • Special Assessment Yn: Yes
  • Year Built: 2020
  • Special Features: NewHome
  • Stories: 1

Interior Features

  • Foundation Details: Slab
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • Doors and Windows: Insulated Windows
  • Equipment: Cable Prewire, Cooktop Gas, g-Energy Star® Dishwasher, Disposal, Double Oven, 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: Attic Stairs Pulldown, Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s)
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 1800
  • Total Sq Ft: 1800

Exterior Features

  • Construction: Hardboard Siding, Stone Veneer
  • Construction Type: Site Built
  • Exterior Features: Equestrian Facilities, Lawn Maintenance, Outdoor Fireplace, Terrace
  • New Construction: Yes

Garage/Parking

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

Utilities

  • 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, Fitness Center, Golf Course, Lake, Outdoor Pool, Playground, 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: 75x 175x67x143
  • Lot Features: Cul-de-sac Lot, Level, Private
  • Lot Size Area: 0.237
  • Parcel Number: 21718354
  • Zoning Specification: R3

Building Info

  • Builder Name: Lennar

Tax Info

  • Tax Value: 70000.00
  • Tax Location: Mecklenburg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2020
Closed on
Jun 12, 2020
Sold by
Standard Pacific Of The Carolinas Llc
Bought by
Pembleton Cynthia Lyn
Seller's Agent
Wray Farlow
Davidson Homes Realty, LLC
Buyer's Agent
Sheila Chillcott
COMPASS
List Price
$304,999
Sold Price
$305,000
Premium/Discount to List
$1
0.0%
Current Estimated Value
$488,655

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$183,655
Avg. Annual Appreciation
9.26%
Original Mortgage
$244,000
Outstanding Balance
$216,287
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$272,368
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
Pembleton Cynthia Lyn $305,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pembleton Cynthia Lyn $244,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/12/2020 06/12/20 Sold $305,000 0.0% $169 / Sq Ft
04/30/2020 04/30/20 Pending -- -- --
04/17/2020 04/17/20 For Sale $304,999 0.0% $169 / Sq Ft
04/04/2020 04/04/20 Pending -- -- --
04/03/2020 04/03/20 Price Changed $304,999 -0.7% $169 / Sq Ft
04/01/2020 04/01/20 Price Changed $306,999 -1.6% $171 / Sq Ft
03/21/2020 03/21/20 Price Changed $311,999 -6.0% $173 / Sq Ft
02/14/2020 02/14/20 Price Changed $331,999 -0.9% $184 / Sq Ft
02/08/2020 02/08/20 For Sale $334,999 -- $186 / 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 $2,964 $423,800 $75,000 $348,800
2024 $2,964 $423,800 $75,000 $348,800
2023 $2,917 $423,800 $75,000 $348,800
2022 $3,013 $331,700 $70,000 $261,700
2021 $2,942 $331,700 $70,000 $261,700
2020 $263 $70,000 $70,000 $0
2019 $343 $70,000 $70,000 $0
2018 $894 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3590505

Canopy MLS (Canopy Realtor® Association)

APN: 217-183-54