NOT LISTED FOR SALE

16851 Cozy Cove Rd Unit PL169 Charlotte, NC 28278

The Palisades Neighborhood

Estimated Value: $642,000 - $825,000

6 Beds
5.5 Baths
4,117 Sq Ft
$183/Sq Ft Est. Value

Last Sold November 29, 2021

Last sale price $500,529 $122 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $4,450/month

3 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 November 2021

THE PALISADES…Resort-Style Living at its best; Private Residents Club featuring swimming pools, a fitness center, tot lot, sport courts and much more. The very spacious Granville plan gives you a 6 Bedroom/5.5 Bath home in the new Lanterns community. This home is currently under construction.

Last Agent to Sell the Property

Angela Kruger

Lennar Sales Corp License #221206 Listed on: 05/05/2021

Lennar Sales Corp

Co-Listed By

Linda Mclendon

Lennar Sales Corp License #228082

Last Buyer's Agent

Bob Fredrickson

NextHome Reliance License #300439

NextHome Reliance

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,361

Year Built

  • Built in 2021 | Under Construction

Lot Details

  • 0.39

HOA Fees

  • $88 Monthly HOA Fees

Parking

  • 2

Home Design

  • Transitional Architecture
  • Slab Foundation

Interior Spaces

  • Open Floorplan
  • Fireplace

Flooring

  • Engineered Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet

Schools

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

Horse Facilities and Amenities

  • Equestrian Center

Listing and Financial Details

  • Assessor Parcel Number 21718419

Community Details

Overview

  • Cams Association, Phone Number (704) 731-5585
  • Built by Lennar

Amenities

  • Clubhouse

Recreation

  • Golf Course Community
  • Sport Court
  • Community Playground
  • Fitness Center
  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,361

Year Built

Built in 2021 | Under Construction

Lot Details

0

HOA Fees

$88 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 3 Story
  • Architectural Style: Transitional
  • Construction Status: Under Construction
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Acre: 1254458.65
  • Ratio Current Price By Sq Ft: 121.58
  • Year Built: 2021
  • Special Features: NewHome
  • Stories: 3

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 1813
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bathrooms: 6.00
  • Total Bedrooms: 6
  • Equipment: Cable Prewire
  • Fireplace Description: Gas Vented, Great Room
  • Fireplace: Yes
  • Flooring: Carpet, Prefinished Wood, Tile
  • H O A Management Phone: 7047315585
  • Interior Amenities: Open Floorplan, Walk-In Closet(s)
  • Laundry Location: Upper
  • Room Count: 3
  • Main Level Sq Ft: 1512
  • Third Level Sq Ft: 792
  • Total Sq Ft: 4117

Exterior Features

  • Construction: Brick Partial, Fiber Cement
  • Construction Type: Site Built
  • New Construction: Yes

Garage/Parking

  • Driveway: Concrete
  • Parking: Garage - 2 Car
  • Sq Ft Garage: 424

Utilities

  • Heating: Central Air, Multizone A/C
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Club House, Equestrian Facilities, Fitness Center, Golf Course, Outdoor Pool, Playground, Security, Sport Court, Street Lights, Walking Trails
  • Association Fee: 265.00
  • Association Fee Frequency: Quarterly
  • HOA Management Company: CAMS
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Palisades Park
  • Middle School: Southwest
  • High School: Olympic
  • Middle Or Junior School: Southwest

Lot Info

  • Lot Dimension: Per Plat
  • Lot Features: Cul-de-sac Lot
  • Lot Size Area: 0.399
  • Parcel Number: 21718419
  • Zoning Specification: MX-3

Building Info

  • Builder Name: Lennar

Tax Info

  • Tax Location: Mecklenburg

MLS Schools

  • Elementary School: Palisades Park
  • High School: Olympic

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2021
Closed on
Nov 29, 2021
Sold by
Standard Pacific Of The Carolinas Llc
Bought by
Reichenbach Michelle and Reichenbach Donald
Seller's Agent
Angela Kruger
Lennar Sales Corp
Buyer's Agent
Bob Fredrickson
NextHome Reliance
List Price
$500,529
Sold Price
$500,529
Current Estimated Value
$754,334

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$253,805
Avg. Annual Appreciation
11.18%
Original Mortgage
$300,529
Outstanding Balance
$276,185
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$478,149
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
Reichenbach Michelle $501,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reichenbach Michelle $300,529
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/29/2021 11/29/21 Sold $500,529 0.0% $122 / Sq Ft
05/08/2021 05/08/21 Pending -- -- --
05/05/2021 05/05/21 For Sale $500,529 -- $122 / 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 $4,361 $626,900 $125,000 $501,900
2024 $4,361 $626,900 $125,000 $501,900
2023 $4,293 $626,900 $125,000 $501,900
2022 $3,548 $391,300 $70,000 $321,300
2021 $170 $70,000 $70,000 $0
2020 $169 $70,000 $70,000 $0
2019 $168 $70,000 $70,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3738346

Canopy MLS (Canopy Realtor® Association)

APN: 217-184-19