NOT LISTED FOR SALE

18034 Newtonmore Dr Unit 348 Charlotte, NC 28278

The Palisades Neighborhood

Estimated Value: $577,873 - $620,000

3 Beds
3.5 Baths
2,720 Sq Ft
$221/Sq Ft Est. Value

Last Sold February 24, 2023

Last sale price $499,990 $184 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $3,664/month

72 Days on Market

Highlights

  • Under Construction
  • Open Floorplan
  • Corner Lot
  • Palisades Park Elementary School Rated A-
  • Deck
  • Lawn

About This Home

As of February 2023

MLS#3921508 ~ REPRESENTATIVE PHOTOS ADDED. Winter Completion! This spacious one and a half story Laney home at Pinnacle at North Reach has a wealth of curb appeal and charm! The living and entertaining spaces are encompassed by a beautiful kitchen with island, breakfast nook, and large gathering room featuring a cozy a fireplace. A private foyer off the gathering room leads to the lovely owner’s suite with an impressive walk-in shower and walk-in closet. Design upgrades feature 5 ¼ base molding, gourmet kitchen with gas cooktop and Moen 3 function vertical spa in owner’s bath and full oak tread risers. Structural options added include: Tray ceiling at owner’s suite, owner’s bath 3, game room with attic suite, outdoor living deck, door to laundry from owner’s closet, windows at owner’s suite, gourmet kitchen, fireplace.

Last Agent to Sell the Property

Maria Phillips

DRB Group of North Carolina, LLC Brokerage Email: mphillips@taylormorrison.com License #277349 Listed on: 11/08/2022

Co-Listed By

Claudia Talarico

Taylor Morrison of Carolinas Inc Brokerage Email: mphillips@taylormorrison.com License #293769

Last Buyer's Agent

Alan Trejo

Keller Williams South Park License #332196

Keller Williams South Park

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,608

Year Built

  • Built in 2023 | Under Construction

Lot Details

  • 8,842 Sq Ft Lot
  • Lot Dimensions are 50x120
  • Corner Lot
  • Cleared Lot
  • Lawn
  • Property is zoned MX-3

HOA Fees

  • $188 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Driveway

Home Design

  • Slab Foundation
  • Stone Siding

Interior Spaces

  • 1.5-Story Property
  • Open Floorplan
  • Wired For Data
  • Gas Fireplace
  • Entrance Foyer
  • Family Room with Fireplace

Kitchen

  • Built-In Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Vented Exhaust Fan
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 21723345

Community Details

Overview

  • Community Association Mgmt Association, Phone Number (704) 731-5584
  • Built by Taylor Morrison
  • North Reach Subdivision, Laney Craftsman Floorplan
  • Mandatory home owners association

Recreation

  • Trails

Security

  • Card or Code Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,608

Year Built

Built in 2023 | Under Construction

Lot Details

0

HOA Fees

$188 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Other
  • Year Built: 2023
  • Restrictions: Architectural Review
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Proposed Completion Date: 2023-01-31
  • Road Surface Type: Concrete
  • Unit Levels: One and One Half
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 183.82
  • Attribution Contact: mphillips@taylormorrison.com
  • Special Features: NewHome

Interior Features

  • Foundation Details: Slab, Other - See Remarks
  • Fireplace: Yes
  • Flooring: Carpet, Laminate, Tile
  • Interior Amenities: Entrance Foyer, Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s), Walk-In Pantry
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1820
  • 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: 167
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 900
  • Appliances: Dishwasher, Disposal, Electric Water Heater, Exhaust Fan, Exhaust Hood, Gas Cooktop, Microwave, Oven, Plumbed For Ice Maker, Wall Oven
  • Above Grade Finished Sq Ft: 2720
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Family Room, Gas Log, Gas Vented
  • Living Area: 2720
  • Bedroom Main: 2
  • Room Count: 10
  • Sq Ft Other: 0

Exterior Features

  • Exterior Features: Lawn Maintenance
  • New Construction: Yes
  • Roof: Shingle
  • Construction Type: Site Built
  • Waterfront Features: Lake
  • Construction Type: Fiber Cement, Stone
  • Patio And Porch Features: Covered, Deck, Front Porch, Rear Porch

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 413
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway, Garage, Keypad Entry

Utilities

  • Heating: Zoned
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup, Laundry Room, Main Level
  • Security: Carbon Monoxide Detector(s)
  • Cooling: Central Air, Zoned
  • Utilities: Wired Internet Available
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights, Walking Trails
  • Association Fee: 2250
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: Community Association Mgmt
  • Phone: 704-731-5584
  • Association: Yes
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • Association Annual Expense: 2250.00

Schools

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

Lot Info

  • Lot Features: Cleared, Corner Lot
  • Lot Size Area: 0.203
  • Lot Size Units: Acres
  • Parcel Number: 21723345
  • Development Status: Under Construction
  • Lot Size Acres: 0.203
  • Lot Size: 50x120
  • Lot Size Sq Ft: 8842
  • ResoLotSizeUnits: Acres
  • Zoning Specification: MX-3

Building Info

  • Builder Name: Taylor Morrison

MLS Schools

  • Elementary School: Palisades Park
  • High School: Palisades

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2022
Closed on
Feb 24, 2023
Sold by
Taylor Morrison Of Carolinas Inc
Bought by
Castro Eirck Olvera and Olvera Nakary Maday
Seller's Agent
Maria Phillips
DRB Group of North Carolina, LLC
Buyer's Agent
Alan Trejo
Keller Williams South Park
List Price
$499,990
Sold Price
$499,990
Views
36
Current Estimated Value
$600,718

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,728
Avg. Annual Appreciation
7.14%
Original Mortgage
$480,290
Outstanding Balance
$465,746
Interest Rate
6.33%
Mortgage Type
FHA
Estimated Equity
$134,972

Purchase Details

Closed on
Sep 1, 2022
Sold by
North Reach Holdings Llc
Bought by
Taylor Morrison Of Carolinas Inc
Source: Public Records

Range of Values:

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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
Castro Eirck Olvera $500,000 --
Taylor Morrison Of Carolinas Inc $804,000 --
Taylor Morrison/Carolinas Inc $804,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Castro Eirck Olvera $480,290
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/24/2023 02/24/23 Sold $499,990 0.0% $184 / Sq Ft
01/19/2023 01/19/23 Pending -- -- --
01/16/2023 01/16/23 For Sale $499,990 0.0% $184 / Sq Ft
01/02/2023 01/02/23 Pending -- -- --
12/15/2022 12/15/22 Price Changed $499,990 -3.8% $184 / Sq Ft
12/08/2022 12/08/22 Price Changed $519,990 -4.6% $191 / Sq Ft
11/08/2022 11/08/22 Price Changed $544,990 -0.1% $200 / Sq Ft
11/08/2022 11/08/22 For Sale $545,518 -- $201 / 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 $3,608 $517,500 $110,000 $407,500
2024 $3,608 $517,500 $110,000 $407,500
2023 $3,608 $396,800 $110,000 $286,800
2022 $0 $75,000 $75,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3921508

Canopy MLS (Canopy Realtor® Association)

APN: 217-233-45