NOT LISTED FOR SALE

5723 Olivet Dr Charlotte, NC 28227

Estimated Value: $442,000 - $576,000

5 Beds
3.5 Baths
2,683 Sq Ft
$188/Sq Ft Est. Value

Sale Details

Date Sold: October 31, 2024

Last sale price $475,000 $177 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $3,454 / mo

Highlights

  • Under Construction
  • Laundry Room
  • Ceiling Fan
  • 2 Car Attached Garage
  • Central Air

About This Home

As of October 2024

Experience luxury living in the prestigious Northway Homes Signature Series, located in the highly desirable Mint Hill area. This exquisite new construction home is on a generous 1.5-acre lot, providing a rare chance to relish in expansive grounds within this sought-after community. With 5 bedrooms, including a convenient main floor bedroom, this residence is designed for both comfort and practicality. The gourmet kitchen, featuring quartz countertops and soft-close cabinets, is ideal for both culinary enthusiasts and entertainers. The upstairs houses the primary bedroom along with the remaining spacious bedrooms, offering ample space for guests. Conveniently situated just off Lawyers Rd, this property offers easy access to major thoroughfares, ensuring a smooth commute while preserving a tranquil residential setting. Mint Hill is a vibrant community, boasting a unique blend of amenities, events, and small-town charm, making it an exceptional place to call home.

Last Agent to Sell the Property

Dulce Delgado

Northway Realty LLC Brokerage Email: dulce@northwayhomes.com License #318548 Listed on: 07/31/2024

Last Buyer's Agent

Non Member

Canopy Administration

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2024 | Under Construction

Lot Details

  • 1.51

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

Laundry

  • Laundry Room
  • Laundry on upper level

Schools

  • Lebanon Elementary School
  • Northeast Middle School
  • Independence High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • Built by Northway Homes LLC
  • Northway 2563

Listing and Financial Details

  • Assessor Parcel Number 10932180

Home Details

Home Type

Single Family

Year Built

Built in 2024 | Under Construction

Lot Details

1.51 Acres

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2024
  • Proposed Completion Date: 2024-08-14
  • Road Surface Type: Concrete, Paved
  • Unit Levels: Two
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 177.04
  • Geocode Confidence: High
  • Attribution Contact: dulce@northwayhomes.com
  • Special Features: NewHome

Interior Features

  • Foundation Details: Slab
  • Fireplace: No
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1182
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 1501
  • Appliances: Dishwasher, Disposal, Electric Range, Electric Water Heater, Microwave, Refrigerator
  • Above Grade Finished Sq Ft: 2683
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Living Area: 2683
  • Bedroom Main: 1

Exterior Features

  • New Construction: Yes
  • Construction Type: Site Built
  • Construction Type: Vinyl

Garage/Parking

  • Main Level Garage YN: 1
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway, Attached Garage, Garage Faces Side

Utilities

  • Heating: Electric, Heat Pump
  • Sewer: Public Sewer
  • Laundry Features: Laundry Room, Upper Level
  • Cooling: Ceiling Fan(s), Central Air
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Northeast
  • HOA Subject To: None

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 10932180
  • Development Status: Under Construction
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R

Building Info

  • Builder Name: Northway Homes LLC

MLS Schools

  • Elementary School: Lebanon
  • High School: Independence

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2024
Closed on
Oct 30, 2024
Sold by
Northway Homes Llc
Bought by
Hernandez-Reyes Lisa
Seller's Agent
Dulce Delgado
Northway Realty LLC
Buyer's Agent
Non Member
Canopy Administration
List Price
$499,999
Sold Price
$475,000
Premium/Discount to List
-$24,999
-5%
Views
220
Current Estimated Value
$537,875

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,875
Avg. Annual Appreciation
3.79%
Original Mortgage
$435,000
Outstanding Balance
$428,840
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$74,700
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Hernandez-Reyes Lisa $475,000 Attorneys Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Hernandez-Reyes Lisa $435,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2024 10/31/24 Sold $475,000 -5.0% $177 / Sq Ft
07/31/2024 07/31/24 For Sale $499,999 -- $186 / Sq Ft
Source: Canopy MLS

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 -- $511,100 $150,400 $360,700
2024 -- -- -- --
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Canopy MLS

MLS Number: 4159327

Canopy MLS

APN: 109-321-80

Your Personal Tour Guide

Ask me questions while you tour the home.