NOT LISTED FOR SALE

5827 Cheerful Ln Unit 273 Charlotte, NC 28215

Bradfield Farms Neighborhood

Estimated Value: $613,140 - $652,000

2 Beds
3 Baths
2,249 Sq Ft
$281/Sq Ft Est. Value

Last Sold November 30, 2020

Last sale price $488,465 $217 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $4,155/month

Highlights

  • Community Cabanas
  • Under Construction
  • Open Floorplan
  • Fitness Center
  • Senior Community
  • Clubhouse

About This Home

As of November 2020

This home is located at 5827 Cheerful Ln Unit 273, Charlotte, NC 28215 since 12 March 2020 and is currently estimated at $632,035, approximately $281 per square foot. This property was built in 2020. 5827 Cheerful Ln Unit 273 is a home located in Mecklenburg County with nearby schools including Clear Creek Elementary, Northeast Middle, and Rocky River High School.

Last Agent to Sell the Property

Mike Mclendon

McLendon Real Estate Partners LLC License #60747 Listed on: 03/12/2020

Last Buyer's Agent

Non Member

Canopy Administration

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,124

Year Built

  • Built in 2020 | Under Construction

Lot Details

  • Corner Lot
  • Irrigation
  • Lawn

HOA Fees

  • $249 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Transitional Architecture
  • Slab Foundation

Interior Spaces

  • Open Floorplan
  • Tray Ceiling
  • Fireplace
  • Insulated Windows
  • Pull Down Stairs to Attic
  • Kitchen Island

Flooring

  • Engineered Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • 3 Full Bathrooms

Listing and Financial Details

  • Assessor Parcel Number 11120883

Community Details

Overview

  • Senior Community
  • First Service Residential Association, Phone Number (980) 228-9044
  • Built by KOLTER Homes

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Recreation Facilities
  • Fitness Center
  • Community Cabanas
  • Community Indoor Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,124

Year Built

Built in 2020 | Under Construction

Lot Details

0

HOA Fees

$249 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story/F.R.O.G.
  • Architectural Style: Transitional
  • Construction Status: Under Construction
  • Ratio Close Price By List Price: 1.15292
  • Ratio Close Price By Original Li: 1.15292
  • Ratio Current Price By Acre: 2873323.53
  • Ratio Current Price By Sq Ft: 217.19
  • Year Built: 2020
  • Special Features: NewHome
  • Stories: 1

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 237
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 2
  • Doors and Windows: Insulated Windows
  • Equipment: Ceiling Fan(s), CO Detector, Dishwasher, Disposal, Electric Dryer Hookup, Ice Maker Connection, Microwave, Security System
  • Fireplace Description: Gas Vented, Great Room
  • Fireplace: Yes
  • Flooring: Carpet, Prefinished Wood, Tile
  • H O A Management Phone: 980-228-9044
  • Interior Amenities: Attic Stairs Pulldown, Kitchen Island, Open Floorplan, Pantry, Tray Ceiling, Walk-In Closet(s), Walk-In Pantry
  • Laundry Location: Main, Laundry Room
  • Room Count: 2
  • Main Level Sq Ft: 2012
  • Total Sq Ft: 2249
  • Sq Ft Unheated Main: 748
  • Sq Ft Unheated Total: 748

Exterior Features

  • Construction: Fiber Cement
  • Construction Type: Site Built
  • Exterior Features: In-Ground Irrigation, Lawn Maintenance
  • New Construction: Yes

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Driveway, Garage - 2 Car, Garage Door Opener, Keypad Entry

Utilities

  • Heating: Central Air, Gas Hot Air Furnace
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Community Features: 55 and Older, Cabana, Club House, Fitness Center, Indoor Pool, Outdoor Pool, Recreation Area, Sidewalk, Street Lights, Tennis Court(s)
  • Association Fee: 249.00
  • Association Fee Frequency: Monthly
  • HOA Management Company: First Service Residential
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Clear Creek
  • Middle School: Northeast
  • High School: Rocky River

Lot Info

  • Lot Features: Corner Lot
  • Lot Size Area: 0.170
  • Parcel Number: 11120883
  • Zoning Specification: MX-1

Building Info

  • Builder Name: KOLTER Homes

Tax Info

  • Tax Location: Charlotte

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2020
Closed on
Nov 30, 2020
Sold by
Kh Mint Hill Lp
Bought by
Overcash Larry Wilburn and Overcash Barbara Cobaugh
Seller's Agent
Mike Mclendon
McLendon Real Estate Partners LLC
Buyer's Agent
Non Member
Canopy Administration
List Price
$423,675
Sold Price
$488,465
Premium/Discount to List
$64,790
15.29%
Current Estimated Value
$644,973

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,508
Avg. Annual Appreciation
6.19%
Original Mortgage
$350,000
Outstanding Balance
$315,684
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$331,236
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
Overcash Larry Wilburn $488,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Overcash Larry Wilburn $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2020 11/30/20 Sold $488,465 +15.3% $217 / Sq Ft
04/09/2020 04/09/20 Pending -- -- --
04/09/2020 04/09/20 For Sale $423,675 -- $188 / 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
2023 $4,124 $543,200 $100,000 $443,200
2022 $3,807 $394,500 $82,000 $312,500
2021 $3,921 $394,500 $82,000 $312,500
Source: Public Records

Agents Affiliated with this Home

  • Mike Mclendon

    Seller's Agent in 2020

    Mike Mclendon

    McLendon Real Estate Partners LLC

    (704) 904-7738

    177 in this area

    298 Total Sales

    Section Image

  • N

    Buyer's Agent in 2020

    Non Member

    NC_CanopyMLS

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3610799

Canopy MLS (Canopy Realtor® Association)

APN: 111-208-83

North Carolina Mecklenburg County Charlotte 28215 Bradfield Farms

5827 Cheerful Ln Unit 273, Charlotte, NC

This home is located at 5827 Cheerful Ln Unit 273, Charlotte, NC 28215 since 12 March 2020 and is currently estimated at $632,035, approximately $281 per square foot. This property was built in 2020. 5827 Cheerful Ln Unit 273 is a home located in Mecklenburg County with nearby schools including Clear Creek Elementary, Northeast Middle, and Rocky River High School.

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