NOT LISTED FOR SALE

Estimated Value: $2,270,000 - $2,716,621

6 Beds
5.5 Baths
7,237 Sq Ft
$349/Sq Ft Est. Value

Last Sold March 05, 2021

Last sale price $1,500,000 $207 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $15,317/month

115 Days on Market

Highlights

  • Whirlpool in Pool
  • Gated Community
  • Open Floorplan
  • South Charlotte Middle Rated A-
  • Waterfront
  • Community Lake

About This Home

As of March 2021

The exclusive gated community of Challis Farm is golf cart friendly and has access to Carmel CC for its members. This private waterfront estate boasts 10 ft. ceilings on the main floor and beautiful year round views of Lake Challis. Custom built home, featuring a white gourmet kitchen/open family rm., remodeled in 2015. A large guest suite on the main floor can be a second master suite. Large living room and an office/study with dual fireplace. Hardwoods on the main floor and upstairs hallway. Huge master suite upstairs offers great privacy, lake views, and a tray ceiling. The large white master bath has heated tile floors and two large walk-in his & her closets. All bedrooms are good size with large closets. Fully finished walk out basement with updated flooring features a media room, family room, fitness room and large bedroom with spa like steam bathroom. Relaxing covered terrace with stone fireplace & incredible views to the lake. Three car garage with circular driveway.

Last Agent to Sell the Property

Kelly Stimart

Corcoran HM Properties License #124672 Listed on: 08/19/2020

Corcoran HM Properties

Last Buyer's Agent

Rebecca McGrath

Cottingham Chalk License #202954

Cottingham Chalk

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1995

Lot Details

  • Waterfront
  • Irrigation

HOA Fees

  • $162 Monthly HOA Fees

Parking

  • Attached Garage
  • Circular Driveway

Home Design

  • Traditional Architecture

Interior Spaces

  • Open Floorplan
  • Tray Ceiling
  • Skylights
  • Gas Log Fireplace
  • Insulated Windows
  • Window Treatments
  • Kitchen Island
  • Attic

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet

Outdoor Features

  • Whirlpool in Pool
  • Outdoor Fireplace
  • Outdoor Kitchen
  • Terrace

Listing and Financial Details

  • Assessor Parcel Number 211-621-06

Community Details

Overview

  • Hawthorne Association, Phone Number (704) 377-0114
  • Community Lake

Security

  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 1995

Lot Details

0

HOA Fees

$162 per month

Parking

3

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story/Basement
  • Architectural Style: Traditional
  • Ratio Close Price By List Price: 0.94044
  • Ratio Close Price By Original Li: 0.94044
  • Ratio Current Price By Acre: 1948051.95
  • Ratio Current Price By Sq Ft: 207.27
  • Year Built: 1995
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement Fully Finished
  • Upper Level Sq Ft: 2518
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bathrooms: 6.00
  • Total Bedrooms: 6
  • Doors and Windows: g-Insulated Door(s), Insulated Windows
  • Equipment: Beverage Refrigerator, Cable Prewire, Ceiling Fan(s), Central Vacuum, Convection Oven, Dishwasher, Disposal, Double Oven, Gas Range, Microwave, Refrigerator, Security System, Surround Sound, Wall Oven, Warming Drawer, Wine Refrigerator
  • Fireplace Description: Den, FAMILYRM, Gas Logs, Great Room
  • Fireplace: Yes
  • Fixture Exception Description: Dining Room Light Fixture
  • Fixture Exception Yn: Yes
  • Flooring: Carpet, Laminate Wood, Tile, Wood
  • H O A Management Phone: 704-377-0114
  • Interior Amenities: Attic Walk-in, Built-Ins, Kitchen Island, Open Floorplan, Skylight(s), Tray Ceiling, Walk-In Closet(s), Walk-In Pantry, Whirlpool, Window Treatments
  • Laundry Location: Upper, Laundry Room
  • Room Count: 3
  • Sq Ft Basement: 1923
  • Main Level Sq Ft: 2796
  • Total Sq Ft: 7237
  • Sq Ft Unheated Basement: 837
  • Sq Ft Unheated Total: 1126
  • Sq Ft Unheated Upper: 289

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard, In-Ground Irrigation, Outdoor Fireplace, Outdoor Kitchen, Terrace

Garage/Parking

  • Driveway: Circular, Concrete
  • Parking: Attached Garage, Driveway, Garage - 3 Car, Garage Door Opener, Side Load Garage

Utilities

  • Heating: Central Air, Gas Hot Air Furnace, Multizone A/C, MultiZone Heat, g-Radiant Heated Floors
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Community Features: Gated Community, Lake, Security, Sidewalk, Street Lights
  • Association Fee: 485.00
  • Association Fee Frequency: Quarterly
  • HOA Management Company: Hawthorne
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: McAlpine
  • Middle School: South Charlotte
  • High School: South Mecklenburg

Lot Info

  • Lot Features: Lake, Lake Access, Waterfront, Year Round View
  • Lot Size Area: 0.770
  • Parcel Number: 211-621-06
  • Zoning Specification: R15PUD

Tax Info

  • Tax Value: 1246600.00
  • Tax Location: Charlotte

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2020
Closed on
Mar 5, 2021
Sold by
Whitmore Donald T and Whitmore Dawn F
Bought by
Lawrence Thomas and Lawrence Gina
Seller's Agent
Kelly Stimart
Corcoran HM Properties
Buyer's Agent
Rebecca McGrath
Cottingham Chalk
List Price
$1,595,000
Sold Price
$1,500,000
Premium/Discount to List
-$95,000
-5.96%
Current Estimated Value
$2,523,655

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,023,655
Avg. Annual Appreciation
12.00%
Original Mortgage
$900,000
Outstanding Balance
$815,900
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$1,650,591

Purchase Details

Closed on
Jul 24, 2000
Sold by
Abbott Charles C and Abbott Byrd W
Bought by
Whitmore Donald T and Whitmore Dawn F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.87%
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
Lawrence Thomas $1,500,000 Title Company Of Nc
Whitmore Donald T $1,135,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lawrence Thomas $250,000
Open Lawrence Thomas $900,000
Previous Owner Whitmore Donald T $417,000
Previous Owner Whitmore Donald T $346,300
Previous Owner Whitmore Donald T $350,000
Previous Owner Abbott Charles C $497,000
Previous Owner Abbott Charles C $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2021 03/05/21 Sold $1,500,000 -6.0% $207 / Sq Ft
12/12/2020 12/12/20 Pending -- -- --
08/19/2020 08/19/20 For Sale $1,595,000 -- $220 / 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 $14,287 $1,928,750 $500,000 $1,428,750
2022 $12,176 $1,248,700 $332,500 $916,200
2021 $12,164 $1,248,700 $332,500 $916,200
2020 $12,157 $1,246,600 $332,500 $914,100
2019 $12,121 $1,246,600 $332,500 $914,100
2018 $18,897 $1,434,800 $420,800 $1,014,000
2017 $18,635 $1,434,800 $420,800 $1,014,000
2016 $18,626 $1,434,000 $420,800 $1,013,200
2015 $18,604 $1,434,000 $420,800 $1,013,200
2014 $18,480 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3643902

Canopy MLS (Canopy Realtor® Association)

APN: 211-621-06