Seller's Agent in 2021
Dee Reid
Ivester Jackson Distinctive Properties
(704) 281-3913
1 in this area
33 Total Sales
7501 Morrocroft Farms Ln Charlotte, NC 28211
Foxcroft NeighborhoodEstimated Value: $3,955,000 - $5,478,000
5
Beds
8
Baths
9,943
Sq Ft
$462/Sq Ft
Est. Value
Highlights
- In Ground Pool
- Gated Community
- Wood Flooring
- Sharon Elementary Rated A-
- Georgian Architecture
- Outdoor Kitchen
About This Home
As of March 2021Over an acre perfectly nestled inside Southpark's premier gated community, Morrocroft Estates. Freshly updated estate is filled with striking amenities & finishes: large circular driveway, grand marble foyer with curved staircase, opulent dining rm, sitting rm & great rm w/ wet bar & access to covered patio. Light filled kitchen w/ professional appliances, dbl oven, large island, butler’s pantry and huge walk in pantry. Surrounded by lush florals, the outdoor kitchen, sunny terrace & captivating pool add richness to the property. Unwind in master suite on main w/ built ins, spa-like bath, 2 over sized closets, 2 water closets, and hidden office w/ wet bar. 2nd level offers 4 large en suite bedrooms w/walk in closets, and bonus room - 2nd bonus room found on 3rd level. Finished basement complete w/ two gathering areas with fireplaces, wine cellar, full bar and full bath and flows out to back yard. Too many updates to list, see list in attachments
Home Details
Home Type
- Single Family
Year Built
- Built in 1991
Lot Details
- 1.28
HOA Fees
- $529 Monthly HOA Fees
Parking
- Attached Garage
- Circular Driveway
Home Design
- Georgian Architecture
Interior Spaces
- Wet Bar
- Tray Ceiling
- Bonus Room with Fireplace
- Attic
Kitchen
- Oven
- Kitchen Island
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- Walk-In Closet
- Garden Bath
Outdoor Features
- In Ground Pool
- Outdoor Kitchen
- Terrace
Utilities
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 183-173-41
Community Details
Overview
- Hawthorne Mgt Association, Phone Number (704) 377-0114
Security
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 24, 2021
Closed on
Mar 5, 2021
Sold by
Holder Cecil I and Holder Carlene L
Bought by
Berton Robert M and Berton Julie A
Seller's Agent
Dee Reid
Ivester Jackson Distinctive Properties
Buyer's Agent
Renee Berton
COMPASS
List Price
$2,300,000
Sold Price
$2,220,000
Premium/Discount to List
-$80,000
-3.48%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,378,591
Avg. Annual Appreciation
17.54%
Purchase Details
Closed on
Jul 26, 1993
Bought by
Holder Cecil J and Holder Carlene L
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Berton Robert M | $2,220,000 | None Available | |
| Holder Cecil J | $1,250,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Holder Cecil J | $800,000 | |
| Previous Owner | Holder Cecil J | $200,000 | |
| Previous Owner | Holder Jack | $100,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/08/2021 03/08/21 | Sold | $2,220,000 | -3.5% | $223 / Sq Ft |
| 01/29/2021 01/29/21 | Pending | -- | -- | -- |
| 01/24/2021 01/24/21 | For Sale | $2,300,000 | -- | $231 / Sq Ft |
Source: Canopy MLS (Canopy Realtor® Association)
Tax History Compared to Growth
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 | $22,077 | $2,895,300 | $1,400,000 | $1,495,300 |
| 2024 | $22,077 | $2,895,300 | $1,400,000 | $1,495,300 |
| 2023 | $25,496 | $3,378,700 | $1,400,000 | $1,978,700 |
| 2022 | $25,496 | $2,642,100 | $1,210,000 | $1,432,100 |
| 2021 | $25,496 | $2,642,100 | $1,210,000 | $1,432,100 |
| 2020 | $25,603 | $2,642,100 | $1,210,000 | $1,432,100 |
| 2019 | $25,588 | $2,857,700 | $1,210,000 | $1,647,700 |
| 2018 | $37,140 | $2,825,400 | $914,400 | $1,911,000 |
| 2017 | $36,635 | $2,825,400 | $914,400 | $1,911,000 |
| 2016 | $36,625 | $2,825,400 | $914,400 | $1,911,000 |
| 2015 | $36,614 | $2,825,400 | $914,400 | $1,911,000 |
| 2014 | $36,351 | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Dee Reid
-
Tar Reid
Seller Co-Listing Agent in 2021
Tar Reid
Ivester Jackson Distinctive Properties
(704) 905-8221
1 in this area
25 Total Sales
-
R
Buyer's Agent in 2021
Renee Berton
COMPASS
Map
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: CAR3701628
APN: 183-173-41
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