NOT LISTED FOR SALE

7517 Morrocroft Farms Ln Charlotte, NC 28211

Foxcroft Neighborhood

Estimated Value: $4,713,000 - $6,288,000

7 Beds
7.5 Baths
7,136 Sq Ft
$757/Sq Ft Est. Value

Last Sold June 05, 2019

Last sale price $3,412,500 $478 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $31,684/month

210 Days on Market

Highlights

  • In Ground Pool
  • Gated Community
  • Marble Flooring
  • Sharon Elementary Rated A-
  • French Provincial Architecture
  • Outdoor Fireplace

About This Home

As of June 2019

A rare combination of magnificent architecture, spectacular interior design renovated in 2015 by renowned architect, Ruard Veltman. The tasteful renovation reflects a sophisticated aesthetic that is both elegant and refined. This luxurious seven bedroom custom-built residence is set in a private gated community of Morrocroft on over an acre. Master suite features a separate his and her bathrooms and closets. The guest house has two bedrooms with private baths and laundry. New pool by B&B pools with outdoor fireplace and sport courts. Enjoy a lifestyle without compare in this one-of-a-kind southern estate close to shopping, restaurants, and Charlotte Douglas International Airport, and Uptown Charlotte.

Last Agent to Sell the Property

Matthew Paul Brown

COMPASS License #220824 Listed on: 09/14/2018

COMPASS

Last Buyer's Agent

Non Member

Canopy Administration

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1995

Lot Details

  • 1.27

HOA Fees

  • $529 Monthly HOA Fees

Parking

  • Attached Garage
  • Porte-Cochere

Home Design

  • French Provincial Architecture

Interior Spaces

  • Wet Bar
  • Fireplace
  • Insulated Windows
  • Crawl Space
  • Pull Down Stairs to Attic
  • Kitchen Island

Flooring

  • Wood
  • Stone
  • Marble

Bedrooms and Bathrooms

  • Walk-In Closet

Outdoor Features

  • In Ground Pool
  • Outdoor Fireplace
  • Outdoor Kitchen
  • Outdoor Gas Grill

Additional Features

  • Irrigation
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 183-173-40

Community Details

Overview

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

Security

  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 1995

Lot Details

0

HOA Fees

$529 per month

Parking

4

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Architectural Style: French Provincial
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.85313
  • Ratio Close Price By Original Li: 0.75918
  • Ratio Current Price By Acre: 2687007.87
  • Ratio Current Price By Sq Ft: 478.21
  • Year Built: 1995
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space
  • Upper Level Sq Ft: 2618
  • Full Bathrooms: 7
  • Half Bathrooms: 1
  • Total Bathrooms: 8.00
  • Total Bedrooms: 7
  • Doors and Windows: Insulated Windows
  • Equipment: Cable Prewire, Cooktop Gas, Dishwasher, Disposal, Double Oven, Dryer, Generator, Ice Maker Connection, Refrigerator, Security System, Surround Sound, Wall Oven, Washer
  • Fireplace Description: Kitchen, Living Room
  • Fireplace: Yes
  • Fixture Exception Description: Gold Mirror in Great Room above fireplace
  • Fixture Exception Yn: Yes
  • Flooring: Marble, Stone, Wood
  • H O A Management Phone: 704-377-0114
  • Interior Amenities: Attic Stairs Pulldown, Built-Ins, Cable Available, Kitchen Island, Walk-In Closet(s), Wet Bar
  • Laundry Location: Main, Laundry Room
  • Room Count: 3
  • Second Living Quarters: Guest House, Separate Living Quarters, Upper Level Garage
  • Second Living Quarters Hla: 903
  • Second Living Quarters Sq Ft: 816
  • Sq Ft Additional: 1943
  • Main Level Sq Ft: 4518
  • Total Sq Ft: 7136

Exterior Features

  • Construction: Hard Stucco
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard, In-Ground Gas Grill, In-Ground Irrigation, Outdoor Fireplace, Outdoor Kitchen, Pool-In-Ground, Porte-cochere

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Detached Garage, Garage - 4+ Car, Side Load Garage

Utilities

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

Condo/Co-op/Association

  • Community Features: Gated Community, Security, Street Lights
  • Association Fee: 1586.00
  • Association Fee Frequency: Quarterly
  • HOA Management Company: Hawthorne Management
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Sharon
  • Middle School: Alexander Graham
  • High School: Unspecified

Lot Info

  • Lot Size Area: 1.270
  • Parcel Number: 183-173-40
  • Zoning Specification: R15PUD

Tax Info

  • Tax Value: 2952200.00
  • Tax Location: Charlotte

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2018
Closed on
May 22, 2019
Sold by
Daniel Jarrod Ryan and Daniel Frederique Delphine
Bought by
Jaeger Max and Cambruzzi Christina
Seller's Agent
Matthew Paul Brown
COMPASS
Buyer's Agent
Non Member
Canopy Administration
List Price
$4,495,000
Sold Price
$3,412,500
Premium/Discount to List
-$1,082,500
-24.08%
Current Estimated Value
$5,398,849

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,986,349
Avg. Annual Appreciation
7.59%
Original Mortgage
$2,388,750
Outstanding Balance
$2,074,092
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$3,324,757

Purchase Details

Closed on
Jan 22, 2013
Sold by
Lewis Kenneth and Lewis Donna C
Bought by
Daniel Jarrod Ryan and Daniel Frederique Delphine

Purchase Details

Closed on
Apr 30, 2003
Sold by
Beedenbender Richard J and Beedenbender Venice
Bought by
Lewis Donna C
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
Jaeger Max $3,412,500 Barristers Ttl Svcs Of Carol
Daniel Jarrod Ryan $315,000 None Available
Lewis Donna C $1,700,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jaeger Max $1,467,000
Closed Jaeger Max $1,500,000
Closed Jaeger Max $1,000,000
Closed Jaeger Max $1,500,000
Open Jaeger Max $2,388,750
Previous Owner Beedenbender Richard J $199,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2019 06/05/19 Sold $3,412,500 -14.7% $478 / Sq Ft
04/12/2019 04/12/19 Pending -- -- --
01/29/2019 01/29/19 Price Changed $3,999,995 -11.0% $561 / Sq Ft
09/14/2018 09/14/18 For Sale $4,495,000 -- $630 / 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 $28,680 $3,767,310 $1,400,000 $2,367,310
2024 $28,680 $3,767,310 $1,400,000 $2,367,310
2023 $27,772 $3,767,310 $1,400,000 $2,367,310
2022 $29,545 $3,048,600 $1,210,000 $1,838,600
2021 $29,534 $3,048,600 $1,210,000 $1,838,600
2020 $29,526 $3,029,700 $1,210,000 $1,819,700
2019 $29,328 $3,029,700 $1,210,000 $1,819,700
2018 $38,803 $2,952,200 $997,500 $1,954,700
2017 $38,276 $2,952,200 $997,500 $1,954,700
2016 $38,267 $2,952,200 $997,500 $1,954,700
2015 $38,255 $2,952,200 $997,500 $1,954,700
2014 $37,980 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3434215

Canopy MLS (Canopy Realtor® Association)

APN: 183-173-40