NOT LISTED FOR SALE

8706 Festival Way Unit 277 Charlotte, NC 28215

Bradfield Farms Neighborhood

Estimated Value: $552,046 - $608,000

2 Beds
2 Baths
1,581 Sq Ft
$372/Sq Ft Est. Value

Last Sold April 20, 2020

Last sale price $420,775 $266 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $3,747/month

About This Home

As of April 2020

This home features a spacious kitchen front with the perfect spot for a coffee or tea. Kitchen opens to the dining area and great room. Owner’s suite is complete with two walk-in closets and is at the rear of the home.The sunroom offers additional seating area and allows for the sunlight to be welcomed in.

Last Agent to Sell the Property

Mike Mclendon

McLendon Real Estate Partners LLC License #60747 Listed on: 08/22/2019

Last Buyer's Agent

Niloufar Saniri

Henderson Ventures INC License #289646

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2019 | New Construction

Lot Details

  • 6,970

HOA Fees

  • $249 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Slab Foundation

Bedrooms and Bathrooms

  • 2 Full Bathrooms

Listing and Financial Details

  • Assessor Parcel Number 11120827

Home Details

Home Type

Single Family

Year Built

Built in 2019 | New Construction

Lot Details

0

HOA Fees

$249 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Construction Status: Complete
  • Ratio Close Price By List Price: 1.32199
  • Ratio Close Price By Original Li: 1.32199
  • Ratio Current Price By Acre: 2519610.78
  • Ratio Current Price By Sq Ft: 266.14
  • Year Built: 2019
  • Special Features: NewHome
  • Stories: 1

Interior Features

  • Foundation Details: Slab
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • Equipment: Cable Prewire, Electric Dryer Hookup, Ice Maker Connection
  • Laundry Location: Main, Laundry Room
  • Room Count: 1
  • Main Level Sq Ft: 1581
  • Total Sq Ft: 1581

Exterior Features

  • Construction: Fiber Cement
  • Construction Type: Site Built
  • New Construction: Yes

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Garage - 2 Car

Utilities

  • Heating: Central Air
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Fee: 249.00
  • Association Fee Frequency: Monthly
  • Hoa Subject To Dues: Mandatory

Schools

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

Lot Info

  • Lot Size Area: 0.167
  • Parcel Number: 11120827
  • Zoning Specification: mx-1

Tax Info

  • Tax Location: Charlotte

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2019
Closed on
Apr 20, 2020
Sold by
Kim Mint Hill Lp
Bought by
Henderson Jerome Mckinley and Henderson Jerome Mckinley
Seller's Agent
Mike Mclendon
McLendon Real Estate Partners LLC
Buyer's Agent
Niloufar Saniri
Henderson Ventures INC
List Price
$318,290
Sold Price
$420,775
Premium/Discount to List
$102,485
32.2%
Current Estimated Value
$587,762

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$166,987
Avg. Annual Appreciation
6.57%
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
Henderson Jerome Mckinley $421,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2020 04/20/20 Sold $420,775 +32.2% $266 / Sq Ft
01/31/2020 01/31/20 Price Changed $318,290 0.0% $201 / Sq Ft
08/22/2019 08/22/19 Pending -- -- --
08/22/2019 08/22/19 For Sale $318,290 -- $201 / 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
2024 -- $518,500 $100,000 $418,500
2023 $3,609 $518,500 $100,000 $418,500
2022 $3,609 $374,000 $82,000 $292,000
2021 $3,724 $374,000 $82,000 $292,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3542735

Canopy MLS (Canopy Realtor® Association)

APN: 111-208-87