NOT LISTED FOR SALE

Estimated Value: $607,000 - $639,000

3 Beds
3 Baths
2,390 Sq Ft
$262/Sq Ft Est. Value

Last Sold December 23, 2021

Last sale price $588,820 $246 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $4,025/month

315 Days on Market

Highlights

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

About This Home

As of December 2021

This home is located at 8711 Festival Way, Charlotte, NC 28215 since 02 February 2021 and is currently estimated at $626,422, approximately $262 per square foot. This property was built in 2021. 8711 Festival Way 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: 02/02/2021

Last Buyer's Agent

Non Member

Canopy Administration

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2021 | Under Construction

Lot Details

  • Irrigation
  • Lawn

HOA Fees

  • $249 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Transitional Architecture
  • Slab Foundation

Interior Spaces

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

Flooring

  • Engineered Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • 3 Full Bathrooms

Schools

  • Northeast Middle School

Listing and Financial Details

  • Assessor Parcel Number 11120248

Community Details

Overview

  • Senior Community
  • Firstservice Residential Association, Phone Number (980) 237-3954
  • Built by Kolter Homes

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Indoor Game Court
  • Recreation Facilities
  • Fitness Center
  • Community Cabanas
  • Community Indoor Pool
  • Community Spa

Home Details

Home Type

Single Family

Year Built

Built in 2021 | Under Construction

Lot Details

0

HOA Fees

$249 per month

Parking

3

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Transitional
  • Construction Status: Under Construction
  • Ratio Close Price By List Price: 1.12063
  • Ratio Close Price By Original Li: 1.12570
  • Ratio Current Price By Acre: 3165698.92
  • Ratio Current Price By Sq Ft: 246.37
  • Year Built: 2021
  • Special Features: NewHome
  • Stories: 1

Interior Features

  • Foundation Details: Slab
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Doors and Windows: Insulated Windows
  • Equipment: Cable Prewire, Ceiling Fan(s), CO Detector, Cooktop Gas, Dishwasher, Disposal, Electric Dryer Hookup, Ice Maker Connection, Microwave, Security System, Wall Oven
  • Flooring: Carpet, Prefinished Wood, Tile
  • H O A Management Phone: 980-237-3954
  • Interior Amenities: Attic Stairs Pulldown, Built-Ins, Kitchen Island, Open Floorplan, Pantry, Tray Ceiling, Walk-In Closet(s)
  • Laundry Location: Main, Laundry Room
  • Room Count: 1
  • Main Level Sq Ft: 2390
  • Total Sq Ft: 2390
  • Sq Ft Unheated Main: 1212
  • Sq Ft Unheated Total: 1212

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 - 3 Car, Garage Door Opener, Keypad Entry
  • Sq Ft Garage: 696

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, Game Court, Hot Tub, Indoor Pool, Outdoor Pool, Recreation Area, Sidewalk, Street Lights, Tennis Court(s)
  • Association Fee: 249.00
  • Association Fee Frequency: Monthly
  • HOA Management Company: FirstService Residential
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Unspecified
  • Middle School: Northeast
  • High School: Unspecified
  • Middle Or Junior School: Northeast

Lot Info

  • Lot Size Area: 0.186
  • Parcel Number: 11120248
  • Zoning Specification: MX-1

Building Info

  • Builder Name: Kolter Homes

Tax Info

  • Tax Value: 82000.00
  • Tax Location: Charlotte

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2021
Closed on
Dec 23, 2021
Sold by
Kh Mint Hill Lp
Bought by
Hartigan Jeffery Allen and Hartigan Diane
Seller's Agent
Mike Mclendon
McLendon Real Estate Partners LLC
Buyer's Agent
Non Member
Canopy Administration
List Price
$525,435
Sold Price
$588,820
Premium/Discount to List
$63,385
12.06%
Current Estimated Value
$626,422

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,602
Avg. Annual Appreciation
2.01%
Original Mortgage
$200,000
Outstanding Balance
$185,915
Interest Rate
2.98%
Mortgage Type
New Conventional
Estimated Equity
$447,847
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Hartigan Jeffery Allen $589,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hartigan Jeffery Allen $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2021 12/23/21 Sold $588,820 +12.1% $246 / Sq Ft
12/14/2021 12/14/21 Pending -- -- --
12/14/2021 12/14/21 For Sale $525,435 -10.8% $220 / Sq Ft
02/25/2021 02/25/21 Off Market $588,820 -- --
02/16/2021 02/16/21 Price Changed $525,435 +0.4% $220 / Sq Ft
02/15/2021 02/15/21 Price Changed $523,130 0.0% $219 / Sq Ft
02/15/2021 02/15/21 For Sale $523,130 -11.2% $219 / Sq Ft
02/02/2021 02/02/21 Off Market $588,820 -- --
02/02/2021 02/02/21 For Sale $523,070 -- $219 / 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 $4,434 $565,300 $100,000 $465,300
2023 $4,286 $565,300 $100,000 $465,300
2022 $4,052 $406,900 $82,000 $324,900
2021 $791 $82,000 $82,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3704676

Canopy MLS (Canopy Realtor® Association)

APN: 111-202-48