NOT LISTED FOR SALE

8714 Festival Way Unit 276 Charlotte, NC 28215

Bradfield Farms Neighborhood

Estimated Value: $532,193 - $593,000

3 Beds
2 Baths
2,205 Sq Ft
$255/Sq Ft Est. Value

Last Sold August 31, 2020

Last sale price $360,970 $164 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $3,550/month

Highlights

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

About This Home

As of August 2020

This home is located at 8714 Festival Way Unit 276, Charlotte, NC 28215 since 23 June 2019 and is currently estimated at $561,798, approximately $254 per square foot. This property was built in 2020. 8714 Festival Way Unit 276 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: 06/23/2019

Last Buyer's Agent

David Luyster

Keller Williams South Park License #247374

Keller Williams South Park

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2020 | 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
  • Fireplace
  • Pull Down Stairs to Attic
  • Kitchen Island

Flooring

  • Engineered Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • 2 Full Bathrooms

Listing and Financial Details

  • Assessor Parcel Number 11120886

Community Details

Overview

  • Senior Community
  • Firstservice Residential Association, Phone Number (980) 228-9044
  • Built by Kolter Homes

Amenities

  • Clubhouse

Recreation

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

Home Details

Home Type

Single Family

Year Built

Built in 2020 | Under Construction

Lot Details

0

HOA Fees

$249 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story/F.R.O.G.
  • Architectural Style: Transitional
  • Construction Status: Under Construction
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Acre: 2256062.50
  • Ratio Current Price By Sq Ft: 163.71
  • Year Built: 2020
  • Special Features: NewHome
  • Stories: 1

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 433
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Equipment: Ceiling Fan(s), CO Detector, Dishwasher, Disposal, Electric Dryer Hookup, Ice Maker Connection, Microwave, Security System
  • Fireplace Description: Gas Vented, Great Room
  • Fireplace: Yes
  • Flooring: Carpet, Prefinished Wood, Tile
  • H O A Management Phone: 980-228-9044
  • Interior Amenities: Attic Stairs Pulldown, Kitchen Island, Open Floorplan, Pantry, Tray Ceiling, Vaulted Ceiling, Walk-In Closet(s), Walk-In Pantry
  • Laundry Location: Main, Laundry Room
  • Room Count: 2
  • Main Level Sq Ft: 1772
  • Total Sq Ft: 2205
  • Sq Ft Unheated Main: 597
  • Sq Ft Unheated Total: 597

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 - 2 Car, Garage Door Opener, Keypad Entry

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, 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: Rocky River

Lot Info

  • Lot Size Area: 0.160
  • Parcel Number: 11120886
  • Zoning Specification: MX-1

Building Info

  • Builder Name: Kolter Homes

Tax Info

  • Tax Value: 82000.00
  • Tax Location: Charlotte

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2019
Closed on
Aug 31, 2020
Sold by
Kh Mint Hill Lp
Bought by
Monroe Bonny
Seller's Agent
Mike Mclendon
McLendon Real Estate Partners LLC
Buyer's Agent
David Luyster
Keller Williams South Park
List Price
$360,970
Sold Price
$360,970
Total Days on Market
0
Current Estimated Value
$561,798

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$200,828
Avg. Annual Appreciation
9.78%
Original Mortgage
$234,000
Outstanding Balance
$210,933
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$352,969
Source: Public Records

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Range of Values:

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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
Monroe Bonny $361,000 Harvey & Vallini Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Monroe Bonny $234,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2020 08/31/20 Sold $360,970 0.0% $164 / Sq Ft
07/23/2020 07/23/20 Pending -- -- --
07/23/2020 07/23/20 For Sale $360,970 -- $164 / 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 $3,824 $502,400 $100,000 $402,400
2022 $3,502 $362,900 $82,000 $280,900
2021 $3,617 $362,900 $82,000 $280,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3644421

Canopy MLS (Canopy Realtor® Association)

APN: 111-208-86