NOT LISTED FOR SALE

Estimated Value: $1,252,000 - $2,033,000

5 Acres
$336,534 Price per Acre
232,175 Sq Ft Lot

Last Sold April 16, 2021

Last sale price $70,000

Est. 2,462% increase in value since last sale

Current estimated payment $10,648/month

70 Days on Market

Highlights

  • Access To Lake
  • Community Lake
  • Wooded Lot
  • Fitness Center
  • Clubhouse
  • Community Pool

About This Lot

As of April 2021

Located in the beautiful luxury lake community of The Sanctuary. Build your dream home on this 5.3 acre CUL-DE-SAC homesite and enjoy the wooded adventurous terrain in the backyard. Adjacent 1.77 acre OPEN SPACE On The Left is Protected land owned by HOA . A potential buildable location for home and driveway is marked on the map (pictures). If you like the feel of the mountains and enjoy lakeside living ,YOU CAN HAVE IT ALL @ The Sanctuary - Only 187 families call this 1,350-acre nature reserve community home. 300 acres of common open space and a largely undisturbed, seven-mile shoreline and 20 miles of nature trails. The Camp is a 17-acre waterfront amenity area with swimming pools, tennis courts, a fitness center, kid's room, a playground, an amphitheater, picnic stations, community events, and a boating center with canoes and kayaks. Proof of funds for Cash / pre-approval letter for loans required with offer.

Last Listed By

Vidhya Jegannathan

MATHERS REALTY.COM License #267700 Listed on: 12/01/2020

Property Details

Property Type

  • Land

Year Built

  • 2022

Lot Details

  • Wooded Lot
  • Many Trees

HOA Fees

  • $406 Monthly HOA Fees

Utilities

  • Septic Needed

Listing and Financial Details

  • Assessor Parcel Number 199-361-25

Community Details

Overview

  • Cams Association, Phone Number (877) 672-2267
  • Community Lake

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Recreation Facilities
  • Community Playground
  • Fitness Center
  • Community Pool
  • Trails
  • Access To Lake

Property Details

Property Type

Land

Year Built

2022

Lot Details

0

HOA Fees

$406 per month

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Lot
  • Ratio Close Price By List Price: 0.73684
  • Ratio Close Price By Original Li: 0.73684
  • Ratio Current Price By Acre: 13113.53
  • Restrictions: Architectural Review, Livestock Restriction, Manufactured Home Not Allowed, Modular Not Allowed, Square Feet
  • Special Features: None
  • Year Built (Public Record): 2022

Interior Features

  • Foundation Details: Basement
  • H O A Management Phone: 877-672-2267

Exterior Features

  • Exterior Features: Tennis Court(s)

Utilities

  • Sewer: Septic Needed
  • Water: City Water

Condo/Co-op/Association

  • Community Features: Club House, Fitness Center, Lake, Lake Access, Outdoor Pool, Playground, Recreation Area, Sidewalk, Street Lights, Tennis Court(s), Walking Trails
  • Association Fee: 1217.50
  • Association Fee Frequency: Quarterly
  • HOA Management Company: CAMS
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Winget Park
  • Middle School: Southwest
  • High School: Olympic

Lot Info

  • Lot Dimension: 97x68x41x157x301x492x260x500
  • Lot Features: Cul-de-sac Lot, Sloping, Trees, Wooded, Year Round View
  • Lot Size Area: 5.338
  • Parcel Number: 199-361-25
  • Zoning Specification: MX1INNOV
  • Plat Reference Section Pages: 183
  • Wooded Acres: 5.34

Tax Info

  • Tax Value: 82500.00
  • Tax Location: Charlotte

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2020
Closed on
Apr 13, 2021
Sold by
Challa Kishore K and Challa Jala Sree
Bought by
Tucci Kenneth Edward and Tucci Angela Renee
Seller's Agent
Vidhya Jegannathan
MATHERS REALTY.COM
Buyer's Agent
Victoria Speer
Coldwell Banker Realty
List Price
$95,000
Sold Price
$70,000
Premium/Discount to List
-$25,000
-26.32%
Total Days on Market
70
Current Estimated Value
$1,793,725

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,723,725
Avg. Annual Appreciation
126.02%

Purchase Details

Closed on
Oct 12, 2015
Sold by
Crescent Communities Llc
Bought by
Challa Kishore K and Challa Jala S

Purchase Details

Closed on
Aug 11, 2005
Sold by
The Sanctuary At Lake Wylie Llc
Bought by
Challa Kishore K and Challa Jala S

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Tucci Kenneth Edward $70,000 None Available
Challa Kishore K -- None Available
Challa Kishore K $280,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2021 04/16/21 Sold $70,000 -26.3% --
02/09/2021 02/09/21 Pending -- -- --
12/01/2020 12/01/20 For Sale $95,000 -- --
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 $2,982 $439,980 $108,500 $331,480
2022 $1,659 $82,500 $82,500 $0
2021 $722 $82,500 $82,500 $0
2020 $1,659 $82,500 $82,500 $0
2019 $711 $82,500 $82,500 $0
2018 $1,706 $152,600 $152,600 $0
2017 $1,694 $152,600 $152,600 $0
2016 -- $152,600 $152,600 $0
2015 -- $178,600 $178,600 $0
2014 $3,625 $339,000 $339,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Similar Properties in Charlotte, NC

  • 14302 Sledge Rd, Charlotte, NC 28278

    $1,700,000

    • Land
    • 6 Acres
    • $280,992 per Acre
    • 14302 Sledge Rd
    • Charlotte, NC

    Mostly level and great access land. Great location in the Steele Creek area of Charlotte, just off Shopton Rd. Excellent land to build a subdivision. Quick drive to the Charlotte-Douglas International Airport; 10 minutes to the Charlotte Premium Outlets; Lake Wylie nearby. This area is exploding with growth! Water connected to city. Septic in place and sewer is down the street. Value is in the

    Debbie Jackson Keller Williams Unified

    Section Image
  • 10227 Mount Holly Rd, Charlotte, NC 28214

    $1,500,000

    • Land
    • 6 Acres
    • $251,678 per Acre
    • 10227 Mount Holly Rd
    • Charlotte, NC

    Prime Land for Sale – Ideal for Development!Seize this opportunity to acquire nearly 6 acres of prime land that includes 2 parcels. The offering includes two combined lots, providing ample space and front lot includes 170' of road frontage. Stunning 1 1/2 story home sits on larger lot that includes a beautifully remodeled kitchen, large screened in porch and workshop with plumbing. Don't miss

    Carly Brindley Century 21 Lawrie Lawrence

    Section Image

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3687617

Canopy MLS (Canopy Realtor® Association)

APN: 199-361-25