See Home Value
$2,721,740*
House - Off Market

1525 Lynway Drive

Charlotte, NC 28203
bedrooms
5 Beds
bathrooms
5.5 Baths, 1 Half Bath
square feet
5036 Sqft
$2,336,000 - $2,854,000
Reference Base Price*
4.88%
Since Apr 1, 2023
NC-Charlotte
Primary Model
Sold Mar 24, 2023
$2,489,000
$2,463,000 by Bank Of America, N.a.
Mortgage Due Apr 01, 2053
Sold Aug 19, 2021
$610,000
$375,000 by Cogent Bank
Mortgage

About This Property

Introducing an exquisite home in an unbeatable Dilworth location. Walkable to Freedom Park's playgrounds, walking trails & tennis courts, steps away from grocery stores restaurants & retail, you are minutes from everything you could need with 5,317 HLA, 5 bedrooms (primary on main level), first floor study/bedroom, 2nd floor bonus w/ wet bar, an add't large flex room above garage, 3 large secondary bedrooms all w/ spacious WIC. This house is meant for entertaining w/ a chefs kitchen that includes a 60" wide Zline Dual Fuel Range w/ handcrafted Italian brass burners, custom statement hood, scullery w/ 2nd DW, an add't pantry with tons of storage, a wine bar in LR, not to mention the backyard has been designed to maximize yard space for a future pool with a great living area w/ full bath that's only accessible from the backyard for ease and privacy for your friends and family to enjoy. Primary suite has vaulted ceilings w/ beams, a morning bar & large WIC. The floating staircase will wow

The manager has listed the unit size as 5036 square feet.
Unit Size
5,036Ft²
Days on Market
-
Land Size
0.31 acres
Price per sqft
$515
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2022

Price History

Date / Event Date Event Price
Mar 31, 2023 No longer available -
No longer available
Mar 28, 2023 In contract -
In contract
Mar 24, 2023 Sold to Bethany Karas, John Paul Ma... $2,489,000
Sold to Bethany Karas, John Paul Ma...
Dec 29, 2022 No longer available -
No longer available
Oct 11, 2022 Relisted $2,675,000
Relisted
Show More

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 2022
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: Average
  • Building Quality: A
  • Building Style: Unknown
  • Exterior Walls Type: Concrete
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 13,068
  • Total Building Area: 5,000
  • Gross Building Area: 5,000
  • Building Area: 5,000
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 5,000
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CUMBERLAND PARK
  • Land Acres: 0.3
  • Standard Land Use Code: Single family residential
  • Legal Description 1: L6 B1 M4-503

Ownership

  • Current Owner : MARCANTONIO JOHN PAUL
  • Current Owner 2: KARAS BETHANY
  • Previous Owner : BARRINGER HOMES LLC
  • Owner Before Previous Owner: CURTIS CHRISTINE JOST
  • Owner Before Previous Owner 2: CURTIS JOHN H
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Charlotte-Mecklenburg Schools
  • School Tax School District: CHARLOTTE
  • Census Tract: 003402

Zoning

  • Zoning: R-5

Geography

  • Assessors Map Reference: 151-02
  • District: 1
  • Parcel: 151-027-05
  • Block: 1
  • Lot: 6
  • Municipality: CHARLOTTE
  • Latitude: 35.1981
  • Longitude: -80.8444

    Address

  • Full Address: 1525 Lynway Dr
  • Address - House Number: 1525
  • Address - Street Name: Lynway
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Charlotte
  • Carrier Code: C004
  • 4-Digit Zip Code: 6043
  • Zip Code: 28203

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,825
  • Tax Rate Code Area: CITY OF CH

    Appraisal Valuation

  • Standard Deviation: 0.1832
  • Valuation Date: Apr 26, 2023
  • Confidence Score: 76
  • Final Value: 803,458
  • High Value: 950,667
  • Low Value: 656,249

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,463,000
  • First Open Lien Mortgage Lender: BANK OF AMERICA, N.A.
  • First Open Lien Mortgage Recording Date: Mar 24, 2023
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $2,463,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2053

    Market Valuation

  • Market Total Value: $1,612,490
  • Market Land Value: $700,000
  • Market Improvement Value: $912,490

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,612,490
  • Assessed Land Value: $700,000
  • Assessed Improvements Value: $912,490

    Sales

  • Current Sale Contract Date: Mar 24, 2023
  • Current Sale Recording Date: Mar 24, 2023
  • Current Sale Transaction ID: 11904449059
  • Current Sale Price: $2,489,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 26176
  • Previous Sale Recording Date: Aug 19, 2021
  • Previous Sale Contract Date: Aug 19, 2021
  • Previous Sale Amount: $610,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA, N.A.
  • First Mortgage Transaction Date: Mar 24, 2023
  • First Mortgage Loan Amount: $2,463,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2053

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: COGENT BANK
  • Previous Mortgage Transaction Date: Aug 19, 2021
  • Previous Mortgage Loan Amount: $375,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
5 Beds
4.5 Baths
4,543 ft²
$495/ft²
$2,250,000 Dec 1, 2022
-
-
House
5 Beds
5 Baths
5,526 ft²
$543/ft²
$3,000,000 Feb 9, 2023
-
-
House
4 Beds
4.5 Baths
5,056 ft²
$434/ft²
$2,195,000 Feb 24, 2023
-
$700/mo

About Freedom Park


Similar Homes for Sale

Unit for sale at 1224 Wareham Court, Charlotte, NC 28207

$2,195,000

  • 4 Beds
  • 4.5 Baths
  • 5,056 ft²
1224 Wareham Court, Charlotte, NC 28207 Listing by Chad Tillman
Unit for sale at 1404 Lilac Road, Charlotte, NC 28209

$2,250,000

  • 5 Beds
  • 4.5 Baths
  • 4,543 ft²
1404 Lilac Road, Charlotte, NC 28209 Listing by Mollie Bertoni

Nearby Rentals



Frequently Asked Questions

When was property at 1525 Lynway Drive built and last sold?
The property at 1525 Lynway Drive was built in 2022 and last sold on Mar 24, 2023 for $2,489,000.
How much is this home worth?
The estimated value of the home located at 1525 Lynway Drive is $2,701,750.
What are some comparable homes to 1525 Lynway Drive?
Homes that are comparable to 1525 Lynway Drive include a house property at 1404 Lilac Road, 1224 Wareham Court, 922 East Park Avenue.

Quantcast