See Home Value
Charlotte 28211 Foxcroft
2527 Lemon Tree Lane
$4,671,564*
House - Off Market

2527 Lemon Tree Lane

Charlotte, NC 28211
bedrooms
5 Beds
bathrooms
8 Baths
square feet
5636 Sqft
$4,185,000 - $5,115,000
Reference Base Price*
0.46%
Since Sep 1, 2023
NC-Charlotte
Primary Model
Sold Aug 24, 2023
$4,325,000
$2,811,250 by Atlantic Bay Mortgage Group Ll
Mortgage Due Sep 01, 2053
Sold Mar 13, 2019
$2,224,000
$1,500,000 by Bank Of America Na
Mortgage Due Mar 13, 2034

About This Property

LUXURY LIVING IN FOXCROFT! Desirable floorplan for effortless entertaining & everyday living. Unique, custom & high-end finishes throughout. Renovation & addition by Pettus Builders, Greg Perry Design & interior design by Carolina Design Associates. Chef's kitchen with island open to keeping, dining & fireside family rm with wet bar. Study/den with built-ins & fireplace, two half baths, scullery & office on main. Main level primary suite with updated ensuite bath with two vanities, shower, soaking tub & closet with W/D hook-ups. Four additional bedrooms with ensuite baths & bonus rm with full bath, upstairs. Large laundry rm upstairs. Extend entertaining outdoors on the porches overlooking pool & fenced backyard. Covered porch and terrace with fireplaces. Covered porch features built-in grill, beverage fridge, heaters, speakers & automated screens. Mud rm with lockers at side entrance by two car garage. Convenient to shops & restaurants in Foxcroft & SouthPark. Easy commute to Uptown.

The manager has listed the unit size as 5636 square feet.
Unit Size
5,636Ft²
Days on Market
-
Land Size
0.76 acres
Price per sqft
$825
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1978

Price History

Date / Event Date Event Price
Aug 26, 2023 No longer available -
No longer available
Jul 31, 2023 In contract -
In contract
Jul 15, 2023 Price Decreased $4,650,000
↓ $340K (6.8%)
Price Decreased
Jun 15, 2023 Price Decreased $4,990,000
↓ $610K (10.9%)
Price Decreased
May 18, 2023 Listed $5,600,000
Listed
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1980
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 6
  • Bathroom Count: 7
  • Full Bathrooms: 6
  • Partial Bathrooms: 7
  • Building Condition: Average
  • Building Quality: A
  • Building Style: Unknown
  • Exterior Walls Type: Brick
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 580
  • Parking Space Count: 0
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 32,670
  • Total Building Area: 5,453
  • Gross Building Area: 5,453
  • Building Area: 5,453
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 5,453
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FOXCROFT HILLS 07
  • Land Acres: 0.75
  • Standard Land Use Code: Single family residential
  • Legal Description 1: L8 B17 M17-271

Ownership

  • Current Owner : BANK MATTHEW
  • Current Owner 2: BANK JILLIAN
  • Previous Owner : ROBINSON MARC G
  • Previous Owner 2: ROBINSON EMILIE
  • Owner Before Previous Owner: REDDIN THOMAS
  • Owner Before Previous Owner 2: REDDIN PATRICIA
  • Ownership Rights Codes: Husband and wife
  • Current Owner Is a Corporation Indicator: Yes
  • Vacant Flag: Bank Owned
  • Vacant Flag Date: Sep 04, 2023

Neighborhood

  • School District Name: Charlotte-Mecklenburg Schools
  • School Tax School District: CHARLOTTE
  • Census Tract: 002903

Zoning

  • Zoning: R-3

Geography

  • Assessors Map Reference: 183-22
  • District: 1
  • Parcel: 183-222-02
  • Block: 17
  • Lot: 8
  • Municipality: CHARLOTTE
  • Latitude: 35.1572
  • Longitude: -80.8202

    Address

  • Full Address: 2527 Lemon Tree Ln
  • Address - House Number: 2527
  • Address - Street Name: Lemon Tree
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Charlotte
  • Carrier Code: C008
  • 4-Digit Zip Code: 3641
  • Zip Code: 28211

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $18,494
  • Tax Rate Code Area: CITY OF CH

    Appraisal Valuation

  • Standard Deviation: 0.1666
  • Valuation Date: Aug 30, 2023
  • Confidence Score: 78
  • Final Value: 2,500,245
  • High Value: 2,916,831
  • Low Value: 2,083,659

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,811,250
  • First Open Lien Mortgage Lender: ATLANTIC BAY MORTGAGE GROUP LL
  • First Open Lien Mortgage Recording Date: Aug 24, 2023
  • First Open Lien Mortgage Loan Amount: $2,811,250
  • 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: Sep 01, 2053

    Market Valuation

  • Market Total Value: $2,913,840
  • Market Land Value: $1,700,000
  • Market Improvement Value: $1,213,840

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,913,840
  • Assessed Land Value: $1,700,000
  • Assessed Improvements Value: $1,213,840

    Sales

  • Current Sale Contract Date: Aug 21, 2023
  • Current Sale Recording Date: Aug 24, 2023
  • Current Sale Transaction ID: 11911797849
  • Current Sale Price: $4,325,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 81058
  • Previous Sale Recording Date: Mar 13, 2019
  • Previous Sale Contract Date: Mar 13, 2019
  • Previous Sale Amount: $2,224,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ATLANTIC BAY MORTGAGE GROUP LL
  • First Mortgage Transaction Date: Aug 24, 2023
  • First Mortgage Loan Amount: $2,811,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF AMERICA NA
  • Previous Mortgage Transaction Date: Mar 13, 2019
  • Previous Mortgage Loan Amount: $1,500,000
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Mar 13, 2034



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
4.5 Baths
6,552 ft²
$801/ft²
$5,250,000 May 4, 2023
-
-

About Foxcroft


Similar Homes for Sale

Unit for sale at 2618 Richardson Drive, Charlotte, NC 28211

$5,250,000

  • 4 Beds
  • 4.5 Baths
  • 6,552 ft²
2618 Richardson Drive, Charlotte, NC 28211 Listing by Amy Scibelli

Nearby Rentals

Unit for rent at 5950 Sharon Rd, Charlotte, NC, 28210

$2,800 /mo

  • 4 Beds
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5950 Sharon Rd #5950 Sharon Rd, Charlotte, NC, 28210 Listing by Manager


Frequently Asked Questions

When was property at 2527 Lemon Tree Lane built and last sold?
The property at 2527 Lemon Tree Lane was built in 1978 and last sold on Aug 21, 2023 for $4,325,000.
How much is this home worth?
The estimated value of the home located at 2527 Lemon Tree Lane is $4,963,940.
What are some comparable homes to 2527 Lemon Tree Lane?
Homes that are comparable to 2527 Lemon Tree Lane include a house property at 2618 Richardson Drive, located in Charlotte, NC.

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