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8504 Festival Way

8504 Festival Way, Charlotte, NC 28215
Sold Jul 05, 2019
$348,500
$208,000 by Founders Federal Credit Union
Mortgage Due Apr 05, 2042
8504 Festival Way in Charlotte, NC was first built in 2019 and is 5 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 8504 Festival Way has 1,989 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 6,011 square feet.

Learn more about the property and building on this page. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of concrete. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a forced air unit and being fueled with gas. The property was last sold in Jul 3, 2019 for $348,500. That's $175.21 per sqft. 8504 Festival Way was last assessed in 2023. The total value of the property was assessed at $485,100. Specifically, the land the property is located on was valued at $100,000. While improvements on the property were assessed at a total of $385,100. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $3,387. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Condition

New Construction

Exterior

Brick Venner Exterior
Hardboard Siding

Parking

Attached Garage
Open Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2019
  • Effective Year Built: 2019
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Exterior Walls Type: Concrete
  • Floor Count: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,011
  • Total Building Area: 1,989
  • Gross Building Area: 1,989
  • Building Area: 1,989
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,989
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CRESSWIND CHARLOTTE
  • Land Acres: 0.138
  • Standard Land Use Code: Single family residential
  • Legal Description 1: L86 M63-990 TO 993

Ownership

  • Current Owner : MINOR CATHERINE DENISE
  • Previous Owner : KH MINT HILL LP
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Charlotte-Mecklenburg Schools
  • School Tax School District: CHARLOTTE
  • Census Tract: 005621

Zoning

  • Zoning: MX-1(INNOV

Geography

  • Assessors Map Reference: BK 111 PG 20
  • District: 1
  • Parcel: 111-208-18
  • Block: 8
  • Lot: 86
  • Municipality: CHARLOTTE
  • Latitude: 35.2302
  • Longitude: -80.6508

    Address

  • Full Address: 8504 Festival Way
  • Address - House Number: 8504
  • Address - Street Name: Festival
  • Address - Suffix Type: Way
  • State: NC
  • City Name: Charlotte
  • Carrier Code: R017
  • 4-Digit Zip Code: 3276
  • Zip Code: 28215

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,387
  • Tax Rate Code Area: CITY OF CH

    Appraisal Valuation

  • Standard Deviation: 0.1863
  • Valuation Date: Apr 26, 2023
  • Confidence Score: 75
  • Final Value: 507,535
  • High Value: 602,138
  • Low Value: 412,933

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $208,000
  • First Open Lien Mortgage Lender: FOUNDERS FEDERAL CREDIT UNION
  • First Open Lien Mortgage Recording Date: Mar 29, 2022
  • First Open Lien Mortgage Loan Amount: $208,000
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 05, 2042

    Market Valuation

  • Market Total Value: $485,100
  • Market Land Value: $100,000
  • Market Improvement Value: $385,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $485,100
  • Assessed Land Value: $100,000
  • Assessed Improvements Value: $385,100

    Sales

  • Current Sale Contract Date: Jul 03, 2019
  • Current Sale Recording Date: Jul 05, 2019
  • Current Sale Transaction ID: 11621615453
  • Current Sale Price: $348,500
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 2019084846

    Last Sale Mortgage

  • First Mortgage Lender: CTC MORTGAGE COMPANY LLC
  • First Mortgage Transaction Date: Jul 05, 2019
  • First Mortgage Loan Amount: $220,000
  • First Mortgage Terms: 300
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2044

About Bradfield Farms



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Frequently Asked Questions

What neighborhood is 8504 Festival Way located in?
The 8504 Festival Way is a house located in the neighborhood of Bradfield Farms in Bradfield Farms, Charlotte.
What is the average sales price for listings in 8504 Festival Way?
The average sales price for units in 8504 Festival Way is $0 currently.

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