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8707 Festival Way
8707 Festival Way
$704,803 (our value guesstimate)
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Charlotte, NC 28215 ▪  (MLS # 3728342)
3-car garage  ▪   Built: 2021  ▪   Primary on Main
3 bed  ▪  3 full bath  ▪  2,390 Sq Ft
Sold for $621,198 on Dec 14, 2021
8707 Festival Way
$704,803 (our value guesstimate)
Charlotte, NC 28215 ▪  (MLS # 3728342)
3-car garage  ▪   Built: 2021  ▪   Primary on Main
3 bed  ▪  3 full bath  ▪  2,390 Sq Ft
Sold for $621,198 on Dec 14, 2021
SOLD DEC 14, 2021
 
$621,198  (sales price)
3 bed  ▪  3 full bath  ▪  2,390 Sq Ft
8707 Festival Way
Charlotte, NC 28215 (MLS # 3728342)
.19 acres  ▪   Built: 2021  ▪   Primary Bedroom on Main
Subdivision: Cresswind
 Was New Construction  
Charlotte, NC / 28215

Our Value Guesstimate (from Computer Algorithm): $704,803

Our computer algorithm has estimated that this home would be likely to sell in a range between $599,083 and $810,523.
Sale Details
 Was New Construction 
Sales Price: $621,198
Closed: Dec 14, 2021 (835 days ago)
List Price: $610,220
Sold for: 102% of list price
Cumulative Days on Market: 108
Price/Sq Ft: $260
Remarks - 8707 Festival Way
(from previous listing) One Level Living at its Finest! This 3 Bedroom, 3 Bath plan features a Great Room w/ 11' Ceiling and Gas Fireplace w/Raised Hearth and Stone Surround. Extend your living area to the beautiful 3 Season Sunroom and Lanai- perfect for entertaining. Just off the Great Room is a Gourmet Kitchen w/pendant lighting above the Island, upgraded Cabinetry, Granite Counters, Tile Backsplash, GE Stainless Gas Cooktop, Wall Oven, Microwave, Hybrid Dishwasher, and Farmhouse Cast Iron Sink. Exquisite Owner's ...
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General Info - MLS # 3728342
Parking: Attached, Garage - 3 Car
Year Built: 2021 (was new construction)
Master / Primary Bedroom: Main floor
Listing Status: Sold
Property Type: Single Family Home
Location: Charlotte / Mecklenburg County
Lot Size: .19 acres
Area Schools
7/10
Clear Creek Elementary School
Distance: 1.3 mi
2/10
Northeast Middle School
Distance: 3.3 mi
1/10
Rocky River High School
Distance: 1.1 mi

*School ratings sourced from CarolinaSchoolHub. To verify enrollment eligibility, please contact the school directly.
Neighborhood Info
Subdivision: Cresswind
Community Features: Fifty Five and Older, Cabana, Clubhouse, Fitness Center, Game Court, Hot Tub, Indoor Pool, Outdoor Pool, Recreation Area, Sidewalks, Street Lights, Tennis Court(s)
Listing History
12/14/2021: MLS Sold for $621,198 (Canopy MLS)
Cumulative Days on Market: 108
More details

1% List Fee for Sellers

We offer full-service listing services for 1% when you buy and sell.

Are You the Owner?

Inquire about getting a more precise estimate on your home's value from one of our experienced agents


  More Home Details
  Map / Satellite View

See Sold Homes in Cresswind
SOLD JAN 12, 2024
Sold for $233/Sq Ft & 99% of list
118 cumulative days on market
$569,900 (sales price)
3 bed  ▪  3 full bath  ▪  2,447 SqFt
8213 Festival Way
Charlotte, NC 28215
Cresswind
0.1 mi.

SOLD NOV 2, 2023
Sold for $262/Sq Ft & 100% of list
27 cumulative days on market
$578,900 (sales price)
3 bed  ▪  3 full bath  ▪  2,210 SqFt
6616 Good News Dr
Charlotte, NC 28215
Cresswind
0.4 mi.

SOLD JUN 27, 2023
Sold for $255/Sq Ft & 99% of list
16 cumulative days on market
$586,000 (sales price)
3 bed  ▪  2 full bath  ▪  2,300 SqFt
7115 Overjoyed Xing
Charlotte, NC 28215
Cresswind
0.2 mi.

Neighborhood Summary (single family)
Cresswind

Sales in:

Median $ / Sq Ft (single family)
Cresswind




28215 ZIP Code Trends
28215 ZIP Code Trends

OUR RATING: VERY COMPETITIVE

In Our ZIP Code Analysis (updated daily), we found that 28215 is the 32nd most competitive area for buyers out of 66 ZIP codes analyzed in the Charlotte metro area.

In the 28215 ZIP code, for the past 90 days the following trends have occurred for previously owned homes listed in the Canopy MLS:

18
Median Days
Until Pending
Homes (that actually sold) went under contract after a median of 18 cumulative days on market in the 28215 area. Compare this with the Charlotte metro area median of 17 days on market.

26%
Of Recently Sold Homes
Over Asking Price
26% of previously owned 28215-area homes sold over the asking price (versus 25% of all homes in the Charlotte metro area). See examples of sold homes selling over asking in 28215.

46%
of Available Homes
Are Under Contract
46% of previously owned 28215-area homes are under contract – compared with 49% of all homes in the Charlotte metro area.

Price Per Square Foot Change
Period 28215 Area Metro Area
1-year + 3% + 3%
2-year + 2% + 2%
5-year +75% +66%
The price per square foot of 28215-area re-sale homes has increased by approximately 75% over the past 5 years (versus a 66% increase for the entire Charlotte metro area). Homes have been selling at a median of $203 per square foot in 28215 over the past 90 days - as compared to $212 for the entire metro area.

19
Median Days
Until Pending

Homes (that actually sold) went under contract after a median of 19 cumulative days on market in the 28215 area. Compare this with the Charlotte metro area median of 17 days on market.

25%
Of Recently Sold Homes
Over Asking Price

25% of previously owned 28215-area homes sold over the asking price (versus 25% of all homes in the Charlotte metro area). See examples of sold homes selling over asking in 28215.

Price Per Square Foot Change
Period 28215
Area
Metro
Area
1-year + 3% + 3%
2-year + 2% + 2%
5-year +75% +66%

The price per square foot of 28215-area re-sale homes has increased by approximately 75% over the past 5 years (versus a 66% increase for the entire Charlotte metro area). Homes have been selling at a median of $203 per square foot in 28215 over the past 90 days - as compared to $212 for the entire metro area.

46%
of Available Homes
Are Under Contract

46% of previously owned 28215-area homes are under contract – compared with 49% of all homes in the Charlotte metro area.



Our Value Guesstimate: $704,803

Our computer algorithm has estimated that this home would be likely to sell in a range between $599,083 and $810,523.


Sale Details
Sales Price: $621,198
Closed: Dec 14, 2021 (835 days ago)
List Price: $610,220
Sold for: 102% of list price
Cumulative Days on Market: 108
Price/Sq Ft: $260
Remarks
(from previous listing) One Level Living at its Finest! This 3 Bedroom, 3 Bath plan features a Great Room w/ 11' Ceiling and Gas Fireplace w/Raised Hearth and Stone Surround. Extend your living area to the beautiful 3 Season Sunroom and Lanai- perfect for entertaining. Just off the Great Room is a Gourmet Kitchen w/penda ...
Continue reading

General Info - MLS 3728342
Parking: Attached, Garage - 3 Car
Year Built: 2021 (was new construction)
Master / Primary Bedroom: Main floor
Listing Status: Sold
Property Type: Single Family Home
Location: Charlotte / Mecklenburg County
Lot Size: .19 acres

Neighborhood Info
Subdivision: Cresswind
Community Features: Fifty Five and Older, Cabana, Clubhouse, Fitness Center, Game Court, Hot Tub, Indoor Pool, Outdoor Pool, Recreation Area, Sidewalks, Street Lights, Tennis Court(s)
Listing History
12/14/2021: MLS Sold for $621,198 (Canopy MLS)
Cumulative Days on Market: 108
More details

Area Schools
7/10
Clear Creek Elementary School
Distance: 1.3 mi
2/10
Northeast Middle School
Distance: 3.3 mi
1/10
Rocky River High School
Distance: 1.1 mi

*School ratings sourced from CarolinaSchoolHub. To verify enrollment eligibility, please contact the school directly.


  More Home Details
  Map / Satellite View

1% List Fee for Sellers

We offer full-service listing services for 1% when you buy and sell.

Are You the Owner?

Inquire about getting a more precise estimate on your home's value from one of our experienced agents


 



1% List Fee for Sellers

We offer full-service listing services for 1% when you buy and sell.

Are You the Owner?

Inquire about getting a more precise estimate on your home's value from one of our experienced agents




1% List Fee for Sellers

We offer full-service listing services for 1% when you buy and sell.

1% List Fee for Sellers

We offer full-service listing services for 1% when you buy and sell.
If you’re looking to sell a home in the Cresswind neighborhood, we’d be happy to discuss this with you. We can also assist homebuyers and sellers in neighborhoods nearby, including Larkhaven Hills, Avensong, and Woodbury.



CDS Data Share Based on information submitted to the MLS GRID as of 03/28/2024. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. School assignments should be verified and are subject to change. Properties may or may not be listed by the office/agent presenting the information. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Properties reported may be listed or sold by various participants in the MLS. Copyright© 2024 Canopy Multiple Listing Services, Inc. All rights reserved.