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1116 Jericho Lane
1116 Jericho Lane
$1,560,000 (sales price - Apr, 2023)
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Charlotte, NC 28270 ▪  (MLS # 3932220)
Primary on Main  ▪   $275/Sq Ft
5 bed  ▪  5 full & 1 half bath  ▪  5,664 Sq Ft
2-car garage  ▪   Built: 1992
1116 Jericho Lane
$1,560,000 (sales price - Apr, 2023)
Charlotte, NC 28270 ▪  (MLS # 3932220)
Primary on Main
5 bed  ▪  5 full & 1 half bath  ▪  5,664 Sq Ft
2-car garage  ▪   Built: 1992
SOLD APR 27, 2023
POOL
1 of 2 
SOLD APR 27, 2023
1 of 2 
 
$1,560,000  (sales price)
5 bed  ▪  5 full & 1 half bath  ▪  5,664 Sq Ft
1116 Jericho Lane
Charlotte, NC 28270 (MLS # 3932220)
.6 acres  ▪   Built: 1992  ▪   Primary Bedroom on Main
Subdivision: Hembstead
Charlotte, NC / 28270
Sale Details
Sales Price: $1,560,000
Closed: Apr 27, 2023 (336 days ago)
List Price: $1,595,000
Sold for: 98% of list price
Cumulative Days on Market: 20
Price/Sq Ft: $275
Remarks - 1116 Jericho Lane
(from previous listing) A wonderful opportunity to be in the popular Hembstead neighborhood. The exterior of this lovely brick home has recently been painted with many recent improvements completed inside the home. The main level has the primary bedroom with newly updated primary bath as well as a guest suite. In addition to the formal living and dining rooms, the great room opens to the kitchen, casual dining and bright sunroom. Upstairs you will find a bonus room, 3 additional bedrooms with bathrooms as well as an of ...
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General Info - MLS # 3932220
Parking: Circular , Attached
Year Built: 1992
Master / Primary Bedroom: Main floor
Listing Status: Sold
Property Type: Single Family Home
Location: Charlotte / Mecklenburg County
Lot Size: .6 acres
Area Schools
10/10
Elizabeth Lane Elementary School
Distance: 1.5 mi
10/10
South Charlotte Middle School
Distance: 1.8 mi
10/10
Providence High School
Distance: 0.8 mi

*School ratings sourced from CarolinaSchoolHub. To verify enrollment eligibility, please contact the school directly.
Neighborhood Info
Subdivision: Hembstead
Community Features: Outdoor Pool, Playground, Tennis Court(s), Walking Trails
Listing History
04/27/2023: MLS Sold for $1,560,000 (Canopy MLS)
Cumulative Days on Market: 20
More details

County Tax Data
2023 County Tax Assessment: $1,221,900
Next Mecklenburg County Tax Assessment: 2027
2023 Property Taxes: $9,102

1% List Fee for Sellers

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

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


  More Home Details
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See Sold Homes in Hembstead
SOLD MAR 19, 2024
Sold for $262/Sq Ft & 97% of list
94 cumulative days on market
$852,500 (sales price)
5 bed  ▪  3 full & 1 h. bath  ▪  3,258 SqFt
2348 Howerton Ct
Charlotte, NC 28270
Hembstead
0.2 mi.

SOLD JAN 5, 2024
Sold for $256/Sq Ft & 103% of list
3 cumulative days on market
$1,075,000 (sales price)
4 bed  ▪  3 full & 1 h. bath  ▪  4,197 SqFt
2204 Hogan Ct
Charlotte, NC 28270
Hembstead
0.2 mi.

SOLD JAN 3, 2023
Sold for $259/Sq Ft & 100% of list
3 cumulative days on market
$1,000,000 (sales price)
5 bed  ▪  3 full & 1 h. bath  ▪  3,857 SqFt
2300 Gunners Ct
Charlotte, NC 28270
Hembstead
0.2 mi.

Neighborhood Summary (single family)
Hembstead

Sales in:

Median $ / Sq Ft (single family)
Hembstead




28270 ZIP Code Trends
28270 ZIP Code Trends

OUR RATING: MOST COMPETITIVE

In Our ZIP Code Analysis (updated daily), we found that 28270 is the 4th most competitive area for buyers out of 66 ZIP codes analyzed in the Charlotte metro area.

In the 28270 ZIP code, for the past 90 days the following trends have occurred for previously owned homes listed in the Canopy MLS:

6
Median Days
Until Pending
Homes (that actually sold) went under contract after a median of 6 cumulative days on market in the 28270 area. Compare this with the Charlotte metro area median of 17 days on market.

49%
Of Recently Sold Homes
Over Asking Price
49% of previously owned 28270-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 28270.

67%
of Available Homes
Are Under Contract
67% of previously owned 28270-area homes are under contract – compared with 49% of all homes in the Charlotte metro area.

Price Per Square Foot Change
Period 28270 Area Metro Area
1-year + 1% + 3%
2-year + 8% + 2%
5-year +70% +66%
The price per square foot of 28270-area re-sale homes has increased by approximately 70% over the past 5 years (versus a 66% increase for the entire Charlotte metro area). Homes have been selling at a median of $248 per square foot in 28270 over the past 90 days - as compared to $212 for the entire metro area.

5
Median Days
Until Pending

Homes (that actually sold) went under contract after a median of 5 cumulative days on market in the 28270 area. Compare this with the Charlotte metro area median of 17 days on market.

50%
Of Recently Sold Homes
Over Asking Price

50% of previously owned 28270-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 28270.

Price Per Square Foot Change
Period 28270
Area
Metro
Area
1-year + 1% + 3%
2-year + 8% + 2%
5-year +70% +66%

The price per square foot of 28270-area re-sale homes has increased by approximately 70% over the past 5 years (versus a 66% increase for the entire Charlotte metro area). Homes have been selling at a median of $248 per square foot in 28270 over the past 90 days - as compared to $212 for the entire metro area.

67%
of Available Homes
Are Under Contract

67% of previously owned 28270-area homes are under contract – compared with 49% of all homes in the Charlotte metro area.



Sale Details
Sales Price: $1,560,000
Closed: Apr 27, 2023 (336 days ago)
List Price: $1,595,000
Sold for: 98% of list price
Cumulative Days on Market: 20
Price/Sq Ft: $275
Remarks
(from previous listing) A wonderful opportunity to be in the popular Hembstead neighborhood. The exterior of this lovely brick home has recently been painted with many recent improvements completed inside the home. The main level has the primary bedroom with newly updated primary bath as well as a guest suite. In addition ...
Continue reading

General Info - MLS 3932220
Parking: Circular , Attached
Year Built: 1992
Master / Primary Bedroom: Main floor
Listing Status: Sold
Property Type: Single Family Home
Location: Charlotte / Mecklenburg County
Lot Size: .6 acres

Neighborhood Info
Subdivision: Hembstead
Community Features: Outdoor Pool, Playground, Tennis Court(s), Walking Trails
Listing History
04/27/2023: MLS Sold for $1,560,000 (Canopy MLS)
Cumulative Days on Market: 20
More details

Area Schools
10/10
Elizabeth Lane Elementary School
Distance: 1.5 mi
10/10
South Charlotte Middle School
Distance: 1.8 mi
10/10
Providence High School
Distance: 0.8 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 Hembstead neighborhood, we’d be happy to discuss this with you. We can also assist homebuyers and sellers in neighborhoods nearby, including St George Place, Bailewick, and Oak Manor.



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.