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11424 Preservation Lane
11424 Preservation Lane
$710,342 (our value guesstimate)
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Charlotte, NC 28278 ▪  (MLS # 3875881)
2-car garage  ▪   Built: 2014  ▪   Primary Up
5 bed  ▪  3 full bath  ▪  3,352 Sq Ft
Sold for $685,000 on Aug 11, 2022
11424 Preservation Lane
$710,342 (our value guesstimate)
Charlotte, NC 28278 ▪  (MLS # 3875881)
2-car garage  ▪   Built: 2014  ▪   Primary Up
5 bed  ▪  3 full bath  ▪  3,352 Sq Ft
Sold for $685,000 on Aug 11, 2022
SOLD AUG 11, 2022
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$685,000  (sales price)
5 bed  ▪  3 full bath  ▪  3,352 Sq Ft
11424 Preservation Lane
Charlotte, NC 28278 (MLS # 3875881)
.44 acres  ▪   Built: 2014  ▪   Primary Bedroom Up
Subdivision: Chapel Cove
Charlotte, NC / 28278

Our Value Guesstimate (from Computer Algorithm): $710,342

Our computer algorithm has estimated that this home would be likely to sell in a range between $603,791 and $816,893.
Sale Details
Sales Price: $685,000
Closed: Aug 11, 2022 (595 days ago)
List Price: $640,000
Sold for: 107% of list price
Cumulative Days on Market: 2
Price/Sq Ft: $204
Remarks - 11424 Preservation Lane
(from previous listing) 5 BR home enjoys an awesome location in Chapel Cove backing to wooded Common area & fronting Community Green space! Paver driveway & front porch welcome you to stunning former model home. High ceilings top an open floorplan with expansive kitchen island, stainless appliances, gas cooktop, wall ovens, apron sink & walk-in pantry. Built-ins tucked into DR wall add storage. Crown molding & abundant windows thru-out. Wood floors carry from main level to stairs & upper hall/loft. Guest BR (or office) ...
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General Info - MLS # 3875881
Parking: Attached, Garage - 2 Car
Year Built: 2014
Master / Primary Bedroom: Upper floor
Listing Status: Sold
Property Type: Single Family Home
Location: Charlotte / Mecklenburg County
Lot Size: .44 acres
Area Schools
5/10
Winget Park Elementary School
Distance: 0.7 mi
3/10
Southwest Middle School
Distance: 2.3 mi
4/10
Palisades High School
Distance: 5707.2 mi

*School ratings sourced from CarolinaSchoolHub. To verify enrollment eligibility, please contact the school directly.
Neighborhood Info
Subdivision: Chapel Cove
Community Features: Clubhouse, Fitness Center, Lake, Outdoor Pool, Playground, Sidewalks, Street Lights, Walking Trails
Listing History
08/11/2022: MLS Sold for $685,000 (Canopy MLS)
Cumulative Days on Market: 2
More details

County Tax Data
2023 County Tax Assessment: $622,300
Next Mecklenburg County Tax Assessment: 2027
2023 Property Taxes: $4,262

1% List Fee for Sellers

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

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  More Home Details
  Map / Satellite View

See Sold Homes in Chapel Cove
SOLD JAN 9, 2024
Sold for $214/Sq Ft & 99% of list
30 cumulative days on market
$715,000 (sales price)
6 bed  ▪  3 full bath  ▪  3,337 SqFt
13035 Horned Lark Dr
Charlotte, NC 28278
Chapel Cove
0.2 mi.

SOLD DEC 12, 2023
Sold for $228/Sq Ft & 100% of list
6 cumulative days on market
$750,000 (sales price)
4 bed  ▪  3 full & 1 h. bath  ▪  3,296 SqFt
11120 Preservation Ln
Charlotte, NC 28278
Chapel Cove
0.2 mi.

SOLD JUN 7, 2023
Sold for $227/Sq Ft & 100% of list
0 cumulative days on market
$750,000 (sales price)
4 bed  ▪  3 full & 1 h. bath  ▪  3,310 SqFt
11125 Preservation Ln
Charlotte, NC 28278
Chapel Cove
0.2 mi.

Neighborhood Summary (single family)
Chapel Cove

Sales in:

Median $ / Sq Ft (single family)
Chapel Cove




28278 ZIP Code Trends
28278 ZIP Code Trends

OUR RATING: VERY COMPETITIVE

In Our ZIP Code Analysis (updated daily), we found that 28278 is the 23rd most competitive area for buyers out of 66 ZIP codes analyzed in the Charlotte metro area.

In the 28278 ZIP code, for the past 90 days the following trends have occurred for previously owned homes listed in the Canopy MLS:

16
Median Days
Until Pending
Homes (that actually sold) went under contract after a median of 16 cumulative days on market in the 28278 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 28278-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 28278.

51%
of Available Homes
Are Under Contract
51% of previously owned 28278-area homes are under contract – compared with 49% of all homes in the Charlotte metro area.

Price Per Square Foot Change
Period 28278 Area Metro Area
1-year +<1% + 3%
2-year -<1% + 2%
5-year +63% +66%
The price per square foot of 28278-area re-sale homes has increased by approximately 63% over the past 5 years (versus a 66% increase for the entire Charlotte metro area). Homes have been selling at a median of $197 per square foot in 28278 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 28278 area. Compare this with the Charlotte metro area median of 17 days on market.

23%
Of Recently Sold Homes
Over Asking Price

23% of previously owned 28278-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 28278.

Price Per Square Foot Change
Period 28278
Area
Metro
Area
1-year +<1% + 3%
2-year -<1% + 2%
5-year +63% +66%

The price per square foot of 28278-area re-sale homes has increased by approximately 63% over the past 5 years (versus a 66% increase for the entire Charlotte metro area). Homes have been selling at a median of $197 per square foot in 28278 over the past 90 days - as compared to $212 for the entire metro area.

51%
of Available Homes
Are Under Contract

51% of previously owned 28278-area homes are under contract – compared with 49% of all homes in the Charlotte metro area.



Our Value Guesstimate: $710,342

Our computer algorithm has estimated that this home would be likely to sell in a range between $603,791 and $816,893.


Sale Details
Sales Price: $685,000
Closed: Aug 11, 2022 (595 days ago)
List Price: $640,000
Sold for: 107% of list price
Cumulative Days on Market: 2
Price/Sq Ft: $204
Remarks
(from previous listing) 5 BR home enjoys an awesome location in Chapel Cove backing to wooded Common area & fronting Community Green space! Paver driveway & front porch welcome you to stunning former model home. High ceilings top an open floorplan with expansive kitchen island, stainless appliances, gas cooktop, wall ovens ...
Continue reading

General Info - MLS 3875881
Parking: Attached, Garage - 2 Car
Year Built: 2014
Master / Primary Bedroom: Upper floor
Listing Status: Sold
Property Type: Single Family Home
Location: Charlotte / Mecklenburg County
Lot Size: .44 acres

Neighborhood Info
Subdivision: Chapel Cove
Community Features: Clubhouse, Fitness Center, Lake, Outdoor Pool, Playground, Sidewalks, Street Lights, Walking Trails
Listing History
08/11/2022: MLS Sold for $685,000 (Canopy MLS)
Cumulative Days on Market: 2
More details

Area Schools
5/10
Winget Park Elementary School
Distance: 0.7 mi
3/10
Southwest Middle School
Distance: 2.3 mi
4/10
Palisades High School
Distance: 5707.2 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 Chapel Cove neighborhood, we’d be happy to discuss this with you. We can also assist homebuyers and sellers in neighborhoods nearby, including Riverwood, The Sanctuary, and Reflection Pointe.



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.