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8424 Festival Way
8424 Festival Way
$505,942 (our value guesstimate)
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Charlotte, NC 28215 ▪  (MLS # 3714815)
2-car garage  ▪   Built: 2018  ▪   Primary on Main
3 bed  ▪  2 full bath  ▪  1,788 Sq Ft
Sold for $380,000 on May 21, 2021
8424 Festival Way
$505,942 (our value guesstimate)
Charlotte, NC 28215 ▪  (MLS # 3714815)
2-car garage  ▪   Built: 2018  ▪   Primary on Main
3 bed  ▪  2 full bath  ▪  1,788 Sq Ft
Sold for $380,000 on May 21, 2021
SOLD MAY 21, 2021
1 of 17 
SOLD MAY 21, 2021
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SOLD MAY 21, 2021
1 of 17 
SOLD MAY 21, 2021
1 of 17 
SOLD MAY 21, 2021
1 of 17 
SOLD MAY 21, 2021
1 of 17 
SOLD MAY 21, 2021
1 of 17 
SOLD MAY 21, 2021
1 of 17 
SOLD MAY 21, 2021
1 of 17 
SOLD MAY 21, 2021
1 of 17 
SOLD MAY 21, 2021
1 of 17 
SOLD MAY 21, 2021
1 of 17 
SOLD MAY 21, 2021
1 of 17 
SOLD MAY 21, 2021
1 of 17 
SOLD MAY 21, 2021
1 of 17 
SOLD MAY 21, 2021
1 of 17 
SOLD MAY 21, 2021
1 of 17 
 
$380,000  (sales price)
3 bed  ▪  2 full bath  ▪  1,788 Sq Ft
8424 Festival Way
Charlotte, NC 28215 (MLS # 3714815)
.14 acres  ▪   Built: 2018  ▪   Primary Bedroom on Main
Subdivision: Cresswind
Charlotte, NC / 28215

Our Value Guesstimate (from Computer Algorithm): $505,942

Our computer algorithm has estimated that this home would be likely to sell in a range between $430,051 and $581,833.
Sale Details
Sales Price: $380,000
Closed: May 21, 2021 (1,043 days ago)
List Price: $380,000
Sold for: 100% of list price
Cumulative Days on Market: 11
Price/Sq Ft: $213
Remarks - 8424 Festival Way
(from previous listing) Don't wait to build! This like new move-in ready home has over $30k in upgrades throughout, including screened in porch, extended back patio, large spa shower in master bath, front office/bedroom w/ french doors (no closet), upgraded kitchen cabinets, large pantry, recessed lighting & beautiful countertops. Plan has a split bedroom layout and large, open great room. Cresswind community has planned activities, indoor & outdoor pools, gym, pickle ball & tennis courts, boccie courts & huge clubhous ...
Continue reading

General Info - MLS # 3714815
Parking: Attached, Garage - 2 Car
Year Built: 2018
Master / Primary Bedroom: Main floor
Listing Status: Sold
Property Type: Single Family Home
Location: Charlotte / Mecklenburg County
Lot Size: .14 acres
Area Schools
7/10
Clear Creek Elementary School
Distance: 1.5 mi
2/10
Northeast Middle School
Distance: 3.2 mi
1/10
Rocky River High School
Distance: 1.2 mi

*School ratings sourced from CarolinaSchoolHub. To verify enrollment eligibility, please contact the school directly.
Neighborhood Info
Subdivision: Cresswind
Community Features: 55 and Older, Clubhouse, Fitness Center, Indoor Pool, Outdoor Pool, Recreation Area, Tennis Court(s)
Listing History
05/21/2021: MLS Sold for $380,000 (Canopy MLS)
Cumulative Days on Market: 11
More details

County Tax Data
2023 County Tax Assessment: $492,100
Next Mecklenburg County Tax Assessment: 2027
2023 Property Taxes: $3,749

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
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See Sold Homes in Cresswind
SOLD JAN 5, 2024
Sold for $246/Sq Ft & 100% of list
197 cumulative days on market
$429,000 (sales price)
2 bed  ▪  2 full bath  ▪  1,741 SqFt
6605 Good News Dr
Charlotte, NC 28215
Cresswind
0.3 mi.

SOLD JUN 27, 2023
Sold for $291/Sq Ft & 99% of list
12 cumulative days on market
$571,000 (sales price)
3 bed  ▪  2 full bath  ▪  1,961 SqFt
8210 Festival Way
Charlotte, NC 28215
Cresswind
0.1 mi.

SOLD MAY 15, 2023
Sold for $292/Sq Ft & 100% of list
28 cumulative days on market
$530,000 (sales price)
2 bed  ▪  2 full bath  ▪  1,818 SqFt
8416 Festival Way
Charlotte, NC 28215
Cresswind
0.0 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.

27%
Of Recently Sold Homes
Over Asking Price
27% 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.

44%
of Available Homes
Are Under Contract
44% of previously owned 28215-area homes are under contract – compared with 48% of all homes in the Charlotte metro area.

Price Per Square Foot Change
Period 28215 Area Metro Area
1-year + 2% + 2%
2-year +<1% + 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.

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.

27%
Of Recently Sold Homes
Over Asking Price

27% 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 + 2% + 2%
2-year +<1% + 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.

45%
of Available Homes
Are Under Contract

45% of previously owned 28215-area homes are under contract – compared with 48% of all homes in the Charlotte metro area.



Our Value Guesstimate: $505,942

Our computer algorithm has estimated that this home would be likely to sell in a range between $430,051 and $581,833.


Sale Details
Sales Price: $380,000
Closed: May 21, 2021 (1,043 days ago)
List Price: $380,000
Sold for: 100% of list price
Cumulative Days on Market: 11
Price/Sq Ft: $213
Remarks
(from previous listing) Don't wait to build! This like new move-in ready home has over $30k in upgrades throughout, including screened in porch, extended back patio, large spa shower in master bath, front office/bedroom w/ french doors (no closet), upgraded kitchen cabinets, large pantry, recessed lighting & beautiful coun ...
Continue reading

General Info - MLS 3714815
Parking: Attached, Garage - 2 Car
Year Built: 2018
Master / Primary Bedroom: Main floor
Listing Status: Sold
Property Type: Single Family Home
Location: Charlotte / Mecklenburg County
Lot Size: .14 acres

Neighborhood Info
Subdivision: Cresswind
Community Features: 55 and Older, Clubhouse, Fitness Center, Indoor Pool, Outdoor Pool, Recreation Area, Tennis Court(s)
Listing History
05/21/2021: MLS Sold for $380,000 (Canopy MLS)
Cumulative Days on Market: 11
More details

Area Schools
7/10
Clear Creek Elementary School
Distance: 1.5 mi
2/10
Northeast Middle School
Distance: 3.2 mi
1/10
Rocky River High School
Distance: 1.2 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 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 03/29/2024. 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.