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1508 Savory Lane
1508 Savory Lane
$457,373 (our value guesstimate)
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Charlotte, NC 28216 ▪  (MLS # 3789246)
2-car garage  ▪   Built: 2019
5 bed  ▪  3 full bath  ▪  2,496 Sq Ft
Sold for $400,000 on Nov 01, 2021
1508 Savory Lane
$457,373 (our value guesstimate)
Charlotte, NC 28216 ▪  (MLS # 3789246)
2-car garage  ▪   Built: 2019
5 bed  ▪  3 full bath  ▪  2,496 Sq Ft
Sold for $400,000 on Nov 01, 2021
SOLD NOV 1, 2021
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$400,000  (sales price)
5 bed  ▪  3 full bath  ▪  2,496 Sq Ft
1508 Savory Lane
Charlotte, NC 28216 (MLS # 3789246)
.14 acres  ▪   Built: 2019
Subdivision: Sutton Farms
Charlotte, NC / 28216

Our Value Guesstimate (from Computer Algorithm): $457,373

Our computer algorithm has estimated that this home would be likely to sell in a range between $388,767 and $525,979.
Sale Details
Sales Price: $400,000
Closed: Nov 1, 2021 (879 days ago)
List Price: $370,000
Sold for: 108% of list price
Cumulative Days on Market: 0
Price/Sq Ft: $160
Remarks - 1508 Savory Lane
(from previous listing) Rare opportunity in the Sutton Farms community!! Lovely five bedroom, three full bath home built in 2019. This home sits on a corner lot and the owner has extended the concrete patio and added a wood fire pit for those cool nights! There are 4 bedrooms on the second floor, including the primary bedroom. Your primary bedroom has vaulted ceilings, garden tub with separate shower, two sinks and a huge closet.The fifth bedroom is on the main floor and can be anything you need. office, playroom, craf ...
Continue reading

General Info - MLS # 3789246
Parking: Attached, Garage - 2 Car
Year Built: 2019
Listing Status: Sold
Property Type: Single Family Home
Location: Charlotte / Mecklenburg County
Lot Size: .14 acres
Area Schools
3/10
Mountain Island Elementary School
Distance: 0.7 mi
1/10
West Mecklenburg High School
Distance: 4.5 mi

*School ratings sourced from CarolinaSchoolHub. To verify enrollment eligibility, please contact the school directly.
Neighborhood Info
Subdivision: Sutton Farms
Community Features: Outdoor Pool, Playground, Street Lights
Listing History
11/01/2021: MLS Sold for $400,000 (Canopy MLS)
Cumulative Days on Market: N/A
More details

County Tax Data
2023 County Tax Assessment: $412,800
Next Mecklenburg County Tax Assessment: 2027
2023 Property Taxes: $3,167

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 Sutton Farms
SOLD SEP 14, 2023
Sold for $174/Sq Ft & 100% of list
2 cumulative days on market
$395,000 (sales price)
3 bed  ▪  2 full & 1 h. bath  ▪  2,271 SqFt
1633 Savory Ln
Charlotte, NC 28216
Sutton Farms
0.1 mi.

SOLD AUG 4, 2023
Sold for $159/Sq Ft & 100% of list
39 cumulative days on market
$419,000 (sales price)
4 bed  ▪  2 full & 1 h. bath  ▪  2,635 SqFt
7022 Pennyroyal Way
Charlotte, NC 28216
Sutton Farms
0.1 mi.

SOLD MAY 24, 2023
Sold for $153/Sq Ft & 100% of list
42 cumulative days on market
$415,000 (sales price)
4 bed  ▪  2 full & 1 h. bath  ▪  2,712 SqFt
2522 Linhay Dr
Charlotte, NC 28216
Sutton Farms
0.1 mi.

Neighborhood Summary (single family)
Sutton Farms

Sales in:

Median $ / Sq Ft (single family)
Sutton Farms




28216 ZIP Code Trends
28216 ZIP Code Trends

OUR RATING: MODERATELY COMPETITIVE

In Our ZIP Code Analysis (updated daily), we found that 28216 is the 43rd most competitive area for buyers out of 66 ZIP codes analyzed in the Charlotte metro area.

In the 28216 ZIP code, for the past 90 days the following trends have occurred for previously owned homes listed in the Canopy MLS:

20
Median Days
Until Pending
Homes (that actually sold) went under contract after a median of 20 cumulative days on market in the 28216 area. Compare this with the Charlotte metro area median of 17 days on market.

18%
Of Recently Sold Homes
Over Asking Price
18% of previously owned 28216-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 28216.

53%
of Available Homes
Are Under Contract
53% of previously owned 28216-area homes are under contract – compared with 48% of all homes in the Charlotte metro area.

Price Per Square Foot Change
Period 28216 Area Metro Area
1-year + 7% + 2%
2-year + 2% + 2%
5-year +71% +66%
The price per square foot of 28216-area re-sale homes has increased by approximately 71% 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 28216 over the past 90 days - as compared to $212 for the entire metro area.

17
Median Days
Until Pending

Homes (that actually sold) went under contract after a median of 17 cumulative days on market in the 28216 area. Compare this with the Charlotte metro area median of 17 days on market.

18%
Of Recently Sold Homes
Over Asking Price

18% of previously owned 28216-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 28216.

Price Per Square Foot Change
Period 28216
Area
Metro
Area
1-year + 7% + 2%
2-year + 2% + 2%
5-year +71% +66%

The price per square foot of 28216-area re-sale homes has increased by approximately 71% 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 28216 over the past 90 days - as compared to $212 for the entire metro area.

53%
of Available Homes
Are Under Contract

53% of previously owned 28216-area homes are under contract – compared with 48% of all homes in the Charlotte metro area.



Our Value Guesstimate: $457,373

Our computer algorithm has estimated that this home would be likely to sell in a range between $388,767 and $525,979.


Sale Details
Sales Price: $400,000
Closed: Nov 1, 2021 (879 days ago)
List Price: $370,000
Sold for: 108% of list price
Cumulative Days on Market: 0
Price/Sq Ft: $160
Remarks
(from previous listing) Rare opportunity in the Sutton Farms community!! Lovely five bedroom, three full bath home built in 2019. This home sits on a corner lot and the owner has extended the concrete patio and added a wood fire pit for those cool nights! There are 4 bedrooms on the second floor, including the primary bedr ...
Continue reading

General Info - MLS 3789246
Parking: Attached, Garage - 2 Car
Year Built: 2019
Listing Status: Sold
Property Type: Single Family Home
Location: Charlotte / Mecklenburg County
Lot Size: .14 acres

Neighborhood Info
Subdivision: Sutton Farms
Community Features: Outdoor Pool, Playground, Street Lights
Listing History
11/01/2021: MLS Sold for $400,000 (Canopy MLS)
Cumulative Days on Market: N/A
More details

Area Schools
3/10
Mountain Island Elementary School
Distance: 0.7 mi
1/10
West Mecklenburg High School
Distance: 4.5 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 Sutton Farms neighborhood, we’d be happy to discuss this with you. We can also assist homebuyers and sellers in neighborhoods nearby, including Oakdale Forest, Westbourne, and Glenhaven.



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.