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12016 Mountain Lake Cove
12016 Mountain Lake Cove
$1,678,128 (our value guesstimate)
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Charlotte, NC 28216 ▪  (MLS # 3597651)
6-car garage  ▪   Built: 1990  ▪   Dual Primary
4 bed  ▪  4 full bath  ▪  5,056 Sq Ft
Sold for $1,025,000 on Jun 01, 2020
12016 Mountain Lake Cove
$1,678,128 (our value guesstimate)
Charlotte, NC 28216 ▪  (MLS # 3597651)
6-car garage  ▪   Built: 1990  ▪   Dual Primary
4 bed  ▪  4 full bath  ▪  5,056 Sq Ft
Sold for $1,025,000 on Jun 01, 2020
SOLD JUN 1, 2020
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$1,025,000  (sales price)
4 bed  ▪  4 full bath  ▪  5,056 Sq Ft
12016 Mountain Lake Cove
Charlotte, NC 28216 (MLS # 3597651)
.86 acres  ▪   Built: 1990  ▪   Dual Primary Bedrooms
Subdivision: Mountain Point
Charlotte, NC / 28216

Our Value Guesstimate (from Computer Algorithm): $1,678,128

Our computer algorithm has estimated that this home would be likely to sell in a range between $1,426,409 and $1,929,847.
Sale Details
Sales Price: $1,025,000
Closed: Jun 1, 2020 (1,396 days ago)
List Price: $1,050,000
Sold for: 98% of list price
Cumulative Days on Market: 8
Price/Sq Ft: $203
Remarks - 12016 Mountain Lake Cove
(from previous listing) Nestled in Mountain Point, this lakeside oasis with 125 feet of water frontage boasts deep water access to Mountain Island Lake. Car collectors will enjoy the two-car garage on main level and second extra deep two-car garage and workshop on lower level. For those seeking inspiration, 5,056 square feet of amazing views of nature and the lake are available in every living space both inside and out. Tantalizing heated Master Bath flooring welcomes you to the Master Retreat area. With 3 fireplaces a ...
Continue reading

General Info - MLS # 3597651
Parking: Attached, Garage - 2 Car, Garage - 4+ Car
Year Built: 1990
Master / Primary Bedroom: Dual Master BR
Listing Status: Sold
Property Type: Single Family Home
Location: Charlotte / Mecklenburg County
Lot Size: .86 acres
Area Schools
3/10
Mountain Island Elementary School
Distance: 2.6 mi
6/10
Hopewell High School
Distance: 2.6 mi

*School ratings sourced from CarolinaSchoolHub. To verify enrollment eligibility, please contact the school directly.
Neighborhood Info
Subdivision: Mountain Point
Community Features: Lake
Listing History
06/01/2020: MLS Sold for $1,025,000 (Canopy MLS)
Cumulative Days on Market: 8
More details

County Tax Data
2023 County Tax Assessment: $921,950
Next Mecklenburg County Tax Assessment: 2027
2023 Property Taxes: $6,293

1% List Fee for Sellers

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

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See Sold Homes in Mountain Point
SOLD MAY 31, 2023
Sold for $190/Sq Ft & 98% of list
39 cumulative days on market
$635,000 (sales price)
3 bed  ▪  2 full & 1 h. bath  ▪  3,350 SqFt
11901 Mountain Lake Cv
Charlotte, NC 28216
Mountain Point
0.1 mi.

SOLD FEB 10, 2023
Sold for $202/Sq Ft & 100% of list
7 cumulative days on market
$500,000 (sales price)
3 bed  ▪  3 full bath  ▪  2,478 SqFt
4936 Mountain Point Ln
Charlotte, NC 28216
Mountain Point
0.2 mi.

SOLD DEC 16, 2022
Sold for $263/Sq Ft & 93% of list
2 cumulative days on market
$1,575,000 (sales price)
6 bed  ▪  5 full & 1 h. bath  ▪  5,995 SqFt
11945 Pinnacle Point Ln
Charlotte, NC 28216
Mountain Point
0.3 mi.

Neighborhood Summary (single family)
Mountain Point

Sales in:

Median $ / Sq Ft (single family)
Mountain Point




28216 ZIP Code Trends
28216 ZIP Code Trends

OUR RATING: VERY COMPETITIVE

In Our ZIP Code Analysis (updated daily), we found that 28216 is the 31st 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:

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.

55%
of Available Homes
Are Under Contract
55% of previously owned 28216-area homes are under contract – compared with 49% of all homes in the Charlotte metro area.

Price Per Square Foot Change
Period 28216 Area Metro Area
1-year + 7% + 3%
2-year + 3% + 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% + 3%
2-year + 3% + 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.

55%
of Available Homes
Are Under Contract

55% of previously owned 28216-area homes are under contract – compared with 49% of all homes in the Charlotte metro area.



Our Value Guesstimate: $1,678,128

Our computer algorithm has estimated that this home would be likely to sell in a range between $1,426,409 and $1,929,847.


Sale Details
Sales Price: $1,025,000
Closed: Jun 1, 2020 (1,396 days ago)
List Price: $1,050,000
Sold for: 98% of list price
Cumulative Days on Market: 8
Price/Sq Ft: $203
Remarks
(from previous listing) Nestled in Mountain Point, this lakeside oasis with 125 feet of water frontage boasts deep water access to Mountain Island Lake. Car collectors will enjoy the two-car garage on main level and second extra deep two-car garage and workshop on lower level. For those seeking inspiration, 5,056 square fe ...
Continue reading

General Info - MLS 3597651
Parking: Attached, Garage - 2 Car, Garage - 4+ Car
Year Built: 1990
Master / Primary Bedroom: Dual Master BR
Listing Status: Sold
Property Type: Single Family Home
Location: Charlotte / Mecklenburg County
Lot Size: .86 acres

Neighborhood Info
Subdivision: Mountain Point
Community Features: Lake
Listing History
06/01/2020: MLS Sold for $1,025,000 (Canopy MLS)
Cumulative Days on Market: 8
More details

Area Schools
3/10
Mountain Island Elementary School
Distance: 2.6 mi
6/10
Hopewell High School
Distance: 2.6 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 Mountain Point neighborhood, we’d be happy to discuss this with you. We can also assist homebuyers and sellers in neighborhoods nearby, including Mountain Glen, Chastain Walk, and Overlook.



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.