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Terra Vista Realty
116 Smithfield Drive
116 Smithfield Drive
$1,100,006 (our value guesstimate)
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Charlotte, NC 28270 ▪  (MLS # 3651169)
3-car garage  ▪   Built: 2017
5 bed  ▪  3 full & 1 half bath  ▪  3,969 Sq Ft
Sold for $710,000 on Sep 30, 2020
116 Smithfield Drive
$1,100,006 (our value guesstimate)
Charlotte, NC 28270 ▪  (MLS # 3651169)
3-car garage  ▪   Built: 2017
5 bed  ▪  3 full & 1 half bath  ▪  3,969 Sq Ft
Sold for $710,000 on Sep 30, 2020
SOLD SEP 30, 2020
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$710,000  (sales price)
5 bed  ▪  3 full & 1 half bath  ▪  3,969 Sq Ft
116 Smithfield Drive
Charlotte, NC 28270 (MLS # 3651169)
.24 acres  ▪   Built: 2017
Subdivision: Arborway
Charlotte, NC / 28270

Our Value Guesstimate (from Computer Algorithm): $1,100,006

Our computer algorithm has estimated that this home would be likely to sell in a range between $935,005 and $1,265,007.
Sale Details
Sales Price: $710,000
Closed: Sep 30, 2020 (1,275 days ago)
List Price: $720,000
Sold for: 99% of list price
Cumulative Days on Market: 8
Price/Sq Ft: $179
Remarks - 116 Smithfield Drive
(from previous listing) This stunning, one-owner home is exactly what you have been looking for! Situated on a corner lot, enter to your formal dining room and flow to your open concept kitchen and living room with a stacked stone fireplace and custom built-ins. The kitchen has an oversized island, gas range, double ovens, soft close cabinets and a generous pantry. Off the living room is a private office with French doors as well as a powder room off the mudroom. Upstairs you will find 3 full baths (one jack-and-ji ...
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General Info - MLS # 3651169
Parking: Attached, Garage - 3 Car
Year Built: 2017
Listing Status: Sold
Property Type: Single Family Home
Location: Charlotte / Mecklenburg County
Lot Size: .24 acres
Area Schools
8/10
Lansdowne Elementary School
Distance: 0.6 mi
4/10
McClintock Middle School
Distance: 2.6 mi
9/10
East Mecklenburg High School
Distance: 2.5 mi

*School ratings sourced from CarolinaSchoolHub. To verify enrollment eligibility, please contact the school directly.
Neighborhood Info
Subdivision: Arborway
Listing History
09/30/2020: MLS Sold for $710,000 (Canopy MLS)
Cumulative Days on Market: 8
More details

05/15/2017: MLS # 3268905 sold for $597,176 (Canopy MLS) - SEE LISTING
Cumulative Days on Market: N/A
County Tax Data
2023 County Tax Assessment: $856,700
Next Mecklenburg County Tax Assessment: 2027
2023 Property Taxes: $6,423

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 Arborway
SOLD JUN 1, 2023
Sold for $257/Sq Ft & 109% of list
0 cumulative days on market
$1,000,000 (sales price)
4 bed  ▪  3 full & 1 h. bath  ▪  3,887 SqFt
131 Smithfield Dr
Charlotte, NC 28270
Arbor Way II
0.1 mi.

SOLD AUG 17, 2022
Sold for $200/Sq Ft & 100% of list
20 cumulative days on market
$750,000 (sales price)
5 bed  ▪  4 full bath  ▪  3,749 SqFt
108 Smithfield Dr
Charlotte, NC 28270
Arbor Way II
0.0 mi.

SOLD JUN 13, 2022
Sold for $216/Sq Ft & 97% of list
17 cumulative days on market
$900,000 (sales price)
5 bed  ▪  4 full bath  ▪  4,167 SqFt
207 Kingsdown Ave
Charlotte, NC 28270
Arbor Way II
0.1 mi.


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.



Our Value Guesstimate: $1,100,006

Our computer algorithm has estimated that this home would be likely to sell in a range between $935,005 and $1,265,007.


Sale Details
Sales Price: $710,000
Closed: Sep 30, 2020 (1,275 days ago)
List Price: $720,000
Sold for: 99% of list price
Cumulative Days on Market: 8
Price/Sq Ft: $179
Remarks
(from previous listing) This stunning, one-owner home is exactly what you have been looking for! Situated on a corner lot, enter to your formal dining room and flow to your open concept kitchen and living room with a stacked stone fireplace and custom built-ins. The kitchen has an oversized island, gas range, double ovens, ...
Continue reading

General Info - MLS 3651169
Parking: Attached, Garage - 3 Car
Year Built: 2017
Listing Status: Sold
Property Type: Single Family Home
Location: Charlotte / Mecklenburg County
Lot Size: .24 acres

Neighborhood Info
Subdivision: Arborway
Listing History
09/30/2020: MLS Sold for $710,000 (Canopy MLS)
Cumulative Days on Market: 8
More details


05/15/2017: MLS # 3268905 sold for $597,176 (Canopy MLS) - SEE LISTING
Cumulative Days on Market: N/A
Area Schools
8/10
Lansdowne Elementary School
Distance: 0.6 mi
4/10
McClintock Middle School
Distance: 2.6 mi
9/10
East Mecklenburg High School
Distance: 2.5 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 Arborway neighborhood, we’d be happy to discuss this with you. We can also assist homebuyers and sellers in neighborhoods nearby, including The Cottages At Sardis Lane, The Enclave At Sardis Hall, and Summerlin.



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.