130 Cherokee Rd in Charlotte sells for $2.88 million

A condominium at 130 Cherokee Rd in Charlotte sold for $2,880,000. The Mecklenburg County Assessor says that price is shown by transfer tax paid on a warranty deed recorded October 7, 2026 with the Mecklenburg County Register of Deeds.

The sale price is 32% above the $2,178,549 market value on record. It is also 11% above the last recorded sale, $2,590,000 in 2024. The recorder's index lists Robert J. Lack and Cherokee 206 Irrevocable Trust as the buyer.

The Assessor's records show 3 bedrooms, 3.5 bathrooms and 2,640 square feet of living area. The build year is 2023. At that size, the price works out to $1,091 per square foot.

This summary was written by AI from public sales records and checked by automated rules. The figures come from the record and the NetSheet.org rules engine. How we make these.

What were the closing costs in Mecklenburg County?

By our estimate, the seller's two largest charges, not counting commission and prorations, were $5,760 for the excise tax on conveyances (revenue stamps) and $300 for the seller's attorney fee. Who pays what follows Mecklenburg County custom.

How much did the seller net?

By our estimate, the seller netted about $2,713,325. That assumes a 5% commission. It is before any mortgage payoff.

How much cash did the buyer bring to closing?

A buyer putting 20% down would need about $620,846 at closing. That covers the down payment and closing costs.

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