NOT LISTED FOR SALE

1018 Cherry Laurel Dr Unit OLD0106 Waxhaw, NC 28173

Estimated Value: $1,240,000 - $1,570,000

5 Beds
5.5 Baths
4,792 Sq Ft
$309/Sq Ft Est. Value

Last Sold July 08, 2019

Last sale price $860,000 $179 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $8,386/month

237 Days on Market

Highlights

  • New Construction
  • Open Floorplan
  • Engineered Wood Flooring
  • Marvin Elementary School Rated A
  • Transitional Architecture
  • Community Pool

About This Home

As of July 2019

Brand new master up floor plan with 5 bedrooms, each with its own private bath and walk-in closet, large extended Bonus Room, and 4 car garage. Dramatic 2-story foyer w/ elegant 8-light chandelier. Dedicated office w/ French doors and 1st floor guest suite w/ private bath. Open kitchen with 42” Gray Mist cabinets, oversized island, marble counters, 5 burner GE Profile gas cooktop and contemporary cabinet hood. Large walk-in Pantry. Hardwood floors throughout most of the main floor and upstairs main walkways. Owners suite w/ tray detail, huge his and her walk-in closet. Luxurious master bath w/ wood look tile flooring, glass taupe tiled shower, soaking tub and white cabinets w/ quartz counters. Custom built-ins at Mud, Family and Laundry. Rear covered porch overlooks mature trees. Planned pool & playground amenity.

Last Agent to Sell the Property

Michele Scott

EHC Brokerage LP License #189962 Listed on: 11/06/2018

Last Buyer's Agent

Peggy Peterson

Corcoran HM Properties License #22813

Corcoran HM Properties

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2019 | New Construction

Lot Details

  • Irrigation
  • Many Trees

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • 4

Home Design

  • Transitional Architecture

Interior Spaces

  • Open Floorplan
  • Tray Ceiling
  • Gas Log Fireplace
  • Insulated Windows
  • Crawl Space
  • Pull Down Stairs to Attic
  • Kitchen Island

Flooring

  • Engineered Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet

Utilities

  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 06204323
  • Tax Block 628

Community Details

Overview

  • Henderson Properties Association, Phone Number (704) 535-1122
  • Built by Shea Homes

Recreation

  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Year Built

Built in 2019 | New Construction

Lot Details

0

HOA Fees

$100 per month

Parking

4

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Architectural Style: Transitional
  • Construction Status: Complete
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.01004
  • Ratio Current Price By Acre: 1653846.15
  • Ratio Current Price By Sq Ft: 179.47
  • Year Built: 2019
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space
  • Upper Level Sq Ft: 2621
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bathrooms: 6.00
  • Total Bedrooms: 5
  • Doors and Windows: Insulated Windows
  • Equipment: Cable Prewire, Ceiling Fan(s), CO Detector, Cooktop Gas, Dishwasher, Disposal, Electric Dryer Hookup, Microwave, Network Ready, Exhaust Hood, Wall Oven
  • Fireplace Description: FAMILYRM, Gas Logs
  • Fireplace: Yes
  • Flooring: Carpet, Prefinished Wood, Tile
  • H O A Management Phone: 704-535-1122
  • Interior Amenities: Attic Stairs Pulldown, Built-Ins, Cable Available, Kitchen Island, Open Floorplan, Pantry, Tray Ceiling, Walk-In Closet(s), Walk-In Pantry
  • Laundry Location: Upper
  • Room Count: 2
  • Main Level Sq Ft: 2171
  • Total Sq Ft: 4792
  • Sq Ft Unheated Main: 1019
  • Sq Ft Unheated Total: 1019

Exterior Features

  • Construction: Brick Full, Hardboard Siding, Stone Veneer
  • Construction Type: Site Built
  • Exterior Features: In-Ground Irrigation
  • New Construction: Yes

Garage/Parking

  • Driveway: Concrete
  • Parking: Driveway, Garage - 4+ Car, Side Load Garage

Utilities

  • Heating: Central Air, Gas Hot Air Furnace
  • Sewer: County Sewer
  • Water: County Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Community Features: Playground, Outdoor Pool
  • Association Fee: 300.00
  • Association Fee Frequency: Quarterly
  • HOA Management Company: Henderson Properties
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Marvin
  • Middle School: Marvin Ridge
  • High School: Marvin Ridge

Lot Info

  • Lot Dimension: 91x163x169x181
  • Lot Features: Trees
  • Lot Size Area: 0.520
  • Parcel Number: 06204323
  • Plat Book Slide: CAB N
  • Zoning Specification: Res

Building Info

  • Builder Name: Shea Homes

Tax Info

  • Tax Value: 860000.00
  • Tax Block: 628
  • Tax Location: Union

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 21, 2021
Sold by
Bgrs Llc
Bought by
Samatam Vikram and Koppireddi Phani Seetha
Current Estimated Value
$1,479,531

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$548,000
Outstanding Balance
$490,058
Interest Rate
2%
Mortgage Type
New Conventional
Estimated Equity
$989,473

Purchase Details

Closed on
Jun 20, 2021
Sold by
Mclachlin Hugh F and Mclachlin Cheryl
Bought by
Bgrs Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$548,000
Outstanding Balance
$490,058
Interest Rate
2%
Mortgage Type
New Conventional
Estimated Equity
$989,473

Purchase Details

Listed on
Nov 6, 2018
Closed on
Jul 8, 2019
Sold by
Shea Woodlands Llc
Bought by
Mclachlin Hugh F and Mclachlin Cheryl
Seller's Agent
Michele Scott
EHC Brokerage LP
Buyer's Agent
Peggy Peterson
Corcoran HM Properties
List Price
$851,449
Sold Price
$860,000
Premium/Discount to List
$8,551
1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.01%
Original Mortgage
$484,350
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 23, 2018
Sold by
Jen North Carolina 9 Llc
Bought by
Shea Woodlands Llc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Samatam Vikram $1,076,000 Chicago Title
Bgrs Llc $1,076,000 None Available
Mclachlin Hugh F $860,000 None Available
Shea Woodlands Llc $1,327,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Samatam Vikram $548,000
Previous Owner Mclachlin Hugh F $484,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/08/2019 07/08/19 Sold $860,000 0.0% $179 / Sq Ft
07/01/2019 07/01/19 Pending -- -- --
07/01/2019 07/01/19 Price Changed $860,000 0.0% $179 / Sq Ft
05/25/2019 05/25/19 Off Market $860,000 -- --
04/19/2019 04/19/19 Pending -- -- --
01/18/2019 01/18/19 Price Changed $849,752 -0.2% $177 / Sq Ft
11/06/2018 11/06/18 For Sale $851,449 -- $178 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,582 $889,100 $175,100 $714,000
2023 $5,561 $889,100 $175,100 $714,000
2022 $5,561 $889,100 $175,100 $714,000
2021 $5,549 $889,100 $175,100 $714,000
2020 $3,000 $372,700 $120,000 $252,700
2019 $114 $372,700 $120,000 $252,700
2018 $920 $120,000 $120,000 $0
2017 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3422779

Canopy MLS (Canopy Realtor® Association)

APN: 06-204-323