NOT LISTED FOR SALE

10515 New Town Rd Waxhaw, NC 28173

Estimated Value: $699,000 - $1,171,991

3.02 Acres
$320,860 Price per Acre
131,551 Sq Ft Lot

Last Sold April 26, 2022

Last sale price $560,000 $513 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $5,646/month

Highlights

  • Private Lot
  • Marvin Elementary School Rated A
  • Front Green Space

About This Lot

As of April 2022

Amazing opportunity to own 3 Acres in the RED HOT Marvin Ridge School District! Beautiful setting. Ideal setting for a new custom Estate property!

Last Agent to Sell the Property

Roger V. Berrey

RE/MAX Executive License #198410 Listed on: 04/26/2022

RE/MAX Executive

Last Buyer's Agent

Roger V. Berrey

RE/MAX Executive License #198410 Listed on: 04/26/2022

RE/MAX Executive

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,396

Lot Details

  • Front Green Space
  • Private Lot
  • Level Lot
  • Possible uses of the property include Residential
  • Zoning described as RA-40

Schools

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

Utilities

  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 06-240-007

Property Details

Property Type

Land

Est. Annual Taxes

$4,396

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Lots/Acres/Farms
  • Habitable Residence Yn: Yes
  • Ratio Current Price By Acre: 186666.67
  • Restrictions: No Restrictions
  • Structure Type: Lot
  • ResoPropertyType: Land
  • Special Features: None

Interior Features

  • Fixture Exception Yn: 0
  • Possible Use: Residential

Exterior Features

  • Tax Location: Union

Utilities

  • Sewer: Septic Installed
  • Water Source: Well

Condo/Co-op/Association

  • Hoa Subject To Dues: No

Schools

  • Middle Or Junior School: Marvin Ridge
  • HOA Subject To: None

Lot Info

  • Lot Features: Green Area, Level, Private
  • Lot Size Area: 3
  • Lot Size Units: Acres
  • Parcel Number: 06-240-007
  • Out Buildings Yn: 1
  • Zoning Description: RA-40

Tax Info

  • RATIO List Price By Tax Amount: 1.81524

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Marvin
  • High School: Marvin Ridge

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2022
Closed on
Apr 12, 2022
Sold by
Njv Enterprises Llc
Bought by
Patel Rohan C and Patel Elianna R
Seller's Agent
Roger V. Berrey
RE/MAX Executive
Buyer's Agent
Roger V. Berrey
RE/MAX Executive
List Price
$560,000
Sold Price
$560,000
Current Estimated Value
$968,998

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$408,998
Avg. Annual Appreciation
18.08%

Purchase Details

Listed on
Jun 4, 2018
Closed on
Sep 10, 2018
Sold by
Black Robin Lucas and Black Sheilah
Bought by
Njv Enterprises Llc
Seller's Agent
Deb Lozano
Keller Williams South Park
Buyer's Agent
Brandy Warner
Nestlewood Realty, LLC
List Price
$275,000
Sold Price
$260,000
Premium/Discount to List
-$15,000
-5.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.61%

Purchase Details

Closed on
Mar 30, 2006
Sold by
Black Sara L
Bought by
Black Sara L
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
Patel Rohan C $560,000 Austin Title
Njv Enterprises Llc $260,000 None Available
Black Sara L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patle Rohan C $750,000
Previous Owner Njv Enterprises Llc $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2022 04/26/22 Sold $560,000 0.0% $513 / Sq Ft
04/26/2022 04/26/22 Pending -- -- --
04/26/2022 04/26/22 For Sale $560,000 +115.4% $513 / Sq Ft
09/12/2018 09/12/18 Sold $260,000 -5.5% $199 / Sq Ft
06/07/2018 06/07/18 Pending -- -- --
06/04/2018 06/04/18 For Sale $275,000 -- $210 / 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 $4,396 $585,700 $171,700 $414,000
2023 $2,365 $308,500 $171,700 $136,800
2022 $2,359 $308,500 $171,700 $136,800
2021 $2,171 $308,500 $171,700 $136,800
2020 $1,559 $202,370 $129,270 $73,100
2019 $1,652 $202,370 $129,270 $73,100
2018 $0 $201,600 $128,500 $73,100
2017 $1,734 $201,600 $128,500 $73,100
2016 $1,705 $201,600 $128,500 $73,100
2015 $1,622 $201,600 $128,500 $73,100
2014 $1,785 $259,840 $250,000 $9,840
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3853959

Canopy MLS (Canopy Realtor® Association)

APN: 06-240-007