NOT LISTED FOR SALE

120 Somerled Way Unit 65 Waxhaw, NC 28173

Estimated Value: $846,191 - $970,000

4 Beds
3.5 Baths
3,445 Sq Ft
$262/Sq Ft Est. Value

Last Sold April 30, 2018

Last sale price $455,503 $132 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $5,302/month

1 Day on Market

Highlights

  • New Construction
  • Open Floorplan
  • Traditional Architecture
  • Sandy Ridge Elementary School Rated A
  • Clubhouse
  • Engineered Wood Flooring

About This Home

As of April 2018

The Leslie features a beautiful two story entryway leading into open-concept living at its best. The main level is host to a spacious master retreat with a spa-like bath and dual walk-in closets. The Kitchen with large center island opens to casual dining and great room with a gas fireplace. Formal dining and an elegant study can also be found on the first floor. The stairway to the second level opens to a multi-functional loft area leading to three additional bedrooms and two additional baths.

Last Agent to Sell the Property

Bill Cotton

Tiara Homes LLC License #283323 Listed on: 12/11/2017

Last Buyer's Agent

Bipin Parekh

Bipin Parekh Realty, LLC License #188637

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,374

Year Built

  • New Construction

Lot Details

  • Irrigation

HOA Fees

  • $85 Monthly HOA Fees

Parking

  • 2

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Stone Siding

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Fireplace
  • Insulated Windows
  • Pull Down Stairs to Attic

Kitchen

  • Walk-In Pantry
  • Kitchen Island

Flooring

  • Engineered Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • Garden Bath

Listing and Financial Details

  • Assessor Parcel Number 06159411

Community Details

Overview

  • Firstservice Residential Association, Phone Number (704) 805-1799
  • Built by CalAtlantic

Amenities

  • Clubhouse

Recreation

  • Community Playground
  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,374

Year Built

New Construction

Lot Details

0

HOA Fees

$85 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Architectural Style: Traditional
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.99994
  • Ratio Close Price By Original Li: 0.99994
  • Ratio Current Price By Acre: 1822012.00
  • Ratio Current Price By Sq Ft: 132.22
  • Year Built: 20118
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 1227
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Total Bedrooms: 4
  • Doors and Windows: Insulated Windows
  • Equipment: Cable Prewire, CO Detector, Cooktop Gas, Dishwasher, Disposal, Microwave, Wall Oven
  • Fireplace Description: Great Room
  • Fireplace: Yes
  • Flooring: Carpet, Prefinished Wood, Tile
  • H O A Management Phone: 704-805-1799
  • Interior Amenities: Attic Stairs Pulldown, Garden Tub, Kitchen Island, Open Floorplan, Walk-In Closet(s), Walk-In Pantry
  • Laundry Location: Main
  • Room Count: 2
  • Sq Ft Additional: 173
  • Main Level Sq Ft: 2218
  • Total Sq Ft: 3445
  • Sq Ft Unheated Main: 415
  • Sq Ft Unheated Total: 415

Exterior Features

  • Construction: Brick Partial, Fiber Cement, Stone
  • Construction Type: Site Built
  • Exterior Features: In-Ground Irrigation
  • New Construction: Yes
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Concrete
  • Parking: Garage - 2 Car

Utilities

  • Heating: Central Air
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Club House, Playground, Outdoor Pool, Walking Trails
  • Association Fee: 85.00
  • Association Fee Frequency: Monthly
  • HOA Management Company: FirstService Residential
  • Hoa Subject To Dues: Mandatory

Schools

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

Lot Info

  • Lot Dimension: Per Plat
  • Lot Size Area: 0.250
  • Parcel Number: 06159411
  • Zoning: Residential
  • Zoning Specification: RA-40

Building Info

  • Builder Name: CalAtlantic

Tax Info

  • Tax Location: Union

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 11, 2017
Closed on
May 4, 2018
Sold by
Standard Pacific Of The Carolinas Llc
Bought by
Bhimani Mita Hitesh and Bhimani Hiteshkumar
Seller's Agent
Bill Cotton
Tiara Homes LLC
Buyer's Agent
Bipin Parekh
Bipin Parekh Realty, LLC
List Price
$455,530
Sold Price
$455,503
Premium/Discount to List
-$27
-0.006%
Current Estimated Value
$902,048

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$446,545
Avg. Annual Appreciation
9.56%
Original Mortgage
$318,871
Outstanding Balance
$284,525
Interest Rate
6.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$617,523
Source: Public Records

Range of Values:

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Average Value
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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
Bhimani Mita Hitesh $456,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bhimani Mita Hitesh $318,871
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2018 04/30/18 Sold $455,503 0.0% $132 / Sq Ft
12/12/2017 12/12/17 Pending -- -- --
12/11/2017 12/11/17 For Sale $455,530 -- $132 / 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 $5,374 $524,100 $103,500 $420,600
2023 $5,319 $524,100 $103,500 $420,600
2022 $5,319 $524,100 $103,500 $420,600
2021 $5,311 $524,100 $103,500 $420,600
2020 $2,921 $372,800 $67,500 $305,300
2019 $4,363 $372,800 $67,500 $305,300
2018 $1,368 $174,200 $67,500 $106,700
2017 $798 $67,500 $67,500 $0
2016 $541 $67,500 $67,500 $0
2015 $550 $67,500 $67,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3344339

Canopy MLS (Canopy Realtor® Association)

APN: 06-159-411