NOT LISTED FOR SALE

1218 Cherry Laurel Dr Unit OLD0060 Waxhaw, NC 28173

Estimated Value: $1,317,000 - $1,641,000

4 Beds
4.5 Baths
4,713 Sq Ft
$314/Sq Ft Est. Value

Last Sold August 31, 2021

Last sale price $1,163,355 $247 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $8,370/month

140 Days on Market

Highlights

  • New Construction
  • Open Floorplan
  • Engineered Wood Flooring
  • Marvin Elementary School Rated A
  • Transitional Architecture
  • Mud Room

About This Home

As of August 2021

Stunning master up plan plus private guest suite on main. Gray & white tones throughout. 4-sides brick plus 3-car garage. 1st floor features massive dining room, laundry room with cabinets & sink, planning area & large family room. Gourmet chefs kitchen with custom white perimeter cabinets, Monogram 48’ dual fuel range & professional hood, undercabinet lighting, built-in micro & wine reserve. Large grey veneer wrapped island with marble counters & marble backsplash. Bright 2-story morning room, 16’ slider leads to covered, screened in porch. 2nd floor has two secondary beds with 2 tiled baths & Bonus room with closet. Owners suite with tray detail, spacious walk-in closet & luxurious master bath with wood look tile flooring, quartz counters, freestanding tub & tiled walk-in shower. Drop zone & planning built-in. Hardwood floors throughout main areas.

Last Agent to Sell the Property

Michele Scott

EHC Brokerage LP License #189962 Listed on: 03/04/2021

Last Buyer's Agent

Christi Lee

Hi Life Realty LLC License #323322

Hi Life Realty LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2021 | New Construction

Lot Details

  • Irrigation
  • Many Trees

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Transitional Architecture

Interior Spaces

  • Open Floorplan
  • Tray Ceiling
  • Gas Log Fireplace
  • Mud Room
  • Crawl Space
  • Pull Down Stairs to Attic

Kitchen

  • Oven
  • Kitchen Island

Flooring

  • Engineered Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet

Utilities

  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 06204479

Community Details

Overview

  • Henderson Properties Association, Phone Number (704) 535-1122
  • Built by Empire Communities

Recreation

  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Year Built

Built in 2021 | New Construction

Lot Details

0

HOA Fees

$100 per month

Parking

3

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Architectural Style: Transitional
  • Construction Status: Complete
  • Ratio Close Price By List Price: 1.09610
  • Ratio Close Price By Original Li: 1.27093
  • Ratio Current Price By Acre: 1938925.00
  • Ratio Current Price By Sq Ft: 246.84
  • Year Built: 2021
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space
  • Upper Level Sq Ft: 2351
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5.00
  • Total Bedrooms: 4
  • Equipment: Cable Prewire, Ceiling Fan(s), CO Detector, Dishwasher, Exhaust Hood, Gas Range, Grilltop, Ice Maker Connection, Microwave, Natural Gas, Network Ready, Oven, Wine Refrigerator
  • Fireplace Description: 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, Drop Zone, Kitchen Island, Open Floorplan, Pantry, Tray Ceiling, Walk-In Closet(s), Walk-In Pantry
  • Laundry Location: Main, Laundry Room
  • Room Count: 2
  • Main Level Sq Ft: 2362
  • Total Sq Ft: 4713
  • Sq Ft Unheated Main: 506
  • Sq Ft Unheated Total: 506

Exterior Features

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

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Driveway, Garage - 3 Car, Side Load Garage

Utilities

  • Green Building Features: g-Engineered Wood Products, g-Low VOC Coatings
  • Heating: Central Air, Gas Hot Air Furnace, Natural Gas
  • Sewer: County Sewer
  • Water: County Water

Condo/Co-op/Association

  • Community Features: Outdoor Pool, Playground, Street Lights
  • 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 Features: Trees
  • Lot Size Area: 0.600
  • Parcel Number: 06204479
  • Zoning Specification: Res

Building Info

  • Builder Name: Empire Communities

Tax Info

  • Tax Value: 1061355.00
  • Tax Location: Union

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2021
Closed on
Aug 31, 2021
Sold by
Ehc Homes Lp
Bought by
Wei Li and Chen Yongmei
Seller's Agent
Michele Scott
EHC Brokerage LP
Buyer's Agent
Christi Lee
Hi Life Realty LLC
List Price
$1,061,355
Sold Price
$1,163,355
Premium/Discount to List
$102,000
9.61%
Current Estimated Value
$1,480,562

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$317,207
Avg. Annual Appreciation
6.09%
Original Mortgage
$930,400
Outstanding Balance
$846,595
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$633,967

Purchase Details

Closed on
Feb 1, 2021
Sold by
Shea Woodlands Llc
Bought by
Ehc Homes Lp
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
Wei Li $1,163,500 None Available
Ehc Homes Lp $23,440,000 Stewart Ttl Guaranty Co Com
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wei Li $930,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2021 08/31/21 Sold $1,163,355 +9.6% $247 / Sq Ft
07/22/2021 07/22/21 Pending -- -- --
07/19/2021 07/19/21 For Sale $1,061,355 -8.8% $225 / Sq Ft
07/16/2021 07/16/21 Off Market $1,163,355 -- --
03/08/2021 03/08/21 Pending -- -- --
03/04/2021 03/04/21 For Sale $915,360 -- $194 / 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 $5,330 $849,000 $175,100 $673,900
2023 $5,311 $849,000 $175,100 $673,900
2022 $5,311 $849,000 $175,100 $673,900
2021 $1,093 $175,100 $175,100 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3714258

Canopy MLS (Canopy Realtor® Association)

APN: 06-204-479