NOT LISTED FOR SALE

128 Somerled Way Waxhaw, NC 28173

Estimated Value: $935,375 - $1,012,000

5 Beds
4 Baths
3,935 Sq Ft
$250/Sq Ft Est. Value

Last Sold November 26, 2018

Last sale price $505,000 $128 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $5,919/month

74 Days on Market

Highlights

  • Open Floorplan
  • Clubhouse
  • Engineered Wood Flooring
  • Sandy Ridge Elementary School Rated A
  • Traditional Architecture
  • Outdoor Fireplace

About This Home

As of November 2018

Recent Price drop to Under $520k makes this an AMAZING VALUE for Buyers... Like-New Home with TOP MARVIN RIDGE SCHOOLS & MANY UPGRADES! Open Floor Plan, Gleaming Hardwoods & MUCH More! This Home Shows Like a New-Construction MODEL Home. Wonderful Outdoor Living Space Complete with Over-sized Covered Patio, Seating Wall & Outdoor Fireplace Perfect for those Cool Carolina Evenings! Perfectly Designed for Comfortable Luxury Living & Entertaining both Inside and Out--Amazing Open Floor Plan with HUGE Kitchen Island, Farm Sink, Gorgeous Cabinetry, 5-Burner Gas Cooktop and Stainless Appliances. The Gorgeous Kitchen is Open to the Spacious Family Room featuring a Gas Fireplace, Built-ins & Ample Can Lighting. Large Office w/ French Doors PLUS Guest Bedroom Down w/ Adjacent Full Bath. 2nd Floor features Bonus Rm, Master Suite + 2 Addt'l Bedrooms and Laundry Room. Top-Notch Neighborhood Amenities include Clubhouse, Pool, Walking Trails & Playground. Welcome Home!

Last Agent to Sell the Property

Scott Sofsian

Premier Sotheby's International Realty License #279298 Listed on: 08/10/2018

Premier Sotheby's International Realty

Last Buyer's Agent

Lyn Palmer

Terra Vista Realty License #267909

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2015

Lot Details

  • Corner Lot
  • Level Lot

HOA Fees

  • $85 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Traditional Architecture
  • Slab Foundation

Interior Spaces

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

Flooring

  • Engineered Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • 4 Full Bathrooms
  • Garden Bath

Outdoor Features

  • Outdoor Fireplace

Listing and Financial Details

  • Assessor Parcel Number 06159413

Community Details

Overview

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

Amenities

  • Clubhouse

Recreation

  • Community Playground
  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Year Built

Built in 2015

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: 0.97134
  • Ratio Close Price By Original Li: 0.95301
  • Ratio Current Price By Acre: 1741379.31
  • Ratio Current Price By Sq Ft: 128.34
  • Year Built: 2015
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 2155
  • Full Bathrooms: 4
  • Total Bathrooms: 4.00
  • Total Bedrooms: 5
  • Doors and Windows: Insulated Windows
  • Equipment: Cable Prewire, Cooktop Gas, Dishwasher, Disposal, Exhaust Fan, g-Energy Star® Dishwasher, Microwave, Refrigerator, Security System, Wall Oven
  • Fireplace Description: Gas Logs, Gas Vented, Great Room
  • Fireplace: Yes
  • Flooring: Carpet, Prefinished Wood, Tile
  • H O A Management Phone: 704-805-1799
  • Interior Amenities: Attic Stairs Pulldown, Built-Ins, Garden Tub, Kitchen Island, Open Floorplan, Pantry, Tray Ceiling, Walk-In Closet(s)
  • Laundry Location: Upper
  • Room Count: 2
  • Sq Ft Additional: 470
  • Main Level Sq Ft: 1780
  • Total Sq Ft: 3935

Exterior Features

  • Construction: Fiber Cement, Stone Veneer
  • Construction Type: Site Built
  • Exterior Features: Outdoor Fireplace
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Garage - 2 Car

Utilities

  • Heating: Central Air, Multizone A/C, MultiZone Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Condo/Co-op/Association

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

Schools

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

Lot Info

  • Lot Dimension: 111x145x58
  • Lot Features: Corner Lot, Level
  • Lot Size Area: 0.290
  • Parcel Number: 06159413
  • Zoning Specification: RA-40

Building Info

  • Builder Name: CalAtlantic

Tax Info

  • Tax Value: 395200.00
  • Tax Location: Union

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 18, 2018
Sold by
Swopes Billy G and Swopes Donyell Norwood
Bought by
Verma Arun Kumar and Verma Veena
Current Estimated Value
$984,344

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$453,100
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 13, 2016
Sold by
Standard Pacific Of The Carolinas Llc
Bought by
Swopes Billy G and Swopes Donyell Norwood

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.43%
Mortgage Type
New Conventional
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
Verma Arun Kumar $505,000 None Available
Swopes Billy G $514,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Verma Arun Kumar $270,000
Previous Owner Verma Arun Kumar $453,100
Previous Owner Swopes Billy G $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/26/2018 11/26/18 Sold $505,000 -2.9% $128 / Sq Ft
10/23/2018 10/23/18 Pending -- -- --
10/17/2018 10/17/18 Price Changed $519,900 -0.8% $132 / Sq Ft
10/14/2018 10/14/18 Price Changed $524,000 -0.2% $133 / Sq Ft
09/10/2018 09/10/18 Price Changed $524,900 -0.9% $133 / Sq Ft
08/10/2018 08/10/18 For Sale $529,900 -- $135 / 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 $5,635 $549,600 $103,500 $446,100
2023 $5,578 $549,600 $103,500 $446,100
2022 $5,578 $549,600 $103,500 $446,100
2021 $5,569 $549,600 $103,500 $446,100
2020 $3,096 $395,200 $67,500 $327,700
2019 $4,625 $395,200 $67,500 $327,700
2018 $3,104 $395,200 $67,500 $327,700
2017 $4,672 $395,200 $67,500 $327,700
2016 $541 $395,200 $67,500 $327,700
2015 $550 $395,200 $67,500 $327,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3422263

Canopy MLS (Canopy Realtor® Association)

APN: 06-159-413