NOT LISTED FOR SALE

1303 Venetian Way Dr Waxhaw, NC 28173

Estimated Value: $1,817,000 - $2,009,000

4 Beds
5 Baths
5,665 Sq Ft
$336/Sq Ft Est. Value

Last Sold October 14, 2022

Last sale price $1,725,000 $305 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $10,815/month

2 Days on Market

Highlights

  • Fitness Center
  • In Ground Pool
  • Fireplace in Primary Bedroom
  • Marvin Elementary School Rated A
  • Clubhouse
  • Private Lot

About This Home

As of October 2022

Looking for a fully updated home with a resort backyard in an exclusive gated community? 1303 Venetian Way is the ONE! This immaculate home has been well maintained and is truly move in ready. Fully renovated kitchen with subzero refrigerator, wolf range, ice maker, wine refrigerator and beverage refrigerator - a dream for entertaining. Master on the main with large sitting area and updated spa bath. 2 offices in this home make working from home a dream. Upstairs features a second master, 2 secondary bedrooms and 2 oversized recreation rooms. The natural light in this home pours in with large casement windows. The backyard is an oasis - covered patio, oversized pool, multiple water features, fire pits, outdoor fireplace, and built in gas grill. Oversized 3 car garage with epoxy flooring and custom California Closets storage. Providence Downs South has world class amenities and Marvin Ridge schools are top rated!

Last Agent to Sell the Property

Denise Gordon

COMPASS License #279827 Listed on: 08/26/2022

COMPASS

Last Buyer's Agent

Shelley Spencer

Howard Hanna Allen Tate Southpark License #244244

Howard Hanna Allen Tate Southpark

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,301

Year Built

  • Built in 2006

Lot Details

  • Fenced
  • Private Lot
  • Level Lot
  • Irrigation
  • Zoning described as R-40

HOA Fees

  • $200 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Stone Siding
  • Stucco

Interior Spaces

  • Wet Bar
  • Bar Fridge
  • Tray Ceiling
  • Ceiling Fan
  • Mud Room
  • Family Room with Fireplace
  • Crawl Space
  • Pull Down Stairs to Attic
  • Laundry Room

Kitchen

  • Double Oven
  • Gas Range
  • Range Hood
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet

Parking

  • Attached Garage
  • Side Facing Garage

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Pond
  • Balcony
  • Patio
  • Outdoor Fireplace
  • Fire Pit
  • Outdoor Gas Grill

Schools

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

Utilities

  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 06-228-061

Community Details

Overview

  • First Service Residential Association, Phone Number (704) 527-2314
  • Built by P&N/Persis Nova
  • Providence Downs South Subdivision
  • Mandatory home owners association

Amenities

  • Picnic Area
  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Pool

Security

  • Card or Code Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,301

Year Built

Built in 2006

Lot Details

0

HOA Fees

$200 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 2006
  • Ratio Current Price By Acre: 2653846.15
  • Restrictions: Architectural Review
  • Special Assessment Yn: 0
  • Road Surface Type: Concrete
  • Structure Type: Two Story
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 304.50
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Attic Other, Attic Stairs Pulldown, Attic Walk In, Drop Zone, Kitchen Island, Pantry, Tray Ceiling, Walk-In Closet(s), Walk-In Pantry, Wet Bar
  • Fixture Exception Yn: 1
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 3059
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 2606
  • Porch: Back,Balcony,Covered,Front,Patio
  • Fixture Exception Description: chandelier in primary; 2 sconces in formal living room/study
  • Appliances: Bar Fridge, Cable Prewire, Ceiling Fan(s), Dishwasher, Disposal, Double Oven, Exhaust Hood, Gas Range, Plumbed For Ice Maker, Microwave, Refrigerator, Wine Refrigerator
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Family Room, Gas Log, Primary Bedroom, Other
  • Living Area: 5665
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Half Bathrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Half Bathrooms: 0

Exterior Features

  • Exterior Features: Fence, Fire Pit, Hot Tub, Gas Grill, In-Ground Irrigation, Outdoor Fireplace, In Ground Pool
  • New Construction: No
  • Roof: Shingle
  • Construction Status: Complete
  • Tax Location: No City Taxes Paid
  • Construction Type: Site Built
  • Construction Type: Brick, Stucco, Stone

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 911
  • Parking Features: Attached Garage, Garage - 3 Car, Keypad Entry, Side Load Garage

Utilities

  • Heating: Central, Gas Hot Air Furnace
  • Sewer: County Sewer
  • Water Heater: Gas,g-On-Demand Water Heater
  • Laundry Features: Main Level
  • Water Source: County Water

Condo/Co-op/Association

  • Community Features: Clubhouse, Fitness Center, Gated, Outdoor Pool, Picnic Area, Playground, Pond, Street Lights, Tennis Court(s)
  • Association Fee: 600
  • Association Fee Frequency: Quarterly
  • Hoa Subject To Dues: Mandatory
  • Association Name: First Service Residential
  • Phone: 7045272314
  • ResoAssociationFeeFrequency: Quarterly

Schools

  • Middle Or Junior School: Marvin Ridge
  • HOA Subject To: Required
  • CAR_YearlyHOAExpense: 2400.00

Lot Info

  • Lot Features: Level, Private
  • Lot Size Area: 0.65
  • Lot Size Units: Acres
  • Parcel Number: 06-228-061
  • Zoning Description: R-40
  • ResoLotSizeUnits: Acres

Building Info

  • Builder Name: P&N/Persis Nova

Tax Info

  • RATIO List Price By Tax Amount: 1.66433

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
Aug 26, 2022
Closed on
Oct 7, 2022
Sold by
Elaine Thompson Revocable Living Trust
Bought by
Banas Joslyn D and Banas Lauren S
Seller's Agent
Denise Gordon
COMPASS
Buyer's Agent
Shelley Spencer
Howard Hanna Allen Tate Southpark
List Price
$1,665,000
Sold Price
$1,725,000
Premium/Discount to List
$60,000
3.6%
Current Estimated Value
$1,903,188

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,188
Avg. Annual Appreciation
3.33%
Original Mortgage
$1,200,000
Outstanding Balance
$1,142,288
Interest Rate
4.63%
Mortgage Type
New Conventional
Estimated Equity
$760,900

Purchase Details

Listed on
Apr 30, 2021
Closed on
Jun 7, 2021
Sold by
Pelletier Michelle and Riechman Michelle
Bought by
Thompson Elaine and Thompson William 2012
Seller's Agent
Beth Addis
NorthGroup Real Estate LLC
Buyer's Agent
Kimberly Magette
Keller Williams South Park
List Price
$1,325,000
Sold Price
$1,410,000
Premium/Discount to List
$85,000
6.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.11%

Purchase Details

Closed on
Oct 1, 2020
Sold by
Riechman Michael and Riechman Michelle
Bought by
Pelletier Michelle and Riechman Michelle

Purchase Details

Closed on
Jan 26, 2015
Sold by
Mcdonnell Terence and Mcdonnell Brenda S
Bought by
Riechman Michael and Riechman Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$619,500
Interest Rate
3.22%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 12, 2005
Sold by
Petta Stephen and Petta Kristen
Bought by
Mcdonnell Terence and Mcdonnell Brenda S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,400
Interest Rate
5.77%
Mortgage Type
Unknown
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
Banas Joslyn D $1,725,000 --
Thompson Elaine $1,410,000 Investors Title Insurance Co
Pelletier Michelle -- None Available
Riechman Michael $885,000 None Available
Mcdonnell Terence $176,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Banas Joslyn D $1,200,000
Previous Owner Riechman Michael $619,500
Previous Owner Mcdonnell Terence $158,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/14/2022 10/14/22 Sold $1,725,000 +3.6% $305 / Sq Ft
08/28/2022 08/28/22 Pending -- -- --
08/26/2022 08/26/22 For Sale $1,665,000 +18.1% $294 / Sq Ft
06/07/2021 06/07/21 Sold $1,410,000 +6.4% $247 / Sq Ft View Prior Sale
05/01/2021 05/01/21 Pending -- -- --
04/30/2021 04/30/21 For Sale $1,325,000 -- $232 / 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 $6,301 $1,003,700 $245,000 $758,700
2023 $6,278 $1,003,700 $245,000 $758,700
2022 $6,258 $1,000,400 $245,000 $755,400
2021 $6,244 $1,000,400 $245,000 $755,400
2020 $6,692 $869,000 $144,700 $724,300
2019 $6,659 $869,000 $144,700 $724,300
2018 $6,659 $869,000 $144,700 $724,300
2017 $7,042 $869,000 $144,700 $724,300
2016 $6,916 $869,000 $144,700 $724,300
2015 $6,993 $869,000 $144,700 $724,300
2014 $6,446 $938,310 $210,000 $728,310
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3896584

Canopy MLS (Canopy Realtor® Association)

APN: 06-228-061