$2,035,000
SOLD AUG 11, 2025

1312 Lookout Cir Waxhaw, NC 28173

6 Beds
7.5 Baths
9,461 Sq Ft
0.56 Acres

Recently Sold

$215 Per Sq Ft

22% Below List Price

85 Days on Market

Highlights

  • Spa
  • Open Floorplan
  • Fireplace in Primary Bedroom
  • Marvin Elementary School Rated A
  • Clubhouse
  • Transitional Architecture

About This Home

As of August 2025

NEW PRICE!! True custom quality rarely seen in homes today, this spacious luxury home in coveted and gated Providence Downs South is certain to impress! Heart of pine wide plank flooring throughout main, 11 ft ceilings, intricate and detailed millwork moldings, gorgeous ceiling details include beams, coffered details & tray ceilings throughout the home. Main level features huge primary suite w /sitting area & gas fireplace. Luscious primary bath w/heated tile flooring and 2 generous walk-in closets. Secondary guest suite on main level. Chef's kitchen features Wolf gas range, Sub-Zero refrigerator, huge pantry. All interior doors are 8 ft. & solid wood. Two large laundry rooms, one on main & 2nd floor. Views from rooms on main level are stunning, overlooking resort style setting w/saltwater pool, fire bowls, spillover feature from hot tub. Fully fenced back yard. 2nd floor billiard room with builtins, french door access to 2nd floor balcony. 3rd floor theatre room w/full bath

Last Agent to Sell the Property

Rebecca Hunter

Allen Tate SouthPark Brokerage Email: rebecca.hunter@allentate.com License #249297 Listed on: 03/26/2025

Allen Tate SouthPark

Last Buyer's Agent

Gina Lorenzo

COMPASS License #247975

COMPASS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,559

Year Built

  • Built in 2006

Lot Details

  • Back Yard Fenced
  • Irrigation
  • Property is zoned AJO, AJ0

HOA Fees

  • $242 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Driveway

Home Design

  • Transitional Architecture
  • European Architecture
  • Brick Exterior Construction
  • Stone Siding
  • Synthetic Stucco Exterior

Interior Spaces

  • 2.5-Story Property
  • Open Floorplan
  • Central Vacuum
  • Bar Fridge
  • Ceiling Fan
  • Insulated Windows
  • French Doors
  • Mud Room
  • Family Room with Fireplace
  • Great Room with Fireplace
  • Living Room with Fireplace
  • Bonus Room with Fireplace
  • Home Security System
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Double Oven
  • Gas Cooktop
  • Range Hood
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Fireplace in Primary Bedroom
  • Walk-In Closet

Finished Basement

  • Basement Fills Entire Space Under The House
  • Crawl Space
  • Natural lighting in basement

Outdoor Features

  • Spa
  • Balcony
  • Covered Patio or Porch

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Tankless Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 06225151

Community Details

Overview

  • First Services Residential Association, Phone Number (704) 527-2314
  • Providence Downs South Subdivision
  • Mandatory home owners association

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,559

Year Built

Built in 2006

Lot Details

0

HOA Fees

$242 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: European, Transitional
  • Year Built: 2006
  • Restrictions: Architectural Review,Building
  • Road Surface Type: Concrete, Paved
  • Unit Levels: Two and a Half
  • Ratio CurrentPrice/TotalPropertyHLA: 215.09
  • Bedroom Lower: 0
  • Geocode Confidence: High
  • Attribution Contact: rebecca.hunter@allentate.com
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Basement, Crawl Space
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Attic Other, Breakfast Bar, Central Vacuum, Drop Zone, Open Floorplan, Pantry, Storage, Walk-In Closet(s), Walk-In Pantry
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 3844
  • Third Level Sq Ft: 771
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 3346
  • Appliances: Bar Fridge, Dishwasher, Double Oven, Exhaust Hood, Gas Cooktop, Tankless Water Heater
  • Above Grade Finished Sq Ft: 7961
  • Has Basement: Daylight, Finished, Full
  • Basement YN: Yes
  • Full Bathrooms: 7
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Below Grade Sq Ft: 1500
  • Door Features: French Doors, Insulated Door(s)
  • Fireplace Features: Bonus Room, Family Room, Gas, Great Room, Living Room, Primary Bedroom
  • Living Area: 9461
  • Window Features: Insulated Window(s)
  • Bedroom Main: 2
  • Room Count: 24
  • Bedroom Basement: 1
  • Bedroom Third: 0

Exterior Features

  • Exterior Features: Hot Tub, In-Ground Irrigation
  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Fencing: Back Yard
  • Construction Type: Brick Partial, Hard Stucco, Stone, Synthetic Stucco
  • Patio And Porch Features: Balcony, Covered

Garage/Parking

  • Main Level Garage YN: 1
  • Carport Y N: No
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway, Attached Garage

Utilities

  • Heating: Ductless, Natural Gas
  • Sewer: County Sewer
  • Laundry Features: Main Level, Upper Level
  • Security: Security System
  • Cooling: Ceiling Fan(s), Central Air
  • Utilities: Cable Available, Electricity Connected, Natural Gas, Underground Utilities
  • Water Source: County Water

Condo/Co-op/Association

  • Community Features: Clubhouse, Gated, Outdoor Pool, Playground, Tennis Court(s)
  • Association Fee: 726
  • Association Fee Frequency: Quarterly
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: First Services Residential
  • Phone: 704-527-2314

Association/Amenities

  • Association Annual Expense: 2904.00

Schools

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

Lot Info

  • Lot Size Area: 0.56
  • Lot Size Units: Acres
  • Parcel Number: 06225151
  • Zoning: AJ0
  • Zoning Specification: AJO

MLS Schools

  • Elementary School: Marvin
  • High School: Marvin Ridge

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2025
Closed on
Aug 11, 2025
Sold by
Peterson Linda and Peterson Richard B
Bought by
Balsara Chetankumar and Balsara Krishna
Seller's Agent
Rebecca Hunter
Allen Tate SouthPark
Buyer's Agent
Gina Lorenzo
COMPASS
List Price
$2,599,900
Sold Price
$2,035,000
Premium/Discount to List
-$564,900
-21.73%
Views
232

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1672.46%
Original Mortgage
$1,250,000
Outstanding Balance
$1,250,000
Interest Rate
5.75%
Mortgage Type
New Conventional
Estimated Equity
$1,168,126

Purchase Details

Closed on
Apr 18, 2012
Sold by
Peterson Robert and Peterson Jannifer
Bought by
Peterson Linda A and Peterson Richard B

Purchase Details

Closed on
Aug 15, 2007
Sold by
Kingdom Builders Of The Carolinas Llc
Bought by
Peterson Robert and Peterson Jannifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.62%
Mortgage Type
Credit Line Revolving
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $2,035,000 Morehead Title
Warranty Deed $2,035,000 Morehead Title
Warranty Deed $1,300,000 Master Title
Warranty Deed $1,640,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,250,000 New Conventional
Closed $1,250,000 New Conventional
Previous Owner $682,000 New Conventional
Previous Owner $682,000 Adjustable Rate Mortgage/ARM
Previous Owner $500,000 Credit Line Revolving
Previous Owner $800,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2025 08/11/25 Sold $2,035,000 -7.5% $215 / Sq Ft
06/26/2025 06/26/25 Price Changed $2,199,000 -8.3% $232 / Sq Ft
05/22/2025 05/22/25 Price Changed $2,399,000 -4.0% $254 / Sq Ft
04/28/2025 04/28/25 Price Changed $2,499,000 -3.9% $264 / Sq Ft
03/26/2025 03/26/25 For Sale $2,599,900 -- $275 / 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 $11,559 $1,841,200 $245,000 $1,596,200
2023 $11,517 $1,841,200 $245,000 $1,596,200
2022 $11,517 $1,841,200 $245,000 $1,596,200
2021 $11,491 $1,841,200 $245,000 $1,596,200
2020 $8,630 $1,120,600 $153,000 $967,600
2019 $8,587 $1,120,600 $153,000 $967,600
2018 $8,587 $1,120,600 $153,000 $967,600
2017 $9,080 $1,120,600 $153,000 $967,600
2016 $8,918 $1,120,600 $153,000 $967,600
2015 $9,017 $1,120,600 $153,000 $967,600
2014 $8,944 $1,301,850 $220,000 $1,081,850
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4230421

Canopy MLS (Canopy Realtor® Association)

APN: 06-225-151