NOT LISTED FOR SALE

1601 Shimron Ln Waxhaw, NC 28173

Estimated Value: $733,000 - $1,021,000

4 Beds
3.5 Baths
3,679 Sq Ft
$247/Sq Ft Est. Value

Last Sold September 17, 2020

Last sale price $490,000 $133 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $5,147/month

94 Days on Market

Highlights

  • Open Floorplan
  • Traditional Architecture
  • Finished Attic
  • Rea View Elementary School Rated A
  • Engineered Wood Flooring
  • Terrace

About This Home

As of September 2020

Price Reduction! Immaculate All-Brick Home in Weddington Forest w/ Marvin Ridge Schools! Set on Almost an Acre Lot and Built in 2014, This Home Has it ALL---Master Suite Down w/ Sitting Area, Circular Driveway, 2-Car Side-Load Garage, Extended Back Patio, Gourmet Kitchen w/ Tile Backsplash, Lg Breakfast Bar, Gas Cook top, Over-Sized Butler's Pantry w/ Upgraded Cabinetry + Formal Dining Room w/ Trey Ceiling & Extensive Moldings! Open Floor Plan, Stunning Dark Hardwoods, Granite Counters, SS Appliances & More! 3 Bedrooms & 2 Fulls Baths on 2nd Level PLUS a Must-See Loft/Bonus Area! Beautiful Natural Light Throughout, Upgraded Light Fixtures, Gorgeous Architecture, Vaulted Ceilings on 2nd Level & Granite in All Bathrooms! This Home is Priced to Sell so don't miss this Amazing Opportunity! Top-Rated Marvin Schools (Rea View Elem) & Close Proximity to Providence Rd & I-485. Easy Access to Great Restaurants & Shopping. Optional HOA. A Great Value at this Price!

Last Agent to Sell the Property

Scott Sofsian

Premier Sotheby's International Realty License #279298 Listed on: 05/06/2020

Premier Sotheby's International Realty

Last Buyer's Agent

Katy Bradfield

Corcoran HM Properties License #71316

Corcoran HM Properties

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2014

Lot Details

  • 0.92

HOA Fees

  • $33 Monthly HOA Fees

Parking

  • 2

Home Design

  • Traditional Architecture
  • Slab Foundation

Interior Spaces

  • Open Floorplan
  • Tray Ceiling
  • Fireplace
  • Insulated Windows
  • Window Treatments
  • Storm Doors

Kitchen

  • Oven
  • Kitchen Island

Flooring

  • Engineered Wood
  • Tile

Bedrooms and Bathrooms

  • Garden Bath

Attic

  • Pull Down Stairs to Attic
  • Finished Attic

Outdoor Features

  • Terrace

Utilities

  • Heating System Uses Propane
  • Cable TV Available

Community Details

  • Weddington Forest Association

Listing and Financial Details

  • Assessor Parcel Number 06-156-361

Home Details

Home Type

Single Family

Year Built

Built in 2014

Lot Details

0

HOA Fees

$33 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: 0.98000
  • Ratio Close Price By Original Li: 0.95164
  • Ratio Current Price By Acre: 532608.70
  • Ratio Current Price By Sq Ft: 133.19
  • Year Built: 2014
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 1455
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Total Bedrooms: 4
  • Doors and Windows: Insulated Windows, Storm Door(s)
  • Equipment: Cable Prewire, Ceiling Fan(s), Cooktop Gas, Dishwasher, Disposal, Double Oven, Electric Dryer Hookup, Exhaust Fan, Exhaust Hood, Ice Maker Connection, Microwave, Network Ready, Oven, Security System, Self Cleaning Oven, Wall Oven
  • Fireplace Description: FAMILYRM, Propane
  • Fireplace: Yes
  • Flooring: Carpet, Prefinished Wood, Tile
  • Interior Amenities: Attic Finished, Attic Stairs Pulldown, Cable Available, Garden Tub, Kitchen Island, Open Floorplan, Tray Ceiling, Vaulted Ceiling, Window Treatments
  • Laundry Location: Main
  • Room Count: 2
  • Main Level Sq Ft: 2224
  • Total Sq Ft: 3679

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built
  • Exterior Features: Terrace

Garage/Parking

  • Driveway: Concrete
  • Parking: Garage - 2 Car, Parking Space - 4+, Side Load Garage

Utilities

  • Heating: Heat Pump - AC, Propane
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Propane

Condo/Co-op/Association

  • Association Fee: 400.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Weddington Forest
  • Hoa Subject To Dues: Voluntary

Schools

  • Elementary School: Rea View
  • Middle School: Marvin Ridge
  • High School: Marvin Ridge

Lot Info

  • Lot Size Area: 0.920
  • Parcel Number: 06-156-361
  • Zoning Specification: res

Tax Info

  • Tax Value: 464100.00
  • Tax Location: Waxhaw

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2020
Closed on
Sep 17, 2020
Sold by
Sadek Ahmed S and Sadek Mita
Bought by
Alexander Brian Craig and Alexander Angela M
Seller's Agent
Scott Sofsian
Premier Sotheby's International Realty
Buyer's Agent
Katy Bradfield
Corcoran HM Properties
List Price
$509,900
Sold Price
$490,000
Premium/Discount to List
-$19,900
-3.9%
Current Estimated Value
$909,664

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$419,664
Avg. Annual Appreciation
12.98%
Original Mortgage
$441,000
Outstanding Balance
$390,632
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$519,032

Purchase Details

Closed on
Mar 18, 2014
Sold by
Essex Homes Southeast Inc
Bought by
Sadek Ahmed S and Sadek Mita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,900
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jan 26, 2013
Closed on
Jun 25, 2013
Sold by
Paonessa Joseph and Paonessa Mary A
Bought by
Essex Home Southeast Inc
Seller's Agent
Rick Traywick
Keller Williams Ballantyne Area
Buyer's Agent
Lloyd Hartman-Trimble
Carolina Homes Connection, LLC
List Price
$49,900
Sold Price
$43,000
Premium/Discount to List
-$6,900
-13.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.16%

Purchase Details

Listed on
Apr 28, 2011
Closed on
Feb 13, 2012
Sold by
Southern Community Bank & Trust
Bought by
Paonessa Joseph and Paonessa Mary Ann
Seller's Agent
J Andrew Arlegui
Keller Williams Ballantyne Area
Buyer's Agent
Rick Traywick
Keller Williams Ballantyne Area
List Price
$43,000
Sold Price
$19,900
Premium/Discount to List
-$23,100
-53.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
79.27%

Purchase Details

Closed on
Jul 19, 2010
Sold by
Amk Constructors Inc
Bought by
Southern Community Bank & Trust

Purchase Details

Closed on
Mar 20, 2007
Sold by
Werner Christian and Werner Susan M
Bought by
Amk Constructors Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,500
Interest Rate
6.27%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 21, 2006
Sold by
Grace Properties Of The Carolinas Inc
Bought by
Werner Christian
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
Alexander Brian Craig $490,000 Investors Title
Sadek Ahmed S $330,000 None Available
Essex Home Southeast Inc $43,000 None Available
Paonessa Joseph $20,000 None Available
Southern Community Bank & Trust $101,500 None Available
Amk Constructors Inc $125,000 None Available
Werner Christian $82,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alexander Brian Craig $441,000
Previous Owner Sadek Ahmed S $296,900
Previous Owner Amk Constructors Inc $412,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/17/2020 09/17/20 Sold $490,000 -2.0% $133 / Sq Ft
08/08/2020 08/08/20 Pending -- -- --
07/31/2020 07/31/20 Price Changed $500,000 -1.9% $136 / Sq Ft
06/30/2020 06/30/20 For Sale $509,900 0.0% $139 / Sq Ft
06/14/2020 06/14/20 Pending -- -- --
06/12/2020 06/12/20 Price Changed $509,900 -1.0% $139 / Sq Ft
05/06/2020 05/06/20 For Sale $514,900 0.0% $140 / Sq Ft
09/15/2017 09/15/17 Rented $2,800 0.0% --
09/15/2017 09/15/17 For Rent $2,800 0.0% --
06/25/2013 06/25/13 Sold $43,000 -13.8% $11 / Sq Ft View Prior Sale
05/14/2013 05/14/13 Pending -- -- --
01/26/2013 01/26/13 For Sale $49,900 +150.8% $12 / Sq Ft
02/28/2012 02/28/12 Sold $19,900 -53.7% $5 / Sq Ft View Prior Sale
02/09/2012 02/09/12 Pending -- -- --
04/28/2011 04/28/11 For Sale $43,000 -- $11 / 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 $3,505 $558,300 $130,200 $428,100
2023 $3,492 $558,300 $130,200 $428,100
2022 $3,492 $558,300 $130,200 $428,100
2021 $3,484 $558,300 $130,200 $428,100
2020 $3,556 $464,100 $106,000 $358,100
2019 $3,556 $464,100 $106,000 $358,100
2018 $0 $464,100 $106,000 $358,100
2017 $3,761 $464,100 $106,000 $358,100
2016 $3,693 $464,100 $106,000 $358,100
2015 $3,735 $464,100 $106,000 $358,100
2014 $859 $290,950 $125,000 $165,950
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3610280

Canopy MLS (Canopy Realtor® Association)

APN: 06-156-361