NOT LISTED FOR SALE

1801 Palazzo Dr Waxhaw, NC 28173

Estimated Value: $580,000 - $667,000

5 Beds
3.5 Baths
3,057 Sq Ft
$204/Sq Ft Est. Value

Last Sold July 30, 2020

Last sale price $390,000 $128 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $3,540/month

13 Days on Market

Highlights

  • Clubhouse
  • Transitional Architecture
  • Community Pool
  • New Town Elementary School Rated A
  • Wood Flooring
  • Kitchen Island

About This Home

As of July 2020

Stone accent and a charming rocking chair front porch give this bright open transitional great curb appeal! The welcoming foyer opens to the inviting study with French doors and elegant dining room. Spacious great room with cozy gas log fireplace is open to the upgraded kitchen with rich cabinetry, granite countertops, stainless steel appliances and island with bar seating. You’ll love this flexible floor plan featuring a loft/bonus area, and 5 bedrooms including a finished 3rd level guest suite with full bath! The generous master retreat boasts a luxury bath with garden tub, tiled shower and large walk-in closet. 3 car garage. Tons of storage. Enjoy the outdoors on the huge partially covered patio! Fully fenced yard backs up to serene common area for wonderful privacy! Shannon Vista residents enjoy a community clubhouse & pool, low Union County taxes and sought after schools!

Last Agent to Sell the Property

Hans Wormley

NorthGroup Real Estate LLC License #151939 Listed on: 05/31/2020

NorthGroup Real Estate LLC

Last Buyer's Agent

Jen Mugnano

Premier South License #282847

Premier South

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2016

Lot Details

  • 0.28

HOA Fees

  • $52 Monthly HOA Fees

Parking

  • 3

Home Design

  • Transitional Architecture
  • Slab Foundation
  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • Gas Log Fireplace
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Tile

Listing and Financial Details

  • Assessor Parcel Number 06-054-623

Community Details

Overview

  • Brasael Management Association, Phone Number (704) 847-3507

Amenities

  • Clubhouse

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Year Built

Built in 2016

Lot Details

0

HOA Fees

$52 per month

Parking

3

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 3 Story
  • Architectural Style: Transitional
  • Ratio Close Price By List Price: 0.98734
  • Ratio Close Price By Original Li: 0.98734
  • Ratio Current Price By Acre: 1392857.14
  • Ratio Current Price By Sq Ft: 127.58
  • Year Built: 2016
  • Special Features: None
  • Stories: 3

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 1523
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Total Bedrooms: 5
  • Equipment: Cable Prewire, Ceiling Fan(s), Cooktop Gas, Dishwasher, Disposal, Electric Dryer Hookup
  • Fireplace Description: Gas Logs, Great Room
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • H O A Management Phone: 704-847-3507
  • Interior Amenities: Kitchen Island
  • Laundry Location: Upper
  • Room Count: 3
  • Main Level Sq Ft: 1082
  • Third Level Sq Ft: 452
  • Total Sq Ft: 3057

Exterior Features

  • Construction: Stone, Vinyl
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard

Garage/Parking

  • Driveway: Concrete
  • Parking: Garage - 3 Car

Utilities

  • Heating: Central Air, Gas Hot Air Furnace
  • Sewer: Community Sewer
  • Water: County Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Community Features: Club House, Outdoor Pool
  • Association Fee: 310.00
  • Association Fee Frequency: Semi-Annually
  • HOA Management Company: Brasael Management
  • Hoa Subject To Dues: Mandatory

Lot Info

  • Parcel Number: 06-054-623
  • Zoning Specification: SFR

Tax Info

  • Tax Value: 281300.00
  • Tax Location: Union

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2020
Closed on
Jul 27, 2020
Sold by
Schlaiss Scott A and Schlaiss Jean M
Bought by
Blankenship Mark and Blankenship Lauren
Seller's Agent
Hans Wormley
NorthGroup Real Estate LLC
Buyer's Agent
Jen Mugnano
Premier South
List Price
$395,000
Sold Price
$390,000
Premium/Discount to List
-$5,000
-1.27%
Current Estimated Value
$624,558

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$234,558
Avg. Annual Appreciation
9.38%
Original Mortgage
$312,000
Outstanding Balance
$277,277
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$347,281

Purchase Details

Closed on
Jun 28, 2016
Sold by
Eastwood Construction Llc
Bought by
Schlaiss Scott A and Schlaiss Jean M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$331,075
Interest Rate
3.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 16, 2015
Sold by
Eastwood Development Corp
Bought by
Eastwood Construction Llc
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
Blankenship Mark $390,000 None Available
Schlaiss Scott A $348,500 None Available
Eastwood Construction Llc $285,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blankenship Mark $312,000
Previous Owner Schlaiss Scott A $331,075
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/30/2020 07/30/20 Sold $390,000 -1.3% $128 / Sq Ft
06/13/2020 06/13/20 Pending -- -- --
05/31/2020 05/31/20 For Sale $395,000 -- $129 / 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 $2,420 $376,300 $71,300 $305,000
2023 $2,387 $376,300 $71,300 $305,000
2022 $2,387 $376,300 $71,300 $305,000
2021 $2,371 $376,300 $71,300 $305,000
2020 $2,169 $281,300 $45,000 $236,300
2019 $2,211 $281,300 $45,000 $236,300
2018 $2,211 $281,300 $45,000 $236,300
2017 $2,356 $281,300 $45,000 $236,300
2016 $365 $45,000 $45,000 $0
2015 $371 $45,000 $45,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3625920

Canopy MLS (Canopy Realtor® Association)

APN: 06-054-623