NOT LISTED FOR SALE

1929 Iverson Ln Waxhaw, NC 28173

Estimated Value: $3,521,000 - $4,804,000

6 Beds
9 Baths
10,347 Sq Ft
$394/Sq Ft Est. Value

Last Sold July 25, 2022

Last sale price $3,400,000 $329 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $22,900/month

10 Days on Market

Highlights

  • In Ground Pool
  • Sauna
  • Open Floorplan
  • Sandy Ridge Elementary School Rated A
  • Gated Community
  • Private Lot

About This Home

As of July 2022

Exclusive custom built luxury estate situated on approx. 5 acres of land in one of south Charlotte's most prestigeous gated communities. This sprawling residence showcases some of the finest examples of craftmanship and unparraleled design throughout. Gourmet chef's kitchen featuing large center island, top of the line appliances, new backsplash and lighting along with 2 walk-in pantries. Entertainment space is abundant in this easy flowing floor plan with impressive 2 story great room featuring a rustic stone fireplace and authentic wood beams, a family room /billiard room with a private patio and formal sitting room with floor to ceiling windows overlooking the pool. Main level office boast gorgeous millwork and built-ins. 1st floor primary suite features patio access and his/hers walk-in closets. Spectacular resort style backyard with newly renovated pool w/hot tub. Renovated pool house w/sauna, steam shower & gym area. Carriage house w/studio apartment. Top Rated Marvin Schools.

Last Agent to Sell the Property

Deb White

COMPASS License #94725 Listed on: 06/21/2022

COMPASS

Last Buyer's Agent

Lisa McCrossan

Ivester Jackson Christie's License #282674

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,767

Year Built

  • Built in 2002

Lot Details

  • Front Green Space
  • Fenced
  • Private Lot
  • Irrigation
  • Wooded Lot
  • Zoning described as AP2

HOA Fees

  • $233 Monthly HOA Fees

Home Design

  • Mediterranean Architecture
  • Tile Roof
  • Stone Siding
  • Stucco

Interior Spaces

  • Open Floorplan
  • Wet Bar
  • Central Vacuum
  • Built-In Features
  • Cathedral Ceiling
  • Mud Room
  • Family Room with Fireplace
  • Great Room with Fireplace
  • Living Room with Fireplace
  • Sauna
  • Crawl Space
  • Walk-In Attic
  • Home Security System
  • Laundry Room

Kitchen

  • Walk-In Pantry
  • Double Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet

Parking

  • Garage
  • Porte-Cochere
  • Garage Door Opener

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Pond
  • Balcony
  • Covered Patio or Porch
  • Outdoor Fireplace
  • Terrace
  • Outdoor Gas Grill

Schools

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

Utilities

  • Zoned Heating
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 06-228-048

Community Details

Overview

  • Doug Smith Association, Phone Number (704) 221-0551
  • Sedgefield Subdivision
  • Mandatory home owners association

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,767

Year Built

Built in 2002

Lot Details

0

HOA Fees

$233 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Mediterranean
  • Year Built: 2002
  • Ratio Current Price By Acre: 740740.74
  • Restrictions: Subdivision
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Second Living Quarters: Other - See Media/Remarks
  • Road Surface Type: Cobblestone
  • Structure Type: Two Story
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space, Crawl Space
  • Fireplace: Yes
  • Flooring: Carpet, Stone, Wood
  • Interior Amenities: Attic Walk In, Built Ins, Cathedral Ceiling(s), Drop Zone, Kitchen Island, Open Floorplan, Pantry, Sauna, Vaulted Ceiling, Walk-In Closet(s), Walk-In Pantry, Wet Bar
  • Fixture Exception Yn: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 5978
  • 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: 2935
  • Second Living Quarters Hla: 1434
  • Porch: Back,Balcony,Covered,Front,Patio
  • Appliances: Central Vacuum, Gas Cooktop, Dishwasher, Disposal, Double Oven, Microwave, Refrigerator, Security System, Wine Refrigerator
  • Full Bathrooms: 7
  • Half Bathrooms: 2
  • Total Bedrooms: 6
  • Fireplace Features: Family Room, Great Room, Living Room
  • Living Area: 10347
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Half Bathrooms: 2
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bedrooms: 1

Exterior Features

  • Exterior Features: Fence, Hot Tub, Gas Grill, In-Ground Irrigation, Outdoor Fireplace, In Ground Pool, Porte-cochere, Sauna, Terrace
  • New Construction: No
  • Roof: Tile
  • Construction Status: Complete
  • Tax Location: Marvin
  • Construction Type: Site Built
  • Construction Type: Stucco, Stone

Garage/Parking

  • Main Level Garage YN: 1
  • Parking Features: Attached Garage, Detached, Garage - 2 Car, Garage - 3 Car, Garage Door Opener

Utilities

  • Heating: Multizone A/C, Zoned, Natural Gas
  • Sewer: County Sewer
  • Water Heater: g-On-Demand Water Heater
  • Laundry Features: Main Level, Laundry Room
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Gated, Pond
  • Association Fee: 2800
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Association Name: Doug Smith
  • Phone: 704-221-0551
  • ResoAssociationFeeFrequency: Annually

Schools

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

Lot Info

  • Lot Features: Green Area, Private, Wooded
  • Lot Size Units: Acres
  • Parcel Number: 06-228-048
  • Zoning Description: AP2

Tax Info

  • RATIO List Price By Tax Amount: 1.45331

Multi Family

  • Unit Count: 0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2022
Closed on
Jul 20, 2022
Sold by
Kelsey Smith Andrew and Kelsey Marie Paula
Bought by
Gibson Kourtney and Gibson Aubrey
Seller's Agent
Deb White
COMPASS
Buyer's Agent
Lisa McCrossan
Ivester Jackson Christie's
List Price
$3,650,000
Sold Price
$3,400,000
Premium/Discount to List
-$250,000
-6.85%
Current Estimated Value
$4,079,533

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$679,533
Avg. Annual Appreciation
5.75%
Original Mortgage
$2,480,000
Outstanding Balance
$2,357,585
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$1,721,948

Purchase Details

Listed on
Apr 24, 2020
Closed on
Dec 23, 2020
Sold by
Dewinkler John De and Le Van
Bought by
Smith Andrew Kelsey and Smith Paula Marie
Seller's Agent
Nicholas Peters
Peters & Associates, Inc
Buyer's Agent
Deb White
COMPASS
List Price
$2,875,000
Sold Price
$2,525,000
Premium/Discount to List
-$350,000
-12.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.58%
Original Mortgage
$1,893,750
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 24, 2020
Closed on
Dec 16, 2020
Sold by
Toro Andres E
Bought by
Winkler John D and Le Van
Seller's Agent
Nicholas Peters
Peters & Associates, Inc
Buyer's Agent
Deb White
COMPASS
List Price
$2,875,000
Sold Price
$2,525,000
Premium/Discount to List
-$350,000
-12.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,893,750
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 24, 2020
Closed on
Dec 10, 2020
Sold by
Toro Cassandra
Bought by
Dewinkler John and Le Van
Seller's Agent
Nicholas Peters
Peters & Associates, Inc
Buyer's Agent
Deb White
COMPASS
List Price
$2,875,000
Sold Price
$2,525,000
Premium/Discount to List
-$350,000
-12.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,893,750
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 6, 2014
Sold by
Toro Andres E
Bought by
Dewinkler John and Le Van

Purchase Details

Closed on
Oct 26, 2012
Sold by
Toro Cassandra
Bought by
Toro Andres E

Purchase Details

Closed on
Feb 12, 2002
Sold by
Marvin Development Group Iii Llc
Bought by
Toro Andres E and Toro Cassandra
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
Gibson Kourtney $3,475,000 --
Gibson Kourtney $3,475,000 Fidelity National Title
Smith Andrew Kelsey $2,525,000 Fidelity National Ttl Ins Co
Winkler John D -- None Available
Dewinkler John -- None Available
Dewinkler John $2,690,000 Fidelity National Title Ins
Toro Andres E -- None Available
Toro Andres E $172,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gibson Kourtney $2,480,000
Closed Gibson Kourtney $2,480,000
Previous Owner Smith Andrew Kelsey $1,893,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/25/2022 07/25/22 Sold $3,400,000 -6.8% $329 / Sq Ft
07/02/2022 07/02/22 Pending -- -- --
06/21/2022 06/21/22 For Sale $3,650,000 +44.6% $353 / Sq Ft
12/23/2020 12/23/20 Sold $2,525,000 -12.2% $244 / Sq Ft View Prior Sale
11/08/2020 11/08/20 Pending -- -- --
04/24/2020 04/24/20 For Sale $2,875,000 -- $278 / 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 $15,767 $2,511,500 $490,400 $2,021,100
2023 $15,709 $2,511,500 $490,400 $2,021,100
2022 $15,709 $2,511,500 $490,400 $2,021,100
2021 $15,674 $2,511,500 $490,400 $2,021,100
2020 $20,726 $2,691,330 $493,330 $2,198,000
2019 $20,623 $2,691,330 $493,330 $2,198,000
2018 $20,623 $2,691,330 $493,330 $2,198,000
2017 $21,808 $2,691,300 $493,300 $2,198,000
2016 $21,417 $2,691,330 $493,330 $2,198,000
2015 $21,657 $2,691,330 $493,330 $2,198,000
2014 $17,832 $2,595,620 $435,000 $2,160,620
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3872481

Canopy MLS (Canopy Realtor® Association)

APN: 06-228-048