NOT LISTED FOR SALE

201 Somerled Way Waxhaw, NC 28173

Estimated Value: $931,100 - $1,013,000

5 Beds
4 Baths
3,964 Sq Ft
$244/Sq Ft Est. Value

Last Sold September 14, 2021

Last sale price $686,000 $173 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $5,865/month

2 Days on Market

Highlights

  • Fireplace
  • Attached Garage
  • Tile Flooring
  • Sandy Ridge Elementary School Rated A

About This Home

As of September 2021

Built in 2015, this Waxhaw two-story corner home offers granite countertops, and a two-car garage. This home has been virtually staged to illustrate its potential.

Last Agent to Sell the Property

Verria Hairston

Opendoor Brokerage LLC License #309654 Listed on: 08/02/2021

Last Buyer's Agent

Satya Vardireddy

Satya Realty LLC License #323927

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2015

Lot Details

  • 0.26

HOA Fees

  • $85 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Slab Foundation

Interior Spaces

  • 4 Full Bathrooms
  • Fireplace

Flooring

  • Laminate
  • Tile

Community Details

  • Care Of Cedar Management Group Association, Phone Number (704) 644-8808

Listing and Financial Details

  • Assessor Parcel Number 06-159-387

Home Details

Home Type

Single Family

Year Built

Built in 2015

Lot Details

0

HOA Fees

$85 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Construction Status: Complete
  • Ratio Close Price By List Price: 1.03158
  • Ratio Close Price By Original Li: 1.03158
  • Ratio Current Price By Acre: 2638461.54
  • Ratio Current Price By Sq Ft: 173.06
  • Year Built: 2015
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 2158
  • Full Bathrooms: 4
  • Total Bathrooms: 4.00
  • Total Bedrooms: 5
  • Equipment: Ceiling Fan(s), Cooktop Gas, Microwave, Wall Oven
  • Fireplace Description: Natural Gas
  • Fireplace: Yes
  • Flooring: Carpet, Laminate Wood, Tile
  • H O A Management Phone: 7046448808
  • Laundry Location: Laundry Room
  • Room Count: 2
  • Main Level Sq Ft: 1806
  • Total Sq Ft: 3964

Exterior Features

  • Construction: Brick Partial
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Garage - 2 Car

Utilities

  • Heating: Gas Hot Air Furnace
  • Sewer: Public Sewer
  • Water: County Water

Condo/Co-op/Association

  • Association Fee: 255.00
  • Association Fee Frequency: Quarterly
  • HOA Management Company: Care of Cedar Management Group
  • Hoa Subject To Dues: Mandatory

Schools

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

Lot Info

  • Lot Size Area: 0.260
  • Parcel Number: 06-159-387
  • Zoning Specification: CR3

Tax Info

  • Tax Value: 396300.00
  • Tax Location: Waxhaw

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2021
Closed on
Sep 13, 2021
Sold by
Opendoor Property Trust I
Bought by
Kandi Pavani and Jammula Venkatramnara
Seller's Agent
Verria Hairston
Opendoor Brokerage LLC
Buyer's Agent
Satya Vardireddy
Satya Realty LLC
List Price
$665,000
Sold Price
$686,000
Premium/Discount to List
$21,000
3.16%
Current Estimated Value
$969,649

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$283,649
Avg. Annual Appreciation
9.02%
Original Mortgage
$541,940
Outstanding Balance
$497,803
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$463,839

Purchase Details

Closed on
Jul 2, 2021
Sold by
Wade Jeffrey L and Wade Lanae D
Bought by
Opendoor Property Trust I

Purchase Details

Closed on
Oct 9, 2015
Sold by
Standard Pacific Of The Carolinas Llc
Bought by
Wade Jeffrey L and Wade Lanae D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.94%
Mortgage Type
New Conventional
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
Kandi Pavani $686,000 Chicago Title Insurance Co
Opendoor Property Trust I $630,500 Chicago Title Insurance Co
Wade Jeffrey L $486,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kandi Pavani $541,940
Previous Owner Wade Jeffrey L $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2021 09/14/21 Sold $686,000 +3.2% $173 / Sq Ft
08/04/2021 08/04/21 Pending -- -- --
08/02/2021 08/02/21 For Sale $665,000 -- $168 / 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 $5,655 $551,500 $103,500 $448,000
2023 $5,597 $551,500 $103,500 $448,000
2022 $5,597 $551,500 $103,500 $448,000
2021 $5,588 $551,500 $103,500 $448,000
2020 $3,105 $396,300 $67,500 $328,800
2019 $4,638 $396,300 $67,500 $328,800
2018 $0 $396,300 $67,500 $328,800
2017 $4,685 $396,300 $67,500 $328,800
2016 $4,606 $396,300 $67,500 $328,800
2015 $550 $396,300 $67,500 $328,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3769569

Canopy MLS (Canopy Realtor® Association)

APN: 06-159-387