NOT LISTED FOR SALE

2305 Merryvale Way Waxhaw, NC 28173

Estimated Value: $678,000 - $828,000

5 Beds
4 Baths
3,488 Sq Ft
$212/Sq Ft Est. Value

Last Sold November 04, 2021

Last sale price $532,000 $153 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $4,490/month

35 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Central Heating
  • Sandy Ridge Elementary School Rated A
  • Attached Garage
  • Ceiling Fan

About This Home

As of November 2021

Step inside the 5 bed, 4 full bath home with a bonus room on main floor, a fantastic sunroom perfect for sunny evening dinners, a cozy living room with a fireplace, a great room, a dinning room and so much more! This home is ready for you to make it your own!

Last Agent to Sell the Property

Margaret Craker

Mark Spain Real Estate License #314912 Listed on: 08/31/2021

Mark Spain Real Estate

Last Buyer's Agent

Ripal Patel

COMPASS License #284494

COMPASS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,147

Year Built

  • Built in 2006

Lot Details

  • 0.27

HOA Fees

  • $60 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • Ceiling Fan
  • Living Room with Fireplace
  • Crawl Space
  • Electric Dryer Hookup

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Schools

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

Additional Features

  • Deck
  • Central Heating

Community Details

  • Providence Grove Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 06159174

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,147

Year Built

Built in 2006

Lot Details

0

HOA Fees

$60 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2006
  • Ratio Current Price By Acre: 1970370.37
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Concrete
  • Structure Type: Two Story
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Fixture Exception Yn: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1639
  • 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: 1849
  • Porch: Back,Covered,Deck,Front
  • Appliances: Ceiling Fan(s), Dishwasher, Disposal, Electric Oven, Electric Dryer Hookup, Electric Range, Microwave
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Fireplace Features: Living Room
  • Living Area: 3488
  • Full Bathrooms: 1
  • Total Bedrooms: 0
  • Half Bathrooms: 0
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Half Bathrooms: 0

Exterior Features

  • New Construction: No
  • Construction Status: Complete
  • Tax Location: Union
  • Construction Type: Site Built
  • Construction Type: Vinyl Siding

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 426
  • Parking Features: Attached Garage, Garage - 2 Car

Utilities

  • Heating: Central, Gas Hot Air Furnace
  • Sewer: Public Sewer
  • Water Heater: Other
  • Laundry Features: Upper Level
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 180
  • Association Fee Frequency: Quarterly
  • Hoa Subject To Dues: Mandatory
  • ResoAssociationFeeFrequency: Quarterly

Schools

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

Lot Info

  • Lot Size Area: 0.27
  • Lot Size Units: Acres
  • Parcel Number: 06159174
  • Zoning Description: SFR

Tax Info

  • RATIO List Price By Tax Amount: 1.71545

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
Aug 31, 2021
Closed on
Nov 4, 2021
Sold by
Opendoor Property Trust I
Bought by
Shah Sachin Prafulchandra and Shah Krupa Sachin
Seller's Agent
Margaret Craker
Mark Spain Real Estate
Buyer's Agent
Ripal Patel
COMPASS
List Price
$550,000
Sold Price
$532,000
Premium/Discount to List
-$18,000
-3.27%
Current Estimated Value
$739,508

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$207,508
Avg. Annual Appreciation
8.09%
Original Mortgage
$505,400
Outstanding Balance
$467,307
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
$244,861

Purchase Details

Closed on
Jun 2, 2021
Sold by
Clement Richard J and Clement Deborah Ann
Bought by
Opendoor Property Trust I

Purchase Details

Closed on
Mar 29, 2007
Sold by
The Ryland Group Inc
Bought by
Clement Richard J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
8.6%
Mortgage Type
Unknown
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
Shah Sachin Prafulchandra $532,000 Chicago Title Insurance Co
Opendoor Property Trust I $471,500 Chicago Title Insurance Co
Clement Richard J $368,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shah Sachin Prafulchandra $505,400
Previous Owner Clement Richard J $188,700
Previous Owner Clement Richard J $175,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/04/2021 11/04/21 Sold $532,000 -2.4% $153 / Sq Ft
10/05/2021 10/05/21 Pending -- -- --
10/01/2021 10/01/21 Price Changed $545,000 -0.9% $156 / Sq Ft
08/31/2021 08/31/21 For Sale $550,000 -- $158 / 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 $4,147 $404,500 $74,000 $330,500
2023 $4,105 $404,500 $74,000 $330,500
2022 $4,105 $404,500 $74,000 $330,500
2021 $4,099 $404,500 $74,000 $330,500
2020 $2,489 $317,700 $58,500 $259,200
2019 $3,718 $317,700 $58,500 $259,200
2018 $2,495 $317,700 $58,500 $259,200
2017 $3,756 $317,700 $58,500 $259,200
2016 $3,692 $317,700 $58,500 $259,200
2015 $2,588 $317,700 $58,500 $259,200
2014 $2,460 $350,270 $38,500 $311,770
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3781109

Canopy MLS (Canopy Realtor® Association)

APN: 06-159-174