NOT LISTED FOR SALE

3025 Groves Edge Ln Waxhaw, NC 28173

Estimated Value: $999,778 - $1,076,000

3 Beds
2.5 Baths
3,465 Sq Ft
$299/Sq Ft Est. Value

Last Sold April 03, 2019

Last sale price $560,000 $162 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $6,100/month

1 Day on Market

Highlights

  • Fitness Center
  • Open Floorplan
  • Traditional Architecture
  • Marvin Elementary School Rated A
  • Clubhouse
  • Cathedral Ceiling

About This Home

As of April 2019

Welcome home to this beautifully well appointed executive style home. Perfect for someone that enjoys both entertaining and a private peaceful surrounding. The main living area boasts a study in the front of the home with custom bookshelves and lots of light. The open floor plan has great flow and the chandelier offers a luxury feel. There are plantation shutters throughout many of the rooms of the home. The sunroom has skylights and large windows that face the back peaceful wooded area to look at with that morning cup of coffee as you start the day. The owner had the forethought and installed a shared well to feed the extended irrigation system. Marvin Creek has a beautiful amenities center including pool, tennis and walking trails. (Refrigerator 2014, Dishwasher 2016, Roof 2014, Gutter guards, Washer & Dryer included. The statues and bench stay with the home.)

Last Agent to Sell the Property

Clinton Evans

Allen Tate Charlotte South License #308093 Listed on: 03/01/2019

Allen Tate Charlotte South

Last Buyer's Agent

Jay White

Keller Williams Ballantyne Area License #246190

Keller Williams Ballantyne Area

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2005

Lot Details

  • 0.69

HOA Fees

  • $153 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Traditional Architecture

Interior Spaces

  • Open Floorplan
  • Cathedral Ceiling
  • Skylights
  • Gas Log Fireplace
  • Crawl Space

Flooring

  • Wood
  • Tile

Listing and Financial Details

  • Assessor Parcel Number 06-222-255

Community Details

Overview

  • Cusick Community Mgmt Association, Phone Number (704) 544-7779
  • Built by Toll Brothers

Amenities

  • Clubhouse

Recreation

  • Fitness Center
  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Year Built

Built in 2005

Lot Details

0

HOA Fees

$153 per month

Parking

3

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Architectural Style: Traditional
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Acre: 811594.20
  • Ratio Current Price By Sq Ft: 161.62
  • Year Built: 2005
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space
  • Upper Level Sq Ft: 986
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Equipment: Cable Prewire, Ceiling Fan(s), Cooktop Gas, Dishwasher, Disposal, Double Oven, Dryer, Exhaust Hood, Refrigerator, Washer
  • Fireplace Description: FAMILYRM, Gas Logs
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • H O A Management Phone: 704-544-7779
  • Interior Amenities: Cathedral Ceiling(s), Open Floorplan, Pantry, Skylight(s)
  • Laundry Location: Main
  • Room Count: 2
  • Main Level Sq Ft: 2479
  • Total Sq Ft: 3465

Exterior Features

  • Construction: Hard Stucco
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Garage - 3 Car, Side Load Garage

Utilities

  • Heating: Central Air, Gas Hot Air Furnace, Multizone A/C, MultiZone Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Club House, Fitness Center, Outdoor Pool, Walking Trails
  • Association Fee: 153.00
  • Association Fee Frequency: Monthly
  • HOA Management Company: Cusick Community Mgmt
  • Hoa Subject To Dues: Mandatory

Schools

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

Lot Info

  • Lot Dimension: 120x249x120x251
  • Lot Size Area: 0.690
  • Parcel Number: 06-222-255
  • Zoning Specification: AP3

Building Info

  • Builder Name: Toll Brothers

Tax Info

  • Tax Value: 482500.00
  • Tax Location: Union

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2019
Closed on
Apr 3, 2019
Sold by
Self Lorraine Wanda
Bought by
Thomas Matthew R and Thomas Jennifer Lauren
Seller's Agent
Clinton Evans
Allen Tate Charlotte South
Buyer's Agent
Jay White
Keller Williams Ballantyne Area
List Price
$560,000
Sold Price
$560,000
Current Estimated Value
$1,034,945

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$474,945
Avg. Annual Appreciation
10.02%
Original Mortgage
$532,000
Outstanding Balance
$469,626
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$565,319

Purchase Details

Closed on
Aug 4, 2010
Sold by
Self Lorraine W
Bought by
Self Lorraine Wanda and The Lorraine Wanda Self Living Trust

Purchase Details

Closed on
Jul 28, 2006
Sold by
Nc Country Club Estates Lp
Bought by
Self Lorraine W

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
6.6%
Mortgage Type
Purchase Money Mortgage
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
Thomas Matthew R $560,000 None Available
Self Lorraine Wanda -- None Available
Self Lorraine W $548,500 Itic
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thomas Matthew R $532,000
Previous Owner Self Lorraine W $360,000
Previous Owner Self Lorraine W $240,700
Previous Owner Self Lorraine W $80,500
Previous Owner Self Lorraine W $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/03/2019 04/03/19 Sold $560,000 0.0% $162 / Sq Ft
03/02/2019 03/02/19 Pending -- -- --
03/01/2019 03/01/19 For Sale $560,000 0.0% $162 / Sq Ft
05/15/2018 05/15/18 Rented $3,300 -2.9% --
12/21/2017 12/21/17 For Rent $3,400 +6.3% --
08/29/2016 08/29/16 Rented $3,200 0.0% --
08/28/2016 08/28/16 Under Contract -- -- --
07/01/2016 07/01/16 For Rent $3,200 +6.7% --
02/03/2014 02/03/14 Rented $3,000 -11.8% --
01/04/2014 01/04/14 Under Contract -- -- --
10/07/2013 10/07/13 For Rent $3,400 +17.2% --
03/02/2012 03/02/12 Rented $2,900 0.0% --
03/02/2012 03/02/12 For Rent $2,900 -- --
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 $4,221 $561,000 $145,200 $415,800
2023 $4,096 $561,000 $145,200 $415,800
2022 $4,090 $561,000 $145,200 $415,800
2021 $3,899 $561,000 $145,200 $415,800
2020 $3,716 $482,500 $105,000 $377,500
2019 $3,939 $482,500 $105,000 $377,500
2018 $0 $482,500 $105,000 $377,500
2017 $4,151 $482,500 $105,000 $377,500
2016 $3,840 $482,500 $105,000 $377,500
2015 $3,883 $482,500 $105,000 $377,500
2014 $3,183 $463,390 $100,000 $363,390
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3479327

Canopy MLS (Canopy Realtor® Association)

APN: 06-222-255