NOT LISTED FOR SALE

308 Somerled Way Waxhaw, NC 28173

Estimated Value: $948,331 - $991,000

5 Beds
4 Baths
3,960 Sq Ft
$246/Sq Ft Est. Value

Last Sold May 28, 2021

Last sale price $680,000 $172 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $5,954/month

Highlights

  • Open Floorplan
  • Clubhouse
  • Engineered Wood Flooring
  • Sandy Ridge Elementary School Rated A
  • Contemporary Architecture
  • Mud Room

About This Home

As of May 2021

This beautifully detailed home opens to a two story entry which leads you to the open dinning room, great room and gourmet kitchen with large center island, breakfast area and a bright sunroom. The gourmet kitchen has tons of cabinets, canned and pendant lighting, gas stove top, cafe oven as well as a second oven. The main floor also has a full bathroom and guest bedroom. The second level features the owner's suite with dual walk-in closets, walk-in tile shower and a deep soaking tub. The bonus room upstairs could be a theatre, playroom, office or even an extra bedroom. One bedroom has a private bath and two additional bedrooms with shared bathroom. It also has a covered double front porch and the massive front yard is fully irrigated. This home has a ton of space between you and the neighbors and is conveniently located next to the community pool. This wonderful neighborhood has walking trails, and a quiet atmosphere. 3D TOUR: https://my.matterport.com/show/?m=3XFh5prtPoY&mls=1

Last Agent to Sell the Property

Nick Heath

Mark Spain Real Estate License #300280 Listed on: 04/25/2021

Mark Spain Real Estate

Last Buyer's Agent

Nick Heath

Mark Spain Real Estate License #300280 Listed on: 04/25/2021

Mark Spain Real Estate

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2016

Lot Details

  • Level Lot
  • Irrigation

HOA Fees

  • $85 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Contemporary Architecture
  • Slab Foundation

Interior Spaces

  • Open Floorplan
  • Gas Log Fireplace
  • Insulated Windows
  • Mud Room
  • Engineered Wood Flooring
  • Pull Down Stairs to Attic
  • Kitchen Island

Bedrooms and Bathrooms

  • Walk-In Closet
  • 4 Full Bathrooms

Listing and Financial Details

  • Assessor Parcel Number 06-159-437

Community Details

Overview

  • Cedar Management Group Association, Phone Number (704) 644-8808
  • Built by Cal-Atlantic

Amenities

  • Clubhouse

Recreation

  • Community Playground
  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Year Built

Built in 2016

Lot Details

0

HOA Fees

$85 per month

Parking

3

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Architectural Style: Contemporary
  • Construction Status: Complete
  • Ratio Close Price By List Price: 1.04631
  • Ratio Close Price By Original Li: 1.04631
  • Ratio Current Price By Acre: 2266666.67
  • Ratio Current Price By Sq Ft: 171.72
  • Year Built: 2016
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 2102
  • Full Bathrooms: 4
  • Total Bathrooms: 4.00
  • Total Bedrooms: 5
  • Doors and Windows: Insulated Windows
  • Equipment: Cooktop Gas, Dishwasher, Disposal, Electric Oven, Exhaust Fan, Microwave, Security System
  • Fireplace Description: Gas Logs, Great Room
  • Fireplace: Yes
  • Flooring: Carpet, Prefinished Wood
  • H O A Management Phone: (704) 644-8808
  • Interior Amenities: Attic Stairs Pulldown, Drop Zone, Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s), Walk-In Pantry
  • Laundry Location: Upper
  • Room Count: 2
  • Main Level Sq Ft: 1858
  • Total Sq Ft: 3960
  • Sq Ft Unheated Main: 660
  • Sq Ft Unheated Total: 660

Exterior Features

  • Construction: Brick Partial, Fiber Cement
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard, In-Ground Irrigation

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Garage - 3 Car, Garage Door Opener, Keypad Entry

Utilities

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

Condo/Co-op/Association

  • Community Features: Club House, Outdoor Pool, Playground, Sidewalk, Street Lights, Walking Trails
  • Association Fee: 255.00
  • Association Fee Frequency: Quarterly
  • HOA Management Company: Cedar Management Group
  • Hoa Subject To Dues: Mandatory

Schools

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

Lot Info

  • Lot Dimension: 146x131x37x142
  • Lot Features: Level
  • Lot Size Area: 0.300
  • Parcel Number: 06-159-437
  • Zoning Specification: AJ5

Building Info

  • Builder Name: Cal-Atlantic

Tax Info

  • Tax Value: 393500.00
  • Tax Location: Waxhaw

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2021
Closed on
May 28, 2021
Sold by
Wagniere Jeffrey P and Wagniere Lauren
Bought by
Nekkalapudi Prashanth and Gogineni Neelima
Seller's Agent
Nick Heath
Mark Spain Real Estate
Buyer's Agent
Nick Heath
Mark Spain Real Estate
List Price
$649,900
Sold Price
$680,000
Premium/Discount to List
$30,100
4.63%
Current Estimated Value
$974,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$294,333
Avg. Annual Appreciation
7.47%
Original Mortgage
$548,250
Outstanding Balance
$430,652
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$484,212

Purchase Details

Closed on
Apr 30, 2018
Sold by
Standard Pacific Of The Carolinas Llc
Bought by
Wagniere Jeffrey P and Wagniere Lauren

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,735
Interest Rate
4.44%
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
Nekkalapudi Prashanth $680,000 Carolina Title Services
Wagniere Jeffrey P $464,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nekkalapudi Prashanth $548,250
Previous Owner Wagniere Jeffrey Paul $415,785
Previous Owner Wagniere Jeffrey P $417,735
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2021 05/28/21 Sold $680,000 +4.6% $172 / Sq Ft
04/25/2021 04/25/21 For Sale $649,900 -- $164 / Sq Ft
04/25/2021 04/25/21 Pending -- -- --
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 $5,665 $552,500 $103,500 $449,000
2023 $5,607 $552,500 $103,500 $449,000
2022 $5,607 $552,500 $103,500 $449,000
2021 $5,598 $552,500 $103,500 $449,000
2020 $3,083 $393,500 $67,500 $326,000
2019 $4,606 $393,500 $67,500 $326,000
2018 $0 $393,500 $67,500 $326,000
2017 $4,652 $393,500 $67,500 $326,000
2016 $47 $67,500 $67,500 $0
2015 -- $67,500 $67,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3731387

Canopy MLS (Canopy Realtor® Association)

APN: 06-159-437