NOT LISTED FOR SALE

3120 King Olaf Dr Waxhaw, NC 28173

Estimated Value: $1,146,000 - $1,414,420

4 Beds
5 Baths
4,714 Sq Ft
$267/Sq Ft Est. Value

Last Sold August 28, 2019

Last sale price $610,000 $129 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $7,438/month

12 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Gazebo
  • Sandy Ridge Elementary School Rated A
  • Corner Lot
  • Fireplace

About This Home

As of August 2019

Gorgeous 1.5 story with fully finished basement. Perfect for in-law suite or entertaining area. High ceilings. Open floor plan. This is an equestrian friendly neighborhood with fenced in back and side yards. Large deck, gazebo and screened in porch give large yard plenty of space for entertaining. Back yard is begging for a pool. 2nd kitchen and living quarters in basement. 3 car garage with large driveway. Woods in back for privacy. Recently remodeled master bathroom. Community features include pool, pond and tennis courts. Must watch virtual tour!

Last Agent to Sell the Property

Heather Zboch

Southern Homes of the Carolinas, Inc License #286368 Listed on: 07/18/2019

Last Buyer's Agent

Scott Toney

RE/MAX Executive License #257467

RE/MAX Executive

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1998

Lot Details

  • 2.38

HOA Fees

  • $11 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Traditional Architecture

Interior Spaces

  • Fireplace
  • Crawl Space

Flooring

  • Wood
  • Tile

Outdoor Features

  • Fire Pit
  • Gazebo

Farming

  • Pasture
  • Fenced For Cattle

Additional Features

  • Corner Lot
  • Septic Tank

Community Details

  • Valhalla Farms HOA, Phone Number (704) 877-5144

Listing and Financial Details

  • Assessor Parcel Number 06-189-109

Home Details

Home Type

Single Family

Year Built

Built in 1998

Lot Details

0

HOA Fees

$11 per month

Parking

3

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1.5 Story/Basement
  • Architectural Style: Traditional
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.98387
  • Ratio Close Price By Original Li: 0.98387
  • Ratio Current Price By Acre: 256302.52
  • Ratio Current Price By Sq Ft: 129.40
  • Year Built: 1998
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement Fully Finished, Crawl Space
  • Upper Level Sq Ft: 595
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bathrooms: 5.00
  • Total Bedrooms: 4
  • Equipment: Cable Prewire, Ceiling Fan(s), Central Vacuum, CO Detector, Cooktop Electric, Cooktop Gas, Dishwasher, Double Oven, Propane
  • Fireplace Description: Living Room
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • H O A Management Phone: 704-877-5144
  • Laundry Location: Main
  • Room Count: 3
  • Sq Ft Additional: 454
  • Sq Ft Basement: 1701
  • Main Level Sq Ft: 2418
  • Total Sq Ft: 4714
  • Sq Ft Unheated Basement: 150
  • Sq Ft Unheated Total: 150

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built
  • Exterior Features: Fenced Pasture, Fenced Yard, Fire pit, Gazebo

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Garage - 3 Car, Parking Space - 4+

Utilities

  • Heating: Central Air
  • Sewer: Septic Installed
  • Water: Well Installed
  • Water Heater: Propane

Condo/Co-op/Association

  • Association Fee: 130.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Valhalla Farms HOA
  • Hoa Subject To Dues: Voluntary

Schools

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

Lot Info

  • Lot Features: Corner Lot, Pasture
  • Lot Size Area: 2.380
  • Parcel Number: 06-189-109
  • Zoning Specification: Res

Tax Info

  • Tax Value: 494400.00
  • Tax Location: Waxhaw

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2019
Closed on
Aug 28, 2019
Sold by
Koester Richard Eugene and Koester Colette Lynn
Bought by
Jackson Andrew Scott and Jackson Holly Hunter
Seller's Agent
Heather Zboch
Southern Homes of the Carolinas, Inc
Buyer's Agent
Scott Toney
RE/MAX Executive
List Price
$620,000
Sold Price
$610,000
Premium/Discount to List
-$10,000
-1.61%
Current Estimated Value
$1,260,105

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$650,105
Avg. Annual Appreciation
12.83%
Original Mortgage
$484,350
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 7, 2017
Sold by
Kiser Nancy Sheila and Kiser Nancy Sheila
Bought by
Koester Richard Eugene and Koester Colette Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 8, 2011
Sold by
Kiser Nancy Sheila and Kiser Donald Wayne
Bought by
The Nancy Sheila Kiser Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
4.82%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 29, 2009
Sold by
Burt Gary and Burt Elaine
Bought by
Kiser Donald W and Kiser Shelia G

Purchase Details

Closed on
Oct 31, 2005
Sold by
Wilson Colin D and Lapple Barbara A
Bought by
Burt Gary and Burt Elaine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,500
Interest Rate
6.19%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 27, 1998
Sold by
Wachovia Bank Na
Bought by
Wilson Colin D and Lapple Barbara A
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Jackson Andrew Scott $610,000 None Available
Koester Richard Eugene $500,000 Nationwide Title Clearing
The Nancy Sheila Kiser Revocable Trust -- None Available
Kiser Donald W $526,500 None Available
Burt Gary $485,000 --
Wilson Colin D $31,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jackson Holly Hunter $490,000
Closed Jackson Andrew Scott $484,350
Previous Owner Koester Richard Eugene $300,000
Previous Owner Koester Richard Eugene $235,000
Previous Owner Kiser Nancy Sheila $212,025
Previous Owner Kiser Donald W $40,000
Previous Owner Kiser Sheila G $213,150
Previous Owner Kiser Sheila G $210,000
Previous Owner Burt Gary $186,500
Previous Owner Burt Gary $250,000
Previous Owner Lapple Barbara A $60,000
Previous Owner Wilson Colin D $225,500
Previous Owner Wilson Colin D $150,000
Previous Owner Lapple Barbara A $135,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2019 08/28/19 Sold $610,000 -1.6% $129 / Sq Ft
07/30/2019 07/30/19 Pending -- -- --
07/18/2019 07/18/19 For Sale $620,000 -- $132 / 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 $6,885 $937,400 $215,200 $722,200
2023 $6,676 $937,400 $215,200 $722,200
2022 $5,652 $788,900 $215,200 $573,700
2021 $5,458 $788,900 $215,200 $573,700
2020 $3,807 $494,400 $101,400 $393,000
2019 $4,036 $494,400 $101,400 $393,000
2018 $3,789 $494,400 $101,400 $393,000
2017 $4,253 $494,400 $101,400 $393,000
2016 $3,934 $494,400 $101,400 $393,000
2015 $3,978 $494,400 $101,400 $393,000
2014 $3,207 $466,860 $155,200 $311,660
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3530029

Canopy MLS (Canopy Realtor® Association)

APN: 06-189-109