NOT LISTED FOR SALE

325 Somerled Way Unit 92 Waxhaw, NC 28173

Estimated Value: $962,000 - $1,033,000

5 Beds
4 Baths
4,272 Sq Ft
$233/Sq Ft Est. Value

Last Sold September 28, 2018

Last sale price $472,500 $111 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $5,857/month

130 Days on Market

Highlights

  • Under Construction
  • Clubhouse
  • Wood Flooring
  • Sandy Ridge Elementary School Rated A
  • Traditional Architecture
  • Community Pool

About This Home

As of September 2018

This beautiful and very spacious Waterford's main level showcases a gourmet kitchen with a large center island and butler’s pantry connecting to the dining room. In addition, it offers 8 ft. openings, a large great room with gas fireplace, a guest suite, a formal study and hardwood floors. The second level is host to the beautiful owner’s retreat with a spa-like bath and a very large walk-in closet. Three additional bedrooms, two baths, a game room and laundry room round out the indoor living. It also includes a back covered porch and two-car garage with a bump-out workshop.

Last Agent to Sell the Property

Lauren Landgraf

Lennar Sales Corp License #253624 Listed on: 03/21/2018

Lennar Sales Corp

Last Buyer's Agent

Min Li

ProStead Realty License #286730

ProStead Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,129

Year Built

  • Built in 2018 | Under Construction

Lot Details

  • 0.25

HOA Fees

  • $85 Monthly HOA Fees

Parking

  • 2

Home Design

  • Traditional Architecture

Interior Spaces

  • 2-Story Property
  • Insulated Windows
  • Crawl Space
  • Pull Down Stairs to Attic

Kitchen

  • Walk-In Pantry
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • 4 Full Bathrooms
  • Garden Bath

Listing and Financial Details

  • Assessor Parcel Number 06159449

Community Details

Overview

  • First Services Residential Association, Phone Number (704) 805-1799
  • Built by CalAtlantic

Amenities

  • Clubhouse

Recreation

  • Community Playground
  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,129

Year Built

Built in 2018 | Under Construction

Lot Details

0

HOA Fees

$85 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Architectural Style: Traditional
  • Construction Status: Under Construction
  • Ratio Close Price By List Price: 0.96429
  • Ratio Close Price By Original Li: 0.87794
  • Ratio Current Price By Acre: 1890000.00
  • Ratio Current Price By Sq Ft: 110.60
  • Year Built: 2018
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space
  • Upper Level Sq Ft: 2331
  • Full Bathrooms: 4
  • Total Bathrooms: 4.00
  • Total Bedrooms: 5
  • Doors and Windows: Insulated Windows
  • Equipment: Cable Prewire, Cooktop Gas, Dishwasher, Disposal, Exhaust Fan
  • Fireplace Description: Great Room
  • Flooring: Carpet, Tile, Wood
  • H O A Management Phone: 704-805-1799
  • Interior Amenities: Attic Stairs Pulldown, Garden Tub, Kitchen Island, Walk-In Closet(s), Walk-In Pantry
  • Laundry Location: Upper
  • Room Count: 2
  • Sq Ft Additional: 214
  • Main Level Sq Ft: 1941
  • Total Sq Ft: 4272
  • Sq Ft Unheated Main: 531
  • Sq Ft Unheated Total: 531

Exterior Features

  • Construction: Fiber Cement
  • Construction Type: Site Built
  • New Construction: Yes
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Concrete
  • Parking: Garage - 2 Car

Utilities

  • Heating: Central Air
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Club House, Playground, Outdoor Pool, Walking Trails
  • Association Fee: 85.00
  • Association Fee Frequency: Monthly
  • HOA Management Company: First Services Residential
  • Hoa Subject To Dues: Mandatory

Schools

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

Lot Info

  • Lot Dimension: Per Plat
  • Lot Size Area: 0.250
  • Parcel Number: 06159449
  • Zoning Specification: RA-40

Building Info

  • Builder Name: CalAtlantic

Tax Info

  • Tax Location: Union

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2018
Closed on
Sep 28, 2018
Sold by
Calatlantic Group Inc
Bought by
Fang Juxiang and Idaho Aca Feixia
Seller's Agent
Lauren Landgraf
Lennar Sales Corp
Buyer's Agent
Min Li
ProStead Realty
List Price
$538,190
Sold Price
$472,500
Premium/Discount to List
-$65,690
-12.21%
Current Estimated Value
$995,318

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$522,818
Avg. Annual Appreciation
11.11%
Original Mortgage
$354,000
Outstanding Balance
$265,386
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$729,932
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
Fang Juxiang $472,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fang Juxiang $354,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/28/2018 09/28/18 Sold $472,500 -3.6% $111 / Sq Ft
07/29/2018 07/29/18 Pending -- -- --
07/23/2018 07/23/18 Price Changed $489,999 -2.0% $115 / Sq Ft
07/16/2018 07/16/18 Price Changed $499,999 -2.7% $117 / Sq Ft
06/16/2018 06/16/18 Price Changed $513,690 -1.2% $120 / Sq Ft
06/02/2018 06/02/18 Price Changed $519,900 -1.1% $122 / Sq Ft
04/19/2018 04/19/18 Price Changed $525,900 -2.3% $123 / Sq Ft
03/21/2018 03/21/18 For Sale $538,190 -- $126 / 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 $6,129 $597,800 $103,500 $494,300
2023 $6,067 $597,800 $103,500 $494,300
2022 $6,067 $597,800 $103,500 $494,300
2021 $6,058 $597,800 $103,500 $494,300
2020 $3,297 $420,800 $67,500 $353,300
2019 $4,925 $420,800 $67,500 $353,300
2018 $530 $67,500 $67,500 $0
2017 $798 $67,500 $67,500 $0
2016 $61 $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: CAR3372314

Canopy MLS (Canopy Realtor® Association)

APN: 06-159-449