NOT LISTED FOR SALE

401 Palmerston Ln Unit 163 Waxhaw, NC 28173

Estimated Value: $659,000 - $707,592

5 Beds
3.5 Baths
3,193 Sq Ft
$211/Sq Ft Est. Value

Last Sold August 21, 2020

Last sale price $400,000 $125 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $4,028/month

5 Days on Market

Highlights

  • Clubhouse
  • Corner Lot
  • Attached Garage
  • Wesley Chapel Elementary School Rated A
  • Community Pool

About This Home

As of August 2020

Welcome Home to 401 Palmerston Lane!! Come see this spacious move-in ready home in the highly desirable Weddington area. The office & formal dining room greet you as you enter the extra large foyer. Make your way to the grand kitchen which boasts granite counters, TWO large pantries, home organizer area, & double wall ovens. Large gathering room adjoins the kitchen for easy entertaining. Take your party out to the attached sunroom & cool off by turning on the ceiling fan. Spend your evenings overlooking the wide open backyard space just waiting for a pool, playgound, or additional entertaining area. Upstairs you'll find the stately master suite with TWO closets & extra large bathroom. The remaining 4 bedrooms will allow plenty of space for family or guests. Two additional full baths & the laundry room round out the upstairs for easy living. Come take a tour and see for yourself how wonderful 401 Palmerston Lane is!

Last Agent to Sell the Property

Sherry McNitt McCoy

EXP Realty LLC Ballantyne License #282081 Listed on: 06/14/2020

EXP Realty LLC Ballantyne

Last Buyer's Agent

Sir Ashley Harrison

Fathom Realty NC LLC License #119541

Fathom Realty NC LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2006

Lot Details

  • Corner Lot
  • Level Lot

HOA Fees

  • $44 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Slab Foundation
  • Vinyl Siding

Attic

  • Pull Down Stairs to Attic

Additional Features

  • Oven

Listing and Financial Details

  • Assessor Parcel Number 06-048-479

Community Details

Overview

  • Kuester Association
  • Built by Centex

Amenities

  • Clubhouse

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Year Built

Built in 2006

Lot Details

0

HOA Fees

$44 per month

Parking

3

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.98765
  • Ratio Close Price By Original Li: 0.98765
  • Ratio Current Price By Acre: 851063.83
  • Ratio Current Price By Sq Ft: 125.27
  • Year Built: 2006
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 1918
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Total Bedrooms: 5
  • Equipment: Cable Prewire, Ceiling Fan(s), CO Detector, Cooktop Electric, Dishwasher, Disposal, Double Oven, Electric Dryer Hookup, Oven, Wall Oven
  • Interior Amenities: Attic Stairs Pulldown, Pantry
  • Laundry Location: Upper
  • Room Count: 2
  • Main Level Sq Ft: 1275
  • Total Sq Ft: 3193

Exterior Features

  • Construction: Brick Partial, Vinyl
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard

Garage/Parking

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

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
  • Association Fee: 266.00
  • Association Fee Frequency: Semi-Annually
  • HOA Management Company: Kuester
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Wesley Chapel
  • Middle School: Weddington
  • High School: Weddington

Lot Info

  • Lot Dimension: 0.47
  • Lot Features: Corner Lot, Level
  • Lot Size Area: 0.470
  • Parcel Number: 06-048-479
  • Zoning Specification: R-40

Building Info

  • Builder Name: Centex

Tax Info

  • Tax Value: 318600.00
  • Tax Location: Wesley Chapel

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 24, 2024
Sold by
Andrews Jazmin and Andrews Aashi
Bought by
Polanco Renato and Cabrera Yuribel
Total Days on Market
5
Current Estimated Value
$675,148

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$627,000
Outstanding Balance
$623,965
Interest Rate
6.2%
Mortgage Type
New Conventional
Estimated Equity
$48,232

Purchase Details

Closed on
Mar 24, 2021
Sold by
Andrews Jazmin and Andrews Aashi
Bought by
Andrews Jazmin and Andrews Aashi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 14, 2020
Closed on
Aug 1, 2020
Sold by
Matthews Dianne Ferne and Leibowitz Michael Joel
Bought by
Andrews Jazmine and Andrews Aashi
Seller's Agent
Sherry McNitt McCoy
EXP Realty LLC Ballantyne
Buyer's Agent
Sir Ashley Harrison
Fathom Realty NC LLC
List Price
$405,000
Sold Price
$400,000
Premium/Discount to List
-$5,000
-1.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.40%
Original Mortgage
$340,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 18, 2006
Sold by
Centex Homes
Bought by
Leibowitz Michael Joel and Matthews Dianne Ferne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,296
Interest Rate
6.71%
Mortgage Type
Unknown
Source: Public Records

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Range of Values:

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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
Polanco Renato $660,000 Tryon Title
Andrews Jazmin -- Solidifi Title & Closing Llc
Andrews Jazmine $400,000 None Available
Leibowitz Michael Joel $360,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Polanco Renato $627,000
Previous Owner Andrews Jazmin $152,000
Previous Owner Andrews Jazmin $345,000
Previous Owner Andrews Jazmine $340,000
Previous Owner Leibowitz Michael Joel $50,000
Previous Owner Leibowitz Michael Joel $288,296
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2020 08/21/20 Sold $400,000 -1.2% $125 / Sq Ft
06/19/2020 06/19/20 Pending -- -- --
06/14/2020 06/14/20 For Sale $405,000 -- $127 / 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 $2,511 $400,000 $75,700 $324,300
2023 $2,502 $400,000 $75,700 $324,300
2022 $2,502 $400,000 $75,700 $324,300
2021 $2,496 $400,000 $75,700 $324,300
2020 $0 $318,550 $58,250 $260,300
2019 $2,441 $318,550 $58,250 $260,300
2018 $2,441 $318,550 $58,250 $260,300
2017 $2,582 $318,600 $58,300 $260,300
2016 $2,535 $318,550 $58,250 $260,300
2015 $2,564 $318,550 $58,250 $260,300
2014 $2,269 $330,220 $69,440 $260,780
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3631014

Canopy MLS (Canopy Realtor® Association)

APN: 06-048-479