NOT LISTED FOR SALE

407 Palmerston Ln Waxhaw, NC 28173

Estimated Value: $660,000 - $821,000

6 Beds
4 Baths
4,151 Sq Ft
$187/Sq Ft Est. Value

Last Sold May 12, 2022

Last sale price $701,000 $169 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $4,648/month

Highlights

  • Spa
  • Open Floorplan
  • Family Room with Fireplace
  • Wesley Chapel Elementary School Rated A
  • Private Lot
  • Wooded Lot

About This Home

As of May 2022

Welcome home to the highly desirable Wesley Oaks! This spacious home features 6 BR/4FULL Baths on a heavily wooded private backyard on almost an acre! All bedrooms are generous in size and most have A walk-in closet. The 6th bedroom is the bonus room with additional heated area that could be closet or study. Large primary bedroom w/ room for sitting area has a refreshed primary bathroom featuring a fully tiled shower & a separate soaking tub. Dual vanities, enclosed toilet & huge walk-in closet complete the space.Gas fireplace in family room which opens to kitchen w/island, double ovens, granite counters, ss appliances and large walk-in pantry. The 52" television w/ BUILT IN speakers in family room will convey at no additional cost. No smokers or pets have ever lived in home!3 car garage w/storage lofts, epoxy flooring and built in work bench. Ceiling fans in garage as well as most rooms in the home. Exterior features include large screened porch, 8 person Jacuzzi hot tub that conveys.

Last Agent to Sell the Property

Karen Weber

Century 21 Murphy & Rudolph License #144210 Listed on: 04/05/2022

Century 21 Murphy & Rudolph

Last Buyer's Agent

Kranthi Aella

Red Bricks Realty LLC License #274836

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,068

Year Built

  • Built in 2006

Lot Details

  • Lot Dimensions are 241x285x46x160x141
  • Private Lot
  • Level Lot
  • Irrigation
  • Wooded Lot
  • Zoning described as AMO

HOA Fees

  • $51 Monthly HOA Fees

Home Design

  • Transitional Architecture
  • Slab Foundation
  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • Open Floorplan
  • Ceiling Fan
  • Family Room with Fireplace
  • Screened Porch
  • Pull Down Stairs to Attic
  • Home Security System

Kitchen

  • Double Self-Cleaning Oven
  • Gas Cooktop
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Outdoor Features

  • Spa
  • Shed

Schools

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

Utilities

  • Central Heating
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 06048482

Community Details

Overview

  • Kuester Wesley Oaks Association, Phone Number (704) 973-9019
  • Wesley Oaks Subdivision
  • Mandatory home owners association

Recreation

  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,068

Year Built

Built in 2006

Lot Details

0

HOA Fees

$51 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Transitional
  • Year Built: 2006
  • Ratio Current Price By Acre: 805747.13
  • Doors and Windows: Screen Door(s)
  • Road Surface Type: Concrete
  • Structure Type: Two Story
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Attic Stairs Pulldown, Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s), Walk-In Pantry
  • Fixture Exception Yn: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1788
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 2363
  • Porch: Back,Front,Screened
  • Appliances: Cable Prewire, Ceiling Fan(s), CO Detector, Gas Cooktop, Dishwasher, Disposal, Double Oven, Electric Dryer Hookup, Plumbed For Ice Maker, Microwave, Refrigerator, Security System, Self Cleaning Oven
  • Full Bathrooms: 4
  • Total Bedrooms: 6
  • Fireplace Features: Family Room, Vented
  • Living Area: 4151
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Half Bathrooms: 0
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Half Bathrooms: 0

Exterior Features

  • Exterior Features: Hot Tub, In-Ground Irrigation, Shed(s)
  • New Construction: No
  • Roof: Shingle
  • Tax Location: Waxhaw
  • Construction Type: Site Built
  • Construction Type: Stone, Vinyl Siding

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 715
  • Parking Features: Garage - 3 Car, Parking Space - 2

Utilities

  • Heating: Central, Gas Hot Air Furnace
  • Sewer: County Sewer
  • Water Heater: Gas
  • Laundry Features: Main Level, Laundry Room
  • Water Source: County Water

Condo/Co-op/Association

  • Community Features: Outdoor Pool, Playground, Sidewalks, Street Lights
  • Association Fee: 303.5
  • Association Fee Frequency: Semi-Annually
  • Hoa Subject To Dues: Mandatory
  • Association Name: Kuester-Wesley Oaks
  • Phone: 704-973-9019
  • ResoAssociationFeeFrequency: SemiAnnually

Schools

  • Middle Or Junior School: Weddington
  • HOA Subject To: Required

Lot Info

  • Lot Features: Level, Private, Views, Wooded
  • Lot Size Area: 0.87
  • Lot Size Units: Acres
  • Parcel Number: 06048482
  • Lot Size: 241x285x46x160x141
  • Zoning Description: AMO

Tax Info

  • RATIO List Price By Tax Amount: 1.34187

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Wesley Chapel
  • High School: Weddington

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2022
Closed on
Apr 25, 2022
Sold by
Marie Adam Donna
Bought by
Tumu Srinivasa R and Kovvuri Jyothi
Seller's Agent
Karen Weber
Century 21 Murphy & Rudolph
Buyer's Agent
Kranthi Aella
Red Bricks Realty LLC
List Price
$639,000
Sold Price
$701,000
Premium/Discount to List
$62,000
9.7%
Total Days on Market
0
Current Estimated Value
$776,222

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,222
Avg. Annual Appreciation
4.58%
Original Mortgage
$560,800
Outstanding Balance
$475,380
Interest Rate
3.83%
Mortgage Type
Balloon
Estimated Equity
$329,680

Purchase Details

Closed on
Mar 28, 2006
Sold by
Centex Homes
Bought by
Adam Patrick Stephane and Adam Donna Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,000
Interest Rate
6.25%
Mortgage Type
Fannie Mae Freddie Mac
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
Tumu Srinivasa R $1,402 Mcnaught & Clements Pllc
Adam Patrick Stephane $414,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tumu Srinivasa R $560,800
Previous Owner Adam Donna Marie $198,288
Previous Owner Adam Patrick Stephane $214,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2022 05/12/22 Sold $701,000 +9.7% $169 / Sq Ft
04/05/2022 04/05/22 Pending -- -- --
04/05/2022 04/05/22 For Sale $639,000 -- $154 / 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 $3,068 $476,200 $79,700 $396,500
2023 $3,040 $476,200 $79,700 $396,500
2022 $3,040 $476,200 $79,700 $396,500
2021 $3,033 $476,200 $79,700 $396,500
2020 $3,055 $390,290 $61,790 $328,500
2019 $3,055 $390,290 $61,790 $328,500
2018 $3,055 $390,290 $61,790 $328,500
2017 $3,227 $390,300 $61,800 $328,500
2016 $3,170 $390,290 $61,790 $328,500
2015 $3,205 $390,290 $61,790 $328,500
2014 $2,899 $412,050 $77,320 $334,730
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3843382

Canopy MLS (Canopy Realtor® Association)

APN: 06-048-482