NOT LISTED FOR SALE

424 Belvedere Ln Waxhaw, NC 28173

Estimated Value: $788,000 - $830,000

4 Beds
3.5 Baths
3,431 Sq Ft
$237/Sq Ft Est. Value

Last Sold October 16, 2020

Last sale price $480,000 $140 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $4,814/month

16 Days on Market

Highlights

  • Transitional Architecture
  • Wood Flooring
  • Attached Garage
  • Rea View Elementary School Rated A
  • Fireplace
  • Fire Pit

About This Home

As of October 2020

You don't want to miss this beautiful home in a charming, family-friendly cul-de-sac. Located in the highly sought after Somerset Community, enjoy Union County taxes while living within a mile of the Charlotte border. Somerset is zoned for Marvin Ridge Schools and is in close proximity to Blakeney and Waverly.

This 4 bed, 3.5 bath home is situated on a flat lot surrounded by mature trees. Relax in your private fenced backyard and brand new stamped concrete patio just in time for Fall. The property contains an updated kitchen, breakfast nook, island seating, comfortable living area, grand family room, two gas fireplaces, formal dining area, home office, guest suite, jack and jill bathroom, enormous master closet, and neutral paint colors throughout.

Community Amenities Include: Swimming Pool, Tennis Courts, Basketball Courts, Playground, Walking Trails, Pavilion, Large Activity Field, and HOA planned events.

Last Agent to Sell the Property

William Youhouse

Berkshire Hathaway HomeServices Carolinas Realty License #317469 Listed on: 08/24/2020

Berkshire Hathaway HomeServices Carolinas Realty

Last Buyer's Agent

Gopal Kasarla

Prime Real Estate Advisors LLC License #83836

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2001

Lot Details

  • 0.42

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Transitional Architecture

Interior Spaces

  • Fireplace
  • Wood Flooring
  • Crawl Space
  • <<OvenToken>>

Additional Features

  • Fire Pit
  • Many Trees

Community Details

  • Association Phone (704) 377-0114

Listing and Financial Details

  • Assessor Parcel Number 06-198-413

Home Details

Home Type

Single Family

Year Built

Built in 2001

Lot Details

0

HOA Fees

$50 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Architectural Style: Transitional
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.99184
  • Ratio Close Price By Original Li: 0.98969
  • Ratio Current Price By Acre: 1142857.14
  • Ratio Current Price By Sq Ft: 139.90
  • Year Built: 2001
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space
  • Upper Level Sq Ft: 1700
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Total Bedrooms: 4
  • Equipment: Cable Prewire, Dishwasher, Disposal, Electric Range, Ice Maker Connection, Microwave, Oven, Refrigerator, Wall Oven
  • Fireplace Description: Great Room, Living Room, Natural Gas
  • Fireplace: Yes
  • Flooring: Carpet, Wood
  • H O A Management Phone: 704-377-0114
  • Laundry Location: Main, Laundry Room
  • Room Count: 2
  • Main Level Sq Ft: 1731
  • Total Sq Ft: 3431
  • Sq Ft Unheated Main: 419
  • Sq Ft Unheated Total: 419

Exterior Features

  • Construction: Brick Partial, Hardboard Siding
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard, Fire pit

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Garage - 2 Car, Keypad Entry

Utilities

  • Heating: Central Air, Heat Pump - Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee: 600.00
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Rea View
  • Middle School: Marvin Ridge
  • High School: Marvin Ridge

Lot Info

  • Lot Features: Cul-de-sac Lot, Trees
  • Lot Size Area: 0.420
  • Parcel Number: 06-198-413
  • Zoning Specification: AE4

Tax Info

  • Tax Value: 384300.00
  • Tax Location: Union

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2020
Closed on
Oct 16, 2020
Sold by
Terry Spencer and Terry Iva Ruth
Bought by
Agarwal Pravin and Lohia Jyoti
Seller's Agent
William Youhouse
Berkshire Hathaway HomeServices Carolinas Realty
Buyer's Agent
Gopal Kasarla
Prime Real Estate Advisors LLC
List Price
$485,000
Sold Price
$480,000
Premium/Discount to List
-$5,000
-1.03%
Current Estimated Value
$813,885

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$333,885
Avg. Annual Appreciation
11.78%
Original Mortgage
$432,000
Outstanding Balance
$388,557
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$425,328

Purchase Details

Closed on
Sep 28, 2016
Sold by
Bailey L Douglas and Bailey Jennifer
Bought by
Terry Spencer and Terry Iva Ruth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 14, 2001
Sold by
D R Horton Inc
Bought by
Bailey L Douglas and Bailey Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
8.25%
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
Agarwal Pravin $480,000 None Available
Terry Spencer $400,000 None Available
Bailey L Douglas $300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Agarwal Pravin $432,000
Previous Owner Terry Spencer $54,500
Previous Owner Terry Spencer $380,000
Previous Owner Bailey Larry D $282,987
Previous Owner Bailey Larry D $300,000
Previous Owner Bailey L Douglas $274,300
Previous Owner Bailey L Douglas $270,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2020 10/16/20 Sold $480,000 -0.8% $140 / Sq Ft
09/10/2020 09/10/20 Pending -- -- --
09/03/2020 09/03/20 Price Changed $483,950 -0.2% $141 / Sq Ft
08/24/2020 08/24/20 For Sale $485,000 -- $141 / 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 $3,076 $490,000 $90,200 $399,800
2023 $3,065 $490,000 $90,200 $399,800
2022 $3,065 $490,000 $90,200 $399,800
2021 $3,058 $490,000 $90,200 $399,800
2020 $2,959 $384,310 $66,710 $317,600
2019 $2,945 $384,310 $66,710 $317,600
2018 $2,945 $384,310 $66,710 $317,600
2017 $3,114 $384,300 $66,700 $317,600
2016 $3,058 $384,310 $66,710 $317,600
2015 $3,092 $384,310 $66,710 $317,600
2014 $2,552 $371,520 $63,340 $308,180
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3654554

Canopy MLS (Canopy Realtor® Association)

APN: 06-198-413