NOT LISTED FOR SALE

424 Running Horse Ln Waxhaw, NC 28173

Estimated Value: $926,000 - $1,415,000

6 Beds
5 Baths
4,652 Sq Ft
$269/Sq Ft Est. Value

Last Sold February 24, 2022

Last sale price $925,000 $199 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $7,262/month

2 Days on Market

Highlights

  • Fitness Center
  • Open Floorplan
  • Deck
  • Marvin Elementary School Rated A
  • Clubhouse
  • Pond

About This Home

As of February 2022

Welcome to the lovely Marvin Creek community with its top-rated Marvin schools and fantastic location. Rare 2nd living quarters on main. 2nd living quarters include large living room, bedroom, flex room, private bath, walk in closet & separate entrance. Would make a great nanny, mother in law or older child suite. Hardwoods throughout main except family and bedrooms. Large kitchen island with granite and maple cabinets. Neighborhood amenities include, stunning clubhouse, pools, tennis courts, fitness center, play area and walking trails. Home is just 5 minutes to Blakeney shopping center and very close to Stonecrest and Waverly. Roof replaced in 2014, HVAC is less than 7 yrs old. Home sold as-is.

Last Agent to Sell the Property

Niki Neel

Keller Williams South Park License #213974 Listed on: 01/26/2022

Keller Williams South Park

Last Buyer's Agent

Jenn Davis

Real Broker, LLC License #299578

Real Broker, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,677

Year Built

  • Built in 2006

Lot Details

  • Corner Lot
  • Level Lot
  • Irrigation
  • Wooded Lot
  • Zoning described as AP2

HOA Fees

  • $153 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Shingle Siding

Interior Spaces

  • Open Floorplan
  • Wet Bar
  • Tray Ceiling
  • Ceiling Fan
  • Insulated Doors
  • Family Room with Fireplace
  • Crawl Space

Kitchen

  • Gas Cooktop
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet
  • 5 Full Bathrooms
  • Whirlpool Bathtub
  • Garden Bath

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Parking

  • Attached Garage
  • Side Facing Garage
  • Garage Door Opener

Outdoor Features

  • Pond
  • Deck

Schools

  • Marvin Elementary School
  • Marvin Ridge Middle School
  • Marvin Ridge High School

Utilities

  • Central Heating
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 06222373

Community Details

Overview

  • Cusick Association, Phone Number (704) 544-7779
  • Built by Toll Brothers
  • Marvin Creek Subdivision
  • Mandatory home owners association

Amenities

  • Picnic Area
  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,677

Year Built

Built in 2006

Lot Details

0

HOA Fees

$153 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 2006
  • Ratio Current Price By Acre: 1114457.83
  • Restrictions: Architectural Review,Subdivision
  • Doors and Windows: g-Insulated Door(s)
  • Road Surface Type: Concrete
  • Structure Type: Two Story
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Cable Available, Garden Tub, Kitchen Island, Open Floorplan, Tray Ceiling, Vaulted Ceiling, Walk-In Closet(s), Walk-In Pantry, Wet Bar, Whirlpool
  • Fixture Exception Yn: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 2320
  • 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: 2332
  • Porch: Deck
  • Appliances: Cable Prewire, Ceiling Fan(s), CO Detector, Gas Cooktop, Electric Dryer Hookup
  • Full Bathrooms: 5
  • Total Bedrooms: 6
  • Fireplace Features: Family Room, Gas
  • Living Area: 4652
  • Total Bedrooms: 2
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Half Bathrooms: 0

Exterior Features

  • Exterior Features: In-Ground Irrigation
  • New Construction: No
  • Roof: Shingle
  • Tax Location: Union
  • Construction Type: Site Built
  • Construction Type: Brick, Shingle Siding

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 694
  • Parking Features: Attached Garage, Garage - 3 Car, Garage Door Opener, Side Load Garage

Utilities

  • Heating: Central
  • Sewer: County Sewer
  • Water Heater: Gas
  • Laundry Features: Main Level
  • Water Source: County Water

Condo/Co-op/Association

  • Community Features: Clubhouse, Fitness Center, Outdoor Pool, Picnic Area, Playground, Pond, Sidewalks, Street Lights, Tennis Court(s), Walking Trails
  • Association Fee: 153
  • Association Fee Frequency: Monthly
  • Hoa Subject To Dues: Mandatory
  • Association Name: Cusick
  • Phone: 704-544-7779
  • ResoAssociationFeeFrequency: Monthly

Schools

  • Middle Or Junior School: Marvin Ridge
  • HOA Subject To: Required

Lot Info

  • Lot Features: Corner Lot, Level, Wooded
  • Lot Size Area: 0.83
  • Lot Size Units: Acres
  • Parcel Number: 06222373
  • Lot Size: 135,272,106, 15,15,15,241
  • Zoning Description: AP2

Building Info

  • Builder Name: Toll Brothers

Tax Info

  • RATIO List Price By Tax Amount: 1.12806

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Marvin
  • High School: Marvin Ridge

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2022
Closed on
Feb 19, 2022
Sold by
Ugwuala Nwauche
Bought by
Edington Holly J and Edington Scott G
Seller's Agent
Niki Neel
Keller Williams South Park
Buyer's Agent
Jenn Davis
Real Broker, LLC
List Price
$865,000
Sold Price
$925,000
Premium/Discount to List
$60,000
6.94%
Current Estimated Value
$1,251,620

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$326,620
Avg. Annual Appreciation
8.66%
Original Mortgage
$875,000
Outstanding Balance
$812,504
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$439,116

Purchase Details

Closed on
May 25, 2007
Sold by
Nc Country Club Estates Lp
Bought by
Nwauche Ugwuala and Nwauche Cecilia N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$543,380
Interest Rate
6.17%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
Edington Holly J $925,000 Corigliano Law Firm
Nwauche Ugwuala $678,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Edington Holly J $875,000
Previous Owner Nwauche Ugwuala $543,380
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/24/2022 02/24/22 Sold $925,000 +6.9% $199 / Sq Ft
01/28/2022 01/28/22 Pending -- -- --
01/26/2022 01/26/22 For Sale $865,000 -- $186 / 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 $5,677 $766,800 $145,200 $621,600
2023 $5,506 $766,800 $145,200 $621,600
2022 $5,500 $766,800 $145,200 $621,600
2021 $5,307 $766,800 $145,200 $621,600
2020 $5,036 $654,000 $105,000 $549,000
2019 $5,339 $654,000 $105,000 $549,000
2018 $5,012 $654,000 $105,000 $549,000
2017 $5,626 $654,000 $105,000 $549,000
2016 $5,532 $654,000 $105,000 $549,000
2015 $5,263 $654,000 $105,000 $549,000
2014 $4,444 $646,870 $100,000 $546,870
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3822644

Canopy MLS (Canopy Realtor® Association)

APN: 06-222-373