NOT LISTED FOR SALE

426 Arbor Dr Unit 5 Waxhaw, NC 28173

Estimated Value: $445,000 - $739,000

0.18 Acre
$3,235,418 Price per Acre
7,710 Sq Ft Lot

Last Sold March 11, 2022

Last sale price $116,500

Est. 392% increase in value since last sale

Current estimated payment $3,253/month

112 Days on Market

About This Lot

As of March 2022

This is a rare opportunity to purchase a buildable lot in historic Waxhaw. The lot is cleared and ready for building. Sewer & water taps are included in the price and power and natural gas is available. The R-4 Residential zoning allows for the development of single family detached homes, single family attached homes, and duplexes, at a rate of 4 units per acre (5 units per acre for cluster subdivision). This is a great location within walking distance to all the wonderful things Waxhaw has to offer.

Last Agent to Sell the Property

Heather Brown

Farms & Estates Realty Inc License #277332 Listed on: 11/19/2021

Last Buyer's Agent

Kim Lynip

EXP Realty LLC Ballantyne License #60683

EXP Realty LLC Ballantyne

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,005

Lot Details

  • Property fronts a state road
  • Open Lot
  • Possible uses of the property include Residential
  • Property is zoned R4CD, R4

Schools

  • Waxhaw Elementary School
  • Parkwood Middle School
  • Parkwood High School

Utilities

  • Water Tap or Transfer Fee

Listing and Financial Details

  • Assessor Parcel Number 05115063E

Property Details

Property Type

Land

Est. Annual Taxes

$3,005

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Lots/Acres/Farms
  • Habitable Residence Yn: No
  • Ratio Current Price By Acre: 658192.09
  • Restrictions: No Representation
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Frontage Type: Paved Road, State Road
  • Road Surface Type: Paved
  • Structure Type: Lot
  • ResoPropertyType: Land
  • Special Features: None

Interior Features

  • Fixture Exception Yn: 0
  • Possible Use: Residential

Exterior Features

  • Tax Location: Waxhaw

Utilities

  • Sewer: Public Sewer, Tap Fee Required
  • Utilities: Electricity Available, Natural Gas Available
  • Water Source: Public, Tap Fee Required

Condo/Co-op/Association

  • Hoa Subject To Dues: No

Schools

  • Middle Or Junior School: Parkwood
  • HOA Subject To: None

Lot Info

  • Lot Features: Open Lot
  • Lot Size Area: 0.177
  • Lot Size Units: Acres
  • Parcel Number: 05115063E
  • Out Buildings Yn: 0
  • Zoning Description: R4

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Waxhaw
  • High School: Parkwood

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 22, 2024
Sold by
Riter Daniel Travis
Bought by
Daniel Travis Riter Revocable Living Trust and Riter
Current Estimated Value
$572,669
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
Daniel Travis Riter Revocable Living Trust -- None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/11/2022 03/11/22 Sold $116,500 -7.2% --
11/19/2021 11/19/21 For Sale $125,500 -- --
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 $3,005 $293,100 $48,300 $244,800
2023 $1,852 $182,500 $48,300 $134,200
2022 $490 $48,300 $48,300 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3807137

Canopy MLS (Canopy Realtor® Association)

APN: 05-115-063-E