$395,000
SOLD JUN 12, 2023

4603 Magnolia Ridge Dr Waxhaw, NC 28173

4 Beds
2.5 Baths
2,010 Sq Ft
0.38 Acres

Recently Sold

$197 Per Sq Ft

1% Below List Price

2 Days on Market

Highlights

  • Transitional Architecture
  • Cathedral Ceiling
  • Front Porch
  • Waxhaw Elementary School Rated A-
  • Wood Flooring
  • 2 Car Attached Garage

About This Home

As of June 2023

Super close to adorable downtown Waxhaw! 4 bedroom / 2.5 bath, two story house on a cul-de-sac street with a large fenced in wooded back yard. Primary bedroom downstairs. This house has a formal dining room, gas fireplace, large sunporch, laundry room with storage, kitchen with new stainless appliances and granite countertops. New roof, HVAC and carpet in 2022!

Last Agent to Sell the Property

Holly Dede

Keller Williams Ballantyne Area License #275630 Listed on: 05/13/2023

Keller Williams Ballantyne Area

Co-Listed By

Bernard Dede

Dedeluxe Living Inc License #298450

Last Buyer's Agent

PJ Kennedy

Keller Williams Ballantyne Area License #275475

Keller Williams Ballantyne Area

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,481

Year Built

  • Built in 2001

Lot Details

  • Fenced
  • Property is zoned AK4

HOA Fees

  • $13 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Driveway

Home Design

  • Transitional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1.5-Story Property
  • Wired For Data
  • Cathedral Ceiling
  • Ceiling Fan
  • Great Room with Fireplace
  • Pull Down Stairs to Attic
  • Laundry Room

Kitchen

  • Electric Oven
  • Electric Range
  • <<microwave>>
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Garden Bath

Outdoor Features

  • Outbuilding
  • Front Porch

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Magnolia Ridge Subdivision

Listing and Financial Details

  • Assessor Parcel Number 05-114-285

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,481

Year Built

Built in 2001

Lot Details

0

HOA Fees

$13 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Transitional
  • Year Built: 2001
  • Restrictions: No Representation
  • Road Surface Type: Concrete, Paved
  • Unit Levels: One and One Half
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 196.52
  • Geocode Confidence: High
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Attic Other, Attic Stairs Pulldown, Cable Prewire, Cathedral Ceiling(s), Garden Tub, Pantry, Tray Ceiling(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1371
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 150
  • Sq Ft Unheated Upper: 150
  • Sq Ft Upper: 639
  • Appliances: Dishwasher, Disposal, Electric Oven, Electric Range, Electric Water Heater, Microwave
  • Other Equipment: Network Ready
  • Above Grade Finished Sq Ft: 2010
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log, Great Room
  • Living Area: 2010
  • Bedroom Main: 1
  • Room Count: 12

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Fencing: Fenced
  • Construction Type: Brick Partial, Vinyl
  • Other Structures: Outbuilding
  • Patio And Porch Features: Front Porch

Garage/Parking

  • Main Level Garage YN: 1
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway, Attached Garage, Garage Faces Front

Utilities

  • Heating: Forced Air, Natural Gas
  • Sewer: County Sewer
  • Laundry Features: Laundry Room, Main Level
  • Cooling: Ceiling Fan(s), Central Air
  • Utilities: Gas
  • Water Source: County Water

Condo/Co-op/Association

  • Community Features: None
  • Association Fee: 150
  • Association Fee Frequency: Annually
  • Senior Community: No
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • Association Annual Expense: 150.00

Schools

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

Lot Info

  • Lot Size Area: 0.38
  • Lot Size Units: Acres
  • Parcel Number: 05-114-285
  • Zoning: AK4
  • ResoLotSizeUnits: Acres
  • Zoning Specification: AK4

Green Features

  • Green Verification Count: 0

MLS Schools

  • Elementary School: Waxhaw
  • High School: Parkwood

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2023
Closed on
Jun 7, 2023
Sold by
Theurer Wayne A
Bought by
Reichenberger Jessica
Seller's Agent
Holly Dede
Keller Williams Ballantyne Area
Buyer's Agent
PJ Kennedy
Keller Williams Ballantyne Area
List Price
$400,000
Sold Price
$395,000
Premium/Discount to List
-$5,000
-1.25%
Views
35

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.06%
Original Mortgage
$392,755
Outstanding Balance
$383,563
Interest Rate
6.43%
Mortgage Type
FHA
Estimated Equity
$81,245

Purchase Details

Closed on
Sep 30, 2020
Sold by
Estate Of Thomas Wojtysiak
Bought by
Theurer Wayne A and Vestal Angela Hood

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,007
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 15, 2004
Sold by
Waxhaw Development Group I Lp
Bought by
Wojtysiak Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,750
Interest Rate
5.66%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 2, 2003
Sold by
Waxhaw Development Group I Lp
Bought by
Wojtysiak Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
5.82%
Mortgage Type
Construction
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $400,000 Tryon Title
Warranty Deed $270,000 None Available
Warranty Deed $29,000 --
Warranty Deed $29,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $392,755 FHA
Previous Owner $251,007 New Conventional
Previous Owner $178,500 Unknown
Previous Owner $137,750 Construction
Previous Owner $108,000 Construction
Previous Owner $40,000 Credit Line Revolving
Previous Owner $128,250 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2025 07/11/25 For Sale $485,000 +22.8% $243 / Sq Ft
06/12/2023 06/12/23 Sold $395,000 -1.3% $197 / Sq Ft
05/15/2023 05/15/23 Pending -- -- --
05/13/2023 05/13/23 For Sale $400,000 -- $199 / 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 $2,481 $242,000 $49,600 $192,400
2023 $2,456 $242,000 $49,600 $192,400
2022 $2,456 $242,000 $49,600 $192,400
2021 $2,452 $242,000 $49,600 $192,400
2020 $1,426 $182,040 $34,140 $147,900
2019 $2,130 $182,040 $34,140 $147,900
2018 $1,429 $182,040 $34,140 $147,900
2017 $2,152 $182,000 $34,100 $147,900
2016 $2,115 $182,040 $34,140 $147,900
2015 $1,482 $182,040 $34,140 $147,900
2014 $1,254 $178,520 $27,790 $150,730
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4029804

Canopy MLS (Canopy Realtor® Association)

APN: 05-114-285