Seller's Agent in 2021
Lisa Giovanniello
Farms & Estates Realty Inc
(704) 264-4941
70 Total Sales
500 E South Main St Waxhaw, NC 28173
Estimated Value: $645,097
2
Beds
1
Bath
1,600
Sq Ft
$403/Sq Ft
Est. Value
Highlights
- Arts and Crafts Architecture
- Wood Flooring
- Fireplace
- Waxhaw Elementary School Rated A-
- Corner Lot
- 1-Story Property
About This Home
As of February 2021Unique opportunity to own a piece of Waxhaw history! This well maintained and updated 1900's house sits on the corner of N. Brevard and Highway 75 and is a short walk to the center of Waxhaw's quaint historic district. Zoned NMX - Neighborhood Mixed Use - this property may be used for commercial and/or residential purposes. (See attached Table Of Uses). Currently active on Airbnb, this property produces $30,000 in annual income and may be purchased fully furnished. The rooms are spacious and the ceilings are 10 feet high in most rooms. The sellers have lovingly renovated this home since they purchased it in 2012, renovating and maintaining it meticulously throughout the years.
Last Agent to Sell the Property
Farms & Estates Realty Inc License #200210 Listed on: 01/13/2021
Last Buyer's Agent
Non Member
Canopy Administration
Home Details
Home Type
- Single Family
Year Built
- Built in 1920
Lot Details
- Corner Lot
- Cleared Lot
Parking
- Gravel Driveway
Home Design
- Arts and Crafts Architecture
Interior Spaces
- 1 Full Bathroom
- 1-Story Property
- Fireplace
- Crawl Space
Flooring
- Wood
- Carpet
- Tile
Utilities
- Cable TV Available
Community Details
- Built by CUSTOM
Listing and Financial Details
- Assessor Parcel Number 05-115-089
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 13, 2021
Closed on
Feb 26, 2021
Sold by
Fox Property Partners Llc
Bought by
500 East South Main Street Llc
Seller's Agent
Lisa Giovanniello
Farms & Estates Realty Inc
Buyer's Agent
Non Member
Canopy Administration
List Price
$415,000
Sold Price
$410,000
Premium/Discount to List
-$5,000
-1.2%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$235,097
Avg. Annual Appreciation
10.21%
Original Mortgage
$348,500
Outstanding Balance
$312,406
Interest Rate
2.7%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$332,691
Purchase Details
Closed on
Jun 5, 2012
Sold by
First Trust Bank
Bought by
Fox Property Partners Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,520
Interest Rate
3.9%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Sep 22, 2011
Sold by
Kearu Properties Llc
Bought by
First Trust Bank
Purchase Details
Closed on
Dec 31, 2008
Sold by
Gardner James Michael
Bought by
Gardner Autumn Daune
Purchase Details
Closed on
Jan 31, 2006
Sold by
Tenny Brian W and Tenny Judith A
Bought by
Kearu Properties Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,500
Interest Rate
6.21%
Mortgage Type
Commercial
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 500 East South Main Street Llc | $410,000 | None Available | |
| 500 E South Main Street Llc | $410,000 | None Listed On Document | |
| Fox Property Partners Llc | $110,000 | None Available | |
| First Trust Bank | $75,929 | None Available | |
| Gardner Autumn Daune | -- | None Available | |
| Gardner Autumn Daune | -- | None Available | |
| Kearu Properties Llc | $140,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 500 E South Main Street Llc | $348,500 | |
| Closed | 500 E South Main Street Llc | $348,500 | |
| Previous Owner | Fox Property Partners Llc | $87,520 | |
| Previous Owner | Kearu Properties Llc | $130,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/26/2021 02/26/21 | Sold | $410,000 | -1.2% | $256 / Sq Ft |
| 01/20/2021 01/20/21 | Pending | -- | -- | -- |
| 01/13/2021 01/13/21 | For Sale | $415,000 | -- | $259 / Sq Ft |
Source: Canopy MLS (Canopy Realtor® Association)
Tax History Compared to Growth
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 | $2,450 | $239,000 | $62,000 | $177,000 |
| 2023 | $2,426 | $239,000 | $62,000 | $177,000 |
| 2022 | $2,426 | $239,000 | $62,000 | $177,000 |
| 2021 | $2,422 | $239,000 | $62,000 | $177,000 |
| 2020 | $2,422 | $79,600 | $33,600 | $46,000 |
| 2019 | $932 | $79,600 | $33,600 | $46,000 |
| 2018 | $625 | $79,600 | $33,600 | $46,000 |
| 2017 | $941 | $79,600 | $33,600 | $46,000 |
| 2016 | $925 | $79,600 | $33,600 | $46,000 |
| 2015 | $648 | $79,600 | $33,600 | $46,000 |
| 2014 | $856 | $121,920 | $44,830 | $77,090 |
Source: Public Records
Agents Affiliated with this Home
-
Lisa Giovanniello
-
N
Buyer's Agent in 2021
Non Member
NC_CanopyMLS
Map
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: CAR3698197
APN: 05-115-089
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