NOT LISTED FOR SALE

501 Running Horse Ln Waxhaw, NC 28173

Estimated Value: $1,299,000 - $1,367,000

4 Beds
3.5 Baths
4,500 Sq Ft
$294/Sq Ft Est. Value

Last Sold August 26, 2020

Last sale price $735,000 $163 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $7,769/month

3 Days on Market

Highlights

  • Fitness Center
  • Open Floorplan
  • Transitional Architecture
  • Marvin Elementary School Rated A
  • Clubhouse
  • Engineered Wood Flooring

About This Home

As of August 2020

Light and Bright, Move in Ready home in Marvin Creek with HUGE backyard backing to wooded common space. Beautiful front elevation with stone accents and covered front porch. Lovely 2 story foyer opens to spacious Great Room with gas fireplace. Hardwood floors throughout main level and neutral paint. Private study with built ins on main floor. Kitchen includes gas cooktop, pantry and large island with seating. Upstairs includes a spacious master bedroom suite with flex space perfect for a second home office or for your work out equipment and TONS of walk in closet space. Second floor also includes 3 secondary rooms and 2 full baths PLUS a separate large bonus room! Zoned for Marvin schools! Walk to elementary school!

Last Agent to Sell the Property

Gina Lorenzo

COMPASS License #247975 Listed on: 07/17/2020

COMPASS

Last Buyer's Agent

Malcolm Murray

Allen Tate Charlotte South License #278285

Allen Tate Charlotte South

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2007

Lot Details

  • 0.69

HOA Fees

  • $154 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Transitional Architecture

Interior Spaces

  • Open Floorplan
  • Gas Log Fireplace
  • Insulated Windows
  • Crawl Space
  • Kitchen Island

Flooring

  • Engineered Wood
  • Tile

Additional Features

  • Fire Pit
  • Level Lot

Listing and Financial Details

  • Assessor Parcel Number 06-222-345

Community Details

Overview

  • Cusick Association, Phone Number (704) 544-7779
  • Built by Toll Brothers

Amenities

  • Clubhouse

Recreation

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

Home Details

Home Type

Single Family

Year Built

Built in 2007

Lot Details

0

HOA Fees

$154 per month

Parking

3

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Architectural Style: Transitional
  • Construction Status: Complete
  • Ratio Close Price By List Price: 1.00685
  • Ratio Close Price By Original Li: 1.00685
  • Ratio Current Price By Acre: 1065217.39
  • Ratio Current Price By Sq Ft: 163.33
  • Year Built: 2007
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space
  • Upper Level Sq Ft: 2506
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Total Bedrooms: 4
  • Doors and Windows: Insulated Windows
  • Equipment: Cable Prewire, Ceiling Fan(s), Cooktop Gas, Dishwasher, Microwave, Security System, Wall Oven
  • Fireplace Description: Gas Logs, Great Room
  • Fireplace: Yes
  • Flooring: Carpet, Prefinished Wood, Tile
  • H O A Management Phone: 704-544-7779
  • Interior Amenities: Kitchen Island, Open Floorplan, Pantry
  • Laundry Location: Main
  • Room Count: 2
  • Main Level Sq Ft: 1994
  • Total Sq Ft: 4500

Exterior Features

  • Construction: Brick Full, Stone Veneer
  • Construction Type: Site Built
  • Exterior Features: Fire pit

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Garage - 3 Car, Side Load Garage

Utilities

  • Heating: Central Air, Gas Hot Air Furnace, Gas Water Heater
  • Sewer: County Sewer
  • Water: County Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Community Features: Club House, Fitness Center, Outdoor Pool, Playground, Recreation Area, Street Lights, Tennis Court(s), Walking Trails
  • Association Fee: 154.00
  • Association Fee Frequency: Monthly
  • HOA Management Company: Cusick
  • Hoa Subject To Dues: Mandatory

Schools

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

Lot Info

  • Lot Dimension: 133x226x133x227
  • Lot Features: Level
  • Lot Size Area: 0.690
  • Parcel Number: 06-222-345
  • Zoning Specification: res

Building Info

  • Builder Name: Toll Brothers

Tax Info

  • Tax Value: 650600.00
  • Tax Location: Marvin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2020
Closed on
Aug 26, 2020
Sold by
Marcos Celedonio A and Ollarves Marcos Florhely
Bought by
Zhang Yue and Hou Jinni
Seller's Agent
Gina Lorenzo
COMPASS
Buyer's Agent
Malcolm Murray
Allen Tate Charlotte South
List Price
$730,000
Sold Price
$735,000
Premium/Discount to List
$5,000
0.68%
Current Estimated Value
$1,321,380

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$586,380
Avg. Annual Appreciation
9.69%
Original Mortgage
$510,400
Outstanding Balance
$458,058
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$713,448

Purchase Details

Closed on
May 10, 2013
Sold by
Marcos Florhey O and Marcos Celedonio A
Bought by
Marcos Celedonio A and Ollarves Marcos Florhely

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,260
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 27, 2008
Sold by
Nc Country Club Estates Lp
Bought by
Marcos Florhely O and Marcos Celedonio A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
5.65%
Mortgage Type
Unknown
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
Zhang Yue $735,000 None Available
Marcos Celedonio A -- None Available
Marcos Florhely O $699,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhang Yue $510,400
Previous Owner Marcos Celedonio A $384,260
Previous Owner Marcos Florhely O $417,000
Previous Owner Marcos Florhely O $211,616
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2020 08/26/20 Sold $735,000 +0.7% $163 / Sq Ft
07/20/2020 07/20/20 Pending -- -- --
07/17/2020 07/17/20 For Sale $730,000 -- $162 / 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 $5,651 $763,100 $145,200 $617,900
2023 $5,481 $763,100 $145,200 $617,900
2022 $5,475 $763,100 $145,200 $617,900
2021 $5,266 $760,900 $145,200 $615,700
2020 $5,311 $650,600 $105,000 $545,600
2019 $5,311 $650,600 $105,000 $545,600
2018 $4,986 $650,600 $105,000 $545,600
2017 $5,597 $650,600 $105,000 $545,600
2016 $5,503 $650,600 $105,000 $545,600
2015 $5,235 $650,600 $105,000 $545,600
2014 $4,350 $633,160 $100,000 $533,160
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3641472

Canopy MLS (Canopy Realtor® Association)

APN: 06-222-345