NOT LISTED FOR SALE

5045 Groves Edge Ln Waxhaw, NC 28173

Estimated Value: $946,000 - $1,171,000

4 Beds
3.5 Baths
4,052 Sq Ft
$271/Sq Ft Est. Value

Last Sold September 13, 2018

Last sale price $560,000 $138 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $6,342/month

108 Days on Market

Highlights

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

About This Home

As of September 2018

Beautiful Full Brick Home in Marvin Creek! Soaring Two-Story Foyer and Great Room. Wood and Tile on Main Level. Gourmet Kitchen Complete with Stainless Appliances, Center Island and Gas Cooktop. Breakfast Nook with Direct Access to Expanded Deck and Patio, Overlooking Large, Level Backyard. Spacious Master with Sitting Room, Three Walk-In Closets, Luxurious Master Bath with Dual, Separate Vanities. Large Secondary Bedrooms. Finished Third Floor Bonus with Separate Areas to Lounge and Play. Amenity-Filled Subdivision!

Last Agent to Sell the Property

Robin Husney

Realty One Group Revolution License #240186 Listed on: 03/28/2018

Realty One Group Revolution

Last Buyer's Agent

Tara Neperud

Helen Adams Realty License #275704

Helen Adams Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2007

Lot Details

  • Level Lot
  • Irrigation
  • Many Trees

HOA Fees

  • $153 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Transitional Architecture

Interior Spaces

  • Open Floorplan
  • Tray Ceiling
  • Gas Log Fireplace
  • Crawl Space
  • Kitchen Island

Flooring

  • Engineered Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • Garden Bath

Listing and Financial Details

  • Assessor Parcel Number 06-222-272

Community Details

Overview

  • Cusick Association, Phone Number (704) 544-7779

Amenities

  • Clubhouse

Recreation

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

Home Details

Home Type

Single Family

Year Built

Built in 2007

Lot Details

0

HOA Fees

$153 per month

Parking

3

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 3 Story
  • Architectural Style: Transitional
  • Ratio Close Price By List Price: 0.97391
  • Ratio Close Price By Original Li: 0.93333
  • Ratio Current Price By Acre: 777777.78
  • Ratio Current Price By Sq Ft: 138.20
  • Year Built: 2007
  • Special Features: None
  • Stories: 3

Interior Features

  • Foundation Details: Crawl Space
  • Upper Level Sq Ft: 1786
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Total Bedrooms: 4
  • Equipment: Cable Prewire, Ceiling Fan(s), Cooktop Gas, Dishwasher, Disposal, Dryer, Electric Dryer Hookup, Ice Maker Connection, Microwave, Refrigerator, Washer
  • Fireplace Description: Gas Logs, Great Room
  • Fireplace: Yes
  • Flooring: Carpet, Prefinished Wood, Tile
  • H O A Management Phone: 704-544-7779
  • Interior Amenities: Garden Tub, Kitchen Island, Open Floorplan, Pantry, Tray Ceiling, Walk-In Closet(s)
  • Laundry Location: Main, Laundry Room
  • Room Count: 3
  • Main Level Sq Ft: 1649
  • Third Level Sq Ft: 617
  • Total Sq Ft: 4052
  • Sq Ft Unheated Main: 645
  • Sq Ft Unheated Total: 645

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built
  • Exterior Features: In-Ground Irrigation
  • Publically Maintained Road: Yes

Garage/Parking

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

Utilities

  • Heating: Central Air, Gas Hot Air Furnace, Multizone A/C, MultiZone Heat
  • Sewer: City Sewer
  • Water: County Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Community Features: Club House, Fitness Center, Playground, Outdoor Pool, Tennis Court(s), Walking Trails
  • Association Fee: 153.00
  • 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: 116 x 253 x 138 x 245
  • Lot Features: Level, Trees
  • Lot Size Area: 0.720
  • Parcel Number: 06-222-272
  • Zoning Specification: AP2

Tax Info

  • Tax Value: 534200.00
  • Tax Location: Marvin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2018
Closed on
Sep 11, 2018
Sold by
Weinberg Brett J and Silverman Julie
Bought by
Smith Neil M and Lynch Amanda L
Seller's Agent
Robin Husney
Realty One Group Revolution
Buyer's Agent
Tara Neperud
Helen Adams Realty
List Price
$600,000
Sold Price
$560,000
Premium/Discount to List
-$40,000
-6.67%
Current Estimated Value
$1,096,954

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$536,954
Avg. Annual Appreciation
9.93%
Original Mortgage
$448,000
Outstanding Balance
$276,665
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$820,289

Purchase Details

Closed on
Jun 1, 2015
Sold by
Kessler Kieran Joseph and Kessler Maria
Bought by
Weinberg Brett J and Silverman Julie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,500
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 5, 2007
Sold by
Nc Country Club Estates Lp
Bought by
Kessler Kieran Joseph and Kessler Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.87%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Smith Neil M $560,000 None Available
Weinberg Brett J $595,000 None Available
Kessler Kieran Joseph $509,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Neil M $448,000
Previous Owner Weinberg Brett J $416,500
Previous Owner Kessler Kieran Joseph $180,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/13/2018 09/13/18 Sold $560,000 -2.6% $138 / Sq Ft
07/14/2018 07/14/18 Pending -- -- --
07/11/2018 07/11/18 Price Changed $575,000 -1.7% $142 / Sq Ft
06/14/2018 06/14/18 Price Changed $584,900 -2.5% $144 / Sq Ft
05/30/2018 05/30/18 For Sale $600,000 0.0% $148 / Sq Ft
05/02/2018 05/02/18 Pending -- -- --
03/28/2018 03/28/18 For Sale $600,000 0.0% $148 / Sq Ft
08/03/2016 08/03/16 Rented $3,350 -4.3% --
08/02/2016 08/02/16 Under Contract -- -- --
07/27/2016 07/27/16 For Rent $3,500 -- --
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 $4,682 $626,200 $145,200 $481,000
2023 $4,293 $626,200 $145,200 $481,000
2022 $4,537 $626,200 $145,200 $481,000
2021 $4,345 $626,200 $145,200 $481,000
2020 $4,114 $534,200 $105,000 $429,200
2019 $4,361 $534,200 $105,000 $429,200
2018 $0 $534,200 $105,000 $429,200
2017 $4,596 $534,200 $105,000 $429,200
2016 $4,251 $534,200 $105,000 $429,200
2015 $4,299 $534,200 $105,000 $429,200
2014 $3,542 $515,550 $100,000 $415,550
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3374528

Canopy MLS (Canopy Realtor® Association)

APN: 06-222-272