NOT LISTED FOR SALE

505 Cottonfield Cir Waxhaw, NC 28173

Estimated Value: $686,000 - $841,000

4 Beds
2.5 Baths
2,816 Sq Ft
$267/Sq Ft Est. Value

Last Sold August 30, 2023

Last sale price $675,000 $240 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $4,315/month

38 Days on Market

Highlights

  • Spa
  • Colonial Architecture
  • Private Lot
  • Marvin Elementary School Rated A
  • Deck
  • Wooded Lot

About This Home

As of August 2023

Beautiful east facing home in Town Of Weddington in highly sought after MARVIN RIDGE SCHOOLS. Peaceful landscaped 1.2 acre lot, spacious front lawn & park-like backyard with large deck (approximately 825 sq ft) w/ afternoon shade great for entertaining. Approx 2815 square feet with 4BR (all 2nd floor), 2.5 BA, dining room, living room\office, oversized bonus room, lots of closet space, laundry room & oversized 2 car garage. Open kitchen with stainless steel appliances (dual fuel gas\electric range), quartz countertops, large walk-in pantry, under cabinet lighting & eat-in breakfast area that flows into the family room w/ fireplace. Primary BR has an ensuite bathroom & walk-in closet. All bathrooms recently renovated. Interior freshly painted, new carpet on 2nd floor and full hardwoods on 1st floor. Located 5 mins from local shopping (Waverly, Blakeneny, Publix, Harris Teeter) & 30 minutes to downtown Charlotte and Airport. Plenty of storage in bonus room attic. WELL & SEPTIC INSTALLED.

Last Agent to Sell the Property

Susan Ayers

HomeZu License #216309 Listed on: 06/22/2023

Last Buyer's Agent

Alissa McDonald

EXP Realty LLC Ballantyne License #269751

EXP Realty LLC Ballantyne

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,871

Year Built

  • Built in 1987

Lot Details

  • Private Lot
  • Open Lot
  • Wooded Lot
  • Property is zoned R40

HOA Fees

  • $11 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Colonial Architecture
  • Vinyl Siding
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 2-Story Property
  • Wired For Data
  • Ceiling Fan
  • Wood Burning Fireplace
  • Insulated Windows
  • Window Treatments
  • Window Screens
  • Family Room with Fireplace
  • Crawl Space
  • Pull Down Stairs to Attic

Kitchen

  • Self-Cleaning Convection Oven
  • Gas Cooktop
  • Warming Drawer
  • Plumbed For Ice Maker
  • ENERGY STAR Qualified Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Dual Flush Toilets

Laundry

  • Laundry Room
  • ENERGY STAR Qualified Dryer
  • Dryer
  • ENERGY STAR Qualified Washer

Accessible Home Design

  • More Than Two Accessible Exits
  • Flooring Modification

Eco-Friendly Details

  • ENERGY STAR/CFL/LED Lights

Outdoor Features

  • Spa
  • Deck
  • Shed

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 06-180-033

Community Details

Overview

  • Providence Acres Subdivision
  • Mandatory home owners association

Security

  • Card or Code Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,871

Year Built

Built in 1987

Lot Details

0

HOA Fees

$11 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Colonial
  • Year Built: 1987
  • Restrictions: Architectural Review
  • Road Surface Type: Concrete, Paved
  • Unit Levels: Two
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 239.70
  • Geocode Confidence: High
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Attic Other, Attic Stairs Pulldown, Pantry, Storage, Walk-In Closet(s), Walk-In Pantry
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1287
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 1529
  • Appliances: Convection Oven, Dishwasher, Dryer, Dual Flush Toilets, Electric Water Heater, ENERGY STAR Qualified Washer, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Dryer, ENERGY STAR Qualified Light Fixtures, Gas Cooktop, Plumbed For Ice Maker, Refrigerator, Self Cleaning Oven, Warming Drawer, Washer/Dryer
  • Above Grade Finished Sq Ft: 2816
  • Accessibility Features: Two or More Access Exits, Mobility Friendly Flooring
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Insulated Door(s), Screen Door(s), Storm Door(s)
  • Fireplace Features: Family Room, Wood Burning
  • Living Area: 2816
  • Window Features: Insulated Window(s), Window Treatments
  • Bedroom Main: 0
  • Room Count: 8

Exterior Features

  • Exterior Features: Hot Tub
  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Fencing: Invisible
  • Waterfront Features: None
  • Exclusions: All Ring brand security system doorbell, cameras, sensors, etc. and Kwikset deadbolt lock will be removed prior to closing. Light fixtures, doorbell and deadbolt lock will be replaced prior to closing. Clothes washer, clothes dryer, hot tub and both outbu
  • Construction Type: Aluminum, Brick Full, Vinyl
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 440
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway, Attached Garage, Garage Door Opener, Garage Faces Side, Keypad Entry

Utilities

  • Heating: Central, Electric, Heat Pump
  • Sewer: Septic Installed
  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Inside, Laundry Room, Main Level, Sink, Washer Hookup
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air, Electric, Heat Pump
  • Utilities: Cable Connected, Electricity Connected, Gas, Underground Power Lines, Wired Internet Available
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Street Lights
  • Association Fee: 130
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • Association Annual Expense: 130.00

Schools

  • Middle Or Junior School: Marvin Ridge
  • HOA Subject To: Optional

Lot Info

  • Lot Features: Open Lot, Private, Wooded, Other - See Remarks
  • Lot Size Area: 1.2
  • Lot Size Units: Acres
  • Parcel Number: 06-180-033
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R40

Green Features

  • Green Verification Count: 0

MLS Schools

  • Elementary School: Marvin
  • High School: Marvin Ridge

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2023
Closed on
Aug 30, 2023
Sold by
Donnegan Joan E and Donnegan William F
Bought by
Abrams Daniel R and Abrams Amy E
Seller's Agent
Susan Ayers
HomeZu
Buyer's Agent
Alissa McDonald
EXP Realty LLC Ballantyne
List Price
$699,000
Sold Price
$675,000
Premium/Discount to List
-$24,000
-3.43%
Views
164
Current Estimated Value
$751,839

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,839
Avg. Annual Appreciation
7.05%

Purchase Details

Closed on
Jun 28, 2002
Sold by
Scharff Rick F and Scharff Mary Ann
Bought by
Donnegan William F and Donnegan Joan E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,000
Interest Rate
6.86%
Source: Public Records

Range of Values:

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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
Abrams Daniel R -- None Listed On Document
Donnegan William F $242,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Donnegan Joan E $183,000
Previous Owner Donnegan Joan Elizabeth $120,000
Previous Owner Donnegan Joan E $18,754
Previous Owner Donnegan Joan E $5,000
Previous Owner Donnegan William F $197,000
Previous Owner Donnegan William F $194,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2023 08/30/23 Sold $675,000 -2.0% $240 / Sq Ft
07/14/2023 07/14/23 Price Changed $689,000 -1.4% $245 / Sq Ft
06/22/2023 06/22/23 For Sale $699,000 -- $248 / 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 $2,871 $399,300 $90,000 $309,300
2023 $2,528 $399,300 $90,000 $309,300
2022 $2,540 $399,300 $90,000 $309,300
2021 $2,540 $399,300 $90,000 $309,300
2020 $2,278 $311,700 $75,600 $236,100
2019 $2,440 $311,700 $75,600 $236,100
2018 $2,278 $311,700 $75,600 $236,100
2017 $2,434 $311,700 $75,600 $236,100
2016 $2,551 $311,700 $75,600 $236,100
2015 $2,420 $311,700 $75,600 $236,100
2014 $1,805 $262,700 $88,000 $174,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4041480

Canopy MLS (Canopy Realtor® Association)

APN: 06-180-033