NOT LISTED FOR SALE

505 Lochaven Rd Waxhaw, NC 28173

Estimated Value: $914,333 - $1,051,000

4 Beds
3.5 Baths
3,539 Sq Ft
$281/Sq Ft Est. Value

Last Sold March 03, 2021

Last sale price $574,000 $162 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $5,790/month

49 Days on Market

About This Home

As of March 2021

Great location with an entertainer's delight backyard that is fenced in and equipped with a screened in porch, spa and a beautiful and large deck.
Finished basement, hardwood floors, stainless steel appliances, granite countertops. Basement is set up as a home office, perfect for a new owner who wants to work from home.
Water purification Rainsoft system in the basement's closet to remain.

Last Agent to Sell the Property

Luciana Ferreira

The Virtual Realty Group License #235713 Listed on: 12/12/2020

Co-Listed By

Ana Tavares

J & R Properties Cotswold LLC License #311526

Last Buyer's Agent

Chelsea Ernst

Charlotte Living Realty License #321145

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1998

Lot Details

  • 1.67

Parking

  • Attached Garage

Home Design

  • Vinyl Siding

Additional Features

  • Outbuilding
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 061-53-109

Home Details

Home Type

Single Family

Year Built

Built in 1998

Lot Details

0

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story/Basement
  • Ratio Close Price By List Price: 1.01593
  • Ratio Close Price By Original Li: 0.82117
  • Ratio Current Price By Acre: 343712.57
  • Ratio Current Price By Sq Ft: 162.19
  • Year Built: 1998
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement Fully Finished
  • Upper Level Sq Ft: 1411
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Total Bedrooms: 4
  • Equipment: Cable Prewire, Ceiling Fan(s)
  • Laundry Location: Upper
  • Room Count: 3
  • Sq Ft Basement: 1064
  • Main Level Sq Ft: 1064
  • Total Sq Ft: 3539

Exterior Features

  • Construction: Brick Partial, Vinyl
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard, Outbuilding

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Garage - 2 Car

Utilities

  • Heating: Central Air
  • Sewer: Septic Installed
  • Water: Well Installed
  • Water Heater: Gas

Schools

  • Elementary School: Rea View
  • Middle School: Weddington
  • High School: Weddington

Lot Info

  • Lot Size Area: 1.670
  • Parcel Number: 061-53-109
  • Zoning Specification: RES

Tax Info

  • Tax Value: 374300.00
  • Tax Location: Union

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 12, 2020
Closed on
Mar 3, 2021
Sold by
Dos Santos Joao N Pereira and Thomas Cynthia E
Bought by
Obryon Stephanie and Obryon Lane
Seller's Agent
Luciana Ferreira
The Virtual Realty Group
Buyer's Agent
Chelsea Ernst
Charlotte Living Realty
List Price
$699,000
Sold Price
$574,000
Premium/Discount to List
-$125,000
-17.88%
Current Estimated Value
$1,000,818

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$426,818
Avg. Annual Appreciation
11.07%
Original Mortgage
$574,000
Interest Rate
4.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 22, 2019
Sold by
Dos Santos Joao N Pereera and De Oliveira Leticia Braz
Bought by
Dos Santos Joao N Pereira

Purchase Details

Closed on
Apr 11, 2007
Sold by
Frazier Brian W and Frazier Dawn C
Bought by
Braz Dos Santos Joao N Pereira and Braz De Oliveira Leticia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,000
Interest Rate
6.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 8, 2004
Sold by
Murphy Gregory Floyd and Murphy Wendy Gail
Bought by
Frazier Brian W and Frazier Dawn C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,200
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 18, 1998
Sold by
Herron Knitchel V and Legacy Home Builders
Bought by
Murphy Gregory Floyd and Murphy Wendy Gail

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,400
Interest Rate
6.9%

Purchase Details

Closed on
Jun 24, 1998
Sold by
Lochaven Corp
Bought by
Herron Knitchel and Legacy Home Builders

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,600
Interest Rate
7.21%
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
Obryon Stephanie $574,000 Master Title Agency
Dos Santos Joao N Pereira -- None Available
Braz Dos Santos Joao N Pereira $405,000 None Available
Frazier Brian W $299,000 --
Murphy Gregory Floyd $226,000 --
Herron Knitchel $45,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Obryon Stephanie $163,000
Open Bryon Stephanie O $544,500
Closed Obryon Stephanie $574,000
Previous Owner Braz Dos Santos Joao N Pereira $324,000
Previous Owner Dos Santos Joao N Pereira $81,000
Previous Owner Frazier Brian W $299,000
Previous Owner Frazier Brian W $57,000
Previous Owner Frazier Brian W $239,200
Previous Owner Murphy Gregory Floyd $47,000
Previous Owner Murphy Gregory Floyd $214,400
Previous Owner Herron Knitchel $173,600
Closed Frazier Brian W $59,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2021 03/03/21 Sold $574,000 +1.6% $162 / Sq Ft
01/31/2021 01/31/21 Pending -- -- --
01/29/2021 01/29/21 Price Changed $565,000 -5.7% $160 / Sq Ft
01/23/2021 01/23/21 Price Changed $599,000 -4.9% $169 / Sq Ft
01/13/2021 01/13/21 Price Changed $630,000 -2.6% $178 / Sq Ft
01/04/2021 01/04/21 Price Changed $647,000 -7.4% $183 / Sq Ft
12/12/2020 12/12/20 For Sale $699,000 -- $198 / 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 $3,735 $531,700 $165,400 $366,300
2023 $3,228 $510,000 $165,400 $344,600
2022 $3,244 $510,000 $165,400 $344,600
2021 $3,002 $472,000 $165,400 $306,600
2020 $2,736 $374,330 $72,430 $301,900
2019 $2,930 $374,330 $72,430 $301,900
2018 $2,736 $374,330 $72,430 $301,900
2017 $2,923 $374,300 $72,400 $301,900
2016 $3,064 $374,330 $72,430 $301,900
2015 $2,906 $374,330 $72,430 $301,900
2014 $2,080 $302,740 $158,490 $144,250
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3688746

Canopy MLS (Canopy Realtor® Association)

APN: 06-153-109