NOT LISTED FOR SALE

5140 Oak Grove Place Unit 13 Waxhaw, NC 28173

Estimated Value: $981,715 - $997,000

5 Beds
5.5 Baths
4,005 Sq Ft
$247/Sq Ft Est. Value

Last Sold July 31, 2019

Last sale price $454,769 $114 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $5,992/month

93 Days on Market

Highlights

  • Under Construction
  • Deck
  • Wood Flooring
  • Sandy Ridge Elementary School Rated A
  • Wooded Lot
  • Built-In Double Convection Oven

About This Home

As of July 2019

Our popular three-story WESTLEY plan in Oak Grove offers open concept living starting on the main level with a gourmet kitchen (double wall ovens and gas cooktop, SS appliances, breakfast bar, granite and ceramic tile, pendant lights and recessed lighting) overlooking a spacious family room with a gas fireplace. There is a study, dining room and guest suite with hardwoods throughout the main level (except for Guest Suite.) The second level host the Master suite with a spa-like bath, two extra bedrooms with baths and a loft. The third level has a media/loft space with a bedroom and bath. This home also includes a three-car garage, a deck and a built-in grill station.

Last Agent to Sell the Property

Lauren Landgraf

Lennar Sales Corp Brokerage Email: lauren.landgraf@lennar.com License #253624 Listed on: 01/24/2019

Lennar Sales Corp

Last Buyer's Agent

Colleen Eaton

Berkshire Hathaway HomeServices Carolinas Realty License #296729

Berkshire Hathaway HomeServices Carolinas Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,937

Year Built

  • Built in 2019 | Under Construction

Lot Details

  • 0.69 Acre Lot
  • Cul-De-Sac
  • Wooded Lot

HOA Fees

  • $117 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Driveway

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3-Story Property
  • Wired For Data
  • Great Room with Fireplace
  • Crawl Space
  • Electric Dryer Hookup

Kitchen

  • Breakfast Bar
  • Built-In Double Convection Oven
  • Gas Cooktop
  • <<microwave>>
  • Plumbed For Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • Garden Bath

Outdoor Features

  • Deck
  • Patio

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Community Association Management Association, Phone Number (704) 731-5560
  • Built by LENNAR
  • Oak Grove Estates Subdivision, Westley E Floorplan
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 06192786

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,937

Year Built

Built in 2019 | Under Construction

Lot Details

0

HOA Fees

$117 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2019
  • Proposed Completion Date: 2019-07-31
  • Road Surface Type: Concrete
  • Unit Levels: Three
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 113.55
  • Attribution Contact: lauren.landgraf@lennar.com
  • Special Features: NewHome

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood, Tile
  • Interior Amenities: Breakfast Bar, Cable Prewire, Garden Tub, Kitchen Island, Pantry, Tray Ceiling(s), Walk-In Closet(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1721
  • Third Level Sq Ft: 671
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 1613
  • Appliances: Convection Oven, Dishwasher, Disposal, Double Oven, Gas Cooktop, Gas Water Heater, Microwave, Plumbed For Ice Maker, Wall Oven
  • Other Equipment: Network Ready
  • Above Grade Finished Sq Ft: 4005
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Great Room
  • Living Area: 4005
  • Bedroom Main: 1
  • Room Count: 17
  • Sq Ft Other: 0
  • Bedroom Third: 1

Exterior Features

  • New Construction: Yes
  • Construction Type: Site Built
  • Construction Type: Brick Partial, Fiber Cement
  • Patio And Porch Features: Deck, Patio

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 583
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Driveway, Attached Garage, Garage Faces Side

Utilities

  • Heating: Central, Forced Air, Natural Gas, Zoned
  • Sewer: County Sewer
  • Laundry Features: Electric Dryer Hookup, Upper Level
  • Security: Carbon Monoxide Detector(s)
  • Cooling: Zoned
  • Water Source: County Water

Condo/Co-op/Association

  • Association Fee: 350
  • Association Fee Frequency: Quarterly
  • Hoa Subject To Dues: Mandatory
  • Association Name: Community Association Management
  • Phone: 704-731-5560
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly
  • Association Email: cs@camsmgt.com

Schools

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

Lot Info

  • Lot Features: Cul-De-Sac, Wooded
  • Lot Size Area: 0.69
  • Lot Size Units: Acres
  • Parcel Number: 06192786
  • Development Status: Under Construction
  • Lot Size Acres: 0.69
  • Lot Size: Per Plat
  • Lot Size Sq Ft: 30056
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RES

Green Features

  • Green Verification Count: 2

Building Info

  • Builder Name: LENNAR

MLS Schools

  • Elementary School: Sandy Ridge
  • High School: Marvin Ridge

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2019
Closed on
Jul 31, 2019
Sold by
Calatlantic Group Inc
Bought by
Iafrate Michael Alan and Iafrate Ashley
Seller's Agent
Lauren Landgraf
Lennar Sales Corp
Buyer's Agent
Colleen Eaton
Berkshire Hathaway HomeServices Carolinas Realty
List Price
$516,269
Sold Price
$454,769
Premium/Discount to List
-$61,500
-11.91%
Current Estimated Value
$989,358

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$534,589
Avg. Annual Appreciation
9.37%
Original Mortgage
$341,077
Interest Rate
3.8%
Mortgage Type
New Conventional
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
Iafrate Michael Alan $455,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Iafrate Michael Alan $378,400
Closed Iafrate Michael Alan $341,077
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2019 07/31/19 Sold $454,769 0.0% $114 / Sq Ft
04/27/2019 04/27/19 Pending -- -- --
04/26/2019 04/26/19 Price Changed $454,769 -8.1% $114 / Sq Ft
04/06/2019 04/06/19 Price Changed $494,999 -1.0% $124 / Sq Ft
03/20/2019 03/20/19 Price Changed $499,999 -3.2% $125 / Sq Ft
01/24/2019 01/24/19 For Sale $516,269 -- $129 / 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 $4,937 $481,500 $94,700 $386,800
2023 $4,785 $471,500 $94,700 $376,800
2022 $4,785 $471,500 $94,700 $376,800
2021 $4,778 $471,500 $94,700 $376,800
2020 $3,487 $110,000 $110,000 $0
2019 $198 $110,000 $110,000 $0
2018 $133 $110,000 $110,000 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2019

    Lauren Landgraf

    Lennar Sales Corp

    (704) 575-8708

    180 Total Sales

    Lauren Landgraf
    Section Image
  • Colleen Eaton

    Buyer's Agent in 2019

    Colleen Eaton

    Berkshire Hathaway HomeServices Carolinas Realty

    (704) 302-3236

    54 Total Sales

    Colleen Eaton
    Section Image
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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3468290

Canopy MLS (Canopy Realtor® Association)

APN: 06-192-786

North Carolina Union County Waxhaw 28173

5140 Oak Grove Place Unit 13, Waxhaw, NC

This home is located at 5140 Oak Grove Place Unit 13, Waxhaw, NC 28173 since 24 January 2019 and is currently estimated at $989,358, approximately $247 per square foot. This property was built in 2019. 5140 Oak Grove Place Unit 13 is a home located in Union County with nearby schools including Sandy Ridge Elementary School, Marvin Ridge Middle School, and Marvin Ridge High School.

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