NOT LISTED FOR SALE

5820 Lakeway Trail S Waxhaw, NC 28173

Estimated Value: $544,000 - $690,000

3 Beds
2 Baths
2,571 Sq Ft
$240/Sq Ft Est. Value

Last Sold October 26, 2018

Last sale price $286,000 $111 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $3,580/month

35 Days on Market

Highlights

  • Equestrian Center
  • Community Lake
  • Vaulted Ceiling
  • Cape Cod Architecture
  • Wooded Lot
  • Wood Flooring

About This Home

As of October 2018

NO RISK - BACK UP CONTRACT ACCEPTED - DUE TO LOTS OF INTEREST, BACK UP CONTRACT WILL BE ACCEPTED WITH NO DD AND WILL GO LIVE FIRST IF CURRENT CONTRACTS TERMINATES, THEN DD AND EMD WILL BE REQUIRED-

VERY GUEST WILL ASK WHERE YOU FOUND THIS MOUNTAIN PROPERTY. WALK IN DISTANCE TO CANE CREEK PARK 1100 AC WALKING BIKE,HIKING, HORSE, CAMPING, LAKE SWIMMING. THIS HOME OVERLOOKS THE ORIGINAL CANE CREEK FROM THE FRONT PORCH WITH TREE TOP VIEWS. 2 MASTERS, ONE EACH LEVEL. 2ND LEVEL 2ND ENTIRE FLOOR IS MASTER SUITE, WITH HUGE WALK IN CLOSET AND HUGE BATH. MID LEVEL HAS BONUS/ BEDROOM OR WORK OUT ROOM OR OFFICE NEW KITCHEN GRANITE, MAPLE STAINED WOOD CABINETS, ARCHED WALK THRU LOTS OF CROWN MOLDING . CURVED WINDOW BREAKFAST ROOM. POSSIBILITY OF HORSE BOARDING ON ADJACENT WALK TO FARM NEXT TO PROPERTY.

Last Agent to Sell the Property

Patti Maechler

Prestige Properties of the Carolinas, LLC License #206952 Listed on: 08/18/2018

Last Buyer's Agent

Tracee Ward

Holden Realty License #293651

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2003

Lot Details

  • Home fronts a stream
  • Wooded Lot
  • Many Trees

Home Design

  • Cape Cod Architecture
  • Vinyl Siding

Interior Spaces

  • 1.5-Story Property
  • Tray Ceiling
  • Vaulted Ceiling
  • Gas Log Fireplace
  • Insulated Windows
  • Crawl Space
  • Breakfast Bar

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • 2 Full Bathrooms
  • Garden Bath

Parking

  • Attached Garage
  • Gravel Driveway

Additional Features

  • Fire Pit
  • Equestrian Center
  • Well

Listing and Financial Details

  • Assessor Parcel Number 05-051-006-F

Community Details

Overview

  • Community Lake
  • Near a National Forest

Recreation

  • Recreation Facilities
  • Community Playground
  • Dog Park
  • Trails

Home Details

Home Type

Single Family

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1.5 Story
  • Architectural Style: Cape Cod
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 0.98621
  • Ratio Current Price By Acre: 120168.07
  • Ratio Current Price By Sq Ft: 111.24
  • Year Built: 2003
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space, g-Sealed Crawl Space
  • Upper Level Sq Ft: 1297
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Doors and Windows: Insulated Windows
  • Equipment: Ceiling Fan(s), Cable Prewire, Dishwasher, Electric Dryer Hookup, Electric Range, Electric Oven
  • Fireplace Description: Gas Logs, Living Room
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Attic Other, Breakfast Bar, Garden Tub, Tray Ceiling, Vaulted Ceiling, Walk-In Closet(s)
  • Laundry Location: Main, Closet
  • Room Count: 2
  • Main Level Sq Ft: 1274
  • Total Sq Ft: 2571

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard, Fire pit

Garage/Parking

  • Driveway: Gravel
  • Parking: Attached Garage, Keypad Entry, Parking Space - 3, Side Load Garage

Utilities

  • Heating: Central Air, Heat Pump - AC, Heat Pump - Heat
  • Sewer: Septic Tank
  • Water: Community Well, Well
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Dog Park, Equestrian Facilities, Lake, Playground, Recreation Area, Walking Trails

Lot Info

  • Lot Dimension: see gis
  • Lot Features: Mountain View, Waterfront, Adjoins Nat/State Forest, Flood Fringe Area, Lake Access, Lake, Stream/Creek, Trees, Views, Wooded
  • Parcel Number: 05-051-006-F
  • Zoning Specification: r 40

Tax Info

  • Tax Value: 210900.00
  • Tax Location: Union

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2018
Closed on
Oct 25, 2018
Sold by
Maechler Patricia E
Bought by
Cangeleri Chris and Cangeleri Adele
Seller's Agent
Patti Maechler
Prestige Properties of the Carolinas, LLC
Buyer's Agent
Tracee Ward
Holden Realty
List Price
$290,000
Sold Price
$286,000
Premium/Discount to List
-$4,000
-1.38%
Current Estimated Value
$626,941

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$340,941
Avg. Annual Appreciation
11.32%

Purchase Details

Closed on
Apr 16, 2014
Sold by
Maechler Thomas J
Bought by
Maechler Patricia E

Purchase Details

Closed on
Jun 2, 2006
Sold by
Crook Jason and Crook April
Bought by
Maechler Thomas J and Maechler Patricia E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
6.44%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 23, 2002
Sold by
Mcclain Shawn Timothy and Phillips Tina M
Bought by
Crook Jason and Crook April

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,000
Interest Rate
6.21%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cangeleri Chris $286,000 Morehead Title
Maechler Patricia E -- None Available
Maechler Thomas J $245,000 Chicago Title Insurance Co
Crook Jason $33,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Maechler Thomas J $196,000
Previous Owner Crook Jason $31,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/26/2018 10/26/18 Sold $286,000 0.0% $111 / Sq Ft
09/22/2018 09/22/18 Pending -- -- --
09/03/2018 09/03/18 Price Changed $286,000 -1.4% $111 / Sq Ft
08/18/2018 08/18/18 For Sale $290,000 -- $113 / 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
2025 $3,435 $717,500 $0 $0
2024 $3,084 $483,200 $33,700 $449,500
2023 $3,034 $483,200 $33,700 $449,500
2022 $2,237 $356,200 $33,700 $322,500
2021 $2,197 $356,200 $33,700 $322,500
2020 $1,627 $210,910 $24,710 $186,200
2019 $1,641 $210,910 $24,710 $186,200
2018 $1,641 $210,910 $24,710 $186,200
2017 $1,747 $210,900 $24,700 $186,200
2016 $1,678 $210,910 $24,710 $186,200
2015 $1,701 $210,910 $24,710 $186,200
2014 $1,594 $230,320 $40,710 $189,610
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3425963

Canopy MLS (Canopy Realtor® Association)

APN: 05-051-006-F