NOT LISTED FOR SALE

622 Mystic Way Ln Waxhaw, NC 28173

Estimated Value: $258,000 - $321,070

2.54 Acres
$110,245 Price per Acre
110,642 Sq Ft Lot

Last Sold April 26, 2024

Last sale price $240,000

Est. 17% increase in value since last sale

Current estimated payment $1,512/month

18 Days on Market

Highlights

  • Private Lot
  • Wooded Lot
  • Cul-De-Sac
  • Waxhaw Elementary School Rated A-

About This Lot

As of April 2024

Nestled in the secluded Rock Spring subdivision near the historic town of Waxhaw, this captivating 2.5-acre wooded lot presents a unique opportunity to create your dream home in a tranquil & private setting. Positioned at the far end of a private cul-de-sac road, the property enhances the feeling of seclusion & privacy. While the current road surface is gravel, the developer has secured a road bond with NCDOT for the future construction of a 20-foot-wide paved road. Choose your own custom builder to assist in designing & constructing your residence, with no timeframe for completion. Site is level and can accommodate a slab or crawl space. Minimal restrictions and a private road maintenance agreement have been documented to preserve property values. Rock Spring offers convenient access to local shopping & dining, close to the historic district, renowned for its local boutiques and eateries, and welcoming community events that capture the true essence of small-town Southern living.

Last Agent to Sell the Property

Lisa Giovanniello

Farms & Estates Realty Inc Brokerage Email: lisag2269@gmail.com License #200210 Listed on: 02/19/2024

Last Buyer's Agent

Audrey Fulp

Stephen Cooley Real Estate License #107924

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $264

Lot Details

  • Property fronts a private road
  • Cul-De-Sac
  • Private Lot
  • Level Lot
  • Wooded Lot
  • Possible uses of the property include Private Estate, Residential
  • Property is zoned RA-40

Outdoor Features

  • Outbuilding

Schools

  • Waxhaw Elementary School
  • Parkwood Middle School
  • Parkwood High School

Utilities

  • Propane
  • Well Required
  • Septic Needed
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 05-147-067

Property Details

Property Type

Land

Est. Annual Taxes

$264

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Lot
  • Habitable Residence Yn: No
  • Restrictions: Building,Manufactured Home Not Allowed,Modular Not Allowed,Square Feet
  • Road Frontage Type: Private Road
  • Road Surface Type: Gravel, Other
  • ResoPropertyType: Land
  • Geocode Confidence: High
  • Attribution Contact: lisag2269@gmail.com
  • Special Features: None

Interior Features

  • Possible Use: Private Estate, Residential

Exterior Features

  • Other Structures: Outbuilding
  • Foundation Details Proposed: Crawl Space,Slab

Garage/Parking

  • Carport Y N: No
  • Open Parking: No

Utilities

  • Sewer: Septic Needed
  • Utilities: Cable Available, Propane
  • Water Source: Well Needed

Condo/Co-op/Association

  • Community Features: None
  • Hoa Subject To Dues: No
  • Senior Community: No

Schools

  • Middle Or Junior School: Parkwood
  • HOA Subject To: None

Lot Info

  • Lot Features: Cul-De-Sac, Level, Private, Wooded
  • Lot Size Area: 2.54
  • Lot Size Units: Acres
  • Parcel Number: 05-147-067
  • Zoning: RA-40
  • Can Be Subdivided: 0
  • Horse Amenities: None
  • Lot Size: Rectangle with flag pole
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RA-40

MLS Schools

  • Elementary School: Waxhaw
  • High School: Parkwood

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2024
Closed on
Apr 25, 2024
Sold by
Webb Julie Marie
Bought by
Mehta Jigar and Sondhi Sonam
Seller's Agent
Lisa Giovanniello
Farms & Estates Realty Inc
Buyer's Agent
Audrey Fulp
Stephen Cooley Real Estate
List Price
$245,000
Sold Price
$240,000
Premium/Discount to List
-$5,000
-2.04%
Views
28
Current Estimated Value
$280,023

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,023
Avg. Annual Appreciation
11.22%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Mehta Jigar $240,000 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/26/2024 04/26/24 Sold $240,000 -2.0% --
02/19/2024 02/19/24 For Sale $245,000 -- --
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 $264 $41,300 $41,300 $0
2023 $260 $41,300 $41,300 $0
2022 $260 $41,300 $41,300 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4110808

Canopy MLS (Canopy Realtor® Association)

APN: 05-147-067