NOT LISTED FOR SALE

7007 Fallondale Rd Waxhaw, NC 28173

Estimated Value: $812,735 - $881,000

6 Beds
4 Baths
3,831 Sq Ft
$220/Sq Ft Est. Value

Last Sold December 17, 2021

Last sale price $650,111 $170 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $4,902/month

17 Days on Market

Highlights

  • Fireplace
  • Attached Garage
  • Carpet
  • Kensington Elementary School Rated A

About This Home

As of December 2021

Built in 2016, this Waxhaw two-story home offers granite countertops.

Last Agent to Sell the Property

Verria Hairston

Opendoor Brokerage LLC License #309654 Listed on: 10/29/2021

Last Buyer's Agent

Mohan Daggubati

NorthGroup Real Estate LLC License #297292

NorthGroup Real Estate LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2016

Lot Details

  • 0.28

HOA Fees

  • $68 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Slab Foundation

Interior Spaces

  • 4 Full Bathrooms
  • 2-Story Property
  • Fireplace
  • Carpet

Schools

  • Kensington Elementary School
  • Cuthbertson Middle School
  • Cuthbertson High School

Community Details

  • Hawthrone Management Company Association, Phone Number (704) 377-0114

Listing and Financial Details

  • Assessor Parcel Number 06-165-411

Home Details

Home Type

Single Family

Year Built

Built in 2016

Lot Details

0

HOA Fees

$68 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.99254
  • Ratio Close Price By Original Li: 0.99254
  • Ratio Current Price By Acre: 2321825.00
  • Ratio Current Price By Sq Ft: 169.70
  • Year Built: 2016
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 1875
  • Full Bathrooms: 4
  • Total Bathrooms: 4.00
  • Total Bedrooms: 6
  • Equipment: Ceiling Fan(s), Cooktop Gas, Microwave
  • Fireplace Description: Natural Gas
  • Fireplace: Yes
  • Flooring: Carpet
  • H O A Management Phone: 7043770114
  • Laundry Location: Laundry Room
  • Room Count: 2
  • Main Level Sq Ft: 1956
  • Total Sq Ft: 3831

Exterior Features

  • Construction Type: Site Built

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Garage - 2 Car
  • Sq Ft Garage: 643

Utilities

  • Heating: Gas Hot Air Furnace
  • Sewer: Public Sewer
  • Water: County Water

Condo/Co-op/Association

  • Association Fee: 810.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Hawthrone Management Company
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Kensington
  • Middle School: Cuthbertson
  • High School: Cuthbertson
  • Middle Or Junior School: Cuthbertson

Lot Info

  • Lot Size Area: 0.280
  • Parcel Number: 06-165-411
  • Zoning Specification: AL5

Tax Info

  • Tax Value: 492700.00
  • Tax Location: Waxhaw

MLS Schools

  • Elementary School: Kensington
  • High School: Cuthbertson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2021
Closed on
Dec 15, 2021
Sold by
Opendoor Property Trust I
Bought by
Mothukuru Venkateswara Rao and Mothukuru Durga Devaki
Seller's Agent
Verria Hairston
Opendoor Brokerage LLC
Buyer's Agent
Mohan Daggubati
NorthGroup Real Estate LLC
List Price
$655,000
Sold Price
$650,111
Premium/Discount to List
-$4,889
-0.75%
Current Estimated Value
$841,434

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$191,323
Avg. Annual Appreciation
6.91%
Original Mortgage
$548,000
Outstanding Balance
$503,881
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$337,553

Purchase Details

Closed on
Oct 4, 2021
Sold by
Hyman Shannon G and Hyman Joseph Allen
Bought by
Opendoor Property Trust I

Purchase Details

Closed on
Jul 18, 2019
Sold by
Knock Homes A Llc
Bought by
Hyman Joseph Allen and Hyman Shannon G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,825
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 10, 2019
Closed on
May 16, 2019
Sold by
Hurley Janine C
Bought by
Knock Homes A Llc
Seller's Agent
Aly Carlson
Keller Williams Ballantyne Area
Buyer's Agent
Dustin Davis
Gonzalez Realty
List Price
$479,000
Sold Price
$465,000
Premium/Discount to List
-$14,000
-2.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.63%
Original Mortgage
$372,000
Interest Rate
4%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 16, 2016
Sold by
Pulte Home Corp
Bought by
Hurley Janine C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,859
Interest Rate
3.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 21, 2015
Sold by
Wsld Millbridge Vi Llc
Bought by
Pulte Home Corporation
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
Mothukuru Venkateswara Rao $650,500 Chicago Title Insurance Co
Opendoor Property Trust I $631,000 Chicago Title Insurance Co
Opendoor Property Trust $631,000 Chicago Title
Hyman Joseph Allen $485,500 Entitle Insurance Company
Knock Homes A Llc $465,000 None Available
Hurley Janine C $466,500 None Available
Pulte Home Corporation $2,750,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mothukuru Venkateswara Rao $548,000
Previous Owner Hyman Joseph Allen $460,825
Previous Owner Knock Homes A Llc $372,000
Previous Owner Hurley Janine C $372,859
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/17/2021 12/17/21 Sold $650,111 -0.7% $170 / Sq Ft
11/15/2021 11/15/21 Pending -- -- --
10/29/2021 10/29/21 For Sale $655,000 +40.9% $171 / Sq Ft
05/16/2019 05/16/19 Sold $465,000 -0.9% $121 / Sq Ft View Prior Sale
03/12/2019 03/12/19 Pending -- -- --
03/08/2019 03/08/19 Price Changed $469,000 -2.1% $122 / Sq Ft
01/10/2019 01/10/19 For Sale $479,000 -- $125 / 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 $5,052 $492,700 $93,000 $399,700
2023 $5,000 $492,700 $93,000 $399,700
2022 $5,000 $492,700 $93,000 $399,700
2021 $4,993 $492,700 $93,000 $399,700
2020 $2,827 $360,800 $60,000 $300,800
2019 $4,223 $360,800 $60,000 $300,800
2018 $2,834 $360,800 $60,000 $300,800
2017 $4,266 $360,800 $60,000 $300,800
2016 $697 $60,000 $60,000 $0
2015 -- $60,000 $60,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3801140

Canopy MLS (Canopy Realtor® Association)

APN: 06-165-411