NOT LISTED FOR SALE

703 Palmerston Ln Waxhaw, NC 28173

Estimated Value: $777,000 - $898,000

6 Beds
3.5 Baths
5,131 Sq Ft
$167/Sq Ft Est. Value

Last Sold November 29, 2018

Last sale price $449,600 $88 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $4,943/month

6 Days on Market

Highlights

  • Open Floorplan
  • Clubhouse
  • Transitional Architecture
  • Wesley Chapel Elementary School Rated A
  • Private Lot
  • Wood Flooring

About This Home

As of November 2018

Staycation retreat in Weddington district. Huge Walk-Out Finished BASEMENT w/Kitchen, BEDROOM & full BATH - perfect for visitors & movie nights or as a secondary living space—there's even a READING NOOK tucked beneath the stairs. Dine & entertain guests on the huge 12'x26' DECK overlooking level yard perfect for a pool or lazy afternoons swinging in HAMMOCKS w/park like views of FENCED backyard, TERRACED garden, FIRE PIT area, trampoline/playground area. Front/Rear IRRIGATION. Lawn equipment conveniently stored in GARDEN SHED in the back of house. Abundant parking or play a pickup game of basketball on driveway. 10' ceilings on main, large ISLAND in kitchen w/GRANITE & plenty of cabinets, WALK IN pantry. FRENCH slider in breakfast area opens to deck. FLEX room could be used as a large mud room or small office. Upstairs 9' ceilings - 3 generous sized secondary bdrms & large bonus/6th bedroom. Spacious Master w/tray ceiling & walk-in closet w/wood ORGANIZER. MUST SEE. Owner/Broker.

Last Agent to Sell the Property

Julie Dailly

NorthGroup Real Estate LLC License #297293 Listed on: 08/24/2018

NorthGroup Real Estate LLC

Last Buyer's Agent

Debra Price

Debra Lynn Price License #138826

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2005

Lot Details

  • Home fronts a stream
  • Private Lot
  • Corner Lot
  • Level Lot
  • Irrigation
  • Many Trees

HOA Fees

  • $46 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Transitional Architecture
  • Vinyl Siding

Interior Spaces

  • Open Floorplan
  • Gas Log Fireplace
  • Insulated Windows
  • Pull Down Stairs to Attic
  • Storm Doors

Flooring

  • Wood
  • Tile

Outdoor Features

  • Fire Pit

Listing and Financial Details

  • Assessor Parcel Number 06-048-247

Community Details

Overview

  • Kuester Association
  • Built by Centex

Amenities

  • Clubhouse

Recreation

  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Year Built

Built in 2005

Lot Details

0

HOA Fees

$46 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story/Basement
  • Architectural Style: Transitional
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.95682
  • Ratio Close Price By Original Li: 0.95682
  • Ratio Current Price By Acre: 552334.15
  • Ratio Current Price By Sq Ft: 87.62
  • Year Built: 2005
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement Fully Finished
  • Upper Level Sq Ft: 2161
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Total Bedrooms: 6
  • Doors and Windows: Insulated Windows, Storm Door(s)
  • Equipment: Ceiling Fan(s), CO Detector, Convection Oven, Cooktop Gas, Dishwasher, Disposal, Double Oven, Dryer, Exhaust Fan, Ice Maker Connection, Microwave, Self Cleaning Oven, Wall Oven, Washer
  • Fireplace Description: Gas Logs, Great Room
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Attic Stairs Pulldown, Open Floorplan, Pantry
  • Laundry Location: Upper, Laundry Room
  • Room Count: 3
  • Sq Ft Additional: 426
  • Sq Ft Basement: 1323
  • Main Level Sq Ft: 1647
  • Total Sq Ft: 5131
  • Sq Ft Unheated Basement: 333
  • Sq Ft Unheated Main: 685
  • Sq Ft Unheated Total: 1018

Exterior Features

  • Construction: Brick Partial, Vinyl
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard, In-Ground Irrigation, Fire pit

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Driveway, Garage - 2 Car, Keypad Entry, Side Load Garage

Utilities

  • Heating: Central Air, Gas Hot Air Furnace, Heat Pump - Heat, Multizone A/C, MultiZone Heat
  • Sewer: County Sewer
  • Water: County Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Community Features: Club House, Playground, Outdoor Pool, Sidewalk, Street Lights
  • Association Fee: 276.00
  • Association Fee Frequency: Semi-Annually
  • HOA Management Company: Kuester
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Wesley Chapel
  • Middle School: Weddington
  • High School: Weddington

Lot Info

  • Lot Features: Corner Lot, Level, Private, Stream/Creek, Trees
  • Lot Size Area: 0.814
  • Parcel Number: 06-048-247
  • Zoning Specification: AM0

Building Info

  • Builder Name: Centex

Tax Info

  • Tax Value: 385900.00
  • Tax Location: Wesley Chapel

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2018
Closed on
Nov 29, 2018
Sold by
Daily Philippe S and Daily Julie E
Bought by
Yelena Takle Joseph F and Yelena Mitsikh
Seller's Agent
Julie Dailly
NorthGroup Real Estate LLC
Buyer's Agent
Debra Price
Debra Lynn Price
List Price
$469,888
Sold Price
$449,600
Premium/Discount to List
-$20,288
-4.32%
Current Estimated Value
$855,774

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$406,174
Avg. Annual Appreciation
9.71%
Original Mortgage
$359,680
Outstanding Balance
$321,154
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$521,831

Purchase Details

Closed on
Jun 24, 2013
Sold by
Reynolds John D and Reynolds Rebecca J
Bought by
Dailly Phillippe S and Dailly Julie E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,400
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 22, 2005
Sold by
Centex Homes
Bought by
Reynolds John D and Reynolds Rebecca J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
5.25%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Yelena Takle Joseph F $450,000 None Available
Dailly Phillippe S $415,000 None Available
Reynolds John D $459,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yelena Takle Joseph F $359,680
Previous Owner Dailly Phillippe S $322,400
Previous Owner Reynolds John D $300,000
Previous Owner Reynolds John D $50,000
Previous Owner Reynolds John D $290,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/29/2018 11/29/18 Sold $449,600 -4.3% $88 / Sq Ft
08/30/2018 08/30/18 Pending -- -- --
08/24/2018 08/24/18 For Sale $469,888 -- $92 / 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 $3,240 $502,900 $79,100 $423,800
2023 $3,211 $502,900 $79,100 $423,800
2022 $3,211 $502,900 $79,100 $423,800
2021 $3,203 $502,900 $79,100 $423,800
2020 $3,035 $385,930 $61,330 $324,600
2019 $3,021 $385,930 $61,330 $324,600
2018 $3,021 $385,930 $61,330 $324,600
2017 $3,191 $385,900 $61,300 $324,600
2016 $3,135 $385,930 $61,330 $324,600
2015 $3,169 $385,930 $61,330 $324,600
2014 $2,926 $415,890 $76,280 $339,610
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3428094

Canopy MLS (Canopy Realtor® Association)

APN: 06-048-247