NOT LISTED FOR SALE

704 Palmerston Ln Waxhaw, NC 28173

Estimated Value: $770,000 - $804,873

6 Beds
4 Baths
4,124 Sq Ft
$191/Sq Ft Est. Value

Last Sold April 29, 2019

Last sale price $387,000 $94 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $4,544/month

40 Days on Market

Highlights

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

About This Home

As of April 2019

This is a Fabulous Home!!! Stunning Stacked Stone & Shake exterior with Charming Front Porch! Great lot in cul-de-sac. Fully fenced, private back yard, and oversized custom patio with Hot Tub! 5 Bedrooms & 4 full baths! Large Bonus Room could be 6th bedroom. Main floor guest room with full bath! Large Kitchen w/granite counters & island, subway tile backsplash, stainless appliances. Huge walk-in pantry. Kitchen opens to Large Great Room with Fireplace. Real Oak Hardwood floors (not pre-finished) on entire main floor, stairs and in 2nd floor hallway. Huge laundry room w/sink, counters and cabinets. Master bedroom suite with Huge walk-in closet! Master Bathroom w/his n hers sinks, separate tub/shower. All bedrooms have large closets, 2 are large walk-in closets. 2 Secondary Bathrooms on 2nd floor! Fresh paint throughout! Neutral! Huge side load 3 car garage.

Last Agent to Sell the Property

Lori McGowan

Allen Tate Charlotte South License #19453 Listed on: 02/14/2019

Allen Tate Charlotte South

Co-Listed By

Chris McGowan

Allen Tate Charlotte South License #96372

Last Buyer's Agent

SheAh Zhu

Keller Williams Ballantyne Area License #276749

Keller Williams Ballantyne Area

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2005

Lot Details

  • Private Lot
  • Level Lot
  • Many Trees

HOA Fees

  • $46 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Transitional Architecture
  • Slab Foundation
  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • Open Floorplan
  • Gas Log Fireplace
  • Insulated Windows
  • Pull Down Stairs to Attic
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • 4 Full Bathrooms

Pool

  • Spa

Listing and Financial Details

  • Assessor Parcel Number 06-048-239

Community Details

Overview

  • Kuester Association, Phone Number (704) 973-9019

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

3

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Architectural Style: Transitional
  • Ratio Close Price By List Price: 0.96992
  • Ratio Close Price By Original Li: 0.90000
  • Ratio Current Price By Acre: 900000.00
  • Ratio Current Price By Sq Ft: 93.84
  • Year Built: 2005
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 2347
  • Full Bathrooms: 4
  • Total Bathrooms: 4.00
  • Total Bedrooms: 6
  • Doors and Windows: Insulated Windows
  • Equipment: Cable Prewire, Ceiling Fan(s), Cooktop Electric, Dishwasher, Disposal, Double Oven, Electric Dryer Hookup, Ice Maker Connection, Microwave, Self Cleaning Oven, Wall Oven
  • Fireplace Description: Gas Logs, Great Room
  • Fireplace: Yes
  • Fixture Exception Description: TV in great room does not stay. TV bracket will stay.
  • Fixture Exception Yn: Yes
  • Flooring: Carpet, Tile, Wood
  • H O A Management Phone: 704-973-9019
  • Interior Amenities: Attic Stairs Pulldown, Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s), Walk-In Pantry
  • Laundry Location: Main, Laundry Room
  • Room Count: 2
  • Main Level Sq Ft: 1777
  • Total Sq Ft: 4124
  • Sq Ft Unheated Main: 709
  • Sq Ft Unheated Total: 709

Exterior Features

  • Construction: Cedar Shake, Stone, Vinyl
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard, Hot Tub

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Garage - 3 Car, Garage Door Opener, Keypad Entry, Side Load Garage

Utilities

  • Heating: Central Air, Gas Hot Air Furnace, Multizone A/C, MultiZone Heat
  • Sewer: City Sewer
  • Water: City 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: Cul-de-sac Lot, Level, Private, Trees
  • Lot Size Area: 0.430
  • Parcel Number: 06-048-239
  • Plat Reference Section Pages: 830
  • Zoning Specification: RES

Tax Info

  • Tax Value: 367000.00
  • Tax Location: Waxhaw

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2019
Closed on
Apr 25, 2019
Sold by
Morrow Matthew Mark and Morrow Barbara Louise
Bought by
Hou Xiao Li and Zhao Bing
Seller's Agent
Lori McGowan
Allen Tate Charlotte South
Buyer's Agent
SheAh Zhu
Keller Williams Ballantyne Area
List Price
$430,000
Sold Price
$387,000
Premium/Discount to List
-$43,000
-10%
Current Estimated Value
$787,718

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$400,718
Avg. Annual Appreciation
11.20%
Original Mortgage
$290,250
Outstanding Balance
$200,350
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$561,522

Purchase Details

Closed on
Jun 23, 2005
Sold by
Centex Homes
Bought by
Morrow Matthew Mark and Morrow Barbara Louise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,129
Interest Rate
5.7%
Mortgage Type
Fannie Mae Freddie Mac
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
Hou Xiao Li $387,000 None Available
Morrow Matthew Mark $380,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hou Xiao Li $290,250
Previous Owner Morrow Matthew Mark $299,000
Previous Owner Morrow Matthew Mark $279,332
Previous Owner Morrow Matthew Mark $304,129
Closed Morrow Matthew Mark $38,016
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2019 04/29/19 Sold $387,000 -3.0% $94 / Sq Ft
03/26/2019 03/26/19 Pending -- -- --
03/12/2019 03/12/19 Price Changed $399,000 -5.0% $97 / Sq Ft
02/25/2019 02/25/19 Price Changed $420,000 -2.3% $102 / Sq Ft
02/14/2019 02/14/19 For Sale $430,000 -- $104 / 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 $2,873 $457,700 $75,300 $382,400
2023 $2,863 $457,700 $75,300 $382,400
2022 $2,863 $457,700 $75,300 $382,400
2021 $2,857 $457,700 $75,300 $382,400
2020 $2,826 $366,950 $57,850 $309,100
2019 $2,812 $366,950 $57,850 $309,100
2018 $2,812 $366,950 $57,850 $309,100
2017 $2,974 $367,000 $57,900 $309,100
2016 $2,921 $366,950 $57,850 $309,100
2015 $2,953 $366,950 $57,850 $309,100
2014 $2,604 $378,980 $68,560 $310,420
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3473770

Canopy MLS (Canopy Realtor® Association)

APN: 06-048-239