NOT LISTED FOR SALE

705 Palmerston Ln Waxhaw, NC 28173

Estimated Value: $765,000 - $853,000

5 Beds
4.5 Baths
4,664 Sq Ft
$175/Sq Ft Est. Value

Last Sold March 07, 2019

Last sale price $445,000 $95 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $4,761/month

32 Days on Market

Highlights

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

About This Home

As of March 2019

Light and airy home w/plenty of room for all. BASEMENT w/KITCHEN and separate living space. Located in top rated WEDDINGTON school district, home is on a level .556 acre lot backing to trees. Great Rm features a floor to ceiling STONE FIREPLACE, custom mantle and rustic wood flooring throughout main. Gourmet kitchen with NEW BACKSPLASH, custom glazed antique white cabinets, SS FARM SINK with chefs POT FILLER. Late 2016 Double Wall Oven, Microwave and Cooktop. Large WALK-IN PANTRY, GRANITE countertops throughout home with new cabinets, tile and fixtures in all bathrooms. New slider that opens to freshly stained deck. Tray ceiling in master with HIS and HER closets. Renovated master bath w/tile surround FRAMELESS shower w/pebbled flooring. Generous secondary bedrooms, one has its own ENSUITE. Bonus Rm currently used as nursery. Lots of STORAGE both inside and at rear of home. Desirable home, convenient to shopping and restaurants.

Last Agent to Sell the Property

Julie Dailly

NorthGroup Real Estate LLC License #297293 Listed on: 12/14/2018

NorthGroup Real Estate LLC

Co-Listed By

Janet Teel

NorthGroup Real Estate LLC License #108885

Last Buyer's Agent

Diane Harrelson

ERA Live Moore License #201946

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2005

Lot Details

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

HOA Fees

  • $46 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Transitional Architecture
  • Vinyl Siding

Interior Spaces

  • Open Floorplan
  • Tray Ceiling
  • Fireplace
  • Insulated Windows
  • Storage Room
  • Pull Down Stairs to Attic
  • Storm Doors

Kitchen

  • Breakfast Bar
  • Kitchen Island

Flooring

  • Engineered Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • Garden Bath

Listing and Financial Details

  • Assessor Parcel Number 06-048-248

Community Details

Overview

  • Kuester Management Association, Phone Number (888) 600-5044
  • 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
  • Ratio Close Price By List Price: 0.97826
  • Ratio Close Price By Original Li: 0.96763
  • Ratio Current Price By Acre: 800359.71
  • Ratio Current Price By Sq Ft: 95.41
  • Year Built: 2005
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement Fully Finished
  • Upper Level Sq Ft: 2067
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5.00
  • Total Bedrooms: 5
  • Doors and Windows: Insulated Windows, Storm Door(s)
  • Equipment: Cable Prewire, Ceiling Fan(s), Cooktop Electric, Dishwasher, Disposal, Double Oven, Electric Dryer Hookup, Ice Maker Connection, Microwave, Natural Gas, Wall Oven
  • Fireplace Description: Gas Vented, Great Room
  • Fireplace: Yes
  • Flooring: Carpet, Prefinished Wood, Tile
  • H O A Management Phone: 888-600-5044
  • Interior Amenities: Attic Stairs Pulldown, Breakfast Bar, Garden Tub, Kitchen Island, Open Floorplan, Storage Unit, Tray Ceiling, Walk-In Closet(s), Walk-In Pantry
  • Laundry Location: Upper, Laundry Room
  • Room Count: 3
  • Sq Ft Additional: 319
  • Sq Ft Basement: 1015
  • Main Level Sq Ft: 1582
  • Total Sq Ft: 4664
  • Sq Ft Unheated Basement: 577
  • Sq Ft Unheated Total: 577

Exterior Features

  • Construction: Brick Partial, Vinyl
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard

Garage/Parking

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

Utilities

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

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 Management
  • Hoa Subject To Dues: Mandatory

Schools

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

Lot Info

  • Lot Features: Level, Private, Stream/Creek, Trees
  • Lot Size Area: 0.556
  • Parcel Number: 06-048-248
  • Plat Reference Section Pages: 526
  • Zoning Specification: AM0

Building Info

  • Builder Name: Centex

Tax Info

  • Tax Value: 362000.00
  • Tax Location: Waxhaw

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 14, 2018
Closed on
Mar 7, 2019
Sold by
Johnson Junine K and Ferguson Eric
Bought by
Gregory Raymond John
Seller's Agent
Julie Dailly
NorthGroup Real Estate LLC
Buyer's Agent
Diane Harrelson
ERA Live Moore
List Price
$459,888
Sold Price
$445,000
Premium/Discount to List
-$14,888
-3.24%
Current Estimated Value
$818,509

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$373,509
Avg. Annual Appreciation
9.94%
Original Mortgage
$356,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 31, 2017
Closed on
Mar 20, 2018
Sold by
Decola Hill Travis Shane and Decola Hill Maria
Bought by
Johnson Junine K and Ferguson Eric
Seller's Agent
Kelly Brais
Coldwell Banker Realty
Buyer's Agent
Liz Young
RE/MAX Executive
List Price
$425,000
Sold Price
$400,000
Premium/Discount to List
-$25,000
-5.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.75%
Original Mortgage
$320,000
Interest Rate
4.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 6, 2017
Sold by
Decola Hill Travis Shane and Decola Hill Maria
Bought by
Decola Hill Travis Shane and Decola Hill Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 6, 2016
Sold by
Hill Donald R and Hill Janette
Bought by
Hill Donald R and Hill Janette Gayle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,400
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 29, 2016
Sold by
Parrish Kenneth D
Bought by
Hill Donald R and Hill Janette Gayle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,400
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 25, 2016
Sold by
Parrish Kenneth D and Parrish Kristyn
Bought by
Parrish Kenneth D

Purchase Details

Closed on
Aug 27, 2015
Sold by
Smith Terry W and Smith Michelle L
Bought by
Parrish Kenneth D and Parrish Kristyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$323,400
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 5, 2005
Sold by
Centex Homes
Bought by
Smith Terry W and Smith Michelle L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$334,508
Interest Rate
5.25%
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
Gregory Raymond John $445,000 None Available
Johnson Junine K $400,000 None Available
Decola Hill Travis Shane -- None Available
Hill Donald R -- None Available
Hill Donald R $376,000 None Available
Parrish Kenneth D -- None Available
Parrish Kenneth D $388,000 Attorney
Smith Terry W $418,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Raymond John Gregory $344,000
Closed Raymond John Gregory $344,000
Closed Gregory Raymond John $356,000
Previous Owner Johnson Junine K $320,000
Previous Owner Johnson Junine K $39,900
Previous Owner Decola Hill Travis Shane $300,000
Previous Owner Hill Donald R $300,400
Previous Owner Parrish Kenneth D $323,400
Previous Owner Smith Terry W $141,000
Previous Owner Smith Terry W $334,508
Previous Owner Smith Terry W $83,627
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2019 03/07/19 Sold $445,000 -2.2% $95 / Sq Ft
01/15/2019 01/15/19 Pending -- -- --
01/11/2019 01/11/19 Price Changed $454,888 -1.1% $98 / Sq Ft
12/14/2018 12/14/18 For Sale $459,888 +15.0% $99 / Sq Ft
03/20/2018 03/20/18 Sold $400,000 -5.9% $86 / Sq Ft
02/01/2018 02/01/18 Pending -- -- --
12/31/2017 12/31/17 For Sale $425,000 -- $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 $3,173 $492,500 $76,600 $415,900
2023 $2,903 $454,700 $76,600 $378,100
2022 $2,903 $454,700 $76,600 $378,100
2021 $2,896 $454,700 $76,600 $378,100
2020 $2,834 $362,000 $59,000 $303,000
2019 $2,834 $362,000 $59,000 $303,000
2018 $2,834 $362,000 $59,000 $303,000
2017 $2,993 $362,000 $59,000 $303,000
2016 $2,941 $362,000 $59,000 $303,000
2015 $2,973 $362,000 $59,000 $303,000
2014 $2,693 $382,760 $71,120 $311,640
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3458632

Canopy MLS (Canopy Realtor® Association)

APN: 06-048-248