NOT LISTED FOR SALE

707 N Providence St Waxhaw, NC 28173

Estimated Value: $328,000 - $433,000

0.37 Acre
$1,023,468 Price per Acre
16,117 Sq Ft Lot

Last Sold May 25, 2022

Last sale price $350,000 $318 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,158/month

41 Days on Market

About This Lot

As of May 2022

Flat lot at north end of Waxhaw's Downtown District is zoned Neighborhood Center. Permitted uses include: Commercial Development to 10,000SF; Medical/Dental Office & Clinic; ABC Store; Brewery, Distillery, Winery, Taproom & Tasting Room; Smoke & Tobacco Shop; C-Store; Indoor Gaming (Arcade/Billiards); Restaurant & Food Trucks; Dry Cleaner; Banking & Financial Services; General, Professional or Contractor's Office; Nursing Home/Assisted Living (7+beds); Child & Adult Daycare; Quadruplex/Triplex/Duplex (to 8 DU/AC); Live/Work Units; Mixed use with upperstory Multifamily; Pet Store/Grooming; and, Studio for Dance/Fitness, Art, Photography, Music, and Sculpting. Buyer to verify intended use with Waxhaw Town Planning. Lot is improved with Existing ~79x26 brick building which can be used as a residence or converted to different permitted use. Connected to Water, Sewer & Power at street. Just 30 min to Uptown Charotte.

Last Agent to Sell the Property

Daniel Fisher

Fisher Herman Realty LLC License #228185 Listed on: 04/14/2022

Co-Listed By

Rebecca Fisher

Fisher Herman Realty LLC License #288375

Last Buyer's Agent

Shana Neeley

Berkshire Hathaway HomeServices Carolinas Realty License #211586

Berkshire Hathaway HomeServices Carolinas Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,058

Lot Details

  • Infill Lot
  • Corner Lot
  • Paved or Partially Paved Lot
  • Level Lot
  • Cleared Lot
  • Possible uses of the property include Commercial, Multi-Family, Other
  • Property is zoned NC, NCenter

Schools

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

Additional Features

  • Crawl Space
  • Cable TV Available

Community Details

  • Massey Subdivision

Listing and Financial Details

  • Assessor Parcel Number 05-113-041

Property Details

Property Type

Land

Est. Annual Taxes

$2,058

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Lots/Acres/Farms
  • Habitable Residence Yn: Yes
  • Ratio Current Price By Acre: 897435.90
  • Restrictions: No Representation
  • Restrictions Description: Neighborhood Center Zoning
  • Road Frontage Type: Paved Road
  • Road Surface Type: Paved
  • Structure Type: Lot
  • ResoPropertyType: Land
  • Special Features: None

Interior Features

  • Foundation Details: Brick/Mortar, Crawl Space
  • Fixture Exception Yn: 0
  • Possible Use: Commercial, Multi-Family, Other

Exterior Features

  • Tax Location: Waxhaw
  • Construction Type: Site Built

Utilities

  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Telephone On-Site
  • Water Source: Public

Schools

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

Lot Info

  • Lot Features: Cleared, Corner Lot, Infill Lot, Level, Paved
  • Lot Size Units: Acres
  • Parcel Number: 05-113-041
  • Out Buildings Yn: 0
  • Can Be Subdivided: 1
  • Cleared Acres: 0.39
  • Lot Size: ~135.5x130.6x125.7x130.1
  • Zoning Description: NCenter

Tax Info

  • RATIO List Price By Tax Amount: 1.69407

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Waxhaw
  • High School: Parkwood

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2022
Closed on
May 24, 2022
Sold by
Willy Bellevue Jean and Willy Mirlene
Bought by
Hansen Patti Ann
Seller's Agent
Daniel Fisher
Fisher Herman Realty LLC
Buyer's Agent
Shana Neeley
Berkshire Hathaway HomeServices Carolinas Realty
List Price
$340,000
Sold Price
$350,000
Premium/Discount to List
$10,000
2.94%
Current Estimated Value
$378,683

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,683
Avg. Annual Appreciation
2.32%
Original Mortgage
$315,000
Outstanding Balance
$299,243
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$79,440

Purchase Details

Listed on
Apr 7, 2021
Closed on
Jun 15, 2021
Sold by
Haieler Arolvn A
Bought by
Bellevue Jean Willy and Bellevue Mirlene
Seller's Agent
Michael Brown
Cole Real Estate Advisors
Buyer's Agent
Daniel Fisher
Fisher Herman Realty LLC
List Price
$285,000
Sold Price
$240,000
Premium/Discount to List
-$45,000
-15.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
50.03%
Original Mortgage
$228,000
Interest Rate
2.9%
Mortgage Type
New Conventional
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
Hansen Patti Ann $350,000 Austin Title
Bellevue Jean Willy $240,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hansen Patti Ann $315,000
Previous Owner Bellevue Jean Willy $228,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/25/2022 05/25/22 Sold $350,000 +2.9% $318 / Sq Ft
04/14/2022 04/14/22 For Sale $340,000 +41.7% $309 / Sq Ft
06/18/2021 06/18/21 Sold $240,000 -15.8% $218 / Sq Ft View Prior Sale
05/03/2021 05/03/21 Pending -- -- --
04/07/2021 04/07/21 For Sale $285,000 -- $259 / 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 $2,058 $200,700 $50,300 $150,400
2023 $2,037 $200,700 $50,300 $150,400
2022 $2,037 $200,700 $50,300 $150,400
2021 $1,017 $200,700 $50,300 $150,400
2020 $259 $134,310 $21,110 $113,200
2019 $786 $134,310 $21,110 $113,200
2018 $0 $134,310 $21,110 $113,200
2017 $794 $134,300 $21,100 $113,200
2016 $539 $134,310 $21,110 $113,200
2015 $547 $134,310 $21,110 $113,200
2014 $371 $105,590 $41,180 $64,410
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3847244

Canopy MLS (Canopy Realtor® Association)

APN: 05-113-041