NOT LISTED FOR SALE

7523 Meadowgate Ln Waxhaw, NC 28173

Estimated Value: $1,323,000 - $1,366,000

5 Beds
4.5 Baths
4,956 Sq Ft
$271/Sq Ft Est. Value

Last Sold August 31, 2023

Last sale price $1,250,000 $252 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $8,021/month

9 Days on Market

About This Home

As of August 2023

Absolutely stunning home and property w a beautiful pool layout plus large separate backyard area in sought after Weddington Chase! Upgraded brick and stone elevation, upgraded interior specs include 10 foot or higher ceilings main level, 9 foot or higher 2nd floor, taller baseboards, extra trim, casings, etc. HWs main level except Primary BR, huge DR, 2 story GR w floor to ceiling stone FP, main level office w french doors, gourmet kitchen w rope tie cabinetry, custom range hood, double ovens plus microwave, island, granite tops and separate breakfast room, keeping room off of kitchen w stone FP, vaulted ceiling and built-ins, oversized primary BR w sitting area, 2 walk-in closets w organizer systems and spacious BA, 4 large BRs up (one is enormous and could be second bonus/media room), plus another media room w custom built-ins! Amazing backyard must be seen and even has a putting green!

Last Agent to Sell the Property

Carl Richmond

Allen Tate Charlotte South Brokerage Email: carl.richmond@allentate.com License #106332 Listed on: 06/29/2023

Allen Tate Charlotte South

Last Buyer's Agent

Chris McGowan

Allen Tate Charlotte South License #96372

Allen Tate Charlotte South

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,594

Year Built

2005

Lot Details

0

HOA Fees

$133 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2005
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Concrete, Paved
  • Unit Levels: Two
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 252.22
  • Geocode Confidence: High
  • Attribution Contact: carl.richmond@allentate.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Built-in Features, Kitchen Island, Open Floorplan, Vaulted Ceiling(s), Walk-In Closet(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 2865
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 2091
  • Appliances: Dishwasher, Disposal, Double Oven, Gas Water Heater, Microwave
  • Above Grade Finished Sq Ft: 4956
  • Basement YN: No
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Great Room
  • Living Area: 4956
  • Bedroom Main: 1
  • Room Count: 18

Exterior Features

  • Exterior Features: Fire Pit, In Ground Pool, Other - See Remarks
  • New Construction: No
  • Construction Type: Site Built
  • Construction Type: Brick Full, Stone
  • Patio And Porch Features: Deck

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 632
  • Carport Y N: No
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway, Attached Garage, Garage Faces Side

Utilities

  • Heating: Forced Air, Natural Gas
  • Sewer: Public Sewer
  • Laundry Features: Laundry Room, Main Level
  • Cooling: Central Air
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Clubhouse, Outdoor Pool, Playground, Recreation Area, Street Lights, Tennis Court(s), Walking Trails
  • Association Fee: 1598.2
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: Greenway Realty Management
  • Phone: 704-940-0847
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • Association Annual Expense: 1598.20

Schools

  • Middle Or Junior School: Marvin Ridge
  • HOA Subject To: Required

Lot Info

  • Lot Features: Cul-De-Sac
  • Lot Size Area: 0.77
  • Lot Size Units: Acres
  • Parcel Number: 06-156-323
  • Zoning: AP0
  • Development Status: Completed
  • ResoLotSizeUnits: Acres
  • Zoning Specification: AP0

Building Info

  • Builder Name: John Wieland

MLS Schools

  • Elementary School: Rea View
  • High School: Marvin Ridge

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2023
Closed on
Aug 31, 2023
Sold by
Kummerer Robert L and Kummerer Karen
Bought by
Efken Jonathan E and Efken Kathleen A
Seller's Agent
Carl Richmond
Allen Tate Charlotte South
Buyer's Agent
Chris McGowan
Allen Tate Charlotte South
List Price
$1,100,000
Sold Price
$1,250,000
Premium/Discount to List
$150,000
13.64%
Views
90
Current Estimated Value
$1,344,038

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,038
Avg. Annual Appreciation
4.09%
Original Mortgage
$972,000
Outstanding Balance
$954,337
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$396,165

Purchase Details

Closed on
Jun 28, 2005
Sold by
John Wieland Homes & Neighborhoods Of Th
Bought by
Kummerer Robert L and Kummerer Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,650
Interest Rate
4%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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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
Efken Jonathan E -- None Listed On Document
Kummerer Robert L $761,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Efken Jonathan E $33,900
Open Efken Jonathan E $972,000
Previous Owner Kummerer Robert L $362,316
Previous Owner Kummerer Robert L $200,000
Previous Owner Kummerer Robert L $359,650
Closed Kummerer Robert L $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2023 08/31/23 Sold $1,250,000 +13.6% $252 / Sq Ft
07/08/2023 07/08/23 Pending -- -- --
06/29/2023 06/29/23 For Sale $1,100,000 -- $222 / 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 $5,594 $755,000 $130,200 $624,800
2023 $5,426 $755,000 $130,200 $624,800
2022 $5,420 $755,000 $130,200 $624,800
2021 $5,226 $755,000 $130,200 $624,800
2020 $4,880 $633,700 $106,000 $527,700
2019 $5,173 $633,700 $106,000 $527,700
2018 $4,856 $633,700 $106,000 $527,700
2017 $5,452 $633,700 $106,000 $527,700
2016 $5,043 $633,700 $106,000 $527,700
2015 $5,099 $633,700 $106,000 $527,700
2014 $4,813 $700,530 $100,000 $600,530
Source: Public Records

Agents Affiliated with this Home

  • Carl Richmond

    Seller's Agent in 2023

    Carl Richmond

    Allen Tate Realtors

    (704) 541-6200

    4 in this area

    109 Total Sales

    Section Image
  • Chris McGowan

    Buyer's Agent in 2023

    Chris McGowan

    Allen Tate Realtors

    (704) 340-8852

    3 in this area

    129 Total Sales

    Section Image
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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4044756

Canopy MLS (Canopy Realtor® Association)

APN: 06-156-323

North Carolina Union County Waxhaw 28173

7523 Meadowgate Ln, Waxhaw, NC

This home is located at 7523 Meadowgate Ln, Waxhaw, NC 28173 since 29 June 2023 and is currently estimated at $1,344,038, approximately $271 per square foot. This property was built in 2005. 7523 Meadowgate Ln is a home located in Union County with nearby schools including Rea View Elementary School, Marvin Ridge Middle School, and Marvin Ridge High School.

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