NOT LISTED FOR SALE

8121 Madrigal Ct Waxhaw, NC 28173

Estimated Value: $598,115 - $690,000

4 Beds
3 Baths
2,773 Sq Ft
$227/Sq Ft Est. Value

Last Sold August 31, 2021

Last sale price $450,501 $162 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $3,693/month

1 Day on Market

Highlights

  • Open Floorplan
  • Private Lot
  • Vaulted Ceiling
  • Sandy Ridge Elementary School Rated A
  • Wooded Lot
  • Wood Flooring

About This Home

As of August 2021

Beautiful Waxhaw home located near the end of cul-de-sac and in the Marvin Ridge School District. This home offers lots of natural light, vaulted ceilings, a sunroom overlooking the deck & enclosed screened patio. The backyard feels like a country setting with an area for a vegetable garden, great outdoor living with fire pit, pavers & private, wooded, fenced yard. Gas grill connected to gas line remains so you won’t need to change the propane tank! In-ground irrigation covers front, sides & back yard. Inside, the home features an open floor plan, kitchen with GRANITE, SS appliances & eat-in area. Crown & chair rail molding in formal dining & foyer. Owners suite on main w/trey ceiling & HUGE separate sitting area. Two secondary bedrooms, full 2nd bath and laundry is located down a separate hallway and keeps a private feel. Offers central vacuum & surround sound speakers run inside and outside. Upstairs features a very large 4th bedroom/BONUS with full bath, linen & walk in closet.

Last Agent to Sell the Property

Jennifer Woods

EXP Realty LLC Ballantyne License #294202 Listed on: 07/20/2021

EXP Realty LLC Ballantyne

Last Buyer's Agent

George Joseph

KJ Realty LLC License #229722

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2005

Lot Details

  • Private Lot
  • Level Lot
  • Irrigation
  • Wooded Lot
  • Many Trees

HOA Fees

  • $60 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 1.5-Story Property
  • Open Floorplan
  • Vaulted Ceiling
  • Gas Log Fireplace
  • Insulated Windows
  • Crawl Space
  • Pull Down Stairs to Attic
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • Walk-In Closet
  • 3 Full Bathrooms
  • Garden Bath

Additional Features

  • Fire Pit
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 06-159-258

Community Details

Overview

  • Cedar Management Association, Phone Number (877) 252-3327
  • Built by Ryland

Recreation

  • Community Playground
  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Year Built

Built in 2005

Lot Details

0

HOA Fees

$60 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1.5 Story
  • Construction Status: Complete
  • Ratio Close Price By List Price: 1.06000
  • Ratio Close Price By Original Li: 1.06000
  • Ratio Current Price By Acre: 1831304.88
  • Ratio Current Price By Sq Ft: 162.46
  • Year Built: 2005
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space
  • Upper Level Sq Ft: 527
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 4
  • Doors and Windows: Insulated Windows
  • Equipment: Cable Prewire, Ceiling Fan(s), Central Vacuum, Dishwasher, Electric Range, Microwave, Surround Sound
  • Fireplace Description: Gas Logs, Great Room
  • Fireplace: Yes
  • Fixture Exception Description: TV and Bracket, Garden ornaments and benches
  • Fixture Exception Yn: Yes
  • Flooring: Carpet, Laminate Wood, Tile, Vinyl, Wood
  • H O A Management Phone: 877-252-3327
  • Interior Amenities: Attic Stairs Pulldown, Cable Available, Garden Tub, Kitchen Island, Open Floorplan, Vaulted Ceiling, Walk-In Closet(s)
  • Laundry Location: Main, Laundry Room
  • Room Count: 2
  • Main Level Sq Ft: 2246
  • Total Sq Ft: 2773

Exterior Features

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

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Garage - 2 Car

Utilities

  • Heating: Central Air, Gas Hot Air Furnace
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Community Features: Outdoor Pool, Playground, Sidewalk, Walking Trails
  • Association Fee: 180.00
  • Association Fee Frequency: Quarterly
  • HOA Management Company: Cedar Management
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Sandy Ridge
  • Middle School: Marvin Ridge
  • High School: Marvin Ridge

Lot Info

  • Lot Features: Cul-de-sac Lot, Level, Private, Trees, Wooded
  • Lot Size Area: 0.246
  • Parcel Number: 06-159-258
  • Zoning Specification: RES

Building Info

  • Builder Name: Ryland

Tax Info

  • Tax Value: 272900.00
  • Tax Location: Waxhaw

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2021
Closed on
Aug 31, 2021
Sold by
Welte Elissa A
Bought by
George Arun
Seller's Agent
Jennifer Woods
EXP Realty LLC Ballantyne
Buyer's Agent
George Joseph
KJ Realty LLC
List Price
$425,000
Sold Price
$450,501
Premium/Discount to List
$25,501
6%
Current Estimated Value
$628,529

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,028
Avg. Annual Appreciation
8.44%
Original Mortgage
$360,499
Outstanding Balance
$327,538
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$300,991

Purchase Details

Closed on
Sep 29, 2005
Sold by
The Ryland Group Inc
Bought by
Welte Jeffrey S and Welte Elissa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
5.72%
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
George Arun $450,500 Meridian Title
Welte Jeffrey S $301,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open George Arun $360,499
Previous Owner Welte Jeffrey S $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2021 08/31/21 Sold $450,501 +6.0% $162 / Sq Ft
07/22/2021 07/22/21 Pending -- -- --
07/20/2021 07/20/21 For Sale $425,000 -- $153 / 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 $3,725 $363,300 $74,000 $289,300
2023 $3,687 $363,300 $74,000 $289,300
2022 $3,687 $363,300 $74,000 $289,300
2021 $3,681 $363,300 $74,000 $289,300
2020 $2,138 $268,200 $58,500 $209,700
2019 $3,139 $268,200 $58,500 $209,700
2018 $2,106 $268,200 $58,500 $209,700
2017 $3,171 $268,200 $58,500 $209,700
2016 $2,152 $268,200 $58,500 $209,700
2015 $2,184 $268,200 $58,500 $209,700
2014 $2,066 $294,230 $38,500 $255,730
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3751349

Canopy MLS (Canopy Realtor® Association)

APN: 06-159-258