NOT LISTED FOR SALE

8331 Loma Linda Ln Unit 10 Waxhaw, NC 28173

Estimated Value: $430,000 - $490,532

1.09 Acres
$420,718 Price per Acre
47,655 Sq Ft Lot

Last Sold March 03, 2021

Last sale price $35,500

Est. 1,197% increase in value since last sale

Current estimated payment $2,728/month

17 Days on Market

Highlights

  • Private Lot
  • Wooded Lot
  • No HOA
  • Waxhaw Elementary School Rated A-

About This Lot

As of March 2021

Nice wooded lot in private location near Waxhaw city. Very quiet. VACANT lot. Sloped land with paved road frontage. Wooded with many mature trees. Lots of space toward the back of the lot for potential house construction locations. Well and septic system are needed for residential use. Location has easy access to downtown Waxhaw or Ballantyne. Front and rear side corners of the property are marked. APPROXIMATE property lines have been marked down each side with orange surveyor tape. See pictures for identification of corners. Driveway along left boundary is an easement that may be used for access to this lot! Contact listing agent with any questions or for help in walking the property. Restrictive covenants are filed in MLS documentation, or available upon request. Minimum size dwelling is 1800 square feet. Loma Linda Lane is not state maintained, but met state standards at construction.

Last Agent to Sell the Property

David Bothwell

Fathom Realty NC LLC Brokerage Email: dbothwell@fathomrealty.com License #300550 Listed on: 10/28/2020

Fathom Realty NC LLC

Last Buyer's Agent

Mark Volak

Fathom Realty NC LLC License #274335

Fathom Realty NC LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,850

Year Built

  • 2021

Lot Details

  • 1.09 Acre Lot
  • Lot Dimensions are 310x285x381x40
  • Private Lot
  • Paved or Partially Paved Lot
  • Sloped Lot
  • Wooded Lot
  • Possible uses of the property include Residential
  • Property is zoned RA-40

Schools

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

Utilities

  • Underground Utilities
  • Well Required
  • Septic Needed
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 05153099

Property Details

Property Type

Land

Est. Annual Taxes

$1,850

Year Built

2021

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Lot
  • Habitable Residence Yn: No
  • Restrictions: Other - See Remarks,Square Feet
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Frontage Type: Other - See Remarks
  • Road Surface Type: Paved
  • ResoPropertyType: Land
  • Attribution Contact: dbothwell@fathomrealty.com
  • Special Features: None
  • Year Built (Public Record): 2021

Interior Features

  • Possible Use: Residential
  • Room Count: 0

Exterior Features

  • Road Frontage: 40
  • Waterfront Features: None
  • Other Structures: None

Utilities

  • Sewer: Septic Needed
  • Utilities: Cable Connected, Electricity Connected, Phone Connected, Underground Utilities
  • Water Source: Well Needed

Condo/Co-op/Association

  • Community Features: None
  • Hoa Subject To Dues: No
  • Association: No

Schools

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

Lot Info

  • Lot Features: Paved, Private, Sloped, Wooded
  • Lot Size Area: 1.094
  • Lot Size Units: Acres
  • Parcel Number: 05153099
  • Zoning: RA-40
  • Plat Book Slide: E/495
  • Can Be Subdivided: 0
  • Plat Reference Section Pages: E495
  • Cleared Acres: 0.00
  • Lot Size Acres: 1.094
  • Lot Size: 310x285x381x40
  • Lot Size Sq Ft: 47654
  • Wooded Area: 1.09
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RA-40

Green Features

  • Green Verification Count: 1

MLS Schools

  • Elementary School: Waxhaw
  • High School: Parkwood

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 12, 2022
Sold by
Man Lok and Man Claire
Bought by
Holm Joanna and Holm Mark
Total Days on Market
17
Current Estimated Value
$460,266

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$427,500
Outstanding Balance
$409,156
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$51,110

Purchase Details

Closed on
Nov 11, 2021
Sold by
Buller River Development Partners
Bought by
Lok Gregory

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,400
Interest Rate
3.01%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Oct 28, 2020
Closed on
Feb 27, 2021
Sold by
Bruner John F and Bruner Brena
Bought by
Buller River Development Partners Lp
Seller's Agent
David Bothwell
Fathom Realty NC LLC
Buyer's Agent
Mark Volak
Fathom Realty NC LLC
List Price
$35,500
Sold Price
$35,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
81.97%
Original Mortgage
$7,200,000
Interest Rate
3%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 27, 2000
Sold by
Donald H Thomas General Contracting Co
Bought by
Bruner John F and Bruner Brena
Source: Public Records

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Range of Values:

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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
Holm Joanna $450,000 None Listed On Document
Lok Gregory $376,000 None Available
Buller River Development Partners Lp $35,500 None Available
Bruner John F $17,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Holm Joanna $427,500
Previous Owner Lok Gregory $284,400
Previous Owner Buller River Development Partners Lp $7,200,000
Previous Owner Buller River Development Partners Lp $36,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2021 03/03/21 Sold $35,500 0.0% --
11/14/2020 11/14/20 Pending -- -- --
10/28/2020 10/28/20 For Sale $35,500 -- --
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 $1,850 $289,000 $43,500 $245,500
2023 $1,808 $287,000 $43,500 $243,500
2022 $1,121 $178,000 $43,500 $134,500
2021 $273 $43,500 $43,500 $0
2020 $199 $25,380 $25,380 $0
2019 $199 $25,380 $25,380 $0
2018 $0 $25,380 $25,380 $0
2017 $209 $25,400 $25,400 $0
2016 $204 $25,380 $25,380 $0
2015 $207 $25,380 $25,380 $0
2014 $147 $20,940 $20,940 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3676804

Canopy MLS (Canopy Realtor® Association)

APN: 05-153-099