NOT LISTED FOR SALE

8609 Laurelwood Ln Waxhaw, NC 28173

Estimated Value: $1,093,000 - $1,251,245

5 Beds
3.5 Baths
3,898 Sq Ft
$295/Sq Ft Est. Value

Last Sold March 01, 2023

Last sale price $1,050,000 $269 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $6,733/month

2 Days on Market

Highlights

  • Equestrian Center
  • Barn
  • Deck
  • Sandy Ridge Elementary School Rated A
  • 5.2 Acre Lot
  • Wooded Lot

About This Home

As of March 2023

Charming 5+ acre horse or hobby farm in the Village of Marvin. Ready for your horses today! Large arena that drains very well, 3 stall barn with wash bay & tack room. Shed for hay and equipment storage. Barn has its own driveway and parking for your trailer. 6 bedroom (septic approved for 5 bedrooms), 3.5 bathroom house with a huge primary bedroom down! Large loft/bonus area up would be a great media room. Multiple flex areas for office area or work out room. Convenient to many shopping centers, entertainment and restaurants. Just a few minutes drive to all Marvin schools. This home is ready for it’s own pool as space is already plumbed for pool bathroom off the garage with separate entrance to rear yard. Even though you’re close to everything this house has a secluded feel! In-ground electric dog fence allows your best friends to have ample space to run. Start your mornings with coffee on the wraparound porch and end it with drinks on the deck while watching your horses graze.

Last Agent to Sell the Property

Abby Nelson

ProStead Realty License #258811 Listed on: 01/07/2023

ProStead Realty

Co-Listed By

Michelle Horne

ProStead Realty License #164296

Last Buyer's Agent

Chris Linscheid

Ivester Jackson Distinctive Properties License #274025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,200

Year Built

  • Built in 1978

Lot Details

  • 5.2 Acre Lot
  • Fenced
  • Wooded Lot
  • Property is zoned AP2

HOA Fees

  • $10 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 4 Open Parking Spaces

Home Design

  • Farmhouse Style Home

Interior Spaces

  • 2-Story Property
  • Wood Burning Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • Wood Flooring
  • Crawl Space
  • Laundry Room

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • Walk-In Closet

Outdoor Features

  • Deck
  • Fire Pit
  • Wrap Around Porch

Schools

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

Farming

  • Barn
  • Pasture

Horse Facilities and Amenities

  • Equestrian Center
  • Hay Storage
  • Arena

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Septic Tank

Community Details

  • Providence Road Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 06-189-045

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,200

Year Built

Built in 1978

Lot Details

0

HOA Fees

$10 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Farmhouse
  • Year Built: 1978
  • Road Surface Type: Concrete, Gravel
  • Unit Levels: Two
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 269.37
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Flooring: Carpet, Wood
  • Interior Amenities: Entrance Foyer, Kitchen Island, Pantry, Walk-In Closet(s), Walk-In Pantry
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1934
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 1964
  • Appliances: Dishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Water Heater
  • Above Grade Finished Sq Ft: 3898
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Family Room, Fire Pit, Wood Burning
  • Living Area: 3898
  • Bedroom Main: 1
  • Room Count: 14
  • Sq Ft Other: 97

Exterior Features

  • Exterior Features: Fence, Fire Pit
  • New Construction: No
  • Construction Type: Site Built
  • Fencing: Invisible
  • Construction Type: Cedar Shake
  • Other Structures: Barn(s), Hay Storage
  • Patio And Porch Features: Deck, Porch, Wrap Around

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 610
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Parking Features: Attached Garage, Parking Space(s)

Utilities

  • Heating: Heat Pump
  • Sewer: Septic Installed
  • Laundry Features: Laundry Room, Main Level
  • Cooling: Central Air
  • Water Source: Well

Condo/Co-op/Association

  • Association Fee: 120
  • Association Fee Frequency: Annually
  • Senior Community: No
  • Association: Yes
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • Association Annual Expense: 120.00

Schools

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

Lot Info

  • Lot Features: Pasture, Wooded
  • Lot Size Area: 5.2
  • Lot Size Units: Acres
  • Parcel Number: 06-189-045
  • Horse Amenities: Arena, Equestrian Facilities, Hay Storage
  • Lot Size Acres: 5.2
  • Lot Size: 5.2
  • Lot Size Sq Ft: 226512
  • ResoLotSizeUnits: Acres
  • Zoning Specification: AP2

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2023
Closed on
Mar 1, 2023
Sold by
Mcelhaney Robert Patrick and Mcelhaney Jaclyn S
Bought by
Chillura Anthony Buddy and Moore Gina Marie
Seller's Agent
Abby Nelson
ProStead Realty
Buyer's Agent
Chris Linscheid
Ivester Jackson Distinctive Properties
List Price
$1,050,000
Sold Price
$1,050,000
Views
34
Current Estimated Value
$1,150,561

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,561
Avg. Annual Appreciation
1.56%
Original Mortgage
$1,050,000
Outstanding Balance
$1,022,238
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$67,290

Purchase Details

Closed on
Nov 4, 2014
Sold by
Peed David A and Peed Rebecca E
Bought by
Mcelhaney Robert Patrick and Mcelhaney Jaclyn S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$389,000
Interest Rate
4.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 5, 2006
Sold by
Schmidt Michael F and Schmidt Marjorie C
Bought by
Peed David A and Peed Rebecca E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,300
Interest Rate
6.51%
Mortgage Type
Stand Alone Second
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
Chillura Anthony Buddy $1,050,000 None Listed On Document
Mcelhaney Robert Patrick $489,000 None Available
Peed David A $382,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chillura Anthony Buddy $1,050,000
Previous Owner Mcelhaney Robert Patrick $619,000
Previous Owner Mcelhaney Robert Patrick $474,500
Previous Owner Mchelhaney Robert Patrick $472,000
Previous Owner Mcelhaney Robert Patrick $100,000
Previous Owner Mcelhaney Robert Patrick $25,000
Previous Owner Mcelhaney Robert Patrick $389,000
Previous Owner Peed David A $384,000
Previous Owner Peed David A $72,000
Previous Owner Peed David A $416,000
Previous Owner Peed David A $49,490
Previous Owner Peed David Alan $470,000
Previous Owner Peed David A $57,300
Previous Owner Peed David A $305,600
Previous Owner Schmidt Michael F $67,800
Previous Owner Schmidt Michael F $83,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2023 03/01/23 Sold $1,050,000 0.0% $269 / Sq Ft
01/07/2023 01/07/23 For Sale $1,050,000 -- $269 / 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 $4,200 $558,000 $278,000 $280,000
2023 $4,075 $558,000 $278,000 $280,000
2022 $4,069 $558,000 $278,000 $280,000
2021 $3,878 $558,000 $278,000 $280,000
2020 $2,903 $377,000 $82,000 $295,000
2019 $3,077 $377,000 $82,000 $295,000
2018 $2,889 $377,000 $82,000 $295,000
2017 $3,243 $377,000 $82,000 $295,000
2016 $3,000 $377,000 $82,000 $295,000
2015 $3,034 $377,000 $82,000 $295,000
2014 $2,647 $385,320 $268,000 $117,320
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3933452

Canopy MLS (Canopy Realtor® Association)

APN: 06-189-045