NOT LISTED FOR SALE

8705 Simpson Rd Waxhaw, NC 28173

Estimated Value: $368,000 - $506,000

3 Beds
2 Baths
1,821 Sq Ft
$235/Sq Ft Est. Value

Last Sold June 29, 2023

Last sale price $390,000 $214 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,440/month

55 Days on Market

Highlights

  • Traditional Architecture
  • Cathedral Ceiling
  • 4 Car Detached Garage
  • Waxhaw Elementary School Rated A-
  • Separate Outdoor Workshop
  • Front Porch

About This Home

As of June 2023

This site built home on 3.3 acres boasts an open floorplan with a large living room/dining area, three generous sized bedrooms and two full baths. Property has multiple decks, a metal roof, a 1791 square foot detached commercial grade steel beamed workshop/garage with electricity and its own electric meter. New well was installed recently. Lot is wooded and private. Located minutes from historic downtown Waxhaw.

Last Agent to Sell the Property

Cheri Wickham

1st Choice Properties License #80809 Listed on: 03/31/2023

Last Buyer's Agent

Joy Groya

Coldwell Banker Realty License #274867

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1995

Lot Details

  • Lot Dimensions are 484x431x328x381
  • Property is zoned AF8

Parking

  • 4 Car Detached Garage

Home Design

  • Traditional Architecture
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 1,821 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Cathedral Ceiling
  • Ceiling Fan
  • French Doors
  • Crawl Space
  • Pull Down Stairs to Attic
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Electric Range
  • Plumbed For Ice Maker

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms
  • Garden Bath

Accessible Home Design

  • Raised Toilet

Outdoor Features

  • Separate Outdoor Workshop
  • Outbuilding
  • Front Porch

Schools

  • Waxhaw Elementary School
  • Parkwood High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 05-075-003-D

Home Details

Home Type

Single Family

Year Built

Built in 1995

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 1995
  • Road Surface Type: Gravel
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 214.17
  • Property Sub Type Additional: None
  • Geocode Confidence: High
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: No
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Attic Stairs Pulldown, Breakfast Bar, Built-in Features, Cable Prewire, Cathedral Ceiling(s), Garden Tub
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1821
  • 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: 0
  • Appliances: Electric Range, Electric Water Heater, Plumbed For Ice Maker, Refrigerator
  • Above Grade Finished Sq Ft: 1821
  • Accessibility Features: Bath Raised Toilet
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Living Area: 1821
  • Bedroom Main: 3

Exterior Features

  • New Construction: No
  • Roof: Metal
  • Construction Type: Site Built
  • Exclusions: Exterior Security Cameras
  • Construction Type: Vinyl
  • Other Structures: Outbuilding, Workshop
  • Patio And Porch Features: Front Porch, Rear Porch, Side Porch

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Spaces: 4
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Detached Garage

Utilities

  • Heating: Heat Pump
  • Sewer: Septic Installed
  • Laundry Features: Utility Room, Main Level
  • Cooling: Ceiling Fan(s), Central Air
  • Water Source: Well

Condo/Co-op/Association

  • Hoa Subject To Dues: No
  • Senior Community: No

Schools

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

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 05-075-003-D
  • Zoning: AF8
  • Lot Size: 484x431x328x381
  • ResoLotSizeUnits: Acres
  • Zoning Specification: AF8

MLS Schools

  • Elementary School: Waxhaw
  • High School: Parkwood

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2023
Closed on
Jun 27, 2023
Sold by
Bothwell David H
Bought by
Olenick Jamison T
Seller's Agent
Cheri Wickham
1st Choice Properties
Buyer's Agent
Joy Groya
Coldwell Banker Realty
List Price
$416,000
Sold Price
$390,000
Premium/Discount to List
-$26,000
-6.25%
Views
170
Current Estimated Value
$427,224

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,224
Avg. Annual Appreciation
3.76%
Original Mortgage
$292,500
Outstanding Balance
$284,053
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$143,171

Purchase Details

Closed on
Dec 1, 2014
Sold by
Porter Glenn L and Glenn L Porter Family Trust
Bought by
Porter Family Trust

Purchase Details

Closed on
Dec 9, 2011
Sold by
Porter Glenn L and Estate Of Lola M Porter
Bought by
Porter Glenn L and Glenn L Porter Family Trust

Purchase Details

Closed on
Jun 10, 2008
Sold by
Porter Glenn and Porter Lola
Bought by
Porter Glenn L and Porter Lola M

Purchase Details

Closed on
Sep 21, 2000
Sold by
Lynn Caldwell Craig Lee and Lynn Deborah
Bought by
Porter Glenn and Porter Lola
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Olenick Jamison T $390,000 None Listed On Document
Porter Family Trust -- None Available
Porter Glenn L -- None Available
Porter Glenn L -- None Available
Porter Glenn $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olenick Jamison T $292,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/29/2023 06/29/23 Sold $390,000 -2.5% $214 / Sq Ft
05/26/2023 05/26/23 Pending -- -- --
05/15/2023 05/15/23 Price Changed $399,900 -2.0% $220 / Sq Ft
04/29/2023 04/29/23 Price Changed $408,000 -1.9% $224 / Sq Ft
04/24/2023 04/24/23 For Sale $416,000 0.0% $228 / Sq Ft
04/07/2023 04/07/23 Pending -- -- --
03/31/2023 03/31/23 For Sale $416,000 -- $228 / 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
2025 $2,333 $487,200 $0 $0
2024 $1,601 $250,900 $48,700 $202,200
2023 $1,575 $250,900 $48,700 $202,200
2022 $1,575 $250,900 $48,700 $202,200
2021 $1,548 $250,900 $48,700 $202,200
2020 $1,335 $168,980 $37,080 $131,900
2019 $1,335 $168,980 $37,080 $131,900
2018 $0 $168,980 $37,080 $131,900
2017 $1,420 $169,000 $37,100 $131,900
2016 $1,357 $168,980 $37,080 $131,900
2015 $1,376 $168,980 $37,080 $131,900
2014 $1,317 $188,600 $76,270 $112,330
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4016196

Canopy MLS (Canopy Realtor® Association)

APN: 05-075-003-D