NOT LISTED FOR SALE

8708 Kentucky Derby Dr Waxhaw, NC 28173

Estimated Value: $1,154,000 - $1,370,000

5 Beds
3.5 Baths
3,900 Sq Ft
$323/Sq Ft Est. Value

Last Sold December 07, 2017

Last sale price $503,000 $129 Per Sq Ft

Est. 150% increase in value since last sale

Current estimated payment $7,287/month

45 Days on Market

Highlights

  • Fitness Center
  • Clubhouse
  • Wood Flooring
  • Marvin Elementary School Rated A
  • Pond
  • Attic

About This Home

As of December 2017

SHORT SALE Foreclosure proceedings commenced. Sold"as is" seller to make no repairs.

Last Agent to Sell the Property

Terri Lombardo

VentureREI LLC License #235840 Listed on: 08/13/2017

Last Buyer's Agent

Tom Dorazil

NorthGroup Real Estate LLC License #135117

NorthGroup Real Estate LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2000

Lot Details

  • 0.78

HOA Fees

  • $92 Monthly HOA Fees

Parking

  • 2

Interior Spaces

  • Fireplace
  • Crawl Space
  • Kitchen Island
  • Attic

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • Walk-In Closet

Additional Features

  • Pond
  • Irrigation

Listing and Financial Details

  • Assessor Parcel Number 06-180-234

Community Details

Overview

  • Braesal Mgmt Association, Phone Number (704) 847-3507

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Recreation Facilities
  • Community Playground
  • Fitness Center
  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Year Built

Built in 2000

Lot Details

0

HOA Fees

$92 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.95828
  • Ratio Close Price By Original Li: 0.95828
  • Ratio Current Price By Acre: 637515.84
  • Ratio Current Price By Sq Ft: 128.97
  • Special Assessment Description: Gating
  • Special Assessment Yn: Yes
  • Year Built: 2000
  • Special Features: 12
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space
  • Upper Level Sq Ft: 1704
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Total Bedrooms: 5
  • Equipment: Ceiling Fan(s), Convection Oven, Cable Prewire, Cooktop Electric, Double Oven, Disposal, Dishwasher, Electric Dryer Hookup, Electric Range, Microwave, Security System, Electric Oven
  • Fireplace Description: Great Room
  • Fireplace: Yes
  • Flooring: Carpet, Laminate Tile, Wood
  • H O A Management Phone: 704-847-3507
  • Interior Amenities: Attic Walk-in, Kitchen Island, Walk-In Closet(s)
  • Laundry Location: Main
  • Room Count: 2
  • Main Level Sq Ft: 2196
  • Total Sq Ft: 3900
  • Sq Ft Unheated Main: 892
  • Sq Ft Unheated Total: 892

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard, In-Ground Irrigation
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Concrete
  • Parking: Garage - 2 Car

Utilities

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

Condo/Co-op/Association

  • Community Features: Club House, Fitness Center, Playground, Pond, Outdoor Pool, Recreation Area, Street Lights, Tennis Court(s), Walking Trails
  • Association Fee: 1100.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Braesal Mgmt
  • Hoa Subject To Dues: Mandatory

Schools

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

Lot Info

  • Lot Dimension: .789
  • Lot Features: Cul-de-sac Lot
  • Lot Size Area: 0.789
  • Parcel Number: 06-180-234
  • Zoning: Residential
  • Zoning Specification: AJ0

Tax Info

  • Tax Value: 622900.00
  • Tax Location: Union

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2017
Closed on
Dec 5, 2017
Sold by
Wooten Tracy David and Wooten Lynn
Bought by
Salisu Adamu and Salisu Fatima
Seller's Agent
Terri Lombardo
VentureREI LLC
Buyer's Agent
Tom Dorazil
NorthGroup Real Estate LLC
List Price
$524,900
Sold Price
$503,000
Premium/Discount to List
-$21,900
-4.17%
Current Estimated Value
$1,258,596

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$755,596
Avg. Annual Appreciation
12.95%
Original Mortgage
$424,100
Outstanding Balance
$361,203
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$933,303

Purchase Details

Closed on
Jul 15, 2003
Sold by
Washburn Carol F
Bought by
Wooten Tracy David and Wooten Lynn T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$402,000
Interest Rate
3%
Mortgage Type
Unknown
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
Salisu Adamu $503,000 Bridge Trust Title Group
Wooten Tracy David $503,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salisu Adamu $100,000
Open Salisu Adamu $424,100
Previous Owner Wooten Tracey David $595,761
Previous Owner Wooten Tracy David $484,000
Previous Owner Wooten Tracy David $402,000
Previous Owner Wooten Tracy David $75,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/07/2017 12/07/17 Sold $503,000 -4.2% $129 / Sq Ft
09/27/2017 09/27/17 Pending -- -- --
08/13/2017 08/13/17 For Sale $524,900 -- $135 / 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 $4,684 $746,100 $200,000 $546,100
2023 $4,667 $746,100 $200,000 $546,100
2022 $4,667 $746,100 $200,000 $546,100
2021 $4,656 $746,100 $200,000 $546,100
2020 $4,907 $637,200 $129,000 $508,200
2019 $4,883 $637,200 $129,000 $508,200
2018 $0 $622,900 $129,000 $493,900
2017 $5,047 $622,900 $129,000 $493,900
2016 $4,957 $622,900 $129,000 $493,900
2015 $5,012 $622,900 $129,000 $493,900
2014 $4,542 $661,170 $192,500 $468,670
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3308885

Canopy MLS (Canopy Realtor® Association)

APN: 06-180-234