NOT LISTED FOR SALE

8716 Ruby Hill Ct Unit 25 Waxhaw, NC 28173

Estimated Value: $5,974,000 - $7,067,000

0.71 Acre
$9,183,803 Price per Acre
30,928 Sq Ft Lot

Last Sold October 22, 2019

Last sale price $345,000 $41 Per Sq Ft

Est. 1,790% increase in value since last sale

Current estimated payment $34,970/month

70 Days on Market

Highlights

  • Golf Course Community
  • Fitness Center
  • Clubhouse
  • Rea View Elementary School Rated A
  • Gated Community
  • Wooded Lot

About This Lot

As of October 2019

Spectacular view overlooking the 4th fairway! Full golf membership req. Contact Debi Blair, Director of Membership, 704-443-2554 for club tour and info. One-time working capital POA reserve fee of $611.50 due at closing.

Last Agent to Sell the Property

Debbie Forbis

Melconn Incorporated License #242819 Listed on: 05/22/2019

Co-Listed By

Craig Martin

Melconn Incorporated License #58240

Last Buyer's Agent

Craig Martin

Melconn Incorporated License #58240

Property Details

Property Type

  • Land

Lot Details

HOA Fees

  • $306 Monthly HOA Fees

Additional Features

  • Wooded Lot
  • Crawl Space

Listing and Financial Details

  • Assessor Parcel Number 06-174-488
  • Tax Block Ph 3

Community Details

Overview

  • First Service Residential Association, Phone Number (704) 330-0638

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Pool
  • Putting Green

Additional Features

  • Clubhouse
  • Gated Community

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$306 per month

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Lot
  • Ratio Close Price By List Price: 0.86250
  • Ratio Close Price By Original Li: 0.86250
  • Ratio Current Price By Acre: 485915.49
  • Restrictions: Architectural Review, Square Feet
  • Special Features: None

Interior Features

  • Foundation Details: Basement, Crawl Space
  • H O A Management Phone: 7043300638

Utilities

  • Sewer: County Sewer
  • Water: County Water

Condo/Co-op/Association

  • Community Features: Club House, Fitness Center, Gated Community, Golf Course, Playground, Outdoor Pool, Putting Green, Street Lights, Tennis Court(s)
  • Association Fee: 3669.00
  • Association Fee Frequency: Annually
  • HOA Management Company: First Service Residential
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Lot Features: Cul-de-sac Lot, Golf Course View, Wooded
  • Lot Size Area: 0.710
  • Parcel Number: 06-174-488
  • Zoning Specification: Res

Tax Info

  • Tax Value: 415000.00
  • Tax Block: Ph 3
  • Tax Location: Union

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 16, 2023
Sold by
Revocable Trust
Bought by
Thomas Group International Llc
Current Estimated Value
$6,520,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.81%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 22, 2019
Closed on
Oct 28, 2019
Sold by
Thomas Joel and Revocable Trust Of Joel Thomas
Bought by
Thomas Joel and Revocable Trust Of Joel Thomas
Seller's Agent
Debbie Forbis
Melconn Incorporated
Buyer's Agent
Craig Martin
Melconn Incorporated
List Price
$400,000
Sold Price
$345,000
Premium/Discount to List
-$55,000
-13.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
63.88%

Purchase Details

Listed on
May 22, 2019
Closed on
Oct 17, 2019
Sold by
Longview Investors Llc
Bought by
Thomas Joel and Revocable Trust Of Joel Thomas
Seller's Agent
Debbie Forbis
Melconn Incorporated
Buyer's Agent
Craig Martin
Melconn Incorporated
List Price
$400,000
Sold Price
$345,000
Premium/Discount to List
-$55,000
-13.75%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Thomas Group International Llc -- None Listed On Document
Thomas Joel -- Morehead Title
Thomas Joel $690,000 Morehead Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Thomas Group International Llc $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/22/2019 10/22/19 Sold $345,000 -13.8% $41 / Sq Ft
07/31/2019 07/31/19 Pending -- -- --
05/22/2019 05/22/19 For Sale $400,000 -- $47 / 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 $2,354 $375,000 $375,000 $0
2023 $2,346 $375,000 $375,000 $0
2022 $2,346 $375,000 $375,000 $0
2021 $2,340 $375,000 $375,000 $0
2020 $3,196 $415,000 $415,000 $0
2019 $3,180 $415,000 $415,000 $0
2018 $3,180 $415,000 $415,000 $0
2017 $3,363 $415,000 $415,000 $0
2016 $0 $0 $0 $0
2015 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2019

    Debbie Forbis

    Melconn Incorporated

    Section Image

  • C

    Seller Co-Listing Agent in 2019

    Craig Martin

    Melconn Incorporated

    Section Image
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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3510372

Canopy MLS (Canopy Realtor® Association)

APN: 06-174-488

North Carolina Union County Waxhaw 28173

8716 Ruby Hill Ct Unit 25, Waxhaw, NC

This home is located at 8716 Ruby Hill Ct Unit 25, Waxhaw, NC 28173 since 22 May 2019 and is currently estimated at $6,520,500, approximately $767 per square foot. 8716 Ruby Hill Ct Unit 25 is a home located in Union County with nearby schools including Rea View Elementary School, Marvin Ridge Middle School, and Marvin Ridge High School.

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