NOT LISTED FOR SALE

8808 Summerhill Dr Waxhaw, NC 28173

Estimated Value: $319,000 - $554,000

4 Beds
2 Baths
1,620 Sq Ft
$247/Sq Ft Est. Value

Last Sold October 03, 2016

Last sale price $31,000 $19 Per Sq Ft

Est. 1,138% increase in value since last sale

Current estimated payment $2,237/month

182 Days on Market

About This Home

As of October 2016

Hard to find lot with a septic and well already installed. Land had a mobile home on it at one time.
Septic permit to be obtained from the county.

Last Agent to Sell the Property

Terry Gaddy

Central Carolina Real Estate Group LLC License #144903 Listed on: 02/11/2016

Last Buyer's Agent

Terry Gaddy

Central Carolina Real Estate Group LLC License #144903 Listed on: 02/11/2016

Property Details

Home Type

  • Manufactured Home

Lot Details

  • 1.4

Additional Features

  • Crawl Space
  • Well

Listing and Financial Details

  • Assessor Parcel Number 05-132-059

Property Details

Home Type

Manufactured Home

Lot Details

0

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Lot
  • Ratio Close Price By List Price: 0.89855
  • Ratio Close Price By Original Li: 0.89855
  • Ratio Current Price By Acre: 22142.86
  • Restrictions: Manufactured Home Allowed, Modular Allowed
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space

Exterior Features

  • Construction Type: Manufactured, Off Frame Modular, On Frame Modular, Site Built
  • Publically Maintained Road: Yes

Utilities

  • Sewer: Septic Tank
  • Water: Well

Schools

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

Lot Info

  • Lot Dimension: see tax map
  • Lot Size Area: 1.400
  • Parcel Number: 05-132-059
  • Zoning: Residential
  • Zoning Specification: AD3
  • Plat Reference Section Pages: 659

Tax Info

  • Tax Value: 22100.00
  • Tax Location: Union

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 27, 2016
Sold by
Cmh Homes Inc
Bought by
Nichols Travis L
Current Estimated Value
$383,778

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,818
Outstanding Balance
$109,974
Interest Rate
4.13%
Mortgage Type
New Conventional
Estimated Equity
$284,995

Purchase Details

Listed on
Feb 11, 2016
Closed on
Sep 26, 2016
Sold by
Glassberg William F and Glassberg Diane J
Bought by
Cmh Homes Inc
Seller's Agent
Terry Gaddy
Central Carolina Real Estate Group LLC
Buyer's Agent
Terry Gaddy
Central Carolina Real Estate Group LLC
List Price
$34,500
Sold Price
$31,000
Premium/Discount to List
-$3,500
-10.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.32%

Purchase Details

Closed on
Sep 29, 2010
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Glassberg William F and Glassberg Diane J

Purchase Details

Closed on
Jun 2, 2010
Sold by
Faile Alvin and Faile Michele K
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Feb 12, 2001
Sold by
Sun Valley Investors
Bought by
Faile Alvin and Faile Michele K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
7.16%
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
Nichols Travis L $130,500 None Available
Cmh Homes Inc $31,000 Chicago Title Insurance Comp
Glassberg William F -- None Available
Federal Home Loan Mortgage Corp $68,250 None Available
Faile Alvin $20,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nichols Travis L $131,818
Previous Owner Glassberg William F $30,000
Previous Owner Faile Alvin $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/03/2016 10/03/16 Sold $31,000 -10.1% $19 / Sq Ft
08/11/2016 08/11/16 Pending -- -- --
02/11/2016 02/11/16 For Sale $34,500 -- $21 / 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 $1,636 $256,300 $29,000 $227,300
2023 $1,609 $256,300 $29,000 $227,300
2022 $1,609 $256,300 $29,000 $227,300
2021 $1,581 $256,300 $29,000 $227,300
2020 $787 $102,000 $22,100 $79,900
2019 $846 $102,000 $22,100 $79,900
2018 $846 $102,000 $22,100 $79,900
2017 $897 $102,000 $22,100 $79,900
2016 $655 $77,400 $22,100 $55,300
2015 $664 $77,400 $22,100 $55,300
2014 $716 $98,260 $30,650 $67,610
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3147214

Canopy MLS (Canopy Realtor® Association)

APN: 05-132-059