NOT LISTED FOR SALE

8825 Kentucky Derby Dr Waxhaw, NC 28173

Estimated Value: $1,740,953 - $1,822,000

6 Beds
7 Baths
5,401 Sq Ft
$331/Sq Ft Est. Value

Last Sold December 10, 2019

Last sale price $1,180,000 $218 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $10,140/month

10 Days on Market

Highlights

  • Fitness Center
  • In Ground Pool
  • Pond
  • Marvin Elementary School Rated A
  • Gated Community
  • Transitional Architecture

About This Home

As of December 2019

Custom home with a beautiful backyard oasis in the Providence Downs gated community built on a premium lot! The first floor is designed with a grand two story foyer with curved staircase, a guest suite/office, dining room, wet bar, and master suite with a luxurious bathroom and walk-in his and hers closets! Kitchen area opens up to a stunning resort style keeping room with vaulted ceilings. The formal living room with built in shelving features coffered ceilings and gas fireplace. Upstairs, three bedrooms, 2.5 bath, a bonus room, and Rec. room with a wet bar. Unfinished 3rd floor plus walk in attic. Many custom details throughout! The backyard was made for entertaining featuring a salt water pool, hot tub, and 2 fire pits! The pool cabana features a stone patio, fireplace, and full kitchen. The guest house includes a bedroom and a full bathroom. Lanai styled porch that overlooks the stocked pond! Surround sound throughout the entire estate. Private well for irrigation.

Last Agent to Sell the Property

Kyle Bender

EXP Realty LLC Ballantyne License #248938 Listed on: 10/24/2019

EXP Realty LLC Ballantyne

Co-Listed By

Denise Ehrich

EXP Realty LLC License #308391

Last Buyer's Agent

Jill Delmastro

Redfin Corporation License #279643

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2006

Lot Details

  • Irrigation

HOA Fees

  • $108 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Transitional Architecture

Interior Spaces

  • Wet Bar
  • Fireplace
  • Storage Room
  • Crawl Space
  • Oven

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • Whirlpool Bathtub
  • Garden Bath

Attic

  • Pull Down Stairs to Attic
  • Permanent Attic Stairs

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Pond
  • Outdoor Fireplace
  • Outdoor Kitchen
  • Outdoor Gas Grill

Listing and Financial Details

  • Assessor Parcel Number 06-180-273

Community Details

Overview

  • Cusick Management Company Association

Recreation

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

Security

  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 2006

Lot Details

0

HOA Fees

$108 per month

Parking

3

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Architectural Style: Transitional
  • Ratio Close Price By List Price: 1.00426
  • Ratio Close Price By Original Li: 1.00426
  • Ratio Current Price By Acre: 1475000.00
  • Ratio Current Price By Sq Ft: 218.48
  • Year Built: 2006
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space
  • Upper Level Sq Ft: 2111
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bathrooms: 7.00
  • Total Bedrooms: 6
  • Equipment: Ceiling Fan(s), CO Detector, Convection Oven, Cable Prewire, Cooktop Gas, Central Vacuum, Double Oven, Disposal, Dryer, Dishwasher, Electric Dryer Hookup, Gas Range, Ice Maker Connection, Microwave, Network Ready, Oven, Refrigerator, Self Cleaning Oven, Surround Sound, Wall Oven, Washer, Natural Gas, Gas Oven
  • Fireplace Description: FAMILYRM, Living Room, Natural Gas
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Attic Stairs Fixed, Attic Stairs Pulldown, Attic Walk-in, Garden Tub, Pantry, Storage Unit, Walk-In Closet(s), Wet Bar, Whirlpool
  • Laundry Location: Main, Laundry Room
  • Room Count: 3
  • Second Living Quarters: Room w/ Private Bath
  • Second Living Quarters Hla: 435
  • Second Living Quarters Sq Ft: 537
  • Main Level Sq Ft: 3290
  • Total Sq Ft: 5401
  • Sq Ft Unheated Third: 693
  • Sq Ft Unheated Total: 1023
  • Sq Ft Unheated Upper: 330

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard, Hot Tub, In-Ground Gas Grill, In-Ground Irrigation, Outdoor Fireplace, Outdoor Kitchen, Pool-In-Ground

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Driveway, Garage - 3 Car, Side Load Garage

Utilities

  • Heating: Central Air, Gas Hot Air Furnace, Multizone A/C, MultiZone Heat
  • Sewer: City Sewer
  • Water: City Water, Well Installed
  • Water Heater: Gas

Condo/Co-op/Association

  • Community Features: Fitness Center, Gated Community, Outdoor Pool, Playground, Pond, Recreation Area, Street Lights, Tennis Court(s), Walking Trails
  • Association Fee: 650.00
  • Association Fee Frequency: Semi-Annually
  • HOA Management Company: Cusick Management Company
  • Hoa Subject To Dues: Mandatory

Schools

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

Lot Info

  • Lot Features: Lake, Water view
  • Lot Size Area: 0.800
  • Parcel Number: 06-180-273
  • Zoning Specification: AJ0

Tax Info

  • Tax Value: 838100.00
  • Tax Location: Union

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2019
Closed on
Dec 10, 2019
Sold by
Baia Joseph C
Bought by
Stewart Matthew P and Stewart Kate M
Seller's Agent
Kyle Bender
EXP Realty LLC Ballantyne
Buyer's Agent
Jill Delmastro
Redfin Corporation
List Price
$1,175,000
Sold Price
$1,180,000
Premium/Discount to List
$5,000
0.43%
Current Estimated Value
$1,786,238

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$606,238
Avg. Annual Appreciation
6.67%
Original Mortgage
$59,000
Interest Rate
3.6%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 19, 2019
Sold by
Baia Joseph C and Baia Wendy W
Bought by
Baia Joseph C

Purchase Details

Closed on
Dec 19, 2012
Sold by
Fortney Robert A and Fortney Stacy L
Bought by
Baia Joseph C and Baia Wendy W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$283,000
Interest Rate
3.36%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 10, 2007
Sold by
Stevens Construction Group Inc
Bought by
Fortney Robert A and Fortney Stacy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.63%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 20, 2006
Sold by
Stevens Ronald M and Stevens Carla
Bought by
Stevens Construction Group Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,000
Interest Rate
6.29%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 9, 2001
Sold by
Nolan William J and Hemphill Nolan Louise C
Bought by
Stevens Ronald M and Stevens Carla
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
Stewart Matthew P $1,180,000 None Available
Baia Joseph C -- None Available
Baia Joseph C $920,000 None Available
Fortney Robert A $1,016,000 None Available
Stevens Construction Group Inc -- None Available
Stevens Ronald M $246,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stewart Matthew P $150,000
Closed Stewart Matthew P $59,000
Open Stewart Matthew P $944,000
Previous Owner Baia Joseph C $400,000
Previous Owner Baia Joseph C $445,000
Previous Owner Baia Joseph C $283,000
Previous Owner Baia Joseph C $417,000
Previous Owner Fortney Robert A $340,000
Previous Owner Fortney Robert A $600,000
Previous Owner Stevens Construction Group Inc $780,000
Previous Owner Stevens Construction Group Inc $74,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2019 12/10/19 Sold $1,180,000 +0.4% $218 / Sq Ft
11/04/2019 11/04/19 Pending -- -- --
10/24/2019 10/24/19 For Sale $1,175,000 -- $218 / 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 $6,182 $984,700 $200,000 $784,700
2023 $6,159 $984,700 $200,000 $784,700
2022 $6,159 $984,700 $200,000 $784,700
2021 $6,146 $984,700 $200,000 $784,700
2020 $6,454 $838,100 $129,000 $709,100
2019 $6,422 $838,100 $129,000 $709,100
2018 $0 $838,100 $129,000 $709,100
2017 $6,791 $838,100 $129,000 $709,100
2016 $6,670 $838,100 $129,000 $709,100
2015 $6,744 $838,100 $129,000 $709,100
2014 $5,881 $856,080 $192,500 $663,580
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3557945

Canopy MLS (Canopy Realtor® Association)

APN: 06-180-273