NOT LISTED FOR SALE

8907 Old Waxhaw Monroe Rd Waxhaw, NC 28173

Estimated Value: $659,000 - $1,140,000

6 Beds
5 Baths
5,142 Sq Ft
$181/Sq Ft Est. Value

Last Sold April 27, 2023

Last sale price $966,000 $188 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $5,303/month

154 Days on Market

Highlights

  • Guest House
  • Open Floorplan
  • Wood Flooring
  • Waxhaw Elementary School Rated A-
  • Wooded Lot
  • Whirlpool Bathtub

About This Home

As of April 2023

BACK ON MARKET DUE TO NO FAULT OF THE SELLER! 2 homes in 1! Income producing AIRBNB on 1.22 acres just minutes to downtown Waxhaw. MAIN RESIDENCE-1997 4BR/3BTH all brick ranch, 2941 sq ft. Open flr plan w/ lots of natural light. Great room w/fireplace.Spacious owner's suite w/adjoining bath, jetted tub, walk in shower. 2nd owner's suite! HUGE bonus/media rm. Kitchen-Fantasy Brown Leathered Granite, Viking 4 burner gas range & dishwasher, Jenn Air fridge,custom deep stnls sink, trash compactor. 2ND GUEST HOME/COTTAGE- 2007 2BR/2BTH all brick 2 STORY 1,895 sq ft. Huge great rm, great kitchen w/granite & stnls apps,custom cabs. Upstairs-huge sleeping quarters w/ multiple beds, full bath.3 CAR GARAGE- 2017 w/ heated/cooled gym.The buildings, grounds are amazing, well kept & shows impeccably! Huge fenced in rear yard. Extensive landscaping. Custom pavers in driveway & courtyard. The Cottage has been used as an AIRBNB w/ owner's residing in main. Would make great multi-generational property!

Last Agent to Sell the Property

Mark Hatcher

RE/MAX Executive License #251014 Listed on: 10/19/2022

RE/MAX Executive

Last Buyer's Agent

Wendy Hou

Allison & Associates Realty, LLC License #304050

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,942

Year Built

  • Built in 1997

Lot Details

  • 1.22 Acre Lot
  • Lot Dimensions are 181x301x140x294
  • Fenced
  • Level Lot
  • Wooded Lot
  • Property is zoned R2

Parking

  • 3 Car Detached Garage

Home Design

  • Slab Foundation
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 1-Story Property
  • Open Floorplan
  • Tray Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Insulated Windows
  • Entrance Foyer
  • Great Room with Fireplace
  • Screened Porch
  • Pull Down Stairs to Attic

Kitchen

  • Breakfast Bar
  • Gas Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Trash Compactor

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms | 4 Main Level Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 5 Full Bathrooms
  • Whirlpool Bathtub
  • Garden Bath

Laundry

  • Laundry Room
  • Dryer
  • Washer

Additional Homes

  • Guest House
  • Separate Entry Quarters

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Gas Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Mitchell Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 05-087-067

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,942

Year Built

Built in 1997

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1997
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Second Living Quarters: Exterior Not Connected,Guest House,Separate Entrance,Separate Kitchen Facilities,Separate Living Quarters,Separate Utilities,Other - See Remarks
  • Road Surface Type: Stone, Other, Paved
  • Unit Levels: One
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 187.86
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Interior Amenities: Attic Stairs Pulldown, Breakfast Bar, Cable Prewire, Entrance Foyer, Garden Tub, Kitchen Island, Open Floorplan, Pantry, Split Bedroom, Tray Ceiling(s), Walk-In Closet(s), Whirlpool
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 4395
  • 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: 747
  • Appliances: Dishwasher, Dryer, Electric Oven, Electric Range, Electric Water Heater, Gas Oven, Gas Range, Gas Water Heater, Microwave, Refrigerator, Trash Compactor, Washer
  • Above Grade Finished Sq Ft: 5142
  • Basement YN: No
  • Full Bathrooms: 5
  • Total Bedrooms: 6
  • Fireplace Features: Gas Log, Great Room
  • Living Area: 5142
  • Window Features: Insulated Window(s)
  • Bedroom Main: 4

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Fencing: Fenced
  • Waterfront Features: None
  • Construction Type: Brick Full
  • Patio And Porch Features: Rear Porch, Screened

Garage/Parking

  • Main Level Garage YN: 1
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Detached Garage

Utilities

  • Heating: Heat Pump, Zoned
  • Sewer: Septic Installed, Other - See Remarks
  • Laundry Features: Laundry Room, Main Level
  • Cooling: Ceiling Fan(s), Central Air, Heat Pump, Zoned
  • Water Source: County Water

Condo/Co-op/Association

  • Community Features: None
  • Hoa Subject To Dues: No
  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Lot Features: Level, Wooded
  • Lot Size Units: Acres
  • Parcel Number: 05-087-067
  • Zoning: R
  • Development Status: Completed
  • Lot Size Acres: 1.22
  • Lot Size: 181x301x140x294
  • Lot Size Sq Ft: 53143
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R2

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 1, 2023
Sold by
Huang Katherine Wei
Bought by
Huang Katherine Wei and Wang Peng
Current Estimated Value
$932,649

Purchase Details

Listed on
Oct 19, 2022
Closed on
Apr 24, 2023
Sold by
Osborne Frank E and Osborne Jennifer L
Bought by
Huang Katherine Wei
Seller's Agent
Mark Hatcher
RE/MAX Executive
Buyer's Agent
Wendy Hou
Allison & Associates Realty, LLC
List Price
$1,100,000
Sold Price
$966,000
Premium/Discount to List
-$134,000
-12.18%
Views
120

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.40%
Original Mortgage
$666,000
Interest Rate
6.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 12, 2016
Sold by
Osborne Frank E
Bought by
Osborne Frank E and Osborne Jennifer L

Purchase Details

Closed on
May 26, 2006
Sold by
Norwood Larry and Norwood Susan B
Bought by
Osborne Frank E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
6.44%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 21, 2005
Sold by
Norwood Tammy G and Weeks Lisa N
Bought by
Norwood Larry and Norwood Susan B

Purchase Details

Closed on
Jun 4, 2002
Sold by
Norwood Larry
Bought by
Norwood Linda Gail
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
Huang Katherine Wei -- None Listed On Document
Huang Katherine Wei $966,000 None Listed On Document
Osborne Frank E -- None Available
Osborne Frank E $155,000 None Available
Norwood Larry -- --
Norwood Linda Gail -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Huang Katherine Wei $666,000
Previous Owner Osborne Frank E $124,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/27/2023 04/27/23 Sold $966,000 -8.0% $188 / Sq Ft
03/23/2023 03/23/23 Pending -- -- --
12/20/2022 12/20/22 Price Changed $1,050,000 -4.5% $204 / Sq Ft
10/19/2022 10/19/22 For Sale $1,100,000 -- $214 / 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 $4,942 $482,000 $47,400 $434,600
2023 $4,892 $482,000 $47,400 $434,600
2022 $4,892 $482,000 $47,400 $434,600
2021 $4,884 $482,000 $47,400 $434,600
2020 $2,586 $330,110 $25,710 $304,400
2019 $3,863 $330,110 $25,710 $304,400
2018 $2,593 $330,110 $25,710 $304,400
2017 $3,515 $297,300 $25,700 $271,600
2016 $3,455 $297,310 $25,710 $271,600
2015 $2,422 $297,310 $25,710 $271,600
2014 $1,914 $272,550 $53,420 $219,130
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3909804

Canopy MLS (Canopy Realtor® Association)

APN: 05-087-067