NOT LISTED FOR SALE

9505 Lancaster Hwy Waxhaw, NC 28173

Estimated Value: $304,000 - $1,252,269

66.3 Acres
$10,856 Price per Acre
2,888,028 Sq Ft Lot

Last Sold September 13, 2023

Last sale price $1,150,000

Est. 37% decrease in value since last sale

Current estimated payment $3,887/month

375 Days on Market

Highlights

  • 66.3 Acre Lot
  • Private Lot
  • No HOA
  • Waxhaw Elementary School Rated A-
  • Wooded Lot
  • Shed

About This Lot

As of September 2023

Looking for privacy in a property on which to build, this is it. Some trees, some open land. You can farm it, build homes for you and your family, make a country playground for 4 wheelers and dirt bikes, raise horses...you name it. As you well know, Waxhaw is a growing area, and parcels this size will not last long. Land has been tested for septic, see attachments. Road frontage is over 1,300 ft.

Last Agent to Sell the Property

Jim Raborn

Jim Raborn Real Estate, LLC License #133053 Listed on: 08/01/2022

Last Buyer's Agent

Lisa Giovanniello

Farms & Estates Realty Inc License #200210

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $629

Lot Details

  • 66.3 Acre Lot
  • Lot Dimensions are 1387x402x491x164x1375x1292x521
  • Property fronts a state road
  • Private Lot
  • Paved or Partially Paved Lot
  • Wooded Lot
  • Possible uses of the property include Farm, Horses, Multi-Family, Private Estate, Subdevelopment
  • Property is zoned RA-40

Utilities

  • Septic Needed

Listing and Financial Details

  • Assessor Parcel Number 05-101-011
  • Tax Block 732

Community Details

Overview

  • No Home Owners Association
  • Simpson Farms Subdivision

Recreation

  • Shed

Property Details

Property Type

Land

Est. Annual Taxes

$629

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Acreage
  • Habitable Residence Yn: No
  • Restrictions: No Restrictions
  • Special Assessment Yn: 0
  • Road Frontage Type: State Road
  • Road Surface Type: Paved
  • ResoPropertyType: Land
  • Special Features: None

Interior Features

  • Possible Use: Farm, Horses, Multi-Family, Private Estate, Subdevelopment
  • Room Count: 0

Exterior Features

  • Road Frontage: 1387
  • Other Structures: Shed(s), Other - See Remarks

Garage/Parking

  • Garage Yn: No
  • Open Parking: No

Utilities

  • Sewer: Septic Needed
  • Utilities: Electricity Connected, Phone Connected
  • Water Source: None

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Lot Features: Paved, Private, Wooded
  • Lot Size Area: 66.3
  • Lot Size Units: Acres
  • Parcel Number: 05-101-011
  • Zoning: RA-40
  • Plat Book Slide: 7061
  • Can Be Subdivided: 0
  • Lot Size Acres: 66.3
  • Lot Size: 1387x402x491x164x1375x1292x521
  • Lot Size Sq Ft: 2888028
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RA-40

Tax Info

  • Tax Block: 732

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 3, 2024
Sold by
Hidden Acres Waxhaw Llc
Bought by
R & B Land Enterprises Llc
Current Estimated Value
$719,756

Purchase Details

Listed on
Aug 1, 2022
Closed on
Sep 11, 2023
Sold by
Ye Wenqiang and Ye Shouling
Bought by
Hidden Acres Waxhaw Llc
Seller's Agent
Jim Raborn
Jim Raborn Real Estate, LLC
Buyer's Agent
Lisa Giovanniello
Farms & Estates Realty Inc
List Price
$1,420,000
Sold Price
$1,150,000
Premium/Discount to List
-$270,000
-19.01%
Views
357

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-20.98%
Original Mortgage
$700,000
Interest Rate
6.9%
Mortgage Type
New Conventional
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
R & B Land Enterprises Llc $315,000 None Listed On Document
Hidden Acres Waxhaw Llc -- None Listed On Document
Hidden Acres Waxhaw Llc $1,150,000 None Listed On Document
Hidden Acres Waxhaw Llc $1,150,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grim Sean Alan $225,000
Previous Owner Hidden Acres Waxhaw Llc $700,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/13/2023 09/13/23 Sold $1,150,000 -4.2% --
09/30/2022 09/30/22 Price Changed $1,200,000 -15.5% --
08/01/2022 08/01/22 For Sale $1,420,000 -- --
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 $629 $98,600 $95,600 $3,000
2023 $3,351 $533,700 $530,700 $3,000
2022 $3,351 $533,700 $530,700 $3,000
2021 $3,292 $533,700 $530,700 $3,000
2020 $2,929 $379,720 $376,420 $3,300
2019 $2,785 $379,720 $376,420 $3,300
2018 $2,826 $385,250 $381,950 $3,300
2017 $3,019 $385,300 $382,000 $3,300
2016 $2,959 $385,250 $381,950 $3,300
2015 $2,998 $385,250 $381,950 $3,300
2014 $6,620 $994,600 $991,980 $2,620
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3891721

Canopy MLS (Canopy Realtor® Association)

APN: 05-101-011