NOT LISTED FOR SALE

Estimated Value: $497,870 - $739,000

8 Acres
$70,348 Price per Acre
365,468 Sq Ft Lot

Last Sold August 29, 2022

Last sale price $475,000

Est. 24% increase in value since last sale

Current estimated payment $3,801/month

198 Days on Market

Highlights

  • Pier or Dock
  • Fitness Center
  • Community Lake
  • Access To Lake
  • Waterfront
  • Wooded Lot

About This Lot

As of August 2022

Your Lake Wylie private dream home estate awaits on this 8.39-acre waterfront lot with 163 feet of shoreline. This amazing lot is only minutes from shopping, restaurants, businesses and I-485. Charlotte Douglas International Airport is only 12 miles away. The Sanctuary community has tennis courts, an outdoor pool, extensive walking trails and sidewalks. Back on the market due to no fault of the seller. So do not miss this opportunity for waterfront land.

Last Agent to Sell the Property

Amy Petrenko

Premier Sotheby's International Realty License #289896 Listed on: 02/12/2022

Premier Sotheby's International Realty

Co-Listed By

Vic Petrenko

Premier Sotheby's International Realty License #289897

Last Buyer's Agent

Kevin Fu

Paragon Real Estate Group License #263519

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,145

Lot Details

  • Lot Dimensions are 574' x 811' x 487' x 1075'
  • Waterfront
  • Sloped Lot
  • Wooded Lot
  • Possible uses of the property include Residential
  • Zoning described as MX1INNOV

HOA Fees

  • $406 Monthly HOA Fees

Utilities

  • Underground Utilities
  • Septic Equal To The Number Of Bedrooms: 5
  • Septic Needed

Listing and Financial Details

  • Assessor Parcel Number 199-371-18

Community Details

Overview

  • The Sanctuary Subdivision
  • Mandatory home owners association
  • Community Lake

Recreation

  • Pier or Dock
  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Trails
  • Access To Lake

Property Details

Property Type

Land

Est. Annual Taxes

$3,145

Lot Details

0

HOA Fees

$406 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Lots/Acres/Farms
  • Habitable Residence Yn: No
  • Ratio Current Price By Acre: 56601.53
  • Restrictions: Architectural Review,Manufactured Home Not Allowed,Modular Not Allowed
  • Restrictions Description: CCRS
  • Road Frontage Type: Paved Road, Private Maintained Road
  • Road Surface Type: Paved
  • Structure Type: Lot
  • ResoPropertyType: Land
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Basement
  • Fixture Exception Yn: 0
  • Possible Use: Residential

Exterior Features

  • Exterior Features: Underground Power Lines
  • Tax Location: No City Taxes Paid
  • Construction Type: Site Built
  • Wooded Acres: 5.00
  • Water Body Name: Lake Wylie
  • Waterfront Features: Paddlesport Launch Site - Community, Pier - Community

Utilities

  • Sewer: Septic Needed
  • Bedrooms Septic: 5
  • Utilities: Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Fitness Center, Lake, Lake Access, Outdoor Pool, Sidewalks, Tennis Court(s), Walking Trails
  • Association Fee: 1217
  • Association Fee Frequency: Quarterly
  • Hoa Subject To Dues: Mandatory
  • ResoAssociationFeeFrequency: Quarterly

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: Required
  • CAR_YearlyHOAExpense: 4868.00

Lot Info

  • Lot Features: Sloped, Wooded, Views, Waterfront
  • Lot Size Area: 8.392
  • Lot Size Units: Acres
  • Parcel Number: 199-371-18
  • Out Buildings Yn: 0
  • Plat Book Slide: M42-621
  • Can Be Subdivided: 0
  • Cleared Acres: 3.00
  • Lot Size: 574' x 811' x 487' x 1075'
  • Zoning Description: MX1INNOV
  • ResoLotSizeUnits: Acres

Tax Info

  • RATIO List Price By Tax Amount: 1.35473

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2022
Closed on
Aug 24, 2022
Sold by
Stanley Smith Mark
Bought by
Ye Wenqiang
Seller's Agent
Amy Petrenko
Premier Sotheby's International Realty
Buyer's Agent
Kevin Fu
Paragon Real Estate Group
List Price
$489,000
Sold Price
$475,000
Premium/Discount to List
-$14,000
-2.86%
Total Days on Market
198
Current Estimated Value
$590,218

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,218
Avg. Annual Appreciation
4.41%

Purchase Details

Listed on
Feb 10, 2021
Closed on
Apr 5, 2021
Sold by
Jgalt Llc
Bought by
Smith Mark Stanley
Seller's Agent
Brandi Carter
Keller Williams Ballantyne Area
Buyer's Agent
Brandi Carter
Keller Williams Ballantyne Area
List Price
$400,000
Sold Price
$385,000
Premium/Discount to List
-$15,000
-3.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.31%
Original Mortgage
$200,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 12, 2015
Sold by
Crescent Communities Llc
Bought by
Jgalt Llc

Purchase Details

Closed on
Apr 29, 2011
Sold by
Crm Mid Atlantic Properties Llc
Bought by
Jgalt Llc

Purchase Details

Closed on
Mar 19, 2010
Sold by
Suntrust Bank
Bought by
Crm Mid Atlantic Properties Llc

Purchase Details

Closed on
Jan 7, 2010
Sold by
Lakeland Luxury Inc
Bought by
Suntrust Bank

Purchase Details

Closed on
Apr 8, 2005
Sold by
The Sanctuary At Lake Wylie Llc
Bought by
Lakeland Luxury Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$555,000
Interest Rate
5.74%
Mortgage Type
Unknown
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
Ye Wenqiang $475,000 --
Smith Mark Stanley $385,000 None Available
Jgalt Llc -- None Available
Jgalt Llc $425,000 None Available
Crm Mid Atlantic Properties Llc -- None Available
Suntrust Bank $315,000 None Available
Lakeland Luxury Inc $740,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ye Wenqiang $1,810,000
Previous Owner Smith Mark Stanley $200,000
Previous Owner Lakeland Luxury Inc $555,000
Closed Lakeland Luxury Inc $185,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2022 08/29/22 Sold $475,000 -4.6% --
02/18/2022 02/18/22 Price Changed $498,000 +1.8% --
02/12/2022 02/12/22 For Sale $489,000 +27.0% --
04/08/2021 04/08/21 Sold $385,000 -3.8% --
02/18/2021 02/18/21 Pending -- -- --
02/10/2021 02/10/21 For Sale $400,000 -- --
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
2023 $3,145 $464,100 $464,100 $0
2022 $6,965 $367,600 $367,600 $0
2021 $3,217 $367,600 $367,600 $0
2020 $3,198 $367,600 $367,600 $0
2019 $3,168 $367,600 $367,600 $0
2018 $6,965 $623,100 $623,100 $0
2017 $6,918 $623,100 $623,100 $0
2016 $6,836 $623,100 $623,100 $0
2015 -- $767,900 $767,900 $0
2014 $9,860 $922,000 $922,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3828861

Canopy MLS (Canopy Realtor® Association)

APN: 199-371-18