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1508 Look Out Circle

1508 Look Out Circle, Waxhaw, NC 28173
Property in Union
Sold May 14, 2021
$1,125,000
$200,000 by Premia Mortgage Llc
Mortgage Due Jun 01, 2036
Sold May 23, 2006
$907,500
$400,000 by Wells Fargo Bank Na
Mortgage Due Jun 01, 2036
1508 Look Out Circle in Waxhaw, NC was first built in 2004 and is 20 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a conventional style. There are a total of 2 floors. There are a total of 7 rooms in the home, of which, 5 are bedrooms. In terms of bathrooms, there are a total of 4 full bathrooms. There are 5 partial bathrooms. 1508 Look Out Circle has 6,091 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 29,795 square feet.

Learn more about the property and building on this page. There is a open porch. The home has a hip style roof made of composition shingle. For those who need parking, there is a attached garage. The garage is 897 sqft. There are a total of 4 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of A+. The condition of the building has been evaluated as average. The exterior walls of the home are made of brick. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a forced air unit and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1508 Look Out Circle sold most recently in May 13, 2021 for a total of $1,125,000. If you work out the math, that's approximately a cost of $184.70 per sqft. Before that, the property was also sold for $907,500 in May 22, 2006. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $6,538 in taxes each year. 1508 Look Out Circle was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,045,300. If we break it down further, the land itself was valued at $245,000. Improvements to the property, however, were assessed at a total of $800,300. The property's total market value has been marked the same as the total assessed value which is pretty typical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Total Rooms: 7
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: Average
  • Building Quality: A+
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Brick
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 897
  • Parking Space Count: 4
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 29,795
  • Total Building Area: 6,091
  • Gross Building Area: 6,988
  • Building Area: 6,091
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 6,091
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FINCHER VALLEY
  • Land Acres: 0.684
  • Standard Land Use Code: Rural/agricultural residence
  • Legal Description 1: #67 FINCHER VALLEY MP1 OP

Ownership

  • Current Owner : BARRAGAN EDUARDO
  • Current Owner 2: BARRAGAN NATALIA
  • Previous Owner : BUJALSKI EDMUND C
  • Previous Owner 2: BUJALSKI DOLORES S
  • Owner Before Previous Owner: HOLEVAS & HOLTON CONSTRUCTION

Neighborhood

  • School District Name: Union County Public Schools
  • Census Tract: 021013

Zoning

  • Zoning: R-40 UNION

Geography

  • District: 6
  • Parcel: 06-228-150
  • Municipality: SANDY RIDGE TWP
  • Latitude: 34.9838
  • Longitude: -80.8111

    Address

  • Full Address: 1508 Lookout Cir
  • Address - House Number: 1508
  • Address - Street Name: Lookout
  • Address - Suffix Type: Cir
  • State: NC
  • City Name: Waxhaw
  • Zip Code: 28173

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,538
  • Tax Rate Code Area: 926

    Appraisal Valuation

  • Standard Deviation: 0.1559
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 80
  • Final Value: 1,522,665
  • High Value: 1,760,062
  • Low Value: 1,285,269

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $200,000
  • First Open Lien Mortgage Lender: PREMIA MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: May 14, 2021
  • First Open Lien Mortgage Loan Amount: $200,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2036

    Market Valuation

  • Market Total Value: $1,045,300
  • Market Land Value: $245,000
  • Market Improvement Value: $800,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,045,300
  • Assessed Land Value: $245,000
  • Assessed Improvements Value: $800,300

    Sales

  • Current Sale Contract Date: May 13, 2021
  • Current Sale Recording Date: May 14, 2021
  • Current Sale Transaction ID: 11835691692
  • Current Sale Price: $1,125,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 23102
  • Previous Sale Recording Date: May 23, 2006
  • Previous Sale Contract Date: May 22, 2006
  • Previous Sale Amount: $907,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PREMIA MORTGAGE LLC
  • First Mortgage Transaction Date: May 14, 2021
  • First Mortgage Loan Amount: $200,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2036

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: May 23, 2006
  • Previous Mortgage Loan Amount: $400,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • Previous Mortgage Loan Due Date: Jun 01, 2036

About Union



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Frequently Asked Questions

What neighborhood is 1508 Look Out Circle located in?
The 1508 Look Out Circle is a located in the neighborhood of Union in Union, Waxhaw.
What is the average sales price for listings in 1508 Look Out Circle?
The average sales price for units in 1508 Look Out Circle is $0 currently.

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