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1640 Great Road

1640 Great Road, Waxhaw, NC 28173
Property in Union
Sold Sep 30, 2020
$435,000
$348,000 by Truist Bank
Mortgage Due Oct 01, 2050
Sold Dec 01, 2016
$360,500
$288,051 by Universal American Mortgage Co
Mortgage Due Dec 01, 2046
Local assessors in Waxhaw, NC have categorized 1640 Great Road as a residential type of property. The home was built in 2016 and is 8 years old. The property's lot size has been calculated to be 15,290 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 rooms in the home. Of these, 5 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 4 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1640 Great Road has a total of 2,762 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 440 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C+. The building has a gable style roof. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Sep 23, 2020 for $435,000. That's $157.49 per sqft. Prior to that sales transaction, the property was also sold in Nov 30, 2016 for $360,500. 1640 Great Road was last assessed in 2023. The total value of the property was assessed at $414,400. Specifically, the land the property is located on was valued at $96,600. While improvements on the property were assessed at a total of $317,800. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $4,206. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2016
  • Effective Year Built: 2016
  • Total Rooms: 7
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Quality: C+
  • Construction Type: Wood
  • Building Style: Conventional
  • Roof Shape Type: Gable
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 440
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 15,290
  • Total Building Area: 2,762
  • Building Area: 2,762
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,762
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LAWSON
  • Land Acres: 0.351
  • Standard Land Use Code: Rural/agricultural residence
  • Legal Description 1: #1006 LAWSON PH3 MAP7 OPC

Ownership

  • Current Owner : PHILLIPS ANDREW P
  • Current Owner 2: PHILLIPS KELLY J
  • Previous Owner : SIMMONS MICHAEL JOHN
  • Previous Owner 2: SIMMONS ALICIA ANN
  • Owner Before Previous Owner: LENNAR CAROLINAS LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Union County Public Schools
  • Census Tract: 021009

Zoning

  • Zoning: CU R-3 PRD

Geography

  • District: 6
  • Parcel: 06-135-269
  • Municipality: SANDY RIDGE TWP
  • Latitude: 34.9689
  • Longitude: -80.7455

    Address

  • Full Address: 1640 Great Rd
  • Address - House Number: 1640
  • Address - Street Name: Great
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Waxhaw
  • Carrier Code: R031
  • 4-Digit Zip Code: 9987
  • Zip Code: 28173

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,206
  • Tax Rate Code Area: 528

    Appraisal Valuation

  • Standard Deviation: 0.1559
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 80
  • Final Value: 657,087
  • High Value: 759,533
  • Low Value: 554,642

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $348,000
  • First Open Lien Mortgage Lender: TRUIST BANK
  • First Open Lien Mortgage Recording Date: Sep 30, 2020
  • First Open Lien Mortgage Loan Amount: $348,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2050

    Market Valuation

  • Market Total Value: $414,400
  • Market Land Value: $96,600
  • Market Improvement Value: $317,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $414,400
  • Assessed Land Value: $96,600
  • Assessed Improvements Value: $317,800

    Sales

  • Current Sale Contract Date: Sep 23, 2020
  • Current Sale Recording Date: Sep 30, 2020
  • Current Sale Transaction ID: 11790530422
  • Current Sale Price: $435,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 39334
  • Previous Sale Recording Date: Dec 01, 2016
  • Previous Sale Contract Date: Nov 30, 2016
  • Previous Sale Amount: $360,500
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: TRUIST BANK
  • First Mortgage Transaction Date: Sep 30, 2020
  • First Mortgage Loan Amount: $348,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: UNIVERSAL AMERICAN MORTGAGE CO
  • Previous Mortgage Transaction Date: Dec 01, 2016
  • Previous Mortgage Loan Amount: $288,051
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Dec 01, 2046

About Waxhaw



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Frequently Asked Questions

What neighborhood is 1640 Great Road located in?
The 1640 Great Road is a located in the neighborhood of Union in Waxhaw, Waxhaw.
What is the average sales price for listings in 1640 Great Road?
The average sales price for units in 1640 Great Road is $0 currently.

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