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5050 Oakmere Road

5050 Oakmere Road, Waxhaw, NC 28173
Property in Union
Sold May 17, 2021
$460,000
$356,125 by Atlantic Bay Mortgage Group Ll
Mortgage Due Jun 01, 2051
Sold Mar 26, 2019
$331,000
$285,500 by Jpmorgan Chase Bank Na
Mortgage Due Apr 01, 2049
5050 Oakmere Road in Waxhaw, NC was first built in 2018 and is 6 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 6 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 5050 Oakmere Road has 3,209 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 8,233 square feet.

Learn more about the property and building on this page. There is a open porch. The home has a gable style roof. For those who need parking, there is a attached garage. The garage is 448 sqft. 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 C+. The condition of the building has been evaluated as average. 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. 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, 5050 Oakmere Road sold most recently in Apr 20, 2021 for a total of $460,000. If you work out the math, that's approximately a cost of $143.35 per sqft. Before that, the property was also sold for $331,000 in Mar 25, 2019. 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 $3,805 in taxes each year. 5050 Oakmere Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $374,900. If we break it down further, the land itself was valued at $70,900. Improvements to the property, however, were assessed at a total of $304,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.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: 2018
  • Effective Year Built: 2018
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C+
  • Construction Type: Wood
  • Roof Shape Type: Gable
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 448
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 8,233
  • Total Building Area: 3,209
  • Building Area: 3,209
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 3,209
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MILLBRIDGE
  • Land Acres: 0.189
  • Standard Land Use Code: Rural/agricultural residence
  • Legal Description 1: #1943 MILLBRIDGE PH8 MAP2

Ownership

  • Current Owner : PEARSON ALLISON IRENE SHOPE
  • Previous Owner : HARDISTY NICOLE L
  • Previous Owner 2: HARDISTY COREY E
  • Owner Before Previous Owner: D R HORTON INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: CU R-4 PRD

Geography

  • District: 5
  • Parcel: 05-138-407
  • Municipality: JACKSON TWP
  • Latitude: 34.9281
  • Longitude: -80.7641

    Address

  • Full Address: 5050 Oakmere Rd
  • Address - House Number: 5050
  • Address - Street Name: Oakmere
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Waxhaw
  • Carrier Code: R035
  • 4-Digit Zip Code: 0296
  • Zip Code: 28173

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,805
  • Tax Rate Code Area: 528

    Appraisal Valuation

  • Standard Deviation: 0.1559
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 80
  • Final Value: 610,798
  • High Value: 706,026
  • Low Value: 515,569

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $356,125
  • First Open Lien Mortgage Lender: ATLANTIC BAY MORTGAGE GROUP LL
  • First Open Lien Mortgage Recording Date: May 17, 2021
  • First Open Lien Mortgage Loan Amount: $356,125
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2051

    Market Valuation

  • Market Total Value: $374,900
  • Market Land Value: $70,900
  • Market Improvement Value: $304,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $374,900
  • Assessed Land Value: $70,900
  • Assessed Improvements Value: $304,000

    Sales

  • Current Sale Contract Date: Apr 20, 2021
  • Current Sale Recording Date: May 17, 2021
  • Current Sale Transaction ID: 11835690141
  • Current Sale Price: $460,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 23334
  • Previous Sale Recording Date: Mar 26, 2019
  • Previous Sale Contract Date: Mar 25, 2019
  • Previous Sale Amount: $331,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ATLANTIC BAY MORTGAGE GROUP LL
  • First Mortgage Transaction Date: May 17, 2021
  • First Mortgage Loan Amount: $356,125
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jun 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: JPMORGAN CHASE BANK NA
  • Previous Mortgage Transaction Date: Mar 26, 2019
  • Previous Mortgage Loan Amount: $285,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Apr 01, 2049

About Waxhaw



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Nearby Rentals

Unit for rent at 4309 Overbecks Lane, Waxhaw, NC, 28173

$2,995 /mo

  • 4 Beds
  • 2.5 Baths
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4309 Overbecks Lane, Waxhaw, NC, 28173 Listing by Jay Bogdanovich

Frequently Asked Questions

What neighborhood is 5050 Oakmere Road located in?
The 5050 Oakmere Road is a located in the neighborhood of Union in Waxhaw, Waxhaw.
What is the average sales price for listings in 5050 Oakmere Road?
The average sales price for units in 5050 Oakmere Road is $0 currently.

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