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601 Palmerston Lane

601 Palmerston Lane, Waxhaw, NC 28173
Property in Union
Sold Apr 22, 2010
$379,000
$312,500 by Fairway Independent Mortgage C
Mortgage Due Feb 01, 2041
Sold Oct 26, 2005
$426,000
$234,142 by Wells Fargo Bank Na
Mortgage Due Nov 01, 2035
601 Palmerston Lane in Waxhaw, NC was first built in 2005 and is 19 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 5 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. 601 Palmerston Lane has 3,776 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. The basement is 1,070 sqft and has been categorized as a finished improved basement. In total, the area measurement of the land is 17,163 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 550 sqft. There are a total of 2 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 B-. The condition of the building has been evaluated as good. 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, 601 Palmerston Lane sold most recently in Apr 22, 2010 for a total of $379,000. If you work out the math, that's approximately a cost of $100.37 per sqft. Before that, the property was also sold for $426,000 in Oct 25, 2005. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $3,012 in taxes each year. 601 Palmerston Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $471,800. If we break it down further, the land itself was valued at $74,900. Improvements to the property, however, were assessed at a total of $396,900. The property's total market value has been marked the same as the total assessed value which is pretty typical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 2005
  • Effective Year Built: 2005
  • Total Rooms: 5
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: Good
  • Building Quality: B-
  • Construction Type: Wood
  • Building Style: Conventional
  • Roof Shape Type: Gable
  • Floor Count: 2
  • Basement Type: Finished improved basement
  • Basement Area: 1,070
  • Garage Type: Attached
  • Garage Square Area: 550
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 17,163
  • Total Building Area: 3,776
  • Building Area: 3,776
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 3,776
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WESLEY OAKS
  • Land Acres: 0.394
  • Standard Land Use Code: Rural/agricultural residence
  • Legal Description 1: #152 WESLEY OAKS PH1/MP2

Ownership

  • Current Owner : BECKMANN THORSTEN D
  • Current Owner 2: BECKMANN SUZANNE M
  • Previous Owner : DOLCE LAWRENCE
  • Previous Owner 2: DOLCE CARI
  • Owner Before Previous Owner: CENTEX HOMES
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Union County Public Schools
  • Census Tract: 021020

Zoning

  • Zoning: RUC WESLEY

Geography

  • District: 6
  • Parcel: 06-048-305
  • Municipality: SANDY RIDGE TWP
  • Latitude: 34.994
  • Longitude: -80.6897

    Address

  • Full Address: 601 Palmerston Ln
  • Address - House Number: 601
  • Address - Street Name: Palmerston
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Waxhaw
  • Carrier Code: R023
  • 4-Digit Zip Code: 8296
  • Zip Code: 28173

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,012
  • Tax Rate Code Area: 976

    Appraisal Valuation

  • Standard Deviation: 0.1559
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 80
  • Final Value: 820,870
  • High Value: 948,851
  • Low Value: 692,889

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $312,500
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Open Lien Mortgage Recording Date: Jan 19, 2021
  • First Open Lien Mortgage Loan Amount: $312,500
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2041

    Market Valuation

  • Market Total Value: $471,800
  • Market Land Value: $74,900
  • Market Improvement Value: $396,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $471,800
  • Assessed Land Value: $74,900
  • Assessed Improvements Value: $396,900

    Sales

  • Current Sale Contract Date: Apr 22, 2010
  • Current Sale Recording Date: Apr 22, 2010
  • Current Sale Transaction ID: 1140519861
  • Current Sale Price: $379,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 0009466
  • Previous Sale Recording Date: Oct 26, 2005
  • Previous Sale Contract Date: Oct 25, 2005
  • Previous Sale Amount: $426,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Apr 22, 2010
  • First Mortgage Loan Amount: $341,100
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2040

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Oct 26, 2005
  • Previous Mortgage Loan Amount: $234,142
  • 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: Nov 01, 2035

About Wesley Chapel



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Nearby Rentals

Unit for rent at 6102 Greengate Lane, Waxhaw, NC, 28173

$2,995 /mo

  • 4 Beds
  • 2.5 Baths
  • 2,800 ft²
6102 Greengate Lane, Waxhaw, NC, 28173 Listing by Jay Bogdanovich

Frequently Asked Questions

What neighborhood is 601 Palmerston Lane located in?
The 601 Palmerston Lane is a located in the neighborhood of Union in Wesley Chapel, Waxhaw.
What is the average sales price for listings in 601 Palmerston Lane?
The average sales price for units in 601 Palmerston Lane is $0 currently.

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