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701 Jerry Lane

701 Jerry Lane, Waxhaw, NC 28173
Property in Union
Sold Apr 24, 2019
$1,600,000
Sold Feb 22, 2006
$170,000
$3,000,000 by Wachovia Bank Na
Mortgage
701 Jerry Lane in Waxhaw, NC was first built in 1988 and is 36 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. It is a single story home. There are a total of 3 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 701 Jerry Lane has 1,092 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 13,504 square feet.

Learn more about the property and building on this page. There is a open porch. The home has a gable style roof made of composition shingle. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. 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. The exterior walls of the home are made of wood siding. 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 heat pump. 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 701 Jerry Lane was last sold in Apr 24, 2019 for $1,600,000. According to our calculations, that's $1,465.20 per sqft. Prior to that sales transaction, the property was sold for $170,000 in Feb 21, 2006. Current property owners are expected to pay $1,765 in taxes per year. The property on 701 Jerry Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $173,900. To break that down further, the land itself was valued at $49,700. While improvements to the property were assessed at a total of $124,200. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. 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!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Total Rooms: 3
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C-
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Wood siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 13,504
  • Total Building Area: 1,092
  • Gross Building Area: 1,092
  • Building Area: 1,092
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 1,092
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: HILLCREST TWNSHP 5
  • Land Acres: 0.31
  • Standard Land Use Code: Rural/agricultural residence
  • Legal Description 1: #2 BLKG HILLCREST & P/CLO

Ownership

  • Current Owner : MURRAY KEVIN D
  • Current Owner 2: MURRAY MARTHA R
  • Previous Owner : MURRAY FAMILY LLC
  • Owner Before Previous Owner: A PERIN CONSTRUCTION CO LLC
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Union County Public Schools
  • Census Tract: 021014

Zoning

  • Zoning: R-3 WAXHAW

Geography

  • District: 5
  • Parcel: 05-114-047
  • Block: G
  • Municipality: JACKSON TWP
  • Latitude: 34.9182
  • Longitude: -80.744

    Address

  • Full Address: 701 Jerry Ln
  • Address - House Number: 701
  • Address - Street Name: Jerry
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Waxhaw
  • Carrier Code: R005
  • 4-Digit Zip Code: 9343
  • Zip Code: 28173

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,765
  • Tax Rate Code Area: 528

    Appraisal Valuation

  • Standard Deviation: 0.1497
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 81
  • Final Value: 282,254
  • High Value: 324,530
  • Low Value: 239,979

    Market Valuation

  • Market Total Value: $173,900
  • Market Land Value: $49,700
  • Market Improvement Value: $124,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $173,900
  • Assessed Land Value: $49,700
  • Assessed Improvements Value: $124,200

    Sales

  • Current Sale Contract Date: Apr 24, 2019
  • Current Sale Recording Date: Apr 24, 2019
  • Current Sale Transaction ID: 11602068040
  • Current Sale Price: $1,600,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 0010678
  • Previous Sale Recording Date: Feb 22, 2006
  • Previous Sale Contract Date: Feb 21, 2006
  • Previous Sale Amount: $170,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MURRAY FAMILY LLC
  • First Mortgage Transaction Date: Apr 24, 2019
  • First Mortgage Loan Amount: $853,303
  • First Mortgage Terms: 79
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Dec 01, 2025

    Previous Mortgages

  • Previous Mortgage Lender: WACHOVIA BANK NA
  • Previous Mortgage Transaction Date: Feb 22, 2006
  • Previous Mortgage Loan Amount: $3,000,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

About Waxhaw



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Nearby Rentals

Unit for rent at 115 Brevard Street, Waxhaw, NC, 28173

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Unit for rent at 3001 Deep River Way, Waxhaw, NC, 28173

$2,500 /mo

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3001 Deep River Way, Waxhaw, NC, 28173 Listing by Anita K Wang

Frequently Asked Questions

What neighborhood is 701 Jerry Lane located in?
The 701 Jerry Lane is a located in the neighborhood of Union in Waxhaw, Waxhaw.
What is the average sales price for listings in 701 Jerry Lane?
The average sales price for units in 701 Jerry Lane is $0 currently.

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