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506 Springwood Drive
506 Springwood Drive
$597,823 (our value guesstimate)
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Waxhaw, NC 28173 ▪  (MLS # 3125588)
3-car garage  ▪   Built: 2005
5 bed  ▪  3 full bath  ▪  2,950 Sq Ft
Sold for $328,000 on May 20, 2016
506 Springwood Drive
$597,823 (our value guesstimate)
Waxhaw, NC 28173 ▪  (MLS # 3125588)
3-car garage  ▪   Built: 2005
5 bed  ▪  3 full bath  ▪  2,950 Sq Ft
Sold for $328,000 on May 20, 2016
SOLD MAY 20, 2016
 
$328,000  (sales price)
5 bed  ▪  3 full bath  ▪  2,950 Sq Ft
506 Springwood Drive
Waxhaw, NC 28173 (MLS # 3125588)
.5 acres  ▪   Built: 2005
Subdivision: Wesley Oaks
Waxhaw, NC / 28173

Our Value Guesstimate (from Computer Algorithm): $597,823

Our computer algorithm has estimated that this home would be likely to sell in a range between $508,150 and $687,496.
Sale Details
Sales Price: $328,000
Closed: May 20, 2016 (2,869 days ago)
List Price: $334,800
Sold for: 98% of list price
Cumulative Days on Market: 121
Price/Sq Ft: $111
Remarks - 506 Springwood Drive
(from previous listing) This beautiful home features welcoming courtyard gardens, 5 BR, 3 BA, bonus sunroom, large vaulted family room, cook's kitchen with gas range, 3-car side loading garage, all on a fenced, wooded 1/2 acre lot. The backyard includes a custom pergola, paved patio with fire pit, stone rainwall, and a wood deck for cooking and al fresco dining.
General Info - MLS # 3125588
Parking: Attached, Carport - 3+ Car, Garage - 3+ Car
Year Built: 2005
Listing Status: Sold
Property Type: Single Family Home
Location: Waxhaw / Union County
Lot Size: .5 acres
Area Schools
10/10
Wesley Chapel Elementary School
Distance: 1.5 mi
10/10
Weddington Middle School
Distance: 1.8 mi
10/10
Weddington High School
Distance: 1.8 mi

*School ratings sourced from CarolinaSchoolHub. To verify enrollment eligibility, please contact the school directly.
Neighborhood Info
Subdivision: Wesley Oaks
Community Features: Club House, Playground, Pool
Listing History
05/20/2016: MLS Sold for $328,000 (Canopy MLS)
Cumulative Days on Market: 121
More details

1% List Fee for Sellers

We offer full-service listing services for 1% when you buy and sell.

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Inquire about getting a more precise estimate on your home's value from one of our experienced agents


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See Sold Homes in Wesley Oaks
SOLD AUG 22, 2023
Sold for $216/Sq Ft & 109% of list
2 cumulative days on market
$755,000 (sales price)
5 bed  ▪  3 full & 1 h. bath  ▪  3,495 SqFt
805 Springwood Dr
Waxhaw, NC 28173
Wesley Oaks
0.5 mi.

SOLD JUN 28, 2023
Sold for $215/Sq Ft & 105% of list
0 cumulative days on market
$685,000 (sales price)
5 bed  ▪  3 full & 1 h. bath  ▪  3,188 SqFt
404 Palmerston Ln
Waxhaw, NC 28173
Wesley Oaks
0.6 mi.

SOLD JUN 12, 2023
Sold for $192/Sq Ft & 100% of list
36 cumulative days on market
$599,990 (sales price)
5 bed  ▪  2 full & 1 h. bath  ▪  3,124 SqFt
6312 Crosshall Pl
Waxhaw, NC 28173
Wesley Oaks
0.2 mi.

Neighborhood Summary (single family)
Wesley Oaks

Sales in:

Median $ / Sq Ft (single family)
Wesley Oaks




28173 ZIP Code Trends
28173 ZIP Code Trends

OUR RATING: MOST COMPETITIVE

In Our ZIP Code Analysis (updated daily), we found that 28173 is the 8th most competitive area for buyers out of 66 ZIP codes analyzed in the Charlotte metro area.

In the 28173 ZIP code, for the past 90 days the following trends have occurred for previously owned homes listed in the Canopy MLS:

8
Median Days
Until Pending
Homes (that actually sold) went under contract after a median of 8 cumulative days on market in the 28173 area. Compare this with the Charlotte metro area median of 17 days on market.

37%
Of Recently Sold Homes
Over Asking Price
37% of previously owned 28173-area homes sold over the asking price (versus 25% of all homes in the Charlotte metro area). See examples of sold homes selling over asking in 28173.

67%
of Available Homes
Are Under Contract
67% of previously owned 28173-area homes are under contract – compared with 49% of all homes in the Charlotte metro area.

Price Per Square Foot Change
Period 28173 Area Metro Area
1-year + 2% + 3%
2-year + 5% + 2%
5-year +70% +66%
The price per square foot of 28173-area re-sale homes has increased by approximately 70% over the past 5 years (versus a 66% increase for the entire Charlotte metro area). Homes have been selling at a median of $223 per square foot in 28173 over the past 90 days - as compared to $212 for the entire metro area.

8
Median Days
Until Pending

Homes (that actually sold) went under contract after a median of 8 cumulative days on market in the 28173 area. Compare this with the Charlotte metro area median of 17 days on market.

36%
Of Recently Sold Homes
Over Asking Price

36% of previously owned 28173-area homes sold over the asking price (versus 25% of all homes in the Charlotte metro area). See examples of sold homes selling over asking in 28173.

Price Per Square Foot Change
Period 28173
Area
Metro
Area
1-year + 2% + 3%
2-year + 5% + 2%
5-year +70% +66%

The price per square foot of 28173-area re-sale homes has increased by approximately 70% over the past 5 years (versus a 66% increase for the entire Charlotte metro area). Homes have been selling at a median of $223 per square foot in 28173 over the past 90 days - as compared to $212 for the entire metro area.

67%
of Available Homes
Are Under Contract

67% of previously owned 28173-area homes are under contract – compared with 49% of all homes in the Charlotte metro area.



Our Value Guesstimate: $597,823

Our computer algorithm has estimated that this home would be likely to sell in a range between $508,150 and $687,496.


Sale Details
Sales Price: $328,000
Closed: May 20, 2016 (2,869 days ago)
List Price: $334,800
Sold for: 98% of list price
Cumulative Days on Market: 121
Price/Sq Ft: $111
Remarks
(from previous listing) This beautiful home features welcoming courtyard gardens, 5 BR, 3 BA, bonus sunroom, large vaulted family room, cook's kitchen with gas range, 3-car side loading garage, all on a fenced, wooded 1/2 acre lot. The backyard includes a custom pergola, paved patio with fire pit, stone rainwall, and a wo ...
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General Info - MLS 3125588
Parking: Attached, Carport - 3+ Car, Garage - 3+ Car
Year Built: 2005
Listing Status: Sold
Property Type: Single Family Home
Location: Waxhaw / Union County
Lot Size: .5 acres

Neighborhood Info
Subdivision: Wesley Oaks
Community Features: Club House, Playground, Pool
Listing History
05/20/2016: MLS Sold for $328,000 (Canopy MLS)
Cumulative Days on Market: 121
More details

Area Schools
10/10
Wesley Chapel Elementary School
Distance: 1.5 mi
10/10
Weddington Middle School
Distance: 1.8 mi
10/10
Weddington High School
Distance: 1.8 mi

*School ratings sourced from CarolinaSchoolHub. To verify enrollment eligibility, please contact the school directly.


  More Home Details
  Map / Satellite View

1% List Fee for Sellers

We offer full-service listing services for 1% when you buy and sell.

Are You the Owner?

Inquire about getting a more precise estimate on your home's value from one of our experienced agents


 



1% List Fee for Sellers

We offer full-service listing services for 1% when you buy and sell.

Are You the Owner?

Inquire about getting a more precise estimate on your home's value from one of our experienced agents




1% List Fee for Sellers

We offer full-service listing services for 1% when you buy and sell.

1% List Fee for Sellers

We offer full-service listing services for 1% when you buy and sell.
If you’re looking to sell a home in the Wesley Oaks neighborhood, we’d be happy to discuss this with you. We can also assist homebuyers and sellers in neighborhoods nearby, including Blackstone, The Glen At Wesley Oaks, and The Estates At Wesley Oaks.



CDS Data Share Based on information submitted to the MLS GRID as of 03/28/2024. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. School assignments should be verified and are subject to change. Properties may or may not be listed by the office/agent presenting the information. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Properties reported may be listed or sold by various participants in the MLS. Copyright© 2024 Canopy Multiple Listing Services, Inc. All rights reserved.