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Terra Vista Realty
5724 Caravan Lane
5724 Caravan Lane
$934,867 (our value guesstimate)
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Waxhaw, NC 28173 ▪  (MLS # 3634973)
3-car garage  ▪   Built: 2018  ▪   Primary on Main
4 bed  ▪  3 full & 1 half bath  ▪  3,626 Sq Ft
Sold for $610,000 on Oct 08, 2020
5724 Caravan Lane
$934,867 (our value guesstimate)
Waxhaw, NC 28173 ▪  (MLS # 3634973)
3-car garage  ▪   Built: 2018  ▪   Primary on Main
4 bed  ▪  3 full & 1 half bath  ▪  3,626 Sq Ft
Sold for $610,000 on Oct 08, 2020
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$610,000  (sales price)
4 bed  ▪  3 full & 1 half bath  ▪  3,626 Sq Ft
5724 Caravan Lane
Waxhaw, NC 28173 (MLS # 3634973)
2.35 acres  ▪   Built: 2018  ▪   Primary Bedroom on Main
Subdivision: Shannon Ranchettes
Waxhaw, NC / 28173

Our Value Guesstimate (from Computer Algorithm): $934,867

Our computer algorithm has estimated that this home would be likely to sell in a range between $794,637 and $1,075,097.
Sale Details
Sales Price: $610,000
Closed: Oct 8, 2020 (1,267 days ago)
List Price: $599,500
Sold for: 102% of list price
Cumulative Days on Market: 57
Price/Sq Ft: $168
Remarks - 5724 Caravan Lane
(from previous listing) GORGEOUS CUSTOM BUILD TWO STORY HOUSE LOCATED IN CUL-DE-SAC, ON LARGE CLEAR LOT WITH FRUIT TREES, HOUSE FEATURES OPEN FLOOR PLAN, 10' CEILING ON MAIN LEVEL AND 9" ON SECOND, RED OAK HARDWOOD FLOOR THROUGHOUT THE HOUSE , CUSTOM TILE AND GRANITE IN EVERY BATHROOM, BEAUTIFUL MASTER CHEF KITCHEN WITH ISLAND GRANITE COUNTER TOPS, BACK SPLASH, STAINLESS STEEL APPLIANCES, EVERY BEDROOM HAS A WALK IN CLOSETS, LOTS OF EXTRA SPACES, TANKLESS WATER HEATER, LARGE WINDOWS , COZY PORCH/BALCONY MAINTENANCE FRE ...
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General Info - MLS # 3634973
Parking: Attached, Garage - 3 Car
Year Built: 2018
Master / Primary Bedroom: Main floor
Listing Status: Sold
Property Type: Single Family Home
Location: Waxhaw / Union County
Lot Size: 2.35 acres
Area Schools
10/10
New Town Elementary School
Distance: 1.2 mi
10/10
Cuthbertson Middle School
Distance: 2.5 mi
10/10
Cuthbertson High School
Distance: 2.4 mi

*School ratings sourced from CarolinaSchoolHub. To verify enrollment eligibility, please contact the school directly.
Neighborhood Info
Subdivision: Shannon Ranchettes
Listing History
10/08/2020: MLS Sold for $610,000 (Canopy MLS)
Cumulative Days on Market: 57
More details

County Tax Data
2021 County Tax Assessment: $610,000
Next Union County Tax Assessment: 2025
2021 Property Taxes: $3,997

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


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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: $934,867

Our computer algorithm has estimated that this home would be likely to sell in a range between $794,637 and $1,075,097.


Sale Details
Sales Price: $610,000
Closed: Oct 8, 2020 (1,267 days ago)
List Price: $599,500
Sold for: 102% of list price
Cumulative Days on Market: 57
Price/Sq Ft: $168
Remarks
(from previous listing) GORGEOUS CUSTOM BUILD TWO STORY HOUSE LOCATED IN CUL-DE-SAC, ON LARGE CLEAR LOT WITH FRUIT TREES, HOUSE FEATURES OPEN FLOOR PLAN, 10' CEILING ON MAIN LEVEL AND 9" ON SECOND, RED OAK HARDWOOD FLOOR THROUGHOUT THE HOUSE , CUSTOM TILE AND GRANITE IN EVERY BATHROOM, BEAUTIFUL MASTER CHEF KITCHEN WITH IS ...
Continue reading

General Info - MLS 3634973
Parking: Attached, Garage - 3 Car
Year Built: 2018
Master / Primary Bedroom: Main floor
Listing Status: Sold
Property Type: Single Family Home
Location: Waxhaw / Union County
Lot Size: 2.35 acres

Neighborhood Info
Subdivision: Shannon Ranchettes
Listing History
10/08/2020: MLS Sold for $610,000 (Canopy MLS)
Cumulative Days on Market: 57
More details

Area Schools
10/10
New Town Elementary School
Distance: 1.2 mi
10/10
Cuthbertson Middle School
Distance: 2.5 mi
10/10
Cuthbertson High School
Distance: 2.4 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.



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.