Owner
$514,484
2060 HAMIL RIDGE DR, WAXHAW, NC
Quick Facts
owner occupied
Yes
vacant
No
corporate owner
No
beds
4
baths
2
sq. ft.
2,224
property type
Rural/Agricultural Residence
hoa
Yes
About
Residential
Building Quality C+
Average Condition
Living Area
Attached Garage
2 Stories
Heat Pump
Wood
Central
Financial Overview
Home Equity
Property
Outstanding Debt
Property
Loan-to-Value Ratio
Property
Property Features
Year Built
2014
Building Size
2,224 sq ft
Lot Size
5,619 sq ft
Lot Size (Acres)
0.13 acres
Distressed Property Status
In Pre-foreclosure
Property
Notice of Sale Filed
Property
Notice of Default Filed
Property
Scheduled for Auction
Property
Filing Date
Property
Property Location Details
Parcel Number (APN)
06-168-149
County
Union County, North Carolina
Metro Area
Charlotte-Concord-Gastonia, NC-SC
Zoning
CU R-4 PRD WAXHAW
Neighborhood/Subdivision
MILLBRIDGE
Lot Number
—
School District
Union County Public Schools
Legal Description
#837 MILLBRIDGE PH3 MAP6
Tax & Value Information
Market Value (Total)
$320,100
Building Value
$256,600
Land Value
$63,500
Annual Property Tax
$3,282
Tax Assessment Year
2024
Assessed Value
$320,100
Last Assessment Year
2024
Original Primary Mortgage
Property
Primary Mortgage Type
Property
Original Secondary Mortgage
Property
Secondary Mortgage Type
Property
Current Mortgage Amount
Property
Current Mortgage Type
Property
Interest Rate
Property
Loan Term
Property
Lender Name
—
Last Sale Contract Date
2/5/2014
Recording Date
2/19/2014
Sales Document #
2014.3824
Primary Owner
Property
Co-Owner
Property
Previous Owner
Property
Previous Co-Owner
Property
Recent sales Comparables
Estimated Value:
$0
Average Price per Sq.Ft.: $0.00
Sales Comparables
Real Estate Investment Analysis
Evaluate this property as a fix & flip opportunity
Estimated Profit
$19,908
Return on Investment
15.60%
After Repair Value
$565,932
Basic Inputs
Financing
Down Payment
20%
Interest Rate
6.5%
Loan Term (Years)
30
Holding Period (months)
6
Show Advanced Options
Analysis Details
Purchase Price
$463,036
Renovation Cost
$25,724
Closing Costs (buying)
$9,261
Holding Costs
$14,048
Selling Costs
$33,956
Total Investment
$127,592
After Repair Value (ARV)
$565,932
Total Costs
$546,025
Estimated Profit
$19,908
Cash Invested
$118,331
Return on Investment
15.60%
Return on Cash Invested
16.82%
Nearby Schools
No Elementary School nearby
No Middle School nearby
No High School nearby
Properties owned by investors
Income Distributions
Ethnicity Distributions
Chart
Yearly Purchases
Connex Segmentation Clusters
Area Profile for Investors
Quiet Residential
Walkability
Poor
(0 POIs within 1mi)
Amenities Within 0.5mi
0
locations
Schools Within 1mi
0
schools
Area Class
A
class
Investor Insight
This is a quiet residential area with 0 amenities within 1 mile.
The area has limited nearby amenities.
Key features for tenant appeal:
Map Filters
Key Amenities in the Area