NOT LISTED FOR SALE

1010 Magnolia Trace Unit 42 Matthews, NC 28104

Estimated Value: $698,000 - $761,544

3 Beds
3 Baths
2,918 Sq Ft
$250/Sq Ft Est. Value

Last Sold July 23, 2020

Last sale price $466,290 $160 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $4,536/month

1 Day on Market

Highlights

  • Under Construction
  • Open Floorplan
  • Attic
  • Indian Trail Elementary School Rated A
  • Wood Flooring
  • Corner Lot

About This Home

As of July 2020

Another under contract home at Walden Austin Village, home of the "drop and go" lifestyle homes! This amazing versatile home offers main floor living at its best! Master on the main owners suites on all of our floor plans are standard! This home features our gourmet kitchen, which includes a double oven, microwave drawer, gas cooktop, stainless steel dishwasher and refrigerator (optional)! Come fall in love with the owner's suite with a HUGE walk-in closet, huge walk-in shower and vanity! This amazing home also features a HUGE bonus room up with the optional upstairs, bedroom and full bath, along with the walk-in attic and huge storage area! This house truly has it ALL! Come see this amazing house today! This house is being built and the price advertised in the base price, plus the lot premium...price will increase based on selections and finishes before closing.

Last Agent to Sell the Property

Paul Lindemann

Real Broker, LLC License #78601 Listed on: 12/29/2019

Real Broker, LLC

Last Buyer's Agent

Keller Carolina Group

Keller Williams Ballantyne Area License #295501

Keller Williams Ballantyne Area

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2020 | Under Construction

Lot Details

  • Corner Lot
  • Level Lot
  • Irrigation
  • Lawn

HOA Fees

  • $180 Monthly HOA Fees

Parking

  • 2

Home Design

  • Cottage
  • Slab Foundation

Interior Spaces

  • Open Floorplan
  • Tray Ceiling
  • Fireplace
  • Insulated Windows
  • Attic

Kitchen

  • <<OvenToken>>
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • 3 Full Bathrooms

Utilities

  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • Associated Management Services Association
  • Built by CapRock

Listing and Financial Details

  • Assessor Parcel Number 07147849

Home Details

Home Type

Single Family

Year Built

Built in 2020 | Under Construction

Lot Details

0

HOA Fees

$180 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Architectural Style: Cottage
  • Construction Status: Under Construction
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.11021
  • Ratio Current Price By Acre: 2914312.50
  • Ratio Current Price By Sq Ft: 159.80
  • Year Built: 2020
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 969
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Doors and Windows: g-Insulated Door(s), Insulated Windows
  • Equipment: Ceiling Fan(s), Cable Prewire, Cooktop Gas, Disposal, Exhaust Fan, Gas Range, Ice Maker Connection, Microwave, Network Ready, Oven, Exhaust Hood, Self Cleaning Oven, Security System, Natural Gas, Electric Oven
  • Fireplace Description: Great Room
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Attic Walk-in, Cable Available, Kitchen Island, Open Floorplan, Tray Ceiling, Walk-In Closet(s)
  • Laundry Location: Main
  • Room Count: 2
  • Main Level Sq Ft: 1949
  • Total Sq Ft: 2918

Exterior Features

  • Construction: Fiber Cement, Metal, Stone Veneer
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard, In-Ground Irrigation, Lawn Maintenance
  • New Construction: Yes

Garage/Parking

  • Driveway: Concrete
  • Parking: Garage - 2 Car

Utilities

  • Heating: Gas Hot Air Furnace, Multizone A/C, Natural Gas
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Community Features: Sidewalk, Street Lights
  • Association Fee: 180.00
  • Association Fee Frequency: Monthly
  • HOA Management Company: Associated Management Services
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Unspecified
  • Middle School: Sun Valley
  • High School: Sun Valley

Lot Info

  • Lot Features: Corner Lot, Level
  • Lot Size Area: 0.160
  • Parcel Number: 07147849
  • Zoning Specification: SF

Building Info

  • Builder Name: CapRock

Tax Info

  • Tax Value: 466290.00
  • Tax Location: Union

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 9, 2023
Sold by
Brooks Timothy Arnold and Brooks Janet Elizabeth
Bought by
Brooks Living Trust and Brooks
Current Estimated Value
$729,772

Purchase Details

Listed on
Dec 29, 2019
Closed on
Jul 23, 2020
Sold by
Austin Village Residential Llc
Bought by
Brooks Timothy Arnold and Brooks Janet Elizabeth
Seller's Agent
Paul Lindemann
Real Broker, LLC
Buyer's Agent
Keller Carolina Group
Keller Williams Ballantyne Area
List Price
$420,000
Sold Price
$466,290
Premium/Discount to List
$46,290
11.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.91%
Original Mortgage
$125,100
Interest Rate
3.2%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Brooks Living Trust -- None Listed On Document
Brooks Timothy Arnold $466,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brooks Timothy Arnold $135,000
Previous Owner Brooks Timothy Arnold $125,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2020 07/23/20 Sold $466,290 +11.0% $160 / Sq Ft
12/30/2019 12/30/19 Pending -- -- --
12/29/2019 12/29/19 For Sale $420,000 -- $144 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,909 $465,200 $72,200 $393,000
2023 $3,882 $465,200 $72,200 $393,000
2022 $3,882 $465,200 $72,200 $393,000
2021 $3,879 $465,200 $72,200 $393,000
2020 $393 $50,000 $50,000 $0
2019 $483 $50,000 $50,000 $0
2018 $0 $50,000 $50,000 $0
2017 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3577981

Canopy MLS (Canopy Realtor® Association)

APN: 07-147-849