NOT LISTED FOR SALE

1052 James Madison Dr Unit 14 Matthews, NC 28104

Estimated Value: $975,000 - $1,258,000

0.92 Acre
$1,223,571 Price per Acre
40,075 Sq Ft Lot

Last Sold October 27, 2015

Last sale price $143,000

Est. 687% increase in value since last sale

Current estimated payment $6,338/month

117 Days on Market

About This Lot

As of October 2015

ABSOLUTELY GORGEOUS LOT IN WILLIAMSBURG! BUILD YOUR DREAM HOME HERE IN THE HEART OF WEDDINGTON. AT ALMOST AN ACRE, THIS PREMIUM WOODED LOT IS SURROUNDED BY BEAUTIFUL CUSTOM HOMES CLOSE TO NEARBY SHOPPING, DINING AND INTERSTATE BUT YET SECLUDED ENOUGH TO GIVE THAT COUNTRY FEEL.

Last Agent to Sell the Property

Patrick Nooney

RE/MAX Executive License #237095 Listed on: 05/13/2015

RE/MAX Executive

Co-Listed By

Mark Hatcher

RE/MAX Executive License #251014

Last Buyer's Agent

Joe Naccarato

EXP Realty LLC Ballantyne License #258750

EXP Realty LLC Ballantyne

Property Details

Property Type

  • Land

Lot Details

HOA Fees

  • $42 Monthly HOA Fees

Additional Features

  • Property is zoned Residential Lot
  • Crawl Space

Community Details

  • Williamsburg HOA, Phone Number (704) 847-3507

Listing and Financial Details

  • Assessor Parcel Number 06-123-114

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Lot
  • Ratio Close Price By List Price: 0.96622
  • Ratio Close Price By Original Li: 0.95333
  • Ratio Current Price By Acre: 155434.78
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • H O A Management Phone: 704-847-3507

Utilities

  • Sewer: County Sewer
  • Water: County Water

Condo/Co-op/Association

  • Association Fee: 500.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Williamsburg HOA
  • Hoa Subject To Dues: Mandatory
  • HOA Subject to Dues YN: Yes

Schools

  • Elementary School: Weddington
  • Middle School: Weddington
  • High School: Weddington

Lot Info

  • Lot Dimension: 154x305x142x274
  • Lot Size Area: 0.920
  • Parcel Number: 06-123-114
  • Zoning: Residential Lot
  • Zoning Specification: AE7

Tax Info

  • Tax Value: 130000.00
  • Tax Location: Weddington

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2015
Closed on
Oct 6, 2015
Sold by
Butera Philip J and Butera Elisabeth Pantazisk
Bought by
Bailey Adam S and Bailey Lauren E
Seller's Agent
Patrick Nooney
RE/MAX Executive
Buyer's Agent
Joe Naccarato
EXP Realty LLC Ballantyne
List Price
$150,000
Sold Price
$143,000
Premium/Discount to List
-$7,000
-4.67%
Current Estimated Value
$1,125,685

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$982,685
Avg. Annual Appreciation
22.99%
Original Mortgage
$114,400
Outstanding Balance
$84,885
Interest Rate
5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,040,800

Purchase Details

Listed on
May 24, 2012
Closed on
Aug 22, 2013
Sold by
Richter Brian T and Richter Deborah K
Bought by
Butera Philip J and Butera Elizabeth Pantazis
Seller's Agent
Deborah Richter
Carolina Right Way Realty LLC
Buyer's Agent
Deborah Richter
Carolina Right Way Realty LLC
List Price
$142,999
Sold Price
$133,000
Premium/Discount to List
-$9,999
-6.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.38%
Original Mortgage
$99,750
Interest Rate
4.48%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 12, 2007
Sold by
Burt Gary and Burt Elaine
Bought by
Richter Brian T and Richter Deborah K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,500
Interest Rate
6.15%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 16, 2005
Sold by
Russell Ronald E and Russell Deborah W
Bought by
Burt Gary and Burt Elaine
Source: Public Records

Range of Values:

Collateral Analytics

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Average Value
Not Available
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
Bailey Adam S $143,000 Attorney
Butera Philip J $133,000 None Available
Richter Brian T $155,000 Investors Title Insurance
Burt Gary $126,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bailey Adam S $114,400
Previous Owner Butera Philip J $99,750
Previous Owner Richter Brian T $139,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/27/2015 10/27/15 Sold $143,000 -4.7% --
09/07/2015 09/07/15 Pending -- -- --
05/13/2015 05/13/15 For Sale $150,000 +12.8% --
08/22/2013 08/22/13 Sold $133,000 -7.0% -- View Prior Sale
07/02/2013 07/02/13 Pending -- -- --
05/24/2012 05/24/12 For Sale $142,999 -- --
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 $3,931 $561,700 $103,000 $458,700
2023 $3,556 $561,700 $103,000 $458,700
2022 $3,572 $561,700 $103,000 $458,700
2021 $3,572 $561,700 $103,000 $458,700
2020 $3,817 $487,600 $65,000 $422,600
2019 $3,817 $487,600 $65,000 $422,600
2018 $3,564 $487,600 $65,000 $422,600
2017 $508 $65,000 $65,000 $0
2016 $498 $65,000 $65,000 $0
2015 $505 $65,000 $65,000 $0
2014 $893 $130,000 $130,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3086129

Canopy MLS (Canopy Realtor® Association)

APN: 06-123-114