NOT LISTED FOR SALE

1108 Somersby Ln Matthews, NC 28105

Estimated Value: $494,000 - $564,000

3 Beds
2.5 Baths
1,786 Sq Ft
$291/Sq Ft Est. Value

Last Sold July 15, 2020

Last sale price $310,000 $174 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $3,128/month

Highlights

  • Transitional Architecture
  • Bamboo Flooring
  • Walk-In Closet
  • Elizabeth Lane Elementary Rated A-
  • Mud Room
  • Storm Doors

About This Home

As of July 2020

**Multiple offers received. Please send highest and best by 5pm Saturday May 30th** A hidden gem in a very sought after area! This beautiful home is situated in a mature neighborhood with NO HOA and is close to shopping/dining in Waverly, Promenade, downtown Matthews and Arboretum for anything you need! Updated granite counters in the kitchen, bamboo hardwoods throughout the 1st and 2nd floors! Upgraded backyard has over 10k in features, including stone walls/stairs and HUGE paver patio for entertaining, includes covered spot for a flat screen TV on side of patio. NEW ROOF put on home this year and crawl space just upgraded to keep dry! This wonderful home is ready for you to move in and in top-rated school district to boot!

Last Agent to Sell the Property

Joe McCourt

Giving Tree Realty License #250347 Listed on: 05/29/2020

Giving Tree Realty

Last Buyer's Agent

Allen Valentine

Allen Tate Charlotte South License #281723

Allen Tate Charlotte South

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1984

Lot Details

  • 0.35

Parking

  • 2

Home Design

  • Transitional Architecture
  • Vinyl Siding

Interior Spaces

  • Wood Burning Fireplace
  • Insulated Windows
  • Window Treatments
  • Mud Room
  • Crawl Space
  • Pull Down Stairs to Attic
  • Storm Doors

Flooring

  • Bamboo
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet

Utilities

  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 227-282-26

Home Details

Home Type

Single Family

Year Built

Built in 1984

Lot Details

0

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Architectural Style: Transitional
  • Ratio Close Price By List Price: 0.98413
  • Ratio Close Price By Original Li: 0.98413
  • Ratio Current Price By Acre: 885714.29
  • Ratio Current Price By Sq Ft: 173.57
  • Year Built: 1984
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Brick, Crawl Space
  • Upper Level Sq Ft: 833
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Doors and Windows: g-Insulated Door(s), Insulated Windows, Storm Door(s)
  • Equipment: Cable Prewire, Ceiling Fan(s), Dishwasher, Electric Dryer Hookup, Gas Range, Ice Maker Connection, Microwave
  • Fireplace Description: Wood Burning
  • Fireplace: Yes
  • Flooring: Bamboo, Tile
  • Interior Amenities: Attic Stairs Pulldown, Cable Available, Drop Zone, Walk-In Closet(s), Window Treatments
  • Laundry Location: Main
  • Room Count: 2
  • Main Level Sq Ft: 953
  • Total Sq Ft: 1786
  • Sq Ft Unheated Main: 40
  • Sq Ft Unheated Total: 40

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard

Garage/Parking

  • Driveway: Concrete
  • Parking: Detached Garage, Garage - 2 Car, Parking Space - 4+

Utilities

  • Heating: Central Air, Multizone A/C, MultiZone Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Schools

  • Elementary School: Elizabeth
  • Middle School: South Charlotte
  • High School: Providence

Lot Info

  • Lot Dimension: 98x163x101x153
  • Lot Features: Sloping
  • Lot Size Area: 0.350
  • Parcel Number: 227-282-26
  • Zoning Specification: R15

Tax Info

  • Tax Value: 287300.00
  • Tax Location: Matthews

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2020
Closed on
Jul 15, 2020
Sold by
Wagner Ashley M and Wagner Daniel
Bought by
Trammel Zachary Miles and Trammel Abby Buckingham
Seller's Agent
Joe McCourt
Giving Tree Realty
Buyer's Agent
Allen Valentine
Allen Tate Charlotte South
List Price
$315,000
Sold Price
$310,000
Premium/Discount to List
-$5,000
-1.59%
Total Days on Market
0
Current Estimated Value
$519,703

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$209,703
Avg. Annual Appreciation
10.35%
Original Mortgage
$279,000
Outstanding Balance
$250,139
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$252,055

Purchase Details

Listed on
Jan 17, 2017
Closed on
Feb 27, 2017
Sold by
Cristen Wolf
Bought by
Wagner Ashley and Wagner Daniel
Seller's Agent
Joy Setzer
Berkshire Hathaway HomeServices Carolinas Realty
Buyer's Agent
Steve Lepow
RE/MAX Executive
List Price
$247,000
Sold Price
$245,000
Premium/Discount to List
-$2,000
-0.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.19%
Original Mortgage
$240,562
Interest Rate
4.16%

Purchase Details

Closed on
Sep 3, 2004
Sold by
Wolf Christian W and Wolf Cristen L
Bought by
Wolf Christian W and Wolf Cristen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,700
Interest Rate
5.62%
Mortgage Type
Credit Line Revolving
Source: Public Records

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Range of Values:

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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
Trammel Zachary Miles $310,000 None Available
Wagner Ashley -- --
Wolf Christian W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Trammel Zachary Miles $279,000
Previous Owner Wagner Ashley $240,562
Previous Owner Wagner Ashley --
Previous Owner Wolf Christen L $90,000
Previous Owner Wolf Christian W $36,700
Previous Owner Wolf Christian W $110,000
Previous Owner Wolf Christian W $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2020 07/15/20 Sold $310,000 -1.6% $174 / Sq Ft
05/30/2020 05/30/20 Pending -- -- --
05/29/2020 05/29/20 For Sale $315,000 +28.6% $176 / Sq Ft
02/24/2017 02/24/17 Sold $245,000 -0.8% $136 / Sq Ft
01/22/2017 01/22/17 Pending -- -- --
01/17/2017 01/17/17 For Sale $247,000 -- $137 / 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
2023 $2,659 $442,800 $104,500 $338,300
2022 $2,659 $287,300 $85,000 $202,300
2021 $2,659 $287,300 $85,000 $202,300
2020 $2,616 $287,300 $85,000 $202,300
2019 $2,610 $287,300 $85,000 $202,300
2018 $2,174 $178,800 $52,300 $126,500
2017 $2,090 $178,800 $52,300 $126,500
2016 $2,087 $178,800 $52,300 $126,500
2015 $2,083 $178,800 $52,300 $126,500
2014 $2,117 $185,500 $52,300 $133,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3623508

Canopy MLS (Canopy Realtor® Association)

APN: 227-282-26