NOT LISTED FOR SALE

1200 Stallings Rd Matthews, NC 28104

Estimated Value: $288,000 - $322,000

3 Beds
2 Baths
1,003 Sq Ft
$306/Sq Ft Est. Value

Last Sold September 08, 2023

Last sale price $275,000 $274 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $1,772/month

71 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • 1-Story Property
  • Indian Trail Elementary School Rated A
  • 1 Car Detached Garage
  • Four Sided Brick Exterior Elevation

About This Home

As of September 2023

Full brick home with a large fenced in back yard and a detached large storage building\garage. Great opportunity for investors, first time homebuyers or anyone with vision to see the possibilities if they can get this property rezoned for commercial use. In close proximity to the new Atrium Health Union West Hospital. Easy access to I485, Hwy 74/Independence Blvd, and Old Monroe Rd. Property does need some TLC. Additional square feet is the detached garage (498 sq ft.).Attached garage currently has a sliding door in place of garage door.

Last Agent to Sell the Property

Joe Naccarato

EXP Realty LLC Ballantyne Brokerage Email: joetheprorealtor@gmail.com License #258750 Listed on: 06/08/2023

EXP Realty LLC Ballantyne

Last Buyer's Agent

Adriana Avila Belerril

NorthGroup Real Estate LLC License #294444

NorthGroup Real Estate LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,764

Year Built

  • Built in 1971

Lot Details

  • Back Yard Fenced
  • Property is zoned AR5, AR-5

Parking

  • 1 Car Detached Garage
  • 2 Open Parking Spaces

Home Design

  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 1,003 Sq Ft Home
  • 1-Story Property
  • Crawl Space
  • Pull Down Stairs to Attic
  • Washer and Electric Dryer Hookup

Kitchen

  • Electric Oven
  • Electric Range

Flooring

  • Wood
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck

Schools

  • Indian Trail Elementary School
  • Sun Valley Middle School
  • Sun Valley High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • Stallings Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 07-126-132

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,764

Year Built

Built in 1971

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1971
  • Road Surface Type: Dirt, Gravel
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 274.18
  • Bedroom Lower: 0
  • Geocode Confidence: High
  • Attribution Contact: joetheprorealtor@gmail.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: No
  • Flooring: Laminate, Vinyl, Wood
  • Interior Amenities: Attic Stairs Pulldown
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1003
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Appliances: Electric Oven, Electric Range, Electric Water Heater, Refrigerator
  • Above Grade Finished Sq Ft: 1003
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1003
  • Bedroom Main: 3
  • Room Count: 8
  • Sq Ft Other: 498
  • Bedroom Basement: 0
  • Bedroom Third: 0

Exterior Features

  • New Construction: No
  • Construction Type: Site Built
  • Fencing: Back Yard, Fenced
  • Construction Type: Brick Full
  • Patio And Porch Features: Deck

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 226
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Parking Features: Detached Garage, Parking Space(s)

Utilities

  • Heating: Heat Pump
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup, Laundry Room, Washer Hookup
  • Cooling: Central Air
  • Water Source: City

Condo/Co-op/Association

  • Hoa Subject To Dues: No
  • Senior Community: No

Schools

  • Middle Or Junior School: Sun Valley
  • HOA Subject To: None

Lot Info

  • Lot Size Area: 0.44
  • Lot Size Units: Acres
  • Parcel Number: 07-126-132
  • Zoning: AR-5
  • ResoLotSizeUnits: Acres
  • Zoning Specification: AR5

MLS Schools

  • Elementary School: Indian Trail
  • High School: Sun Valley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2023
Closed on
Sep 8, 2023
Sold by
Ravanbakhsh Rahmatollah
Bought by
Cardoso Anderson and Munhoz Fernanda Giglio
Seller's Agent
Joe Naccarato
EXP Realty LLC Ballantyne
Buyer's Agent
Adriana Avila Belerril
NorthGroup Real Estate LLC
List Price
$310,000
Sold Price
$275,000
Premium/Discount to List
-$35,000
-11.29%
Views
408
Current Estimated Value
$306,538

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,538
Avg. Annual Appreciation
2.53%
Original Mortgage
$206,250
Outstanding Balance
$202,740
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$86,813

Purchase Details

Closed on
Nov 21, 2003
Sold by
Russell James A
Bought by
Ravanbakhsh Rahmat

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
5.93%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
Cardoso Anderson $275,000 None Listed On Document
Ravanbakhsh Rahmat $74,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cardoso Anderson $206,250
Previous Owner Ravanbakhsh Rahmat $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2023 09/08/23 Sold $275,000 -3.5% $274 / Sq Ft
07/26/2023 07/26/23 Price Changed $285,000 -4.7% $284 / Sq Ft
06/23/2023 06/23/23 Price Changed $299,000 -3.5% $298 / Sq Ft
06/08/2023 06/08/23 For Sale $310,000 -- $309 / 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 $1,764 $197,900 $38,000 $159,900
2023 $1,693 $197,900 $38,000 $159,900
2022 $1,672 $197,900 $38,000 $159,900
2021 $1,679 $198,800 $38,000 $160,800
2020 $1,105 $106,310 $18,710 $87,600
2019 $1,105 $106,310 $18,710 $87,600
2018 $0 $106,310 $18,710 $87,600
2017 $1,158 $106,300 $18,700 $87,600
2016 $1,143 $106,310 $18,710 $87,600
2015 $1,154 $106,310 $18,710 $87,600
2014 $697 $98,530 $19,360 $79,170
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4037765

Canopy MLS (Canopy Realtor® Association)

APN: 07-126-132