NOT LISTED FOR SALE

1220 Tranquil Falls Ln Unit 527 Matthews, NC 28104

Estimated Value: $510,000 - $586,000

5 Beds
3 Baths
3,262 Sq Ft
$172/Sq Ft Est. Value

Last Sold March 21, 2019

Last sale price $309,000 $95 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $3,277/month

4 Days on Market

Highlights

  • Open Floorplan
  • Transitional Architecture
  • Covered Patio or Porch
  • Stallings Elementary School Rated A
  • Wood Flooring
  • Walk-In Closet

About This Home

As of March 2019

Location, Location, Location!! Sought after Fairhaven subdivision, close to highway 74, 485 and the Monroe Expressway. One of the top selling MI Homes Galloway Open floorplan with guest bedroom, full bath and study on main level. Built in 2013.Huge kitchen with center island with bar and drop zone counter area beside garage door. Granite counter tops and tile backsplash. Electric range-oven, Stainless appliances. Hardwoods in kitchen, breakfast area and entry hall. Extra large master bedroom, Master bath has Garden Tub, Separate shower and dual vanity sinks and one of the larges master closets I have seen! Ceiling fans, neutral paint, patio overlooking large back yard! Conveniently located to community pool and play area. Make this your home today.

Last Agent to Sell the Property

Emily Huffstetler

ProStead Realty Brokerage Email: Emilyprice1130@gmail.com License #182736 Listed on: 01/31/2019

ProStead Realty

Last Buyer's Agent

Eva Hockenberry

Mainstay Brokerage LLC License #271723

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,074

Year Built

  • Built in 2013

Lot Details

  • 9,496 Sq Ft Lot
  • Level Lot

HOA Fees

  • $43 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Transitional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Family Room with Fireplace
  • Wood Flooring
  • Pull Down Stairs to Attic

Kitchen

  • Breakfast Bar
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms

Outdoor Features

  • Covered Patio or Porch

Schools

  • Stallings Elementary School
  • Porter Ridge Middle School
  • Porter Ridge High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Cusick Management Association, Phone Number (704) 544-7779
  • Built by MI Homes of Charlotte
  • Fairhaven Subdivision, Galloway Floorplan
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 07-078-513

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,074

Year Built

Built in 2013

Lot Details

0

HOA Fees

$43 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Transitional
  • Year Built: 2013
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Concrete, Paved
  • Unit Levels: Two
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 94.73
  • Attribution Contact: Emilyprice1130@gmail.com
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood
  • Interior Amenities: Attic Stairs Pulldown, Breakfast Bar, Cable Prewire, Kitchen Island, Open Floorplan, Split Bedroom, Walk-In Closet(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1421
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 420
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 420
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 1841
  • Appliances: Dishwasher, Gas Water Heater, Microwave, Plumbed For Ice Maker
  • Above Grade Finished Sq Ft: 3262
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: Family Room, Gas Log
  • Living Area: 3262
  • Bedroom Main: 1
  • Room Count: 12
  • Sq Ft Other: 0

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Construction Type: Brick Partial, Vinyl
  • Patio And Porch Features: Covered

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 420
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Garage

Utilities

  • Heating: Central, Forced Air, Natural Gas
  • Sewer: Public Sewer
  • Laundry Features: Laundry Room, Upper Level
  • Cooling: Ceiling Fan(s)
  • Utilities: Gas
  • Water Source: City

Condo/Co-op/Association

  • Association Fee: 129
  • Association Fee Frequency: Quarterly
  • Hoa Subject To Dues: Mandatory
  • Association Name: Cusick Management
  • Phone: 704-544-7779
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Schools

  • Middle Or Junior School: Porter Ridge
  • HOA Subject To: Required

Lot Info

  • Lot Features: Level
  • Lot Size Area: 0.218
  • Lot Size Units: Acres
  • Parcel Number: 07-078-513
  • Lot Size Acres: 0.218
  • Lot Size: .218
  • Lot Size Sq Ft: 9496
  • ResoLotSizeUnits: Acres
  • Zoning Specification: Res

Green Features

  • Green Verification Count: 1

Building Info

  • Builder Name: MI Homes of Charlotte

MLS Schools

  • Elementary School: Stallings
  • High School: Porter Ridge

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2019
Closed on
Mar 21, 2019
Sold by
Ivey Rodney and Ivey Falin
Bought by
Zarella Levy Marc A and Zarella Levy Nicole A
Seller's Agent
Emily Huffstetler
ProStead Realty
Buyer's Agent
Eva Hockenberry
Mainstay Brokerage LLC
List Price
$309,900
Sold Price
$309,000
Premium/Discount to List
-$900
-0.29%
Current Estimated Value
$559,475

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$250,475
Avg. Annual Appreciation
9.53%
Original Mortgage
$293,550
Outstanding Balance
$258,080
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$301,395

Purchase Details

Closed on
May 23, 2013
Sold by
M I Homes Of Charlotte Llc
Bought by
Patterson Falin E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,642
Interest Rate
3.25%
Mortgage Type
FHA
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
Zarella Levy Marc A $309,000 Morehead Title Company
Patterson Falin E $227,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zarella Levy Marc A $293,550
Previous Owner Patterson Falin E $222,642
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/21/2019 03/21/19 Sold $309,000 -0.3% $95 / Sq Ft
02/04/2019 02/04/19 Pending -- -- --
01/31/2019 01/31/19 For Sale $309,900 -- $95 / 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 $3,074 $350,700 $55,000 $295,700
2023 $2,949 $350,700 $55,000 $295,700
2022 $2,928 $350,700 $55,000 $295,700
2021 $2,926 $350,700 $55,000 $295,700
2020 $2,618 $257,000 $38,000 $219,000
2019 $2,606 $257,000 $38,000 $219,000
2018 $2,606 $257,000 $38,000 $219,000
2017 $2,689 $257,000 $38,000 $219,000
2016 $2,698 $257,000 $38,000 $219,000
2015 $2,725 $257,000 $38,000 $219,000
2014 -- $273,270 $35,000 $238,270
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3470211

Canopy MLS (Canopy Realtor® Association)

APN: 07-078-513