NOT LISTED FOR SALE

1331 Mill Race Ln Matthews, NC 28104

Estimated Value: $521,000 - $540,767

4 Beds
2.5 Baths
2,267 Sq Ft
$235/Sq Ft Est. Value

Last Sold April 30, 2021

Last sale price $405,000 $179 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $3,081/month

8 Days on Market

Highlights

  • Open Floorplan
  • Traditional Architecture
  • Recreation Facilities
  • Stallings Elementary School Rated A
  • Bamboo Flooring
  • Fireplace

About This Home

As of April 2021

Very Well Maintained, Full Brick 2 story Home on a private cul-de-sac lot w/over half acre. Very hard to find "park like" backyard. Located in desirable (Union Co) Stevens Mill Neighborhood with large lots. Covered Front Porch. Open floor plan. Newer Insulated Vinyl Windows throughout (cost over $13,000). Newer interior paint. Newer wood floors throughout 1st floor. Bamboo floors on Second. (all solid surface floors throughout/no carpet) Exterior HVAC replaced 2013, Interior HVAC replaced 2017, Newer Gas Water Heater 2017. Wide baseboard molding throughout. Granite counter tops in kitchen w/bar area and breakfast room. Office/flex room w/french doors on main. Spacious Master suite w/tray ceiling. Master bathroom w/dual vanities, tub and shower. 4th BR makes great bonus room. Large Covered Back Porch overlooking very large, fenced private yard. Large Basketball Court in Backyard & nice Separate Fenced area for Pets. Union County Schools. Convenient to shopping & minutes to I-485.

Last Agent to Sell the Property

Melissa Baker

Allen Tate Charlotte South License #178324 Listed on: 03/26/2021

Allen Tate Charlotte South

Co-Listed By

Jim Richardson

Allen Tate Charlotte South License #285443

Last Buyer's Agent

Mary K Hudome

NorthGroup Real Estate LLC License #212247

NorthGroup Real Estate LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1996

Lot Details

  • Level Lot

HOA Fees

  • $11 Monthly HOA Fees

Parking

  • 2

Home Design

  • Traditional Architecture

Interior Spaces

  • Open Floorplan
  • Tray Ceiling
  • Fireplace
  • Insulated Windows
  • Crawl Space

Flooring

  • Bamboo
  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • Walk-In Closet
  • Garden Bath

Listing and Financial Details

  • Assessor Parcel Number 08-321-210

Community Details

Overview

  • Stevens Mill HOA

Recreation

  • Recreation Facilities

Home Details

Home Type

Single Family

Year Built

Built in 1996

Lot Details

0

HOA Fees

$11 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Architectural Style: Traditional
  • Ratio Close Price By List Price: 1.02558
  • Ratio Close Price By Original Li: 1.02558
  • Ratio Current Price By Acre: 675000.00
  • Ratio Current Price By Sq Ft: 178.65
  • Year Built: 1996
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space
  • Upper Level Sq Ft: 1215
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 4
  • Doors and Windows: g-Insulated Door(s), Insulated Windows
  • Equipment: Cable Prewire, Ceiling Fan(s), CO Detector, Dishwasher, Disposal, Electric Dryer Hookup, Electric Range, Ice Maker Connection, Microwave, Refrigerator
  • Fireplace Description: Great Room
  • Fireplace: Yes
  • Flooring: Bamboo, Vinyl, Wood
  • Interior Amenities: Garden Tub, Open Floorplan, Tray Ceiling, Walk-In Closet(s)
  • Laundry Location: Main
  • Room Count: 2
  • Main Level Sq Ft: 1052
  • Total Sq Ft: 2267
  • Sq Ft Unheated Total: 62
  • Sq Ft Unheated Upper: 62

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard

Garage/Parking

  • Driveway: Concrete
  • Parking: Garage - 2 Car

Utilities

  • Heating: Central Air, Gas Hot Air Furnace
  • Sewer: County Sewer
  • Water: County Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Community Features: Recreation Area
  • Association Fee: 130.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Stevens Mill HOA
  • Hoa Subject To Dues: Mandatory

Schools

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

Lot Info

  • Lot Dimension: 204X1171X88X206
  • Lot Features: Cul-de-sac Lot, Level
  • Lot Size Area: 0.600
  • Parcel Number: 08-321-210
  • Plat Reference Section Pages: 269
  • Zoning Specification: AQ8

Tax Info

  • Tax Value: 268600.00
  • Tax Location: Union

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2021
Closed on
Apr 24, 2021
Sold by
Mcculloch Jacob Todd
Bought by
Gurung Pradeep and Gurung Jamuna
Seller's Agent
Melissa Baker
Allen Tate Charlotte South
Buyer's Agent
Mary K Hudome
NorthGroup Real Estate LLC
List Price
$394,900
Sold Price
$405,000
Premium/Discount to List
$10,100
2.56%
Total Days on Market
8
Current Estimated Value
$532,942

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,942
Avg. Annual Appreciation
6.41%
Original Mortgage
$105,000
Outstanding Balance
$81,959
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$440,303

Purchase Details

Closed on
Nov 8, 2013
Sold by
Bracey Laura Roth and Bracey George H
Bought by
Mcculloc Jacob Todd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 8, 2011
Sold by
Shanehsazzdeh Mohammad H and Aminjavahery Noushin
Bought by
Bracey Laura Roth and Bracey George H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,800
Interest Rate
4.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 9, 2007
Sold by
Timothy E Rhyne Family Trust
Bought by
Noushin Shanehsazzadeh Mohammad H and Noushin Aminjarahery

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,000
Interest Rate
6.11%
Mortgage Type
Unknown
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
Gurung Pradeep $405,000 None Available
Mcculloc Jacob Todd $258,000 Chicago Title Insurnce Co
Bracey Laura Roth $217,000 None Available
Noushin Shanehsazzadeh Mohammad H $257,000 Investors Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gurung Pradeep $105,000
Previous Owner Mcculloc Jacob Todd $175,000
Previous Owner Bracey Laura Roth $125,800
Previous Owner Noushin Shanehsazzadeh Mohammad H $157,000
Previous Owner Rhyne Timothy E $40,435
Previous Owner Rhyne Timothy E $135,575
Previous Owner Rhyne Timothy E $141,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2021 04/30/21 Sold $405,000 +2.6% $179 / Sq Ft
04/03/2021 04/03/21 Pending -- -- --
03/26/2021 03/26/21 For Sale $394,900 -- $174 / 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 $2,887 $329,700 $58,000 $271,700
2023 $2,636 $314,000 $58,000 $256,000
2022 $2,615 $314,000 $58,000 $256,000
2021 $2,615 $314,000 $58,000 $256,000
2020 $2,718 $268,600 $42,500 $226,100
2019 $2,587 $268,600 $42,500 $226,100
2018 $2,587 $268,600 $42,500 $226,100
2017 $2,675 $268,600 $42,500 $226,100
2016 $2,682 $268,600 $42,500 $226,100
2015 $2,709 $268,600 $42,500 $226,100
2014 $1,468 $230,250 $43,000 $187,250
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3721869

Canopy MLS (Canopy Realtor® Association)

APN: 08-321-210