NOT LISTED FOR SALE

Estimated Value: $332,000 - $377,000

3 Beds
2 Baths
1,694 Sq Ft
$211/Sq Ft Est. Value

Last Sold May 17, 2021

Last sale price $275,000 $162 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $2,148/month

4 Days on Market

About This Home

As of May 2021

NO HOA! One owner home! .41 acres with wonderful landscaping, a flat backyard and mature trees surrounding this full brick ranch! 3 bedrooms, two full baths, kitchen with eat in dining room, large living room with an exposed brick wood burning fireplace that leads out to a private 9x23 screened in back porch, oversized front room could be a large formal dining, a second living room, or split into separate spaces. Laundry room/mud room features a sink and cabinets for storage. You'll also find a brick carport with attached enclosed storage built-in, and a shed toward the back of the property. This wonderful home is centrally located to 485 or Independence Highway. Getting to Plaza Midwood, Central, Cotswold or Uptown is a breeze. A unique home in a mature setting, close to everything. Come visit us at 1649 Marlwood!

Multiple offers received. Offers will be reviewed the evening of 4/18/2021

Vacant lot next door is being sold separately and is owned by the seller.

Last Agent to Sell the Property

John Ginolfi

Costello Real Estate and Investments LLC License #291185 Listed on: 04/16/2021

Costello Real Estate and Investments LLC

Last Buyer's Agent

Sarah Hill

Keller Williams Lake Norman License #324405

Keller Williams Lake Norman

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1959

Lot Details

  • 0.41

Home Design

  • Traditional Architecture

Additional Features

  • Oven
  • 2 Full Bathrooms
  • Crawl Space

Listing and Financial Details

  • Assessor Parcel Number 109-263-24

Home Details

Home Type

Single Family

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Traditional
  • Ratio Close Price By List Price: 1.10000
  • Ratio Close Price By Original Li: 1.10000
  • Ratio Current Price By Acre: 670731.71
  • Ratio Current Price By Sq Ft: 162.34
  • Year Built: 1959
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Equipment: Cooktop Electric, Electric Dryer Hookup, Natural Gas, Oven, Refrigerator
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 1694
  • Total Sq Ft: 1694
  • Sq Ft Unheated Main: 362
  • Sq Ft Unheated Total: 362

Exterior Features

  • Construction: Brick Full, Wood
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Asphalt
  • Parking: Carport - 1 Car

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Gas

Schools

  • Elementary School: Albemarle Road
  • Middle School: Albemarle
  • High School: Independence

Lot Info

  • Lot Size Area: 0.410
  • Parcel Number: 109-263-24
  • Zoning Specification: R3

Tax Info

  • Tax Value: 204000.00
  • Tax Location: Mecklenburg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2021
Closed on
May 18, 2021
Sold by
Medlin Jennifer Ferguson and Medlin Keith Floyd
Bought by
Nabb Stephanie J and Nabb Collin R
Seller's Agent
John Ginolfi
Costello Real Estate and Investments LLC
Buyer's Agent
Sarah Hill
Keller Williams Lake Norman
List Price
$250,000
Sold Price
$275,000
Premium/Discount to List
$25,000
10%
Current Estimated Value
$356,602

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,602
Avg. Annual Appreciation
6.23%
Original Mortgage
$258,400
Outstanding Balance
$234,672
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$121,930

Purchase Details

Closed on
Jan 1, 1975
Bought by
Ferguson Annie C
Source: Public Records

Range of Values:

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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
Nabb Stephanie J $275,000 None Available
Ferguson Annie C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nabb Stephanie J $258,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2021 05/17/21 Sold $275,000 +10.0% $162 / Sq Ft
04/20/2021 04/20/21 Pending -- -- --
04/16/2021 04/16/21 For Sale $250,000 -- $148 / 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 $2,508 $311,000 $60,000 $251,000
2023 $2,420 $311,000 $60,000 $251,000
2022 $2,094 $204,000 $40,000 $164,000
2021 $2,083 $204,000 $40,000 $164,000
2020 $2,076 $204,000 $40,000 $164,000
2019 $2,060 $204,000 $40,000 $164,000
2018 $1,955 $143,400 $30,000 $113,400
2017 $1,919 $143,400 $30,000 $113,400
2016 $1,910 $143,400 $30,000 $113,400
2015 -- $143,400 $30,000 $113,400
2014 $2,001 $151,000 $30,000 $121,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3725822

Canopy MLS (Canopy Realtor® Association)

APN: 109-263-24