NOT LISTED FOR SALE

1720 Margaret Ridge Dr Unit 20 Matthews, NC 28105

Estimated Value: $1,902,000 - $2,033,845

5 Beds
5.5 Baths
4,876 Sq Ft
$402/Sq Ft Est. Value

Last Sold February 18, 2022

Last sale price $1,184,850 $243 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $11,572/month

16 Days on Market

Highlights

  • New Construction
  • Open Floorplan
  • Wood Flooring
  • Elizabeth Lane Elementary Rated A-
  • European Architecture
  • Attached Garage

About This Home

As of February 2022

LOCATION, LOCATION, LOCATION! Arthur Rutenberg Homes Cotswold Plan. Comfortable and open floor plan: Master on 2nd floor, with guest suite on main. Kitchen features large island, and granite counter tops. Great rm features fabulous coffered ceiling with collapsing door that leads to outdoor living area that is covered and ideal for family gatherings.

Last Agent to Sell the Property

Christopher Dillard

Paragon Homes Realty NC LLC License #8370 Listed on: 04/30/2020

Last Buyer's Agent

Jessica Jordan

Coastal Green Properties Inc License #280860

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,364

Year Built

  • Built in 2020 | New Construction

Lot Details

  • Lot Dimensions are 125x244x48x233

HOA Fees

  • $54 Monthly HOA Fees

Home Design

  • Proposed Property
  • European Architecture
  • Brick Exterior Construction
  • Metal Roof
  • Stone Veneer

Interior Spaces

  • Open Floorplan
  • Built-In Features
  • Tray Ceiling
  • Ceiling Fan
  • Great Room with Fireplace
  • Crawl Space
  • Laundry Room

Kitchen

  • Convection Oven
  • Gas Cooktop
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Parking

  • Attached Garage
  • Side Facing Garage
  • Garage Door Opener

Schools

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

Utilities

  • Zoned Heating
  • Vented Exhaust Fan
  • Heating System Uses Natural Gas

Community Details

  • Built by Arthur Rutenberg Homes
  • Stevens Grove Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 227-065-98
  • Tax Block Phase 2

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,364

Year Built

Built in 2020 | New Construction

Lot Details

0

HOA Fees

$54 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: European
  • Year Built: 2020
  • Ratio Current Price By Acre: 2468437.50
  • Proposed Completion Date: 2021-03-31
  • Road Surface Type: Concrete
  • Structure Type: Two Story
  • ResoPropertyType: Residential
  • Special Features: NewHome

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood, Tile
  • Interior Amenities: Attic Other, Built Ins, Kitchen Island, Open Floorplan, Tray Ceiling, Walk-In Closet(s), Walk-In Pantry
  • Fixture Exception Yn: 0
  • Sq Ft Additional: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 2178
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 353
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 353
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 2698
  • Second Living Quarters Hla: 0
  • Second Living Quarters Sq Ft: 0
  • Porch: Back
  • Appliances: Cable Prewire, Ceiling Fan(s), CO Detector, Convection Oven, Gas Cooktop, Dishwasher, Disposal, Exhaust Fan, Plumbed For Ice Maker, Microwave, Network Ready, Oven, Refrigerator
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Gas Log, Great Room
  • Living Area: 4876
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Half Bathrooms: 1
  • Full Bathrooms: 4
  • Total Bedrooms: 4

Exterior Features

  • New Construction: Yes
  • Roof: Shingle, Metal
  • Construction Status: Proposed
  • Tax Location: Matthews
  • Construction Type: Site Built
  • Construction Type: Brick, Stone Veneer

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 752
  • Parking Features: Attached Garage, Garage - 3 Car, Garage Door Opener, Side Load Garage

Utilities

  • Heating: Multizone A/C, Zoned, Natural Gas
  • Sewer: Public Sewer
  • Water Heater: Electric
  • Laundry Features: Main Level, Laundry Room, Utility Room
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 650
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • ResoAssociationFeeFrequency: Annually

Schools

  • Middle Or Junior School: South Charlotte
  • HOA Subject To: Required

Lot Info

  • Lot Size Area: 0.48
  • Lot Size Units: Acres
  • Parcel Number: 227-065-98
  • Plat Book Slide: 227-065-98
  • Plat Reference Section Pages: 26
  • Lot Size: 125x244x48x233
  • Zoning Description: R

Building Info

  • Builder Name: Arthur Rutenberg Homes

Tax Info

  • Tax Block: Phase 2
  • RATIO List Price By Tax Amount: 4.25660

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Elizabeth Lane
  • High School: Providence

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 16, 2020
Sold by
Paragon Homes Of Charlotte Inc
Bought by
Parker Jason A and Parker Lisa
Current Estimated Value
$1,960,461

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,007,131
Outstanding Balance
$897,576
Interest Rate
2.8%
Mortgage Type
Construction
Estimated Equity
$1,062,885

Purchase Details

Closed on
Jul 20, 2020
Sold by
Matthews Arborfield Llc
Bought by
Paragon Homes Of Charlotte Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,007,131
Outstanding Balance
$897,576
Interest Rate
2.8%
Mortgage Type
Construction
Estimated Equity
$1,062,885
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Parker Jason A $293,000 Chicago Title
Paragon Homes Of Charlotte Inc $285,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parker Jason A $1,007,131
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/18/2022 02/18/22 Sold $1,184,850 +5.0% $243 / Sq Ft
05/16/2020 05/16/20 Pending -- -- --
04/30/2020 04/30/20 For Sale $1,128,000 -- $231 / 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
2025 $13,364 $1,776,240 $308,800 $1,467,440
2024 $13,364 $1,776,240 $308,800 $1,467,440
2023 $13,182 $1,776,240 $308,800 $1,467,440
2022 $10,009 $1,116,000 $265,000 $851,000
2021 $2,417 $265,000 $265,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3616505

Canopy MLS (Canopy Realtor® Association)

APN: 227-065-28