NOT LISTED FOR SALE

2048 Gable Way Ln Matthews, NC 28104

Estimated Value: $351,000 - $427,000

3 Beds
2.5 Baths
1,583 Sq Ft
$242/Sq Ft Est. Value

Last Sold May 24, 2023

Last sale price $340,000 $215 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,392/month

1 Day on Market

Highlights

  • Clubhouse
  • Arts and Crafts Architecture
  • Community Pool
  • Indian Trail Elementary School Rated A
  • Lawn
  • Covered Patio or Porch

About This Home

As of May 2023

This 3 bedroom, 2.5 bath townhouse offers heavy crown molding throughout majority of home, bead board accents in small loft area upstairs. Granite kitchen countertops. Per a previous owner AC replaced in 2017. Covered back porch overlooking the fenced back yard. The community features a pool, recreational area, walking trails and Club House. 2 car Garage. Hurry, won't last long.

Last Agent to Sell the Property

Donald Newell

David Hoffman Realty License #189941 Listed on: 04/25/2023

Co-Listed By

Ellis Newell

David Hoffman Realty License #315058

Last Buyer's Agent

Lisa Holden

Holden Realty License #205244

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,012

Year Built

  • Built in 2002

Lot Details

  • Back Yard Fenced
  • Lawn

HOA Fees

  • $199 Monthly HOA Fees

Parking

  • 2 Car Detached Garage

Home Design

  • Arts and Crafts Architecture
  • Entry on the 1st floor
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Insulated Windows
  • French Doors
  • Living Room with Fireplace

Kitchen

  • Electric Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Linoleum
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Garden Bath

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 07-147-268

Community Details

Overview

  • Braessael Management Co. Association, Phone Number (704) 847-3507
  • Chestnut Oaks Subdivision
  • Mandatory home owners association

Amenities

  • Clubhouse

Recreation

  • Community Playground
  • Community Pool
  • Trails

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,012

Year Built

Built in 2002

Lot Details

0

HOA Fees

$199 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Architectural Style: Arts and Crafts
  • Year Built: 2002
  • Restrictions: Architectural Review
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Concrete
  • Unit Levels: Two
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 214.78
  • Geocode Confidence: High
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Entry Level: 1
  • Fireplace: Yes
  • Flooring: Carpet, Linoleum, Tile
  • Interior Amenities: Attic Other, Garden Tub
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 785
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 798
  • Appliances: Dishwasher, Disposal, Dryer, Electric Oven, Microwave, Washer
  • Above Grade Finished Sq Ft: 1583
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Fireplace Features: Gas Log, Living Room
  • Living Area: 1583
  • Window Features: Insulated Window(s)
  • Bedroom Main: 0
  • Room Count: 7

Exterior Features

  • Exterior Features: Lawn Maintenance
  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Fencing: Back Yard
  • Construction Type: Vinyl
  • Patio And Porch Features: Covered, Rear Porch

Garage/Parking

  • Main Level Garage YN: 1
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Detached Garage

Utilities

  • Heating: Natural Gas
  • Sewer: County Sewer
  • Laundry Features: Laundry Room, Main Level
  • Cooling: Central Air
  • Water Source: County Water

Condo/Co-op/Association

  • Community Features: Clubhouse, Outdoor Pool, Playground, Sidewalks, Street Lights, Walking Trails
  • Association Fee: 199
  • Association Fee Frequency: Monthly
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: Braessael Management Co.
  • Phone: 704-847-3507
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Association Annual Expense: 2388.00

Schools

  • Middle Or Junior School: Sun Valley
  • HOA Subject To: Required

Lot Info

  • Lot Features: Level
  • Lot Size Area: 0.075
  • Lot Size Units: Acres
  • Parcel Number: 07-147-268
  • Zoning: AT1
  • Land Included Yn: 1
  • ResoLotSizeUnits: Acres
  • Zoning Specification: AT1

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2023
Closed on
May 24, 2023
Sold by
Crews Matthew R
Bought by
Albright Ryan and Albright Ashton L
Seller's Agent
Donald Newell
David Hoffman Realty
Buyer's Agent
Lisa Holden
Holden Realty
List Price
$340,000
Sold Price
$340,000
Views
88
Current Estimated Value
$383,510

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,510
Avg. Annual Appreciation
5.30%
Original Mortgage
$333,841
Outstanding Balance
$325,078
Interest Rate
6.27%
Mortgage Type
FHA
Estimated Equity
$58,432

Purchase Details

Closed on
Oct 13, 2020
Sold by
Loredo Stephani L and Loredo Edward A
Bought by
Crews Matthew R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 30, 2018
Closed on
Jul 30, 2018
Sold by
Connor Walter H O
Bought by
Loredo Stephani L and Loredo Edward A
Seller's Agent
Cheri Wickham
1st Choice Properties
Buyer's Agent
Diana Cabrera Blanco
Lifestyle International Realty
List Price
$198,000
Sold Price
$205,000
Premium/Discount to List
$7,000
3.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.16%
Original Mortgage
$153,750
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 21, 2003
Sold by
Dogwood Homes Inc
Bought by
Oconnor Walter H
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
Albright Ryan $340,000 None Listed On Document
Crews Matthew R $240,000 None Available
Loredo Stephani L $205,000 None Available
Oconnor Walter H $139,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Albright Ryan $333,841
Previous Owner Crews Matthew R $228,000
Previous Owner Loredo Stephani L $153,750
Previous Owner Oconnor Walter H $175,000
Previous Owner Oconnor Walter H $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2023 05/24/23 Sold $340,000 0.0% $215 / Sq Ft
04/26/2023 04/26/23 Pending -- -- --
04/25/2023 04/25/23 For Sale $340,000 +65.9% $215 / Sq Ft
07/30/2018 07/30/18 Sold $205,000 +3.5% $136 / Sq Ft
07/01/2018 07/01/18 Pending -- -- --
06/30/2018 06/30/18 For Sale $198,000 0.0% $132 / Sq Ft
08/19/2014 08/19/14 Rented $1,395 0.0% --
08/15/2014 08/15/14 Under Contract -- -- --
07/15/2014 07/15/14 For Rent $1,395 -- --
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 $2,012 $226,800 $40,600 $186,200
2023 $1,931 $226,800 $40,600 $186,200
2022 $1,910 $226,800 $40,600 $186,200
2021 $1,908 $226,800 $40,600 $186,200
2020 $1,622 $157,500 $28,000 $129,500
2019 $1,615 $157,500 $28,000 $129,500
2018 $1,615 $157,500 $28,000 $129,500
2017 $1,694 $157,500 $28,000 $129,500
2016 $1,671 $157,500 $28,000 $129,500
2015 $1,688 $157,500 $28,000 $129,500
2014 $1,081 $152,710 $25,000 $127,710
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4024020

Canopy MLS (Canopy Realtor® Association)

APN: 07-147-268