NOT LISTED FOR SALE

Estimated Value: $1,428,000 - $1,726,000

4 Beds
3 Baths
3,000 Sq Ft
$514/Sq Ft Est. Value

About This Home

This home is located at 3016 Somerset Dr, Charlotte, NC 28209 and is currently estimated at $1,542,910, approximately $514 per square foot. 3016 Somerset Dr is a home located in Mecklenburg County with nearby schools including Sedgefield Elementary, Dilworth Elementary School: Latta Campus, and Sedgefield Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 6, 2009
Sold by
Miller Brandon T and Miller Melissa
Bought by
Mitchell Matthew and Mitchell Stefanie M
Current Estimated Value
$1,542,910

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
5.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 14, 2004
Sold by
Ward Tracy C
Bought by
Miller Brandon T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,500
Interest Rate
5.49%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 31, 2002
Sold by
Jones Kimberly E
Bought by
Ward Tracy C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,500
Interest Rate
6.92%
Mortgage Type
Balloon
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.

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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.

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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.

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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.

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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
Mitchell Matthew $672,500 None Available
Miller Brandon T $255,500 --
Ward Tracy C $225,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mitchell Matthew $400,000
Closed Mitchell Matthew $417,000
Previous Owner Miller Brandon T $50,000
Previous Owner Miller Brandon T $515,000
Previous Owner Miller Brandon T $232,000
Previous Owner Miller Brandon T $32,000
Previous Owner Miller Brandon T $255,500
Previous Owner Ward Tracy C $177,500
Previous Owner Jones Kimberly E $23,200
Previous Owner Jones Kimberly E $130,350
Previous Owner Jones Kimberly E $15,000
Closed Ward Tracy C $25,000
Source: Public Records

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 $9,293 $1,207,000 $665,000 $542,000
2024 $9,293 $1,207,000 $665,000 $542,000
2023 $8,992 $1,207,000 $665,000 $542,000
2022 $8,356 $852,900 $475,000 $377,900
2021 $8,345 $852,900 $475,000 $377,900
2020 $8,338 $852,900 $475,000 $377,900
2019 $8,322 $852,900 $475,000 $377,900
2018 $7,881 $595,100 $270,000 $325,100
2017 $7,766 $595,100 $270,000 $325,100
2016 $7,756 $595,100 $270,000 $325,100
2015 $7,745 $595,100 $270,000 $325,100
2014 $7,705 $0 $0 $0
Source: Public Records

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