NOT LISTED FOR SALE

3053 Summerfield Ridge Ln Matthews, NC 28105

Marshbrooke Neighborhood

Estimated Value: $248,000 - $287,000

3 Beds
3 Baths
1,387 Sq Ft
$198/Sq Ft Est. Value

Last Sold April 11, 2024

Last sale price $283,000 $204 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $1,695/month

About This Home

As of April 2024

Freshly painted 2-story townhome located in Summerfield is available NOW! The 1st floor includes backyard, kitchen, living room, half bath, and laundry room, which also has a provision for pantry room. Brand new carpet in the 2nd floor features the master bedroom attached to master bathroom, 2 additional bedrooms, and a hallway with full bathroom. Conveniently situated off Independence Blvd, near I-485 and Uptown, the property is close to many shopping and dining options!Gas and electricity are the tenant's responsibilities. Water and HOA fees will be paid by the owner. A brand new washer, dryer, and refrigerator are included in the rent. Community amenities include a swimming pool in close walking distance. Two dedicated parking spots are available right in front of the property. Very close proximity to the schools. Every tenant above 18 years will require a credit/background check, proof of funds, and an application fee.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2024
Closed on
Apr 11, 2024
Sold by
Woodham Steven and Woodham Cheryl
Bought by
Paluri Venkata and Paluri Hemalatha
Seller's Agent
Raghu Kukunoor
Red Bricks Realty LLC
Buyer's Agent
Brenda Shi
Keller Williams Ballantyne Area
Sold Price
$1,895
Views
311
Current Estimated Value
$275,189

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$273,294
Avg. Annual Appreciation
-2.40%
Original Mortgage
$212,624
Outstanding Balance
$210,439
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$64,750

Purchase Details

Listed on
Mar 27, 2018
Closed on
Apr 26, 2018
Sold by
Land Antonio D and Bass Horace D
Bought by
Woodham Steven and Woodham Cheryl
Seller's Agent
Susan Ayers
HomeZu
Buyer's Agent
Michael Klyn
COMPASS
List Price
$139,000
Sold Price
$143,000
Premium/Discount to List
$4,000
2.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.13%
Original Mortgage
$140,409
Interest Rate
4.44%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 29, 2006
Sold by
The Ryland Group Inc
Bought by
Bass Horace D and Land Antonio D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,068
Interest Rate
9.88%
Mortgage Type
Purchase Money Mortgage
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
Paluri Venkata $283,000 None Listed On Document
Woodham Steven $143,000 None Available
Bass Horace D $128,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Paluri Venkata $212,624
Previous Owner Woodham Steven $159,000
Previous Owner Woodham Steven $138,500
Previous Owner Woodham Steven $140,409
Previous Owner Bass Horace D $133,755
Previous Owner Bass Horace D $133,929
Previous Owner Bass Horace D $127,068
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2024 05/31/24 Rented $1,895 0.0% --
05/01/2024 05/01/24 For Rent $1,895 0.0% --
04/11/2024 04/11/24 Sold $283,000 -7.2% $204 / Sq Ft
02/03/2024 02/03/24 Price Changed $305,000 -1.3% $220 / Sq Ft
01/18/2024 01/18/24 For Sale $309,000 +116.1% $223 / Sq Ft
04/26/2018 04/26/18 Sold $143,000 +2.9% $105 / Sq Ft
04/07/2018 04/07/18 Pending -- -- --
03/27/2018 03/27/18 For Sale $139,000 -- $102 / Sq Ft

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
2023 $1,816 $241,500 $60,000 $181,500
2022 $1,491 $150,400 $40,000 $110,400
2021 $1,566 $150,400 $40,000 $110,400
2020 $1,559 $150,400 $40,000 $110,400
2019 $1,543 $150,400 $40,000 $110,400
2018 $1,473 $106,700 $18,000 $88,700
2017 $1,444 $106,700 $18,000 $88,700
2016 $1,435 $106,700 $18,000 $88,700
2015 $1,423 $106,700 $18,000 $88,700
2014 $1,409 $106,700 $18,000 $88,700
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map