NOT LISTED FOR SALE

3053 Summerfield Ridge Ln Matthews, NC 28105

Marshbrooke Neighborhood

Estimated Value: $254,000 - $284,000

3 Beds
2.5 Baths
1,387 Sq Ft
$196/Sq Ft Est. Value

Last Sold April 11, 2024

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

Est. 4% decrease in value since last sale

Current estimated payment $1,597/month

About This Home

As of May 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.

Last Agent to Rent the Property

Raghu Kukunoor

Red Bricks Realty LLC Brokerage Email: Raghu.Kukunoor@gmail.com License #332614 Listed on: 05/01/2024

Last Renter's Agent

Brenda Shi

Keller Williams Ballantyne Area License #261711

Keller Williams Ballantyne Area

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,878

Year Built

  • Built in 2006

Lot Details

  • 436

Parking

  • 2 Parking Garage Spaces

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 2-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Schools

  • Crown Point Elementary School
  • Mint Hill Middle School
  • Butler High School

Community Details

  • Summerfield Condos
  • Summerfield Subdivision

Listing and Financial Details

  • Security Deposit $1,895
  • Property Available on 5/1/24
  • Tenant pays for all except water

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,878

Year Built

Built in 2006

Lot Details

0

Rental Info

  • Tenant Pays: All except water
  • Furnished: Unfurnished
  • Pets Allowed: Conditional
  • Smoking Allowed Yn: 0
  • Available Date: 2024-05-01
  • Security Deposit: 1895
  • Application Fee: 50

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Townhouse
  • Year Built: 2006
  • Road Surface Type: Paved
  • Unit Levels: Two
  • ResoPropertyType: ResidentialLease
  • Ratio CurrentPrice/TotalPropertyHLA: 1.37
  • Geocode Confidence: High
  • Attribution Contact: Raghu.Kukunoor@gmail.com
  • Special Features: None

Interior Features

  • Entry Level: 1
  • Interior Amenities: Walk-In Closet(s)
  • Main Level Sq Ft: 673
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 714
  • Above Grade Finished Sq Ft: 1387
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 1387
  • Bedroom Main: 0
  • Room Count: 7
  • Move In Fee: 0

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Assigned Spaces: 2

Condo/Co-op/Association

  • Complex Name: Summerfield
  • Senior Community: No

Schools

  • Middle Or Junior School: Mint Hill
  • HOA Subject To: Required

Lot Info

  • Lot Size Area: 0.01
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Crown Point
  • High School: Butler

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
$271,693

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$269,798
Avg. Annual Appreciation
-2.72%
Original Mortgage
$212,624
Outstanding Balance
$209,483
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$62,210

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:

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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
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 $140,409
Previous Owner Bass Horace D $127,068
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
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 View Prior Sale
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 View Prior Sale
04/07/2018 04/07/18 Pending -- -- --
03/27/2018 03/27/18 For Sale $139,000 -- $102 / 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 $1,878 $241,500 $60,000 $181,500
2024 $1,878 $241,500 $60,000 $181,500
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

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4135049

Canopy MLS (Canopy Realtor® Association)

APN: 193-545-33