$162,000
SOLD NOV 7, 2019

3062 Summerfield Ridge Ln Matthews, NC 28105

Marshbrooke Neighborhood
3 Beds
2.5 Baths
1,417 Sq Ft
$202/mo HOA Fee

Recently Sold

$114 Per Sq Ft

4% Below List Price

58 Days on Market

Highlights

  • Open Floorplan
  • Walk-In Closet
  • Garden Bath
  • Community Pool
  • Storage Room
  • Vinyl Flooring

About This Home

As of November 2019

Freshly painted, move-in ready. Low maintenance living in a quiet, well maintained, established community. Convenient to shopping & major highways. Community has sidewalks, outdoor pool w/showering and changing facility. Close to greenway for walking and biking. Patio partially fenced, allows privacy from neighbors but full view of wooded back. Laminate wood flooring with exception of vinyl in kitchen, baths, laundry room and carpeted stairwell. Master accommodates king size set. Pre-wired for surround sound. Secured storage room off patio area. New roof installed April 2019. Sellers will be installing a stainless steel stove and dishwasher. One owner. Located on private portion of Summerfield Ridge Ln; HOA responsible for road maintenance. This is a sought after community. Come take a look, make an offer.

Last Agent to Sell the Property

Cornita Spears

ERA Live Moore License #243021 Listed on: 08/18/2019

ERA Live Moore

Last Buyer's Agent

Ashulee Sharma

Ashulee Sharma License #301777

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2005

HOA Fees

  • $202 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • Open Floorplan
  • Gas Log Fireplace
  • Window Treatments
  • Storage Room
  • Pull Down Stairs to Attic

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • Walk-In Closet
  • Garden Bath

Listing and Financial Details

  • Assessor Parcel Number 193-545-05

Community Details

Overview

  • Association Mgmt Grp Of Clt Association, Phone Number (704) 897-8786

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Year Built

Built in 2005

Lot Details

0

HOA Fees

$202 per month

Listing Details

  • Property Type: Condo/Townhouse
  • Property Sub Type: 2 Story
  • Ratio Close Price By List Price: 0.96486
  • Ratio Close Price By Original Li: 0.96486
  • Ratio Current Price By Acre: 5400000.00
  • Ratio Current Price By Sq Ft: 114.33
  • Unit Floor Level: 1
  • Year Built: 2005
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 729
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Entry Level: Main
  • Equipment: Cable Prewire, Ceiling Fan(s), CO Detector, Disposal, Electric Dryer Hookup, Ice Maker Connection, Network Ready, Surround Sound
  • Fireplace Description: FAMILYRM, Gas Logs, Gas Vented
  • Fireplace: Yes
  • Flooring: Carpet, Laminate Wood, Vinyl
  • H O A Management Phone: 704-897-8786
  • Interior Amenities: Attic Stairs Pulldown, Garden Tub, Open Floorplan, Walk-In Closet(s), Window Treatments
  • Laundry Location: Main, Laundry Room
  • Room Count: 2
  • Main Level Sq Ft: 688
  • Total Sq Ft: 1417

Exterior Features

  • Construction: Brick Partial, Vinyl
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard, Storage Unit

Garage/Parking

  • Parking: Assigned Parking Space - 2, Parking Space - 2

Utilities

  • Heating: Central Air, Gas Hot Air Furnace
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Outdoor Pool, Sidewalk, Street Lights
  • Association Fee: 202.00
  • Association Fee Frequency: Monthly
  • Complex Name: Summerfield Townhomes
  • HOA Management Company: Association Mgmt Grp of Clt
  • Hoa Subject To Dues: Mandatory

Schools

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

Lot Info

  • Land Included Yn: Yes
  • Lot Size Area: 0.030
  • Parcel Number: 193-545-05
  • Zoning Specification: R9MFCD

Tax Info

  • Tax Value: 149100.00
  • Tax Location: Charlotte

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 29, 2020
Sold by
Gamble Mariana
Bought by
Gamble Mariana and Cunningham Arlen
Total Days on Market
58
Current Estimated Value
$276,957

Purchase Details

Listed on
Aug 18, 2019
Closed on
Nov 7, 2019
Sold by
Staples Sommer and Redfearn Patrick
Bought by
Sharma Ashulee and Singh Asutosh
Seller's Agent
Cornita Spears
ERA Live Moore
Buyer's Agent
Ashulee Sharma
Ashulee Sharma
List Price
$167,900
Sold Price
$162,000
Premium/Discount to List
-$5,900
-3.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.18%
Original Mortgage
$121,500
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 18, 2019
Closed on
Nov 5, 2019
Sold by
Calatlantic Group Inc
Bought by
Redfearn Sommer and Redfearn Patrick
Seller's Agent
Cornita Spears
ERA Live Moore
Buyer's Agent
Ashulee Sharma
Ashulee Sharma
List Price
$167,900
Sold Price
$162,000
Premium/Discount to List
-$5,900
-3.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,500
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 27, 2005
Sold by
The Ryland Group Inc
Bought by
Staples Sommer and Redfearn Patrick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$22,729
Interest Rate
5.35%
Mortgage Type
Stand Alone Second
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 Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Warranty Deed $162,000 Master Title Agency Llc
Warranty Deed -- None Available
Warranty Deed $114,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $120,000 New Conventional
Closed $121,500 New Conventional
Previous Owner $88,300 New Conventional
Previous Owner $22,729 Stand Alone Second
Previous Owner $90,918 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/22/2021 01/22/21 Rented $1,400 0.0% --
01/10/2021 01/10/21 For Rent $1,400 +3.7% --
01/11/2020 01/11/20 Rented $1,350 0.0% --
11/12/2019 11/12/19 For Rent $1,350 0.0% --
11/07/2019 11/07/19 Sold $162,000 -3.5% $114 / Sq Ft
10/15/2019 10/15/19 Pending -- -- --
09/28/2019 09/28/19 For Sale $167,900 0.0% $118 / Sq Ft
08/19/2019 08/19/19 Pending -- -- --
08/18/2019 08/18/19 For Sale $167,900 -- $118 / 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
2023 $1,816 $241,500 $60,000 $181,500
2022 $1,478 $149,100 $40,000 $109,100
2021 $1,553 $149,100 $40,000 $109,100
2020 $1,546 $149,100 $40,000 $109,100
2019 $1,530 $149,100 $40,000 $109,100
2018 $1,462 $105,800 $18,000 $87,800
2017 $1,432 $105,800 $18,000 $87,800
2016 $1,423 $105,800 $18,000 $87,800
2015 $1,411 $105,800 $18,000 $87,800
2014 $1,398 $105,800 $18,000 $87,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3541368

Canopy MLS (Canopy Realtor® Association)

APN: 193-545-05