NOT LISTED FOR SALE

3122 Summerfield Ridge Ln Matthews, NC 28105

Marshbrooke Neighborhood

Estimated Value: $258,000 - $283,046

2 Beds
2.5 Baths
1,430 Sq Ft
$208/mo HOA Fee

Last Sold March 11, 2020

Last sale price $145,000 $101 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $1,805/month

1 Day on Market

Highlights

  • Open Floorplan
  • Community Pool
  • Vinyl Flooring
  • Private Lot
  • Breakfast Bar
  • Gas Log Fireplace

About This Home

As of March 2020

Two story foyer with hardwood floors. Entry hall leads to the kitchen and great room. Great room features a gas log fireplace. Kitchen offers breakfast bar for casual meals and a pantry. Upstairs there are two bedrooms each with private en suite baths. Powder room o the main floor. Beautifully landscaped entry. Single car garage. One of the most private backyards in the neighborhood backing to a wooded area. Home is being sold "as-is" and is reflected in pricing.

Last Agent to Sell the Property

Leigh Brown

One Community Real Estate License #213785 Listed on: 02/14/2020

Co-Listed By

Virginia Halter

One Community Real Estate License #59042

Last Buyer's Agent

Sasha Levons

Premier Sotheby's International Realty License #272351

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2003

Lot Details

  • 1,307

HOA Fees

  • $208 Monthly HOA Fees

Parking

  • 1

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • Open Floorplan
  • Gas Log Fireplace
  • Insulated Windows
  • Vinyl Flooring
  • Breakfast Bar

Listing and Financial Details

  • Assessor Parcel Number 193-542-51

Community Details

Overview

  • Amg Association, Phone Number (704) 897-8780

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Year Built

Built in 2003

Lot Details

0

HOA Fees

$208 per month

Parking

1

Listing Details

  • Property Type: Condo/Townhouse
  • Property Sub Type: 2 Story
  • Construction Status: Complete
  • Ratio Close Price By List Price: 1.03571
  • Ratio Close Price By Original Li: 1.03571
  • Ratio Current Price By Acre: 4833333.33
  • Ratio Current Price By Sq Ft: 101.40
  • Unit Floor Level: 1
  • Year Built: 2003
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 748
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 2
  • Doors and Windows: Insulated Windows
  • Entry Level: Main
  • Equipment: Ceiling Fan(s), Cable Prewire, Dryer, Dishwasher, Electric Dryer Hookup, Electric Range, Ice Maker Connection, Microwave, Refrigerator, Washer, Electric Oven
  • Fireplace Description: Gas Logs, Living Room
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl
  • H O A Management Phone: 704-897-8780
  • Interior Amenities: Attic Other, Breakfast Bar, Open Floorplan, Pantry, Vaulted Ceiling
  • Laundry Location: Upper, Closet
  • Room Count: 2
  • Main Level Sq Ft: 682
  • Total Sq Ft: 1430

Exterior Features

  • Construction: Brick Partial, Vinyl
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Concrete
  • Parking: Garage - 1 Car

Utilities

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

Condo/Co-op/Association

  • Community Features: Outdoor Pool
  • Association Fee: 208.00
  • Association Fee Frequency: Monthly
  • Complex Name: Summerfield Townhomes
  • HOA Management Company: AMG
  • Hoa Subject To Dues: Mandatory

Schools

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

Lot Info

  • Land Included Yn: Yes
  • Lot Dimension: 23' x 67'
  • Lot Features: Private
  • Lot Size Area: 0.030
  • Parcel Number: 193-542-51
  • Zoning Specification: R9MFCD

Tax Info

  • Tax Value: 111000.00
  • Tax Location: Matthews

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2020
Closed on
Mar 11, 2020
Sold by
Caune Marty S
Bought by
Gouglas Lorie M
Seller's Agent
Leigh Brown
One Community Real Estate
Buyer's Agent
Sasha Levons
Premier Sotheby's International Realty
List Price
$140,000
Sold Price
$145,000
Premium/Discount to List
$5,000
3.57%
Total Days on Market
1
Current Estimated Value
$270,762

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,762
Avg. Annual Appreciation
13.33%
Original Mortgage
$116,000
Outstanding Balance
$94,504
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$184,165

Purchase Details

Closed on
Feb 6, 2004
Sold by
The Ryland Group Inc
Bought by
Heitman Jane S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,730
Interest Rate
5.77%
Mortgage Type
Credit Line Revolving
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
Gouglas Lorie M $145,000 Harbor City Title
Heitman Jane S $111,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gouglas Lorie M $116,000
Previous Owner Heitman Jane S $112,000
Previous Owner Heitman Jane S $110,730
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/11/2020 03/11/20 Sold $145,000 +3.6% $101 / Sq Ft
02/15/2020 02/15/20 Pending -- -- --
02/14/2020 02/14/20 For Sale $140,000 -- $98 / 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 $1,919 $255,600 $60,000 $195,600
2022 $1,540 $155,500 $40,000 $115,500
2021 $1,540 $155,500 $40,000 $115,500
2020 $1,540 $155,500 $40,000 $115,500
2019 $1,534 $155,500 $40,000 $115,500
2018 $1,484 $111,000 $18,000 $93,000
2017 $1,461 $111,000 $18,000 $93,000
2016 $1,457 $111,000 $18,000 $93,000
2015 $1,454 $111,000 $18,000 $93,000
2014 $1,465 $111,000 $18,000 $93,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3590071

Canopy MLS (Canopy Realtor® Association)

APN: 193-542-51