NOT LISTED FOR SALE

322 Nelson Rd Matthews, NC 28104

Estimated Value: $1,070,000 - $1,895,000

4 Beds
4.5 Baths
5,364 Sq Ft
$277/Sq Ft Est. Value

Last Sold April 23, 2020

Last sale price $1,200,000 $224 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $9,012/month

11 Days on Market

Highlights

  • Barn
  • In Ground Pool
  • Private Lot
  • Antioch Elementary School Rated A
  • Open Floorplan
  • Wooded Lot

About This Home

As of April 2020

This beautiful, well appointed home is surrounded by 8.41 acres in a very private setting. This custom built dream home features detailed custom mill work throughout and upgraded finishes. Mahogany front doors feature beveled, leaded glass. Two-story entry includes triple tray ceiling and stunning floating staircase with black wrought iron spindles and tile floor with black granite inserts. Dining room details include 10 foot tray ceiling and egg and dart molding. Family room features 20' coffered ceiling and raised fireplace with raised granite hearth. Kitchen includes maroon bahia-midnight granite countertops and stainless steel appliances. Radiant cooktop. Custom maple wood cabinets. Home also features billiards room, exercise room, office/study and library loft area. Outdoor living area includes covered lanai/porch, pool with heated spa, waterfall & landscaped lighting. High tech custom alarm system. Attached and detached garages for 7 vehicles. Workshop/Motorcycle garage.

Last Agent to Sell the Property

Joseph Gonzales

Coldwell Banker Realty License #273075 Listed on: 02/29/2020

Coldwell Banker Realty

Last Buyer's Agent

Marla Ghitas

ERA Live Moore License #247856

ERA Live Moore

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1999

Lot Details

  • Home fronts a stream
  • Private Lot
  • Irrigation
  • Wooded Lot

HOA Fees

  • $16 Monthly HOA Fees

Parking

  • Attached Garage
  • Porte-Cochere
  • Workshop in Garage
  • Gravel Driveway

Home Design

  • Transitional Architecture
  • Vinyl Siding

Interior Spaces

  • Open Floorplan
  • Tray Ceiling
  • Cathedral Ceiling
  • Gas Log Fireplace
  • Insulated Windows
  • Window Treatments
  • Pocket Doors
  • Crawl Space
  • Attic

Kitchen

  • Breakfast Bar
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Shed

Farming

  • Barn
  • Pasture

Utilities

  • Heating System Uses Natural Gas
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Community Details

  • Wellington Woods Iv&V HOA

Listing and Financial Details

  • Assessor Parcel Number 07-138-143

Home Details

Home Type

Single Family

Year Built

Built in 1999

Lot Details

0

HOA Fees

$16 per month

Parking

4

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Architectural Style: Transitional
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Acre: 142687.28
  • Ratio Current Price By Sq Ft: 223.71
  • Year Built: 1999
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space
  • Upper Level Sq Ft: 1490
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5.00
  • Total Bedrooms: 4
  • Doors and Windows: Insulated Windows, Pocket Doors
  • Equipment: Cable Prewire, Ceiling Fan(s), Cooktop Electric, Dishwasher, Disposal, Ice Maker Connection, Microwave, Security System
  • Fireplace Description: Gas Logs, Great Room, Primary Bedroom, Natural Gas
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Attic Walk-in, Breakfast Bar, Built-Ins, Cable Available, Cathedral Ceiling(s), Garage Shop, Kitchen Island, Open Floorplan, Pantry, Tray Ceiling, Walk-In Closet(s), Window Treatments
  • Laundry Location: Main
  • Room Count: 2
  • Main Level Sq Ft: 3874
  • Total Sq Ft: 5364
  • Sq Ft Unheated Main: 435
  • Sq Ft Unheated Total: 1435
  • Sq Ft Unheated Upper: 1000

Exterior Features

  • Construction: Hard Stucco, Stone Veneer, Vinyl
  • Construction Type: Site Built
  • Exterior Features: Barn(s), Fenced Yard, Hot Tub, In-Ground Irrigation, Pool-In-Ground, Porte-cochere, Shed(s), Wired Internet Available

Garage/Parking

  • Driveway: Concrete, Gravel
  • Parking: Attached Garage, Carport - 2 Car, Detached Garage, Driveway, Garage - 4+ Car, Golf Cart Garage, Parking Space - 4+

Utilities

  • Heating: Central Air, Gas Hot Air Furnace, Gas Water Heater, Natural Gas
  • Sewer: Septic Installed
  • Water: County Water, Well Installed
  • Water Heater: Electric, Gas

Condo/Co-op/Association

  • Community Features: Security
  • Association Fee: 195.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Wellington Woods IV&V HOA
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Lot Features: Pasture, Private, Stream/Creek, Wooded
  • Lot Size Area: 8.410
  • Parcel Number: 07-138-143
  • Zoning Specification: AM7

Tax Info

  • Tax Value: 1010100.00
  • Tax Location: Union

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 22, 2021
Sold by
Russo Louis and Russo Michael
Bought by
Russo Michael
Total Days on Market
11
Current Estimated Value
$1,487,522

Purchase Details

Listed on
Feb 29, 2020
Closed on
Apr 23, 2020
Sold by
Brooks James R and Brooks Susan A
Bought by
Russo Louis and Russo Michael
Seller's Agent
Joseph Gonzales
Coldwell Banker Realty
Buyer's Agent
Marla Ghitas
ERA Live Moore
List Price
$1,200,000
Sold Price
$1,200,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.26%
Original Mortgage
$107,880
Outstanding Balance
$96,934
Interest Rate
3.48%
Mortgage Type
New Conventional
Estimated Equity
$1,390,588
Source: Public Records

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Range of Values:

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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
Russo Michael -- None Available
Russo Louis $1,200,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Russo Louis $107,880
Previous Owner Brooks James R $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2020 04/23/20 Sold $1,200,000 0.0% $224 / Sq Ft
03/11/2020 03/11/20 Pending -- -- --
02/29/2020 02/29/20 For Sale $1,200,000 -- $224 / 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
2024 $8,214 $1,217,800 $71,000 $1,146,800
2023 $7,709 $1,217,800 $71,000 $1,146,800
2022 $7,745 $1,217,800 $71,000 $1,146,800
2021 $7,745 $1,217,800 $71,000 $1,146,800
2020 $6,195 $847,570 $72,170 $775,400
2019 $6,636 $847,570 $72,170 $775,400
2018 $6,195 $847,570 $72,170 $775,400
2017 $6,620 $847,600 $72,200 $775,400
2016 $6,497 $847,570 $72,170 $775,400
2015 $6,582 $847,570 $72,170 $775,400
2014 $5,266 $776,810 $142,600 $634,210
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3596315

Canopy MLS (Canopy Realtor® Association)

APN: 07-138-143