NOT LISTED FOR SALE

324 River Banks Rd Matthews, NC 28105

Estimated Value: $575,000 - $614,000

4 Beds
2.5 Baths
2,466 Sq Ft
$241/Sq Ft Est. Value

Last Sold February 17, 2021

Last sale price $397,500 $161 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $3,477/month

Highlights

  • Open Floorplan
  • Transitional Architecture
  • Attached Garage
  • Crestdale Middle School Rated A-
  • Wood Flooring
  • Tray Ceiling

About This Home

As of February 2021

OPEN HOUSE CANCELLED - UNDER CONTRACT. This home is ideally located on a large lot with greenway access directly behind and on a quiet cul-de-sac. Enter the foyer to hardwood floors and an open living room leading to dining room and large powder room. The kitchen with island and built in desk opens to the breakfast area and family room offering a cozy gas fireplace and views of the tranquil back yard. Enjoy time outdoors in your fenced yard and relaxing on the spacious deck. This home has four bedrooms and 2 full baths in addition to a flex/office and laundry on the upper level. The owner suite has a vaulted ceiling, expansive walk in closet and separate shower and garden tub along with a dual vanity. Direct access from your fenced yard via a gate puts you right on Four Mile Creek Greenway to walk or bike to downtown Matthews and be right at Squirrel Lake Park. Roof replaced in 2012. HVAC and Furnace replaced in 2012. Stove and sink replaced in 2019. Welcome Home!

Last Agent to Sell the Property

Caroline Grossman

Howard Hanna Allen Tate Charlotte South License #287359 Listed on: 01/14/2021

Howard Hanna Allen Tate Charlotte South

Last Buyer's Agent

Lance McSwain

Howard Hanna Allen Tate Southpark License #167035

Howard Hanna Allen Tate Southpark

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1996

Lot Details

  • Level Lot
  • Many Trees

HOA Fees

  • $12 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Transitional Architecture
  • Vinyl Siding

Interior Spaces

  • Open Floorplan
  • Tray Ceiling
  • Gas Log Fireplace
  • Crawl Space
  • Pull Down Stairs to Attic
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • Garden Bath

Community Details

  • Association Phone (704) 565-5009

Listing and Financial Details

  • Assessor Parcel Number 227-215-31

Home Details

Home Type

Single Family

Year Built

Built in 1996

Lot Details

0

HOA Fees

$12 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Architectural Style: Transitional
  • Construction Status: Complete
  • Ratio Close Price By List Price: 1.02581
  • Ratio Close Price By Original Li: 1.02581
  • Ratio Current Price By Acre: 1104166.67
  • Ratio Current Price By Sq Ft: 161.19
  • Year Built: 1996
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space
  • Upper Level Sq Ft: 1368
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 4
  • Equipment: Cable Prewire, Ceiling Fan(s), Cooktop Electric, Dishwasher, Disposal, Electric Oven, Electric Dryer Hookup, Ice Maker Connection, Microwave, Security System, Self Cleaning Oven
  • Fireplace Description: FAMILYRM, Gas Logs
  • Fireplace: Yes
  • Fixture Exception Description: TV Mounts
  • Fixture Exception Yn: Yes
  • Flooring: Carpet, Tile, Wood
  • H O A Management Phone: (704) 565-5009
  • Interior Amenities: Attic Stairs Pulldown, Garden Tub, Kitchen Island, Open Floorplan, Pantry, Tray Ceiling, Vaulted Ceiling, Walk-In Closet(s)
  • Laundry Location: Upper
  • Room Count: 2
  • Main Level Sq Ft: 1098
  • Total Sq Ft: 2466

Exterior Features

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

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Garage - 2 Car, Garage Door Opener, Parking Space - 2

Utilities

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

Condo/Co-op/Association

  • Community Features: Sidewalk, Street Lights
  • Association Fee: 142.00
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Matthews
  • Middle School: Crestdale
  • High School: Butler

Lot Info

  • Lot Features: Cul-de-sac Lot, Level, Trees
  • Lot Size Area: 0.360
  • Parcel Number: 227-215-31
  • Zoning Specification: R15CL

Tax Info

  • Tax Value: 300500.00
  • Tax Location: Matthews

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2021
Closed on
Feb 17, 2021
Sold by
Buchanan Brett A and Buchanan Lauren E
Bought by
Murray Matthew
Seller's Agent
Caroline Grossman
Howard Hanna Allen Tate Charlotte South
Buyer's Agent
Lance McSwain
Howard Hanna Allen Tate Southpark
List Price
$387,500
Sold Price
$397,500
Premium/Discount to List
$10,000
2.58%
Current Estimated Value
$593,342

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$195,842
Avg. Annual Appreciation
9.06%
Original Mortgage
$318,000
Outstanding Balance
$284,822
Interest Rate
2.65%
Mortgage Type
New Conventional
Estimated Equity
$308,520

Purchase Details

Closed on
Mar 2, 2015
Sold by
Buchanana Brett A
Bought by
Buchanan Brett A and Buchanan Lauren E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,800
Interest Rate
3.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 8, 2009
Sold by
Wray Daniel M and Wray Amy K
Bought by
Buchanan Brett A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,489
Interest Rate
4.88%
Mortgage Type
FHA

Purchase Details

Closed on
May 25, 2005
Sold by
American General Financial Services Inc
Bought by
Wray Daniel M and Wray Amy K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,200
Interest Rate
5.8%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 14, 2005
Sold by
Jones Addie J and Bodrick Naderiah J
Bought by
American General Financial Services Inc

Purchase Details

Closed on
Oct 17, 1997
Sold by
Jones Addie J and Bodrick Naderiah J
Bought by
Jones Addie J and Bodrick Charles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,700
Interest Rate
7.39%
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
Murray Matthew $397,500 Chicago Title
Buchanan Brett A -- None Available
Buchanan Brett A $249,000 The Title Company Of Nc
Wray Daniel M $188,000 First American Title Ins Co
American General Financial Services Inc $215,073 --
Jones Addie J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Murray Matthew $318,000
Previous Owner Buchanan Brett A $196,800
Previous Owner Buchanan Brett A $244,489
Previous Owner Wray Daniel M $147,200
Previous Owner Jones Addie J $41,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/17/2021 02/17/21 Sold $397,500 +2.6% $161 / Sq Ft
01/15/2021 01/15/21 Pending -- -- --
01/14/2021 01/14/21 For Sale $387,500 -- $157 / 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 $3,828 $504,100 $100,000 $404,100
2024 $3,828 $504,100 $100,000 $404,100
2023 $3,773 $504,100 $100,000 $404,100
2022 $2,780 $300,500 $75,000 $225,500
2021 $2,780 $300,500 $75,000 $225,500
2020 $2,735 $300,500 $75,000 $225,500
2019 $2,729 $300,500 $75,000 $225,500
2018 $2,677 $224,900 $45,000 $179,900
2017 $2,623 $224,900 $45,000 $179,900
2016 $2,620 $224,900 $45,000 $179,900
2015 $2,616 $224,900 $45,000 $179,900
2014 $2,564 $224,900 $45,000 $179,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3697515

Canopy MLS (Canopy Realtor® Association)

APN: 227-215-31