NOT LISTED FOR SALE

325 Gatewood Ln Unit 11 Matthews, NC 28104

Estimated Value: $314,000 - $458,000

3 Beds
2 Baths
1,181 Sq Ft
$310/Sq Ft Est. Value

Last Sold August 12, 2022

Last sale price $310,000 $262 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $2,062/month

41 Days on Market

Highlights

  • Open Floorplan
  • Deck
  • Hilly Lot
  • Antioch Elementary School Rated A
  • Contemporary Architecture
  • Private Lot

About This Home

As of August 2022

This house located off Beulah Church Rd in Weddington feels like a vacation get away. A large lot of mature trees
make you feel as you have entered a mountain retreat. Conveniently located to shopping, restaurants, and gyms it has all the convivences while savoring rural bliss. When you enter you immediately notice the two story family room with it's cozy brick wood burning fire place. The Primary suite is located on the main level, with ample closet storage and a In suite bathroom. Upstairs, two additional bedrooms share a full bath. Enjoy starting your mornings with a cup off coffee on your private deck off the dining area. Your wooded year round view surrounds you with the beauty of nature. This charming chalet in the woods is a true beauty to behold.

Last Agent to Sell the Property

Katherine Young

NorthGroup Real Estate LLC License #290332 Listed on: 07/01/2022

NorthGroup Real Estate LLC

Last Buyer's Agent

Rob Konkol

Keller Williams Ballantyne Area License #287789

Keller Williams Ballantyne Area

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,442

Year Built

  • Built in 1981

Lot Details

  • Private Lot
  • Sloped Lot
  • Hilly Lot
  • Wooded Lot
  • Property is zoned R-40, R-40

Parking

  • Driveway

Home Design

  • Contemporary Architecture
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • Open Floorplan
  • Ceiling Fan
  • Family Room with Fireplace
  • Vinyl Flooring
  • Crawl Space
  • Laundry Room

Kitchen

  • Electric Cooktop
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Schools

  • Antioch Elementary School
  • Weddington Middle School
  • Weddington High School

Utilities

  • Central Heating
  • Septic Tank

Additional Features

  • More Than Two Accessible Exits
  • Deck

Listing and Financial Details

  • Assessor Parcel Number 06-096-071

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,442

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary
  • Year Built: 1981
  • Ratio Current Price By Acre: 336956.52
  • Restrictions: No Restrictions
  • Road Surface Type: Concrete
  • Structure Type: One and a Half Story
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 262.49
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Open Floorplan, Split Bedroom
  • Fixture Exception Yn: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 770
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 411
  • Porch: Deck
  • Appliances: Ceiling Fan(s), Electric Cooktop, Dishwasher, Disposal
  • Accessibility Features: Two or More Access Exits
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Family Room
  • Living Area: 1181
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Half Bathrooms: 0
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Half Bathrooms: 0

Exterior Features

  • New Construction: No
  • Roof: Composition
  • Construction Status: Complete
  • Tax Location: Weddington
  • Construction Type: Site Built
  • Construction Type: Vinyl Siding

Garage/Parking

  • Main Level Garage YN: 0
  • Parking Features: Driveway

Utilities

  • Heating: Central
  • Sewer: Septic Installed
  • Water Heater: Electric
  • Laundry Features: Main Level
  • Water Source: Well

Schools

  • Middle Or Junior School: Weddington
  • HOA Subject To: None

Lot Info

  • Lot Features: Hilly, Private, Sloped, Wooded, Views, Winter View, Wooded, Year Round View
  • Lot Size Area: 0.92
  • Lot Size Units: Acres
  • Parcel Number: 06-096-071
  • Zoning Description: R-40
  • ResoLotSizeUnits: Acres

Tax Info

  • RATIO List Price By Tax Amount: 1.74612

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Antioch
  • High School: Weddington

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 31, 2023
Sold by
Schmal Skyler R and Schmal Stephen C
Bought by
Cochrane David
Current Estimated Value
$366,328

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Outstanding Balance
$266,470
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$99,858

Purchase Details

Listed on
Jul 1, 2022
Closed on
Aug 11, 2022
Sold by
Marie Hurst Amber
Bought by
Schmal Skyler R and Schmal Stephen C
Seller's Agent
Katherine Young
NorthGroup Real Estate LLC
Buyer's Agent
Rob Konkol
Keller Williams Ballantyne Area
List Price
$315,000
Sold Price
$310,000
Premium/Discount to List
-$5,000
-1.59%
Views
2

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.41%
Original Mortgage
$312,000
Interest Rate
5.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 15, 2019
Sold by
Murray Kevin D and Murray Martha R
Bought by
Hurst Amber Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 1, 2002
Sold by
James Howard A and James Constance M
Bought by
Murray Kevin D and Murray Martha R

Purchase Details

Closed on
Aug 13, 1999
Sold by
Shank Michael L and Shank Lora C
Bought by
James Howard A and James Constance M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,600
Interest Rate
7.37%
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
Cochrane David $340,000 None Listed On Document
Schmal Skyler R $310,000 None Listed On Document
Hurst Amber Marie $180,000 None Available
Murray Kevin D $110,000 --
James Howard A $116,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cochrane David $272,000
Previous Owner Schmal Skyler R $312,000
Previous Owner Hurst Amber Marie $171,000
Previous Owner Murray Kevin D $1,100,000
Previous Owner James Howard A $110,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/12/2022 08/12/22 Sold $310,000 -1.6% $262 / Sq Ft
07/01/2022 07/01/22 For Sale $315,000 -- $267 / 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 $1,442 $180,400 $48,500 $131,900
2023 $1,142 $180,400 $48,500 $131,900
2022 $1,147 $180,400 $48,500 $131,900
2021 $1,147 $180,400 $48,500 $131,900
2020 $947 $129,520 $33,920 $95,600
2019 $1,014 $129,520 $33,920 $95,600
2018 $947 $129,520 $33,920 $95,600
2017 $1,011 $129,500 $33,900 $95,600
2016 $993 $129,520 $33,920 $95,600
2015 $1,006 $129,520 $33,920 $95,600
2014 -- $126,030 $67,200 $58,830
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3860054

Canopy MLS (Canopy Realtor® Association)

APN: 06-096-071