NOT LISTED FOR SALE

325 Gatewood Ln Matthews, NC 28104

Estimated Value: $328,000 - $483,000

3 Beds
2 Baths
1,161 Sq Ft
$333/Sq Ft Est. Value

Last Sold July 31, 2023

Last sale price $340,000 $293 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,305/month

Highlights

  • Deck
  • Wooded Lot
  • Laundry Room
  • Antioch Elementary School Rated A
  • Traditional Architecture
  • Tile Flooring

About This Home

As of July 2023

Mountain style living right here in Weddington! This charming home sits on a large lot (just under an acre) with lots of mature trees and a huge fenced-in backyard. Features include a gorgeous brick fireplace in the two story family room with vaulted ceilings and stainless steel appliances. The primary suite is located on the main level with a private bath and two additional bedrooms and a second full bath upstairs. The home is on a quiet cul-de-sac road with no through traffic. Currently assigned to Weddington Middle School and Weddington High School. Just minutes from Waverly and Rea Farms and Wesley Chapel. Easy access to NC-16 (Providence Rd) and I485. Don't miss out on this one!

Last Agent to Sell the Property

Rob Konkol

Keller Williams Ballantyne Area License #287789 Listed on: 07/08/2023

Keller Williams Ballantyne Area

Last Buyer's Agent

Dawn Blewett

NorthGroup Real Estate LLC License #71375

NorthGroup Real Estate LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,442

Year Built

  • Built in 1981

Lot Details

  • Fenced
  • Wooded Lot
  • Property is zoned AM6

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 1.5-Story Property
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • Crawl Space

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Outdoor Features

  • Deck

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Septic Tank
  • Cable TV Available

Community Details

  • Gatewood Subdivision

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: Traditional
  • Year Built: 1981
  • Road Surface Type: Concrete, Paved
  • Unit Levels: One and One Half
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 292.85
  • Property Sub Type Additional: None
  • Geocode Confidence: High
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Flooring: Carpet, Laminate, Tile
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 755
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 406
  • Appliances: Dishwasher, Electric Range, Refrigerator
  • Above Grade Finished Sq Ft: 1161
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Family Room, Wood Burning
  • Living Area: 1161
  • Bedroom Main: 1
  • Room Count: 1

Exterior Features

  • New Construction: No
  • Construction Type: Site Built
  • Fencing: Fenced
  • Construction Type: Vinyl
  • Patio And Porch Features: Deck

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Driveway

Utilities

  • Heating: Electric, Heat Pump
  • Sewer: Septic Installed
  • Laundry Features: Electric Dryer Hookup, Main Level, Washer Hookup
  • Cooling: Central Air
  • Utilities: Cable Available, Electricity Connected
  • Water Source: Well

Condo/Co-op/Association

  • Hoa Subject To Dues: No
  • Senior Community: No

Schools

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

Lot Info

  • Lot Features: Wooded
  • Lot Size Area: 0.92
  • Lot Size Units: Acres
  • Parcel Number: 06-096-071
  • Zoning: AM6
  • Plat Book Slide: B
  • Plat Reference Section Pages: 2-A
  • ResoLotSizeUnits: Acres
  • Zoning Specification: AM6

Green Features

  • Green Verification Count: 0

MLS Schools

  • Elementary School: Antioch
  • High School: Weddington

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2023
Closed on
Jul 31, 2023
Sold by
Schmal Skyler R and Schmal Stephen C
Bought by
Cochrane David
Seller's Agent
Rob Konkol
Keller Williams Ballantyne Area
Buyer's Agent
Dawn Blewett
NorthGroup Real Estate LLC
List Price
$329,000
Sold Price
$340,000
Premium/Discount to List
$11,000
3.34%
Views
54
Current Estimated Value
$399,050

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,050
Avg. Annual Appreciation
3.95%
Original Mortgage
$272,000
Outstanding Balance
$266,470
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$101,331

Purchase Details

Closed on
Aug 11, 2022
Sold by
Marie Hurst Amber
Bought by
Schmal Skyler R and Schmal Stephen C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
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 Change Sq Ft Price
07/31/2023 07/31/23 Sold $340,000 +3.3% $293 / Sq Ft
07/08/2023 07/08/23 Pending -- -- --
07/08/2023 07/08/23 For Sale $329,000 -- $283 / 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: 4044861

Canopy MLS (Canopy Realtor® Association)

APN: 06-096-071