NOT LISTED FOR SALE

3404 Ludman Way Matthews, NC 28105

Estimated Value: $833,000 - $1,015,000

5 Beds
6 Baths
4,565 Sq Ft
$197/Sq Ft Est. Value

Last Sold September 09, 2019

Last sale price $550,000 $120 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $5,253/month

72 Days on Market

Highlights

  • Arts and Crafts Architecture
  • Walk-In Closet
  • Shed
  • Wood Flooring
  • Breakfast Bar
  • Garden Bath

About This Home

As of September 2019

Spectacular fully-upgraded custom Craftsman residence on beautiful .77 ac culdesac lot. Multi-generational potential w/ Master & 2nd bedroom/full bath + office on main level OR double offices. Hardwood floors, soaring 2-story foyer & great room, stunning stone fireplace, NEW PAINT. Fabulous Chef's kitchen has Viking appliances, full installation refrigerator, commercial 6-burner gas stove, range hood, granite counters, large island, coffee bar, huge walk-in pantry. Wrap-around front porch, rear screened porch. Storage galore - cedar closet, utility closets and walk-in bedroom closets. Expansive floor plan with as many as 6 bedrooms. Jack & Jill baths, all bedrooms with direct access. Large bonus & exercise room, rear staircase. Outdoor built-in Viking gas grill, $30K stone patio w seating, fire pit. Full irrigation, professional landscaping, truly a beautiful lot & setting. 3+ Car Side Load Garage has 860 sf and 9 ft Doors to accommodate large vehicles plus heated/cooled storage space.

Last Agent to Sell the Property

Lenore Prisco

Coldwell Banker Realty License #239523 Listed on: 06/02/2019

Coldwell Banker Realty

Last Buyer's Agent

Clinton Evans

Howard Hanna Allen Tate Charlotte South License #308093

Howard Hanna Allen Tate Charlotte South

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2005

Lot Details

  • Many Trees

HOA Fees

  • $38 Monthly HOA Fees

Parking

  • Workshop in Garage

Home Design

  • Arts and Crafts Architecture
  • Stone Siding

Interior Spaces

  • Gas Log Fireplace
  • Insulated Windows
  • Crawl Space

Kitchen

  • Breakfast Bar
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • Garden Bath

Attic

  • Attic Fan
  • Pull Down Stairs to Attic

Outdoor Features

  • Fire Pit
  • Shed
  • Outdoor Gas Grill

Listing and Financial Details

  • Assessor Parcel Number 193-406-06

Home Details

Home Type

Single Family

Year Built

Built in 2005

Lot Details

0

HOA Fees

$38 per month

Parking

3

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Architectural Style: Arts and Crafts
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.98214
  • Ratio Close Price By Original Li: 0.94017
  • Ratio Current Price By Acre: 714285.71
  • Ratio Current Price By Sq Ft: 120.48
  • Year Built: 2005
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space
  • Upper Level Sq Ft: 1907
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bathrooms: 6.00
  • Total Bedrooms: 5
  • Doors and Windows: Insulated Windows
  • Equipment: Ceiling Fan(s), Cable Prewire, Cooktop Gas, Disposal, Dishwasher, Electric Dryer Hookup, Gas Range, Microwave, Exhaust Hood, Self Cleaning Oven, Wall Oven, Warming Drawer, Electric Oven
  • Fireplace Description: Gas Logs, Great Room
  • Fireplace: Yes
  • Fixture Exception Description: Water Fountain on patio
  • Fixture Exception Yn: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Attic Fan, Attic Stairs Pulldown, Breakfast Bar, Garage Shop, Garden Tub, Kitchen Island, Walk-In Closet(s), Walk-In Pantry
  • Laundry Location: Main, Laundry Room
  • Room Count: 2
  • Main Level Sq Ft: 2658
  • Total Sq Ft: 4565

Exterior Features

  • Construction: Fiber Cement, Stone
  • Construction Type: Site Built
  • Exterior Features: Fire pit, In-Ground Gas Grill, Shed(s)

Garage/Parking

  • Driveway: Concrete
  • Parking: Driveway, Garage - 3 Car, Garage Door Opener, Side Load Garage

Utilities

  • Heating: Central Air, Gas Hot Air Furnace, Multizone A/C, MultiZone Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Fee: 115.00
  • Association Fee Frequency: Quarterly
  • Hoa Subject To Dues: Mandatory

Schools

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

Lot Info

  • Lot Features: Cul-de-sac Lot, Trees
  • Lot Size Area: 0.770
  • Parcel Number: 193-406-06
  • Zoning Specification: R20

Tax Info

  • Tax Value: 500700.00
  • Tax Location: Matthews

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2019
Closed on
Sep 5, 2019
Sold by
Gallucci John P and Sokany Nancy M
Bought by
Moktan Peter and Tamang Sujana Lama
Seller's Agent
Lenore Prisco
Coldwell Banker Realty
Buyer's Agent
Clinton Evans
Howard Hanna Allen Tate Charlotte South
List Price
$585,000
Sold Price
$550,000
Premium/Discount to List
-$35,000
-5.98%
Current Estimated Value
$898,438

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$348,438
Avg. Annual Appreciation
8.43%
Original Mortgage
$250,000
Outstanding Balance
$219,428
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$679,010

Purchase Details

Closed on
Jul 18, 2014
Sold by
Adams Dale Allen and Adams Janet G
Bought by
Gallucci John P and Sokany Nancy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$421,600
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 25, 2006
Sold by
Abbey Builders Inc
Bought by
Adams Dale Allen and Adams Janet G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 2, 2004
Sold by
Sunlion Construction Inc
Bought by
Abbey Builders Inc
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
Moktan Peter $550,000 Master Title Agency
Gallucci John P $527,000 None Available
Adams Dale Allen $563,500 None Available
Abbey Builders Inc $728,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moktan Peter $250,000
Previous Owner Gallucci John P $421,600
Previous Owner Adams Dale Allen $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2019 09/09/19 Sold $550,000 -1.8% $120 / Sq Ft
08/13/2019 08/13/19 Pending -- -- --
08/01/2019 08/01/19 Price Changed $560,000 -2.6% $123 / Sq Ft
07/11/2019 07/11/19 Price Changed $575,000 -1.7% $126 / Sq Ft
06/30/2019 06/30/19 For Sale $585,000 0.0% $128 / Sq Ft
06/18/2019 06/18/19 Pending -- -- --
06/02/2019 06/02/19 For Sale $585,000 -- $128 / 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 $5,420 $716,400 $115,000 $601,400
2024 $5,420 $716,400 $115,000 $601,400
2023 $5,343 $716,400 $115,000 $601,400
2022 $4,605 $500,700 $86,300 $414,400
2021 $4,605 $500,700 $86,300 $414,400
2020 $4,530 $500,700 $86,300 $414,400
2019 $4,524 $500,700 $86,300 $414,400
2018 $5,144 $434,300 $67,500 $366,800
2017 $5,043 $434,300 $67,500 $366,800
2016 $5,040 $434,300 $67,500 $366,800
2015 $5,036 $423,000 $67,500 $355,500
2014 $5,372 $472,700 $75,000 $397,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3514287

Canopy MLS (Canopy Realtor® Association)

APN: 193-406-06