NOT LISTED FOR SALE

3538 Margaret Wallace Rd Matthews, NC 28105

Estimated Value: $722,000 - $1,183,000

6 Acres
$154,627 Price per Acre
268,330 Sq Ft Lot

Last Sold August 28, 2023

Last sale price $907,000 $529 Per Sq Ft

Est. 16% decrease in value since last sale

Current estimated payment $4,706/month

144 Days on Market

Highlights

  • 6.16 Acre Lot
  • No HOA
  • Level Lot

About This Lot

As of August 2023

6.16 acres located in Matthews and approved for 22 home development w/ approved home designs. This is a great location and ready for you to develop!

Last Agent to Sell the Property

Brett Carraway

Northstar Real Estate, LLC Brokerage Email: brettsellscharlotte@gmail.com License #289414 Listed on: 09/29/2020

Last Buyer's Agent

Sandy Plachecki

EXP Realty LLC Rock Hill License #84104

EXP Realty LLC Rock Hill

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,753

Lot Details

  • 6.16 Acre Lot
  • Level Lot
  • Possible uses of the property include Residential, Subdevelopment
  • Property is zoned R15

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 193-062-07

Property Details

Property Type

Land

Est. Annual Taxes

$5,753

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Acreage
  • Habitable Residence Yn: Yes
  • Restrictions: Other - See Remarks
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • ResoPropertyType: Land
  • Attribution Contact: brettsellscharlotte@gmail.com
  • Special Features: None

Interior Features

  • Possible Use: Residential, Subdevelopment
  • Room Count: 0

Exterior Features

  • Other Structures: None

Garage/Parking

  • Garage Yn: No
  • Open Parking: No

Utilities

  • Sewer: Public Sewer
  • Water Source: City

Condo/Co-op/Association

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

Schools

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

Lot Info

  • Lot Features: Level
  • Lot Size Area: 6.16
  • Lot Size Units: Acres
  • Parcel Number: 193-062-07
  • Lot Size Acres: 6.16
  • Lot Size Sq Ft: 268329
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R15

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2020
Closed on
Aug 25, 2023
Sold by
Ls Development Group Llc
Bought by
Trelb Arbor Village Llc
Seller's Agent
Brett Carraway
Northstar Real Estate, LLC
Buyer's Agent
Sandy Plachecki
EXP Realty LLC Rock Hill
List Price
$1,000,000
Sold Price
$907,000
Premium/Discount to List
-$93,000
-9.3%
Views
18
Current Estimated Value
$765,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$141,667
Avg. Annual Appreciation
-0.40%

Purchase Details

Closed on
Aug 28, 2020
Sold by
Lc Hardwood Floors Inc
Bought by
Ls Development Group Llc

Purchase Details

Closed on
Dec 1, 2016
Sold by
Parshavanath Enterprisee Llc
Bought by
Lc Hardwood Floors Inc

Purchase Details

Closed on
Sep 24, 2008
Sold by
Brogan Pamela Carlette and Brogan James S
Bought by
Parshvanath Enterprise Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,000
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Trelb Arbor Village Llc $907,000 Df Title
Ls Development Group Llc $475,000 Harbor City Title
Lc Hardwood Floors Inc $430,000 None Available
Parshvanath Enterprise Llc $360,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Parshvanath Enterprise Llc $306,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2023 08/28/23 Sold $907,000 -9.3% $529 / Sq Ft
02/20/2021 02/20/21 For Sale $1,000,000 0.0% $583 / Sq Ft
02/20/2021 02/20/21 Pending -- -- --
02/04/2021 02/04/21 Price Changed $1,000,000 -16.7% $583 / Sq Ft
12/10/2020 12/10/20 Price Changed $1,200,000 -7.7% $699 / Sq Ft
09/29/2020 09/29/20 For Sale $1,300,000 -- $758 / 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
2023 $5,753 $262,200 $223,700 $38,500
2022 $5,753 $617,900 $292,600 $325,300
2021 $5,753 $617,900 $292,600 $325,300
2020 $5,660 $617,900 $292,600 $325,300
2019 $5,642 $617,900 $292,600 $325,300
2018 $3,836 $318,600 $104,300 $214,300
2017 $3,754 $318,600 $104,300 $214,300
2016 $3,703 $318,600 $104,300 $214,300
2015 $3,733 $318,600 $104,300 $214,300
2014 $3,655 $318,600 $104,300 $45,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3667597

Canopy MLS (Canopy Realtor® Association)

APN: 193-062-07