NOT LISTED FOR SALE

3602 Melrose Cottage Dr Unit L2 Matthews, NC 28105

Marshbrooke Neighborhood

Estimated Value: $235,000 - $248,000

2 Beds
2.5 Baths
1,164 Sq Ft
$180/mo HOA Fee

Last Sold October 08, 2021

Last sale price $195,000 $168 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $1,605/month

4 Days on Market

Highlights

  • Fitness Center
  • Clubhouse
  • Lawn
  • In Ground Pool
  • Traditional Architecture
  • Walk-In Closet

About This Home

As of October 2021

This sought after neighborhood is located 15 minutes to Uptown and 5 minutes to Historical Downtown Matthews. This carefree living could be yours. Bright dining area with the bay window is the beginning of this tour. Kitchen has many cabinets and lots of counter space. Spacious living room with views out to the paved area- the perfect spot to enjoy at the end of your busy days. The primary bedrooms upstairs both boasting their individual bathrooms and closets. Laundry is in the upstairs closet. This wonderful community features a fitness center and pool.

Last Agent to Sell the Property

Dawn Crocker

NextHome Paramount License #227594 Listed on: 08/20/2021

NextHome Paramount

Co-Listed By

Karen Anderson

NextHome Paramount License #153155

Last Buyer's Agent

Karyl Jones

Heart and Home Realty LLC License #100994

Heart and Home Realty LLC

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1997

Lot Details

  • Irrigation
  • Lawn

HOA Fees

  • $180 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Pull Down Stairs to Attic

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • Walk-In Closet

Outdoor Features

  • In Ground Pool
  • Outbuilding

Listing and Financial Details

  • Assessor Parcel Number 193-044-02
  • Tax Block 745

Community Details

Overview

  • Cam Management Association, Phone Number (704) 980-9110

Amenities

  • Clubhouse

Recreation

  • Fitness Center
  • Community Pool

Property Details

Home Type

Condominium

Year Built

Built in 1997

Lot Details

0

HOA Fees

$180 per month

Listing Details

  • Property Type: Condo/Townhouse
  • Property Sub Type: 2 Story
  • Architectural Style: Traditional
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Sq Ft: 167.53
  • Unit Floor Level: 1
  • Year Built: 1997
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 576
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 2
  • Doors and Windows: Screen Door(s)
  • Entry Level: Main
  • Equipment: Ceiling Fan(s), Dishwasher, Electric Range, Ice Maker Connection, Refrigerator
  • Flooring: Carpet, Vinyl
  • H O A Management Phone: 704-980-9110
  • Interior Amenities: Attic Stairs Pulldown, Walk-In Closet(s)
  • Laundry Location: Upper, Closet
  • Room Count: 2
  • Main Level Sq Ft: 588
  • Total Sq Ft: 1164
  • Sq Ft Unheated Main: 40
  • Sq Ft Unheated Total: 40

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built
  • Exterior Features: In-Ground Irrigation, Lawn Maintenance, Outbuilding, Pool-In-Ground

Garage/Parking

  • Parking: Assigned Parking Space - 2

Utilities

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

Condo/Co-op/Association

  • Community Features: Club House, Fitness Center, Outdoor Pool, Sidewalk, Street Lights
  • Association Fee: 180.00
  • Association Fee Frequency: Monthly
  • Complex Name: Melrose Townhomes
  • HOA Management Company: CAM Management
  • Hoa Subject To Dues: Mandatory

Lot Info

  • Land Included Yn: Yes
  • Lot Features: Level
  • Parcel Number: 193-044-02
  • Plat Book Slide: M28
  • Plat Reference Section Pages: 524
  • Zoning Specification: Res

Tax Info

  • Tax Value: 128400.00
  • Tax Block: 745
  • Tax Location: Charlotte

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2021
Closed on
Oct 8, 2021
Sold by
Plank Properties Llc
Bought by
Louissaint Gino and Chesterfield Raynesha
Seller's Agent
Dawn Crocker
NextHome Paramount
Buyer's Agent
Karyl Jones
Heart and Home Realty LLC
List Price
$195,000
Sold Price
$195,000
Current Estimated Value
$242,168

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,168
Avg. Annual Appreciation
5.49%
Original Mortgage
$191,468
Outstanding Balance
$174,601
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$67,567

Purchase Details

Closed on
Jul 18, 2016
Sold by
Residential Research Llc
Bought by
Plank Properties Llc

Purchase Details

Closed on
Jun 25, 2015
Sold by
Sprinkle Allen J and Sprinkle Monica E
Bought by
Resident Research Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
3.92%
Mortgage Type
Purchase Money Mortgage
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
Louissaint Gino $195,000 None Available
Plank Properties Llc -- None Available
Resident Research Llc $82,500 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Louissaint Gino $191,468
Previous Owner Resident Research Llc $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/08/2021 10/08/21 Sold $195,000 0.0% $168 / Sq Ft
08/24/2021 08/24/21 Pending -- -- --
08/20/2021 08/20/21 For Sale $195,000 -- $168 / 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 $1,889 $229,200 $50,000 $179,200
2024 $1,889 $229,200 $50,000 $179,200
2023 $1,889 $229,200 $50,000 $179,200
2022 $1,365 $128,400 $30,000 $98,400
2021 $1,354 $128,400 $30,000 $98,400
2020 $1,239 $128,400 $30,000 $98,400
2019 $1,331 $128,400 $30,000 $98,400
2018 $1,227 $87,900 $18,000 $69,900
2017 $1,201 $87,900 $18,000 $69,900
2016 $1,191 $87,900 $18,000 $69,900
2015 $1,180 $87,900 $18,000 $69,900
2014 $1,168 $87,900 $18,000 $69,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3775557

Canopy MLS (Canopy Realtor® Association)

APN: 193-044-02