NOT LISTED FOR SALE

3605 Melrose Cottage Dr Matthews, NC 28105

Marshbrooke Neighborhood

Estimated Value: $236,000 - $255,341

2 Beds
2.5 Baths
1,178 Sq Ft
$180/mo HOA Fee

Last Sold July 20, 2021

Last sale price $209,900 $178 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $1,624/month

3 Days on Market

Highlights

  • Fitness Center
  • Vaulted Ceiling
  • Community Pool
  • Clubhouse
  • End Unit
  • Walk-In Closet

About This Home

As of July 2021

Hot Melrose Townhome community in Matthews! 2 Bedroom, 2.5 bath, desirable End unit. This community has a pool, fitness center and clubhouse. Minutes from Hwy 74, 485, Downtown Matthews/Mint Hill. Walking distance to restaurants, grocery stores and minutes from the McAlpine Greenway. This home has 2 master suites upstairs with vaulted ceilings and walk-in closets. Large great room has a gas fireplace and opens to a fenced in patio with privacy. 2 Assigned parking spaces that are marked 3605. Please park in one of those spaces or a visitor spot. Come in Melrose take the first left and it is the first townhome on your left.

Last Agent to Sell the Property

Michelle Horne

ProStead Realty License #164296 Listed on: 06/05/2021

ProStead Realty

Co-Listed By

Abby Nelson

ProStead Realty License #258811

Last Buyer's Agent

Jason Gould

Pruitt Miller Realty Group License #322116

Pruitt Miller Realty Group

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2000

Lot Details

  • End Unit
  • Many Trees

HOA Fees

  • $180 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Vaulted Ceiling
  • Gas Log Fireplace
  • Storage Room
  • Pull Down Stairs to Attic

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • Walk-In Closet

Home Security

Listing and Financial Details

  • Assessor Parcel Number 193-046-37

Community Details

Overview

  • Community Management Association, Phone Number (704) 980-9116

Recreation

  • Fitness Center
  • Community Pool

Additional Features

  • Clubhouse
  • Storm Doors

Property Details

Home Type

Condominium

Year Built

Built in 2000

Lot Details

0

HOA Fees

$180 per month

Listing Details

  • Property Type: Condo/Townhouse
  • Property Sub Type: 2 Story
  • Construction Status: Complete
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Sq Ft: 178.18
  • Unit Floor Level: 1
  • Year Built: 2000
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 583
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 2
  • Doors and Windows: Storm Door(s)
  • Entry Level: Main
  • Equipment: Cable Prewire, Ceiling Fan(s), Dishwasher, Disposal, Ice Maker Connection, Microwave
  • Fireplace Description: Gas Logs, Great Room
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl
  • H O A Management Phone: 704-980-9116
  • Interior Amenities: Attic Stairs Pulldown, Built-Ins, Pantry, Vaulted Ceiling, Walk-In Closet(s)
  • Laundry Location: Upper
  • Room Count: 2
  • Main Level Sq Ft: 595
  • Total Sq Ft: 1178

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard, Storage Unit

Garage/Parking

  • Parking: Assigned Parking Space - 2

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Lot Features: End Unit, Trees
  • Parcel Number: 193-046-37
  • Zoning Specification: R17MF

Tax Info

  • Tax Value: 128900.00
  • Tax Location: Charlotte

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2021
Closed on
Jul 19, 2021
Sold by
Oconnor Sorrell
Bought by
Knight James L
Seller's Agent
Michelle Horne
ProStead Realty
Buyer's Agent
Jason Gould
Pruitt Miller Realty Group
List Price
$209,900
Sold Price
$209,900
Current Estimated Value
$247,835

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,935
Avg. Annual Appreciation
3.97%
Original Mortgage
$195,395
Outstanding Balance
$177,453
Interest Rate
2.96%
Mortgage Type
FHA
Estimated Equity
$70,382

Purchase Details

Closed on
Dec 1, 2009
Sold by
Oconnor Justice
Bought by
Oconnor Sorrell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,206
Interest Rate
4.98%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 14, 2001
Sold by
Melrose Llc
Bought by
Oconnor Justice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,900
Interest Rate
6.98%
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
Knight James L $210,000 Bridgetrust Title Group
Oconnor Sorrell $99,000 None Available
Oconnor Justice $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Knight James L $195,395
Previous Owner Oconnor Sorrell $97,206
Previous Owner Oconnor Justice $99,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/20/2021 07/20/21 Sold $209,900 0.0% $178 / Sq Ft
06/09/2021 06/09/21 Pending -- -- --
06/05/2021 06/05/21 For Sale $209,900 -- $178 / 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 $1,763 $212,500 $50,000 $162,500
2024 $1,763 $212,500 $50,000 $162,500
2023 $1,698 $212,500 $50,000 $162,500
2022 $1,369 $128,900 $30,000 $98,900
2021 $1,358 $128,900 $30,000 $98,900
2020 $1,351 $128,900 $30,000 $98,900
2019 $1,335 $128,900 $30,000 $98,900
2018 $1,290 $92,700 $18,000 $74,700
2017 $1,263 $92,700 $18,000 $74,700
2016 $1,253 $92,700 $18,000 $74,700
2015 $1,242 $92,700 $18,000 $74,700
2014 $1,230 $92,700 $18,000 $74,700
Source: Public Records

Agents Affiliated with this Home

  • Michelle Horne

    Seller's Agent in 2021

    Michelle Horne

    ProStead Realty

    (704) 492-8256

    2 in this area

    45 Total Sales

    Michelle Horne
    Section Image
  • Abby Nelson

    Seller Co-Listing Agent in 2021

    Abby Nelson

    ProStead Realty

    (704) 890-1860

    2 in this area

    66 Total Sales

    Abby Nelson
    Section Image

  • J

    Buyer's Agent in 2021

    Jason Gould

    Pruitt Miller Realty Group

    Section Image
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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3740226

Canopy MLS (Canopy Realtor® Association)

APN: 193-046-37

North Carolina Mecklenburg County Matthews 28105 Marshbrooke

3605 Melrose Cottage Dr, Matthews, NC

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