NOT LISTED FOR SALE

3607 Melrose Cottage Dr Matthews, NC 28105

Marshbrooke Neighborhood

Estimated Value: $237,000 - $243,000

2 Beds
2.5 Baths
1,152 Sq Ft
$167/mo HOA Fee

Last Sold May 05, 2017

Last sale price $112,000 $97 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $1,580/month

22 Days on Market

Highlights

  • In Ground Pool
  • Transitional Architecture
  • Carpet
  • Open Floorplan
  • Many Trees

About This Home

As of May 2017

Move in ready! This townhouse has brick veneer front, all appliances will convey, lots of sunlight, separate dining room and living room, this home has two master suites or guest suite! There's a half bath off of the dining room, 2 parking spaces...This is a great starter home or investment property! More pictures and 3D Virtual Reality Tour coming soon!

Last Agent to Sell the Property

Christina Hansen

Carolina Vue Real Estate Group License #219843 Listed on: 03/16/2017

Carolina Vue Real Estate Group

Last Buyer's Agent

Kathleen Higgins

Stephen Cooley Real Estate License #212752

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2000

Lot Details

  • 871

HOA Fees

  • $167 Monthly HOA Fees

Home Design

  • Transitional Architecture
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Open Floorplan

Flooring

  • Carpet
  • Laminate

Additional Features

  • In Ground Pool
  • Many Trees
  • Cable TV Available

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 193-046-38

Property Details

Home Type

Condominium

Year Built

Built in 2000

Lot Details

0

HOA Fees

$167 per month

Listing Details

  • Property Type: Condo/Townhouse
  • Property Sub Type: 2 Story
  • Architectural Style: Transitional
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.94336
  • Ratio Close Price By Original Li: 0.94336
  • Ratio Current Price By Acre: 5600000.00
  • Ratio Current Price By Sq Ft: 97.22
  • Unit Floor Level: 2
  • Year Built: 2000
  • 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
  • Entry Level: Main
  • Equipment: Cable Prewire, Ceiling Fan(s), Cooktop Electric, Dishwasher, Refrigerator
  • Flooring: Carpet, Laminate Tile
  • H O A Management Phone: (704) 980-9116
  • Interior Amenities: Cable Available, Open Floorplan
  • Laundry Location: Upper
  • Room Count: 2
  • Main Level Sq Ft: 576
  • Total Sq Ft: 1152
  • Sq Ft Unheated Main: 89
  • Sq Ft Unheated Total: 89

Exterior Features

  • Construction: Aluminum, Brick Partial, Vinyl
  • Construction Type: Site Built
  • Exterior Features: Pool-In-Ground
  • Publically Maintained Road: Yes

Garage/Parking

  • Parking: Parking Space - 2

Utilities

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

Condo/Co-op/Association

  • Association Fee: 167.00
  • Association Fee Frequency: Monthly
  • Complex Name: Melrose Townhomes
  • HOA Management Company: Community Management Partners
  • Hoa Subject To Dues: Mandatory

Lot Info

  • Land Included Yn: Yes
  • Lot Features: Trees
  • Parcel Number: 193-046-38
  • Zoning Specification: R17MF

Tax Info

  • Tax Value: 93200.00
  • Tax Location: Mecklenburg

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2017
Closed on
May 5, 2017
Sold by
Braza Arsenio and Braza Roselyn D
Bought by
Mcconnell Matthew W
Seller's Agent
Christina Hansen
Carolina Vue Real Estate Group
Buyer's Agent
Kathleen Higgins
Stephen Cooley Real Estate
List Price
$118,725
Sold Price
$112,000
Premium/Discount to List
-$6,725
-5.66%
Current Estimated Value
$239,825

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,825
Avg. Annual Appreciation
9.38%
Original Mortgage
$106,400
Outstanding Balance
$88,798
Interest Rate
4.23%
Mortgage Type
New Conventional
Estimated Equity
$151,027

Purchase Details

Closed on
Nov 22, 2011
Sold by
Favuzza Liboria
Bought by
Braza Arsenio and Braza Roselyn D

Purchase Details

Closed on
May 25, 2001
Sold by
Melrose Llc
Bought by
Favuzza Liboria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
7.11%
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
Mcconnell Matthew W $112,000 None Available
Braza Arsenio $60,000 None Available
Favuzza Liboria $98,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcconnell Matthew W $106,400
Previous Owner Favuzza Liboria $35,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/05/2017 05/05/17 Sold $112,000 -5.7% $97 / Sq Ft
04/07/2017 04/07/17 Pending -- -- --
03/16/2017 03/16/17 For Sale $118,725 -- $103 / 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 $1,900 $230,600 $50,000 $180,600
2024 $1,900 $230,600 $50,000 $180,600
2023 $1,831 $230,600 $50,000 $180,600
2022 $1,373 $129,300 $30,000 $99,300
2021 $1,362 $129,300 $30,000 $99,300
2020 $1,355 $129,300 $30,000 $99,300
2019 $1,339 $129,300 $30,000 $99,300
2018 $1,296 $93,200 $18,000 $75,200
2017 $1,269 $93,200 $18,000 $75,200
2016 $1,260 $93,200 $18,000 $75,200
2015 $1,248 $93,200 $18,000 $75,200
2014 $1,236 $93,200 $18,000 $75,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3261545

Canopy MLS (Canopy Realtor® Association)

APN: 193-046-38