$246,000
SOLD MAR 22, 2019

362 Sadie Dr Matthews, NC 28105

3 Beds
3.5 Baths
2,296 Sq Ft
$225/mo HOA Fee

Recently Sold

$107 Per Sq Ft

18% Below List Price

47 Days on Market

Highlights

  • Transitional Architecture
  • Wood Flooring
  • Garden Bath
  • Crestdale Middle School Rated A-
  • Walk-In Closet
  • 3-minute walk to Matthews Community Center

About This Home

As of March 2019

A bright 2 story foyer welcomes you to this rare find, ALL BRICK townhome located in the heart of historic downtown Matthews within walking distance to everything - shopping, dining, farmers market, parks, schools & so much more. This large home has 2 master suites one on main level & one upstairs. Mstr on the main has a dual sink vanity, garden tub, separate shower & a walk-in closet. Every bdrm has an attached bath! Great layout in the kitchen w/ SS appliances, Corian counters, recessed lighting & 42' cabinetry. The HUGE bonus room upstairs would make a great media room, home office or playroom. There are hardwoods in the foyer, new carpet thru out & tile in the baths. Freshly painted interior, crown molding & 9 ft ceilings. Dual HVAC's replaced 2014 & 2016. New gas water heater 2018. There are 2 laundry hook ups - 1 up, 1 down. Two car garage as well as guest parking. You'll love the covered patio in the rear. Location, location, location!! Quick close ready. Water included in HOA.

Last Agent to Sell the Property

Guy Ward

RE/MAX Executive License #182808 Listed on: 01/15/2019

RE/MAX Executive

Last Buyer's Agent

Gnani Jay

Veedu Realty LLC License #275175

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2006

HOA Fees

  • $225 Monthly HOA Fees

Parking

  • 2

Home Design

  • Transitional Architecture
  • Slab Foundation

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • Garden Bath

Attic

  • Pull Down Stairs to Attic

Community Details

  • Park Place Matthews HOA, Phone Number (704) 401-7449

Listing and Financial Details

  • Assessor Parcel Number 227-012-23

Property Details

Home Type

Condominium

Year Built

Built in 2006

Lot Details

0

HOA Fees

$225 per month

Parking

2

Listing Details

  • Property Type: Condo/Townhouse
  • Property Sub Type: 2 Story
  • Architectural Style: Transitional
  • Ratio Close Price By List Price: 0.92865
  • Ratio Close Price By Original Li: 0.82027
  • Ratio Current Price By Sq Ft: 107.14
  • Unit Floor Level: 1
  • Year Built: 2006
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 1221
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Total Bedrooms: 3
  • Doors and Windows: g-Insulated Door(s)
  • Entry Level: Main
  • Equipment: Cable Prewire, Ceiling Fan(s), Dishwasher, Disposal, Ice Maker Connection, Microwave
  • Flooring: Carpet, Tile, Wood
  • H O A Management Phone: 704-401-7449
  • Interior Amenities: Attic Stairs Pulldown, Garden Tub, Pantry, Walk-In Closet(s)
  • Laundry Location: Main
  • Room Count: 2
  • Main Level Sq Ft: 1075
  • Total Sq Ft: 2296

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Asphalt
  • Parking: Garage - 2 Car

Utilities

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

Condo/Co-op/Association

  • Association Fee: 225.00
  • Association Fee Frequency: Monthly
  • Complex Name: Park Place
  • HOA Management Company: Park Place Matthews HOA
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Matthews
  • Middle School: Crestdale
  • High School: Butler

Lot Info

  • Land Included Yn: Yes
  • Parcel Number: 227-012-23
  • Zoning Specification: R20

Tax Info

  • Tax Value: 267100.00
  • Tax Location: Matthews

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 23, 2020
Sold by
Kennington Loretta F
Bought by
Park Place Of Matthews Owners Assn Inc
Current Estimated Value
$501,695

Purchase Details

Listed on
Apr 26, 2019
Closed on
Mar 22, 2019
Sold by
Drummond Philip Allan and Drummond Kelly
Bought by
Gnani Gnani Lakshmi Lakshmi and Gnani Jay
Seller's Agent
Gnani Jay
Veedu Realty LLC
Buyer's Agent
Gnani Jay
Veedu Realty LLC
Sold Price
$1,850

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.00%
Original Mortgage
$184,500
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 8, 2011
Sold by
Drummond Philip Allan
Bought by
Drummond Philip Allan and Drummond Kelly Greathouse

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,500
Interest Rate
3.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 31, 2007
Sold by
The Downton Group Llc
Bought by
Drummond Philip Allan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,735
Interest Rate
5.86%
Mortgage Type
Stand Alone Second
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 Type Sale Price Title Company
Warranty Deed $2,500 Investors Title Insurance Co
Warranty Deed $246,000 None Available
Interfamily Deed Transfer -- None Available
Warranty Deed $265,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $180,000 New Conventional
Previous Owner $184,500 New Conventional
Previous Owner $127,500 New Conventional
Previous Owner $125,000 Unknown
Previous Owner $39,735 Stand Alone Second
Previous Owner $198,675 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/19/2020 01/19/20 Rented $1,800 0.0% --
12/14/2019 12/14/19 For Rent $1,800 -2.7% --
05/14/2019 05/14/19 Rented $1,850 +2.8% --
04/26/2019 04/26/19 For Rent $1,800 0.0% --
03/22/2019 03/22/19 Sold $246,000 -7.1% $107 / Sq Ft
03/04/2019 03/04/19 Pending -- -- --
02/19/2019 02/19/19 Price Changed $264,900 -5.4% $115 / Sq Ft
02/05/2019 02/05/19 Price Changed $279,900 -6.7% $122 / Sq Ft
01/15/2019 01/15/19 For Sale $299,900 0.0% $131 / Sq Ft
08/30/2016 08/30/16 Rented $1,650 0.0% --
08/18/2016 08/18/16 Under Contract -- -- --
08/09/2016 08/09/16 For Rent $1,650 -- --
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 $3,009 $394,800 $85,000 $309,800
2024 $3,009 $394,800 $85,000 $309,800
2023 $2,964 $394,800 $85,000 $309,800
2022 $2,417 $260,700 $75,000 $185,700
2021 $2,417 $260,700 $75,000 $185,700
2020 $2,378 $267,100 $75,000 $192,100
2019 $2,429 $267,100 $75,000 $192,100
2018 $2,680 $225,100 $31,500 $193,600
2017 $2,625 $225,100 $31,500 $193,600
2016 $2,622 $225,100 $31,500 $193,600
2015 $2,618 $225,100 $31,500 $193,600
2014 $2,566 $225,100 $31,500 $193,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3464834

Canopy MLS (Canopy Realtor® Association)

APN: 227-012-23