NOT LISTED FOR SALE

3644 Melrose Cottage Dr Matthews, NC 28105

Marshbrooke Neighborhood

Estimated Value: $237,000 - $258,000

2 Beds
2.5 Baths
1,200 Sq Ft
$180/mo HOA Fee

Last Sold June 29, 2020

Last sale price $166,000 $138 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $1,625/month

Highlights

  • Fitness Center
  • End Unit
  • Community Pool
  • Traditional Architecture
  • Lawn
  • Recreation Facilities

About This Home

As of June 2020

Adorable END Unit townhome featuring updated vinyl plank flooring throughout with updated hardwood stairs! New roof, New HVAC 2018. Kitchen features white cabinets, stainless steel appliances, new butcher block counter tops with new stainless steel single bowl sink. Two master suites on second floor. Inviting family room with fireplace/gas logs, built in cabinets with floating upper shelves. Matthews location. Super cute, Must See!

Last Agent to Sell the Property

Laura Edmonds

Southern Nest Realty Inc License #248616 Listed on: 05/18/2020

Last Buyer's Agent

Lorraine Chisholm

Liahona Realty License #188111

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1997

Lot Details

  • End Unit
  • Lawn

HOA Fees

  • $180 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Gas Log Fireplace
  • Laminate Flooring
  • Pull Down Stairs to Attic

Bedrooms and Bathrooms

  • Walk-In Closet

Listing and Financial Details

  • Assessor Parcel Number 193-044-23
  • Tax Block 545

Community Details

Overview

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

Recreation

  • Recreation Facilities
  • 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: 0.99700
  • Ratio Close Price By Original Li: 0.99700
  • Ratio Current Price By Acre: 55333333.33
  • Ratio Current Price By Sq Ft: 138.33
  • Unit Floor Level: 1
  • Year Built: 1997
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 595
  • 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, Disposal, Electric Dryer Hookup, Ice Maker Connection, Microwave
  • Fireplace Description: FAMILYRM, Gas Logs
  • Fireplace: Yes
  • Flooring: Laminate Wood
  • H O A Management Phone: 7049809116
  • Interior Amenities: Attic Stairs Pulldown, Walk-In Closet(s)
  • Laundry Location: Upper, Closet
  • Room Count: 2
  • Main Level Sq Ft: 605
  • Total Sq Ft: 1200
  • Sq Ft Unheated Main: 36
  • Sq Ft Unheated Total: 36

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built
  • Exterior Features: Lawn Maintenance

Garage/Parking

  • Parking: Assigned Parking Space - 2

Utilities

  • Heating: Central Air
  • Sewer: County Sewer
  • Water: County Water
  • Water Heater: Gas

Condo/Co-op/Association

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

Lot Info

  • Land Included Yn: Yes
  • Lot Features: End Unit
  • Parcel Number: 193-044-23
  • Plat Book Slide: 31973
  • Zoning Specification: R17MF

Tax Info

  • Tax Value: 128400.00
  • Tax Block: 545
  • Tax Location: Midland

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2020
Closed on
Jun 29, 2020
Sold by
Smith Ross and Smith Melissa
Bought by
Valle Monika and Valle Rodolfo
Seller's Agent
Laura Edmonds
Southern Nest Realty Inc
Buyer's Agent
Lorraine Chisholm
Liahona Realty
List Price
$166,500
Sold Price
$166,000
Premium/Discount to List
-$500
-0.3%
Current Estimated Value
$247,787

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,787
Avg. Annual Appreciation
7.81%
Original Mortgage
$121,000
Outstanding Balance
$85,681
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$162,106

Purchase Details

Listed on
May 23, 2017
Closed on
Jul 7, 2017
Sold by
Katowitz Harvey and Katowitz Carolyn Madelaine
Bought by
Smith Ross and Jones Melissa
Seller's Agent
Harvey Corzin
Coldwell Banker Realty
Buyer's Agent
Laura Edmonds
Southern Nest Realty Inc
List Price
$122,800
Sold Price
$122,800

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.76%
Original Mortgage
$120,575
Interest Rate
3.94%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 22, 1997
Sold by
Melrose Llc
Bought by
Katowitz Harvey and Katowitz Carolyn M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
7.26%
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
Valle Monika $166,000 None Available
Smith Ross $123,000 None Available
Katowitz Harvey $95,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Valle Monika $121,000
Previous Owner Smith Ross $120,575
Previous Owner Katowitz Harvey $75,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/29/2020 06/29/20 Sold $166,000 -0.3% $138 / Sq Ft
05/18/2020 05/18/20 Pending -- -- --
05/18/2020 05/18/20 For Sale $166,500 +35.6% $139 / Sq Ft
07/17/2017 07/17/17 Sold $122,800 0.0% $102 / Sq Ft View Prior Sale
05/27/2017 05/27/17 Pending -- -- --
05/23/2017 05/23/17 For Sale $122,800 -- $102 / 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 $1,775 $214,200 $50,000 $164,200
2024 $1,775 $214,200 $50,000 $164,200
2023 $1,381 $214,200 $50,000 $164,200
2022 $1,381 $130,100 $30,000 $100,100
2021 $1,370 $130,100 $30,000 $100,100
2020 $1,346 $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: CAR3621535

Canopy MLS (Canopy Realtor® Association)

APN: 193-044-23