NOT LISTED FOR SALE

3649 Melrose Cottage Dr Matthews, NC 28105

Marshbrooke Neighborhood

Estimated Value: $263,000 - $284,000

3 Beds
2.5 Baths
1,433 Sq Ft
$192/Sq Ft Est. Value

Last Sold January 31, 2023

Last sale price $265,000 $185 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,802/month

1 Day on Market

Highlights

  • Traditional Architecture
  • End Unit
  • Forced Air Heating System
  • Wood Flooring
  • Covered Patio or Porch
  • Ceiling Fan

About This Home

As of January 2023

Immaculate, move in ready, 3 Bedroom, 2.5 Bath, end unit townhome located in the desirable gated Melrose Community! Covered entry welcomes you home! Kitchen features plenty of beautiful cabinetry for storage. Primary bedroom on main level with walk in closet & walk in shower. Spacious living room opens to private side porch shaded by beautiful mature trees to enjoy your morning coffee. Upper level features two large bedrooms, full bath and laundry area. Outside storage area off of patio also. Community amenities include pool, rec room, kitchen, fully equipped gym - Two dedicated parking spots in front of unit, along with ample guest parking & beautiful landscaping. This townhome is conveniently located close to shopping, restaurants, entertainment, interstate & hospital.

Last Agent to Sell the Property

Matthew Keefe

EXP Realty LLC Ballantyne License #143733 Listed on: 11/16/2022

EXP Realty LLC Ballantyne

Last Buyer's Agent

Matt Stone

Stone Realty Group License #234656

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,948

Year Built

  • Built in 2000

Lot Details

  • End Unit
  • Fenced

HOA Fees

  • $198 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Entry on the 1st floor
  • Brick Exterior Construction
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • Ceiling Fan
  • Laundry on upper level

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Additional Features

  • Covered Patio or Porch
  • Forced Air Heating System

Community Details

  • Kuester Management Association
  • Melrose Townhomes Condos
  • Melrose Townhomes Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 193-046-56

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,948

Year Built

Built in 2000

Lot Details

0

HOA Fees

$198 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Architectural Style: Traditional
  • Year Built: 2000
  • Ratio Current Price By Acre: 6625000.00
  • Unit Floor Level: 1
  • Structure Type: Two Story
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 184.93
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Fireplace: No
  • Flooring: Carpet, Vinyl, Wood
  • Fixture Exception Yn: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 892
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 25
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 25
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 541
  • Porch: Back,Covered,Patio,Side
  • Appliances: Ceiling Fan(s), Electric Cooktop, Dishwasher, Disposal, Electric Oven, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 1433
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Half Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Half Bathrooms: 0

Exterior Features

  • Exterior Features: Fence
  • New Construction: No
  • Tax Location: Charlotte
  • Construction Type: Site Built
  • Construction Type: Brick Partial, Vinyl Siding

Garage/Parking

  • Main Level Garage YN: 0
  • Parking Features: Parking Space - 2, Other

Utilities

  • Heating: Central, Forced Air
  • Sewer: Public Sewer
  • Water Heater: Electric
  • Laundry Features: Upper Level, Closet
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 198
  • Association Fee Frequency: Monthly
  • Hoa Subject To Dues: Mandatory
  • Complex Name: Melrose Townhomes
  • Association Name: Kuester Management
  • ResoAssociationFeeFrequency: Monthly

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: Required
  • CAR_YearlyHOAExpense: 2376.00

Lot Info

  • Lot Features: End Unit, Level
  • Lot Size Units: Acres
  • Parcel Number: 193-046-56
  • Land Included Yn: 1
  • Zoning Description: R17MF
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: Yes

Tax Info

  • RATIO List Price By Tax Amount: 1.79187

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2022
Closed on
Jan 31, 2023
Sold by
Sosko Raymond R
Bought by
Sedaghat Sarah and Sedaghat Reza
Seller's Agent
Matthew Keefe
EXP Realty LLC Ballantyne
Buyer's Agent
Matt Stone
Stone Realty Group
List Price
$260,000
Sold Price
$265,000
Premium/Discount to List
$5,000
1.92%
Views
52
Current Estimated Value
$275,542

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,542
Avg. Annual Appreciation
1.43%
Original Mortgage
$208,800
Outstanding Balance
$200,942
Interest Rate
5.5%
Mortgage Type
Credit Line Revolving
Estimated Equity
$74,600

Purchase Details

Closed on
Feb 15, 2002
Sold by
Melrose Llc
Bought by
Sosko Raymond R and Sosko Dorothy D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Sedaghat Sarah $265,000 Attorneys Title
Sosko Raymond R $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sedaghat Sarah $208,800
Previous Owner Sosko Raymond R $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2023 01/31/23 Sold $265,000 +1.9% $185 / Sq Ft
11/18/2022 11/18/22 Pending -- -- --
11/16/2022 11/16/22 For Sale $260,000 -- $181 / 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 $1,948 $237,000 $50,000 $187,000
2024 $1,948 $237,000 $50,000 $187,000
2023 $1,878 $237,000 $50,000 $187,000
2022 $1,526 $145,100 $30,000 $115,100
2021 $1,515 $145,100 $30,000 $115,100
2020 $1,507 $145,100 $30,000 $115,100
2019 $1,492 $145,100 $30,000 $115,100
2018 $1,465 $106,100 $18,000 $88,100
2017 $1,436 $106,100 $18,000 $88,100
2016 $1,427 $106,100 $18,000 $88,100
2015 $1,415 $106,100 $18,000 $88,100
2014 $1,402 $106,100 $18,000 $88,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3922187

Canopy MLS (Canopy Realtor® Association)

APN: 193-046-56