NOT LISTED FOR SALE

3692 Melrose Cottage Dr Matthews, NC 28105

Marshbrooke Neighborhood

Estimated Value: $240,000 - $259,000

2 Beds
2.5 Baths
1,186 Sq Ft
$180/mo HOA Fee

Last Sold July 02, 2020

Last sale price $160,000 $135 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $1,655/month

12 Days on Market

Highlights

  • Fitness Center
  • Community Pool
  • Carpet
  • Clubhouse

About This Home

As of July 2020

Well maintained home. Great location!!! Close to shopping and restaurants. Open living room and dinning room with pass through from kitchen. Both bedrooms have their on private full baths.

Last Agent to Sell the Property

Lisa Lyerly

Lake Norman Realty, Inc. License #288359 Listed on: 05/18/2020

Lake Norman Realty, Inc.

Last Buyer's Agent

Connie Massetti

Howard Hanna Allen Tate Charlotte South License #295055

Howard Hanna Allen Tate Charlotte South

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1997

Lot Details

  • 1,307

HOA Fees

  • $180 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 2-Story Property

Flooring

  • Carpet
  • Linoleum
  • Laminate

Listing and Financial Details

  • Assessor Parcel Number 193-044-47

Community Details

Overview

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

Amenities

  • Clubhouse

Recreation

  • 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
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Sq Ft: 134.91
  • Unit Floor Level: 1
  • Year Built: 1997
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 593
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 2
  • Entry Level: Main
  • Equipment: Cooktop Electric, Dishwasher, Electric Dryer Hookup, Electric Oven, Electric Range
  • Flooring: Carpet, Laminate Wood, Linoleum
  • H O A Management Phone: 7049809116
  • Laundry Location: Upper
  • Room Count: 2
  • Main Level Sq Ft: 593
  • Total Sq Ft: 1186

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Asphalt
  • Parking: Assigned Parking Space - 2

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Gas

Condo/Co-op/Association

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

Lot Info

  • Land Included Yn: Yes
  • Parcel Number: 193-044-47
  • Plat Book Slide: M28/254
  • Zoning Specification: R17MF

Tax Info

  • Tax Value: 134200.00
  • Tax Location: Charlotte

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2020
Closed on
Jul 1, 2020
Sold by
Melrose Property Holding Llc
Bought by
Pisano Joseph Carmen
Seller's Agent
Lisa Lyerly
Lake Norman Realty, Inc.
Buyer's Agent
Connie Massetti
Howard Hanna Allen Tate Charlotte South
List Price
$160,000
Sold Price
$160,000
Current Estimated Value
$250,334

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,334
Avg. Annual Appreciation
8.76%
Original Mortgage
$152,000
Outstanding Balance
$135,034
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$115,300

Purchase Details

Closed on
Mar 1, 2018
Sold by
Vazquez Anthony
Bought by
Melrose Property Holdings Llc

Purchase Details

Closed on
Oct 25, 2006
Sold by
Byrd Julian J and Byrd Laura A
Bought by
Vazquez Anthony J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,688
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 20, 2000
Sold by
Giles Kornberg Gretchen Kay and Kornberg Andrew Brad
Bought by
Byrd Julian J and Byrd James

Purchase Details

Closed on
Jan 29, 1998
Sold by
Melrose Llc
Bought by
Giles Gretchen Kay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,084
Interest Rate
7.07%
Mortgage Type
FHA
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
Pisano Joseph Carmen $160,000 None Available
Melrose Property Holdings Llc -- None Available
Vazquez Anthony J $90,000 None Available
Byrd Julian J $93,000 --
Giles Gretchen Kay $92,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pisano Joseph Carmen $152,000
Previous Owner Vazquez Anthony J $71,688
Previous Owner Giles Gretchen Kay $90,084
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/02/2020 07/02/20 Sold $160,000 0.0% $135 / Sq Ft
05/30/2020 05/30/20 Pending -- -- --
05/18/2020 05/18/20 For Sale $160,000 -- $135 / 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 $1,963 $238,900 $50,000 $188,900
2024 $1,963 $238,900 $50,000 $188,900
2023 $1,891 $238,900 $50,000 $188,900
2022 $1,421 $134,200 $30,000 $104,200
2021 $1,410 $134,200 $30,000 $104,200
2020 $1,402 $134,200 $30,000 $104,200
2019 $1,387 $134,200 $30,000 $104,200
2018 $1,275 $91,600 $18,000 $73,600
2017 $1,249 $91,600 $18,000 $73,600
2016 $1,239 $91,600 $18,000 $73,600
2015 $1,228 $91,600 $18,000 $73,600
2014 $1,216 $87,400 $18,000 $69,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3620303

Canopy MLS (Canopy Realtor® Association)

APN: 193-044-47