NOT LISTED FOR SALE

3694 Melrose Cottage Dr Matthews, NC 28105

Marshbrooke Neighborhood

Estimated Value: $218,000 - $243,739

2 Beds
2.5 Baths
1,158 Sq Ft
$203/Sq Ft Est. Value

Sale Details

Date Sold: October 12, 2022

Last sale price $239,900 $207 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $1,647 / mo

84 Days on Market

Highlights

  • Gated Community
  • Traditional Architecture
  • Recreation Facilities
  • Clubhouse
  • Community Pool
  • Rear Porch

About This Home

As of October 2022

Newly updated 2 bed 2.5 bath townhome in Matthews. Fresh paint throughout. Updated lighting and plumbing fixtures. Brand new LVP and carpet. Kitchen features updated countertops, tile backsplash, and SS appliances. Bathrooms have new mirrors and toilets. Close to shopping, restaurants, and parks. 15 Mins to Uptown.

Last Agent to Sell the Property

Philip Ostwalt

Your Realty PRO Brokerage Services LLC License #286268 Listed on: 07/20/2022

Last Buyer's Agent

Frida Maria Creech

NorthGroup Real Estate LLC License #270487

NorthGroup Real Estate LLC

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1997

Lot Details

  • 1,307

HOA Fees

  • $198 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

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

Kitchen

  • Electric Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry on upper level

Home Security

Outdoor Features

  • Patio
  • Rear Porch

Utilities

  • Central Heating
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 193-044-48

Community Details

Overview

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

Amenities

  • Clubhouse

Recreation

  • Recreation Facilities
  • Community Playground
  • Community Pool

Security

  • Gated Community
  • Carbon Monoxide Detectors

Townhouse Details

Home Type

Townhome

Year Built

Built in 1997

Lot Details

1,307 Sq Ft Lot

HOA Fees

$198 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Architectural Style: Traditional
  • Year Built: 1997
  • Unit Floor Level: 1
  • Road Surface Type: None
  • Structure Type: Two Story
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 207.17
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Fireplace: No
  • Flooring: Carpet, Vinyl
  • Fixture Exception Yn: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 579
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 579
  • Porch: Back,Patio
  • Appliances: CO Detector, Dishwasher, Disposal, Electric Oven, Gas Range, Microwave
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 1158
  • Full Bathrooms: 0
  • Total Bedrooms: 0
  • Half Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Half Bathrooms: 0

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Tax Location: Matthews
  • Construction Type: Site Built
  • Construction Type: Brick Partial, Vinyl Siding

Garage/Parking

  • Main Level Garage YN: 0
  • Parking Features: Assigned

Utilities

  • Heating: Central, Gas Hot Air Furnace
  • Sewer: Public Sewer
  • Water Heater: Gas
  • Laundry Features: Upper Level
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse, Gated, Outdoor Pool, Playground, Recreation Area
  • Association Fee: 198
  • Association Fee Frequency: Monthly
  • Hoa Subject To Dues: Mandatory
  • Complex Name: Melrose Place
  • Association Name: Kuester Management
  • ResoAssociationFeeFrequency: Monthly

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: Required
  • HOA Email: support@kuester.com
  • CAR_YearlyHOAExpense: 2376.00

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 193-044-48
  • Land Included Yn: 0
  • Zoning Description: R17MF
  • ResoLotSizeUnits: Acres

Tax Info

  • RATIO List Price By Tax Amount: 1.86402

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2022
Closed on
Sep 21, 2022
Sold by
Bought by
Seller's Agent
Philip Ostwalt
Your Realty PRO Brokerage Services LLC
Buyer's Agent
Frida Maria Creech
NorthGroup Real Estate LLC
List Price
$249,900
Sold Price
$239,900
Premium/Discount to List
-$10,000
-4%
Current Estimated Value
$235,435

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,465
Avg. Annual Appreciation
-0.48%
Original Mortgage
$232,703
Outstanding Balance
$220,346
Interest Rate
5.66%
Mortgage Type
New Conventional
Estimated Equity
$15,089

Purchase Details

Listed on
May 10, 2022
Closed on
May 31, 2022
Sold by
Bought by
Seller's Agent
Stephen Scott
Realty Dynamics Inc.
Buyer's Agent
Non Member
Canopy Administration
List Price
$165,000
Sold Price
$172,500
Premium/Discount to List
$7,500
4.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
143.86%
Original Mortgage
$191,200
Interest Rate
5%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 14, 2022
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,600
Interest Rate
4.67%
Mortgage Type
Construction

Purchase Details

Closed on
Nov 30, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,850
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 15, 1998
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,500
Interest Rate
7.14%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Marshbrooke, NC

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$239,900 --
$172,500 Ebj Law
-- None Listed On Document
$86,000 Title Co
$92,500 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $232,703
Previous Owner $191,200
Previous Owner $89,600
Previous Owner $85,850
Previous Owner $52,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/12/2022 10/12/22 Sold $239,900 0.0% $207 / Sq Ft
08/04/2022 08/04/22 Price Changed $239,900 -4.0% $207 / Sq Ft
07/20/2022 07/20/22 For Sale $249,900 +44.9% $216 / Sq Ft
05/31/2022 05/31/22 Sold $172,500 +4.5% $150 / Sq Ft View Prior Sale
05/11/2022 05/11/22 Pending -- -- --
05/10/2022 05/10/22 For Sale $165,000 -- $143 / Sq Ft
Source: Canopy MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,893 $229,700 $50,000 $179,700
2024 $1,893 $229,700 $50,000 $179,700
2023 $1,824 $229,700 $50,000 $179,700
2022 $1,368 $128,700 $30,000 $98,700
2021 $1,356 $128,700 $30,000 $98,700
2020 $1,349 $128,700 $30,000 $98,700
2019 $1,334 $128,700 $30,000 $98,700
2018 $1,220 $87,400 $18,000 $69,400
2017 $1,194 $87,400 $18,000 $69,400
2016 $1,185 $87,400 $18,000 $69,400
2015 $1,173 $87,400 $18,000 $69,400
2014 $1,162 $87,400 $18,000 $69,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS

MLS Number: 3885863

Canopy MLS

APN: 193-044-48

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