NOT LISTED FOR SALE

3710 Melrose Cottage Dr Matthews, NC 28105

Marshbrooke Neighborhood

Estimated Value: $242,000 - $253,000

2 Beds
2.5 Baths
1,156 Sq Ft
$189/mo HOA Fee

Last Sold November 24, 2021

Last sale price $210,000 $182 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $1,644/month

1 Day on Market

Highlights

  • Fitness Center
  • Clubhouse
  • Wood Flooring
  • Open Floorplan
  • Traditional Architecture
  • Terrace

About This Home

As of November 2021

Adorable townhome conveniently located to quaint downtown Matthews and only a 15 minute drive to Uptown Charlotte! Open floor plan with beautiful wood floors down. Bright kitchen, large dining area, family room with gas log fireplace and a 1/2 bath make up the main level. Upstairs are two generous sized bedrooms with en suite baths and large closets. The laundry is conveniently located on the 2nd level. Cozy patio with storage located literally steps from the community pool. There is also an onsite fitness center. This is a great unit in a wonderful community close to shopping, dining, nature, etc. Showings start Saturday at 9am. Book your showing today!

Last Agent to Sell the Property

Brian Michaels

Coldwell Banker Realty License #272032 Listed on: 10/21/2021

Coldwell Banker Realty

Co-Listed By

Jennifer Barbin

Helen Adams Realty License #273945

Last Buyer's Agent

Tasha Viney

Keller Williams Ballantyne Area License #258276

Keller Williams Ballantyne Area

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1997

Lot Details

  • 1,307

HOA Fees

  • $189 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Slab Foundation

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Fireplace
  • Storage Room
  • Pull Down Stairs to Attic

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet

Outdoor Features

  • Terrace

Listing and Financial Details

  • Assessor Parcel Number 193-044-65

Community Details

Recreation

  • Fitness Center
  • Community Pool

Additional Features

  • Clubhouse

Property Details

Home Type

Condominium

Year Built

Built in 1997

Lot Details

0

HOA Fees

$189 per month

Listing Details

  • Property Type: Condo/Townhouse
  • Property Sub Type: 2 Story
  • Architectural Style: Traditional
  • Construction Status: Complete
  • Ratio Close Price By List Price: 1.00239
  • Ratio Close Price By Original Li: 1.00239
  • Ratio Current Price By Sq Ft: 181.66
  • Unit Floor Level: 1
  • Year Built: 1997
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 578
  • 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
  • Fireplace Description: FAMILYRM
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Attic Stairs Pulldown, Open Floorplan, Storage Unit, Walk-In Closet(s)
  • Laundry Location: Upper
  • Room Count: 2
  • Main Level Sq Ft: 578
  • Total Sq Ft: 1156

Exterior Features

  • Construction: Aluminum
  • Construction Type: Site Built
  • Exterior Features: Storage Unit, Terrace

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: Electric

Condo/Co-op/Association

  • Community Features: Club House, Fitness Center, Outdoor Pool
  • Association Fee: 189.00
  • Association Fee Frequency: Monthly
  • Complex Name: Melrose Townhomes
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified
  • Middle Or Junior School: Unspecified

Lot Info

  • Land Included Yn: Yes
  • Lot Features: Level
  • Parcel Number: 193-044-65
  • Zoning Specification: R17MF

Tax Info

  • Tax Value: 127800.00
  • Tax Location: Matthews

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2021
Closed on
Nov 24, 2021
Sold by
Moras Sylvia M
Bought by
Covar Mary
Seller's Agent
Brian Michaels
Coldwell Banker Realty
Buyer's Agent
Tasha Viney
Keller Williams Ballantyne Area
List Price
$209,500
Sold Price
$210,000
Premium/Discount to List
$500
0.24%
Current Estimated Value
$247,311

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,311
Avg. Annual Appreciation
4.25%
Original Mortgage
$168,000
Outstanding Balance
$154,071
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$93,240

Purchase Details

Closed on
Jul 6, 2007
Sold by
Brazzell Catherine C
Bought by
Moras Sylvia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,067
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 24, 2004
Sold by
Fannie Mae
Bought by
Brazzell Catherine C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,681
Interest Rate
6.3%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 20, 2004
Sold by
Murphy Daniel
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Dec 27, 2001
Sold by
Lynch Charles P
Bought by
Murphy Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,200
Interest Rate
6.72%
Mortgage Type
Purchase Money Mortgage
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
Covar Mary $210,000 None Available
Moras Sylvia M $93,000 None Available
Brazzell Catherine C -- --
Federal National Mortgage Association $93,386 --
Murphy Daniel $98,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Covar Mary $168,000
Previous Owner Moras Sylvia M $87,067
Previous Owner Brazzell Catherine C $77,681
Previous Owner Murphy Daniel $88,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/24/2021 11/24/21 Sold $210,000 +0.2% $182 / Sq Ft
10/22/2021 10/22/21 Pending -- -- --
10/21/2021 10/21/21 For Sale $209,500 -- $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 $1,893 $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 $1,359 $127,800 $30,000 $97,800
2021 $1,348 $127,800 $30,000 $97,800
2020 $1,340 $127,800 $30,000 $97,800
2019 $1,325 $127,800 $30,000 $97,800
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 (Canopy Realtor® Association)

MLS Number: CAR3798254

Canopy MLS (Canopy Realtor® Association)

APN: 193-044-65