RENTED JAN 3, 2025

3944 Franklin Meadows Dr Matthews, NC 28105

Estimated Value: $692,211 - $789,000

5 Beds
4.5 Baths
3,659 Sq Ft
$205/Sq Ft Est. Value

Highlights

  • Open Floorplan
  • A-Frame Home
  • 2 Car Attached Garage
  • Antioch Elementary School Rated A
  • Wood Flooring
  • Walk-In Closet

About This Home

As of January 2025

Excellent location!!! Beautiful Union County home in the Franklin Meadows neighborhood! Amazing 5 BR home with 4.5 baths, Two Primary Bedrooms. Open Floor Plan with HUGE kitchen, SS Appliances, Granite counter tops with backsplash, maple cabinets, and Gas stove! Tons of upgrades including Hardwood floors on the entire lower level plus custom closets. Fresh paint, brand new carpets in most places. Great Union County Schools & close to shopping centers, Beatty park and more. Media room with all the equipment like projector and speakers all ready to use. Surround sound throughout the house. New I-485 exit coming up on Weddington road for an easy commute.
Tenant responsible for all utilities. Looking for a good credit score preferably 650+ with good income, no past eviction and clean background. Washer/dryer will be installed at the lease start. 6 months lease is available.

Last Agent to Rent the Property

Versha Anand

Versha Anand Realty Brokerage Email: versha@vershaanandrealty.com License #276313 Listed on: 10/23/2024

Last Renter's Agent

Versha Anand

Versha Anand Realty Brokerage Email: versha@vershaanandrealty.com License #276313 Listed on: 10/23/2024

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2014

Lot Details

  • 8,276

Parking

  • 2 Car Attached Garage

Home Design

  • A-Frame Home
  • Slab Foundation

Interior Spaces

  • 3-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Gas Fireplace
  • Family Room with Fireplace
  • Pull Down Stairs to Attic
  • Carbon Monoxide Detectors
  • Laundry on upper level

Kitchen

  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Schools

  • Antioch Elementary School
  • Weddington Middle School
  • Weddington High School

Additional Features

  • Property is zoned AN5
  • Forced Air Heating and Cooling System

Community Details

  • Franklin Meadows Subdivision

Listing and Financial Details

  • Security Deposit $3,000
  • Property Available on 10/25/24
  • Tenant pays for all utilities
  • 12-Month Minimum Lease Term
  • Assessor Parcel Number 07-141-196

Home Details

Home Type

Single Family

Year Built

Built in 2014

Lot Details

0

Parking

2

Rental Info

  • Tenant Pays: All Utilities
  • Furnished: Unfurnished
  • Pets Allowed: Yes, Conditional, Size Limit, Dogs OK
  • Smoking Allowed Yn: 0
  • Lease Term: 12 Months
  • Available Date: 2024-10-25
  • Pet Deposit: 350
  • Security Deposit: 3000
  • Application Fee: 54

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Architectural Style: A-Frame
  • Year Built: 2014
  • Road Surface Type: Concrete
  • Unit Levels: Three
  • ResoPropertyType: ResidentialLease
  • Ratio CurrentPrice/TotalPropertyHLA: 0.82
  • Geocode Confidence: High
  • Attribution Contact: versha@vershaanandrealty.com
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood
  • Interior Amenities: Attic Stairs Pulldown, Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s)
  • Main Level Sq Ft: 1292
  • Third Level Sq Ft: 639
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 1728
  • Appliances: Dishwasher, Disposal
  • Above Grade Finished Sq Ft: 3659
  • Basement YN: No
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Family Room, Gas
  • Living Area: 3659
  • Bedroom Main: 0
  • Bedroom Third: 1

Exterior Features

  • Roof: Shingle

Garage/Parking

  • Main Level Garage YN: 1
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage

Utilities

  • Heating: Forced Air
  • Sewer: Public Sewer
  • Laundry Features: Laundry Closet, Upper Level
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Weddington
  • HOA Subject To: Required

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 07-141-196
  • ResoLotSizeUnits: Acres
  • Zoning Specification: AN5

MLS Schools

  • Elementary School: Antioch
  • High School: Weddington

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 10, 2021
Sold by
Nagendra Kaylan Yadavalli and Josyala Divya
Bought by
Yadavallinagendra Kaylan
Current Estimated Value
$751,303

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Outstanding Balance
$295,047
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$456,256

Purchase Details

Closed on
May 30, 2014
Sold by
Lennar Carolinas Llc
Bought by
Nagendra Kalyan Yadavalli

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,145
Interest Rate
4.32%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Yadavallinagendra Kaylan -- None Available
Nagendra Kalyan Yadavalli $320,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yadavallinagendra Kaylan $332,000
Closed Nagendra Kalyan Yadavalli $287,145
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/03/2025 01/03/25 Rented $3,000 0.0% --
12/12/2024 12/12/24 Price Changed $3,000 -6.3% $1 / Sq Ft
11/12/2024 11/12/24 Price Changed $3,200 -4.5% $1 / Sq Ft
10/23/2024 10/23/24 For Rent $3,350 -- --
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 $4,363 $641,700 $0 $0
2024 $3,465 $396,300 $81,900 $314,400
2023 $3,324 $396,300 $81,900 $314,400
2022 $3,303 $396,300 $81,900 $314,400
2021 $3,300 $396,300 $81,900 $314,400
2020 $3,316 $326,800 $56,000 $270,800
2019 $3,301 $326,800 $56,000 $270,800
2018 $0 $326,800 $56,000 $270,800
2017 $3,419 $326,800 $56,000 $270,800
2016 $3,418 $326,800 $56,000 $270,800
2015 $3,453 $326,800 $56,000 $270,800
2014 -- $50,000 $50,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4193322

Canopy MLS (Canopy Realtor® Association)

APN: 07-141-196