NOT LISTED FOR SALE

4032 Franklin Meadows Dr Matthews, NC 28105

Estimated Value: $640,610 - $705,000

4 Beds
3.5 Baths
3,112 Sq Ft
$214/Sq Ft Est. Value

Sale Details

Date Sold: October 8, 2021

Last sale price $521,000 $167 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $3,871 / mo

1 Day on Market

Highlights

  • Wooded Lot
  • Traditional Architecture
  • Fireplace
  • Antioch Elementary School Rated A
  • Mud Room
  • Attached Garage

About This Home

As of October 2021

Spectacular Northeast Face home in Franklin Meadows Subdivision with private backyard & gorgeous landscaping! Wood flooring throughout the main floor. Den with double French doors offers a quiet workspace. Dining area has exquisite chandelier & tons of space for entertaining. Large living room with tons of natural light, ceiling fan, gas fireplace. Kitchen has granite counter tops, tile back splash, large pantry, desk space, eat in breakfast area, tons of storage/workspace. This house has two master bedrooms – Master Sr. (first floor) and Master Jr. (second floor), additional two bedrooms and loft. Huge backyard oasis w/ 600 sq feet patio with the beautiful pergola installed & privacy with a backyard full of trees. Highly rated Union County schools - Antioch Elementary, Wedding middle / high school and Socrates Academy charter school till grade 9th.

Last Agent to Sell the Property

Balaji Tatineni

JVC Realty, LLC License #90392 Listed on: 08/20/2021

Last Buyer's Agent

Chandra Mavuluri

Tech Realty LLC License #289978

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2014

Lot Details

  • 9,583

HOA Fees

  • $35 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Stone Siding

Interior Spaces

  • 2-Story Property
  • Tray Ceiling
  • Fireplace
  • Mud Room
  • Laminate Flooring
  • Kitchen Island

Bedrooms and Bathrooms

  • Garden Bath

Attic

  • Attic Fan
  • Pull Down Stairs to Attic

Additional Features

  • Fire Pit
  • Wooded Lot
  • Cable TV Available

Community Details

  • Cusick Association, Phone Number (704) 544-7779

Listing and Financial Details

  • Assessor Parcel Number 07-141-183

Home Details

Home Type

Single Family

Year Built

Built in 2014

Lot Details

9,583 Sq Ft Lot

HOA Fees

$35 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Architectural Style: Traditional
  • Construction Status: Complete
  • Ratio Close Price By List Price: 1.01758
  • Ratio Close Price By Original Li: 1.01758
  • Ratio Current Price By Acre: 2357466.06
  • Ratio Current Price By Sq Ft: 167.42
  • Year Built: 2014
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 1377
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Total Bedrooms: 4
  • Doors and Windows: g-Insulated Door(s), Storm Window(s)
  • Equipment: Cable Prewire, Ceiling Fan(s), CO Detector, Convection Oven, Cooktop Gas, Dishwasher, Disposal, Double Oven, Exhaust Fan, Exhaust Hood, Gas Oven, Gas Range, Natural Gas, Refrigerator, Security System, Surround Sound, Trash Compactor
  • Fireplace Description: FAMILYRM
  • Fireplace: Yes
  • Flooring: Laminate Wood
  • H O A Management Phone: 704-544-7779
  • Interior Amenities: Attic Fan, Attic Stairs Pulldown, Cable Available, Drop Zone, Garden Tub, Kitchen Island, Pantry, Tray Ceiling
  • Laundry Location: Main
  • Room Count: 2
  • Main Level Sq Ft: 1735
  • Total Sq Ft: 3112

Exterior Features

  • Construction: Brick Partial, Fiber Cement, Stone
  • Construction Type: Site Built
  • Exterior Features: Fire pit

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Garage - 2 Car

Utilities

  • Heating: Central Air, Multizone A/C, MultiZone Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Community Features: Sidewalk, Street Lights
  • Association Fee: 105.00
  • Association Fee Frequency: Quarterly
  • HOA Management Company: Cusick
  • Hoa Subject To Dues: Mandatory

Lot Info

  • Lot Features: Cul-de-sac Lot, Wooded
  • Parcel Number: 07-141-183
  • Zoning Specification: R

Tax Info

  • Tax Value: 292100.00
  • Tax Location: Union

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2021
Closed on
Oct 8, 2021
Sold by
Rautand Rupesh Pralhad and Raut Kirti Rupesh
Bought by
Prakashan Vinay and Srishalla Rashmimandayam
Seller's Agent
Balaji Tatineni
JVC Realty, LLC
Buyer's Agent
Chandra Mavuluri
Tech Realty LLC
List Price
$512,000
Sold Price
$521,000
Premium/Discount to List
$9,000
1.76%
Current Estimated Value
$666,153

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,153
Avg. Annual Appreciation
5.59%
Original Mortgage
$494,950
Outstanding Balance
$447,412
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$218,741

Purchase Details

Closed on
Jan 1, 2021
Sold by
Raut Rupesh Pralhad and Raut Repesh Pralhad
Bought by
Raut Rupesh Pralhad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
2.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 12, 2014
Sold by
Lennar Carolinas Llc
Bought by
Raut Rupesh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,980
Interest Rate
4.19%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Prakashan Vinay $521,000 None Available
Raut Rupesh Pralhad -- None Listed On Document
Raut Rupesh $307,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Prakashan Vinay $494,950
Previous Owner Raut Rupesh Pralhad $252,000
Previous Owner Raut Rupesh $275,980
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/08/2021 10/08/21 Sold $521,000 +1.8% $167 / Sq Ft
08/22/2021 08/22/21 Pending -- -- --
08/20/2021 08/20/21 For Sale $512,000 -- $165 / Sq Ft
Source: Canopy MLS

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 $3,950 $580,000 $117,600 $462,400
2024 $3,206 $366,100 $81,900 $284,200
2023 $3,076 $366,100 $81,900 $284,200
2022 $3,055 $366,100 $81,900 $284,200
2021 $3,052 $366,100 $81,900 $284,200
2020 $2,969 $292,100 $56,000 $236,100
2019 $2,956 $292,100 $56,000 $236,100
2018 $2,956 $292,100 $56,000 $236,100
2017 $3,056 $292,100 $56,000 $236,100
2016 $3,060 $292,100 $56,000 $236,100
2015 $3,091 $292,100 $56,000 $236,100
2014 -- $50,000 $50,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Balaji Tatineni

    Seller's Agent in 2021

    Balaji Tatineni

    JVC Realty, LLC

    (803) 280-4809

    334 Total Sales

    Balaji Tatineni
    Section Image
  • Chandra Mavuluri

    Buyer's Agent in 2021

    Chandra Mavuluri

    Tech Realty LLC

    (704) 226-4737

    274 Total Sales

    Chandra Mavuluri
    Section Image
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Map

Source: Canopy MLS

MLS Number: CAR3774294

Canopy MLS

APN: 07-141-183

North Carolina Union County Matthews 28105

4032 Franklin Meadows Dr, Matthews, NC

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Canopy MLS All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID
Listings courtesy of Canopy MLS as distributed by MLS GRID

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