NOT LISTED FOR SALE

4048 Mellon Rd Matthews, NC 28104

Estimated Value: $277,000 - $304,003

3 Beds
1.5 Baths
1,050 Sq Ft
$276/Sq Ft Est. Value

Last Sold October 24, 2017

Last sale price $138,000 $131 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $1,652/month

29 Days on Market

Highlights

  • Ranch Style House
  • Level Lot
  • Vinyl Flooring
  • Indian Trail Elementary School Rated A

About This Home

As of October 2017

Clean and neat 1050 sq foot brick ranch sitting on almost half an acre with 3 bedroom, 1.5 bath. Laminate wood floors throughout. Close to shopping and restaurants.

Last Agent to Sell the Property

Scott Swierski

Edge 5 Realty Inc License #193016 Listed on: 08/11/2017

Last Buyer's Agent

Kamal Dawra

K.M.D. Realty Inc. License #222585

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1978

Lot Details

  • 0.46

Home Design

  • Ranch Style House

Flooring

  • Laminate
  • Vinyl

Additional Features

  • Crawl Space
  • Level Lot
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 07-135-081

Home Details

Home Type

Single Family

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Ranch
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.97876
  • Ratio Close Price By Original Li: 0.97876
  • Ratio Current Price By Acre: 300000.00
  • Ratio Current Price By Sq Ft: 131.43
  • Year Built: 1978
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Equipment: Cable Prewire, Electric Dryer Hookup, Electric Range, Ice Maker Connection, Electric Oven
  • Flooring: Laminate Wood, Vinyl
  • Interior Amenities: Cable Available
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 1050
  • Total Sq Ft: 1050

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Concrete
  • Parking: Driveway

Utilities

  • Heating: Central Air, Electric Hot Air
  • Sewer: County Sewer
  • Water: County Water
  • Water Heater: Gas

Schools

  • Elementary School: Indian Trail
  • Middle School: Sun Valley
  • High School: Sun Valley

Lot Info

  • Lot Dimension: 99x203x102x202
  • Lot Features: Level
  • Lot Size Area: 0.460
  • Parcel Number: 07-135-081
  • Plat Reference Section Pages: 279
  • Zoning: Residential
  • Zoning Specification: Res

Tax Info

  • Tax Value: 88100.00
  • Tax Location: Matthews

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2017
Closed on
Oct 17, 2017
Sold by
Occhipinti Frank M and Occhipinti Kim A
Bought by
Escobedo Pedro G Contreras and Capetillo Carmen I
Seller's Agent
Scott Swierski
Edge 5 Realty Inc
Buyer's Agent
Kamal Dawra
K.M.D. Realty Inc.
List Price
$140,995
Sold Price
$138,000
Premium/Discount to List
-$2,995
-2.12%
Current Estimated Value
$289,501

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,501
Avg. Annual Appreciation
9.73%
Original Mortgage
$1,311,000
Outstanding Balance
$1,093,877
Interest Rate
3.78%
Mortgage Type
New Conventional
Estimated Equity
-$804,376

Purchase Details

Closed on
Nov 23, 2005
Sold by
Hud
Bought by
Occhipinti Frank M and Occhipinti Kim A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.1%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 9, 2005
Sold by
Oates Stephen R and Oates Beverly E
Bought by
Hud

Purchase Details

Closed on
Jun 1, 2001
Sold by
Duncan James E and Duncan Anne Marie
Bought by
Oates Stephen R and Oates Beverley E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,580
Interest Rate
7.05%
Source: Public Records

Range of Values:

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Average Value
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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
Escobedo Pedro G Contreras $138,000 None Available
Occhipinti Frank M -- --
Hud $91,225 --
Oates Stephen R $85,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Escobedo Pedro G Contreras $1,311,000
Previous Owner Occhipinti Frank M $80,000
Previous Owner Oates Stephen R $84,580
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/24/2017 10/24/17 Sold $138,000 -2.1% $131 / Sq Ft
09/09/2017 09/09/17 Pending -- -- --
08/11/2017 08/11/17 For Sale $140,995 0.0% $134 / Sq Ft
03/27/2013 03/27/13 Rented $895 0.0% --
03/27/2013 03/27/13 For Rent $895 -- --
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
2024 $1,401 $163,100 $30,700 $132,400
2023 $1,392 $163,100 $30,700 $132,400
2022 $1,366 $159,900 $30,700 $129,200
2021 $1,365 $159,900 $30,700 $129,200
2020 $692 $88,140 $19,640 $68,500
2019 $904 $88,140 $19,640 $68,500
2018 $0 $88,140 $19,640 $68,500
2017 $948 $88,100 $19,600 $68,500
2016 $720 $88,140 $19,640 $68,500
2015 $729 $88,140 $19,640 $68,500
2014 $599 $84,650 $30,000 $54,650
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3310651

Canopy MLS (Canopy Realtor® Association)

APN: 07-135-081