NOT LISTED FOR SALE

Estimated Value: $234,000 - $271,000

2 Beds
2.5 Baths
1,164 Sq Ft
$219/Sq Ft Est. Value

Last Sold March 16, 2023

Last sale price $235,000 $202 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $1,712/month

6 Days on Market

Highlights

  • Fitness Center
  • Open Floorplan
  • Wooded Lot
  • Gated Community
  • Clubhouse
  • Community Pool

About This Home

As of March 2023

Welcome home to Melrose Townhomes, a charming well-kept community in the heart of Matthews! The community features a lovely pool, clubhouse, and fitness center. This 2 story townhome has two primary bedrooms, each with its own full bath and large closet, ideal for a roommate situation. The large living room features a warm gas fireplace with built-in bookshelves on each side. From the bright, cozy kitchen and pass-through/breakfast bar, you can see the spacious dining and living rooms, and out to the sunny patio. There is also an ample storage room off the large patio. The laundry is conveniently located upstairs near the 2 bedrooms. Come make this wonderful home your own! Some cosmetic updating is needed and it's reflected in the price. The super location is close to shopping, restaurants, charming downtown Matthews, and everything Charlotte has to offer. Homes in this community sell quickly so make your appointment to see it today!

Last Agent to Sell the Property

Lizette Conover

RE/MAX Executive License #250241 Listed on: 02/08/2023

RE/MAX Executive

Co-Listed By

Darren Conover

RE/MAX Executive License #255453

Last Buyer's Agent

Natascha Honc

Coldwell Banker Realty License #302198

Coldwell Banker Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,937

Year Built

  • Built in 1998

Lot Details

  • 1,307

HOA Fees

  • $216 Monthly HOA Fees

Parking

  • 2 Assigned Parking Spaces

Home Design

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

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Insulated Windows
  • Living Room with Fireplace
  • Laundry on upper level

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms

Home Security

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Patio
  • Wooded Lot

Listing and Financial Details

  • Assessor Parcel Number 193-045-11

Community Details

Overview

  • Kuester Management Association, Phone Number (704) 973-9019
  • Melrose Townhomes Condos
  • Melrose Townhomes Subdivision
  • Mandatory home owners association

Amenities

  • Clubhouse

Recreation

  • Fitness Center
  • Community Pool

Security

  • Gated Community
  • Storm Doors

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,937

Year Built

Built in 1998

Lot Details

0

HOA Fees

$216 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Year Built: 1998
  • Restrictions: Subdivision
  • Second Living Quarters: None
  • Road Surface Type: Asphalt, Paved
  • Unit Levels: Two
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 201.89
  • Bedroom Lower: 0
  • Geocode Confidence: High
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Slab
  • Entry Level: 1
  • Fireplace: Yes
  • Flooring: Carpet, Laminate, Tile, Vinyl
  • Interior Amenities: Open Floorplan
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 582
  • 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: 582
  • Appliances: Dishwasher, Electric Range, Gas Water Heater, Microwave, Refrigerator
  • Above Grade Finished Sq Ft: 1164
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Storm Door(s)
  • Fireplace Features: Living Room
  • Living Area: 1164
  • Window Features: Insulated Window(s)
  • Bedroom Main: 0
  • Room Count: 9
  • Bedroom Basement: 0
  • Bedroom Third: 0

Exterior Features

  • Exterior Features: Storage
  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Construction Type: Brick Partial, Vinyl
  • Patio And Porch Features: Patio

Garage/Parking

  • Main Level Garage YN: 0
  • Open Parking: No
  • Parking Features: Assigned
  • Assigned Spaces: 2

Utilities

  • Heating: Forced Air, Natural Gas
  • Sewer: Public Sewer
  • Laundry Features: Laundry Closet, Upper Level
  • Cooling: Central Air, Electric
  • Utilities: Cable Available
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Clubhouse, Fitness Center, Gated, Outdoor Pool, Sidewalks, Street Lights
  • Association Fee: 216
  • Association Fee Frequency: Monthly
  • Hoa Subject To Dues: Mandatory
  • Complex Name: Melrose Townhomes
  • Senior Community: No
  • Association Name: Kuester Management
  • Phone: 704-973-9019
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Association Annual Expense: 2592.00

Schools

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

Lot Info

  • Lot Features: Wooded
  • Lot Size Area: 0.03
  • Lot Size Units: Acres
  • Parcel Number: 193-045-11
  • Zoning: R17MF
  • Land Included Yn: 1
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R17MF

Green Features

  • Green Verification Count: 0

Rental Info

  • Pets Allowed: Conditional

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2023
Closed on
Mar 15, 2023
Sold by
Dobson Amanda
Bought by
Helm Carlin Franklin
Seller's Agent
Lizette Conover
RE/MAX Executive
Buyer's Agent
Natascha Honc
Coldwell Banker Realty
List Price
$237,000
Sold Price
$235,000
Premium/Discount to List
-$2,000
-0.84%
Views
61
Current Estimated Value
$254,531

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,531
Avg. Annual Appreciation
3.09%
Original Mortgage
$188,000
Outstanding Balance
$182,055
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$72,476

Purchase Details

Closed on
Aug 7, 2020
Sold by
Dobson Mark
Bought by
Dobson Amanda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,651
Interest Rate
3%
Mortgage Type
FHA

Purchase Details

Listed on
Mar 6, 2018
Closed on
Apr 6, 2018
Sold by
Monroe Kathleen K
Bought by
Dobson Amanda and Dobson Mark
Seller's Agent
Sasha Elliott
Harper Realty
Buyer's Agent
Lizette Conover
RE/MAX Executive
List Price
$135,000
Sold Price
$135,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.75%
Original Mortgage
$132,554
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
May 31, 2005
Sold by
Bredice Gary A and Bredice Rita
Bought by
Monroe Kathleen K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,298
Interest Rate
5.74%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 9, 1998
Sold by
Melrose Llc
Bought by
Bredice Gary A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,000
Interest Rate
6.99%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Helm Carlin Franklin $235,000 Austin Title
Dobson Amanda -- None Available
Dobson Amanda $135,000 None Available
Monroe Kathleen K $90,500 --
Bredice Gary A $103,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Helm Carlin Franklin $188,000
Previous Owner Dobson Amanda $130,651
Previous Owner Dobson Amanda $132,554
Previous Owner Monroe Kathleen K $89,298
Previous Owner Bredice Gary A $78,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/16/2023 03/16/23 Sold $235,000 -0.8% $202 / Sq Ft
02/14/2023 02/14/23 Pending -- -- --
02/08/2023 02/08/23 For Sale $237,000 +75.6% $204 / Sq Ft
04/06/2018 04/06/18 Sold $135,000 0.0% $115 / Sq Ft View Prior Sale
03/12/2018 03/12/18 Pending -- -- --
03/06/2018 03/06/18 For Sale $135,000 -- $115 / 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 $1,937 $235,500 $50,000 $185,500
2024 $1,937 $235,500 $50,000 $185,500
2023 $1,867 $235,500 $50,000 $185,500
2022 $1,405 $132,600 $30,000 $102,600
2021 $1,394 $132,600 $30,000 $102,600
2020 $1,280 $132,600 $30,000 $102,600
2019 $1,371 $132,600 $30,000 $102,600
2018 $1,262 $90,600 $18,000 $72,600
2017 $1,236 $90,600 $18,000 $72,600
2016 $1,226 $90,600 $18,000 $72,600
2015 $1,215 $90,600 $18,000 $72,600
2014 $1,203 $90,600 $18,000 $72,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4000663

Canopy MLS (Canopy Realtor® Association)

APN: 193-045-11