NOT LISTED FOR SALE

501 Devonport Dr Matthews, NC 28104

Estimated Value: $965,000 - $1,259,837

3 Beds
5 Baths
5,012 Sq Ft
$226/Sq Ft Est. Value

Last Sold November 22, 2021

Last sale price $790,000 $158 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $6,488/month

3 Days on Market

Highlights

  • In Ground Pool
  • Colonial Architecture
  • Wood Flooring
  • Antioch Elementary School Rated A
  • Wooded Lot
  • Fireplace

About This Home

As of November 2021

Unique custom built, 3-Story, all brick home boasting 5100 SF w/ 1,775 SF detached garage & workshop on 2.25 Ac in Wellington Woods w/ In-Ground Pool & 3 car attached garage (Over 8K sq ft total!). New Pool Liner (2021), Crawl Space Encapsulation (2021), 1st/2nd floor HVAC (2019). 1st Floor has an elegant entryway, formal living & dining room, private study & large living room that overlooks the private backyard. The oversized kitchen connects to the 1st floor laundry/utility room & access to a 2nd staircase. The 2nd floor has a spacious primary suite w/walk-in closet, additional sitting room w/ fireplace & large bathroom. Two additional bedrooms, full guest bathroom & 2nd office space that connects to the game/bonus room. The 3rd floor is a completely finished in-law suite w/2 bonus rooms, living room, & full bathroom. Owner has used home as a functional 5+ bedroom. The private, fenced in oversized backyard w/pool makes this a true beauty!

Last Agent to Sell the Property

Mitch Boraski

EXP Realty LLC Ballantyne License #326014 Listed on: 10/15/2021

EXP Realty LLC Ballantyne

Last Buyer's Agent

Amanda Carvalho

NorthGroup Real Estate LLC License #331569

NorthGroup Real Estate LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1985

Lot Details

  • Wooded Lot
  • Many Trees

Parking

  • Attached Garage
  • Workshop in Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 3-Story Property
  • Fireplace
  • Crawl Space

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • Walk-In Closet

Schools

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

Additional Features

  • In Ground Pool
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 06-042-050

Home Details

Home Type

Single Family

Year Built

Built in 1985

Lot Details

0

Parking

3

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 3 Story
  • Architectural Style: Colonial
  • Ratio Close Price By List Price: 0.98750
  • Ratio Close Price By Original Li: 0.98750
  • Ratio Current Price By Acre: 309803.92
  • Ratio Current Price By Sq Ft: 157.62
  • Year Built: 1985
  • Special Features: None
  • Stories: 3

Interior Features

  • Foundation Details: Crawl Space
  • Upper Level Sq Ft: 2321
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bathrooms: 5.00
  • Total Bedrooms: 3
  • Equipment: Cooktop Electric, Dishwasher, Double Oven, Wall Oven
  • Fireplace Description: FAMILYRM, Primary Bedroom
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl, Wood
  • Interior Amenities: Garage Shop, Walk-In Closet(s)
  • Laundry Location: Main, Laundry Room
  • Room Count: 3
  • Main Level Sq Ft: 1891
  • Third Level Sq Ft: 800
  • Total Sq Ft: 5012
  • Sq Ft Unheated Main: 1355
  • Sq Ft Unheated Total: 1355

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard, Pool-In-Ground

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Detached Garage, Garage - 3 Car
  • Sq Ft Garage: 1775

Utilities

  • Heating: Multizone A/C
  • Sewer: Septic Installed
  • Water: City Water, County Water, Well Installed
  • Water Heater: Electric

Schools

  • Middle Or Junior School: Weddington

Lot Info

  • Lot Features: Trees, Wooded
  • Parcel Number: 06-042-050
  • Zoning Specification: AM7

Tax Info

  • Tax Value: 486900.00
  • Tax Location: Matthews

MLS Schools

  • Elementary School: Antioch
  • High School: Weddington

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2021
Closed on
Nov 22, 2021
Sold by
Mcginness Robert L and Mcginness Linda B
Bought by
Carvalho Moises Jorge and Carvalho Amanda Marrafao
Seller's Agent
Mitch Boraski
EXP Realty LLC Ballantyne
Buyer's Agent
Amanda Carvalho
NorthGroup Real Estate LLC
List Price
$800,000
Sold Price
$790,000
Premium/Discount to List
-$10,000
-1.25%
Current Estimated Value
$1,134,209

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$344,209
Avg. Annual Appreciation
9.20%
Original Mortgage
$625,000
Outstanding Balance
$570,292
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$563,917

Purchase Details

Closed on
Feb 9, 2018
Sold by
Mcginness Robert L and Mcginness Linda B
Bought by
Mcginness Robert L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Carvalho Moises Jorge $790,000 None Available
Mcginness Robert L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carvalho Moises Jorge $625,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/22/2021 11/22/21 Sold $790,000 -1.3% $158 / Sq Ft
10/18/2021 10/18/21 Pending -- -- --
10/15/2021 10/15/21 For Sale $800,000 -- $160 / 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 $6,542 $1,309,400 $0 $0
2024 $6,780 $998,200 $75,500 $922,700
2023 $4,116 $650,300 $75,500 $574,800
2022 $4,136 $650,300 $75,500 $574,800
2021 $4,136 $650,300 $75,500 $574,800
2020 $3,559 $486,850 $75,950 $410,900
2019 $3,812 $486,850 $75,950 $410,900
2018 $3,559 $486,850 $75,950 $410,900
2017 $3,836 $486,900 $76,000 $410,900
2016 $3,766 $486,850 $75,950 $410,900
2015 $3,819 $486,850 $75,950 $410,900
2014 $3,112 $446,770 $151,000 $295,770
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3792365

Canopy MLS (Canopy Realtor® Association)

APN: 06-042-050