NOT LISTED FOR SALE

501 Vinecrest Dr Matthews, NC 28105

Estimated Value: $402,000 - $441,000

4 Beds
1.5 Baths
1,521 Sq Ft
$277/Sq Ft Est. Value

Last Sold October 02, 2023

Last sale price $408,000 $268 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,397/month

17 Days on Market

Highlights

  • Laundry Room
  • Attached Carport
  • Ceiling Fan
  • Crestdale Middle School Rated A-
  • Central Air

About This Home

As of October 2023

Nestled in the Pine Forest community just minutes from downtown Matthews, your new home at 501 Vinecrest Dr, Matthews, NC – is a blend of classic charm and modern upgrades. This home features a new HVAC, roof, LVP flooring, and scratch-resistant surfaces. Step inside to appreciate distinct levels offering privacy and character. The kitchen, showcases quartz countertops, a functional butcher block island, and modern cabinetry. Your new expansive backyard is primed for outdoor entertainment and lasting memories. 501 Vinecrest Dr is a true testament to comfort and style and really for you to call it home!

**$10,000 Seller Credit with approved offer.**

Last Agent to Sell the Property

Donald Gaddy II

EXP Realty LLC Ballantyne License #280712 Listed on: 08/19/2023

EXP Realty LLC Ballantyne

Last Buyer's Agent

Rory Cummins

EXP Realty LLC Ballantyne License #103438

EXP Realty LLC Ballantyne

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1972

Lot Details

  • Back Yard Fenced
  • Property is zoned R9

Parking

  • Attached Carport

Home Design

  • Split Level Home
  • Hardboard

Interior Spaces

  • Ceiling Fan
  • Crawl Space
  • Laundry Room

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • Pine Forest Subdivision

Listing and Financial Details

  • Assessor Parcel Number 227-237-03

Home Details

Home Type

Single Family

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1972
  • Road Surface Type: Concrete
  • Unit Levels: Split Level
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 268.24
  • Bedroom Lower: 1
  • Geocode Confidence: High
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Lower Level Sq Ft: 484
  • Main Level Sq Ft: 506
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 531
  • Appliances: Dishwasher, Electric Range
  • Above Grade Finished Sq Ft: 1521
  • Basement YN: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Living Area: 1521
  • Bedroom Main: 0

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Fencing: Back Yard
  • Construction Type: Hardboard Siding

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: Yes
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Attached Carport

Utilities

  • Heating: Heat Pump
  • Sewer: Public Sewer
  • Laundry Features: In Hall
  • Cooling: Ceiling Fan(s), Central Air
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: None

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 227-237-03
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R9

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2023
Closed on
Nov 15, 2023
Sold by
Kamra Pallavi and Muraleedharan Sandesh
Bought by
501 Vinecrest Llc
Seller's Agent
Donald Gaddy II
EXP Realty LLC Ballantyne
Buyer's Agent
Rory Cummins
EXP Realty LLC Ballantyne
List Price
$425,000
Sold Price
$408,000
Premium/Discount to List
-$17,000
-4%
Views
906
Current Estimated Value
$418,343

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,343
Avg. Annual Appreciation
1.43%
Original Mortgage
$346,800
Outstanding Balance
$339,108
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$82,356

Purchase Details

Listed on
Aug 19, 2023
Closed on
Oct 2, 2023
Sold by
Kent Jacquelyn and Kent Scott
Bought by
Kamra Pallavi
Seller's Agent
Donald Gaddy II
EXP Realty LLC Ballantyne
Buyer's Agent
Rory Cummins
EXP Realty LLC Ballantyne
List Price
$425,000
Sold Price
$408,000
Premium/Discount to List
-$17,000
-4%
Views
906

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$346,800
Outstanding Balance
$339,108
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$82,356

Purchase Details

Closed on
Aug 10, 2016
Sold by
Campbell Michael Chad and Campbell Lisa Marie
Bought by
Kent Jacquelyn and Kent Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,100
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 31, 2005
Sold by
Mincey James A and Mincey Valentine H
Bought by
Campbell Michael Chad and Campbell Lisa Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
5.74%
Mortgage Type
Fannie Mae Freddie Mac
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
501 Vinecrest Llc -- None Listed On Document
501 Vinecrest Llc -- None Listed On Document
Kamra Pallavi $408,000 None Listed On Document
Kent Jacquelyn $178,000 None Available
Campbell Michael Chad $128,000 Investors Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kamra Pallavi $346,800
Previous Owner Kent Jacquelyn $169,100
Previous Owner Campbell Michael Chad $128,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/02/2023 10/02/23 Sold $408,000 -1.7% $268 / Sq Ft
08/28/2023 08/28/23 Price Changed $415,000 -2.4% $273 / Sq Ft
08/19/2023 08/19/23 For Sale $425,000 -- $279 / 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 $2,525 $330,300 $100,000 $230,300
2024 $2,525 $330,300 $100,000 $230,300
2023 $2,525 $301,400 $100,000 $201,400
2022 $1,701 $182,200 $55,000 $127,200
2021 $1,701 $182,200 $55,000 $127,200
2020 $1,644 $178,900 $55,000 $123,900
2019 $1,638 $178,900 $55,000 $123,900
2018 $1,457 $121,300 $35,000 $86,300
2017 $1,426 $121,300 $35,000 $86,300
2016 $1,422 $121,300 $35,000 $86,300
2015 $1,419 $121,300 $35,000 $86,300
2014 $1,512 $132,100 $35,000 $97,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4060863

Canopy MLS (Canopy Realtor® Association)

APN: 227-237-03