NOT LISTED FOR SALE

5031 Cambridge Oaks Dr Matthews, NC 28104

Estimated Value: $844,000 - $944,000

4 Beds
5 Baths
3,293 Sq Ft
$276/Sq Ft Est. Value

Last Sold February 26, 2024

Last sale price $805,751 $245 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $5,276/month

3 Days on Market

Highlights

  • In Ground Pool
  • Deck
  • Wooded Lot
  • Antioch Elementary School Rated A
  • Family Room with Fireplace
  • Vaulted Ceiling

About This Home

As of February 2024

If you've been looking for a home with casual elegance and 4 bedrooms, excellent public schools, & an ultra-convenient location, your wait is over. With two ensuite bedrooms - one on the main level and one upstairs - there's plenty of room for everyone to have their own space. Five bathrooms make it absolutely wonderful for a large family or an extended family with in-laws. The open kitchen/family room adjacent to the covered rear porch overlooking the pool mean there's more than enough room when everyone comes together, too. And with the very wooded and private 1.27 acre lot, there's no limit on outdoor fun and games - soak in the hot tub, cool off in the pool, and enjoy an outdoor experience with the wooded firepit. With a two-car garage, a generous amount of kitchen cabinet storage, and plenty of built-ins, you'll find that you have a place for everything, including special touches like an updated laundry room and huge deck with sun porch. A very rare find in the Charlotte area!

Last Agent to Sell the Property

Nicholas Huscroft

Chosen Realty of NC LLC Brokerage Email: office@chosenrealtyco.com License #136437 Listed on: 11/09/2023

Last Buyer's Agent

Jim Vivian

Coldwell Banker Realty License #126003

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,546

Year Built

  • Built in 1997

Lot Details

  • Level Lot
  • Wooded Lot
  • Property is zoned AM6

HOA Fees

  • $32 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Driveway

Home Design

  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 2-Story Property
  • Wired For Data
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Gas Fireplace
  • Family Room with Fireplace
  • Screened Porch
  • Wood Flooring
  • Crawl Space
  • Pull Down Stairs to Attic
  • Double Oven

Bedrooms and Bathrooms

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Deck
  • Fire Pit

Schools

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

Utilities

  • Multiple cooling system units
  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Underground Utilities
  • Septic Tank
  • Cable TV Available

Community Details

  • Cambridge Oak Homeowners Association
  • Cambridge Oaks Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 07-153-013

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,546

Year Built

Built in 1997

Lot Details

0

HOA Fees

$32 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1997
  • Road Surface Type: Concrete, Paved
  • Unit Levels: Two
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 244.69
  • Geocode Confidence: High
  • Attribution Contact: office@chosenrealtyco.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Flooring: Carpet, Wood
  • Interior Amenities: Attic Stairs Pulldown, Vaulted Ceiling(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1882
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 1411
  • Appliances: Double Oven, Refrigerator
  • Above Grade Finished Sq Ft: 3293
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Door Features: Storm Door(s)
  • Fireplace Features: Family Room, Gas Vented, Wood Burning
  • Living Area: 3293
  • Bedroom Main: 1
  • Room Count: 1

Exterior Features

  • Exterior Features: Fire Pit, Hot Tub, In Ground Pool
  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Waterfront Elevation: 1500
  • Construction Type: Brick Full
  • Other Structures: None
  • Patio And Porch Features: Deck, Front Porch, Porch, Rear Porch, Screened

Garage/Parking

  • Main Level Garage YN: 1
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway

Utilities

  • Heating: Central, Forced Air, Heat Pump
  • Sewer: Septic Installed
  • Laundry Features: Laundry Room, Sink
  • Cooling: Central Air, Heat Pump, Multi Units
  • Utilities: Cable Available, Cable Connected, Electricity Connected, Gas, Underground Power Lines, Underground Utilities, Wired Internet Available
  • Water Source: City

Condo/Co-op/Association

  • Association Fee: 387
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: Cambridge Oak homeowners Association
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • Association Annual Expense: 387.00

Schools

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

Lot Info

  • Lot Features: Level, Wooded
  • Lot Size Area: 1.27
  • Lot Size Units: Acres
  • Parcel Number: 07-153-013
  • Zoning: AM6
  • ResoLotSizeUnits: Acres
  • Zoning Specification: AM6

Green Features

  • Green Verification Count: 0

MLS Schools

  • Elementary School: Antioch
  • High School: Weddington

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2023
Closed on
Feb 12, 2024
Sold by
Ahern Todd M and Ahern Melissa M
Bought by
Oliveras Matthew and Oliveras Katherine
Seller's Agent
Nicholas Huscroft
Chosen Realty of NC LLC
Buyer's Agent
Jim Vivian
Coldwell Banker Realty
List Price
$799,000
Sold Price
$805,751
Premium/Discount to List
$6,751
0.84%
Views
124
Current Estimated Value
$909,909

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,158
Avg. Annual Appreciation
7.60%
Original Mortgage
$225,000
Outstanding Balance
$221,495
Interest Rate
6.66%
Mortgage Type
New Conventional
Estimated Equity
$679,197

Purchase Details

Closed on
Apr 15, 2013
Sold by
Benteen Michael L and Benteen Ann
Bought by
Ahern Todd M and Ahern Melissa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$373,000
Interest Rate
3.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 24, 2001
Sold by
Carnes Roy B and Carnes Melinda K
Bought by
Benteen Michael L and Benteen Ann

Purchase Details

Closed on
Apr 29, 1998
Sold by
Griffin Contracting & Consulting Inc
Bought by
Carnes Roy B and Carnes Melinda K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,600
Interest Rate
4.62%
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
Oliveras Matthew -- None Listed On Document
Ahern Todd M $393,000 None Available
Benteen Michael L $325,000 --
Carnes Roy B $307,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oliveras Matthew $225,000
Previous Owner Ahern Todd M $391,500
Previous Owner Ahern Todd M $373,000
Previous Owner Carnes Roy B $25,331
Previous Owner Carnes Roy B $25,000
Previous Owner Carnes Roy B $230,600
Closed Carnes Roy B $40,375
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2024 02/26/24 Sold $805,751 +0.8% $245 / Sq Ft
11/13/2023 11/13/23 Pending -- -- --
11/09/2023 11/09/23 For Sale $799,000 -- $243 / 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
2024 $3,546 $502,800 $75,000 $427,800
2023 $3,183 $502,800 $75,000 $427,800
2022 $3,185 $500,800 $75,000 $425,800
2021 $3,185 $500,800 $75,000 $425,800
2020 $3,095 $423,500 $68,000 $355,500
2019 $3,316 $423,500 $68,000 $355,500
2018 $3,095 $423,500 $68,000 $355,500
2017 $3,308 $423,500 $68,000 $355,500
2016 $3,466 $423,500 $68,000 $355,500
2015 $3,288 $423,500 $68,000 $355,500
2014 $3,304 $497,100 $70,000 $427,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4084128

Canopy MLS (Canopy Realtor® Association)

APN: 07-153-013