NOT LISTED FOR SALE

5032 Potter Rd Unit 7 Matthews, NC 28104

Estimated Value: $253,724 - $268,000

3 Beds
1 Bath
954 Sq Ft
$272/Sq Ft Est. Value

Last Sold September 08, 2017

Last sale price $111,000 $116 Per Sq Ft

Est. 133% increase in value since last sale

Current estimated payment $1,475/month

4 Days on Market

Highlights

  • Wooded Lot
  • Ranch Style House
  • Storm Windows
  • Indian Trail Elementary School Rated A
  • No HOA
  • Laundry Room

About This Home

As of September 2017

Convenient Location!!!! One mile off 485 and convenient to shopping and restaurants.
HVAC only a year old. Large fenced back yard. Storage building.
All bedroom doors were just replaced in June. Appliances are 3 years old.
Must be pre-approved with lender and provide letter with offer.

Last Agent to Sell the Property

Sherry Murphey

Carolina Homes Connection, LLC Brokerage Email: sherrymurphey@kw.com License #284471 Listed on: 07/19/2017

Carolina Homes Connection, LLC

Last Buyer's Agent

Michael S Wong

Fathom Realty NC LLC License #291902

Fathom Realty NC LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,190

Year Built

  • Built in 1968

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 73x75x73x75
  • Fenced
  • Paved or Partially Paved Lot
  • Open Lot
  • Wooded Lot
  • Property is zoned R1

Home Design

  • Ranch Style House
  • Composition Roof
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • Ceiling Fan
  • Vinyl Flooring
  • Crawl Space
  • Storm Windows

Kitchen

  • Electric Oven
  • Self-Cleaning Oven
  • Electric Range

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Split Bedroom Floorplan
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Parking

  • Driveway
  • 4 Open Parking Spaces

Outdoor Features

  • Shed

Utilities

  • Vented Exhaust Fan
  • Heat Pump System
  • Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Built by Ed Griffin
  • Spring Hill Subdivision, Ranch Floorplan

Listing and Financial Details

  • Assessor Parcel Number 07-144-066

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,190

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Year Built: 1968
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Gravel, Paved
  • Unit Levels: One
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 116.35
  • Attribution Contact: sherrymurphey@kw.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: No
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Cable Prewire, Split Bedroom
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 954
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 50
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 50
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Appliances: Electric Oven, Electric Range, Exhaust Fan, Gas Water Heater, Refrigerator, Self Cleaning Oven
  • Above Grade Finished Sq Ft: 954
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Storm Door(s)
  • Living Area: 954
  • Window Features: Storm Window(s)
  • Bedroom Main: 3
  • Room Count: 6
  • Sq Ft Other: 0

Exterior Features

  • New Construction: No
  • Roof: Composition
  • Construction Type: Site Built
  • Fencing: Fenced
  • Construction Type: Brick Full
  • Other Structures: Shed(s)

Garage/Parking

  • Main Level Garage YN: 0
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Parking Features: Driveway, Parking Space(s)

Utilities

  • Heating: Heat Pump
  • Sewer: County Sewer
  • Laundry Features: Electric Dryer Hookup, Main Level
  • Security: Carbon Monoxide Detector(s)
  • Cooling: Ceiling Fan(s), Heat Pump
  • Water Source: County Water

Condo/Co-op/Association

  • Hoa Subject To Dues: No
  • Association: No

Schools

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

Lot Info

  • Lot Features: Open Lot, Paved, Wooded
  • Lot Size Area: 0.26
  • Lot Size Units: Acres
  • Parcel Number: 07-144-066
  • Development Status: Completed
  • Lot Size Acres: 0.26
  • Lot Size: 73x75x73x75
  • Lot Size Sq Ft: 11325
  • Zoning Description: SFR
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R1

Green Features

  • Green Verification Count: 1

Building Info

  • Builder Name: Ed Griffin

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2017
Closed on
Sep 8, 2017
Sold by
Reel Property Solutions Llc
Bought by
Odeesho Fareeda D
Seller's Agent
Sherry Murphey
Carolina Homes Connection, LLC
Buyer's Agent
Michael S Wong
Fathom Realty NC LLC
List Price
$124,900
Sold Price
$111,000
Premium/Discount to List
-$13,900
-11.13%
Total Days on Market
4
Current Estimated Value
$259,181

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,181
Avg. Annual Appreciation
10.85%
Original Mortgage
$43,000
Outstanding Balance
$36,353
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$210,572

Purchase Details

Closed on
May 6, 2011
Sold by
Murphey Sherry M and Murphey Daniel G
Bought by
Reel Property Solutions

Purchase Details

Closed on
Sep 26, 2000
Sold by
Privette Richard H
Bought by
Murphey Daniel G and Murphey Sherry M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,600
Interest Rate
8.05%

Purchase Details

Closed on
Mar 23, 2000
Sold by
King Clinton H
Bought by
Privette Richard H
Source: Public Records

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Range of Values:

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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
Odeesho Fareeda D $111,000 Austin Title Llc
Reel Property Solutions -- None Available
Murphey Daniel G $81,000 --
Privette Richard H $55,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Odeesho Fareeda D $43,000
Previous Owner Murphey Daniel G $65,000
Previous Owner Murphey Daniel G $65,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2017 09/08/17 Sold $111,000 -11.1% $116 / Sq Ft
07/23/2017 07/23/17 Pending -- -- --
07/19/2017 07/19/17 For Sale $124,900 -- $131 / 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 $1,190 $131,000 $21,100 $109,900
2023 $1,144 $131,000 $21,100 $109,900
2022 $1,123 $131,000 $21,100 $109,900
2021 $1,122 $131,000 $21,100 $109,900
2020 $731 $68,500 $12,500 $56,000
2019 $728 $68,500 $12,500 $56,000
2018 $0 $68,500 $12,500 $56,000
2017 $763 $68,500 $12,500 $56,000
2016 $753 $68,500 $12,500 $56,000
2015 $760 $68,500 $12,500 $56,000
2014 $393 $55,570 $20,000 $35,570
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3290206

Canopy MLS (Canopy Realtor® Association)

APN: 07-144-066