NOT LISTED FOR SALE

505 Gelderland Dr Unit 1072 Matthews, NC 28104

Estimated Value: $279,000 - $310,000

3 Beds
2.5 Baths
1,320 Sq Ft
$185/mo HOA Fee

Last Sold April 24, 2017

Last sale price $153,000 $116 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $1,877/month

Highlights

  • Pond
  • Community Pool
  • Kitchen Island
  • Indian Trail Elementary School Rated A
  • Walk-In Closet
  • Trails

About This Home

As of April 2017

THIS TOWNHOME IS MOVE IN READY-HURRY TO SEE THIS WELL MAINTAINED TOWNHOME IN THE HIGHLY DESIRED ARLINGTON DOWNS COMPLEX. THIS HOME OFFERS AN OVERSIZED GREAT ROOM THAT IS OPEN TO THE DINING ROOM, THE KITCHEN OFFERS AN ISLAND, RECESSED LIGHTING, A PANTRY AND BEAUTIFUL WOOD FLOORING, THIS TOWNHOME HAS BEEN RECENTLY PAINTED THROUGHOUT, IT OFFERS A LARGE MASTER BEDROOM WITH A WALK-IN CLOSET, A MASTER BATH WITH JACK AND JILL SINKS. IT ALSO OFFERS AN OUTDOOR STORAGE AREA. DON’T MISS OUT ON THIS ONE.

Last Agent to Sell the Property

Brian Benton

Emerald Pointe Realty License #200200 Listed on: 03/14/2017

Last Buyer's Agent

Alicia Love

Allen Tate/Southland Homes + Realty LLC License #288689

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,648

Year Built

  • Built in 2002

Lot Details

  • 436

HOA Fees

  • $185 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Vinyl Siding

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • Walk-In Closet

Home Security

Additional Features

  • Kitchen Island
  • Pond

Listing and Financial Details

  • Assessor Parcel Number 07-144-357

Community Details

Overview

  • Key Management Association, Phone Number (704) 234-2947

Recreation

  • Community Pool
  • Trails

Security

  • Storm Doors

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,648

Year Built

Built in 2002

Lot Details

0

HOA Fees

$185 per month

Listing Details

  • Property Type: Condo/Townhouse
  • Property Sub Type: 2 Story
  • Ratio Close Price By List Price: 0.93578
  • Ratio Close Price By Original Li: 0.93578
  • Ratio Current Price By Acre: 9562500.00
  • Ratio Current Price By Sq Ft: 115.91
  • Unit Floor Level: 1
  • Year Built: 2002
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 660
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Doors and Windows: Storm Door(s)
  • Entry Level: Main
  • Equipment: Ceiling Fan(s), Cable Prewire, Disposal, Dishwasher, Electric Range, Exhaust Hood, Electric Oven
  • Flooring: Carpet, Laminate Wood, Vinyl
  • H O A Management Phone: 704-234-2947
  • Interior Amenities: Kitchen Island, Pantry, Split BR Plan, Walk-In Closet(s)
  • Laundry Location: Main, Laundry Room
  • Room Count: 2
  • Main Level Sq Ft: 660
  • Total Sq Ft: 1320
  • Sq Ft Unheated Main: 32
  • Sq Ft Unheated Total: 32

Exterior Features

  • Construction: Brick Partial, Vinyl
  • Construction Type: Site Built
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Asphalt
  • Parking: Parking Space - 2

Utilities

  • Heating: Central Air, Gas Hot Air Furnace
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Pond, Outdoor Pool, Walking Trails
  • Association Fee: 185.00
  • Association Fee Frequency: Monthly
  • Complex Name: Arlington Downs
  • HOA Management Company: KEY MANAGEMENT
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Stallings
  • Middle School: Porter Ridge
  • High School: Porter Ridge

Lot Info

  • Land Included Yn: Yes
  • Lot Dimension: see tax map
  • Lot Size Area: 0.016
  • Parcel Number: 07-144-357
  • Zoning: Residential
  • Zoning Specification: AU1

Tax Info

  • Tax Location: Stallings

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 6, 2021
Sold by
Mullis Kelley M
Bought by
Ferguson John T
Current Estimated Value
$291,971

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,000
Outstanding Balance
$176,526
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$113,915

Purchase Details

Listed on
Mar 14, 2017
Closed on
Mar 28, 2017
Sold by
Gibson Tyler J and Gibson Katelyn
Bought by
Mullis Keeley M
Seller's Agent
Brian Benton
Emerald Pointe Realty
Buyer's Agent
Alicia Love
Allen Tate/Southland Homes + Realty LLC
List Price
$163,500
Sold Price
$153,000
Premium/Discount to List
-$10,500
-6.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.93%
Original Mortgage
$150,228
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 21, 2015
Sold by
Baker Limburg Janice
Bought by
Gibson Tyler J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,790
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
May 14, 2010
Sold by
Federal National Mortgage Association
Bought by
Limburg Janice Baker

Purchase Details

Closed on
Feb 16, 2010
Sold by
Shaw Sandra Loree
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Feb 28, 2003
Sold by
Portrait Homes Construction Co
Bought by
Cox Sandra R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,547
Interest Rate
5.95%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Ferguson John T $200,000 None Available
Mullis Keeley M $153,000 Chicago Title Insurance Comp
Gibson Tyler J $122,000 Attorney
Limburg Janice Baker -- None Available
Federal National Mortgage Association $118,320 None Available
Cox Sandra R $102,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ferguson John T $194,000
Previous Owner Mullis Keeley N $150,228
Previous Owner Mullis Keeley M $4,506
Previous Owner Gibson Tyler J $119,790
Previous Owner Shaw Sandra Loree $105,500
Previous Owner Cox Sandra R $101,547
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2017 04/24/17 Sold $153,000 -6.4% $116 / Sq Ft
03/14/2017 03/14/17 Pending -- -- --
03/14/2017 03/14/17 For Sale $163,500 -- $124 / 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 $1,648 $184,400 $34,200 $150,200
2023 $1,582 $184,400 $34,200 $150,200
2022 $1,561 $184,400 $34,200 $150,200
2021 $1,560 $184,400 $34,200 $150,200
2020 $1,282 $123,500 $23,000 $100,500
2019 $1,276 $123,500 $23,000 $100,500
2018 $1,276 $123,500 $23,000 $100,500
2017 $1,292 $123,500 $23,000 $100,500
2016 $1,320 $123,500 $23,000 $100,500
2015 $690 $123,500 $23,000 $100,500
2014 $416 $117,650 $20,000 $97,650
Source: Public Records

Agents Affiliated with this Home

  • Brian Benton

    Seller's Agent in 2017

    Brian Benton

    Emerald Pointe Realty

    (980) 328-3597

    221 Total Sales

    Brian Benton
    Section Image
  • Alicia Love

    Buyer's Agent in 2017

    Alicia Love

    Allen Tate/Southland Homes + Realty LLC

    (704) 506-3574

    187 Total Sales

    Alicia Love
    Section Image
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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3260276

Canopy MLS (Canopy Realtor® Association)

APN: 07-144-357

North Carolina Union County Matthews 28104

505 Gelderland Dr Unit 1072, Matthews, NC

This home is located at 505 Gelderland Dr Unit 1072, Matthews, NC 28104 since 14 March 2017 and is currently estimated at $291,971, approximately $221 per square foot. This property was built in 2002. 505 Gelderland Dr Unit 1072 is a home located in Union County with nearby schools including Indian Trail Elementary School, Sun Valley Middle School, and Sun Valley High School.

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