NOT LISTED FOR SALE

505 Gelderland Dr Matthews, NC 28104

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

3 Beds
2.5 Baths
1,342 Sq Ft
$235/mo HOA Fee

Last Sold April 06, 2021

Last sale price $200,000 $149 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $1,927/month

1 Day on Market

About This Home

As of April 2021

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, 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. DINING ROOM TABLE CAN STAY WITH HOME. DON’T MISS OUT ON THIS ONE.

Last Agent to Sell the Property

Kimberly Thackston

Thackston Realty Group LLC License #300535 Listed on: 03/06/2021

Last Buyer's Agent

Liz Teifer

Achieve Realty License #274862

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2002

Lot Details

  • 697

HOA Fees

  • $235 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Vinyl Siding

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

Listing and Financial Details

  • Assessor Parcel Number 07-144-357

Property Details

Home Type

Condominium

Year Built

Built in 2002

Lot Details

0

HOA Fees

$235 per month

Listing Details

  • Property Type: Condo/Townhouse
  • Property Sub Type: 2 Story
  • Ratio Close Price By List Price: 1.00050
  • Ratio Close Price By Original Li: 1.00050
  • Ratio Current Price By Sq Ft: 149.03
  • Unit Floor Level: 1
  • Year Built: 2002
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 671
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Entry Level: Main
  • Equipment: Ceiling Fan(s), Dishwasher, Disposal, Electric Oven, Electric Range
  • Flooring: Carpet, Laminate Wood, Vinyl
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 671
  • Total Sq Ft: 1342

Exterior Features

  • Construction: Brick Partial, Vinyl
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Asphalt
  • Parking: Parking Space - 2

Utilities

  • Heating: Central Air, Heat Pump - Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee: 235.00
  • Association Fee Frequency: Monthly
  • Complex Name: Arlington Downs
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Parcel Number: 07-144-357
  • Zoning Specification: AU1

Tax Info

  • Tax Value: 123500.00
  • Tax Location: Union

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2021
Closed on
Apr 6, 2021
Sold by
Mullis Kelley M
Bought by
Ferguson John T
Seller's Agent
Kimberly Thackston
Thackston Realty Group LLC
Buyer's Agent
Liz Teifer
Achieve Realty
List Price
$199,900
Sold Price
$200,000
Premium/Discount to List
$100
0.05%
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.
Estimated Appreciation
$91,971
Avg. Annual Appreciation
8.75%
Original Mortgage
$194,000
Outstanding Balance
$176,526
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$113,915

Purchase Details

Closed on
Mar 28, 2017
Sold by
Gibson Tyler J and Gibson Katelyn
Bought by
Mullis Keeley M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
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
04/06/2021 04/06/21 Sold $200,000 +0.1% $149 / Sq Ft
03/08/2021 03/08/21 Pending -- -- --
03/06/2021 03/06/21 For Sale $199,900 -- $149 / 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

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3715103

Canopy MLS (Canopy Realtor® Association)

APN: 07-144-357