NOT LISTED FOR SALE

5064 Cambridge Oaks Dr Matthews, NC 28104

Estimated Value: $955,000 - $1,037,000

4 Beds
4.5 Baths
3,734 Sq Ft
$264/Sq Ft Est. Value

Last Sold July 16, 2024

Last sale price $1,000,000 $268 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $5,879/month

1 Day on Market

Highlights

  • Whirlpool in Pool
  • Open Floorplan
  • Traditional Architecture
  • Antioch Elementary School Rated A
  • Deck
  • Wood Flooring

About This Home

As of July 2024

Welcome to this beautiful sunlight filled home with huge rocking chair front porch and resort-like backyard! Featuring custom quality architecture&construction plus gorgeous windows throughout,you will also love the livable floor plan. Primary suite on main has newly updated spa bath:spacious polished marble counters,marble style tile shower & flooring,jetted tub.Kitchen boasts Viking gas cooktop,double ovens,granite island and solid surface countertops.A lifetime of memories and entertaining awaits outside where the deck leads to various gathering areas and a stunning pool with flagstone decking surrounded by extensive lush landscaping and NEW wood privacy and powder coated aluminum estate fencing.With just under an acre,there is ample room for sports,ziplining,swings and s'mores by the firepit! Every bedroom has its own full bath. Secluded office upstairs affords great privacy.Tremendous storage space in garage and attic.Quiet cul-de-sac community. High performing Weddington schools!

Last Agent to Sell the Property

Katy Bradfield

Corcoran HM Properties Brokerage Email: katy@hmproperties.com License #71316 Listed on: 06/10/2024

Corcoran HM Properties

Last Buyer's Agent

Andy Thomas

United Real Estate-Queen City License #300083

United Real Estate-Queen City

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,482

Year Built

  • Built in 1996

Lot Details

  • Privacy Fence
  • Wood Fence
  • Back Yard Fenced
  • Irrigation
  • Property is zoned AM6

HOA Fees

  • $32 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Traditional Architecture
  • Composition Roof
  • Four Sided Brick Exterior Elevation
  • Hardboard

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Central Vacuum
  • Built-In Features
  • Insulated Windows
  • Mud Room
  • Entrance Foyer
  • Family Room with Fireplace
  • Bonus Room with Fireplace
  • Crawl Space
  • Pull Down Stairs to Attic
  • Home Security System

Kitchen

  • Built-In Double Convection Oven
  • Gas Cooktop
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Accessible Home Design

  • More Than Two Accessible Exits

Pool

  • Whirlpool in Pool
  • In Ground Pool

Outdoor Features

  • Deck
  • Covered patio or porch
  • Fire Pit
  • Shed

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • Cambridge Oaks HOA, Phone Number (651) 262-4206
  • Cambridge Oaks Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 071-53-027

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,482

Year Built

Built in 1996

Lot Details

0

HOA Fees

$32 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 1996
  • Restrictions: Architectural Review,Building,Signage,Subdivision,Use
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Concrete, Paved
  • Unit Levels: Two
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 267.81
  • Geocode Confidence: High
  • Attribution Contact: katy@hmproperties.com
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Attic Stairs Pulldown, Built-in Features, Cable Prewire, Central Vacuum, Drop Zone, Entrance Foyer, Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s), Whirlpool
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 2094
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 1640
  • Appliances: Convection Oven, Dishwasher, Disposal, Double Oven, Gas Cooktop, Gas Water Heater, Wall Oven
  • Above Grade Finished Sq Ft: 3734
  • Accessibility Features: Two or More Access Exits
  • Basement YN: No
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Insulated Door(s)
  • Fireplace Features: Bonus Room, Family Room, Gas Log
  • Living Area: 3734
  • Window Features: Insulated Window(s)
  • Bedroom Main: 1
  • Room Count: 17

Exterior Features

  • Exterior Features: Fire Pit, In-Ground Irrigation, In Ground Pool
  • New Construction: No
  • Roof: Composition
  • Construction Type: Site Built
  • Fencing: Back Yard, Fenced, Privacy, Wood
  • Construction Type: Brick Full, Hardboard Siding
  • Other Structures: Shed(s)
  • Patio And Porch Features: Covered, Deck, Front Porch, Patio

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 665
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway, Attached Garage, Garage Door Opener, Garage Faces Side

Utilities

  • Heating: Forced Air, Natural Gas, Zoned
  • Sewer: Septic Installed
  • Laundry Features: Electric Dryer Hookup, Laundry Room, Main Level, Sink
  • Security: Carbon Monoxide Detector(s), Security System, Smoke Detector(s)
  • Cooling: Central Air, Zoned
  • Utilities: Cable Available, Electricity Connected, Gas
  • Water Source: County Water

Condo/Co-op/Association

  • Community Features: Street Lights
  • Association Fee: 385
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: Cambridge Oaks HOA
  • Phone: 651-262-4206
  • ResoAssociationFeeFrequency: Annually
  • Association Email: cambridgeoakshoa@gmail.com

Association/Amenities

  • Association Annual Expense: 385.00

Schools

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

Lot Info

  • Lot Size Area: 0.92
  • Lot Size Units: Acres
  • Parcel Number: 071-53-027
  • ResoLotSizeUnits: Acres
  • Zoning Specification: AM6

MLS Schools

  • Elementary School: Antioch
  • High School: Weddington

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2024
Closed on
Jul 11, 2024
Sold by
Rasmussen Christine M and Rasmussen Michael
Bought by
Cortese Nicolas and Cortese Chelsi
Seller's Agent
Katy Bradfield
Corcoran HM Properties
Buyer's Agent
Andy Thomas
United Real Estate-Queen City
List Price
$1,000,000
Sold Price
$1,000,000
Views
8
Current Estimated Value
$1,006,269

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,269
Avg. Annual Appreciation
-0.12%
Original Mortgage
$750,000
Interest Rate
7.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2015
Sold by
Thompson John M and Thompson Joanne E
Bought by
Rasmussen Christine M and Rasmussen Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$403,665
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 5, 2006
Sold by
Sylvester James Russell and Sylvester Barbara L
Bought by
Thompson John M and Thompson Joanne E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 7, 2004
Sold by
Old Republic National Title Insurance Co
Bought by
Sylvester James Russell and Sylvester Barbara L

Purchase Details

Closed on
Mar 5, 2004
Sold by
Taylor Barry Ray and Taylor Vicki Y
Bought by
Old Republic National Title Insurance Co

Purchase Details

Closed on
Feb 26, 1998
Sold by
Griffin Contracting & Consulting Inc
Bought by
Taylor Barry Ray and Taylor Vicki Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.86%
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
Cortese Nicolas $1,000,000 None Listed On Document
Rasmussen Christine M $475,000 Investors Title
Thompson John M $505,000 None Available
Sylvester James Russell $405,000 --
Old Republic National Title Insurance Co $405,000 --
Taylor Barry Ray $350,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cortese Nicolas $742,500
Closed Cortese Nicolas $750,000
Previous Owner Rasmussen Christine M $370,000
Previous Owner Rasmussen Christine M $403,665
Previous Owner Thompson John M $260,000
Previous Owner Thompson John M $332,300
Previous Owner Thompson John M $351,000
Previous Owner Thompson John M $352,000
Previous Owner Thompson John M $350,000
Previous Owner Sylvester James R $225,000
Previous Owner Taylor Barry Ray $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2024 07/16/24 Sold $1,000,000 0.0% $268 / Sq Ft
06/12/2024 06/12/24 For Sale $1,000,000 -- $268 / 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 $3,482 $492,900 $75,000 $417,900
2023 $3,120 $492,900 $75,000 $417,900
2022 $3,135 $492,900 $75,000 $417,900
2021 $3,135 $492,900 $75,000 $417,900
2020 $3,025 $413,900 $68,000 $345,900
2019 $3,240 $413,900 $68,000 $345,900
2018 $3,025 $413,900 $68,000 $345,900
2017 $3,233 $413,900 $68,000 $345,900
2016 $3,388 $413,900 $68,000 $345,900
2015 $3,214 $413,900 $68,000 $345,900
2014 -- $448,510 $70,000 $378,510
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4149292

Canopy MLS (Canopy Realtor® Association)

APN: 07-153-027