NOT LISTED FOR SALE

5100 Potter Rd Matthews, NC 28104

Estimated Value: $236,867 - $262,000

2 Beds
1 Bath
809 Sq Ft
$311/Sq Ft Est. Value

Last Sold July 22, 2022

Last sale price $320,000 $396 Per Sq Ft

Est. 21% decrease in value since last sale

Current estimated payment $1,479/month

5 Days on Market

Highlights

  • Wooded Lot
  • Ranch Style House
  • Corner Lot
  • Indian Trail Elementary School Rated A
  • Wood Flooring
  • Laundry Room

About This Home

As of July 2022

Multiple Offers - Highest and Best by 4:00 PM Today, Monday - July 11th

5100 Potter Rd - Corner Lot. Highest and best use is vacant Land 2.20 Acres. Small Ranch home built in 1945 is in fair condition and presently Tenant occupied.

Last Agent to Sell the Property

Lori Beth Johnson

Crosstree Realty License #181909 Listed on: 07/06/2022

Last Buyer's Agent

Tyler Mundy

Mundy Real Estate, LLC License #315056

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $884

Year Built

  • Built in 1948

Lot Details

  • Corner Lot
  • Level Lot
  • Wooded Lot
  • Zoning described as SFR-3

Parking

  • Driveway

Home Design

  • Ranch Style House
  • Composition Roof
  • Aluminum Siding

Interior Spaces

  • 809 Sq Ft Home
  • Crawl Space
  • Electric Range
  • Laundry Room

Flooring

  • Wood
  • Linoleum

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Heating
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 07-144-001

Home Details

Home Type

Single Family

Est. Annual Taxes

$884

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Year Built: 1948
  • Ratio Current Price By Acre: 145454.55
  • Restrictions: None
  • Road Surface Type: Gravel
  • Structure Type: One Story
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: No
  • Flooring: Linoleum, Wood
  • Fixture Exception Yn: 0
  • Sq Ft Additional: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 809
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Porch: Covered,Side
  • Appliances: Electric Range, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 809
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Half Bathrooms: 0

Exterior Features

  • New Construction: No
  • Roof: Composition
  • Tax Location: Matthews
  • Construction Type: Site Built
  • Construction Type: Aluminum Siding

Garage/Parking

  • Main Level Garage YN: 0
  • Sq Ft Garage: 0
  • Parking Features: Driveway

Utilities

  • Heating: Central, Gas Hot Air Furnace
  • Sewer: Public Sewer
  • Water Heater: Natural Gas
  • Laundry Features: Main Level
  • Water Source: Public

Schools

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

Lot Info

  • Lot Features: Corner Lot, Level, Wooded
  • Lot Size Area: 2.2
  • Lot Size Units: Acres
  • Parcel Number: 07-144-001
  • Zoning Description: SFR-3

Tax Info

  • RATIO List Price By Tax Amount: 1.86910

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 1, 2024
Sold by
Stallings Rental Llc
Bought by
Mundy Real Estate Llc
Total Days on Market
5
Current Estimated Value
$251,217

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Outstanding Balance
$162,874
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$88,343

Purchase Details

Closed on
Oct 5, 2023
Sold by
Dilworth Residence Llc
Bought by
Mundy Real Estate Llc

Purchase Details

Listed on
Jul 6, 2022
Closed on
Jul 22, 2022
Sold by
Duncan Sherin Shirley and Duncan David
Bought by
Dilworth Residence Llc
Seller's Agent
Lori Beth Johnson
Crosstree Realty
Buyer's Agent
Tyler Mundy
Mundy Real Estate, LLC
List Price
$297,000
Sold Price
$320,000
Premium/Discount to List
$23,000
7.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-8.03%
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
Mundy Real Estate Llc $241,500 None Listed On Document
Mundy Real Estate Llc -- None Listed On Document
Dilworth Residence Llc $320,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mundy Real Estate Llc $164,000
Previous Owner Duncan Mary Bell $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2022 07/22/22 Sold $320,000 +7.7% $396 / Sq Ft
07/12/2022 07/12/22 Pending -- -- --
07/06/2022 07/06/22 For Sale $297,000 -- $367 / 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 $884 $95,300 $17,700 $77,600
2023 $1,373 $158,900 $82,000 $76,900
2022 $1,352 $158,900 $82,000 $76,900
2021 $1,351 $158,900 $82,000 $76,900
2020 $814 $77,100 $34,800 $42,300
2019 $814 $77,100 $34,800 $42,300
2018 $0 $77,100 $34,800 $42,300
2017 $853 $77,100 $34,800 $42,300
2016 $842 $77,100 $34,800 $42,300
2015 $850 $77,100 $34,800 $42,300
2014 $826 $116,740 $91,700 $25,040
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3878791

Canopy MLS (Canopy Realtor® Association)

APN: 07-144-001