NOT LISTED FOR SALE

518 Clearbrook Rd Matthews, NC 28105

Estimated Value: $542,000 - $636,000

4 Beds
2.5 Baths
2,416 Sq Ft
$238/Sq Ft Est. Value

Last Sold November 06, 2017

Last sale price $288,000 $119 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $3,439/month

23 Days on Market

Highlights

  • Open Floorplan
  • Private Lot
  • Engineered Wood Flooring
  • Crestdale Middle School Rated A-
  • Transitional Architecture
  • 3-minute walk to Fountain Rock Park

About This Home

As of November 2017

Well maintained home w/lots of upgrades! Walk to Downtown Matthews, shopping & schools! ;quick & easy access to I-485, Hwy 74, Uptown Charlotte & 4 Mile Creek Greenway! Gourmet kitchen & large family room overlooks beautiful landscaped yard w/ woods behind! Spacious master suite w/wood floors and master bath w/separate tub/shower, tile floors & granite counters; dining, living. foyer & 2 secondary BR's w/wood floors; huge patio & fenced yard!

Last Agent to Sell the Property

Ray McDougal

Briley Burris Realty License #55512 Listed on: 09/08/2017

Last Buyer's Agent

William Humphrey

City Lights Homes of The Carolinas LLC License #294864

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1996

Lot Details

  • Private Lot
  • Irrigation

HOA Fees

  • $11 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Transitional Architecture
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • Open Floorplan
  • Gas Log Fireplace
  • Insulated Windows

Flooring

  • Engineered Wood
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • Walk-In Closet

Additional Features

  • Shed
  • Cable TV Available

Community Details

  • Community Assoc. Mgmt. Association, Phone Number (704) 565-5009

Listing and Financial Details

  • Assessor Parcel Number 227-215-67

Home Details

Home Type

Single Family

Year Built

Built in 1996

Lot Details

0

HOA Fees

$11 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Architectural Style: Transitional
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.99345
  • Ratio Close Price By Original Li: 0.96970
  • Ratio Current Price By Acre: 1116279.07
  • Ratio Current Price By Sq Ft: 119.21
  • Year Built: 1996
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 1320
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 4
  • Doors and Windows: Insulated Windows
  • Equipment: Ceiling Fan(s), CO Detector, Cable Prewire, Disposal, Dishwasher, Electric Dryer Hookup, Electric Range, Ice Maker Connection, Microwave, Refrigerator, Self Cleaning Oven, Electric Oven
  • Fireplace Description: Gas Logs, Great Room
  • Fireplace: Yes
  • Flooring: Carpet, Laminate Wood, Prefinished Wood, Tile, Vinyl
  • H O A Management Phone: 704-565-5009
  • Interior Amenities: Cable Available, Open Floorplan, Pantry, Walk-In Closet(s)
  • Laundry Location: Upper, Laundry Room
  • Room Count: 2
  • Main Level Sq Ft: 1096
  • Total Sq Ft: 2416
  • Sq Ft Unheated Main: 389
  • Sq Ft Unheated Total: 389

Exterior Features

  • Construction: Brick Partial, Vinyl
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard, In-Ground Irrigation, Shed(s)
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Garage - 2 Car, Keypad Entry

Utilities

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

Condo/Co-op/Association

  • Association Fee: 135.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Community Assoc. Mgmt.
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Matthews
  • Middle School: Crestdale
  • High School: Butler

Lot Info

  • Lot Dimension: 75x152x73x153
  • Lot Features: Private
  • Lot Size Area: 0.258
  • Parcel Number: 227-215-67
  • Plat Reference Section Pages: 936
  • Zoning: Residential
  • Zoning Specification: R15CL

Tax Info

  • Tax Value: 193400.00
  • Tax Location: Charlotte

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2017
Closed on
Nov 6, 2017
Sold by
Albanese Joseph E and Albanese Mary E
Bought by
Sorgel Robert H and Sorgel Sonya M
Seller's Agent
Ray McDougal
Briley Burris Realty
Buyer's Agent
William Humphrey
City Lights Homes of The Carolinas LLC
List Price
$297,000
Sold Price
$288,000
Premium/Discount to List
-$9,000
-3.03%
Total Days on Market
23
Current Estimated Value
$558,132

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$270,132
Avg. Annual Appreciation
9.51%
Original Mortgage
$230,400
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 21, 1999
Sold by
Ian Murdoch Michael and Ian Lynne M
Bought by
Albanese Joseph E and Albanese Mary E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,450
Interest Rate
6.87%

Purchase Details

Closed on
Nov 21, 1997
Sold by
Pulte Home Corp
Bought by
Murdoch Michael Ian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,740
Interest Rate
7.27%
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
Sorgel Robert H $288,000 None Available
Albanese Joseph E $170,000 --
Murdoch Michael Ian $163,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sorgel Sonya M $35,000
Open Sorgel Robert H $261,800
Closed Sorgel Robert H $230,400
Previous Owner Albanese Joseph E $67,000
Previous Owner Wiles Mitch W $166,448
Previous Owner Wiles Mitch W $15,900
Previous Owner Albanese Mary E $32,500
Previous Owner Albanese Joseph E $15,000
Previous Owner Albanese Joseph E $155,450
Previous Owner Murdoch Michael Ian $154,740
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2017 11/06/17 Sold $288,000 -3.0% $119 / Sq Ft
10/01/2017 10/01/17 Pending -- -- --
09/08/2017 09/08/17 For Sale $297,000 -- $123 / 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
2023 $3,689 $485,500 $100,000 $385,500
2022 $2,571 $277,600 $55,000 $222,600
2021 $2,571 $277,600 $55,000 $222,600
2020 $2,529 $277,600 $55,000 $222,600
2019 $2,523 $277,600 $55,000 $222,600
2018 $2,306 $193,400 $52,300 $141,100
2017 $2,259 $193,400 $52,300 $141,100
2016 $2,256 $193,400 $52,300 $141,100
2015 $2,252 $193,400 $52,300 $141,100
2014 $2,196 $192,500 $52,300 $140,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3318589

Canopy MLS (Canopy Realtor® Association)

APN: 227-215-67