NOT LISTED FOR SALE

542 Stanhope Ln Matthews, NC 28105

Estimated Value: $514,667 - $553,000

4 Beds
2.5 Baths
2,174 Sq Ft
$246/Sq Ft Est. Value

Last Sold October 25, 2018

Last sale price $305,000 $140 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $3,254/month

34 Days on Market

Highlights

  • Cathedral Ceiling
  • Fireplace
  • Walk-In Closet
  • Elizabeth Lane Elementary Rated A-
  • Attached Garage
  • Shed

About This Home

As of October 2018

Beautiful 2-story home with 2 car attached garage situated on a large fenced lot in desirable Somersby. This home has it all! Interior perks include a bright sunny kitchen with new electric range/oven, a large breakfast area and formal dining room, 3 bedrooms plus additional bonus room or 4th bedroom, new carpet upstairs, great laminate flooring downstairs, fresh paint thru-out and storage galore. Venture outside and you will find an expansive backyard, freshly painted deck and spacious storage building. All of this AND an unbeatable location...walking distance to Elizabeth Lane Elementary and Providence High, short drive to town of Matthews, Arboretum and SouthPark, not to mention a convenient commute to Uptown. You will LOVE the amazing natural light in every room, french doors leading to the large deck and the cozy wood fireplace in the living room for chilly winter nights. Comfort, convenience, on .68 acres...Don't miss making this home yours!

Last Agent to Sell the Property

Abby Baker

ProStead Realty License #249849 Listed on: 08/17/2018

ProStead Realty

Last Buyer's Agent

Jim Fagan

Keller Williams South Park License #195817

Keller Williams South Park

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1995

Lot Details

  • 0.68

Parking

  • Attached Garage

Interior Spaces

  • Cathedral Ceiling
  • Fireplace
  • Window Treatments
  • Crawl Space
  • Pull Down Stairs to Attic

Flooring

  • Laminate
  • Vinyl Plank

Bedrooms and Bathrooms

  • Walk-In Closet
  • Garden Bath

Outdoor Features

  • Shed

Listing and Financial Details

  • Assessor Parcel Number 227-282-01

Home Details

Home Type

Single Family

Year Built

Built in 1995

Lot Details

0

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Construction Status: Complete
  • Ratio Close Price By List Price: 1.02007
  • Ratio Close Price By Original Li: 0.96825
  • Ratio Current Price By Acre: 448529.41
  • Ratio Current Price By Sq Ft: 140.29
  • Year Built: 1995
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space
  • Upper Level Sq Ft: 1230
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 4
  • Equipment: Ceiling Fan(s), Cable Prewire, Dryer, Dishwasher, Electric Range, Gas Dryer Hookup, Microwave, Refrigerator, Washer, Electric Oven
  • Fireplace Description: Living Room
  • Fireplace: Yes
  • Flooring: Carpet, Laminate Wood, Vinyl Plank
  • Interior Amenities: Attic Stairs Pulldown, Cathedral Ceiling(s), Garden Tub, Walk-In Closet(s), Window Treatments
  • Laundry Location: Main
  • Room Count: 2
  • Main Level Sq Ft: 944
  • Total Sq Ft: 2174
  • Sq Ft Unheated Main: 486
  • Sq Ft Unheated Total: 486

Exterior Features

  • Construction: Hardboard Siding, Wood
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard, Shed(s)

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Garage - 2 Car, Garage Door Opener

Utilities

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

Schools

  • Elementary School: Elizabeth Lane
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Lot Dimension: 76X284X14X162X216
  • Lot Size Area: 0.680
  • Parcel Number: 227-282-01
  • Zoning Specification: R15

Tax Info

  • Tax Value: 183300.00
  • Tax Location: Mecklenburg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2018
Closed on
Oct 25, 2018
Sold by
Flanagan Robert P and Flanagan Jerilyn Nicole
Bought by
Fulton John P and Fulton Callie J
Seller's Agent
Abby Baker
ProStead Realty
Buyer's Agent
Jim Fagan
Keller Williams South Park
List Price
$315,000
Sold Price
$305,000
Premium/Discount to List
-$10,000
-3.17%
Total Days on Market
34
Current Estimated Value
$534,417

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$229,417
Avg. Annual Appreciation
8.84%
Original Mortgage
$274,500
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 25, 2004
Sold by
Gibbons Lawrence F and Gibbons Janet D
Bought by
Flanagan Robert P and Flanagan Jerilyn Nicole

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,600
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage
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
Fulton John P $305,000 Integrated Title Ins Service
Flanagan Robert P $197,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fulton John P $277,000
Closed Fulton John P $274,500
Previous Owner Flanagan Robert P $139,850
Previous Owner Flanagan Robert P $157,600
Previous Owner Gibbons Lawrence F $44,600
Previous Owner Gibbons Lawrence F $17,000
Previous Owner Gibbons Lawrence F $135,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2018 10/25/18 Sold $305,000 +2.0% $140 / Sq Ft
09/21/2018 09/21/18 Pending -- -- --
09/19/2018 09/19/18 Price Changed $299,000 -5.1% $138 / Sq Ft
08/17/2018 08/17/18 For Sale $315,000 -- $145 / 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 $3,192 $419,200 $104,500 $314,700
2022 $2,840 $307,100 $85,000 $222,100
2021 $2,840 $307,100 $85,000 $222,100
2020 $2,797 $307,500 $85,000 $222,500
2019 $2,791 $307,500 $85,000 $222,500
2018 $2,187 $183,300 $52,300 $131,000
2017 $2,142 $183,300 $52,300 $131,000
2016 $2,139 $183,300 $52,300 $131,000
2015 $2,135 $183,300 $52,300 $131,000
2014 $2,179 $191,000 $52,300 $138,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3424426

Canopy MLS (Canopy Realtor® Association)

APN: 227-282-01