NOT LISTED FOR SALE

5612 Falkland Ln Matthews, NC 28104

Estimated Value: $439,000 - $465,000

4 Beds
2.5 Baths
2,334 Sq Ft
$192/Sq Ft Est. Value

Last Sold September 30, 2019

Last sale price $271,000 $116 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $2,552/month

36 Days on Market

Highlights

  • Open Floorplan
  • Private Lot
  • Traditional Architecture
  • Indian Trail Elementary School Rated A
  • Pond
  • Recreation Facilities

About This Home

As of September 2019

Welcome to this Gorgeous and Spacious home! Four bedrooms, 2 and 1/2 baths. Back on the market, due to buyer's financing falling through. Tucked away, from the hustle and bustle...yet conveniently located near everything! This home has tons of upgrades, including new Luxury Vinyl Plank flooring, fresh paint throughout, Granite Countertops, newer appliances, updated lighting, patio and walkway extensions, and fenced yard. Sought after Union County Schools! Located minutes from restaurants, shopping, Hwy 74 and Interstate 485.

Last Agent to Sell the Property

Karyl Jones

ERA Live Moore License #100994 Listed on: 07/24/2019

ERA Live Moore

Co-Listed By

Mike Jones

Coldwell Banker Realty License #116484

Last Buyer's Agent

Adrien Savariego

Realty ONE Group Select License #307575

Realty ONE Group Select

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2012

Lot Details

  • Private Lot
  • Corner Lot

HOA Fees

  • $33 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • Open Floorplan
  • Tray Ceiling
  • Vinyl Plank Flooring
  • Storm Doors
  • Breakfast Bar

Bedrooms and Bathrooms

  • Walk-In Closet
  • Garden Bath

Additional Features

  • Pond
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 07-135-249

Community Details

Overview

  • Community Association Management Association, Phone Number (704) 565-5009
  • Built by Pinnacle Homes

Recreation

  • Recreation Facilities
  • Community Playground
  • Trails

Home Details

Home Type

Single Family

Year Built

Built in 2012

Lot Details

0

HOA Fees

$33 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Architectural Style: Traditional
  • Ratio Close Price By List Price: 0.98545
  • Ratio Close Price By Original Li: 0.96099
  • Ratio Current Price By Acre: 1505555.56
  • Ratio Current Price By Sq Ft: 116.11
  • Year Built: 2012
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 1357
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 4
  • Doors and Windows: Storm Door(s)
  • Equipment: Ceiling Fan(s), Cable Prewire, Disposal, Dishwasher, Electric Range, Exhaust Fan, Electric Oven
  • Fixture Exception Description: Washer and Dryer do not convey.
  • Fixture Exception Yn: Yes
  • Flooring: Vinyl Plank
  • H O A Management Phone: 704-565-5009
  • Interior Amenities: Breakfast Bar, Cable Available, Garden Tub, Open Floorplan, Tray Ceiling, Walk-In Closet(s)
  • Laundry Location: Upper
  • Room Count: 2
  • Main Level Sq Ft: 977
  • Total Sq Ft: 2334
  • Sq Ft Unheated Main: 400
  • Sq Ft Unheated Total: 400

Exterior Features

  • Construction: Brick Partial, Vinyl
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard
  • Publically Maintained Road: Yes

Garage/Parking

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

Utilities

  • Heating: Central Air
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Natural Gas

Condo/Co-op/Association

  • Community Features: Playground, Pond, Recreation Area, Sidewalk, Street Lights, Walking Trails
  • Association Fee: 100.00
  • Association Fee Frequency: Quarterly
  • HOA Management Company: Community Association Management
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Indian Trail
  • Middle School: Sun Valley
  • High School: Sun Valley

Lot Info

  • Lot Dimension: 7841
  • Lot Features: Corner Lot, Private
  • Lot Size Area: 0.180
  • Parcel Number: 07-135-249
  • Zoning Specification: Res

Building Info

  • Builder Name: Pinnacle Homes

Tax Info

  • Tax Value: 208500.00
  • Tax Location: Union

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2019
Closed on
Sep 25, 2019
Sold by
Ballaron Jacqueline A and Ballaron William F
Bought by
Martin Matthew Louis and Martin Lauren Elizabeth
Seller's Agent
Karyl Jones
ERA Live Moore
Buyer's Agent
Adrien Savariego
Realty ONE Group Select
List Price
$282,000
Sold Price
$271,000
Premium/Discount to List
-$11,000
-3.9%
Current Estimated Value
$448,461

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$177,461
Avg. Annual Appreciation
8.68%
Original Mortgage
$208,000
Outstanding Balance
$182,590
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$265,871

Purchase Details

Closed on
Dec 14, 2012
Sold by
Pinnacle Homes Usa Llc
Bought by
Gonzalez Jacqueline A and Ballaron William F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,768
Interest Rate
3.37%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 21, 2010
Sold by
Oreo Corp
Bought by
B & C Land Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,705
Interest Rate
4.38%
Mortgage Type
Unknown

Purchase Details

Closed on
May 27, 2010
Sold by
Atreus Communities Group Of Charlotte In
Bought by
Oreo Corp
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
Martin Matthew Louis $275,000 None Available
Gonzalez Jacqueline A $159,000 None Available
B & C Land Holdings Llc $80,000 None Available
Oreo Corp $2,205,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martin Matthew Louis $208,000
Previous Owner Gonzalez Jacqueline A $155,768
Previous Owner B & C Land Holdings Llc $81,705
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2019 09/30/19 Sold $271,000 -1.5% $116 / Sq Ft
08/30/2019 08/30/19 Pending -- -- --
08/29/2019 08/29/19 Price Changed $275,000 -1.4% $118 / Sq Ft
08/23/2019 08/23/19 Price Changed $279,000 -1.1% $120 / Sq Ft
08/22/2019 08/22/19 For Sale $282,000 0.0% $121 / Sq Ft
07/31/2019 07/31/19 Pending -- -- --
07/24/2019 07/24/19 For Sale $282,000 -- $121 / 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 $1,778 $277,100 $53,000 $224,100
2023 $1,762 $277,100 $53,000 $224,100
2022 $1,762 $277,100 $53,000 $224,100
2021 $1,760 $277,100 $53,000 $224,100
2020 $1,638 $208,500 $35,000 $173,500
2019 $1,629 $208,500 $35,000 $173,500
2018 $1,629 $208,500 $35,000 $173,500
2017 $1,733 $208,500 $35,000 $173,500
2016 $1,703 $208,500 $35,000 $173,500
2015 $1,725 $208,500 $35,000 $173,500
2014 $283 $212,850 $40,000 $172,850
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3418702

Canopy MLS (Canopy Realtor® Association)

APN: 07-135-249