NOT LISTED FOR SALE

5722 Matthews Mint Hill Rd Mint Hill, NC 28227

Estimated Value: $562,000 - $1,067,000

4 Beds
4 Baths
3,485 Sq Ft
$219/Sq Ft Est. Value

Last Sold July 29, 2015

Last sale price $245,000 $70 Per Sq Ft

Est. 212% increase in value since last sale

Current estimated payment $4,328/month

17 Days on Market

Highlights

  • Traditional Architecture
  • Shed
  • Tile Flooring
  • Corner Lot

About This Home

As of July 2015

Great Investment Property**Exterior Maintenance free Brick Duplex with Vinyl Trim**New Roof to be Installed**
Gutter Guards & Commercial Downspouts**Kitchen and Breakfast Area with Fireplace**Den with Sliding Glass Door to Shared Sunroom** ach unit has 2 Bedrooms & 2 Bathrooms plus each has a Detached 2 Car Garage**Fenced Yard**Cover porches**Call Agent for all Showings**

Last Agent to Sell the Property

Marcia Herring

Howard Hanna Allen Tate Lake Norman License #229717 Listed on: 06/08/2015

Last Buyer's Agent

Sarah Menzer

NextHome Paramount License #195462

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1979

Lot Details

  • 0.92

Parking

  • 4

Home Design

  • Duplex
  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 4 Full Bathrooms
  • Den with Fireplace
  • Crawl Space

Flooring

  • Carpet
  • Tile
  • Vinyl

Additional Features

  • Shed
  • Corner Lot

Listing and Financial Details

  • Tenant pays for all utilities, electric heat, gas, water
  • Rent includes exterior maintenance, outdoor lighting
  • Assessor Parcel Number 195-221-11

Property Details

Home Type

Multi-Family

Year Built

Built in 1979

Lot Details

0

Parking

4

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Architectural Style: Traditional
  • Ratio Close Price By List Price: 0.98000
  • Ratio Close Price By Original Li: 0.98000
  • Ratio Current Price By Acre: 266304.35
  • Ratio Current Price By Sq Ft: 70.30
  • Year Built: 1979
  • Property Features: Attic Stairs Pulldown
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Equipment: Electric Range, Electric Oven
  • Fireplace Description: Den
  • Fireplace: Yes
  • Flooring: Tile, Vinyl, Carpet
  • Laundry Location: Main
  • Sq Ft Additional: 1467
  • Total Sq Ft: 3485

Exterior Features

  • Construction: Brick Partial, Vinyl
  • Exterior Features: Fenced Yard, Shed(s)

Garage/Parking

  • Driveway: Concrete
  • Parking: Detached Garage, Garage - 4+ Car

Utilities

  • Heating: Central Air, Gas Hot Air Furnace, Heat Pump - AC, Heat Pump - Heat
  • Sewer: Septic Tank
  • Water: County Water
  • Water Heater: Electric

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Lot Dimension: 206x189x220x190
  • Lot Features: Corner Lot
  • Lot Size Area: 0.920
  • Parcel Number: 195-221-11
  • Zoning Specification: R

Rental Info

  • Rent Includes: Exterior Maintenance, Outdoor Lighting
  • Tenant Pays: All Utilities, Electric Heat, Gas, Water

Tax Info

  • Tax Value: 208300.00
  • Tax Location: Mint Hill

Multi Family

  • Unit Count: 2
  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2015
Closed on
Jul 29, 2015
Sold by
Forrest Margie H
Bought by
Holland Eddie C and Holland Jenifer
Seller's Agent
Marcia Herring
Howard Hanna Allen Tate Lake Norman
Buyer's Agent
Sarah Menzer
NextHome Paramount
List Price
$250,000
Sold Price
$245,000
Premium/Discount to List
-$5,000
-2%
Current Estimated Value
$763,482

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$518,482
Avg. Annual Appreciation
11.72%
Original Mortgage
$183,750
Outstanding Balance
$144,910
Interest Rate
4.11%
Mortgage Type
New Conventional
Estimated Equity
$618,572

Purchase Details

Closed on
Aug 11, 1986
Bought by
Forrest Alford C and Forrest Margie H
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Holland Eddie C $245,000 None Available
Forrest Alford C $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Holland Eddie C $183,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/29/2015 07/29/15 Sold $245,000 -2.0% $70 / Sq Ft
06/25/2015 06/25/15 Pending -- -- --
06/08/2015 06/08/15 For Sale $250,000 -- $72 / 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
2025 $3,748 $515,300 $86,600 $428,700
2024 $3,748 $515,300 $86,600 $428,700
2023 $3,686 $515,300 $86,600 $428,700
2022 $2,883 $321,600 $43,400 $278,200
2021 $2,883 $321,600 $43,400 $278,200
2020 $2,883 $321,600 $43,400 $278,200
2019 $2,871 $321,600 $43,400 $278,200
2018 $2,332 $208,300 $34,700 $173,600
2017 $2,310 $208,300 $34,700 $173,600
2016 $2,303 $208,300 $34,700 $173,600
2015 $2,296 $208,300 $34,700 $173,600
2014 $2,701 $246,000 $34,700 $211,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3092233

Canopy MLS (Canopy Realtor® Association)

APN: 195-221-11