NOT LISTED FOR SALE

6101 Palomino Ridge Matthews, NC 28104

Estimated Value: $775,000 - $1,048,000

4 Beds
2.5 Baths
4,034 Sq Ft
$227/Sq Ft Est. Value

Last Sold May 22, 2019

Last sale price $520,000 $129 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $5,480/month

4 Days on Market

Highlights

  • Waterfront
  • Open Floorplan
  • Wooded Lot
  • Antioch Elementary School Rated A
  • Pond
  • Traditional Architecture

About This Home

As of May 2019

Adventure and luxury await! This 2.5 story lake front home is perfect for entertaining and outdoor adventures. Rare opportunity to own an over 4,000 sq of open floor plan living in the established and picturesque Providence Woods South community. Minutes from Waverly, Ballantyne and I-485. Large kitchen with stainless appliances, beautiful granite and tile back splash. Kitchen opens to a bay window overlooking the lake and private back yard. Living room opens to an over 1550 sq ft deck for your outdoor fun. Upstairs you will find a spacious, luxury master suite with upgraded tiled master bath and a sitting/nursery/office attached. 3 additional bedrooms and a large bonus room complete the 2nd floor. Finally, another spacious bonus room on the top level. Perfect home to spread out in and enjoy life. Top rated Weddington Schools. New roof. 15+ acre community park. Lake has been used for family fun such as canoeing and fishing.

Last Agent to Sell the Property

Tanya Carlson

IT Realty, LLC License #243946 Listed on: 04/16/2019

Last Buyer's Agent

Sandra VanDercook

ERA Live Moore License #105707

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1986

Lot Details

  • Waterfront
  • Wooded Lot
  • Many Trees

HOA Fees

  • $27 Monthly HOA Fees

Parking

  • 2

Home Design

  • Traditional Architecture

Interior Spaces

  • Open Floorplan
  • Fireplace
  • Insulated Windows
  • Wood Flooring
  • Crawl Space

Outdoor Features

  • Pond
  • Shed

Listing and Financial Details

  • Assessor Parcel Number 06-120-153

Community Details

Recreation

  • Recreation Facilities
  • Community Playground

Home Details

Home Type

Single Family

Year Built

Built in 1986

Lot Details

0

HOA Fees

$27 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2.5 Story
  • Architectural Style: Traditional
  • Ratio Close Price By List Price: 1.04021
  • Ratio Close Price By Original Li: 1.04021
  • Ratio Current Price By Acre: 339869.28
  • Ratio Current Price By Sq Ft: 128.90
  • Year Built: 1986
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space
  • Upper Level Sq Ft: 1824
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 4
  • Doors and Windows: Insulated Windows
  • Equipment: Cable Prewire, Ceiling Fan(s), Cooktop Electric, Dishwasher, Ice Maker Connection
  • Fireplace Description: FAMILYRM
  • Fireplace: Yes
  • Flooring: Carpet, Wood
  • Interior Amenities: Open Floorplan
  • Laundry Location: Main
  • Room Count: 3
  • Sq Ft Additional: 1553
  • Main Level Sq Ft: 1598
  • Third Level Sq Ft: 612
  • Total Sq Ft: 4034
  • Sq Ft Unheated Main: 590
  • Sq Ft Unheated Total: 590

Exterior Features

  • Construction: Brick Partial
  • Construction Type: Site Built
  • Exterior Features: Shed(s)

Garage/Parking

  • Driveway: Concrete
  • Parking: Garage - 2 Car, Side Load Garage

Utilities

  • Heating: Central Air, Heat Pump - Heat
  • Sewer: City Sewer
  • Water: Well Installed
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Playground, Pond, Recreation Area
  • Association Fee: 319.00
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Antioch
  • Middle School: Weddington
  • High School: Weddington

Lot Info

  • Lot Dimension: 128x574x125x560
  • Lot Features: Lake Access, Lake, Trees, Views, Water view, Waterfront, Wooded
  • Lot Size Area: 1.530
  • Parcel Number: 06-120-153
  • Zoning Specification: R40

Tax Info

  • Tax Value: 413200.00
  • Tax Location: Weddington

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2019
Closed on
May 21, 2019
Sold by
Snow Jason Kendall and Snow Alica A
Bought by
Drosky Jason and Drosky Shannon
Seller's Agent
Tanya Carlson
IT Realty, LLC
Buyer's Agent
Sandra VanDercook
ERA Live Moore
List Price
$499,900
Sold Price
$520,000
Premium/Discount to List
$20,100
4.02%
Total Days on Market
4
Current Estimated Value
$917,462

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$397,462
Avg. Annual Appreciation
11.16%
Original Mortgage
$468,000
Outstanding Balance
$417,394
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$569,760

Purchase Details

Closed on
May 11, 2011
Sold by
Paragon Relocation Resources Inc
Bought by
Snow Jason Kendall and Snow Alica A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$298,400
Interest Rate
4.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 12, 2010
Sold by
Free Daren and Free Mary Ellen
Bought by
Paragon Relocation Resources Inc

Purchase Details

Closed on
Jan 18, 2002
Sold by
Rollo L Daniel and Rollo Ann Elizabeth
Bought by
Free Daren and Free Mary Ellen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,425
Interest Rate
6.85%
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
Drosky Jason $520,000 None Available
Snow Jason Kendall $373,000 None Available
Paragon Relocation Resources Inc $373,000 None Available
Free Daren $321,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Drosky Jason $249,000
Open Drosky Jason $468,000
Previous Owner Snow Jason Kendall $250,000
Previous Owner Snow Jason Kendall $298,400
Previous Owner Free Daren $396,500
Previous Owner Free Daren $417,000
Previous Owner Free Daren $413,000
Previous Owner Free Daren C $68,000
Previous Owner Free Daren $305,425
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2019 05/22/19 Sold $520,000 +4.0% $129 / Sq Ft
04/20/2019 04/20/19 Pending -- -- --
04/16/2019 04/16/19 For Sale $499,900 -- $124 / 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 $3,870 $552,400 $97,400 $455,000
2023 $3,497 $552,400 $97,400 $455,000
2022 $3,513 $552,400 $97,400 $455,000
2021 $3,513 $552,400 $97,400 $455,000
2020 $3,020 $413,170 $83,470 $329,700
2019 $3,235 $413,170 $83,470 $329,700
2018 $0 $413,170 $83,470 $329,700
2017 $3,227 $413,200 $83,500 $329,700
2016 $3,167 $413,170 $83,470 $329,700
2015 $3,208 $413,170 $83,470 $329,700
2014 $2,877 $417,640 $128,550 $289,090
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3495593

Canopy MLS (Canopy Realtor® Association)

APN: 06-120-153