NOT LISTED FOR SALE

6716 Potter Rd Matthews, NC 28104

Estimated Value: $290,000 - $596,000

5 Beds
4 Baths
2,352 Sq Ft
$163/Sq Ft Est. Value

Last Sold March 20, 2017

Last sale price $295,000 $125 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $2,238/month

21 Days on Market

Highlights

  • Wood Flooring
  • Cottage
  • Level Lot
  • Antioch Elementary School Rated A
  • Shed

About This Home

As of March 2017

Fantastic opportunity. 4+ acres in a prime location, two income properties sold as package (6716 Potter Rd also included in sale). Specification/details listed may be for one or both homes. 6716 Potter Rd. has a driveway easement to the 6720 home. Both homes share one water meter. The front home is a mid century bungalow that has been fully refurbished and in great condition. The rear home is a manufactured doublewide built 1999 with brick underpinning and in a beautiful- quiet setting.

Last Agent to Sell the Property

Jack McGaha

Incline Realty LLC License #209437 Listed on: 02/09/2017

Last Buyer's Agent

Carie Clark

Realty One Group Revolution License #288177

Realty One Group Revolution

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 4.2

Parking

  • Gravel Driveway

Home Design

  • Cottage
  • Vinyl Siding

Interior Spaces

  • 4 Full Bathrooms
  • Insulated Windows
  • Crawl Space

Flooring

  • Wood
  • Vinyl

Additional Features

  • Shed
  • Level Lot
  • Heating System Uses Propane

Listing and Financial Details

  • Tenant pays for all except water
  • Rent includes water
  • Assessor Parcel Number 07-150-003

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Architectural Style: Cottage
  • Ratio Close Price By List Price: 0.98366
  • Ratio Close Price By Original Li: 0.93681
  • Ratio Current Price By Acre: 70238.10
  • Ratio Current Price By Sq Ft: 125.43
  • Year Built: 1960
  • Property Features: Garden Tub
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Doors and Windows: Insulated Windows
  • Equipment: Ceiling Fan(s), Dishwasher, Electric Dryer Hookup, Microwave, Refrigerator
  • Flooring: Carpet, Vinyl, Wood
  • Laundry Location: Main, Closet
  • Total Sq Ft: 2352

Exterior Features

  • Construction: Vinyl
  • Exterior Features: Shed(s)

Garage/Parking

  • Driveway: Gravel
  • Parking: Driveway

Utilities

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

Schools

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

Lot Info

  • Lot Dimension: Two parcels
  • Lot Features: Level
  • Lot Size Area: 4.200
  • Parcel Number: 07-150-003
  • Zoning Specification: AE7

Rental Info

  • Rent Includes: Water
  • Tenant Pays: All except water

Tax Info

  • Tax Value: 236360.00
  • Tax Location: Union

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2017
Closed on
Mar 20, 2017
Sold by
Merrill Sandra
Bought by
Potter Row Rentals Llc
Seller's Agent
Jack McGaha
Incline Realty LLC
Buyer's Agent
Carie Clark
Realty One Group Revolution
List Price
$314,900
Sold Price
$295,000
Premium/Discount to List
-$19,900
-6.32%
Current Estimated Value
$392,262

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,262
Avg. Annual Appreciation
3.35%

Purchase Details

Closed on
Apr 10, 2007
Sold by
Mayhew Crystal Dawn
Bought by
Merrill Sandra

Purchase Details

Closed on
Feb 20, 2003
Sold by
Mayhew Hilda J and Mayhew Robert L
Bought by
Mayhew Crystal Dawn

Purchase Details

Closed on
May 7, 1999
Sold by
Maynew Hilda J and Mayhew Robert L
Bought by
Mayhew Hilda J and Mayhew Robert L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,915
Interest Rate
6.94%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 8, 1998
Sold by
Jordon Betty S
Bought by
Mayhew Hilda Jordon
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
Potter Row Rentals Llc $295,000 None Available
Merrill Sandra $140,000 None Available
Mayhew Crystal Dawn -- --
Mayhew Hilda J -- --
Mayhew Hilda Jordon -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mayhew Crystal Dawn $80,473
Previous Owner Mayhew Hilda J $15,825
Previous Owner Mayhew Crystal Dawn $60,000
Previous Owner Mayhew Crystal D $42,000
Previous Owner Mayhew Robert $62,915
Previous Owner Mayhew Robert L $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2017 03/20/17 Sold $295,000 -6.3% $125 / Sq Ft
03/02/2017 03/02/17 Pending -- -- --
02/09/2017 02/09/17 For Sale $314,900 -- $134 / 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 $869 $135,500 $83,500 $52,000
2023 $862 $135,500 $83,500 $52,000
2022 $862 $135,500 $83,500 $52,000
2021 $861 $135,500 $83,500 $52,000
2020 $912 $116,100 $83,000 $33,100
2019 $907 $116,100 $83,000 $33,100
2018 $907 $116,100 $83,000 $33,100
2017 $965 $116,100 $83,000 $33,100
2016 $948 $116,100 $83,000 $33,100
2015 $961 $116,100 $83,000 $33,100
2014 $745 $105,320 $87,000 $18,320
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3250059

Canopy MLS (Canopy Realtor® Association)

APN: 07-150-003