NOT LISTED FOR SALE

7331 Potter Rd Matthews, NC 28104

Estimated Value: $492,000 - $578,000

3 Beds
2.5 Baths
2,222 Sq Ft
$247/Sq Ft Est. Value

Last Sold December 05, 2017

Last sale price $242,000 $109 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $2,932/month

92 Days on Market

Highlights

  • Vaulted Ceiling
  • Ranch Style House
  • Attached Garage
  • Antioch Elementary School Rated A
  • Fireplace
  • Kitchen Island

About This Home

As of December 2017

Well-maintained 3 bedroom, 2.5 bath ranch in Wellington Place! Great room boasts vaulted ceiling, wood-burning fireplace and an abundance of natural light. Formal dining room with floor to ceiling windows. Spacious kitchen features kitchen island, built-in desk and breakfast area. Bonus room or office above garage. Private and serene backyard perfect for entertaining. No HOA.

Last Agent to Sell the Property

Jay White

Keller Williams Ballantyne Area License #246190 Listed on: 07/20/2017

Keller Williams Ballantyne Area

Co-Listed By

Marc White

Keller Williams Ballantyne Area License #237131

Last Buyer's Agent

Karen Van Buskirk

Red Oak Real Estate and Management LLC License #246191

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1987

Lot Details

  • 1

Parking

  • Attached Garage

Home Design

  • Ranch Style House
  • Slab Foundation

Interior Spaces

  • Vaulted Ceiling
  • Fireplace
  • Kitchen Island

Flooring

  • Carpet
  • Laminate
  • Vinyl

Listing and Financial Details

  • Assessor Parcel Number 07-138-170

Home Details

Home Type

Single Family

Year Built

Built in 1987

Lot Details

0

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story/F.R.O.G.
  • Architectural Style: Ranch
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.96800
  • Ratio Close Price By Original Li: 0.89663
  • Ratio Current Price By Acre: 242000.00
  • Ratio Current Price By Sq Ft: 108.91
  • Year Built: 1987
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 209
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Equipment: Cable Prewire, Ceiling Fan(s), Cooktop Electric, Dishwasher, Disposal, Dryer, Microwave, Exhaust Hood, Surround Sound, Wall Oven
  • Fireplace Description: Great Room
  • Fireplace: Yes
  • Flooring: Carpet, Laminate Wood, Vinyl
  • Interior Amenities: Kitchen Island, Pantry, Vaulted Ceiling
  • Laundry Location: Laundry Room
  • Room Count: 2
  • Main Level Sq Ft: 2013
  • Total Sq Ft: 2222
  • Sq Ft Unheated Main: 452
  • Sq Ft Unheated Total: 452

Exterior Features

  • Construction: Hardboard Siding
  • Construction Type: Site Built
  • Publically Maintained Road: Yes

Garage/Parking

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

Utilities

  • Heating: Central Air, Heat Pump - Heat
  • Sewer: Septic Tank
  • Water: City Water
  • Water Heater: Electric

Lot Info

  • Parcel Number: 07-138-170
  • Zoning Specification: AM6

Tax Info

  • Tax Value: 238400.00
  • Tax Location: Matthews

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2017
Closed on
Dec 1, 2017
Sold by
Wallace Alexander R and Wallace Linda J
Bought by
Rummel Karen W
Seller's Agent
Jay White
Keller Williams Ballantyne Area
Buyer's Agent
Karen Van Buskirk
Red Oak Real Estate and Management LLC
List Price
$269,900
Sold Price
$242,000
Premium/Discount to List
-$27,900
-10.34%
Current Estimated Value
$530,613

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$288,613
Avg. Annual Appreciation
10.57%
Original Mortgage
$233,923
Outstanding Balance
$195,237
Interest Rate
3.88%
Mortgage Type
FHA
Estimated Equity
$352,640
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Rummel Karen W $242,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rummel Karen W $233,923
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/05/2017 12/05/17 Sold $242,000 -10.3% $109 / Sq Ft
10/20/2017 10/20/17 Pending -- -- --
07/20/2017 07/20/17 For Sale $269,900 -- $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
2025 $2,218 $444,000 $0 $0
2024 $2,568 $353,000 $69,100 $283,900
2023 $2,234 $353,000 $69,100 $283,900
2022 $2,245 $353,000 $69,100 $283,900
2021 $2,245 $353,000 $69,100 $283,900
2020 $1,742 $238,390 $55,490 $182,900
2019 $1,866 $238,390 $55,490 $182,900
2018 $1,742 $238,390 $55,490 $182,900
2017 $1,862 $238,400 $55,500 $182,900
2016 $1,951 $238,390 $55,490 $182,900
2015 $1,851 $238,390 $55,490 $182,900
2014 $1,905 $271,390 $67,130 $204,260
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3299919

Canopy MLS (Canopy Realtor® Association)

APN: 07-138-170