NOT LISTED FOR SALE

8702 Castle Cliff Dr Matthews, NC 28105

Estimated Value: $392,908 - $402,000

3 Beds
2.5 Baths
1,685 Sq Ft
$236/Sq Ft Est. Value

Last Sold June 26, 2020

Last sale price $236,000 $140 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $2,344/month

2 Days on Market

Highlights

  • Open Floorplan
  • Fireplace
  • Walk-In Closet
  • Transitional Architecture
  • Attached Garage
  • Breakfast Bar

About This Home

As of June 2020

Check out this Matthews stunner at a hard to find price point!!! Small community that is conveniently located near shopping, dining & entertainment options as well as easy access to 485 & Independence Blvd. From the moment you arrive you are greeted w/ the rocking chair front porch. Step inside to a wide foyer w/ dining room to the right & family room straight ahead. The dining room connects to the kitchen & features crown & wainscot moldings. The kitchen has recessed lighting, great cabinet & counter space w/ breakfast bar plus a brand new dishwasher. The family room is the heart of the home w/ nice natural light while overlooking the rear yard. Resilient vinyl plank floors throughout main level. Upstairs you'll find the spacious owner's retreat w/ vaulted ceiling, walk-in closet & ensuite bath. Two nice size bedrooms & a shared bath complete the 2nd level. The back yard will not disappoint...HUGE & completely usable! This home won't last long! **MULTIPLE OFFERS - see agent remarks**

Last Agent to Sell the Property

Kristi Vernon

Keller Williams Lake Norman License #223665 Listed on: 05/29/2020

Keller Williams Lake Norman

Last Buyer's Agent

Penny Teeter

Penny Teeter Realty LLC License #99525

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2003

Lot Details

  • Level Lot

HOA Fees

  • $20 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Transitional Architecture
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • Open Floorplan
  • Fireplace
  • Vinyl Plank Flooring
  • Breakfast Bar

Bedrooms and Bathrooms

  • Walk-In Closet

Listing and Financial Details

  • Assessor Parcel Number 215-123-27

Community Details

Overview

  • Castle Cliff HOA

Recreation

  • Community Playground

Home Details

Home Type

Single Family

Year Built

Built in 2003

Lot Details

0

HOA Fees

$20 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Architectural Style: Transitional
  • Construction Status: Complete
  • Ratio Close Price By List Price: 1.04889
  • Ratio Close Price By Original Li: 1.04889
  • Ratio Current Price By Acre: 911196.91
  • Ratio Current Price By Sq Ft: 140.06
  • Year Built: 2003
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 877
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Equipment: Cable Prewire, Ceiling Fan(s), Dishwasher, Disposal, Electric Oven, Electric Range, Microwave, Refrigerator
  • Fireplace Description: FAMILYRM
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl Plank
  • Interior Amenities: Breakfast Bar, Open Floorplan, Pantry, Vaulted Ceiling, Walk-In Closet(s)
  • Laundry Location: Main
  • Room Count: 2
  • Main Level Sq Ft: 808
  • Total Sq Ft: 1685

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Garage - 2 Car, Parking Space - 4+

Utilities

  • Heating: Central Air, Gas Hot Air Furnace
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Community Features: Playground
  • Association Fee: 235.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Castle Cliff HOA
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Bain
  • Middle School: Mint Hill
  • High School: Butler

Lot Info

  • Lot Dimension: 0.259
  • Lot Features: Level
  • Lot Size Area: 0.259
  • Parcel Number: 215-123-27
  • Zoning Specification: R15

Tax Info

  • Tax Value: 211800.00
  • Tax Location: Matthews

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2020
Closed on
Jun 26, 2020
Sold by
Lerch Brett J and Lerch Bethany
Bought by
Teeter Melissa Ann
Seller's Agent
Kristi Vernon
Keller Williams Lake Norman
Buyer's Agent
Penny Teeter
Penny Teeter Realty LLC
List Price
$225,000
Sold Price
$236,000
Premium/Discount to List
$11,000
4.89%
Current Estimated Value
$398,227

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,227
Avg. Annual Appreciation
10.48%
Original Mortgage
$231,725
Outstanding Balance
$205,860
Interest Rate
3.2%
Mortgage Type
FHA
Estimated Equity
$192,367

Purchase Details

Closed on
May 27, 2011
Sold by
Deutsche Bank Trust Company Americas
Bought by
Lerch Brett J and Lerch Bethany

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,343
Interest Rate
4.62%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 13, 2010
Sold by
Mcnanie John C and Mcnanie Susan
Bought by
Deutsche Bank Trust Company Americas

Purchase Details

Closed on
Aug 29, 2005
Sold by
The Dublin Building Group Ltd
Bought by
Mcnanie John C and Mcnanie Susan
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
Teeter Melissa Ann $236,000 None Available
Lerch Brett J $124,500 Chicago Title Insurance Co
Deutsche Bank Trust Company Americas $126,375 None Available
Mcnanie John C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Teeter Melissa Ann $231,725
Previous Owner Lerch Brett J $121,343
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2020 06/26/20 Sold $236,000 +4.9% $140 / Sq Ft
06/01/2020 06/01/20 Pending -- -- --
05/29/2020 05/29/20 For Sale $225,000 -- $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
2025 $2,554 $334,100 $68,000 $266,100
2024 $2,554 $334,100 $68,000 $266,100
2023 $2,516 $334,100 $68,000 $266,100
2022 $1,971 $211,800 $55,000 $156,800
2021 $1,971 $211,800 $55,000 $156,800
2020 $1,939 $211,800 $55,000 $156,800
2019 $1,933 $211,800 $55,000 $156,800
2018 $1,934 $161,800 $35,000 $126,800
2017 $1,894 $161,800 $35,000 $126,800
2016 $1,890 $161,800 $35,000 $126,800
2015 $1,887 $161,800 $35,000 $126,800
2014 $1,849 $161,800 $35,000 $126,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3624218

Canopy MLS (Canopy Realtor® Association)

APN: 215-123-27