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109 Valley Ranch Lane

109 Valley Ranch Lane, Matthews, NC 28104
House in Union
Sold Feb 06, 2020
$550,000
$510,000 by Wells Fargo Bank Na
Mortgage Due Mar 01, 2050
Sold Oct 23, 2019
$184,000
109 Valley Ranch Lane has been categorized by the local assessors in Matthews, NC as a residential type of property. The building on the property was first built in 1991 and is 33 years old. The home has a total of 8 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 109 Valley Ranch Lane has 3,750 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 40,075 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a colonial style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 650 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a open porch. Love to swim? You'll be excited to find out that there is a pool on the property. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of A- by the local assessor. The roof of the building is made of composition shingle. The exterior walls of the building are made of brick. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a well system. The property is connected to a septic system and not a municipal sewage system. The homeowner of this property will need to handle their own water disposal. The property was last sold in Jan 28, 2020 for $550,000. That's $146.67 per sqft. Prior to that sales transaction, the property was also sold in Oct 23, 2019 for $184,000. 109 Valley Ranch Lane was last assessed in 2023. The total value of the property was assessed at $550,000. Specifically, the land the property is located on was valued at $93,100. While improvements on the property were assessed at a total of $456,900. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $3,482. The initial tax year of delinquency was in 2018. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Brick Venner Exterior
Brick Exterior

Driveway

Driveway

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1991
  • Effective Year Built: 1991
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: A-
  • Construction Type: Wood
  • Building Style: Colonial
  • Exterior Walls Type: Brick
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 650
  • Parking Space Count: 2
  • Porch Type: Open porch
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 40,075
  • Total Building Area: 3,750
  • Gross Building Area: 4,400
  • Building Area: 3,750
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 3,750
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Subdivision: VALLEY RANCH ESTATES
  • Land Acres: 0.92
  • Standard Land Use Code: Rural/agricultural residence
  • Legal Description 1: #3 VALLEY RANCH PH1 OPCC7

Ownership

  • Current Owner : CONNOR CARA FAYE O
  • Current Owner 2: MATTHEWS MICHAEL JOEY
  • Previous Owner : CAPITAL VISIONS LTD
  • Owner Before Previous Owner: PATCH BRANSEN L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Union County Public Schools
  • Census Tract: 021021

Zoning

  • Zoning: R-40 WEDDI

Geography

  • District: 6
  • Parcel: 06-069-162
  • Municipality: SANDY RIDGE TWP
  • Latitude: 35.012
  • Longitude: -80.7119

    Address

  • Full Address: 109 Valley Ranch Ln
  • Address - House Number: 109
  • Address - Street Name: Valley Ranch
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Matthews
  • Carrier Code: R047
  • 4-Digit Zip Code: 7770
  • Zip Code: 28104

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,482
  • Intital Tax Deliquent Year: 2018
  • Tax Rate Code Area: 826

    Appraisal Valuation

  • Standard Deviation: 0.1556
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 80
  • Final Value: 855,872
  • High Value: 989,127
  • Low Value: 722,618

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $620,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Feb 06, 2020
  • First Open Lien Mortgage Loan Amount: $510,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2050
  • Second Open Lien Mortgage Lender: FIRST NATIONAL BANK OF PENNSYL
  • Second Open Lien Mortgage Recording Date: Jun 21, 2022
  • Second Open Lien Mortgage Loan Amount: $110,000
  • Second Open Lien Mortgage Term: 180
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: May 30, 2037

    Market Valuation

  • Market Total Value: $550,000
  • Market Land Value: $93,100
  • Market Improvement Value: $456,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $550,000
  • Assessed Land Value: $93,100
  • Assessed Improvements Value: $456,900

    Sales

  • Current Sale Contract Date: Jan 28, 2020
  • Current Sale Recording Date: Feb 06, 2020
  • Current Sale Transaction ID: 11725388297
  • Current Sale Price: $550,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 0004149
  • Previous Sale Recording Date: Oct 23, 2019
  • Previous Sale Contract Date: Oct 23, 2019
  • Previous Sale Amount: $184,000
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Feb 06, 2020
  • First Mortgage Loan Amount: $510,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2050

About Weddington



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Nearby Rentals

Unit for rent at 3151 Twelve Mile Creek Road, Matthews, NC, 28104

$2,700 /mo

  • 4 Beds
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  • 1,966 ft²
3151 Twelve Mile Creek Road, Matthews, NC, 28104 Listing by Maricela Cabrera

Frequently Asked Questions

What neighborhood is 109 Valley Ranch Lane located in?
The 109 Valley Ranch Lane is a house located in the neighborhood of Union in Weddington, Matthews.
What is the average sales price for listings in 109 Valley Ranch Lane?
The average sales price for units in 109 Valley Ranch Lane is $0 currently.

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