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1101 Bonito Court

1101 Bonito Court, Matthews, NC 28104
Property in Union
Sold Jul 28, 2016
$705,000
$528,750 by Wells Fargo Bank Na
Mortgage Due Aug 01, 2046
Sold Aug 25, 2006
$799,500
$639,409 by Americas Wholesale Lender
Mortgage Due Sep 01, 2036
1101 Bonito Court 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 2006 and is 18 years old. The home has a total of 6 rooms. 6 of these rooms are legally considered as bedrooms. Residents will have access to 5 full bathrooms. There are 6 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1101 Bonito Court has 3,609 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 71,090 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional 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 748 sqft. According to our sources, there are a total of 3 available parking spaces. Residents will have the luxury of enjoying a open porch. 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 building has a hip style roof. 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. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1101 Bonito Court sold most recently in Jul 28, 2016 for a total of $705,000. If you work out the math, that's approximately a cost of $195.34 per sqft. Before that, the property was also sold for $799,500 in Aug 24, 2006. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $4,980 in taxes each year. 1101 Bonito Court was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $780,100. If we break it down further, the land itself was valued at $156,300. Improvements to the property, however, were assessed at a total of $623,800. The property's total market value has been marked the same as the total assessed value which is pretty typical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Total Rooms: 6
  • Bedroom Count: 6
  • Bathroom Count: 6
  • Full Bathrooms: 5
  • Partial Bathrooms: 6
  • Building Condition: Average
  • Building Quality: A
  • Construction Type: Wood
  • Building Style: Conventional
  • Roof Shape Type: Hip
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 748
  • Parking Space Count: 3
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 71,090
  • Total Building Area: 3,609
  • Building Area: 3,609
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 3,609
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: QUINTESSA
  • Land Acres: 1.632
  • Standard Land Use Code: Single family residential
  • Legal Description 1: #62 QUINTESSA PH1 OPCI24

Ownership

  • Current Owner : GIBEAUT MICHAEL J
  • Current Owner 2: GIBEAUT SARAH A
  • Previous Owner : FRENCH STEVEN E
  • Previous Owner 2: FRENCH MARY T
  • Owner Before Previous Owner: BONTERRA BUILDERS LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: R-40 WESLE

Geography

  • District: 6
  • Parcel: 06-045-148
  • Municipality: SANDY RIDGE TWP
  • Latitude: 35.0095
  • Longitude: -80.6894

    Address

  • Full Address: 1101 Bonito Ct
  • Address - House Number: 1101
  • Address - Street Name: Bonito
  • Address - Suffix Type: Ct
  • State: NC
  • City Name: Matthews
  • Carrier Code: R002
  • 4-Digit Zip Code: 6261
  • Zip Code: 28104

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,980
  • Tax Rate Code Area: 976

    Appraisal Valuation

  • Standard Deviation: 0.1556
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 80
  • Final Value: 1,247,321
  • High Value: 1,441,523
  • Low Value: 1,053,120

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $528,750
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Jul 28, 2016
  • First Open Lien Mortgage Loan Amount: $528,750
  • 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: Aug 01, 2046

    Market Valuation

  • Market Total Value: $780,100
  • Market Land Value: $156,300
  • Market Improvement Value: $623,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $780,100
  • Assessed Land Value: $156,300
  • Assessed Improvements Value: $623,800

    Sales

  • Current Sale Contract Date: Jul 28, 2016
  • Current Sale Recording Date: Jul 28, 2016
  • Current Sale Transaction ID: 1706385137
  • Current Sale Price: $705,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 0022494
  • Previous Sale Recording Date: Aug 25, 2006
  • Previous Sale Contract Date: Aug 24, 2006
  • Previous Sale Amount: $799,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Jul 28, 2016
  • First Mortgage Loan Amount: $528,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2046

    Previous Mortgages

  • Previous Mortgage Lender: AMERICAS WHOLESALE LENDER
  • Previous Mortgage Transaction Date: Aug 25, 2006
  • Previous Mortgage Loan Amount: $639,409
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Sep 01, 2036

About Wesley Chapel



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Frequently Asked Questions

What neighborhood is 1101 Bonito Court located in?
The 1101 Bonito Court is a located in the neighborhood of Union in Wesley Chapel, Matthews.
What is the average sales price for listings in 1101 Bonito Court?
The average sales price for units in 1101 Bonito Court is $0 currently.

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