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1140 Millbank Drive

1140 Millbank Drive, Matthews, NC 28104
House in Union
Sold Sep 10, 2020
$312,500
$212,500 by Truist Bank
Mortgage Due Oct 01, 2035
Sold Mar 14, 2018
$273,500
Local assessors in Matthews, NC have categorized 1140 Millbank Drive as a residential type of property. The home was built in 2005 and is 19 years old. The property's lot size has been calculated to be 6,011 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1140 Millbank Drive has a total of 2,060 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 416 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C+. The building has a gable style roof. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1140 Millbank Drive was last sold in Sep 9, 2020 for $312,500. According to our calculations, that's $151.70 per sqft. Prior to that sales transaction, the property was sold for $273,500 in Mar 14, 2018. Current property owners are expected to pay $2,638 in taxes per year. The property on 1140 Millbank Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $312,800. To break that down further, the land itself was valued at $62,000. While improvements to the property were assessed at a total of $250,800. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. 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. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Vinyl Siding

Driveway

Driveway

Parking

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

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C+
  • Construction Type: Wood
  • Building Style: Conventional
  • Roof Shape Type: Gable
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 416
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 6,011
  • Total Building Area: 2,060
  • Building Area: 2,060
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,060
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CALLONWOOD
  • Land Acres: 0.138
  • Standard Land Use Code: Rural/agricultural residence
  • Legal Description 1: #146 CALLONWOOD PH5 OPCI1

Ownership

  • Current Owner : CARRIER DAVID B
  • Current Owner 2: CARRIER JULIE
  • Previous Owner : JAMES AND SUZANNE FELTON LIVING TRUST
  • Owner Before Previous Owner: BELFER SHARI R
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Union County Public Schools
  • Census Tract: 020314

Zoning

  • Zoning: MR STALLIN

Geography

  • District: 7
  • Parcel: 07-144-776
  • Municipality: VANCE TWP
  • Latitude: 35.0787
  • Longitude: -80.7078

    Address

  • Full Address: 1140 Millbank Dr
  • Address - House Number: 1140
  • Address - Street Name: Millbank
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Matthews
  • Carrier Code: R051
  • 4-Digit Zip Code: 6847
  • Zip Code: 28104

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,638
  • Tax Rate Code Area: 720

    Appraisal Valuation

  • Standard Deviation: 0.1497
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 81
  • Final Value: 479,290
  • High Value: 551,078
  • Low Value: 407,502

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $212,500
  • First Open Lien Mortgage Lender: TRUIST BANK
  • First Open Lien Mortgage Recording Date: Sep 10, 2020
  • First Open Lien Mortgage Loan Amount: $212,500
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2035

    Market Valuation

  • Market Total Value: $312,800
  • Market Land Value: $62,000
  • Market Improvement Value: $250,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $312,800
  • Assessed Land Value: $62,000
  • Assessed Improvements Value: $250,800

    Sales

  • Current Sale Contract Date: Sep 09, 2020
  • Current Sale Recording Date: Sep 10, 2020
  • Current Sale Transaction ID: 11787653655
  • Current Sale Price: $312,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 35759
  • Previous Sale Recording Date: Mar 14, 2018
  • Previous Sale Contract Date: Mar 14, 2018
  • Previous Sale Amount: $273,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: TRUIST BANK
  • First Mortgage Transaction Date: Sep 10, 2020
  • First Mortgage Loan Amount: $212,500
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2035

About Stallings



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Frequently Asked Questions

What neighborhood is 1140 Millbank Drive located in?
The 1140 Millbank Drive is a house located in the neighborhood of Union in Stallings, Matthews.
What is the average sales price for listings in 1140 Millbank Drive?
The average sales price for units in 1140 Millbank Drive is $0 currently.

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