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1200 Millbank Drive

1200 Millbank Drive, Matthews, NC 28104
House in Union
Sold Dec 13, 2018
$312,500
$262,022 by Quicken Loans Llc
Mortgage Due Aug 01, 2035
Sold Sep 16, 2016
$248,000
1200 Millbank Drive in Matthews, NC was first built in 2005 and is 19 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a conventional style. There are a total of 2 floors. There are a total of 7 rooms in the home, of which, 5 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 1200 Millbank Drive has 3,062 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 6,011 square feet.

Learn more about the property and building on this page. There is a open porch. The home has a hip style roof. For those who need parking, there is a attached garage. The garage is 420 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C+. The condition of the building has been evaluated as average. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a forced air unit. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter 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, 1200 Millbank Drive sold most recently in Dec 13, 2018 for a total of $312,500. If you work out the math, that's approximately a cost of $102.06 per sqft. Before that, the property was also sold for $248,000 in Sep 16, 2016. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $3,110 in taxes each year. 1200 Millbank Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $370,300. If we break it down further, the land itself was valued at $62,000. Improvements to the property, however, were assessed at a total of $308,300. 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: 2005
  • Effective Year Built: 2005
  • Total Rooms: 7
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C+
  • Construction Type: Wood
  • Building Style: Conventional
  • Roof Shape Type: Hip
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 420
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 6,011
  • Total Building Area: 3,062
  • Building Area: 3,062
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 3,062
  • 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: #145 CALLONWOOD PH5 OPC

Ownership

  • Current Owner : DRINKARD BRENDA
  • Current Owner 2: DRINKARD JAMES
  • Previous Owner : CORSI LLC
  • Owner Before Previous Owner: THE BANK OF NEW YORK MELLON
  • 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: 07-144-775
  • Municipality: VANCE TWP
  • Latitude: 35.0785
  • Longitude: -80.7079

    Address

  • Full Address: 1200 Millbank Dr
  • Address - House Number: 1200
  • Address - Street Name: Millbank
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Matthews
  • Carrier Code: R051
  • 4-Digit Zip Code: 6848
  • Zip Code: 28104

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,110
  • Tax Rate Code Area: 720

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 80
  • Final Value: 558,349
  • High Value: 646,524
  • Low Value: 470,173

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $262,022
  • First Open Lien Mortgage Lender: QUICKEN LOANS LLC
  • First Open Lien Mortgage Recording Date: Jul 16, 2020
  • First Open Lien Mortgage Loan Amount: $262,022
  • 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: Aug 01, 2035

    Market Valuation

  • Market Total Value: $370,300
  • Market Land Value: $62,000
  • Market Improvement Value: $308,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $370,300
  • Assessed Land Value: $62,000
  • Assessed Improvements Value: $308,300

    Sales

  • Current Sale Contract Date: Dec 13, 2018
  • Current Sale Recording Date: Dec 13, 2018
  • Current Sale Transaction ID: 11545720652
  • Current Sale Price: $312,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 0034202
  • Previous Sale Recording Date: Sep 16, 2016
  • Previous Sale Contract Date: Sep 16, 2016
  • Previous Sale Amount: $248,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: QUICKEN LOANS INC
  • First Mortgage Transaction Date: Dec 13, 2018
  • First Mortgage Loan Amount: $250,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Jan 01, 2049

About Stallings



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Frequently Asked Questions

What neighborhood is 1200 Millbank Drive located in?
The 1200 Millbank Drive is a house located in the neighborhood of Union in Stallings, Matthews.
What is the average sales price for listings in 1200 Millbank Drive?
The average sales price for units in 1200 Millbank Drive is $0 currently.

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