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1528 Golden Rain Drive

1528 Golden Rain Drive, Matthews, NC 28104
Property in Union
Sold Apr 30, 2010
$250,000
$245,471 by Branch Banking And Trust Co
Mortgage Due May 01, 2040
Sold Aug 18, 2003
$250,000
$200,000 by Cornerstone Mortgage Co
Mortgage Due Sep 01, 2033
Local assessors in Matthews, NC have categorized 1528 Golden Rain Drive as a residential type of property. The home was built in 2002 and is 22 years old. The property's lot size has been calculated to be 23,914 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 6 rooms in the home. Of these, 4 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 1528 Golden Rain Drive has a total of 2,820 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 504 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 that was made of composition shingle. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 1528 Golden Rain Drive sold most recently in Nov 29, 2007 for a total of $250,000. If you work out the math, that's approximately a cost of $88.65 per sqft. Before that, the property was also sold for $250,000 in Aug 14, 2003. That means the value of the property has remained about the same! Tax-wise, the current owner is expected to pay close to $2,330 in taxes each year. 1528 Golden Rain Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $364,900. If we break it down further, the land itself was valued at $76,500. Improvements to the property, however, were assessed at a total of $288,400. The property's total market value has been marked the same as the total assessed value which is pretty typical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 2002
  • Effective Year Built: 2002
  • Total Rooms: 6
  • Bedroom Count: 4
  • 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
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 504
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 23,914
  • Total Building Area: 2,820
  • Gross Building Area: 3,324
  • Building Area: 2,820
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,820
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LINDENWOOD
  • Land Acres: 0.549
  • Standard Land Use Code: Rural/agricultural residence
  • Legal Description 1: #51 LINDENWOOD PH1/MP2

Ownership

  • Current Owner : THORNBURG HOWARD KEVIN
  • Current Owner 2: THORNBURG JANNIFER R
  • Previous Owner : PALMER BART A
  • Previous Owner 2: PALMER SUZANNE M
  • Owner Before Previous Owner: THE RYLAND GROUP INC
  • 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: 06-045-065
  • Lot: 51
  • Municipality: SANDY RIDGE TWP
  • Latitude: 35.004
  • Longitude: -80.6908

    Address

  • Full Address: 1528 Golden Rain Dr
  • Address - House Number: 1528
  • Address - Street Name: Golden Rain
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Matthews
  • Carrier Code: R002
  • 4-Digit Zip Code: 6215
  • Zip Code: 28104

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,330
  • Tax Rate Code Area: 976

    Appraisal Valuation

  • Standard Deviation: 0.1497
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 81
  • Final Value: 619,921
  • High Value: 712,773
  • Low Value: 527,070

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $320,471
  • First Open Lien Mortgage Lender: BRANCH BANKING AND TRUST CO
  • First Open Lien Mortgage Recording Date: Apr 30, 2010
  • First Open Lien Mortgage Loan Amount: $245,471
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: May 01, 2040
  • Second Open Lien Mortgage Lender: BRANCH BANKING AND TRUST CO
  • Second Open Lien Mortgage Recording Date: Jan 13, 2020
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $75,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Market Valuation

  • Market Total Value: $364,900
  • Market Land Value: $76,500
  • Market Improvement Value: $288,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $364,900
  • Assessed Land Value: $76,500
  • Assessed Improvements Value: $288,400

    Sales

  • Current Sale Contract Date: Nov 29, 2007
  • Current Sale Recording Date: Apr 30, 2010
  • Current Sale Transaction ID: 1140548517
  • Current Sale Price: $250,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 0010414
  • Previous Sale Recording Date: Aug 18, 2003
  • Previous Sale Contract Date: Aug 14, 2003
  • Previous Sale Amount: $250,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BRANCH BANKING AND TRUST CO
  • First Mortgage Transaction Date: Apr 30, 2010
  • First Mortgage Loan Amount: $245,471
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: May 01, 2040

    Previous Mortgages

  • Previous Mortgage Lender: CORNERSTONE MORTGAGE CO
  • Previous Mortgage Transaction Date: Aug 18, 2003
  • Previous Mortgage Loan Amount: $200,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Sep 01, 2033

About Wesley Chapel



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Frequently Asked Questions

What neighborhood is 1528 Golden Rain Drive located in?
The 1528 Golden Rain Drive is a located in the neighborhood of Union in Wesley Chapel, Matthews.
What is the average sales price for listings in 1528 Golden Rain Drive?
The average sales price for units in 1528 Golden Rain Drive is $0 currently.

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