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1641 Chestnut Lane

1641 Chestnut Lane, Matthews, NC 28104
Commercial in Union
1 Units For Sale
Unit for sale at 1641 Chestnut Lane, Matthews, NC 28104

$1,000,000

  • Commercial
1641 Chestnut Lane #12, Matthews, NC 28104 Listing by Keith Hensel

1641 Chestnut Lane in Matthews, NC was first built in 1987 and is 37 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 contemporary style. There are a total of 2 floors. There are a total of 8 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 1641 Chestnut Lane has 2,917 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 98,707 square feet.

Learn more about the property and building on this page. The roof of the home is made of composition shingle. Water for the property is sourced from a well system. The property is not connected to a municipal sewage system. Instead, it is connected to a septic system which you will need to handle on your own. For those who need parking, there is a attached garage. The garage is 456 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. The exterior walls of the home are made of wood siding. 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Current property owners are expected to pay $3,138 in taxes per year. The property on 1641 Chestnut Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $374,500. To break that down further, the land itself was valued at $83,700. While improvements to the property were assessed at a total of $290,800. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!

This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20200223
02/23/2020
Loft
-
-
$997,900
bedrooms
Loft
bathrooms
-
-
-
-
Gloria Horne
Engel & Volkers South Charlotte

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C+
  • Construction Type: Wood
  • Building Style: Contemporary
  • Exterior Walls Type: Wood siding
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 456
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 98,707
  • Total Building Area: 2,917
  • Gross Building Area: 3,373
  • Building Area: 2,917
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,917
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Subdivision: D CLYDE SIMPSON PROPERTY
  • Land Acres: 2.266
  • Standard Land Use Code: Single family residential
  • Legal Description 1: #1 SIMPSON OPCB104A

Ownership

  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Union County Public Schools
  • Census Tract: 020315

Zoning

  • Zoning: SF-1 INDIA

Geography

  • District: 7
  • Parcel: 07-147-131D
  • Municipality: VANCE TWP
  • Latitude: 35.0677
  • Longitude: -80.7055

    Address

  • Full Address: 1641 Chestnut Ln
  • Address - House Number: 1641
  • Address - Street Name: Chestnut
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Matthews
  • Carrier Code: R029
  • 4-Digit Zip Code: 6772
  • Zip Code: 28104

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,138
  • Tax Rate Code Area: 620

    Appraisal Valuation

  • Standard Deviation: 0.0718
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 95
  • Final Value: 937,337
  • High Value: 1,004,646
  • Low Value: 870,027

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $414,000
  • First Open Lien Mortgage Lender: BONTERRA MORTGAGE SERVICES INC
  • First Open Lien Mortgage Recording Date: May 14, 2007
  • First Open Lien Mortgage Loan Amount: $322,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Unknown (DEFAULT)
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2037
  • Second Open Lien Mortgage Lender: BONTERRA MORTGAGE SERVICES INC
  • Second Open Lien Mortgage Recording Date: May 14, 2007
  • Second Open Lien Mortgage Loan Amount: $92,000
  • 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: $374,500
  • Market Land Value: $83,700
  • Market Improvement Value: $290,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $374,500
  • Assessed Land Value: $83,700
  • Assessed Improvements Value: $290,800

About Indian Trail



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Frequently Asked Questions

What neighborhood is 1641 Chestnut Lane located in?
The 1641 Chestnut Lane is a commercial located in the neighborhood of Union in Indian Trail, Matthews.
How many listings are currently for sale in 1641 Chestnut Lane?
This is a single-family home. The property is currently on the market for sale.
What is the average sales price for listings in 1641 Chestnut Lane?
The average sales price for units in 1641 Chestnut Lane is $1,000,000 currently.

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