Check Availability

1721 Margaret Ridge Drive

1721 Margaret Ridge Drive, Matthews, NC 28105
Property in Mecklenburg
Sold May 01, 2018
$285,000
$500,000 by Td Bank Na
Mortgage Due Apr 01, 2050
Sold May 01, 2018
$295,000
1721 Margaret Ridge Drive in Matthews, NC was first built in 2018 and is 6 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 4 partial bathrooms. 1721 Margaret Ridge Drive has 4,140 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 28,575 square feet.

Learn more about the property and building on this page. The quality of the control joints have been graded by the local assessor with a letter grade of A. The condition of the building has been evaluated as average. The exterior walls of the home are made of brick. 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 and being fueled with gas. 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, 1721 Margaret Ridge Drive sold most recently in Apr 30, 2018 for a total of $285,000. If you work out the math, that's approximately a cost of $68.84 per sqft. Before that, the property was also sold for $295,000 in Apr 27, 2018. 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 $10,026 in taxes each year. 1721 Margaret Ridge Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,631,400. If we break it down further, the land itself was valued at $325,000. Improvements to the property, however, were assessed at a total of $1,306,400. 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: 2018
  • Effective Year Built: 2018
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Quality: A
  • Exterior Walls Type: Brick
  • Floor Count: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 28,575
  • Total Building Area: 4,140
  • Gross Building Area: 4,140
  • Building Area: 4,140
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 4,140
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: STEVENS GROVE
  • Land Acres: 0.656
  • Standard Land Use Code: Single family residential
  • Legal Description 1: L27 M62-366/367

Ownership

  • Current Owner : PORTAL ANTHONY V
  • Current Owner 2: PORTAL MARGARET
  • Previous Owner : PARAGON HOMES OF CHARLOTTE INC
  • Owner Before Previous Owner: MATTHEWS ARBORFIELD LLC

Neighborhood

  • School District Name: Charlotte-Mecklenburg Schools
  • School Tax School District: MATTHEWS
  • Census Tract: 005832

Geography

  • Assessors Map Reference: BK 227 PG 6
  • District: 5
  • Parcel: 227-065-21
  • Block: 5
  • Lot: 27
  • Municipality: MATTHEWS
  • Latitude: 35.1052
  • Longitude: -80.7619

    Address

  • Full Address: 1721 Margaret Ridge Dr
  • Address - House Number: 1721
  • Address - Street Name: Margaret Ridge
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Matthews
  • Carrier Code: R054
  • 4-Digit Zip Code: 5158
  • Zip Code: 28105

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $10,026

    Appraisal Valuation

  • Standard Deviation: 0.1863
  • Valuation Date: Apr 26, 2023
  • Confidence Score: 75
  • Final Value: 1,146,036
  • High Value: 1,359,652
  • Low Value: 932,419

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $500,000
  • First Open Lien Mortgage Lender: TD BANK NA
  • First Open Lien Mortgage Recording Date: Mar 23, 2020
  • First Open Lien Mortgage Loan Amount: $500,000
  • 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: Apr 01, 2050

    Market Valuation

  • Market Total Value: $1,631,400
  • Market Land Value: $325,000
  • Market Improvement Value: $1,306,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,631,400
  • Assessed Land Value: $325,000
  • Assessed Improvements Value: $1,306,400

    Sales

  • Current Sale Contract Date: Apr 30, 2018
  • Current Sale Recording Date: May 01, 2018
  • Current Sale Transaction ID: 11457034065
  • Current Sale Price: $285,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 2018052516
  • Previous Sale Recording Date: May 01, 2018
  • Previous Sale Contract Date: Apr 27, 2018
  • Previous Sale Amount: $295,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: TD BANK NA
  • First Mortgage Transaction Date: May 01, 2018
  • First Mortgage Loan Amount: $500,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2048

About Matthews



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 6138 Garamond Court, Charlotte, NC, 28270

$2,650 /mo

  • 4 Beds
  • 3.5 Baths
  • 2,122 ft²
6138 Garamond Court, Charlotte, NC, 28270 Listing by Christopher Newbern
Unit for rent at 3817 Manor House Drive, Charlotte, NC, 28270

$2,750 /mo

  • 4 Beds
  • 2.5 Baths
  • 2,620 ft²
3817 Manor House Drive, Charlotte, NC, 28270 Listing by Thomas Tran

Frequently Asked Questions

What neighborhood is 1721 Margaret Ridge Drive located in?
The 1721 Margaret Ridge Drive is a located in the neighborhood of Mecklenburg in Matthews, Matthews.
What is the average sales price for listings in 1721 Margaret Ridge Drive?
The average sales price for units in 1721 Margaret Ridge Drive is $0 currently.

Quantcast