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322 Nelson Road

322 Nelson Road, Matthews, NC 28104
House in Union
Sold Apr 23, 2020
$1,200,000
$107,880 by First Citizens Bank & Trust Co
Mortgage Due May 01, 2050
Local assessors in Matthews, NC have categorized 322 Nelson Road as a residential type of property. The home was built in 1999 and is 25 years old. The property's lot size has been calculated to be 91,476 square feet. As for the restroom situation, there are 5 full bathrooms. There are also 5 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 322 Nelson Road has a total of 5,156 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 mixed used garage for those who need a place to park their vehicle. The garage on the property is 1,834 sqft. There are 7 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. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. 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 - A. The building has a roof that is made of composition shingle. Lots of stucco were used in the construction of the exterior walls of the home. 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. The property was last sold in Apr 23, 2020 for $1,200,000. That's $232.74 per sqft. 322 Nelson Road was last assessed in 2023. The total value of the property was assessed at $1,217,800. Specifically, the land the property is located on was valued at $71,000. While improvements on the property were assessed at a total of $1,146,800. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $7,709. 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! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Stone Veneer Exterior
Stucco Exterior
Vinyl Siding

Parking

Carport
Attached Garage
Detached Garage

Driveway

Driveway
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Bedroom Count: 0
  • Bathroom Count: 5
  • Full Bathrooms: 5
  • Partial Bathrooms: 5
  • Building Condition: Average
  • Building Quality: A
  • Construction Type: Wood
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Mixed use
  • Garage Square Area: 1,834
  • Parking Space Count: 7
  • Porch Type: Open porch
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 91,476
  • Total Building Area: 5,156
  • Gross Building Area: 5,990
  • Building Area: 5,156
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 5,156
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WELLINGTON WOODS
  • Land Acres: 2.1
  • Standard Land Use Code: Single family residential
  • Legal Description 1: P/#16A WELLINGTON WOODS I

Ownership

  • Current Owner : RUSSO LOUIS
  • Current Owner 2: RUSSO MICHAEL
  • Previous Owner : BROOKS JAMES R
  • Previous Owner 2: BROOKS SUSAN A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: R-60 WEDDI

Geography

  • District: 7
  • Parcel: 07-138-143
  • Municipality: VANCE TWP
  • Latitude: 35.0432
  • Longitude: -80.6915

    Address

  • Full Address: 322 Nelson Rd
  • Address - House Number: 322
  • Address - Street Name: Nelson
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Matthews
  • Carrier Code: R020
  • 4-Digit Zip Code: 6001
  • Zip Code: 28104

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,709
  • Tax Rate Code Area: 820

    Appraisal Valuation

  • Standard Deviation: 0.1237
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 86
  • Final Value: 1,783,797
  • High Value: 2,004,504
  • Low Value: 1,563,091

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $107,880
  • First Open Lien Mortgage Lender: FIRST CITIZENS BANK & TRUST CO
  • First Open Lien Mortgage Recording Date: Apr 23, 2020
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $107,880
  • 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: May 01, 2050

    Market Valuation

  • Market Total Value: $1,217,800
  • Market Land Value: $71,000
  • Market Improvement Value: $1,146,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,217,800
  • Assessed Land Value: $71,000
  • Assessed Improvements Value: $1,146,800

    Sales

  • Current Sale Contract Date: Apr 23, 2020
  • Current Sale Recording Date: Apr 23, 2020
  • Current Sale Transaction ID: 11757789894
  • Current Sale Price: $1,200,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 13646

    Last Sale Mortgage

  • First Mortgage Lender: FIRST CITIZENS BANK & TRUST CO
  • First Mortgage Transaction Date: Apr 23, 2020
  • First Mortgage Loan Amount: $107,880
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2050

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Weddington



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Frequently Asked Questions

What neighborhood is 322 Nelson Road located in?
The 322 Nelson Road is a house located in the neighborhood of Union in Weddington, Matthews.
What is the average sales price for listings in 322 Nelson Road?
The average sales price for units in 322 Nelson Road is $0 currently.

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