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3703 Margaret Wallace Road

3703 Margaret Wallace Road, Matthews, NC 28105
House in Marshbrooke
Sold Oct 21, 2020
$276,000
Sold Oct 26, 2016
$219,000
$197,100 by American Security Mortgage Cor
Mortgage Due Nov 01, 2046
Local assessors in Matthews, NC have categorized 3703 Margaret Wallace Road as a residential type of property. The home was built in 1964 and is 60 years old. The property's lot size has been calculated to be 18,731 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 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 3703 Margaret Wallace Road has a total of 2,085 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 garage for those who need a place to park their vehicle. The garage on the property is 483 sqft. Do you like to entertain? The home has a patio so you'll have a great option in the back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. 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. Lots of brick 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 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, 3703 Margaret Wallace Road sold most recently in Oct 21, 2020 for a total of $276,000. If you work out the math, that's approximately a cost of $132.37 per sqft. Before that, the property was also sold for $219,000 in Oct 26, 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 $1,989 in taxes each year. 3703 Margaret Wallace Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $336,800. If we break it down further, the land itself was valued at $60,000. Improvements to the property, however, were assessed at a total of $276,800. The property's total market value has been marked the same as the total assessed value which is pretty typical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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.

Building Features

Exterior

Brick Exterior

Parking

Attached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1964
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Unknown
  • Exterior Walls Type: Brick
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 483
  • Parking Space Count: 0
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 18,731
  • Total Building Area: 2,085
  • Gross Building Area: 2,085
  • Building Area: 2,085
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,085
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GORDEN LEWIS PROP MAP 01
  • Land Acres: 0.43
  • Standard Land Use Code: Single family residential
  • Legal Description 1: L3 M38-925

Ownership

  • Current Owner : ERDMAN NGA DO
  • Previous Owner : SARKI SEK
  • Previous Owner 2: SARKI BUDHA MAYA
  • Owner Before Previous Owner: INYACHKINA LUDMILA
  • Owner Before Previous Owner 2: VALENTI MILLA NATELLA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Revocable Living Trust

Neighborhood

  • School District Name: Charlotte-Mecklenburg Schools
  • School Tax School District: CHARLOTTE
  • Census Tract: 005716

Zoning

  • Zoning: R-4

Geography

  • Assessors Map Reference: 193-41
  • District: 1
  • Parcel: 193-411-73
  • Block: 1
  • Lot: 3
  • Municipality: CHARLOTTE
  • Latitude: 35.1633
  • Longitude: -80.7161

    Address

  • Full Address: 3703 Margaret Wallace Rd
  • Address - House Number: 3703
  • Address - Street Name: Margaret Wallace
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Matthews
  • Carrier Code: R016
  • 4-Digit Zip Code: 4423
  • Zip Code: 28105

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,989
  • Tax Rate Code Area: CITY OF CH

    Appraisal Valuation

  • Standard Deviation: 0.1845
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 75
  • Final Value: 388,101
  • High Value: 459,726
  • Low Value: 316,475

    Market Valuation

  • Market Total Value: $336,800
  • Market Land Value: $60,000
  • Market Improvement Value: $276,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $336,800
  • Assessed Land Value: $60,000
  • Assessed Improvements Value: $276,800

    Sales

  • Current Sale Contract Date: Oct 21, 2020
  • Current Sale Recording Date: Oct 21, 2020
  • Current Sale Transaction ID: 11808041475
  • Current Sale Price: $276,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020174711
  • Previous Sale Recording Date: Oct 26, 2016
  • Previous Sale Contract Date: Oct 26, 2016
  • Previous Sale Amount: $219,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: AMERICAN SECURITY MORTGAGE COR
  • Previous Mortgage Transaction Date: Oct 26, 2016
  • Previous Mortgage Loan Amount: $197,100
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 01, 2046

About Marshbrooke



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Nearby Rentals

Unit for rent at

$2,470 /mo

  • 4 Beds
  • 2 Baths
  • 2,319 ft²
Listing by Manager

Frequently Asked Questions

What neighborhood is 3703 Margaret Wallace Road located in?
The 3703 Margaret Wallace Road is a house located in the neighborhood of Marshbrooke in Marshbrooke, Matthews.
What is the average sales price for listings in 3703 Margaret Wallace Road?
The average sales price for units in 3703 Margaret Wallace Road is $0 currently.

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