NOT LISTED FOR SALE

10616 Idlewild Rd Matthews, NC 28105

Estimated Value: $398,000 - $678,783

4 Beds
2.5 Baths
2,768 Sq Ft
$200/Sq Ft Est. Value

Last Sold November 13, 2019

Last sale price $235,000 $85 Per Sq Ft

Est. 135% increase in value since last sale

Current estimated payment $3,337/month

9 Days on Market

Highlights

  • Wooded Lot
  • Wood Flooring
  • Fireplace
  • Traditional Architecture

About This Home

As of November 2019

Fabulous Opportunity for this Estate Sale in South Charlotte with a ton of future potential! Large Home sitting on Approx 4 Acres! Great access to Shops, Dining, Highways & Uptown! Walk to Large Public Park & Schools! Several Properties in the Area have been Subdivided showing Awesome Potential for Investors & Developers! Priced Well Below Tax Value and Priced To Sell! Home to convey "AS IS" with no repairs or warranties

Last Agent to Sell the Property

Tommy Williams

The Agency - Charlotte License #192419 Listed on: 10/09/2019

The Agency - Charlotte

Last Buyer's Agent

George Joseph

KJ Realty LLC License #229722

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1961

Lot Details

  • 4

Parking

  • Gravel Driveway

Home Design

  • Traditional Architecture
  • Slab Foundation

Interior Spaces

  • Fireplace

Flooring

  • Wood
  • Tile

Additional Features

  • Wooded Lot
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 193-161-05

Home Details

Home Type

Single Family

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: Split Level
  • Architectural Style: Traditional
  • Ratio Close Price By List Price: 0.90734
  • Ratio Close Price By Original Li: 0.90734
  • Ratio Current Price By Acre: 58750.00
  • Ratio Current Price By Sq Ft: 84.90
  • Year Built: 1961
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 992
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 4
  • Equipment: Cable Prewire, Ceiling Fan(s)
  • Fireplace Description: Living Room
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Laundry Location: Lower
  • Room Count: 3
  • Lower Level Sq Ft: 784
  • Main Level Sq Ft: 992
  • Total Sq Ft: 2768
  • Sq Ft Unheated Main: 335
  • Sq Ft Unheated Total: 335

Exterior Features

  • Construction: Brick Partial, Wood
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard

Garage/Parking

  • Driveway: Gravel
  • Parking: Parking Space - 4+

Utilities

  • Heating: Central Air, Heat Pump - Heat
  • Sewer: Septic Installed
  • Water: Well Installed
  • Water Heater: Electric

Schools

  • Elementary School: Crown Point
  • Middle School: Mint Hill
  • High School: Butler

Lot Info

  • Lot Dimension: 587x438x251x325
  • Lot Features: Wooded
  • Lot Size Area: 4.000
  • Parcel Number: 193-161-05
  • Plat Reference Section Pages: 770
  • Zoning Specification: R15

Tax Info

  • Tax Value: 369100.00
  • Tax Location: Matthews

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2019
Closed on
Nov 13, 2019
Sold by
Ponton Donna and Family Trust Of Henrietta Lela
Bought by
Jacob Shibin and Jacob Suanne
Seller's Agent
Tommy Williams
The Agency - Charlotte
Buyer's Agent
George Joseph
KJ Realty LLC
List Price
$259,000
Sold Price
$235,000
Premium/Discount to List
-$24,000
-9.27%
Total Days on Market
9
Current Estimated Value
$553,196

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$318,196
Avg. Annual Appreciation
16.55%
Original Mortgage
$1,762,520
Outstanding Balance
$1,233,777
Interest Rate
3.65%
Mortgage Type
New Conventional
Estimated Equity
-$680,581
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Jacob Shibin $235,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jacob Shibin $1,762,520
Previous Owner Redfearn Henrietta $100,000
Previous Owner Redfearn Joe Heath $28,429
Previous Owner Redfearn Henrietta L $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2019 11/13/19 Sold $235,000 -9.3% $85 / Sq Ft
10/18/2019 10/18/19 Pending -- -- --
10/09/2019 10/09/19 For Sale $259,000 -- $94 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $2,953 $433,700 $246,400 $187,300
2022 $2,953 $319,500 $161,500 $158,000
2021 $3,310 $369,100 $190,000 $179,100
2020 $3,350 $369,100 $190,000 $179,100
2019 $3,344 $369,100 $190,000 $179,100
2018 $2,297 $192,600 $68,800 $123,800
2017 $2,250 $192,600 $68,800 $123,800
2016 $2,246 $192,600 $68,800 $123,800
2015 $2,243 $192,600 $68,800 $123,800
2014 $2,198 $192,600 $68,800 $123,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3558056

Canopy MLS (Canopy Realtor® Association)

APN: 193-161-05