NOT LISTED FOR SALE

1118 Jerry Ln Matthews, NC 28105

Estimated Value: $394,116 - $439,000

4 Beds
2 Baths
1,842 Sq Ft
$224/Sq Ft Est. Value

Last Sold December 07, 2020

Last sale price $270,000 $147 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $2,482/month

9 Days on Market

Highlights

  • Ranch Style House
  • Shed
  • Many Trees
  • Fireplace
  • Tile Flooring
  • Level Lot

About This Home

As of December 2020

Nice home in Matthews near Hwy. 51 and Idlewild Rd on a big yard with plenty of trees. New floor coverings and paint throughout. Kitchen has new granite and sink installed. Bathrooms just remodeled with tile, vanities and shower glass.
Hurry this home will not last long.

Last Agent to Sell the Property

Matt Lowe

DW Realty Team Inc License #208931 Listed on: 10/23/2020

Last Buyer's Agent

Bobbie Weber

ProStead Realty License #188764

ProStead Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1967

Lot Details

  • Level Lot
  • Many Trees

Parking

  • Gravel Driveway

Home Design

  • Ranch Style House

Interior Spaces

  • 2 Full Bathrooms
  • Fireplace
  • Crawl Space

Flooring

  • Laminate
  • Tile

Outdoor Features

  • Shed

Listing and Financial Details

  • Assessor Parcel Number 193-331-22

Home Details

Home Type

Single Family

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Ranch
  • Ratio Close Price By List Price: 0.94737
  • Ratio Close Price By Original Li: 0.94737
  • Ratio Current Price By Acre: 442622.95
  • Ratio Current Price By Sq Ft: 146.58
  • Year Built: 1967
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 4
  • Equipment: Dishwasher, Refrigerator
  • Fireplace Description: Den
  • Fireplace: Yes
  • Flooring: Carpet, Laminate Wood, Tile
  • Laundry Location: Utility Room
  • Room Count: 1
  • Sq Ft Additional: 78
  • Main Level Sq Ft: 1842
  • Total Sq Ft: 1842

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built
  • Exterior Features: Shed(s)

Garage/Parking

  • Driveway: Earth, Gravel
  • Parking: Carport - 1 Car

Utilities

  • Heating: Central Air, Heat Pump - AC, Heat Pump - Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Lot Features: Level, Trees
  • Lot Size Area: 0.610
  • Parcel Number: 193-331-22
  • Zoning Specification: R20

Tax Info

  • Tax Value: 195700.00
  • Tax Location: Matthews

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2020
Closed on
Dec 7, 2020
Sold by
Debk Samir Mohamed Ali and Harb Fatme Mohamad
Bought by
Mahmoud Ahmad Salman
Seller's Agent
Matt Lowe
DW Realty Team Inc
Buyer's Agent
Bobbie Weber
ProStead Realty
List Price
$285,000
Sold Price
$270,000
Premium/Discount to List
-$15,000
-5.26%
Current Estimated Value
$412,279

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,279
Avg. Annual Appreciation
8.66%
Original Mortgage
$265,109
Outstanding Balance
$240,703
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$152,563

Purchase Details

Closed on
May 11, 2012
Sold by
Elrod Thomas Franklin
Bought by
Debk Samir Mohamed Ali

Purchase Details

Closed on
Jan 1, 1975
Bought by
Elrod Thomas H and Elrod Helen C
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
Mahmoud Ahmad Salman $270,000 Master Title
Debk Samir Mohamed Ali $86,000 None Available
Elrod Thomas H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mahmoud Ahmad Salman $265,109
Previous Owner Debk Samir M $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/07/2020 12/07/20 Sold $270,000 -5.3% $147 / Sq Ft
11/01/2020 11/01/20 Pending -- -- --
10/31/2020 10/31/20 For Sale $285,000 +5.6% $155 / Sq Ft
10/30/2020 10/30/20 Off Market $270,000 -- --
10/23/2020 10/23/20 For Sale $285,000 -- $155 / 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 $2,153 $285,100 $39,700 $245,400
2022 $1,977 $212,500 $62,000 $150,500
2021 $1,977 $212,500 $62,000 $150,500
2020 $1,795 $195,700 $62,000 $133,700
2019 $1,789 $195,700 $62,000 $133,700
2018 $1,336 $111,100 $19,300 $91,800
2017 $1,308 $111,100 $19,300 $91,800
2016 $1,304 $111,100 $19,300 $91,800
2015 -- $111,100 $19,300 $91,800
2014 $1,274 $111,100 $19,300 $91,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3674181

Canopy MLS (Canopy Realtor® Association)

APN: 193-331-22