$185,000
SOLD MAY 14, 2020

1227 Flowe Dr Matthews, NC 28104

3 Beds
1.5 Baths
1,300 Sq Ft
0.38 Acres

Recently Sold

$142 Per Sq Ft

8% Below List Price

21 Days on Market

Highlights

  • Ranch Style House
  • Corner Lot
  • Vinyl Flooring
  • Indian Trail Elementary School Rated A

About This Home

As of August 2022

$5000 buyer Upgrade/Flooring allowance!!! Price below market value and great investment opportunity for any buyer. Brand New Whole HVAC system installed in 2020, New gutters 2020 and Roof was installed in 2008, two large living room areas for additional entertainment space. This 3 bedroom home has plenty of closet space as well as pull down attic for additional storage if needed. Very large, flat yard and nice size deck. The home has been very well taken care of; home has been lived in by the original owner since it was built. Home needs some updating however, it is a great investment for any buyer!

Last Agent to Sell the Property

Clint Bailey

Berkshire Hathaway HomeServices Elite Properties License #288995 Listed on: 03/25/2020

Berkshire Hathaway HomeServices Elite Properties

Last Buyer's Agent

Vivian Akins

1st Choice Properties Inc License #232315

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1971

Lot Details

  • Corner Lot
  • Level Lot

Home Design

  • Ranch Style House

Attic

  • Pull Down Stairs to Attic

Additional Features

  • Vinyl Flooring
  • Crawl Space

Listing and Financial Details

  • Assessor Parcel Number 07-126-164

Home Details

Home Type

Single Family

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Ranch
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 0.92500
  • Ratio Current Price By Acre: 486842.11
  • Ratio Current Price By Sq Ft: 142.31
  • Year Built: 1971
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Equipment: Cable Prewire, Ceiling Fan(s), Dryer, Electric Range, Washer
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Attic Stairs Pulldown
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 1300
  • Total Sq Ft: 1300

Exterior Features

  • Construction: Brick Full, Shingle, Wood
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Asphalt
  • Parking: Driveway

Utilities

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

Schools

  • Elementary School: Indian Trail
  • Middle School: Sun Valley
  • High School: Sun Valley

Lot Info

  • Lot Features: Corner Lot, Level
  • Lot Size Area: 0.380
  • Parcel Number: 07-126-164
  • Plat Reference Section Pages: 307
  • Zoning Specification: R-10

Tax Info

  • Tax Value: 103200.00
  • Tax Location: Matthews

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2022
Closed on
Jul 22, 2022
Sold by
Riordan and Jillian
Bought by
Thawng Suan and Cing Man Thawh
Seller's Agent
Matt Stone
Stone Realty Group
Buyer's Agent
Paul Sum
NorthGroup Real Estate LLC
List Price
$325,000
Sold Price
$325,000
Views
3

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.20%
Original Mortgage
$308,750
Outstanding Balance
$296,773
Interest Rate
5.7%
Mortgage Type
New Conventional
Estimated Equity
$70,301

Purchase Details

Listed on
Mar 25, 2020
Closed on
May 13, 2020
Sold by
Smith Katherine C and Bailey Rebecca
Bought by
Riordan Timothy and Riordan Jillian
Seller's Agent
Clint Bailey
Berkshire Hathaway HomeServices Elite Properties
Buyer's Agent
Vivian Akins
1st Choice Properties Inc
List Price
$200,000
Sold Price
$185,000
Premium/Discount to List
-$15,000
-7.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.60%
Original Mortgage
$179,450
Interest Rate
3.3%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $325,000 Tryon Title
Warranty Deed $185,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $308,750 New Conventional
Previous Owner $179,450 New Conventional
Previous Owner $50,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2025 06/20/25 For Sale $368,000 +13.2% $283 / Sq Ft
08/10/2022 08/10/22 Sold $325,000 0.0% $250 / Sq Ft
06/23/2022 06/23/22 For Sale $325,000 +75.7% $250 / Sq Ft
05/14/2020 05/14/20 Sold $185,000 0.0% $142 / Sq Ft
04/15/2020 04/15/20 Pending -- -- --
04/15/2020 04/15/20 Price Changed $185,000 -7.5% $142 / Sq Ft
03/25/2020 03/25/20 For Sale $200,000 -- $154 / 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
2024 $1,773 $199,000 $37,100 $161,900
2023 $1,656 $193,400 $37,100 $156,300
2022 $1,635 $193,400 $37,100 $156,300
2021 $1,634 $193,400 $37,100 $156,300
2020 $562 $103,230 $18,230 $85,000
2019 $560 $103,230 $18,230 $85,000
2018 $560 $103,230 $18,230 $85,000
2017 $586 $103,200 $18,200 $85,000
2016 $1,111 $103,230 $18,230 $85,000
2015 $1,122 $103,230 $18,230 $85,000
2014 $676 $95,530 $18,800 $76,730
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3583952

Canopy MLS (Canopy Realtor® Association)

APN: 07-126-164