NOT LISTED FOR SALE

1503 Shadow Forest Dr Matthews, NC 28105

Estimated Value: $2,090,000 - $2,239,000

6 Beds
5.5 Baths
6,295 Sq Ft
$344/Sq Ft Est. Value

Sale Details

Date Sold: September 4, 2020

Last sale price $1,512,000 $240 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $12,939 / mo

85 Days on Market

Highlights

  • In Ground Pool
  • Open Floorplan
  • Engineered Wood Flooring
  • Elizabeth Lane Elementary Rated A-
  • Transitional Architecture
  • Outdoor Fireplace

About This Home

As of September 2020

This is an absolutely stunning Craftsman Designed home with so many flex spaces on both floors. The gorgeous gourmet Kitchen with a large island, Wolf 6 burner range and 2 warming drawers and so many extra features. The Keeping room with stacked stone fireplace and new doors opening to the gorgeous in ground salt water pool with 6 sheer waterfalls and hot tub. A drop zone, optional guest or in law suite, 3rd bedroom or playroom on main floor. Stunning private office with built-ins, screen porch w/stacked stone gas fireplace. Plantation shutters throughout. Upstairs multiple use rooms and 3 spacious bedrooms, bonus room, new carpet and newly added laundry room with access to stairs to attic. Sealed crawlspace and this smart home has a Control 4 system for central vac, security cameras tied to the internet. A must show home with a very beautiful private backyard.

Last Agent to Sell the Property

Linda Davis

COMPASS License #81963 Listed on: 05/15/2020

COMPASS

Last Buyer's Agent

Non Member

Canopy Administration

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2008

Lot Details

  • Lot Dimensions are 57x35x200x149x182
  • Corner Lot
  • Irrigation

HOA Fees

  • $58 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Transitional Architecture
  • Stone Siding

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Wet Bar
  • Tray Ceiling
  • Gas Log Fireplace
  • Insulated Windows
  • Window Treatments
  • Mud Room
  • Crawl Space
  • Permanent Attic Stairs

Kitchen

  • Walk-In Pantry
  • Kitchen Island

Flooring

  • Engineered Wood
  • Carpet

Bedrooms and Bathrooms

  • Walk-In Closet

Outdoor Features

  • In Ground Pool
  • Outdoor Fireplace

Utilities

  • Cable TV Available

Community Details

  • The Forest Association, Phone Number (704) 258-5557

Listing and Financial Details

  • Assessor Parcel Number 227-062-47
  • Tax Block 188

Home Details

Home Type

Single Family

Year Built

Built in 2008

Lot Details

0.5 Acres

HOA Fees

$58 per month

Parking

3

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Architectural Style: Transitional
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.94559
  • Ratio Close Price By Original Li: 0.91636
  • Ratio Current Price By Acre: 2994059.41
  • Ratio Current Price By Sq Ft: 240.19
  • Year Built: 2008
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space
  • Upper Level Sq Ft: 2721
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bathrooms: 6.00
  • Total Bedrooms: 6
  • Doors and Windows: g-Insulated Door(s), Insulated Windows
  • Equipment: Cable Prewire, Ceiling Fan(s), Central Vacuum, CO Detector, Dishwasher, Disposal, Double Oven, Dryer, Electric Oven, Exhaust Fan, Gas Range, Ice Maker Connection, Microwave, Refrigerator, Security System, Surround Sound, Warming Drawer
  • Fireplace Description: FAMILYRM, Gas Logs, Keeping Room, Porch
  • Fireplace: Yes
  • Flooring: Carpet, Prefinished Wood, Wood
  • H O A Management Phone: 7042585557
  • Interior Amenities: Attic Other, Attic Stairs Fixed, Cable Available, Drop Zone, Kitchen Island, Open Floorplan, Pantry, Tray Ceiling, Walk-In Closet(s), Walk-In Pantry, Wet Bar, Window Treatments
  • Laundry Location: Main, Upper, Laundry Room
  • Room Count: 2
  • Main Level Sq Ft: 3574
  • Total Sq Ft: 6295
  • Sq Ft Unheated Main: 364
  • Sq Ft Unheated Total: 364

Exterior Features

  • Construction: Brick Partial, Cedar Shake, Stone
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard, In-Ground Irrigation, Outdoor Fireplace, Pool-In-Ground

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Garage - 3 Car

Utilities

  • Heating: Central Air, Gas Hot Air Furnace
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Fee: 700.00
  • Association Fee Frequency: Annually
  • HOA Management Company: The Forest
  • Hoa Subject To Dues: Mandatory

Lot Info

  • Lot Dimension: 57x35x200x149x182
  • Lot Features: Corner Lot
  • Parcel Number: 227-062-47
  • Plat Book Slide: 29487
  • Zoning Specification: R20

Tax Info

  • Tax Value: 1276000.00
  • Tax Block: 188
  • Tax Location: Matthews

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2020
Closed on
Sep 3, 2020
Sold by
Bought by
Seller's Agent
Linda Davis
COMPASS
Buyer's Agent
Non Member
Canopy Administration
List Price
$1,650,000
Sold Price
$1,512,000
Premium/Discount to List
-$138,000
-8.36%
Current Estimated Value
$2,163,282

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$651,282
Avg. Annual Appreciation
6.38%
Original Mortgage
$1,210,000
Outstanding Balance
$1,075,767
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,087,515

Purchase Details

Closed on
Oct 2, 2014
Sold by
Bought by

Purchase Details

Closed on
Mar 26, 2009
Sold by
Bought by

Purchase Details

Closed on
Jan 13, 2009
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
5.95%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 23, 2008
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
5.95%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 14, 2008
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,016,000
Interest Rate
5.63%
Mortgage Type
Construction
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,512,500 None Available
$1,150,000 None Available
-- None Available
$613,000 None Available
$627,910 None Available
$95,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,210,000
Previous Owner $1,200,000
Previous Owner $1,016,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/04/2020 09/04/20 Sold $1,512,000 -5.4% $240 / Sq Ft
08/08/2020 08/08/20 Pending -- -- --
07/23/2020 07/23/20 Price Changed $1,599,000 -3.1% $254 / Sq Ft
05/15/2020 05/15/20 For Sale $1,650,000 -- $262 / Sq Ft
Source: Canopy MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $13,945 $1,853,700 $325,000 $1,528,700
2024 $13,945 $1,853,700 $325,000 $1,528,700
2023 $13,754 $1,853,700 $325,000 $1,528,700
2022 $11,675 $1,276,000 $265,000 $1,011,000
2021 $11,675 $1,276,000 $265,000 $1,011,000
2020 $11,444 $1,276,000 $265,000 $1,011,000
2019 $11,478 $1,276,000 $265,000 $1,011,000
2018 $12,791 $1,083,300 $100,900 $982,400
2017 $12,544 $1,083,300 $100,900 $982,400
2016 -- $1,076,300 $100,900 $975,400
2015 $12,456 $1,076,300 $100,900 $975,400
2014 $13,511 $1,191,000 $157,500 $1,033,500
Source: Public Records

Agents Affiliated with this Home

  • Linda Davis

    Seller's Agent in 2020

    Linda Davis

    COMPASS

    (704) 904-6777

    1 in this area

    41 Total Sales

    Linda Davis
    Section Image

  • N

    Buyer's Agent in 2020

    Non Member

    NC_CanopyMLS

See All Agents

Map

Source: Canopy MLS

MLS Number: CAR3621068

Canopy MLS

APN: 227-062-47

North Carolina Mecklenburg County Matthews 28105

1503 Shadow Forest Dr, Matthews, NC

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Canopy MLS All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID
Listings courtesy of Canopy MLS as distributed by MLS GRID

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