NOT LISTED FOR SALE

1509 Shadow Forest Dr Matthews, NC 28105

Estimated Value: $1,993,000 - $2,303,000

5 Beds
7 Baths
6,470 Sq Ft
$334/Sq Ft Est. Value

Last Sold April 25, 2022

Last sale price $1,860,000 $287 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $12,675/month

39 Days on Market

Highlights

  • Open Floorplan
  • Transitional Architecture
  • Wood Flooring
  • Elizabeth Lane Elementary Rated A-
  • Outdoor Fireplace
  • Screened Porch

About This Home

As of April 2022

Prepare to be impressed!This thoughtfully designed home includes three levels of gracious living. The main level has an open floor plan with 4" site finished walnut flooring. The primary BR is on the main level with generous closets, custom primary bathroom & private balcony. The kitchen offers Wolf and sub zero appliances, custom cabinetry & is open to the FR w/ a coffered ceiling, pressed tin detail and rope lighting. Sliding doors lead to the screened in patio & outdoor FP. The upper level has 3 BR, 3 full baths, a playroom & separate office or additional bonus space. In addition there is a work station w/ built in cabinetry. The lower level has a separate KT, den, billiards room, BR & full bath, dining area & wine storage room w/ custom cabinetry. The lower level 2 car garage has been converted to an exercise room. Sliding doors lead to the lower patio & outdoor FP. Even more impressive is the sport court that can be used for basketball, games and/or an exercise room.

Last Agent to Sell the Property

Susan May

Corcoran HM Properties License #150660 Listed on: 03/17/2022

Corcoran HM Properties

Last Buyer's Agent

Bridget Graves

Corcoran HM Properties License #241471

Corcoran HM Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,047

Year Built

  • Built in 2013

Lot Details

  • Irrigation
  • Property is zoned R-20, R20

HOA Fees

  • $63 Monthly HOA Fees

Home Design

  • Transitional Architecture
  • Spray Foam Insulation
  • Stone Siding
  • Stucco

Interior Spaces

  • Open Floorplan
  • Central Vacuum
  • Sound System
  • Built-In Features
  • Bar Fridge
  • Tray Ceiling
  • Ceiling Fan
  • Window Treatments
  • Pocket Doors
  • Great Room with Fireplace
  • Screened Porch
  • Pull Down Stairs to Attic
  • Home Security System
  • Laundry Room

Kitchen

  • Double Oven
  • Gas Oven
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Brick
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Garden Bath

Parking

  • Attached Garage
  • Garage Door Opener

Outdoor Features

  • Fireplace in Patio
  • Patio
  • Outdoor Fireplace

Schools

  • Elizabeth Lane Elementary School
  • South Charlotte Middle School
  • Providence High School

Utilities

  • Zoned Heating System
  • Cable TV Available

Community Details

  • Cusick Association, Phone Number (704) 544-7779
  • The Forest Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 227-062-48

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,047

Year Built

Built in 2013

Lot Details

0

HOA Fees

$63 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Transitional
  • Year Built: 2013
  • Ratio Current Price By Acre: 3875000.00
  • Doors and Windows: Pocket Doors
  • Road Surface Type: Concrete
  • Structure Type: Two Story/Basement
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Basement Fully Finished
  • Fireplace: Yes
  • Flooring: Brick, Carpet, Tile, Wood
  • Interior Amenities: Attic Other, Attic Stairs Pulldown, Built Ins, Cable Available, Garden Tub, Kitchen Island, Open Floorplan, Pantry, Tray Ceiling, Walk-In Closet(s), Window Treatments
  • Fixture Exception Yn: 0
  • Lower Level Sq Ft: 1986
  • Main Level Sq Ft: 2630
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 1854
  • Porch: Back,Covered,Patio,Screened,Side
  • Appliances: Bar Fridge, Cable Prewire, Ceiling Fan(s), Central Vacuum, Dishwasher, Disposal, Double Oven, Exhaust Hood, Gas Oven, Microwave, Network Ready, Refrigerator, Security System, Surround Sound
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace Features: Gas Log, Great Room, Porch, Other
  • Living Area: 6470
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Half Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1

Exterior Features

  • Exterior Features: In-Ground Irrigation, Outdoor Fireplace
  • New Construction: No
  • Roof: Shingle
  • Tax Location: Matthews
  • Construction Type: Site Built
  • Construction Type: Stucco, Stone

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 1265
  • Parking Features: Attached Garage, Garage - 4+ Car, Garage Door Opener

Utilities

  • Heating: Central, Gas Hot Air Furnace, Multizone A/C, Zoned
  • Sewer: Public Sewer
  • Water Heater: Other
  • Green Building Features: g-Spray Foam Insulation
  • Laundry Features: Main Level, Laundry Room
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 750
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Association Name: Cusick
  • Phone: 704-544-7779
  • ResoAssociationFeeFrequency: Annually

Schools

  • Middle Or Junior School: South Charlotte
  • HOA Subject To: Required

Lot Info

  • Lot Size Area: 0.48
  • Lot Size Units: Acres
  • Parcel Number: 227-062-48
  • Zoning Description: R20

Tax Info

  • RATIO List Price By Tax Amount: 1.30693

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Elizabeth Lane
  • High School: Providence

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 5, 2016
Sold by
Walsh Kevin Michael and Walsh Megan Leigh
Bought by
Mgw Two Llc
Current Estimated Value
$2,158,034

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Outstanding Balance
$135,711
Interest Rate
3.58%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,022,323

Purchase Details

Listed on
Apr 5, 2011
Closed on
Mar 23, 2012
Sold by
Arcadia Homes Inc
Bought by
Walsh Kevin Michael and Walsh Megan Leigh
Seller's Agent
Ben Bowen
Premier Sotheby's International Realty
Buyer's Agent
Ben Bowen
Premier Sotheby's International Realty
List Price
$144,500
Sold Price
$120,000
Premium/Discount to List
-$24,500
-16.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.73%
Original Mortgage
$90,000
Interest Rate
3.89%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jul 13, 2006
Sold by
Provident Development Group Inc
Bought by
Arcadia Homes Inc
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 Buyer Sale Price Title Company
Mgw Two Llc $1,345,000 None Available
Walsh Kevin Michael $120,000 None Available
Arcadia Homes Inc $163,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mgw Two Llc $170,000
Previous Owner Walsh Kevin Michael $90,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/25/2022 04/25/22 Sold $1,860,000 +12.7% $287 / Sq Ft
03/17/2022 03/17/22 For Sale $1,650,000 +1275.0% $255 / Sq Ft
03/23/2012 03/23/12 Sold $120,000 -17.0% $19 / Sq Ft View Prior Sale
03/23/2012 03/23/12 Pending -- -- --
04/05/2011 04/05/11 For Sale $144,500 -- $22 / 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
2025 $14,047 $1,867,300 $325,000 $1,542,300
2024 $14,047 $1,867,300 $325,000 $1,542,300
2023 $13,855 $1,867,300 $325,000 $1,542,300
2022 $11,552 $1,262,500 $265,000 $997,500
2021 $11,552 $1,262,500 $265,000 $997,500
2020 $11,363 $1,262,500 $265,000 $997,500
2019 $11,357 $1,262,500 $265,000 $997,500
2018 $12,508 $1,059,300 $106,300 $953,000
2017 $12,266 $1,059,300 $106,300 $953,000
2016 $12,263 $1,059,300 $106,300 $953,000
2015 -- $1,059,300 $106,300 $953,000
2014 $4,020 $353,400 $157,500 $195,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3826425

Canopy MLS (Canopy Realtor® Association)

APN: 227-062-48