$599,000
$16K PRICE DROP

Estimated payment $3,482/month

Total Views 3,944
2 Beds
1 Bath
1,072 Sq Ft
$559 Price per Sq Ft

Highlights

  • Sub-Zero Refrigerator
  • Private Lot
  • No HOA
  • Wolf Appliances
  • Wood Flooring
  • Covered Patio or Porch

About This Home

Step into refined living at 1516 Matheson Avenue, where high design meets timeless style with a French European influence in the heart of Plaza Midwood. From the Baldwin front door handle to the custom built-ins, every detail has been thoughtfully curated to balance function, form, and effortless elegance.
At the center of the home, the chef’s kitchen is a showpiece: a Wolf induction cooktop paired with a 30” M Series professional built-in oven, Calacatta Vagli marble countertops imported from Italy, and a Sub-Zero wine refrigerator. Designer lighting elevates the spaces—DeVol Kitchens’ pendant from England highlights the sink, while a Visual Comfort Osiris chandelier graces the dining room with sculptural beauty.
Artful touches continue throughout the home: a L’Aviva Granada Rombus lantern from NYC adds dimension to the office, while walls become works of art with statement wallpapers—Bradbury & Bradbury (California) in the hallway, Woodchip + Magnolia (UK) in the living room and kitchen bar, and Lonesome Pictopia (Portland) in the laundry and archway.
Open-concept living areas flow seamlessly to the outdoors, creating the perfect setting for entertaining or elevating daily rituals. Serene bedrooms and a spa-inspired bath reflect modern sophistication balanced with timeless warmth. Outside, the private backyard offers an escape that feels equal parts city retreat and countryside charm.
1516 Matheson isn’t just a home—it’s a statement in design, style, and European-inspired luxury.

Listing Agent

Ken Riel

COMPASS Brokerage Email: ken.riel@compass.com License #275223 Listed on: 09/11/2025

COMPASS

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1947

Lot Details

  • Back Yard Fenced
  • Private Lot
  • Level Lot
  • Property is zoned N1-C

Parking

  • Driveway

Home Design

  • Bungalow
  • Architectural Shingle Roof
  • Hardboard

Interior Spaces

  • 1.5-Story Property
  • Pendant Lighting
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Crawl Space
  • Permanent Attic Stairs
  • Laundry Room

Kitchen

  • Electric Cooktop
  • Range Hood
  • Sub-Zero Refrigerator
  • Wolf Appliances

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Covered Patio or Porch
  • Shed

Schools

  • Villa Heights Elementary School
  • Eastway Middle School
  • Garinger High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Midwood Subdivision

Listing and Financial Details

  • Assessor Parcel Number 095-013-31

Home Details

Home Type

Single Family

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Year Built: 1947
  • Road Surface Type: Asphalt, Paved
  • Unit Levels: One and One Half
  • Ratio CurrentPrice/TotalPropertyHLA: 558.77
  • Geocode Confidence: High
  • Attribution Contact: ken.riel@compass.com
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Interior Amenities: Attic Stairs Fixed
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1072
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 328
  • Sq Ft Unheated Upper: 328
  • Sq Ft Upper: 0
  • Appliances: Electric Cooktop, Electric Range, Electric Water Heater, Exhaust Hood, Refrigerator with Ice Maker
  • Above Grade Finished Sq Ft: 1072
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log, Living Room, Wood Burning
  • Living Area: 1072
  • Bedroom Main: 2

Exterior Features

  • New Construction: No
  • Roof: Architectural Shingle
  • Construction Type: Site Built
  • Fencing: Back Yard, Fenced
  • Construction Type: Fiber Cement, Hardboard Siding
  • Other Structures: Shed(s)
  • Patio And Porch Features: Covered, Front Porch, Patio

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Driveway

Utilities

  • Heating: Electric, Forced Air
  • Sewer: Public Sewer
  • Laundry Features: Laundry Room, Main Level
  • Cooling: Central Air
  • Utilities: Cable Available, Electricity Connected
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Sidewalks
  • Hoa Subject To Dues: No
  • Senior Community: No
  • Association: No

Schools

  • Middle Or Junior School: Eastway
  • HOA Subject To: None

Lot Info

  • Lot Features: Level, Private
  • Lot Size Units: Acres
  • Parcel Number: 095-013-31
  • Additional Parcels: No
  • Zoning Specification: N1-C

MLS Schools

  • Elementary School: Villa Heights
  • High School: Garinger

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $4,002 $508,200 $332,500 $175,700
2024 $4,002 $508,200 $332,500 $175,700
2023 $3,867 $508,200 $332,500 $175,700
2022 $3,351 $334,200 $225,000 $109,200
2021 $3,340 $334,200 $225,000 $109,200
2020 $3,332 $334,200 $225,000 $109,200
2019 $3,317 $334,200 $225,000 $109,200
2018 $1,942 $142,400 $71,300 $71,100
2017 $1,906 $142,400 $71,300 $71,100
2016 $1,897 $142,400 $71,300 $71,100
2015 $1,885 $142,400 $71,300 $71,100
2014 $1,891 $142,400 $71,300 $71,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/31/2025 10/31/25 Price Changed $599,000 -2.6% $559 / Sq Ft
09/11/2025 09/11/25 For Sale $615,000 +20.6% $574 / Sq Ft
12/15/2022 12/15/22 Sold $510,000 -2.9% $475 / Sq Ft View Prior Sale
10/20/2022 10/20/22 For Sale $525,000 +54.0% $489 / Sq Ft
12/08/2020 12/08/20 Sold $341,000 +1.8% $320 / Sq Ft View Prior Sale
11/06/2020 11/06/20 Pending -- -- --
11/05/2020 11/05/20 For Sale $335,000 -- $314 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $510,000 --
Warranty Deed $341,000 Title Company Of Nc
Warranty Deed $165,000 None Available
Warranty Deed $56,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $408,000 New Conventional
Previous Owner $323,950 New Conventional
Previous Owner $148,500 Purchase Money Mortgage
Previous Owner $58,500 Purchase Money Mortgage
Source: Public Records

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4294975

Canopy MLS (Canopy Realtor® Association)

APN: 095-013-31