NOT LISTED FOR SALE

1535 Shadow Forest Dr Unit 5 Matthews, NC 28105

Estimated Value: $1,594,000 - $1,885,000

0.52 Acre
$3,392,471 Price per Acre
22,651 Sq Ft Lot

Last Sold July 18, 2012

Last sale price $165,000

Est. 969% increase in value since last sale

Current estimated payment $10,414/month

1,306 Days on Market

About This Lot

As of July 2012

AN INCREDIBLE OPPORTUNITY TO PURCHASE A HOME SITE IN THIS UPSCALE COMMUNITY - BUILD WHEN YOU ARE READY - BUILDER AND PLANS MUST BE APPROVED BY ACC - BUYER MUST ADHERE TO CCR'S - PRICED TO SELL QUICKLY - DEVELOPER TO EXTEND STORM PIPE - BASEMENT HOMESITE -

Last Agent to Sell the Property

Diane Austin

Builder Developer Advisors Inc License #45411 Listed on: 11/18/2008

Last Buyer's Agent

Marc Zolotorofe

RE/MAX Executive License #248239

RE/MAX Executive

Property Details

Property Type

  • Land

Lot Details

  • Property is zoned Residential Lot

HOA Fees

  • $50 Monthly HOA Fees

Listing and Financial Details

  • Assessor Parcel Number 22706251

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$50 per month

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Lot
  • Ratio Close Price By List Price: 0.84833
  • Ratio Close Price By Original Li: 0.66000
  • Ratio Current Price By Acre: 315487.57
  • Restrictions: Architectural Review
  • Foundation Details Proposed: Basement
  • Special Features: None

Interior Features

  • Foundation Details: Basement

Utilities

  • Sewer: City Sewer
  • Water: City Water

Condo/Co-op/Association

  • Association Fee: 600.00
  • Association Fee Frequency: Annually

Schools

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

Lot Info

  • Lot Dimension: 177x221x33x211
  • Lot Size Area: 0.523
  • Lot Size Units: Acres
  • Parcel Number: 22706251
  • Zoning: Residential Lot
  • Zoning Specification: R20
  • Plat Book Slide: 42
  • Plat Reference Section Pages: 375

Tax Info

  • Tax Value: 157500.00
  • Tax Location: Matthews

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2008
Closed on
Jul 18, 2012
Sold by
Provident Development Group Inc
Bought by
Cheifetz Paul A and Cheifetz Keri
Seller's Agent
Diane Austin
Builder Developer Advisors Inc
Buyer's Agent
Marc Zolotorofe
RE/MAX Executive
List Price
$250,000
Sold Price
$165,000
Premium/Discount to List
-$85,000
-34%
Current Estimated Value
$1,764,085

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,599,085
Avg. Annual Appreciation
19.63%
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
Cheifetz Paul A $165,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/18/2012 07/18/12 Sold $165,000 -34.0% --
06/16/2012 06/16/12 Pending -- -- --
11/18/2008 11/18/08 For Sale $250,000 -- --
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 $12,144 $1,613,400 $325,000 $1,288,400
2024 $12,144 $1,613,400 $325,000 $1,288,400
2023 $10,042 $1,613,400 $325,000 $1,288,400
2022 $10,042 $1,119,600 $265,000 $854,600
2021 $10,042 $1,119,600 $265,000 $854,600
2020 $10,081 $1,119,600 $265,000 $854,600
2019 $10,075 $1,119,600 $265,000 $854,600
2018 $9,197 $778,300 $106,300 $672,000
2017 $9,019 $778,300 $106,300 $672,000
2016 $9,015 $778,300 $106,300 $672,000
2015 -- $778,300 $106,300 $672,000
2014 $4,286 $376,900 $157,500 $219,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR820785

Canopy MLS (Canopy Realtor® Association)

APN: 227-062-51