$677,725 - $762,000
RENTED DEC 4, 2024

1626 Emerald Lake Dr Matthews, NC 28104

5 Beds
4 Baths
3,203 Sq Ft
$229 Price per Sq Ft

Last Sold September 03, 2021

Last sale price $519,900 $162 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $4,419/month

About This Home

As of September 2021

Two-story lease lakeside residence on golf course in the desirable Emerald Lake Community in Union County. Notable features include: 5bd/4ba 3,200+ sq/ft open floor plan plus bonus/flex room, stainless kitchen, service pantry, laundry room, drop zone, fireplace, rear patio, private yard and 3-car oversized garage. Walking distance to Lake View Grill & Tavern and just minutes to I-485, 74/Bypass, Matthews, Waverly and Rea Farms area shopping, with easy access to Uptown Charlotte. Top-rated Union County Porter Ridge school district. Welcome home! *To protect against fraud, always confirm listing details with a licensed broker and/or the property manager directly. Do not rely on social media postings. We Verify and require a govt. issued ID and/or valid cell# to tour our properties. No self-guided tours. All showings must be scheduled.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2021
Closed on
Sep 8, 2021
Sold by
Huang Shanqiang
Bought by
Huang Shanqiang and Huang Heyun
Seller's Agent
Kathy Hindman
Allen Tate Charlotte South
Buyer's Agent
Kathy Hindman
Allen Tate Charlotte South
List Price
$519,900
Sold Price
$519,900
Current Estimated Value
$732,931

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$213,031
Avg. Annual Appreciation
8.75%
Original Mortgage
$415,920
Outstanding Balance
$328,119
Interest Rate
2.1%
Mortgage Type
New Conventional
Estimated Equity
$382,215

Purchase Details

Listed on
Jul 29, 2021
Closed on
Sep 3, 2021
Sold by
Sullivan James and Sullivan Heather
Bought by
Huang Shanqiang
Seller's Agent
Kathy Hindman
Allen Tate Charlotte South
Buyer's Agent
Kathy Hindman
Allen Tate Charlotte South
List Price
$519,900
Sold Price
$519,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$415,920
Outstanding Balance
$328,119
Interest Rate
2.1%
Mortgage Type
New Conventional
Estimated Equity
$382,215

Purchase Details

Closed on
Nov 29, 2006
Sold by
Binda Michael H and Binda Shannon
Bought by
Sullivan James and Sullivan Heather

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$376,000
Interest Rate
6.62%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 21, 2006
Sold by
Spicer Linda B and Spicer Charles A
Bought by
Binda Michael L and Gibson Shannon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$298,400
Interest Rate
6.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 14, 2001
Sold by
Teat Richard Ray and Teat Sherry M
Bought by
Spicer Charles A and Spicer Linda B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.5%

Purchase Details

Closed on
Feb 26, 2001
Sold by
Griffin Contracting & Consulting Inc
Bought by
Teat Richard R and Marshall Sherry K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$822,750
Interest Rate
7.06%

Purchase Details

Closed on
Aug 8, 1998
Sold by
Ty Par Realty Inc
Bought by
Teat Richard Ray

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.97%

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
Huang Shanqiang -- None Available
Huang Shanqiang $520,000 South City Title Company
Sullivan James $376,000 Multiple
Binda Michael L $373,000 Chicago Title Insurance Co
Spicer Charles A $330,000 --
Teat Richard R $595,000 --
Teat Richard Ray $67,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Huang Shanqiang $415,920
Previous Owner Sullivan James $376,000
Previous Owner Binda Michael L $298,400
Previous Owner Binda Michael L $55,950
Previous Owner Spicer Charles Albert $245,000
Previous Owner Spicer Charles A $154,000
Previous Owner Spicer Charles A $150,000
Previous Owner Teat Richard R $822,750
Previous Owner Teat Richard R $227,000
Previous Owner Teat Richard Ray $60,000
Closed Teat Richard R $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/04/2024 12/04/24 Rented $3,200 0.0% --
11/12/2024 11/12/24 For Rent $3,200 0.0% --
09/03/2021 09/03/21 Sold $519,900 0.0% $162 / Sq Ft
07/31/2021 07/31/21 Pending -- -- --
07/29/2021 07/29/21 For Sale $519,900 -- $162 / Sq Ft

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 $3,793 $435,700 $90,000 $345,700
2023 $3,631 $435,700 $90,000 $345,700
2022 $3,610 $435,700 $90,000 $345,700
2021 $3,610 $435,700 $90,000 $345,700
2020 $3,579 $355,200 $72,500 $282,700
2019 $3,579 $355,200 $72,500 $282,700
2018 $0 $355,200 $72,500 $282,700
2017 $3,543 $338,600 $72,500 $266,100
2016 $3,534 $338,600 $72,500 $266,100
2015 $3,577 $338,600 $72,500 $266,100
2014 $2,445 $342,300 $75,000 $267,300
Source: Public Records

Agents Affiliated with this Home

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