NOT LISTED FOR SALE

2025 Fair Forest Dr Matthews, NC 28105

Matthews Area

Estimated Value: $477,000 - $633,636

4 Beds
3.5 Baths
2,793 Sq Ft
$202/Sq Ft Est. Value

Sale Details

Date Sold: January 17, 2018

Last sale price $232,500 $83 Per Sq Ft

Est. 143% increase in value since last sale

Current estimated payment $3,415 / mo

110 Days on Market

Highlights

  • Wooded Lot
  • Traditional Architecture
  • Corner Lot
  • Matthews Elementary Rated 9+
  • Engineered Wood Flooring
  • Shed

About This Home

As of January 2018

Excellent opportunity for investor or buyer looking for a renovation in a desirable location on 1.5 acres! Spacious floorplan throughout w/ oversized bedrooms & closets. Carpet removed on the entire 2nd level exposing beautiful original hardwoods! Home sits back from the road for extra privacy, rear yard is wooded w/ views of neighboring pond. Garage transformed into living space w/ bath & separate entrance perfect for workshop, or home office. Home is sold AS-IS, no repairs made by sellers.

Last Agent to Sell the Property

Jennifer Romaine

Coldwell Banker Realty License #269007 Listed on: 08/25/2017

Coldwell Banker Realty

Last Buyer's Agent

Stephen Cooley

Stephen Cooley Real Estate License #6801

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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Average Value
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List Price
Sold Price
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Home Details

Home Type

  • Single Family

Year Built

  • Built in 1963

Lot Details

  • Lot Dimensions are 202x328x205x329
  • Corner Lot
  • Wooded Lot

Parking

  • Gravel Driveway

Home Design

  • Traditional Architecture
  • Slab Foundation

Interior Spaces

  • 2-Story Property
  • Wood Burning Fireplace
  • Storm Doors

Flooring

  • Engineered Wood
  • Tile
  • Vinyl

Additional Features

  • Shed
  • Well

Listing and Financial Details

  • Assessor Parcel Number 227-172-09

Home Details

Home Type

Single Family

Year Built

Built in 1963

Lot Details

1.53 Acres

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Architectural Style: Traditional
  • Ratio Close Price By List Price: 0.93000
  • Ratio Close Price By Original Li: 0.84545
  • Ratio Current Price By Acre: 151960.78
  • Ratio Current Price By Sq Ft: 83.24
  • Year Built: 1963
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 1033
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Total Bedrooms: 4
  • Doors and Windows: Storm Door(s), Storm Window(s)
  • Equipment: Cooktop Electric, Dishwasher, Double Oven, Electric Dryer Hookup, Exhaust Hood
  • Fireplace Description: Wood Burning
  • Fireplace: Yes
  • Flooring: Prefinished Wood, Tile, Vinyl, Wood
  • Interior Amenities: Built-Ins
  • Laundry Location: Main, Utility Room
  • Room Count: 2
  • Main Level Sq Ft: 1760
  • Total Sq Ft: 2793
  • Sq Ft Unheated Main: 102
  • Sq Ft Unheated Total: 102

Exterior Features

  • Construction: Brick Partial
  • Construction Type: Site Built
  • Exterior Features: Shed(s)
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Concrete, Gravel
  • Parking: Driveway, Parking Space - 4+

Utilities

  • Heating: Central Air, Heat Pump - Heat
  • Sewer: Septic Tank
  • Water: Well
  • Water Heater: Electric

Lot Info

  • Lot Dimension: 202x328x205x329
  • Lot Features: Corner Lot, Wooded
  • Parcel Number: 227-172-09
  • Zoning Specification: R20

Tax Info

  • Tax Value: 212500.00
  • 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
Aug 25, 2017
Closed on
Jan 17, 2018
Sold by
Bought by
Seller's Agent
Jennifer Romaine
Coldwell Banker Realty
Buyer's Agent
Stephen Cooley
Stephen Cooley Real Estate
List Price
$275,000
Sold Price
$232,500
Premium/Discount to List
-$42,500
-15.45%
Current Estimated Value
$565,409

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$332,909
Avg. Annual Appreciation
10.97%
Original Mortgage
$225,525
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 12, 1997
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Matthews, NC

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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
$232,500 Cape Fear Title Llc
$174,000 --
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 $90,000
Open $219,500
Closed $225,525
Previous Owner $100,000
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
01/17/2018 01/17/18 Sold $232,500 -15.5% $83 / Sq Ft
12/13/2017 12/13/17 Pending -- -- --
08/25/2017 08/25/17 For Sale $275,000 -- $98 / 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 $3,612 $475,300 $135,000 $340,300
2024 $3,612 $475,300 $135,000 $340,300
2023 $3,560 $475,300 $135,000 $340,300
2022 $2,123 $228,500 $60,000 $168,500
2021 $2,049 $228,500 $60,000 $168,500
2020 $2,089 $228,500 $60,000 $168,500
2019 $2,083 $228,500 $60,000 $168,500
2018 $2,531 $212,500 $60,000 $152,500
2017 $2,480 $212,500 $60,000 $152,500
2016 $2,476 $212,500 $60,000 $152,500
2015 $2,473 $212,500 $60,000 $152,500
2014 -- $222,200 $60,000 $162,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS

MLS Number: CAR3314557

Canopy MLS

APN: 227-172-09

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