$50,000
SOLD MAY 23, 2012

226 Bubbling Well Rd Matthews, NC 28105

0.57 Acre
$87,719 Price per Acre
24,829 Sq Ft Lot

Recently Sold

23% Below List Price

701 Days on Market

About This Lot

As of March 2023

One of the BEST LOT VALUES in this zipcode. Beautiful deep wooded rectangular lot on a cul de sac with quick access to downtown Matthews, Independence Boulevard, I-485, and nearby schools and shopping centers. VERY DESIRABLE LOCATION! This lot has city water and sewer.

Last Agent to Sell the Property

Bob Bunzey

ERA Live Moore License #266158 Listed on: 06/21/2010

ERA Live Moore

Last Buyer's Agent

Shawn Knight

Helen Adams Realty License #269734

Helen Adams Realty

Property Details

Property Type

  • Land

Listing and Financial Details

  • Assessor Parcel Number 227-027-52

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Lot
  • Ratio Close Price By List Price: 0.89445
  • Ratio Close Price By Original Li: 0.76923
  • Ratio Current Price By Acre: 86355.79
  • Special Features: None

Utilities

  • Sewer: City Sewer
  • Water: City Water

Schools

  • Elementary School: Matthews
  • Middle School: Crestdale
  • High School: Butler

Lot Info

  • Lot Dimension: 100 x 244
  • Lot Size Area: 0.579
  • Lot Size Units: Acres
  • Parcel Number: 227-027-52
  • Zoning Specification: R15

Tax Info

  • Tax Value: 20100.00
  • Tax Location: Matthews

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2023
Closed on
Mar 10, 2023
Sold by
Wells Jerry Lee and Wells Sharmila
Bought by
Goldstein Samuel and Goldstein Loreen
Seller's Agent
Eric Layne
COMPASS
Buyer's Agent
Kim Antolini
Corcoran HM Properties
List Price
$689,500
Sold Price
$700,251
Premium/Discount to List
$10,751
1.56%
Views
4

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.77%
Original Mortgage
$700,251
Outstanding Balance
$673,423
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$175,395

Purchase Details

Listed on
Jun 21, 2010
Closed on
May 1, 2012
Sold by
Estate Of Richard H Schwartz
Bought by
Wells Jerry Lee and Motta Sharmila
Seller's Agent
Bob Bunzey
ERA Live Moore
Buyer's Agent
Shawn Knight
Helen Adams Realty
List Price
$65,000
Sold Price
$50,000
Premium/Discount to List
-$15,000
-23.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.68%
Original Mortgage
$260,232
Interest Rate
3.91%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 11, 2007
Sold by
K & P Development Llc
Bought by
Schwartz Richard H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,050
Interest Rate
6.44%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 13, 2006
Sold by
Weisberg Barbara and Weisberg Frank
Bought by
K & P Development Llc

Purchase Details

Closed on
Jun 7, 2000
Sold by
Frank Arthur B and Frank Esther R
Bought by
Weisberg Barbara F and Soloman Joan F
Source: Public Records

Range of Values:

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ICE

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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 Type Sale Price Title Company
Warranty Deed $700,500 Masters Title
Warranty Deed $50,000 None Available
Warranty Deed $62,500 None Available
Warranty Deed $25,000 Chicago Title Insurance Co
Gift Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $700,251 New Conventional
Previous Owner $260,232 Construction
Previous Owner $56,050 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/03/2025 10/03/25 For Sale $875,000 +25.0% $255 / Sq Ft
03/10/2023 03/10/23 Sold $700,251 +1.6% $204 / Sq Ft
01/26/2023 01/26/23 Pending -- -- --
01/26/2023 01/26/23 For Sale $689,500 +1279.0% $201 / Sq Ft
05/23/2012 05/23/12 Sold $50,000 -23.1% --
05/22/2012 05/22/12 Pending -- -- --
06/21/2010 06/21/10 For Sale $65,000 -- --
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 $4,433 $584,800 $162,100 $422,700
2024 $4,433 $584,800 $162,100 $422,700
2023 $4,370 $584,800 $162,100 $422,700
2022 $4,072 $442,200 $123,600 $318,600
2021 $4,072 $442,200 $123,600 $318,600
2020 $4,006 $442,200 $123,600 $318,600
2019 $4,000 $442,200 $123,600 $318,600
2018 $3,802 $293,000 $51,700 $241,300
2017 $3,410 $293,000 $51,700 $241,300
2016 $3,407 $293,000 $51,700 $241,300
2015 $3,403 $293,000 $51,700 $241,300
2014 $3,723 $327,200 $51,700 $275,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR948466

Canopy MLS (Canopy Realtor® Association)

APN: 227-027-52