NOT LISTED FOR SALE

227 Morris Rd Matthews, NC 28105

Estimated Value: $262,435 - $300,000

2.25 Acres
$123,604 Price per Acre
98,010 Sq Ft Lot

Last Sold August 11, 2022

Last sale price $230,000 $249 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $1,624/month

187 Days on Market

About This Lot

As of August 2022

This is your chance to own prime real estate in a great location. Walking distance to downtown Matthews, and less than a mile to the Matthews Sportsplex. This 2.25 acres is very close to 485 and housing developments all around the area. Greenway trail in the back of the property. Calling all investors and builders, or anyone that is looking to build their dream home. Bring your ideas and offers. Land is the only thing of value on the property. Please Submit offers by this 4/23.

Last Agent to Sell the Property

Jacques Ikolo

Cornerstone Real Estate Group License #332605 Listed on: 02/05/2022

Last Buyer's Agent

Jennifer Linauer

S and B Real Estate LLC License #292188

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,773

Year Built

  • 1945

Lot Details

  • Property fronts an interstate
  • Possible uses of the property include Industry, Multi-Family, Private Estate, Recreational/2nd House, Residential, Subdevelopment
  • Zoning described as CRC2

Schools

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

Listing and Financial Details

  • Assessor Parcel Number 215-042-11

Property Details

Property Type

Land

Est. Annual Taxes

$1,773

Year Built

1945

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Lots/Acres/Farms
  • Habitable Residence Yn: No
  • Ratio Current Price By Acre: 102222.22
  • Restrictions: No Representation
  • Road Frontage Type: City Street, Interstate
  • Structure Type: Acreage
  • ResoPropertyType: Land
  • Special Features: None
  • Year Built: 1945

Interior Features

  • Fixture Exception Yn: 0
  • Possible Use: Industry, Multi-Family, Private Estate, Recreational/2nd House, Residential, Subdevelopment

Exterior Features

  • Tax Location: No City Taxes Paid

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Schools

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

Lot Info

  • Lot Size Area: 2.25
  • Lot Size Units: Acres
  • Parcel Number: 215-042-11
  • Out Buildings Yn: 0
  • Zoning Description: CRC2
  • ResoLotSizeUnits: Acres

Tax Info

  • RATIO List Price By Tax Amount: 0.77636

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Matthews
  • High School: Butler

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2022
Closed on
Aug 11, 2022
Sold by
Alexander Kenneth D and Alexander Alfreto
Bought by
Adp Mecklenburg Llc
Seller's Agent
Jacques Ikolo
Cornerstone Real Estate Group
Buyer's Agent
Jennifer Linauer
S and B Real Estate LLC
List Price
$300,000
Sold Price
$230,000
Premium/Discount to List
-$70,000
-23.33%
Total Days on Market
187
Current Estimated Value
$278,109

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,109
Avg. Annual Appreciation
6.92%

Purchase Details

Closed on
Jan 1, 1975
Bought by
Alexander Kenneth
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Adp Mecklenburg Llc $230,000 Costner Law Office Pllc
Alexander Kenneth -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2022 08/11/22 Sold $230,000 -19.3% $249 / Sq Ft
04/20/2022 04/20/22 Price Changed $285,000 -3.4% $308 / Sq Ft
03/13/2022 03/13/22 Price Changed $295,000 -1.7% $319 / Sq Ft
02/05/2022 02/05/22 For Sale $300,000 -- $325 / Sq Ft
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
2023 $1,773 $239,700 $239,700 $0
2022 $3,293 $367,100 $312,400 $54,700
2021 $3,387 $367,100 $312,400 $54,700
2020 $3,332 $367,100 $312,400 $54,700
2019 $3,326 $367,100 $312,400 $54,700
2018 $1,751 $146,300 $102,100 $44,200
2017 $1,715 $146,300 $102,100 $44,200
2016 $1,711 $146,300 $102,100 $44,200
2015 -- $146,300 $102,100 $44,200
2014 $1,742 $152,400 $102,100 $50,300
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    Jacques Ikolo

    Cornerstone Real Estate Group

    (704) 906-5507

    1 in this area

    1 Total Sale

    Jacques Ikolo
    Section Image
  • Jennifer Linauer

    Buyer's Agent in 2022

    Jennifer Linauer

    S and B Real Estate LLC

    (704) 640-5747

    11 in this area

    49 Total Sales

    Jennifer Linauer
    Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3827211

Canopy MLS (Canopy Realtor® Association)

APN: 215-042-11

North Carolina Mecklenburg County Matthews 28105

227 Morris Rd, Matthews, NC

This home is located at 227 Morris Rd, Matthews, NC 28105 since 05 February 2022 and is currently estimated at $278,109, approximately $300 per square foot. This property was built in 1945. 227 Morris Rd is a home located in Mecklenburg County with nearby schools including Matthews Elementary, Crestdale Middle School, and Butler High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Canopy MLS (Canopy Realtor® Association) Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked.
Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

Nearby Homes