NOT LISTED FOR SALE

227 Morris Rd Matthews, NC 28105

Estimated Value: $252,000 - $466,000

2.25 Acres
$144,736 Price per Acre
98,010 Sq Ft Lot

Sale Details

Date Sold: August 11, 2022

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

Est. 42% increase in value since last sale

Current estimated payment $2,083 / mo

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

S and B Real Estate LLC

Property Details

Property Type

  • Land

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

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

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 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

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
Feb 5, 2022
Closed on
Aug 11, 2022
Sold by
Bought by
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%
Current Estimated Value
$325,657

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,657
Avg. Annual Appreciation
9.53%

Purchase Details

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

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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
$230,000 None Listed On Document
-- --
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
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

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 -- $239,700 $239,700 --
2024 -- $239,700 $239,700 --
2023 -- $239,700 $239,700 --
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

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Map

Source: Canopy MLS

MLS Number: 3827211

Canopy MLS

APN: 215-042-11

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