NOT LISTED FOR SALE

305 Timber Ln Matthews, NC 28104

Estimated Value: $677,997 - $833,000

3 Beds
3 Baths
2,932 Sq Ft
$247/Sq Ft Est. Value

Last Sold March 11, 2022

Last sale price $615,300 $210 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $4,075/month

4 Days on Market

Highlights

  • Deck
  • Private Lot
  • Screened Porch
  • Weddington Elementary School Rated A
  • Wood Flooring
  • Laundry Room

About This Home

As of March 2022

You truly won’t want to miss this gorgeous 4 bedroom, 3 bath home on 1.62 acres of tranquil privacy. This home features high-end granite countertops, a butcher block style kitchen island, SS appliances, deep farm style kitchen sink, fantastic back deck overlooking large fenced-in back yard, beautiful flooring throughout the home, fully finished basement, 2 car side load garage and so much more! This home is an oasis.

Last Agent to Sell the Property

Margaret Craker

Mark Spain Real Estate License #314912 Listed on: 02/14/2022

Mark Spain Real Estate

Last Buyer's Agent

Tiffany Johannes

RE/MAX Executive License #259439

RE/MAX Executive

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,833

Year Built

  • Built in 1995

Lot Details

  • Fenced
  • Private Lot
  • Level Lot

Home Design

  • Brick Exterior Construction
  • Hardboard

Interior Spaces

  • Ceiling Fan
  • Living Room with Fireplace
  • Screened Porch

Kitchen

  • Gas Oven
  • Gas Range
  • Range Hood
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms
  • Garden Bath

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Garage
  • Side Facing Garage

Outdoor Features

  • Deck

Schools

  • Weddington Elementary And Middle School
  • Weddington High School

Utilities

  • Central Heating
  • Septic Tank

Community Details

  • White Oaks Subdivision

Listing and Financial Details

  • Assessor Parcel Number 06123033

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,833

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1995
  • Ratio Current Price By Acre: 379814.81
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: None
  • Structure Type: One Story Basement
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Foundation Details: Basement Fully Finished
  • Fireplace: Yes
  • Flooring: Hardwood, Tile, Vinyl
  • Interior Amenities: Garden Tub, Kitchen Island
  • Fixture Exception Yn: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1477
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Porch: Deck,Screened
  • Appliances: Ceiling Fan(s), Dishwasher, Dryer, Electric Dryer Hookup, Exhaust Hood, Gas Oven, Gas Range, Plumbed For Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1455
  • Fireplace Features: Living Room
  • Living Area: 2932
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Half Bathrooms: 0
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Half Bathrooms: 0

Exterior Features

  • Exterior Features: Fence
  • New Construction: No
  • Construction Status: Complete
  • Tax Location: Union
  • Construction Type: Site Built
  • Construction Type: Brick Partial, Hardboard Siding

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 560
  • Parking Features: Garage - 2 Car, Side Load Garage

Utilities

  • Heating: Central
  • Sewer: Septic Installed
  • Water Heater: Electric
  • Laundry Features: In Basement
  • Water Source: Well

Condo/Co-op/Association

  • Hoa Subject To Dues: No

Schools

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

Lot Info

  • Lot Features: Level, Private
  • Lot Size Area: 1.62
  • Lot Size Units: Acres
  • Parcel Number: 06123033
  • Zoning Description: SFR

Tax Info

  • RATIO List Price By Tax Amount: 1.51226

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Weddington
  • High School: Weddington

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2022
Closed on
Apr 22, 2022
Sold by
Ribbon Home Spv Ii Llc
Bought by
Presson Christopher Lane and Presson Dawn Mechelle
Seller's Agent
Margaret Craker
Mark Spain Real Estate
Buyer's Agent
Tiffany Johannes
RE/MAX Executive
List Price
$586,000
Sold Price
$615,300
Premium/Discount to List
$29,300
5%
Current Estimated Value
$724,249

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,949
Avg. Annual Appreciation
4.63%
Original Mortgage
$340,000
Outstanding Balance
$320,157
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$403,749

Purchase Details

Listed on
Feb 14, 2022
Closed on
Mar 9, 2022
Sold by
Opendoor Property Trust
Bought by
Ribbon Home Spv Ii Llc
Seller's Agent
Margaret Craker
Mark Spain Real Estate
Buyer's Agent
Tiffany Johannes
RE/MAX Executive
List Price
$586,000
Sold Price
$615,300
Premium/Discount to List
$29,300
5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Outstanding Balance
$320,157
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$403,749

Purchase Details

Closed on
Nov 17, 2021
Sold by
Barnes Leah C and Barnes Corey C
Bought by
Opendoor Property Trust I

Purchase Details

Listed on
Jun 19, 2019
Closed on
Aug 6, 2019
Sold by
Mandeville Kenneth P and Sabolis Alyssa Whitney
Bought by
Barnes Corey C and Barnes Leah C
Seller's Agent
Donna Plyler
ProStead Realty
Buyer's Agent
Scott Byerly
RE/MAX Executive
List Price
$485,000
Sold Price
$440,000
Premium/Discount to List
-$45,000
-9.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.39%
Original Mortgage
$352,000
Interest Rate
3.42%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 25, 2012
Sold by
Reed Mark A and Reed Diane C
Bought by
Mandeville Kenneth P and Sabolis Alyssa W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,520
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 17, 1996
Sold by
Reed Mark A and Wife Diane C
Bought by
Reed Mark A and Wife Diane C
Source: Public Records

Range of Values:

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Average Value
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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
Presson Christopher Lane $579,500 Hankin & Pack Pllc
Ribbon Home Spv Ii Llc $615,500 Chicago Title
Opendoor Property Trust I $555,000 Chicago Title Insurance Co
Opendoor Property Trust $555,000 Chicago Title
Barnes Corey C $440,000 None Available
Mandeville Kenneth P $215,000 None Available
Reed Mark A $220,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Presson Christopher Lane $340,000
Previous Owner Barnes Corey C $352,000
Previous Owner Mandeville Kenneth P $210,520
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/11/2022 03/11/22 Sold $615,300 +5.0% $210 / Sq Ft
02/18/2022 02/18/22 Pending -- -- --
02/14/2022 02/14/22 For Sale $586,000 +33.2% $200 / Sq Ft
08/09/2019 08/09/19 Sold $440,000 -3.9% $139 / Sq Ft View Prior Sale
07/03/2019 07/03/19 Pending -- -- --
06/27/2019 06/27/19 Price Changed $458,000 -5.6% $145 / Sq Ft
06/25/2019 06/25/19 For Sale $485,000 0.0% $153 / Sq Ft
06/21/2019 06/21/19 Pending -- -- --
06/19/2019 06/19/19 For Sale $485,000 -- $153 / 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
2024 $2,833 $393,500 $95,200 $298,300
2023 $2,453 $387,500 $95,200 $292,300
2022 $2,465 $387,500 $95,200 $292,300
2021 $2,465 $387,500 $95,200 $292,300
2020 $2,881 $394,170 $88,070 $306,100
2019 $3,086 $394,170 $88,070 $306,100
2018 $0 $394,170 $88,070 $306,100
2017 $3,079 $394,200 $88,100 $306,100
2016 $3,022 $394,170 $88,070 $306,100
2015 $3,061 $394,170 $88,070 $306,100
2014 $2,115 $307,860 $202,250 $105,610
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3829767

Canopy MLS (Canopy Realtor® Association)

APN: 06-123-033