NOT LISTED FOR SALE

401 Red Barn Trail Matthews, NC 28104

Estimated Value: $783,000 - $1,027,223

2 Beds
2 Baths
2,392 Sq Ft
$365/Sq Ft Est. Value

Last Sold May 19, 2023

Last sale price $950,000 $397 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $4,924/month

13 Days on Market

Highlights

  • Equestrian Center
  • Open Floorplan
  • Wooded Lot
  • Antioch Elementary School Rated A
  • Private Lot
  • Wood Flooring

About This Home

As of May 2023

This property has it all! Relax in a totally renovated bungalow with open floorplan overlooking almost seven acres of beautiful property that includes pond, barn, stable, and fenced pasture. Weddington schools, low Union County taxes, but convenient to Charlotte shopping. No HOA dues. Kitchen with white cabinetry, quartz counters, farm sink, stainless appliances, subway backsplash, pendant and recessed lighting over bar space. Large owner’s suite with exposed beam, ceiling fan, walk-in-in closet, skylight & view of pond. Luxurious bath features raised dual vanities with quartz & oversized shower. Gorgeous hardwoods on main floor. Downstairs has secondary bedroom, bath with tub, large bonus room with huge closet.
Truly a retreat from the city life. Don’t miss!

Last Agent to Sell the Property

Tim Severs

Howard Hanna Allen Tate Southpark Brokerage Email: team.severs@allentate.com License #74650 Listed on: 04/07/2023

Howard Hanna Allen Tate Southpark

Last Buyer's Agent

Lisa Zederbaum

Mackey Realty LLC License #293429

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,282

Year Built

  • Built in 1986

Lot Details

  • Lot Dimensions are 404x958x466x670
  • Fenced
  • Private Lot
  • Wooded Lot
  • Property is zoned AP4

Parking

  • 3 Open Parking Spaces

Home Design

  • Bungalow
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Insulated Windows
  • Wood Flooring
  • Permanent Attic Stairs
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 2 Full Bathrooms

Finished Basement

  • Walk-Out Basement
  • Natural lighting in basement

Outdoor Features

  • Access to stream, creek or river
  • Covered Patio or Porch
  • Separate Outdoor Workshop
  • Shed

Schools

  • Antioch Elementary School
  • Weddington Middle School
  • Weddington High School

Farming

  • Feed Barn
  • Machine Shed
  • Pasture

Horse Facilities and Amenities

  • Equestrian Center
  • Stables

Utilities

  • Forced Air Heating and Cooling System
  • Geothermal Heating and Cooling
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 07-141-045
  • Tax Block 472

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,282

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Year Built: 1986
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Concrete, Gravel, Paved
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 397.16
  • Geocode Confidence: High
  • Attribution Contact: team.severs@allentate.com
  • Special Features: None

Interior Features

  • Foundation Details: Basement
  • Fireplace: No
  • Flooring: Wood
  • Interior Amenities: Attic Stairs Fixed, Breakfast Bar, Kitchen Island, Open Floorplan
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1412
  • 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: 447
  • Sq Ft Unheated Upper: 447
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Electric Oven, Electric Water Heater, Microwave, Plumbed For Ice Maker
  • Above Grade Finished Sq Ft: 1412
  • Has Basement: Daylight, Finished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 980
  • Door Features: Insulated Door(s)
  • Living Area: 2392
  • Window Features: Insulated Window(s)
  • Bedroom Main: 1
  • Room Count: 12
  • Bedroom Basement: 1

Exterior Features

  • Exterior Features: Fence
  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Construction Type: Wood
  • Other Structures: Barn(s), Feed Barn, Shed(s), Tractor Shed, Workshop
  • Patio And Porch Features: Covered, Front Porch, Side Porch

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking Spaces: 3
  • Open Parking: Yes
  • Parking Features: Parking Space(s)

Utilities

  • Heating: Electric, Forced Air, Geothermal
  • Sewer: Septic Installed
  • Laundry Features: Laundry Closet, Lower Level
  • Cooling: Ceiling Fan(s), Central Air
  • Water Source: Well

Condo/Co-op/Association

  • Hoa Subject To Dues: No
  • Senior Community: No

Schools

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

Lot Info

  • Lot Features: Flood Plain/Bottom Land, Pasture, Pond(s), Private, Creek/Stream, Wooded
  • Lot Size Area: 6.8
  • Lot Size Units: Acres
  • Parcel Number: 07-141-045
  • Zoning: AP4
  • Plat Book Slide: 7511
  • Plat Reference Section Pages: 472
  • Horse Amenities: Equestrian Facilities, Stable(s)
  • Lot Size: 404x958x466x670
  • ResoLotSizeUnits: Acres
  • Zoning Specification: AP4

Green Features

  • Green Verification Count: 0

Tax Info

  • Tax Block: 472

MLS Schools

  • Elementary School: Antioch
  • High School: Weddington

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2023
Closed on
May 19, 2023
Sold by
Neal Jason Todd and Neal Jennifer Elizabeth
Bought by
Hobbs Robert D and Hobbs Brandi M
Seller's Agent
Tim Severs
Howard Hanna Allen Tate Southpark
Buyer's Agent
Lisa Zederbaum
Mackey Realty LLC
List Price
$985,000
Sold Price
$950,000
Premium/Discount to List
-$35,000
-3.55%
Views
79
Current Estimated Value
$873,556

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$76,444
Avg. Annual Appreciation
-3.46%
Original Mortgage
$760,000
Outstanding Balance
$738,440
Interest Rate
6.28%
Mortgage Type
New Conventional
Estimated Equity
$135,116

Purchase Details

Listed on
Jul 10, 2019
Closed on
Nov 7, 2019
Sold by
Sinkoe Marci A
Bought by
Neal Jason Todd and Neal Jennifer Elizabeth
Seller's Agent
Gordon Babb
Rockstar Agent Real Estate LLC
Buyer's Agent
Tim Severs
Howard Hanna Allen Tate Southpark
List Price
$460,000
Sold Price
$400,000
Premium/Discount to List
-$60,000
-13.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.77%
Original Mortgage
$380,000
Interest Rate
3.6%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Hobbs Robert D $950,000 None Listed On Document
Neal Jason Todd $400,000 Harbor City Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hobbs Robert D $760,000
Previous Owner Neal Jason Todd $380,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/19/2023 05/19/23 Sold $950,000 -3.6% $397 / Sq Ft
04/21/2023 04/21/23 Pending -- -- --
04/07/2023 04/07/23 For Sale $985,000 +146.3% $412 / Sq Ft
11/07/2019 11/07/19 Sold $400,000 -10.1% $202 / Sq Ft View Prior Sale
09/23/2019 09/23/19 Pending -- -- --
08/21/2019 08/21/19 Price Changed $445,000 -3.3% $225 / Sq Ft
07/10/2019 07/10/19 For Sale $460,000 -- $232 / 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 $3,282 $389,400 $145,000 $244,400
2023 $3,260 $389,400 $145,000 $244,400
2022 $3,260 $389,400 $145,000 $244,400
2021 $3,257 $389,400 $145,000 $244,400
2020 $2,166 $275,730 $176,430 $99,300
2019 $2,727 $275,730 $176,430 $99,300
2018 $2,153 $275,730 $176,430 $99,300
2017 $2,866 $275,700 $176,400 $99,300
2016 $2,252 $275,730 $176,430 $99,300
2015 $2,281 $275,730 $176,430 $99,300
2014 $1,977 $274,800 $219,850 $54,950
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4015724

Canopy MLS (Canopy Realtor® Association)

APN: 07-141-045