NOT LISTED FOR SALE

432 Raintree Dr Matthews, NC 28104

Estimated Value: $522,000 - $856,000

5 Beds
3.5 Baths
3,112 Sq Ft
$245/Sq Ft Est. Value

Last Sold October 05, 2023

Last sale price $750,000 $241 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $4,234/month

1 Day on Market

Highlights

  • In Ground Pool
  • Deck
  • Wooded Lot
  • Antioch Elementary School Rated A
  • Private Lot
  • Traditional Architecture

About This Home

As of October 2023

Beautiful 5 bed/3.5 bath home on private 2.5+ acre wooded lot is ready for new owners! Buyers will love the landscaped paver walkway leading to the covered front porch. The large eat in kitchen w/ abundant storage & counter space is open to the dining room making entertaining a breeze! Spacious family room w/ wet bar area & cozy wood burning fireplace & formal living room area other great spaces to gather! Main level primary suite has an office, 3 walk in closets & spa like bath! Upper level features a 2nd primary suite w/a completely renovated bathroom, 3 additional bedrooms & another renovated full bath, providing space for everyone! Enjoy outdoor living with large patio space surrounding the in ground pool, back deck and cabana! Sellers added a detached oversize 3 car garage w/covered patio and many more improvements, please see attached list! This turn key home, in desired Weddington school district checks all the boxes! Start living your dream today!

Last Agent to Sell the Property

Mike Abernethy

EXP Realty LLC Ballantyne Brokerage Email: Mike@AbernethyProperties.com License #273651 Listed on: 08/25/2023

EXP Realty LLC Ballantyne

Last Buyer's Agent

Nathaniel Duclos

Coldwell Banker Realty License #270640

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,285

Year Built

  • Built in 1979

Lot Details

  • Lot Dimensions are 147x523x256x622
  • Back Yard Fenced
  • Private Lot
  • Wooded Lot
  • Property is zoned AP4

Parking

  • 3 Car Detached Garage
  • Driveway

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Hardboard

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • Wood Burning Fireplace
  • Insulated Windows
  • Entrance Foyer
  • Family Room with Fireplace
  • Crawl Space
  • Pull Down Stairs to Attic
  • Laundry Room

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • Whirlpool Bathtub

Outdoor Features

  • In Ground Pool
  • Deck
  • Covered Patio or Porch
  • Shed

Schools

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

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • Rain Forest Subdivision

Listing and Financial Details

  • Assessor Parcel Number 07-150-025-A

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,285

Year Built

Built in 1979

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 1979
  • Restrictions: No Representation
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Asphalt, Concrete, Paved
  • Unit Levels: Two
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 241.00
  • Geocode Confidence: High
  • Attribution Contact: Mike@AbernethyProperties.com
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Crawl Space, Slab
  • Fireplace: Yes
  • Flooring: Hardwood, Tile
  • Interior Amenities: Attic Stairs Pulldown, Cable Prewire, Entrance Foyer, Walk-In Closet(s), Wet Bar, Whirlpool
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 2207
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 905
  • Appliances: Dishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave, Plumbed For Ice Maker, Refrigerator, Trash Compactor, Washer/Dryer
  • Above Grade Finished Sq Ft: 3112
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Family Room, Wood Burning
  • Living Area: 3112
  • Window Features: Insulated Window(s)
  • Bedroom Main: 1
  • Room Count: 14

Exterior Features

  • Exterior Features: In Ground Pool
  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Fencing: Back Yard
  • Exclusions: invisible fence, power supply and collars as well as 2 palm trees by the pool do not convey
  • Construction Type: Fiber Cement, Hardboard Siding
  • Other Structures: Shed(s), Other - See Remarks
  • Patio And Porch Features: Covered, Deck, Front Porch

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 1026
  • Carport Y N: No
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway, Detached Garage

Utilities

  • Heating: Heat Pump
  • Sewer: Septic Installed
  • Laundry Features: Laundry Room, Main Level
  • Cooling: Heat Pump
  • Water Source: County Water

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: Private, Wooded
  • Lot Size Area: 2.59
  • Lot Size Units: Acres
  • Parcel Number: 07-150-025-A
  • Zoning: AP4
  • Lot Size: 147x523x256x622
  • ResoLotSizeUnits: Acres
  • Zoning Specification: AP4

Green Features

  • Green Verification Count: 0

MLS Schools

  • Elementary School: Antioch
  • High School: Weddington

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2023
Closed on
Oct 3, 2023
Sold by
Kutz Jeremiah and Kutz Carolyn Ann
Bought by
Stevens Thomas and Dececchin Maria De
Seller's Agent
Mike Abernethy
EXP Realty LLC Ballantyne
Buyer's Agent
Nathaniel Duclos
Coldwell Banker Realty
List Price
$725,000
Sold Price
$750,000
Premium/Discount to List
$25,000
3.45%
Views
49
Current Estimated Value
$762,720

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,720
Avg. Annual Appreciation
0.85%
Original Mortgage
$637,500
Interest Rate
7.23%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 16, 2017
Closed on
Nov 8, 2017
Sold by
Austin Terry S
Bought by
Kutz Jeremiah and Kutz Carolyn Ann
Seller's Agent
Pamela Baetz
Keller Williams Select
Buyer's Agent
Vickie Crawford
COMPASS
List Price
$500,000
Sold Price
$375,000
Premium/Discount to List
-$125,000
-25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.44%
Original Mortgage
$387,375
Interest Rate
3.83%
Mortgage Type
VA
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
Stevens Thomas $750,000 None Listed On Document
Kutz Jeremiah $375,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stevens Thomas $637,500
Previous Owner Kutz Jeremiah $387,375
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2023 10/05/23 Sold $750,000 +3.4% $241 / Sq Ft
08/27/2023 08/27/23 Pending -- -- --
08/25/2023 08/25/23 For Sale $725,000 +93.3% $233 / Sq Ft
11/09/2017 11/09/17 Sold $375,000 -25.0% $119 / Sq Ft
10/05/2017 10/05/17 Pending -- -- --
03/16/2017 03/16/17 For Sale $500,000 -- $159 / 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 $2,285 $268,700 $65,500 $203,200
2023 $1,900 $268,700 $65,500 $203,200
2022 $1,900 $268,700 $65,500 $203,200
2021 $1,898 $268,700 $65,500 $203,200
2020 $2,938 $373,890 $84,990 $288,900
2019 $3,676 $373,890 $84,990 $288,900
2018 $2,772 $354,890 $84,990 $269,900
2017 $3,670 $354,900 $85,000 $269,900
2016 $2,899 $354,890 $84,990 $269,900
2015 $2,936 $354,890 $84,990 $269,900
2014 $1,448 $204,560 $55,860 $148,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4058073

Canopy MLS (Canopy Realtor® Association)

APN: 07-150-025-A