$525,000
SOLD JUL 28, 2025

5001 Margaret Wallace Rd Matthews, NC 28105

4.05 Acres
$129,630 Price per Acre
176,418 Sq Ft Lot

Recently Sold

17% Below List Price

251 Days on Market

About This Lot

As of July 2025

Fantastic opportunity for developers in Mint Hill, NC! This property offers approximately 1,000 feet of road frontage on +/- 4 acres of vacant land at the corner of Margaret Wallace Rd and Stoney Glen Dr. The land is partially zoned O-A(CD) and partially zoned residential. Potential uses include various commercial and residential options, subject to city approval. The property is being sold 'as is.' It’s conveniently located near shopping, highways, and Uptown Charlotte. Prime location!

Last Agent to Sell the Property

Young Choi

Keller Williams Ballantyne Area Brokerage Email: youngchoi@kw.com License #133991 Listed on: 09/04/2024

Keller Williams Ballantyne Area

Co-Listed By

SheAh Zhu

Keller Williams Ballantyne Area Brokerage Email: youngchoi@kw.com License #276749

Last Buyer's Agent

Young Choi

Keller Williams Ballantyne Area Brokerage Email: youngchoi@kw.com License #133991 Listed on: 09/04/2024

Keller Williams Ballantyne Area

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,281

Lot Details

  • Possible uses of the property include Commercial, Residential
  • Property is zoned O-A, R

Listing and Financial Details

  • Assessor Parcel Number 13515101

Property Details

Property Type

Land

Est. Annual Taxes

$3,281

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Unimproved Commercial
  • Habitable Residence Yn: No
  • Restrictions: Other - See Remarks
  • Restrictions Description: The buyer needs to check with the City of Mint Hill based on their specific needs.
  • Road Surface Type: Other
  • Geocode Confidence: High
  • Attribution Contact: youngchoi@kw.com
  • Special Features: None

Interior Features

  • Possible Use: Commercial, Residential

Garage/Parking

  • Carport Y N: No
  • Open Parking: No

Utilities

  • Sewer: None
  • Water Source: None

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Lot Size Area: 4.05
  • Lot Size Units: Acres
  • Parcel Number: 13515101
  • Can Be Subdivided: 1
  • Zoning Specification: O-A, R

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2024
Closed on
Jun 28, 2025
Sold by
Choi Sungbok and Jin Soon
Bought by
5930 Investments Llc
Seller's Agent
Young Choi
Keller Williams Ballantyne Area
Buyer's Agent
Young Choi
Keller Williams Ballantyne Area
List Price
$630,000
Sold Price
$525,000
Premium/Discount to List
-$105,000
-16.67%
Views
37

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
261.41%
Original Mortgage
$214,000
Outstanding Balance
$196,719
Interest Rate
6.84%
Mortgage Type
Construction
Estimated Equity
$439,870

Purchase Details

Listed on
Oct 20, 2016
Closed on
Feb 10, 2017
Sold by
Belmont Residential Llc
Bought by
Choi Sungbok and Choi Jin Soon
Seller's Agent
Jason Noblitt
Dickens Mitchener & Associates Inc
Buyer's Agent
Suzanne Fernandez
Fathom Realty NC LLC
List Price
$69,000
Sold Price
$90,000
Premium/Discount to List
$21,000
30.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.15%

Purchase Details

Listed on
Sep 22, 2015
Closed on
Sep 14, 2016
Sold by
Vietje Klaas and Vietje Frances M
Bought by
Belmont Resdiential Lc
Seller's Agent
Jason Noblitt
Dickens Mitchener & Associates Inc
Buyer's Agent
Jason Noblitt
Dickens Mitchener & Associates Inc
List Price
$175,000
Sold Price
$45,000
Premium/Discount to List
-$130,000
-74.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
442.27%

Purchase Details

Closed on
Oct 31, 2014
Sold by
Vietje Frances and Vietje Klaas
Bought by
The Klaas Vietje Revocable Trust

Purchase Details

Closed on
Aug 26, 2011
Sold by
Vietje Frances
Bought by
Vietje Frances and Vietje Klaas

Purchase Details

Closed on
Nov 19, 2003
Sold by
Crown Of Glory Covenant Church Inc
Bought by
Edwards Horace B
Source: Public Records

Range of Values:

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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

Date Type Sale Price Title Company
Warranty Deed $525,000 Investors Title
Warranty Deed $90,000 None Available
Warranty Deed -- None Available
Warranty Deed $45,000 None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Chicago Title Insurance Co
Warranty Deed $177,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $214,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2025 07/28/25 Sold $525,000 -16.7% --
09/04/2024 09/04/24 For Sale $630,000 +600.0% --
02/10/2017 02/10/17 Sold $90,000 +30.4% --
01/13/2017 01/13/17 Pending -- -- --
10/20/2016 10/20/16 For Sale $69,000 +53.3% --
09/14/2016 09/14/16 Sold $45,000 -74.3% --
08/15/2016 08/15/16 Pending -- -- --
09/22/2015 09/22/15 For Sale $175,000 -- --
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
2025 $3,281 $463,300 $463,100 $200
2024 $3,281 $463,300 $463,100 $200
2023 $3,281 $529,400 $529,200 $200
2022 $1,530 $175,500 $175,300 $200
2021 $1,530 $175,500 $175,300 $200
2020 $1,530 $175,500 $175,300 $200
2019 $1,530 $175,500 $175,300 $200
2018 $1,737 $158,900 $158,700 $200
2017 $1,725 $158,900 $158,700 $200
2016 $1,725 $158,900 $158,700 $200
2015 $1,725 $158,900 $158,700 $200
2014 $1,725 $158,900 $158,700 $200
Source: Public Records

Agents Affiliated with this Home

  • Y

    Seller's Agent in 2025

    Young Choi

    Keller Williams Ballantyne Area

    (704) 589-3983

    1 in this area

    10 Total Sales

    Young Choi
    Section Image
  • SheAh Zhu

    Seller Co-Listing Agent in 2025

    SheAh Zhu

    Keller Williams Ballantyne Area

    (704) 497-6908

    5 in this area

    107 Total Sales

    SheAh Zhu
    Section Image
  • Jason Noblitt

    Seller's Agent in 2017

    Jason Noblitt

    Dickens Mitchener & Associates Inc

    (704) 309-4889

    1 in this area

    91 Total Sales

    Jason Noblitt
    Section Image
  • Suzanne Fernandez

    Buyer's Agent in 2017

    Suzanne Fernandez

    Fathom Realty NC LLC

    (704) 651-5303

    23 Total Sales

    Suzanne Fernandez
    Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4179319

Canopy MLS (Canopy Realtor® Association)

APN: 135-151-01

North Carolina Mecklenburg County Matthews 28105

5001 Margaret Wallace Rd, Matthews, NC

This home is located at 5001 Margaret Wallace Rd, Matthews, NC 28105 and is currently priced at $525,000. 5001 Margaret Wallace Rd is a home located in Mecklenburg County with nearby schools including Northeast Middle, Independence High, and Matthews Christian Academy.

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