$395,000
SOLD AUG 28, 2025

5005 Cherry Gum Ct Matthews, NC 28105

3 Beds
2.5 Baths
1,385 Sq Ft
$299/mo HOA Fee

Recently Sold

$285 Per Sq Ft

8% Below List Price

0 Day on Market

Highlights

  • Under Construction
  • Mud Room
  • 2 Car Attached Garage
  • Charleston Architecture
  • Lawn
  • Community Playground

About This Home

As of August 2025

Prosperity Builders, this duet lives like single family home with lots of windows and light! Move in August 2025 right now Builder is offering up to $20k in flex dollars with preferred lender! Only 2 miles from charming downtown Matthews! Only 62 homes in this quaint community. 3 bedrooms with designated office space off primary bedroom, open plan with drop zone off rear load garage. Alley streets behind with green spaces and hammock stations in and around front yard. Designer-inspired interiors with 42" kitchen cabinets, granite countertops, stainless steel appliance package, luxury vinyl plank floors on main, recessed LED. Amenities include walking trails,sidewalks, playground and bark park.

Last Agent to Sell the Property

Susan Baumann

O'Shaughnessy New Homes LLC Brokerage Email: susan@prosperitybldr.com License #282148 Listed on: 04/07/2025

Last Buyer's Agent

Susan Baumann

O'Shaughnessy New Homes LLC Brokerage Email: susan@prosperitybldr.com License #282148 Listed on: 04/07/2025

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 2025 | Under Construction

Lot Details

  • Lawn

HOA Fees

  • $299 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Rear-Facing Garage
  • Garage Door Opener
  • Driveway
  • 2 Open Parking Spaces

Home Design

  • Home is estimated to be completed on 8/31/25
  • Charleston Architecture
  • Entry on the 2nd floor
  • Slab Foundation

Interior Spaces

  • 2-Story Property
  • Wired For Data
  • Mud Room
  • Vinyl Flooring

Kitchen

  • Electric Oven
  • Electric Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Mint Hill Elementary And Middle School
  • Butler High School

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Underground Utilities
  • Fiber Optics Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 21510411

Community Details

Overview

  • Cams Association, Phone Number (704) 731-5560
  • Built by Prosperity Builders
  • Sycamore Trail Subdivision
  • Mandatory home owners association

Recreation

  • Community Playground
  • Dog Park
  • Trails

Townhouse Details

Home Type

Townhome

Year Built

Built in 2025 | Under Construction

Lot Details

0

HOA Fees

$299 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Architectural Style: Charleston
  • Year Built: 2025
  • Proposed Completion Date: 2025-08-31
  • Road Surface Type: Concrete, Paved
  • Unit Levels: Two
  • Ratio CurrentPrice/TotalPropertyHLA: 285.20
  • Geocode Confidence: High
  • Attribution Contact: susan@prosperitybldr.com
  • Special Features: NewHome

Interior Features

  • Foundation Details: Slab
  • Entry Level: 2
  • Fireplace: No
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Drop Zone
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 693
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 692
  • Appliances: Dishwasher, Disposal, Electric Oven, Electric Range, Exhaust Fan
  • Above Grade Finished Sq Ft: 1385
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 1385
  • Bedroom Main: 0
  • Room Count: 1

Exterior Features

  • Exterior Features: Lawn Maintenance
  • New Construction: Yes
  • Roof: Shingle
  • Construction Type: Site Built
  • Construction Type: Fiber Cement

Garage/Parking

  • Main Level Garage YN: 1
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Parking Features: Driveway, Attached Garage, Garage Door Opener, Garage Faces Rear

Utilities

  • Heating: Central
  • Sewer: County Sewer
  • Laundry Features: Laundry Room
  • Cooling: Central Air
  • Utilities: Cable Connected, Electricity Connected, Fiber Optics, Phone Connected, Underground Power Lines, Underground Utilities, Wired Internet Available
  • Water Source: County Water

Condo/Co-op/Association

  • Community Features: Dog Park, Playground, Sidewalks, Walking Trails
  • Association Fee: 299
  • Association Fee Frequency: Monthly
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: CAMS
  • Phone: 704-731-5560

Association/Amenities

  • Association Annual Expense: 3588.00

Schools

  • Middle Or Junior School: Mint Hill
  • HOA Subject To: Required

Lot Info

  • Parcel Number: 21510411
  • Land Included Yn: 0
  • Development Status: Under Construction
  • Additional Parcels: No
  • Zoning Specification: R-12

Building Info

  • Builder Name: Prosperity Builders

Rental Info

  • Pets Allowed: Yes

MLS Schools

  • Elementary School: Mint Hill
  • High School: Butler

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2025
Closed on
Aug 28, 2025
Sold by
Matthews Mint Hill 2026 Llc
Bought by
Rananaware Ashwin
Seller's Agent
Susan Baumann
O'Shaughnessy New Homes LLC
Buyer's Agent
Susan Baumann
O'Shaughnessy New Homes LLC
List Price
$427,400
Sold Price
$395,000
Premium/Discount to List
-$32,400
-7.58%
Views
1

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
580.85%
Original Mortgage
$316,000
Outstanding Balance
$316,000
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$110,500
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 Type Sale Price Title Company
Special Warranty Deed $395,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $316,000 New Conventional
Closed $325,600 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2025 08/28/25 Sold $395,000 -7.6% $285 / Sq Ft
05/24/2025 05/24/25 For Sale $427,400 0.0% $309 / Sq Ft
04/07/2025 04/07/25 Pending -- -- --
04/07/2025 04/07/25 For Sale $427,400 -- $309 / 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
2025 -- $74,800 $74,800 --
2024 -- $74,800 $74,800 --
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4244102

Canopy MLS (Canopy Realtor® Association)

APN: 215-104-11