NOT LISTED FOR SALE

515 Red Barn Trail Unit 13 Matthews, NC 28104

Estimated Value: $1,004,000 - $1,299,119

4 Beds
3.5 Baths
4,442 Sq Ft
$272/Sq Ft Est. Value

Last Sold June 13, 2019

Last sale price $660,000 $149 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $6,964/month

24 Days on Market

Highlights

  • Wooded Lot
  • Marble Flooring
  • Whirlpool Bathtub
  • Antioch Elementary School Rated A
  • Transitional Architecture
  • Separate Outdoor Workshop

About This Home

As of June 2019

Enjoy the feeling of living in two neighborhoods in one with this unique 4 BR 3.5 B custom built home on 5.8 acres of breathtaking wooded grounds. First the lovely winding driveway leads you gently through a sanctuary of trees, over the creek and bridge to the majestic estate. Then experience the wonderful thoughtfully designed quality craftsmanship of the home. This estate is loaded with luxury and close to shopping, parks, schools and only 25 minutes from SouthPark. It is truly an exquisite oasis in Matthews with the feel of country estate living paired with the convenience of being close the the "Queen City" and Waverly. Now offered $30,000 BELOW appraised value, an unheard of value for this much land and exceptionally well built custom designed estate. Come and experience the beauty of Red Barn Trail and make this your permanent address.

Last Agent to Sell the Property

Cynthia Wiley

Better Homes and Gardens Real Estate Paracle License #299539 Listed on: 03/29/2019

Better Homes and Gardens Real Estate Paracle

Last Buyer's Agent

Jennifer Ford

Mackey Realty LLC License #279826

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2007

Lot Details

  • Home fronts a stream
  • Front Green Space
  • Irrigation
  • Wooded Lot
  • Many Trees

Parking

  • Attached Garage

Home Design

  • Transitional Architecture

Interior Spaces

  • Gas Log Fireplace
  • Insulated Windows
  • Pull Down Stairs to Attic

Kitchen

  • Breakfast Bar
  • Kitchen Island

Flooring

  • Stone
  • Marble
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • Whirlpool Bathtub

Additional Features

  • Separate Outdoor Workshop
  • Cable TV Available

Community Details

  • Trails

Listing and Financial Details

  • Assessor Parcel Number 07-141-046

Home Details

Home Type

Single Family

Year Built

Built in 2007

Lot Details

0

Parking

3

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story Basement
  • Architectural Style: Transitional
  • Ratio Close Price By List Price: 1.01538
  • Ratio Close Price By Original Li: 1.01538
  • Ratio Current Price By Acre: 113597.25
  • Ratio Current Price By Sq Ft: 148.58
  • Year Built: 2007
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement Fully Finished, Basement Inside Entrance, Basement Outside Entrance, Brick, g-Sealed Crawl Space
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Total Bedrooms: 4
  • Doors and Windows: Insulated Windows
  • Equipment: Cable Prewire, Ceiling Fan(s), Cooktop Electric, Dishwasher, Disposal, Dryer, Microwave, Natural Gas, Refrigerator, Security System, Self Cleaning Oven, Surround Sound, Wall Oven, Washer
  • Fireplace Description: Gas Logs, Great Room
  • Fireplace: Yes
  • Flooring: Carpet, Marble, Stone, Tile
  • Interior Amenities: Attic Stairs Pulldown, Basement Shop, Breakfast Bar, Built-Ins, Cable Available, Kitchen Island, Pantry, Walk-In Closet(s), Walk-In Pantry, Whirlpool
  • Laundry Location: Main, Laundry Room
  • Room Count: 2
  • Sq Ft Additional: 66
  • Sq Ft Basement: 1627
  • Main Level Sq Ft: 2815
  • Total Sq Ft: 4442
  • Sq Ft Unheated Basement: 599
  • Sq Ft Unheated Main: 599
  • Sq Ft Unheated Total: 1198

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built
  • Exterior Features: Workshop, In-Ground Irrigation

Garage/Parking

  • Driveway: Asphalt, Concrete
  • Parking: Attached Garage, Driveway, Garage - 3 Car, Garage Door Opener, Parking Space - 4+, Side Load Garage

Utilities

  • Heating: Central Air, Gas Hot Air Furnace, Heat Pump - AC, Heat Pump - Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Walking Trails

Schools

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

Lot Info

  • Lot Features: Green Area, Sloping, Stream/Creek, Trees, Wooded
  • Lot Size Area: 5.810
  • Parcel Number: 07-141-046
  • Plat Reference Section Pages: 07-141-046
  • Zoning Specification: SF1

Tax Info

  • Tax Value: 548800.00
  • Tax Location: Monroe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 23, 2019
Sold by
Ribbon Home Spv I Llc
Bought by
Scott Rodney E and Scott Debra A
Current Estimated Value
$1,206,280

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$528,000
Outstanding Balance
$462,430
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$743,850

Purchase Details

Listed on
Mar 29, 2019
Closed on
Jun 11, 2019
Sold by
Hussey Dennis M and Hussey Marise A
Bought by
Ribbon Home Spv I Llc
Seller's Agent
Cynthia Wiley
Better Homes and Gardens Real Estate Paracle
Buyer's Agent
Jennifer Ford
Mackey Realty LLC
List Price
$650,000
Sold Price
$660,000
Premium/Discount to List
$10,000
1.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.01%
Original Mortgage
$25,000,000
Interest Rate
4.1%
Mortgage Type
Commercial
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 Buyer Sale Price Title Company
Scott Rodney E $660,000 None Available
Ribbon Home Spv I Llc $660,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scott Rodney E $528,000
Previous Owner Ribbon Home Spv I Llc $25,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/13/2019 06/13/19 Sold $660,000 +1.5% $149 / Sq Ft
04/23/2019 04/23/19 Pending -- -- --
04/18/2019 04/18/19 For Sale $650,000 0.0% $146 / Sq Ft
04/02/2019 04/02/19 Pending -- -- --
03/29/2019 03/29/19 For Sale $650,000 -- $146 / 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 $6,529 $783,600 $147,500 $636,100
2023 $6,485 $783,600 $147,500 $636,100
2022 $6,485 $783,600 $147,500 $636,100
2021 $6,480 $783,600 $147,500 $636,100
2020 $4,312 $548,820 $169,020 $379,800
2019 $5,355 $548,820 $169,020 $379,800
2018 $4,287 $548,820 $169,020 $379,800
2017 $5,631 $548,800 $169,000 $379,800
2016 $4,483 $548,820 $169,020 $379,800
2015 $4,515 $548,820 $169,020 $379,800
2014 -- $420,460 $220,630 $199,830
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3488858

Canopy MLS (Canopy Realtor® Association)

APN: 07-141-046