$870,000
SOLD APR 30, 2025

5501 Two Iron Dr Matthews, NC 28104

5 Beds
4 Baths
3,721 Sq Ft
0.47 Acres

Recently Sold

$234 Per Sq Ft

3% Above List Price

Highlights

  • Golf Course Community
  • Heated Pool and Spa
  • Open Floorplan
  • Stallings Elementary School Rated A
  • Golf Course View
  • Clubhouse

About This Home

As of April 2025

Nestled in the Emerald Lake golf course community, this home is more than a place to live—it’s a retreat. Step into the grand 2-story entry, where the wood floors welcome you into a space designed for comfort & connection. Mornings begin w/ coffee in the kitchen, while evenings unfold in the great room, filled w/ laughter & warmth. The upstairs primary suite is a sanctuary w/ a walk-in closet so spacious it feels like a private dressing room. Guests & family will love the convenience of a main level guest room & the upstairs bedrooms w/ ensuite or jack-n-jill baths. The true magic lies outside—your own backyard oasis. A heated Pebble Tec saltwater pool & spa invite you to unwind beneath the stars, w/ colorful lights setting the scene for endless summer nights. A three-car garage w/ custom cabinetry & a climate-controlled workout room complete the picture. This isn’t just a house—it’s the backdrop for life’s best moments. MAR 18-SEE SPECIAL FEATURES FLYER W/ ATTACHMENTS FOR MORE WOW!

Last Agent to Sell the Property

Jennifer Lambert

NextHome Paramount Brokerage Email: jen@jenniferlamberthomes.com License #297875 Listed on: 03/20/2025

NextHome Paramount

Last Buyer's Agent

Jennifer Korinchak

EXP Realty LLC Mooresville License #126244

EXP Realty LLC Mooresville

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,241

Year Built

  • Built in 2004

Lot Details

  • Cul-De-Sac
  • Back Yard Fenced
  • Corner Lot
  • Level Lot
  • Irrigation
  • Property is zoned AQ8

HOA Fees

  • $18 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Attached Carport
  • Driveway

Home Design

  • Traditional Architecture
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Wired For Data
  • Built-In Features
  • Ceiling Fan
  • French Doors
  • Entrance Foyer
  • Great Room with Fireplace
  • Golf Course Views
  • Crawl Space
  • Pull Down Stairs to Attic
  • Home Security System

Kitchen

  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • Walk-In Closet
  • 4 Full Bathrooms
  • Garden Bath

Pool

  • Heated Pool and Spa
  • Heated In Ground Pool
  • Saltwater Pool

Outdoor Features

  • Rear Porch

Schools

  • Stallings Elementary School
  • Porter Ridge Middle School
  • Porter Ridge High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 08-312-262

Community Details

Overview

  • Emerald Lake Subdivision
  • Mandatory home owners association

Amenities

  • Clubhouse

Recreation

  • Golf Course Community
  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,241

Year Built

Built in 2004

Lot Details

0

HOA Fees

$18 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 2004
  • Restrictions: Architectural Review
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Concrete, Paved
  • Unit Levels: Two
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 233.81
  • Geocode Confidence: High
  • Attribution Contact: jen@jenniferlamberthomes.com
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Flooring: Carpet, Laminate, Wood
  • Interior Amenities: Attic Stairs Pulldown, Attic Walk In, Built-in Features, Entrance Foyer, Garden Tub, Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s), Walk-In Pantry
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1581
  • 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: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 2140
  • Appliances: Dishwasher, Disposal
  • Above Grade Finished Sq Ft: 3721
  • Basement YN: No
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Door Features: French Doors
  • Fireplace Features: Gas, Great Room
  • Living Area: 3721
  • Bedroom Main: 1
  • Room Count: 15
  • Sq Ft Other: 145
  • Bedroom Third: 0

Exterior Features

  • Exterior Features: In-Ground Irrigation
  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Fencing: Back Yard, Fenced
  • Pool Features: Heated, In Ground, Pool/Spa Combo, Salt Water
  • View: Golf Course
  • Construction Type: Brick Full
  • Patio And Porch Features: Rear Porch

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 751
  • Carport Y N: Yes
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Carport, Driveway, Attached Garage, Garage Faces Side

Utilities

  • Heating: Forced Air, Natural Gas
  • Sewer: County Sewer
  • Laundry Features: Laundry Room, Sink, Upper Level
  • Security: Carbon Monoxide Detector(s), Security System, Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air
  • Utilities: Cable Available, Electricity Connected, Natural Gas, Wired Internet Available
  • Water Source: County Water

Condo/Co-op/Association

  • Community Features: Clubhouse, Golf, Playground, Street Lights
  • Association Fee: 212
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • Association Annual Expense: 212.00

Schools

  • Middle Or Junior School: Porter Ridge
  • HOA Subject To: Required

Lot Info

  • Lot Features: Corner Lot, Cul-De-Sac, Level
  • Lot Size Area: 0.47
  • Lot Size Units: Acres
  • Parcel Number: 08-312-262
  • Zoning: AQ8
  • Development Status: Completed
  • ResoLotSizeUnits: Acres
  • Zoning Specification: AQ8

MLS Schools

  • Elementary School: Stallings
  • High School: Porter Ridge

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2025
Closed on
Apr 30, 2025
Sold by
Mccullough Carl P and Mccullough Jan L
Bought by
Sarbacker Scot Michael and Sarbacker Tamara Sue
Seller's Agent
Jennifer Lambert
NextHome Paramount
Buyer's Agent
Jennifer Korinchak
EXP Realty LLC Mooresville
List Price
$847,500
Sold Price
$870,000
Premium/Discount to List
$22,500
2.65%
Views
37
Current Estimated Value
$852,938

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$17,062
Avg. Annual Appreciation
-5.66%
Original Mortgage
$370,000
Outstanding Balance
$366,109
Interest Rate
5.83%
Mortgage Type
New Conventional
Estimated Equity
$486,829

Purchase Details

Closed on
Dec 4, 2014
Sold by
Graue Michael C and Graue Katrina T
Bought by
Mccullough Carl P and Mccullough Jan L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 28, 2005
Sold by
Hill Roy H and Hill Sybil C
Bought by
Graue Michael C and Graue Katrina T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$291,000
Interest Rate
5.88%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 28, 2004
Sold by
Ty Par Realty Inc
Bought by
Hill Roy H and Hill Sybil C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,650
Interest Rate
6.24%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 1, 2002
Sold by
Tyson L Carlton and Tyson Carol M
Bought by
Ty Par Realty Inc
Source: Public Records

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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 $870,000 None Listed On Document
Warranty Deed $870,000 None Listed On Document
Warranty Deed $400,000 None Available
Warranty Deed $373,000 --
Warranty Deed $66,500 --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $370,000 New Conventional
Closed $370,000 New Conventional
Previous Owner $50,000 Credit Line Revolving
Previous Owner $418,492 VA
Previous Owner $350,000 VA
Previous Owner $100,000 Credit Line Revolving
Previous Owner $250,000 New Conventional
Previous Owner $258,800 New Conventional
Previous Owner $9,000 Future Advance Clause Open End Mortgage
Previous Owner $22,226 Unknown
Previous Owner $291,000 Fannie Mae Freddie Mac
Previous Owner $69,650 Construction
Closed $56,908 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2025 04/30/25 Sold $870,000 +2.7% $234 / Sq Ft
03/20/2025 03/20/25 For Sale $847,500 -- $228 / 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 $4,241 $488,100 $79,700 $408,400
2023 $4,060 $488,100 $79,700 $408,400
2022 $4,039 $488,100 $79,700 $408,400
2021 $4,039 $488,100 $79,700 $408,400
2020 $3,959 $393,400 $58,000 $335,400
2019 $3,959 $393,400 $58,000 $335,400
2018 $3,959 $393,400 $58,000 $335,400
2017 $4,116 $393,400 $58,000 $335,400
2016 $3,906 $374,800 $58,000 $316,800
2015 $3,954 $374,800 $58,000 $316,800
2014 $2,691 $376,790 $55,000 $321,790
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4231822

Canopy MLS (Canopy Realtor® Association)

APN: 08-312-262