$899,900
$90K PRICE DROP

5518 Two Iron Dr Matthews, NC 28104

Estimated payment $5,170/month

Total Views 70,480
5 Beds
4 Baths
4,711 Sq Ft
$191 Price per Sq Ft

Highlights

  • Very Popular Property
  • Golf Course Community
  • Fireplace in Primary Bedroom
  • Stallings Elementary School Rated A
  • Clubhouse
  • Wood Flooring

About This Home

Stunning 3-story brick home in the highly sought-after Emerald Lake community! The main level features formal dining and living rooms, a spacious 2-story family room that opens to the kitchen—perfect for entertaining—plus oversized laundry and pantry areas. A main-level bedroom with an adjoining sitting room makes an ideal guest, in-law suite or multi-generational living.

Step outside to the screened-in porch and enjoy your morning coffee while overlooking the private backyard. Upstairs, the luxurious primary suite boasts a gorgeous ensuite bath, an extra-large walk-in closet, and a versatile 16x20 bonus room—perfect for a home gym, office, or meditation space. The second level also overlooks the family room and includes generously sized secondary bedrooms.

The third level offers a dedicated media room, perfect for family movie nights or game-day gatherings! Other features include an oversized 3-car garage and an irrigation system!

Listing Agent

Gary Espin

Espin Realty Brokerage Email: garyespin@yahoo.com License #229700 Listed on: 08/24/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,742

Year Built

  • Built in 2004

Lot Details

  • Cul-De-Sac
  • Irrigation
  • Property is zoned AQ8

HOA Fees

  • $18 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 3-Story Property
  • Family Room with Fireplace
  • Crawl Space

Kitchen

  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Fireplace in Primary Bedroom
  • 4 Full Bathrooms

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 08-312-267

Community Details

Overview

  • Emerald Lakes HOA
  • Emerald Lake Subdivision
  • Mandatory home owners association

Amenities

  • Clubhouse

Recreation

  • Golf Course Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,742

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
  • Year Built: 2004
  • Road Surface Type: Concrete, Paved
  • Unit Levels: Three
  • Ratio CurrentPrice/TotalPropertyHLA: 191.02
  • Geocode Confidence: High
  • Attribution Contact: garyespin@yahoo.com
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Attic Walk In, Cable Prewire, Kitchen Island, Pantry
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 2108
  • Third Level Sq Ft: 572
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 2031
  • Appliances: Dishwasher, Disposal
  • Above Grade Finished Sq Ft: 4711
  • Basement YN: No
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Fireplace Features: Family Room, Primary Bedroom
  • Living Area: 4711
  • Bedroom Main: 1
  • Bedroom Third: 0

Exterior Features

  • Exterior Features: In-Ground Irrigation
  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Construction Type: Brick Full

Garage/Parking

  • Main Level Garage YN: 1
  • Carport Y N: No
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage

Utilities

  • Heating: Central, Natural Gas
  • Sewer: Public Sewer
  • Laundry Features: Utility Room
  • Cooling: Central Air
  • Utilities: Cable Available, Natural Gas
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Clubhouse, Golf, Sidewalks
  • Association Fee: 212
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: Emerald Lakes HOA
  • Association: Yes
  • Association Email: president@emeraldlakeshoa.com

Association/Amenities

  • Association Annual Expense: 212.00

Schools

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

Lot Info

  • Lot Features: Cul-De-Sac
  • Lot Size Units: Acres
  • Parcel Number: 08-312-267
  • Zoning: AQ8
  • Additional Parcels: No
  • Zoning Specification: AQ8

MLS Schools

  • Elementary School: Stallings
  • High School: Porter Ridge

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $4,742 $546,700 $79,700 $467,000
2023 $4,540 $546,700 $79,700 $467,000
2022 $4,519 $546,700 $79,700 $467,000
2021 $4,519 $546,700 $79,700 $467,000
2020 $4,459 $391,500 $58,000 $333,500
2019 $3,940 $391,500 $58,000 $333,500
2018 $3,940 $391,500 $58,000 $333,500
2017 $4,142 $391,500 $58,000 $333,500
2016 $4,078 $391,500 $58,000 $333,500
2015 $4,128 $391,500 $58,000 $333,500
2014 $2,813 $393,770 $55,000 $338,770
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/11/2025 09/11/25 Price Changed $899,900 -9.1% $191 / Sq Ft
08/24/2025 08/24/25 For Sale $989,900 -- $210 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $402,000 Investors Title
Warranty Deed $400,000 None Available
Warranty Deed $60,000 --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $328,000 New Conventional
Previous Owner $320,000 Unknown
Previous Owner $54,000 Unknown
Source: Public Records

About the Listing Agent

Gary Espin

Espin Realty

(704) 707-3792

Section Image

Gary Espin is a native Charlottean, who leads a team of experienced Real Estate professionals who know the Charlotte region inside and out.

Gary's Team is on staff at all times to support their clients needs. Proud members of NAR (National Association of Realtors®), NCAR (North Carolina Association of Realtors®), CRRA (Charlotte Regional Realtors® Association), and CMLS (Carolina Multiple Listing Services).

Licensed in North Carolina. Allow us the opportunity to show you why we

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Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4295354

Canopy MLS (Canopy Realtor® Association)

APN: 08-312-267