NOT LISTED FOR SALE

5932 Weddington Matthews Rd Matthews, NC 28104

Estimated Value: $1,348,037

12.82 Acres
$105,176 Price per Acre
558,309 Sq Ft Lot

Last Sold April 01, 2024

Last sale price $1,282,000

Est. 5% increase in value since last sale

Current estimated payment $7,602/month

801 Days on Market

Highlights

  • Wooded Lot
  • Antioch Elementary School Rated A
  • No HOA

About This Lot

As of April 2024

This parcel is within Weddington town limits making it a great place for a new development or private luxury estate. Water and Sewer access can be acquired by buyer. Call listing agent for more details.

Last Agent to Sell the Property

Nancy Jarrell

Berkshire Hathaway HomeServices Carolinas Realty Brokerage Email: newhomenancy@gmail.com License #109982 Listed on: 01/14/2020

Berkshire Hathaway HomeServices Carolinas Realty

Last Buyer's Agent

Non Member

Canopy Administration

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,555

Lot Details

  • 12.82 Acre Lot
  • Wooded Lot
  • Possible uses of the property include Private Estate, Residential, Subdevelopment
  • Property is zoned RCD, R-40

Utilities

  • Water Tap or Transfer Fee

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 06-123-012

Property Details

Property Type

Land

Est. Annual Taxes

$6,555

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Acreage
  • Habitable Residence Yn: No
  • Restrictions: Manufactured Home Not Allowed,Modular Not Allowed
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Frontage Type: County Road
  • ResoPropertyType: Land
  • Attribution Contact: newhomenancy@gmail.com
  • Special Features: None

Interior Features

  • Possible Use: Private Estate, Residential, Subdevelopment
  • Room Count: 0

Exterior Features

  • Road Frontage: 684
  • Other Structures: None

Garage/Parking

  • Garage Yn: No
  • Open Parking: No

Utilities

  • Sewer: County Sewer, Tap Fee Required
  • Water Source: County Water, Tap Fee Required

Condo/Co-op/Association

  • Hoa Subject To Dues: No
  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Lot Features: Wooded
  • Lot Size Area: 12.817
  • Lot Size Units: Acres
  • Parcel Number: 06-123-012
  • Zoning: R-40
  • Can Be Subdivided: 0
  • Lot Size Acres: 12.817
  • Lot Size: per deed
  • Lot Size Sq Ft: 558308
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RCD

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2020
Closed on
Mar 27, 2024
Sold by
Orr Gerald D and Orr Martha P
Bought by
Toll Southeast Lp Company Inc
Seller's Agent
Nancy Jarrell
Berkshire Hathaway HomeServices Carolinas Realty
Buyer's Agent
Non Member
Canopy Administration
List Price
$1,350,000
Sold Price
$1,282,000
Premium/Discount to List
-$68,000
-5.04%
Current Estimated Value
$1,348,037

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,037
Avg. Annual Appreciation
3.23%

Purchase Details

Closed on
Dec 13, 2021
Sold by
Ch Acquisitions Llc
Bought by
Beechwood Weddington Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,930,000
Interest Rate
3.14%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 10, 2021
Sold by
Orr Gerald D and Orr Martha P
Bought by
Ch Acquisitions Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,930,000
Interest Rate
3.14%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 28, 2005
Sold by
Orr J Wayne
Bought by
Orr Gerald D and Orr Wayne J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
6.28%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Dec 2, 2004
Sold by
Hemby Hatfield Faye Hemby and Hemby Foster Faye
Bought by
Family Trust Of Ludy Faye Hemby Orr Hatf

Purchase Details

Closed on
Nov 10, 2004
Sold by
Hatfield Faye Hemby
Bought by
Family Trust Of Ludy Faye Hemby Orr Hatf
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
Toll Southeast Lp Company Inc $1,282,000 None Listed On Document
Beechwood Weddington Llc -- Stewart Title Guaranty Co
Ch Acquisitions Llc $266,000 Stewart Title Guaranty Co
Ch Acquisitions Llc $266,000 None Listed On Document
Orr Gerald D -- None Available
Family Trust Of Ludy Faye Hemby Orr Hatf -- --
Family Trust Of Ludy Faye Hemby Orr Hatf -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Beechwood Weddington Llc $4,930,000
Previous Owner Orr Gerald D $125,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/01/2024 04/01/24 Sold $1,282,000 -5.0% --
03/25/2022 03/25/22 Pending -- -- --
07/13/2020 07/13/20 For Sale $1,350,000 0.0% --
04/10/2020 04/10/20 Pending -- -- --
01/14/2020 01/14/20 For Sale $1,350,000 -- --
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
2024 $6,555 $1,004,100 $1,004,100 $0
2023 $6,356 $1,004,100 $1,004,100 $0
2022 $6,386 $1,004,100 $1,004,100 $0
2021 $7,862 $1,236,200 $1,236,200 $0
2020 $3,194 $437,000 $437,000 $0
2019 $3,421 $437,000 $437,000 $0
2018 $0 $437,000 $437,000 $0
2017 $3,413 $437,000 $437,000 $0
2016 $3,350 $437,000 $437,000 $0
2015 $3,393 $437,000 $437,000 $0
2014 $9,409 $1,413,340 $1,413,340 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3582149

Canopy MLS (Canopy Realtor® Association)

APN: 06-123-012