NOT LISTED FOR SALE

7022 Willow Trace Ln Matthews, NC 28104

Estimated Value: $1,983,000 - $2,411,000

5 Beds
6.5 Baths
5,880 Sq Ft
$369/Sq Ft Est. Value

Last Sold January 11, 2021

Last sale price $1,400,000 $238 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $12,727/month

63 Days on Market

Highlights

  • Whirlpool in Pool
  • Open Floorplan
  • Pond
  • Antioch Elementary School Rated A
  • Private Lot
  • Wooded Lot

About This Home

As of January 2021

Welcome to your own piece of paradise in Highgate. Exceptional details go beyond the expected! Stunning European design-soaring ceilings & flowing floorplan! Enter Glass/mahogany doors & arched vestibule into the expansive GR w/Grand stone FP-one of five. Luxurious DR & octagon office-walls of windows! Large custom Chef kitchen-TWO islands & keeping room:Thermador range, Double-SubZeros, wine refrig/icemaker- WI pantry. 1stFl Master w/Luxury bath- Triple head/body sprays/Jacuzzi - HUGE closet w/valet. Laundry/dropzone & porte cochere entrance. 2ndLvl: 3 large Bdrms, HUGE bonus. Incredible heated travertine floors! FIVE bay heated/cooled garages- Epoxy Floors/Mechanics Lift & Full bath. Guest Apt w/kitchenette above 2-car garage/shop.. Motorcourt, covered Porch: Grilling station, Stone patio & Wood-burning FP, Hottub. Fenced, private, wooded yard-Stone walls/4-season plantings. Fabulous street Presence! 8,351 SqFt of vast heated/cooled spaces. This is one to remember & not to be missed!

Last Agent to Sell the Property

Christine Hotham

Helen Adams Realty License #276624 Listed on: 08/26/2020

Helen Adams Realty

Last Buyer's Agent

Chad Jones

Premier South License #284586

Premier South

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2002

Lot Details

  • Private Lot
  • Irrigation
  • Wooded Lot
  • Many Trees

HOA Fees

  • $79 Monthly HOA Fees

Parking

  • Attached Garage
  • Porte-Cochere
  • Workshop in Garage
  • Circular Driveway

Home Design

  • Transitional Architecture
  • Stone Siding

Interior Spaces

  • Open Floorplan
  • Wet Bar
  • Tray Ceiling
  • Insulated Windows
  • Window Treatments
  • Bonus Room with Fireplace
  • Crawl Space
  • Pull Down Stairs to Attic

Kitchen

  • Breakfast Bar
  • Kitchen Island

Flooring

  • Wood
  • Stone
  • Marble
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet

Pool

  • Whirlpool in Pool
  • Spa

Outdoor Features

  • Pond
  • Outdoor Fireplace
  • Outdoor Kitchen
  • Terrace
  • Gazebo
  • Separate Outdoor Workshop
  • Outdoor Gas Grill

Listing and Financial Details

  • Assessor Parcel Number 06-174-124

Community Details

Overview

  • First Services Residential Association, Phone Number (704) 527-2314
  • Built by Harrington Dowd

Recreation

  • Trails

Home Details

Home Type

Single Family

Year Built

Built in 2002

Lot Details

0

HOA Fees

$79 per month

Parking

4

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Architectural Style: Transitional
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.93645
  • Ratio Close Price By Original Li: 0.90323
  • Ratio Current Price By Acre: 1359223.30
  • Ratio Current Price By Sq Ft: 238.10
  • Year Built: 2002
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space
  • Upper Level Sq Ft: 2506
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bathrooms: 7.00
  • Total Bedrooms: 5
  • Doors and Windows: Insulated Windows
  • Equipment: Beverage Refrigerator, Cable Prewire, Ceiling Fan(s), Central Vacuum, CO Detector, Convection Oven, Cooktop Gas, Dishwasher, Disposal, Double Oven, Electric Dryer Hookup, Exhaust Hood, Grilltop, Ice Maker Connection, Microwave, Network Ready, Refrigerator, Security System, Surround Sound, Wine Refrigerator
  • Fireplace Description: Bonus Room, Gas Unvented, Gas Vented, Great Room, Kitchen, Primary Bedroom
  • Fireplace: Yes
  • Flooring: Marble, Stone, Tile, Wood
  • H O A Management Phone: 704-527-2314
  • Interior Amenities: Attic Other, Attic Stairs Pulldown, Attic Walk-in, Breakfast Bar, Built-Ins, Garage Shop, Kitchen Island, Open Floorplan, Tray Ceiling, Vaulted Ceiling, Walk-In Closet(s), Walk-In Pantry, Wet Bar, Whirlpool, Window Treatments
  • Laundry Location: Main, Upper
  • Room Count: 4
  • Second Living Quarters: Exterior Not Connected
  • Second Living Quarters Hla: 523
  • Second Living Quarters Sq Ft: 82
  • Sq Ft Additional: 605
  • Main Level Sq Ft: 3374
  • Total Sq Ft: 5880
  • Sq Ft Unheated Main: 286
  • Sq Ft Unheated Total: 286

Exterior Features

  • Construction: Brick Full, Hard Stucco, Stone
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard, Gazebo, Hot Tub, In-Ground Gas Grill, In-Ground Irrigation, Outdoor Fireplace, Outdoor Kitchen, Porte-cochere, Terrace, Workshop

Garage/Parking

  • Driveway: Circular
  • Parking: Attached Garage, Detached Garage, Driveway, Garage - 4+ Car, Garage Door Opener, Keypad Entry

Utilities

  • Heating: Central Air, Multizone A/C, Radiant Heat, g-Radiant Heated Floors
  • Sewer: County Sewer
  • Water: County Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Community Features: Pond, Street Lights, Walking Trails
  • Association Fee: 950.00
  • Association Fee Frequency: Annually
  • HOA Management Company: First Services Residential
  • Hoa Subject To Dues: Mandatory

Schools

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

Lot Info

  • Lot Dimension: 116x90x203x204x218
  • Lot Features: Private, Trees, Wooded
  • Lot Size Area: 1.030
  • Parcel Number: 06-174-124
  • Plat Reference Section Pages: 392
  • Zoning Specification: AM6

Building Info

  • Builder Name: Harrington Dowd

Tax Info

  • Tax Value: 1104500.00
  • Tax Location: Weddington

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2020
Closed on
Jan 8, 2021
Sold by
Cox Jon A and Cox Deborah A
Bought by
Mansoor Arshad and Mansoor Zabin Farhana
Seller's Agent
Christine Hotham
Helen Adams Realty
Buyer's Agent
Chad Jones
Premier South
List Price
$1,550,000
Sold Price
$1,400,000
Premium/Discount to List
-$150,000
-9.68%
Current Estimated Value
$2,166,775

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$766,775
Avg. Annual Appreciation
11.16%
Original Mortgage
$1,050,000
Outstanding Balance
$951,883
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$1,320,545

Purchase Details

Closed on
Jun 16, 2014
Sold by
Godley Rodney W and Godley Susan M
Bought by
Cox Jon A and Cox Deborah A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$917,000
Interest Rate
3.35%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 13, 2011
Sold by
Morgan Kelly R and Morgan Lori L
Bought by
Godley Rodney W and Godley Susan M
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 Buyer Sale Price Title Company
Mansoor Arshad $1,400,000 Investors Title Insurance Co
Cox Jon A $1,257,000 Investors Title Insurance Co
Godley Rodney W $800,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mansoor Arshad $1,050,000
Previous Owner Cox Jon A $200,000
Previous Owner Cox Jon A $917,000
Previous Owner Morgan Kelly R $222,715
Previous Owner Morgan Kelly R $200,000
Previous Owner Morgan Kelly R $100,000
Previous Owner Morgan Kelly R $322,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/11/2021 01/11/21 Sold $1,400,000 -6.4% $238 / Sq Ft
10/29/2020 10/29/20 Pending -- -- --
10/02/2020 10/02/20 Price Changed $1,495,000 -3.5% $254 / Sq Ft
08/26/2020 08/26/20 For Sale $1,550,000 -- $264 / 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 $9,423 $1,403,100 $270,500 $1,132,600
2023 $8,706 $1,375,400 $270,500 $1,104,900
2022 $8,557 $1,345,400 $270,500 $1,074,900
2021 $8,557 $1,345,400 $270,500 $1,074,900
2020 $8,073 $1,104,530 $215,030 $889,500
2019 $8,647 $1,104,530 $215,030 $889,500
2018 $8,073 $1,104,530 $215,030 $889,500
2017 $8,626 $1,104,500 $215,000 $889,500
2016 $9,040 $1,104,530 $215,030 $889,500
2015 $8,576 $1,104,530 $215,030 $889,500
2014 $7,724 $1,163,250 $230,000 $933,250
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3649998

Canopy MLS (Canopy Realtor® Association)

APN: 06-174-124