NOT LISTED FOR SALE

7037 High Meadow Dr Matthews, NC 28104

Estimated Value: $860,000 - $1,307,000

5 Beds
3.5 Baths
4,177 Sq Ft
$240/Sq Ft Est. Value

Last Sold March 31, 2020

Last sale price $480,000 $115 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $5,572/month

234 Days on Market

Highlights

  • Traditional Architecture
  • Engineered Wood Flooring
  • Attic
  • Weddington Elementary School Rated A
  • Whirlpool Bathtub
  • Walk-In Pantry

About This Home

As of March 2020

Custom built home in a small Weddington subdivision with no HOA fees! This home features a full brick exterior, a large front porch, a covered patio area off the rear of home, a fully fenced rear yard, and a large unfinished basement area currently used for storage and workshop. Three bedrooms on main level including the master suite, 2 additional HUGE bedrooms on second level with an additional bonus room offers plenty of space for a large family! The owners have installed hardwood flooring in both the main level and second floor areas...beautiful! The kitchen is updated with granite countertops and stainless appliances, neutral colors, and a large breakfast area overlooking the back yard.

Last Agent to Sell the Property

Keith Stewart

Berkshire Hathaway HomeServices Carolinas Realty License #26199 Listed on: 06/27/2019

Berkshire Hathaway HomeServices Carolinas Realty

Last Buyer's Agent

Karin Hull

RE/MAX Executive License #236758

RE/MAX Executive

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1997

Lot Details

  • 0.92

Parking

  • Attached Garage

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • Fireplace
  • Insulated Windows
  • Walk-In Pantry
  • Attic

Flooring

  • Engineered Wood
  • Tile

Bedrooms and Bathrooms

  • Split Bedroom Floorplan
  • Whirlpool Bathtub
  • Garden Bath

Additional Features

  • Fire Pit
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 06-069-231

Home Details

Home Type

Single Family

Year Built

Built in 1997

Lot Details

0

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1.5 Story/Basement
  • Architectural Style: Traditional
  • Ratio Close Price By List Price: 0.96970
  • Ratio Close Price By Original Li: 0.82902
  • Ratio Current Price By Acre: 521739.13
  • Ratio Current Price By Sq Ft: 114.92
  • Year Built: 1997
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement
  • Upper Level Sq Ft: 1717
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Total Bedrooms: 5
  • Doors and Windows: Insulated Windows
  • Equipment: Ceiling Fan(s), CO Detector, Cable Prewire, Dishwasher, Gas Dryer Hookup, Gas Range, Ice Maker Connection, Microwave, Network Ready, Exhaust Hood, Wall Oven, Natural Gas, Gas Oven
  • Fireplace Description: FAMILYRM
  • Fireplace: Yes
  • Flooring: Prefinished Wood, Tile, Wood
  • Interior Amenities: Attic Walk-in, Basement Shop, Garden Tub, Split BR Plan, Walk-In Pantry, Whirlpool
  • Laundry Location: Main, Laundry Room
  • Room Count: 3
  • Main Level Sq Ft: 2460
  • Total Sq Ft: 4177
  • Sq Ft Unheated Basement: 1480
  • Sq Ft Unheated Total: 1480

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard, Fire pit

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Garage - 2 Car, Side Load Garage

Utilities

  • Heating: Central Air, Gas Hot Air Furnace, Multizone A/C, MultiZone Heat
  • Sewer: Septic Installed
  • Water: Well Installed
  • Water Heater: Gas

Schools

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

Lot Info

  • Lot Dimension: 122x337x129x336
  • Lot Size Area: 0.920
  • Parcel Number: 06-069-231
  • Zoning Specification: R-40

Tax Info

  • Tax Value: 408400.00
  • Tax Location: Matthews

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2019
Closed on
Mar 31, 2020
Sold by
Hinkle Donald and Hinkle Laura
Bought by
Lazo Alexe and Lazo Tracib
Seller's Agent
Keith Stewart
Berkshire Hathaway HomeServices Carolinas Realty
Buyer's Agent
Karin Hull
RE/MAX Executive
List Price
$579,000
Sold Price
$480,000
Premium/Discount to List
-$99,000
-17.1%
Current Estimated Value
$1,001,468

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$521,468
Avg. Annual Appreciation
14.09%
Original Mortgage
$384,000
Outstanding Balance
$326,004
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$675,464

Purchase Details

Closed on
May 15, 2001
Sold by
Drye Litaker Michael Ernest and Drye Litaker Kathy
Bought by
Hinkle Donald and Hinkle Laura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,900
Interest Rate
6.95%
Source: Public Records

Range of Values:

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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
Lazo Alexe $480,000 None Available
Hinkle Donald $350,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lazo Alexe $384,000
Previous Owner Hinkle Donald $279,900
Closed Hinkle Donald $52,485
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2020 03/31/20 Sold $480,000 -3.0% $115 / Sq Ft
02/16/2020 02/16/20 Pending -- -- --
12/17/2019 12/17/19 Price Changed $495,000 -2.9% $119 / Sq Ft
11/19/2019 11/19/19 Price Changed $510,000 -2.9% $122 / Sq Ft
09/27/2019 09/27/19 Price Changed $525,000 -1.7% $126 / Sq Ft
08/26/2019 08/26/19 Price Changed $534,000 -2.7% $128 / Sq Ft
08/09/2019 08/09/19 Price Changed $549,000 -1.8% $131 / Sq Ft
07/25/2019 07/25/19 Price Changed $559,000 -2.6% $134 / Sq Ft
07/16/2019 07/16/19 Price Changed $574,000 -0.9% $137 / Sq Ft
06/27/2019 06/27/19 For Sale $579,000 -- $139 / 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 $3,958 $565,800 $93,100 $472,700
2023 $3,582 $565,800 $93,100 $472,700
2022 $3,598 $565,800 $93,100 $472,700
2021 $3,598 $565,800 $93,100 $472,700
2020 $2,985 $408,380 $64,180 $344,200
2019 $3,197 $408,380 $64,180 $344,200
2018 $2,985 $408,380 $64,180 $344,200
2017 $3,190 $408,400 $64,200 $344,200
2016 $3,130 $408,380 $64,180 $344,200
2015 $3,171 $408,380 $64,180 $344,200
2014 $3,084 $448,860 $77,200 $371,660
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3502151

Canopy MLS (Canopy Realtor® Association)

APN: 06-069-231