NOT LISTED FOR SALE

7111 Forest Ridge Rd Matthews, NC 28104

Estimated Value: $988,794 - $1,071,000

5 Beds
5 Baths
3,655 Sq Ft
$283/Sq Ft Est. Value

About This Home

This home is located at 7111 Forest Ridge Rd, Matthews, NC 28104 and is currently estimated at $1,034,199, approximately $282 per square foot. 7111 Forest Ridge Rd is a home located in Union County with nearby schools including Antioch Elementary School, Weddington Middle School, and Weddington High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 29, 2009
Sold by
Lush William and Lush Cynthia L
Bought by
Oconnell James M and Oconnell Meagan G
Current Estimated Value
$1,034,199

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,900
Interest Rate
5.01%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 21, 2009
Sold by
Oconnell James M and Oconnell Meagen G
Bought by
Cavallero Michael A and Cavallero Pamela A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,900
Interest Rate
5.01%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 19, 2005
Sold by
Lush William and Lush Cynthia L
Bought by
Oconnell James M and Oconnell Meagan G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.23%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 11, 2003
Sold by
Ciocan Mircea A and Ciocan Carmen S
Bought by
Lush William and Lush Cynthia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$309,200
Interest Rate
2.87%
Mortgage Type
Balloon

Purchase Details

Closed on
Mar 2, 1998
Sold by
Cundiff Roy W and Cundiff Mary L
Bought by
Ciocan Mircea A and Ciocan Carmen S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,500
Interest Rate
6.75%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Oconnell James M -- None Available
Cavallero Michael A $470,000 None Available
Oconnell James M $450,000 --
Lush William $386,500 --
Ciocan Mircea A $266,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cavallero Michael A $376,000
Previous Owner Oconnell James M $300,000
Previous Owner Lush William $309,200
Previous Owner Ciocan Mircea A $199,500
Closed Lush William $38,650
Source: Public Records

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 $4,131 $592,400 $92,800 $499,600
2023 $3,750 $592,400 $92,800 $499,600
2022 $3,605 $566,800 $92,800 $474,000
2021 $3,605 $566,800 $92,800 $474,000
2020 $3,046 $416,750 $80,150 $336,600
2019 $3,263 $416,750 $80,150 $336,600
2018 $3,027 $414,050 $80,150 $333,900
2017 $3,234 $414,100 $80,200 $333,900
2016 $3,389 $414,050 $80,150 $333,900
2015 $3,216 $414,050 $80,150 $333,900
2014 $2,786 $416,000 $90,500 $325,500
Source: Public Records

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