NOT LISTED FOR SALE

7158 Forest Ridge Rd Matthews, NC 28104

Estimated Value: $799,000 - $902,000

4 Beds
2.5 Baths
3,088 Sq Ft
$274/Sq Ft Est. Value

Last Sold March 28, 2019

Last sale price $491,000 $159 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $4,860/month

104 Days on Market

Highlights

  • In Ground Pool
  • Private Lot
  • Traditional Architecture
  • Antioch Elementary School Rated A
  • Wooded Lot
  • Wood Flooring

About This Home

As of March 2019

Stately all brick home on private 2.4 acre lot w/ In-ground pool. Features 4 BR's and Bonus with front and rear staircases. Many updates in kitchen, baths, and also in fixtures throughout the home. Recently painted with popular decorator colors. Custom window treatments remain. Spacious eat in kitchen features SS appliances, island, granite counters and convenient media workstation. Great room w/built-ins, hardwood floors and gas log masonry fireplace. All season sun room w/heat and a/c, screened porch that opens to in-ground pool makes entertaining in this exceptional home a pleasure! Beautifully maintained and you can buy with confidence with the Seller provided 2-10 Buyer Warranty! Make this Weddington gem your new home in 2019!

Last Agent to Sell the Property

Marcia Bowen

Allen Tate Providence @485 License #39770 Listed on: 11/06/2018

Last Buyer's Agent

Tracee Ellerbe

NorthGroup Real Estate LLC License #301059

NorthGroup Real Estate LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1992

Lot Details

  • Home fronts a stream
  • Private Lot
  • Wooded Lot
  • Many Trees

Parking

  • Attached Garage

Home Design

  • Traditional Architecture

Interior Spaces

  • Gas Log Fireplace
  • Window Treatments
  • Crawl Space
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • Garden Bath

Attic

  • Attic Fan
  • Pull Down Stairs to Attic

Pool

  • In Ground Pool

Utilities

  • Heating System Uses Propane
  • Well

Listing and Financial Details

  • Assessor Parcel Number 06-063-184

Home Details

Home Type

Single Family

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Architectural Style: Traditional
  • Ratio Close Price By List Price: 0.98397
  • Ratio Close Price By Original Li: 0.95525
  • Ratio Current Price By Acre: 198383.84
  • Ratio Current Price By Sq Ft: 159.00
  • Year Built: 1992
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space
  • Upper Level Sq Ft: 1555
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 4
  • Equipment: Ceiling Fan(s), Cable Prewire, Disposal, Dryer, Dishwasher, Electric Dryer Hookup, Electric Range, Ice Maker Connection, Microwave, Refrigerator, Self Cleaning Oven, Washer, Electric Oven
  • Fireplace Description: Gas Logs, Great Room, Propane
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Attic Fan, Attic Stairs Pulldown, Built-Ins, Garden Tub, Kitchen Island, Pantry, Walk-In Closet(s), Window Treatments
  • Laundry Location: Main
  • Room Count: 2
  • Sq Ft Additional: 564
  • Main Level Sq Ft: 1533
  • Total Sq Ft: 3088
  • Sq Ft Unheated Main: 239
  • Sq Ft Unheated Total: 239

Exterior Features

  • Construction: Brick Full, Fiber Cement
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard, Pool-In-Ground

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage

Utilities

  • Heating: Central Air, Gas Hot Air Furnace, Propane, Wall Unit - AC, Wall Unit Heat
  • Sewer: Septic Tank
  • Water: Well
  • Water Heater: Propane

Schools

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

Lot Info

  • Lot Dimension: irreg
  • Lot Features: Private, Stream/Creek, Trees, Wooded
  • Lot Size Area: 2.475
  • Parcel Number: 06-063-184
  • Plat Reference Section Pages: 645
  • Zoning Specification: City

Tax Info

  • Tax Value: 332500.00
  • Tax Location: Weddington

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2018
Closed on
Mar 28, 2019
Sold by
Sheridan Rebecca V and Sheridan Rebecca
Bought by
Byrnes Stephen and Byrnes Stacey Young
Seller's Agent
Marcia Bowen
Allen Tate Providence @485
Buyer's Agent
Tracee Ellerbe
NorthGroup Real Estate LLC
List Price
$514,000
Sold Price
$491,000
Premium/Discount to List
-$23,000
-4.47%
Current Estimated Value
$846,914

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$355,914
Avg. Annual Appreciation
9.83%
Original Mortgage
$151,000
Outstanding Balance
$133,026
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$765,821

Purchase Details

Closed on
Jan 1, 2013
Sold by
Schridan Phillip and Schridan Rebecca V
Bought by
Banks Katherine J

Purchase Details

Closed on
Aug 1, 2012
Sold by
Burch William G and Burch Virginia B
Bought by
Sheridan Phillip and Sheridan Rebecca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
3.58%
Mortgage Type
New Conventional
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
Byrnes Stephen $491,000 None Available
Banks Katherine J $1,000 None Available
Sheridan Phillip $387,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Byrnes Stephen $151,000
Previous Owner Sheridan Phillip $250,000
Previous Owner Burch William G $14,263
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2019 03/28/19 Sold $491,000 -1.6% $159 / Sq Ft
02/18/2019 02/18/19 Pending -- -- --
12/04/2018 12/04/18 Price Changed $499,000 -2.9% $162 / Sq Ft
11/06/2018 11/06/18 For Sale $514,000 -- $166 / 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 $3,386 $478,200 $79,100 $399,100
2023 $3,027 $478,200 $79,100 $399,100
2022 $3,041 $478,200 $79,100 $399,100
2021 $3,041 $478,200 $79,100 $399,100
2020 $2,563 $350,710 $73,310 $277,400
2019 $2,746 $350,710 $73,310 $277,400
2018 $2,430 $332,510 $73,310 $259,200
2017 $2,597 $332,500 $73,300 $259,200
2016 $2,722 $332,510 $73,310 $259,200
2015 $2,582 $332,510 $73,310 $259,200
2014 $2,550 $368,290 $124,250 $244,040
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3450027

Canopy MLS (Canopy Realtor® Association)

APN: 06-063-184