NOT LISTED FOR SALE

7224 Lake Dr Matthews, NC 28104

Estimated Value: $348,000 - $404,085

4 Beds
2 Baths
2,217 Sq Ft
$174/Sq Ft Est. Value

Last Sold October 17, 2023

Last sale price $370,000 $167 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,214/month

Highlights

  • Pond
  • Community Pool
  • Laundry Room
  • Stallings Elementary School Rated A
  • Tennis Courts
  • 5-minute walk to Fairfield Plantation

About This Home

As of October 2023

This delightful home boasts 4 generously sized bedrooms and a secluded backyard adorned with lush trees. Nestled in the charming Fairfield Plantation of Union County, 7224 Lake Drive awaits its new owner. Conveniently located just minutes from 485, this home offers easy access to community amenities and a warm, inviting living space. The main floor seamlessly connects the cozy living room, dining area, and kitchen. The walkout basement reveals a spacious den/flex space with a fireplace, as well as a sizable laundry room and ample storage. Enjoy the perks of an updated kitchen, new carpet, and fresh paint throughout the house. Notable upgrades include a 2020 HVAC/Furnace and a 2016 roof. This home is ready for you to make it your own!

Last Agent to Sell the Property

Jody Munn

COMPASS Brokerage Email: jody@jodymunn.com License #264943 Listed on: 09/22/2023

COMPASS

Last Buyer's Agent

Robin Marlin

Keller Williams Select License #194858

Keller Williams Select

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1974

Lot Details

  • 0.31

HOA Fees

  • $53 Monthly HOA Fees

Parking

  • Driveway

Home Design

  • Split Level Home
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • Gas Log Fireplace
  • Family Room with Fireplace

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Exterior Basement Entry

Schools

  • Stallings Elementary School
  • Porter Ridge Middle School
  • Porter Ridge High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Additional Features

  • Pond
  • Property is zoned AR5

Listing and Financial Details

  • Assessor Parcel Number 07-054-154

Community Details

Overview

  • Henderson Properties Association
  • Fairfield Plantation Subdivision

Amenities

  • Picnic Area

Recreation

  • Tennis Courts
  • Indoor Game Court
  • Recreation Facilities
  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Year Built

Built in 1974

Lot Details

0.31 Acres

HOA Fees

$53 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1974
  • Road Surface Type: Concrete
  • Unit Levels: Split Level
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 166.89
  • Geocode Confidence: High
  • Attribution Contact: jody@jodymunn.com
  • Special Features: None

Interior Features

  • Foundation Details: Basement
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Vinyl
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1061
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 58
  • Sq Ft Unheated Total: 58
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Disposal, Dryer, Electric Range, Microwave, Refrigerator, Washer
  • Above Grade Finished Sq Ft: 1061
  • Has Basement: Exterior Entry, Finished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1156
  • Fireplace Features: Family Room, Gas Log
  • Living Area: 2217
  • Bedroom Main: 2
  • Bedroom Basement: 2

Exterior Features

  • New Construction: No
  • Construction Type: Site Built
  • Construction Type: Brick Partial, Vinyl

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Driveway

Utilities

  • Heating: Forced Air, Natural Gas
  • Sewer: County Sewer
  • Laundry Features: In Basement
  • Cooling: Central Air
  • Water Source: County Water

Condo/Co-op/Association

  • Community Features: Game Court, Outdoor Pool, Picnic Area, Playground, Pond, Recreation Area, Tennis Court(s)
  • Association Fee: 52.53
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Association Name: Henderson Properties
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Association Annual Expense: 630.36

Schools

  • Middle Or Junior School: Porter Ridge
  • HOA Subject To: Required

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 07-054-154
  • ResoLotSizeUnits: Acres
  • Zoning Specification: AR5

MLS Schools

  • Elementary School: Stallings
  • High School: Porter Ridge

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2023
Closed on
Oct 17, 2023
Sold by
Ogram Donald T and Ogram Marie M
Bought by
Edwards Caleb and Edwards Meghan
Seller's Agent
Jody Munn
COMPASS
Buyer's Agent
Robin Marlin
Keller Williams Select
List Price
$365,000
Sold Price
$370,000
Premium/Discount to List
$5,000
1.37%
Views
27
Current Estimated Value
$385,021

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,021
Avg. Annual Appreciation
1.72%
Original Mortgage
$358,900
Outstanding Balance
$348,513
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$36,508

Purchase Details

Closed on
Jun 26, 1998
Sold by
Dickinson John G and Dickinson Carol T
Bought by
Ogram Donald T and Ogram Marie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,600
Interest Rate
7.21%
Mortgage Type
VA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Edwards Caleb $370,000 Barristers Title
Ogram Donald T $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Edwards Caleb $358,900
Previous Owner Ogram Donald T $123,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/17/2023 10/17/23 Sold $370,000 +1.4% $167 / Sq Ft
09/22/2023 09/22/23 For Sale $365,000 -- $165 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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
2025 $2,190 $318,800 $0 $0
2024 $1,940 $219,000 $44,500 $174,500
2023 $1,859 $219,000 $44,500 $174,500
2022 $1,838 $219,000 $44,500 $174,500
2021 $1,838 $219,000 $44,500 $174,500
2020 $1,250 $121,100 $39,000 $82,100
2019 $1,251 $121,100 $39,000 $82,100
2018 $1,251 $121,100 $39,000 $82,100
2017 $1,267 $121,100 $39,000 $82,100
2016 $1,293 $121,100 $39,000 $82,100
2015 $1,309 $121,100 $39,000 $82,100
2014 $883 $123,650 $26,000 $97,650
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4070732

Canopy MLS (Canopy Realtor® Association)

APN: 07-054-154

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