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1108 Somersby Lane
1108 Somersby Lane
$475,227 (our value guesstimate)
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Matthews, NC 28105 ▪  (MLS # 3623508)
2-car garage  ▪   Built: 1984  ▪   Primary Up
3 bed  ▪  2 full & 1 half bath  ▪  1,786 Sq Ft
Sold for $310,000 on Jul 15, 2020
1108 Somersby Lane
$475,227 (our value guesstimate)
Matthews, NC 28105 ▪  (MLS # 3623508)
2-car garage  ▪   Built: 1984  ▪   Primary Up
3 bed  ▪  2 full & 1 half bath  ▪  1,786 Sq Ft
Sold for $310,000 on Jul 15, 2020
SOLD JUL 15, 2020
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$310,000  (sales price)
3 bed  ▪  2 full & 1 half bath  ▪  1,786 Sq Ft
1108 Somersby Lane
Matthews, NC 28105 (MLS # 3623508)
.35 acres  ▪   Built: 1984  ▪   Primary Bedroom Up
Subdivision: Somersby
Matthews, NC / 28105

Our Value Guesstimate (from Computer Algorithm): $475,227

Our computer algorithm has estimated that this home would be likely to sell in a range between $403,943 and $546,511.
Sale Details
Sales Price: $310,000
Closed: Jul 15, 2020 (1,352 days ago)
List Price: $315,000
Sold for: 98% of list price
Cumulative Days on Market: 1
Price/Sq Ft: $174
Remarks - 1108 Somersby Lane
(from previous listing) **Multiple offers received. Please send highest and best by 5pm Saturday May 30th** A hidden gem in a very sought after area! This beautiful home is situated in a mature neighborhood with NO HOA and is close to shopping/dining in Waverly, Promenade, downtown Matthews and Arboretum for anything you need! Updated granite counters in the kitchen, bamboo hardwoods throughout the 1st and 2nd floors! Upgraded backyard has over 10k in features, including stone walls/stairs and HUGE paver patio for ente ...
Continue reading

General Info - MLS # 3623508
Parking: Detached, Garage - 2 Car
Year Built: 1984
Master / Primary Bedroom: Upper floor
Listing Status: Sold
Property Type: Single Family Home
Location: Matthews / Mecklenburg County
Lot Size: .35 acres
Area Schools
10/10
Elizabeth Lane Elementary School
Distance: 0.5 mi
10/10
South Charlotte Middle School
Distance: 3.0 mi
10/10
Providence High School
Distance: 1.0 mi

*School ratings sourced from CarolinaSchoolHub. To verify enrollment eligibility, please contact the school directly.
Neighborhood Info
Subdivision: Somersby
Listing History
07/15/2020: MLS Sold for $310,000 (Canopy MLS)
Cumulative Days on Market: 1
More details

02/24/2017: MLS # 3243248 sold for $245,000 (Canopy MLS) - SEE LISTING
Cumulative Days on Market: 8
County Tax Data
2023 County Tax Assessment: $442,800
Next Mecklenburg County Tax Assessment: 2027

1% List Fee for Sellers

We offer full-service listing services for 1% when you buy and sell.

Are You the Owner?

Inquire about getting a more precise estimate on your home's value from one of our experienced agents


  More Home Details
  Map / Satellite View

See Sold Homes in Somersby
SOLD FEB 21, 2024
Sold for $330/Sq Ft & 98% of list
5 cumulative days on market
$505,000 (sales price)
3 bed  ▪  2 full bath  ▪  1,529 SqFt
313 Longbridge Dr
Matthews, NC 28105
Somersby
0.2 mi.

SOLD FEB 2, 2024
Sold for $235/Sq Ft & 106% of list
2 cumulative days on market
$451,000 (sales price)
3 bed  ▪  2 full & 1 h. bath  ▪  1,923 SqFt
216 Sandymead Rd
Matthews, NC 28105
Somersby
0.2 mi.

SOLD JUL 3, 2023
Sold for $251/Sq Ft & 98% of list
25 cumulative days on market
$565,000 (sales price)
4 bed  ▪  2 full & 1 h. bath  ▪  2,251 SqFt
1124 Somersby Ln
Matthews, NC 28105
Somersby
0.0 mi.

Neighborhood Summary (single family)
Somersby

Sales in:

Median $ / Sq Ft (single family)
Somersby




28105 ZIP Code Trends
28105 ZIP Code Trends

OUR RATING: MOST COMPETITIVE

In Our ZIP Code Analysis (updated daily), we found that 28105 is the 3rd most competitive area for buyers out of 66 ZIP codes analyzed in the Charlotte metro area.

In the 28105 ZIP code, for the past 90 days the following trends have occurred for previously owned homes listed in the Canopy MLS:

5
Median Days
Until Pending
Homes (that actually sold) went under contract after a median of 5 cumulative days on market in the 28105 area. Compare this with the Charlotte metro area median of 17 days on market.

53%
Of Recently Sold Homes
Over Asking Price
53% of previously owned 28105-area homes sold over the asking price (versus 25% of all homes in the Charlotte metro area). See examples of sold homes selling over asking in 28105.

64%
of Available Homes
Are Under Contract
64% of previously owned 28105-area homes are under contract – compared with 49% of all homes in the Charlotte metro area.

Price Per Square Foot Change
Period 28105 Area Metro Area
1-year Steady + 3%
2-year + 4% + 2%
5-year +64% +66%
The price per square foot of 28105-area re-sale homes has increased by approximately 64% over the past 5 years (versus a 66% increase for the entire Charlotte metro area). Homes have been selling at a median of $218 per square foot in 28105 over the past 90 days - as compared to $212 for the entire metro area.

5
Median Days
Until Pending

Homes (that actually sold) went under contract after a median of 5 cumulative days on market in the 28105 area. Compare this with the Charlotte metro area median of 17 days on market.

53%
Of Recently Sold Homes
Over Asking Price

53% of previously owned 28105-area homes sold over the asking price (versus 25% of all homes in the Charlotte metro area). See examples of sold homes selling over asking in 28105.

Price Per Square Foot Change
Period 28105
Area
Metro
Area
1-year Steady + 3%
2-year + 4% + 2%
5-year +64% +66%

The price per square foot of 28105-area re-sale homes has increased by approximately 64% over the past 5 years (versus a 66% increase for the entire Charlotte metro area). Homes have been selling at a median of $218 per square foot in 28105 over the past 90 days - as compared to $212 for the entire metro area.

64%
of Available Homes
Are Under Contract

64% of previously owned 28105-area homes are under contract – compared with 49% of all homes in the Charlotte metro area.



Our Value Guesstimate: $475,227

Our computer algorithm has estimated that this home would be likely to sell in a range between $403,943 and $546,511.


Sale Details
Sales Price: $310,000
Closed: Jul 15, 2020 (1,352 days ago)
List Price: $315,000
Sold for: 98% of list price
Cumulative Days on Market: 1
Price/Sq Ft: $174
Remarks
(from previous listing) **Multiple offers received. Please send highest and best by 5pm Saturday May 30th** A hidden gem in a very sought after area! This beautiful home is situated in a mature neighborhood with NO HOA and is close to shopping/dining in Waverly, Promenade, downtown Matthews and Arboretum for anything you n ...
Continue reading

General Info - MLS 3623508
Parking: Detached, Garage - 2 Car
Year Built: 1984
Master / Primary Bedroom: Upper floor
Listing Status: Sold
Property Type: Single Family Home
Location: Matthews / Mecklenburg County
Lot Size: .35 acres

Neighborhood Info
Subdivision: Somersby
Listing History
07/15/2020: MLS Sold for $310,000 (Canopy MLS)
Cumulative Days on Market: 1
More details


02/24/2017: MLS # 3243248 sold for $245,000 (Canopy MLS) - SEE LISTING
Cumulative Days on Market: 8
Area Schools
10/10
Elizabeth Lane Elementary School
Distance: 0.5 mi
10/10
South Charlotte Middle School
Distance: 3.0 mi
10/10
Providence High School
Distance: 1.0 mi

*School ratings sourced from CarolinaSchoolHub. To verify enrollment eligibility, please contact the school directly.


  More Home Details
  Map / Satellite View

1% List Fee for Sellers

We offer full-service listing services for 1% when you buy and sell.

Are You the Owner?

Inquire about getting a more precise estimate on your home's value from one of our experienced agents


 



1% List Fee for Sellers

We offer full-service listing services for 1% when you buy and sell.

Are You the Owner?

Inquire about getting a more precise estimate on your home's value from one of our experienced agents




1% List Fee for Sellers

We offer full-service listing services for 1% when you buy and sell.

1% List Fee for Sellers

We offer full-service listing services for 1% when you buy and sell.
If you’re looking to sell a home in the Somersby neighborhood, we’d be happy to discuss this with you. We can also assist homebuyers and sellers in neighborhoods nearby, including Reverdy Woods, Mallory Manor, and Reverdy Farms.



CDS Data Share Based on information submitted to the MLS GRID as of 03/28/2024. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. School assignments should be verified and are subject to change. Properties may or may not be listed by the office/agent presenting the information. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Properties reported may be listed or sold by various participants in the MLS. Copyright© 2024 Canopy Multiple Listing Services, Inc. All rights reserved.