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1725 Margaret Ridge Drive
1725 Margaret Ridge Drive
$2,333,045 (our value guesstimate)
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Matthews, NC 28105 ▪  (MLS # 3877571)
3-car garage  ▪   Built: 2019  ▪   Primary on Main
5 bed  ▪  5 full & 3 half bath  ▪  5,858 Sq Ft
Sold for $2,200,000 on Aug 25, 2022
1725 Margaret Ridge Drive
$2,333,045 (our value guesstimate)
Matthews, NC 28105 ▪  (MLS # 3877571)
3-car garage  ▪   Built: 2019  ▪   Primary on Main
5 bed  ▪  5 full & 3 half bath  ▪  5,858 Sq Ft
Sold for $2,200,000 on Aug 25, 2022
SOLD AUG 25, 2022
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$2,200,000  (sales price)
5 bed  ▪  5 full & 3 half bath  ▪  5,858 Sq Ft
1725 Margaret Ridge Drive
Matthews, NC 28105 (MLS # 3877571)
.82 acres  ▪   Built: 2019  ▪   Primary Bedroom on Main
Subdivision: Stevens Grove
Matthews, NC / 28105

Our Value Guesstimate (from Computer Algorithm): $2,333,045

Our computer algorithm has estimated that this home would be likely to sell in a range between $1,983,088 and $2,683,002.
Sale Details
Sales Price: $2,200,000
Closed: Aug 25, 2022 (840 days ago)
List Price: $2,249,900
Sold for: 98% of list price
Cumulative Days on Market: 125
Price/Sq Ft: $376
Remarks - 1725 Margaret Ridge Drive
(from previous listing) Arthur Rutenberg Award Winning Custom Home. Why wait to build? Move in now & live in total luxury, spacious & open floor plan, totally customized for an entertainer's dream. Primary bedroom on main features massive walk-in shower, separate tub & custom walk-in closet w/island. No expense spared in gourmet Chef's kitchen w/ massive island & Cambria Quartz waterfall edge, Wolf/SubZero/Cove appliance suite wine/bev column, double convection ovens, DW, steam oven, built in microwave & built in WOLF ...
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General Info - MLS # 3877571
Master / Primary Bedroom: Main floor
3-car Garage: Garage - 3 Car
Year Built: 2019
Property Type: Single Family Home
Listing Status: Sold
Location: Matthews / Mecklenburg County
Lot Size: .82 acres
Area Schools
10/10
Elizabeth Lane Elementary School
Distance: 1.0 mi
10/10
Providence High School
Distance: 0.5 mi

*School ratings sourced from CarolinaSchoolHub. To verify enrollment eligibility, please contact the school directly.
Neighborhood Info
Subdivision: Stevens Grove
Community Features: Sidewalks, Street Lights
Listing History
08/25/2022: MLS Sold for $2,200,000 (Canopy MLS)
Cumulative Days on Market: 125
More details

County Tax Data
2023 County Tax Assessment: $2,158,900
Next Mecklenburg County Tax Assessment: 2027
2024 Property Taxes: $16,233

1% List Fee for Sellers

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See Sold Homes in Stevens Grove
SOLD SEP 17, 2024
Sold for $377/Sq Ft & 98% of list
43 cumulative days on market
$2,250,000 (sales price)
5 bed  ▪  5 full & 2 h. bath  ▪  5,971 SqFt
1031 Arborfield Dr
Matthews, NC 28105
Stevens Grove
0.1 mi.

SOLD JUL 26, 2024
Sold for $362/Sq Ft & 95% of list
17 cumulative days on market
$1,900,000 (sales price)
6 bed  ▪  4 full & 1 h. bath  ▪  5,243 SqFt
1034 Arborfield Dr
Matthews, NC 28105
Stevens Grove
0.1 mi.

SOLD MAY 9, 2024
Sold for $398/Sq Ft & 105% of list
2 cumulative days on market
$2,000,000 (sales price)
5 bed  ▪  5 full & 1 h. bath  ▪  5,024 SqFt
937 Arborfield Dr
Matthews, NC 28105
Stevens Grove
0.1 mi.

Neighborhood Summary (single family)
Stevens Grove

Sales in:

Median $ / Sq Ft (single family)
Stevens Grove




28105 ZIP Code Trends
28105 ZIP Code Trends

OUR RATING: MOST COMPETITIVE

#11 most competitive out of 64 ZIP Codes

In our ZIP Code Analysis (updated daily), we found that 28105 is the 11th most competitive area for buyers out of 64 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:

20
Median Days
Until Pending
Homes (that actually sold) went under contract after a median of 20 cumulative days on market in the 28105 area. Compare this with the Charlotte metro area median of 22 days on market.

30%
Of Recently Sold Homes
Over Asking Price
30% of previously owned 28105-area homes sold over the asking price (versus 19% of all homes in the Charlotte metro area). See examples of sold homes selling over asking in 28105.

48%
of Available Homes
Are Under Contract
48% of previously owned 28105-area homes are under contract – compared with 34% of all homes in the Charlotte metro area.

28105 Median Home Prices

$520k Median Single Family Price*
 
$413k Median Condo / Townhouse Price*

*Based on the last previous 90 days of home sales in the Canopy MLS. Previously owned homes only.


Price Per Square Foot Change
Period 28105 Area Metro Area
1-year + 4% + 2%
3-year +14% +16%
5-year +66% +67%
7-year +84% +89%
The price per square foot of 28105-area re-sale homes has increased by approximately 66% over the past 5 years (versus a 67% increase for the entire Charlotte metro area). Homes have been selling at a median of $224 per square foot in 28105 over the past 90 days - as compared to $216 for the entire metro area. The numbers cited are based on the price per heated square foot for single family, townhomes, and condos combined.

20
Median Days
Until Pending

Homes (that actually sold) went under contract after a median of 20 cumulative days on market in the 28105 area. Compare this with the Charlotte metro area median of 22 days on market.

30%
Of Recently Sold Homes
Over Asking Price

30% of previously owned 28105-area homes sold over the asking price (versus 19% 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 + 4% + 2%
3-year +14% +16%
5-year +66% +67%
7-year +84% +89%

The price per square foot of 28105-area re-sale homes has increased by approximately 66% over the past 5 years (versus a 67% increase for the entire Charlotte metro area). Homes have been selling at a median of $224 per square foot in 28105 over the past 90 days - as compared to $216 for the entire metro area. The numbers cited are based on the price per heated square foot for single family, townhomes, and condos combined.

48%
of Available Homes
Are Under Contract

48% of previously owned 28105-area homes are under contract – compared with 34% of all homes in the Charlotte metro area.



Our Value Guesstimate: $2,333,045

Our computer algorithm has estimated that this home would be likely to sell in a range between $1,983,088 and $2,683,002.


Sale Details
Sales Price: $2,200,000
Closed: Aug 25, 2022 (840 days ago)
List Price: $2,249,900
Sold for: 98% of list price
Cumulative Days on Market: 125
Price/Sq Ft: $376
Remarks
(from previous listing) Arthur Rutenberg Award Winning Custom Home. Why wait to build? Move in now & live in total luxury, spacious & open floor plan, totally customized for an entertainer's dream. Primary bedroom on main features massive walk-in shower, separate tub & custom walk-in closet w/island. No expense spared in g ...
Continue reading

General Info - MLS 3877571
Master / Primary Bedroom: Main floor
3-car Garage: Garage - 3 Car
Year Built: 2019
Property Type: Single Family Home
Listing Status: Sold
Location: Matthews / Mecklenburg County
Lot Size: .82 acres

Neighborhood Info
Subdivision: Stevens Grove
Community Features: Sidewalks, Street Lights
Listing History
08/25/2022: MLS Sold for $2,200,000 (Canopy MLS)
Cumulative Days on Market: 125
More details

Area Schools
10/10
Elizabeth Lane Elementary School
Distance: 1.0 mi
10/10
Providence High School
Distance: 0.5 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 a fee that starts at 1%. Get the best price for your home and pay less in commissions.

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 a fee that starts at 1%. Get the best price for your home and pay less in commissions.

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 a fee that starts at 1%. Get the best price for your home and pay less in commissions. W

1% List Fee for Sellers

We offer full-service listing services for a fee that starts at 1%. Get the best price for your home and pay less in commissions.
If you’re looking to sell a home in the Stevens Grove neighborhood, we’d be happy to discuss this with you. We can also assist homebuyers and sellers in neighborhoods nearby, including Oak Manor, Reverdy Glen, and Rivendell Estates.



CDS Data Share Based on information submitted to the MLS GRID as of 12/12/2024. 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.