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    Property profile & analytics

    Matthews, NC 28105

    • Garden apartment buildings
    • 15,422 SF
    • 20.70 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jan 05, 2024
    Location Intelligence
    Property ID
    US53-0702408
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Garden apartment buildings

    Property Details

    Year built
    1995
    Lot size
    20.70 lot acres
    Property size
    15,422 SF
    Property type
    Garden apartment buildings
    APN
    22706174
    APU
    22706174

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Matthews
    County
    Mecklenburg
    State
    North Carolina
    Longitude
    -80.7103532
    Latitude
    35.0450794
    CBSA code
    16740
    CBSA name
    CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $182,135
    $7,061,900
    $17,769,100
    $24,831,000
    -
    $7,061,900
    $17,769,100
    $24,831,000

    Comparable in this City

    • Value Estimation by Request
      19,056 SF

      810 Matthews Cmns Dr

      GARDEN APT, COURT APT (5+ UNITS) • 19,056 SF
      810 Matthews Cmns Dr, Matthews, NC 28105-6128
      View Details
    • Value Estimation
      $3,005,000
      16,716 SF

      324 Matthews St

      GARDEN APT, COURT APT (5+ UNITS) • 16,716 SF
      324 Matthews St, Matthews, NC 28105-5469
      View Details
    • Value Estimation by Request
      22,296 SF

      7910 Vinings Oak Ln

      GARDEN APT, COURT APT (5+ UNITS) • 22,296 SF
      7910 Vinings Oak Ln, Matthews, NC 28105-5103
      View Details
    • Value Estimation by Request
      21,048 SF

      1505 Cameron Matthews Dr

      GARDEN APT, COURT APT (5+ UNITS) • 21,048 SF
      1505 Cameron Matthews Dr, Matthews, NC 28105-0937
      View Details
    • Value Estimation by Request
      14,025 SF

      825 Park Ctr Dr

      GARDEN APT, COURT APT (5+ UNITS) • 14,025 SF
      825 Park Ctr Dr, Matthews, NC 28105-5043
      View Details
    • Value Estimation by Request
      14,450 SF

      817 Park Ctr Dr

      GARDEN APT, COURT APT (5+ UNITS) • 14,450 SF
      817 Park Ctr Dr, Matthews, NC 28105-5045
      View Details

    Similar Nearby for Sale

    • New
      $749,000
      0.86 Acres

      Updated Duplex in Desirable Location

      Income-producing duplex near Charlotte with short-term rental potential.
      101 Courtney Ln, Matthews, NC 28105
      View Details
    • $2,395,000

      Entitled Subdivision Land Opportunity

      30-lot subdivision for duplexes and triplexes in Matthews, NC.
      000 Simfield Church Rd, Matthews, NC 28105
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    • $388,000
      1,579 SF

      Charming Home with Cozy Fireplace

      Charming home featuring a fireplace and natural color palette.
      2905 Polo View Ln, Matthews, NC 28105
      View Details
    • $594,500
      5.74 Acres

      Lake Bluff Drive Estate Lot

      5.74 Acres, Mint Hill, NC
      00 Lake Bluff Dr, Matthews, NC 28105
      View Details
    • $1,750,000

      Equestrian Estate Near Charlotte

      Luxurious home on 7+ acres with horse facilities.
      11215 Idlewild Rd, Matthews, NC 28105
      View Details
    • $3,900,000

      Matthews Land: 10.4 Acres

      Prime Matthews development land, I-485 access.
      1904 John St, Matthews, NC 28105
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      146,797 SF

      Matthews Medical Office Land

      3.37 Acres, 43,000 SF Potential
      2930 Matthews Township Pkwy, Matthews, NC 28105
      View Details
    • Contact for pricing

      Restaurant Space in Matthews, NC

      2,806 SF former restaurant with patio space for lease.
      Matthews, NC 28105
      View Details
    • Contact for pricing
      75,000 SF

      Matthews Retail Space Available

      Prime Matthews storefront, 1,920 sq ft.
      3555 Matthews-Mint Hl Rd, Matthews, NC 28105
      View Details
    • Contact for pricing
      9,600 SF

      Matthews Retail & Office Space

      Prime Matthews location, flexible suites.
      1640 Matthews Township Pkwy, Matthews, NC 28105
      View Details
    • Contact for pricing
      21,780 SF

      Matthews Land: Prime Commercial Site

      Half-acre commercial lot, ideal location.
      527 John St, Matthews, NC 28105
      View Details
    • $96,000
      189,922 SF

      Prime Charlotte Industrial Lot

      4.35-Acre Truck Parking & Storage
      2101 Mt Harmony Church Rd, Matthews, NC 28105
      View Details
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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