tomo logo

$400,000

Beds
3
Baths
2.0
sq ft
1,526

1227 Lightwood Drive, Matthews, NC 28105

1227 Lightwood Drive

Matthews, NC 28105

  • 6 days on market
MUST SEE in MATTHEWS! This cozy ranch rests on nearly half an acre; offering the perfect blend of indoor comfort, updates, and outdoor charm. One level living at its finest; inside you have an open plan with the living room, kitchen, and dining room areas. The kitchen offers refinished butcher block countertops, refreshed cabinets, and updated appliances with modern finishes. This main living area is perfect for cooking and entertaining, and a beautifully renovated primary bath designed for relaxation. Natural light fills the living spaces, creating a warm, welcoming feel throughout. Outside the large back deck and expansive backyard offer incredible outdoor living. The private and landscaped backyard—ideal for gatherings, gardening, or quiet mornings with coffee. Located in coveted Matthews with easy access to so many options; shopping, dining, parks, and more. Convenient to 74 and 485, this home delivers all the comfort and serenity. A rare find and true gem inside and out!

Details

Property type

Single Family Residence

Est. home value

$365,742

Lot size

Unknown

Price per sq ft

$263

Year built

1975

Price History

04/01/2025
CanopyMLS

CanopyMLS #4238687

Listed
$400,000
+60.97%
09/11/2020
CanopyMLS

CanopyMLS #3647572

Sold
$248,500
+66.78%
12/18/2014
CanopyMLS

CanopyMLS #3040661

Sold
$149,000
+80.61%

Schools & Community

Elementary school: 

Mint Hill

Middle school: 

Mint Hill

High school: 

Butler

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$151,078
Asking price
$400,000
Closing costs (~8% of asking)
-$32,000
Est. remaining loan balance
-$216,922
Cash to seller
$151,078

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Ladera Lending Inc

Loan start date

September 2021

Original loan amount

$235,400

Est. remaining balance

$216,922

Interest rate

2.78%

Loan type

New Conventional, 30 year

Seller

Frankie Arthur

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 04/01/2025 at 1:50 PM

Listing updated: 04/01/2025 at 2:15 AM

Listed by: Steve Lonnen, Real Broker, LLC Phone #: (919) 348-2585

MLS: CanopyMLS #4238687

CanopyMLS logo

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