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$663,820Estimated home value

Beds
4
Baths
3.5
sq ft
3,320

5507 Two Iron Drive, Matthews, NC 28104

5507 Two Iron Drive

Matthews, NC 28104

  • Sold On 8/9/2023
    • Price drop $50,000↓
GOLF COURSE 7th TEE BOX LOCATION! New front door and fresh paint downstairs. MOVE IN READY! Superb views. Custom built home sure to please. Strategically situated on short culdesac street for privacy. Prepare to be impressed from entry to exit! Exquisite arched openings, hardwood floors, heavy crown mold and chair rail. Tons of maple cabinets (17) and eat-at island accented by granite tops. Lg BKR with plantation shutters. Enormous MBR w/double tray ceiling and huge MBA w/whirlpool tub and separate shower. Oversized WI custom closet. Fantastic sunroom w/view of golf course. Huge BONUS room w/closet. Oversized garage boasts custom storage cabinets. Luscious landscaping (6 Japanese Maples) w/full yard irrigation. Unbelievable walk-in attic storage in 3 areas. A MUST SEE!

Details

Property type

Single Family Residence

Est. home value

$663,820

Lot size

0.46 acres

Price per sq ft

$196

Year built

2004

Price History

03/23/2025
CanopyMLS

CanopyMLS #4221195

Removed
$750,000
02/27/2025
CanopyMLS

CanopyMLS #4221195

Pending
$750,000
02/21/2025
CanopyMLS

CanopyMLS #4221195

Price change
$750,000
-1.32%

Schools & Community

Elementary school: 

Stallings

Middle school: 

Porter Ridge

High school: 

Porter Ridge

Community features: 

Golf

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

$93,390
Asking price
$649,000
Closing costs (~8% of asking)
-$51,920
Est. remaining loan balance
-$503,690
Cash to seller
$93,390

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

Seller’s Loan History

Lender

Movement Mortgage

Loan start date

August 2023

Original loan amount

$513,120

Est. remaining balance

$503,690

Interest rate

6.69%

Loan type

New Conventional, 30 year

Seller

Claud Khater and Anna Belle Khater

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?

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Status: Off Market

Tomo last checked: 04/05/2025 at 4:10 AM

Listing updated: 04/03/2024 at 11:01 PM

Listed by: Munir Brelvi, Brelvi Construction Inc Phone #: (704) 401-6873

MLS: CanopyMLS #4021440

CanopyMLS logo

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