tomo logo

$750,000

Beds
5
Baths
3.5
sq ft
3,435

5507 Two Iron Drive, Matthews, NC 28104

5507 Two Iron Drive

Matthews, NC 28104

  • 13 days on market
    • Price drop $10,000↓
OFFERING 5k TOWARDS CLOSING COSTS OR CUSTOMIZATION WITH A REASONABLE OFFER!!! This stunning home offers 5 generously sized bedrooms and 3.5 bathrooms, situated on a golf course with direct access from the backyard. Natural light floods the space through the sunroom, creating a bright, airy atmosphere while offering beautiful views of the course. The impressive two-story ceilings lend a grand sense of openness throughout. The interior has been freshly painted, including the kitchen cabinets, and features modern fixtures. The chef’s kitchen is complete with a custom hood range, ideal for cooking and entertaining. The primary bedroom is conveniently located on the main level, offering both privacy and easy access. Additional thoughtful upgrades include a new upstairs HVAC unit, a central vacuum system, and an encapsulated crawlspace with a commercial-grade dehumidifier. With plenty of storage throughout the home, including in the spacious 2-car garage, you’ll have room for all your needs.

Details

Property type

Single Family Residence

Est. home value

$663,820

Lot size

Unknown

Price per sq ft

$219

Year built

2004

Monthly HOA fee

$17.67

Price History

02/21/2025
CanopyMLS

CanopyMLS #4221195

Price change
$750,000
-1.32%
02/12/2025
CanopyMLS

CanopyMLS #4221195

Listed
$760,000
+18.49%
08/08/2023
CanopyMLS

CanopyMLS #4021440

Sold
$641,400
+42.57%

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

$185,319
Asking price
$750,000
Closing costs (~8% of asking)
-$60,000
Est. remaining loan balance
-$504,681
Cash to seller
$185,319

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

$504,681

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: Active

Tomo last checked: 02/23/2025 at 4:40 AM

Listing updated: 02/21/2025 at 9:09 AM

Listed by: Anna Khater, United Real Estate-Queen City Phone #: (704) 628-7653

MLS: CanopyMLS #4221195

CanopyMLS logo

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