2418 Cherrywood Ln
Matthews, NC 28104
4 bd 5 ba 5,069 sqft Built 2023 Lot 43,560 sqft single_family
Most recent sale
$250,000
Jun 13, 2023
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 31, 2024 | Sold | $1,635,000 | Public Record |
| Apr 22, 2024 | Listed | $1,850,000 | CanopyMLS |
| Jun 13, 2023 | Sold | $250,000 | Public Record |
| Jun 12, 2023 | Sold | $182,500 | Public Record |
| Mar 14, 2000 | Sold | $33,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $1,516,700 | $129,800 | $1,646,500 | $8,225 |
| 2024 | $1,516,700 | $129,800 | $1,646,500 | $5,189 |
| 2023 | — | $83,800 | $83,800 | $530 |
| 2022 | — | $83,800 | $83,800 | $532 |
| 2021 | — | $83,800 | $83,800 | $532 |
| 2020 | — | $70,000 | $70,000 | $548 |
| 2019 | — | $70,000 | $70,000 | $548 |
| 2018 | — | $70,000 | $70,000 | $548 |
| 2017 | — | $70,000 | $70,000 | $546 |
| 2016 | — | $70,000 | $70,000 | $536 |
| 2015 | — | $70,000 | $70,000 | $543 |
| 2014 | — | $80,000 | $80,000 | $609 |
| 2013 | — | $80,000 | $80,000 | $528 |
| 2012 | — | $80,000 | $80,000 | $528 |
| 2011 | — | $80,000 | $80,000 | $566 |
| 2010 | — | $80,000 | $80,000 | $537 |
| 2009 | — | $80,000 | $80,000 | $537 |
| 2008 | — | $80,000 | $80,000 | $537 |
| 2007 | — | $55,200 | $55,200 | $397 |
Property facts
Year built
2023
Property type
single_family
Stories
2
Beds
4
Baths
5
Living area
5,069 sqft
Lot size
43,560 sqft
ZIP code
28104
City
Matthews
Street
Cherrywood Ln
Coordinates
35.03671, -80.70698
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,500
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 2418 Cherrywood Ln last sell?
2418 Cherrywood Ln most recently sold on Jun 13, 2023 for $250,000.
What is the current tax assessment for 2418 Cherrywood Ln?
The most recent total assessment for 2418 Cherrywood Ln (year 2025) is $1,646,500 with $8,225 in property tax.
How does 2418 Cherrywood Ln's assessment compare to its last sale price?
The current assessment is 558.6% above the last sale price of $250,000.
When was 2418 Cherrywood Ln built?
2418 Cherrywood Ln was built in 2023.
How does 2418 Cherrywood Ln compare to others on Cherrywood Ln?
We track 1 other property on Cherrywood Ln. Browse the list under "Other properties on Cherrywood Ln" to compare beds, baths, and sale history.
What are the property facts for 2418 Cherrywood Ln?
2418 Cherrywood Ln is a 4 bed, 5 bath, 5,069 sqft, 43,560 sqft lot single_family.
Is 2418 Cherrywood Ln a flip candidate?
Yes — 2418 Cherrywood Ln appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 2418 Cherrywood Ln a tax-appeal candidate?
No — 2418 Cherrywood Ln is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+3.6%
Implied 1-yr
+14.3%
2026 Q3
$952.1K
2026 Q4
$979.8K
ZIP 28104 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Cherrywood Ln