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3632 Pleasant Plains Rd, Matthews, NC, 28104

2beds
1baths
884sqft
$599,000
$678price/sqft
$3,675/moest. monthly cost
$147,000/yrincome needed

About This Home

Excellent investment opportunity in the growing Stallings / Matthews area! This unique property at 3632 Pleasant Plains Road offers a rare combination of land, existing residential improvements, accessory structures, two separate driveways and strong future-use potential. Located along Pleasant Plains Road near the Arlington Downs area, the property sits in a corridor with surrounding residential, commercial, and mixed-use activity, making it an attractive option for buyers looking for flexibility, rental income, or long-term redevelopment possibilities. The existing home provides immediate residential use and potential rental income, while the oversized lot, detached structures, open yard space, driveway access, and additional parking/storage areas create opportunities for a variety of owner-user or investment scenarios. Potential uses may include rental housing, live/work use, small business operations, contractor/storage use, office conversion, or future redevelopment, subject to zoning, permitting, and municipal approval. For investors, this property offers multiple layers of value: current residential rental potential, land value, accessory building utility, and possible future commercial or higher-density development opportunities. The location near established neighborhoods, growing traffic corridors, and nearby commercial nodes makes this a compelling hold, lease, or redevelopment candidate. Whether you are an investor, small business owner, developer, or buyer looking for a property with more than standard residential use, this site offers strong upside in one of Union County’s increasingly active growth areas. Buyer to verify all zoning, permitted uses, rezoning potential, utilities, development capacity, and municipal requirements with the Town of Stallings and Union County. Willing to negotiate on the price, cash offers will be considered first.

Getting Around

54
WalkingSomewhat Walkable
0
TransitVery Limited Transit
37
BikeSomewhat Bikeable

Schools

6/10
3/10
Sun Valley Middle SchoolGrades 6-84.1 mi
5/10
Sun Valley High SchoolGrades 9-124.1 mi

Construction

Condition

  • Year built: 1955

Materials

  • Roof: Asphalt

Type & Style

  • Home type: SingleFamily

Interior

Appliances

  • Appliances included: Microwave,Range / Oven,Refrigerator

Basement

  • Basement: None

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Flooring: Tile,Hardwood,Laminate
  • Fireplace: Yes

Interior Area

  • Total interior livable area: 884 sqft

Property

Details

  • Parcel number: 07129304

Features

  • Exterior features: Brick
  • Has view: Yes
  • View description: Territorial,Water,City
  • Has water view: Yes
  • Water view: Water

Lot

  • Lot size: 1 Acres

Parking

  • Total spaces: 18
  • Parking features: Carport,Garage - Attached

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Ice Storm
    Ice StormRelatively High
  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Ice Storm
Tornado
Cold Wave
Inland Flooding
Lightning
Strong Wind
Winter Weather

FEMA Declared Disasters in Union County and North Carolina

Flood
Hurricane
Mud Landslide
Severe Storm
Tropical Depression
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,028$36,336
Home Insurance *$163$1,956
Property Taxes $284$3,408
Electricity $200$2,405
Total$3,675$44,100
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$126,000/yr
40% on housing$110,250/yr
45% on housing$98,000/yr

North Carolina FAIR Plan Programs

North Carolina Joint Underwriting Association - FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

NCIUA - Coastal Property Insurance Pool (CPIP)

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 235,990Commercial: 10,165
Total Premiums$278.20M
Total Exposure$57.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.3%
9.3%
0%30.0%
Electricity Growth Rate10-year average: 4.0%
4.0%
0%15.0%
Property Taxes Growth Rate2-year average: 1.1%
1.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$678This listing

vs Other Active Listings

Avg $/sqft

ZIP 28104$243
Union County$223

vs Homes Sold Last Month

Median $/sqft

ZIP 28104$236
Union County$205

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-04-25Listed for sale$599,000
2015-07-09Sold$131,000

For Sale by Owner

AgentProperty Owner

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