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1518 Squirrel Lake Ct, Matthews, NC, 28105

3beds
3baths
2,651sqft
$650,000
$245price/sqft
$4,150/moest. monthly cost
$166,000/yrincome needed

About This Home

Desirable Matthews community minutes from the new I-485 interchange. This well cared for home is convenient yet private in the quaint community of Squirrel Lake Village. A spacious flowing open floorpan with large family room adjacent to the kitchen which features 42” cabinets, ss appliances & large island with lower cabinets. Abundant natural light floods the space through the numerous windows and French doors that lead to a private tiled patio with a gas grill and pergola / awning. Large primary suite upstairs features tray ceiling with en-suite bath featuring garden tub, separate shower and dual vanities. Huge bonus room provides numerous opportunities such as theatre room, fitness room, office, 4th bedroom, etc. Quiet relaxation awaits in the backyard as the wooded buffer provides excellent privacy. Located on a quiet cul de sac street. SELLER WILL PROVIDE A ONE YEAR HOME WARRANTY TO BE PAID AT CLOSING. . SELLER OFFERING $5000 CC CREDIT TO BUYER WITH ACCEPTABLE OFFER PAID AT CLOSING.

Getting Around

4
WalkingCar-Dependent
0
TransitVery Limited Transit
40
BikeSomewhat Bikeable

Schools

8/10
Matthews ElementaryGrades K-50.8 mi
10/10
Crestdale MiddleGrades 6-81.9 mi
6/10
David W Butler HighGrades 9-122.4 mi

Construction

Condition

  • Year built: 2007

Materials

  • Foundation: Slab
  • Roof: Fiberglass
  • Construction materials: Brick Partial,Vinyl

Type & Style

  • Home type: SingleFamily
  • Architectural style: Transitional
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Gas Cooktop
  • Laundry features: Electric Dryer Hookup,Inside,Laundry Room,Main Level,Washer Hookup

Bathroom Full

  • Level: Upper

Bathroom Half

  • Level: Main

Bedroom S

  • Level: Upper

Bedroom S

  • Level: Upper

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Bonus Room

  • Level: Upper

Breakfast

  • Level: Main

Dining Room

  • Level: Main

Family Room

  • Features: Ceiling Fan(s),Open Floorplan,See Remarks
  • Level: Main

Features

  • Window features: Insulated Windows
  • Flooring: Carpet,Hardwood,Tile,Vinyl,Wood
  • Fireplace features: Family Room,Gas Log
  • Finished area below ground: 0
  • Finished area above ground: 2,651

Heating & Cooling

  • Heating features: Natural Gas
  • Cooling features: Central Air,Electric

Interior Area

  • Total structure area: 2,651
  • Total interior livable area: 2,651 sqft

Kitchen

  • Features: Kitchen Island,Open Floorplan
  • Level: Main

Primary Bedroom

  • Features: Ceiling Fan(s),Garden Tub,Tray Ceiling(s),Walk-In Closet(s)
  • Level: Upper

Property

Details

  • Parcel number: 22731142
  • Zoning: R-12(CD)
  • Special condition: Standard
  • Exclusions: Home water filtration system in garage will be removed by seller.

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Awning(s),Patio,Rear Porch

Lot

  • Lot size: 0.23 Acres
  • Features: Wooded
  • Lot size dimensions: 51 x 153 x 72 x 152

Parking

  • Total spaces: 2
  • Parking features: Attached Garage,Garage Door Opener,Garage Faces Front,Keypad Entry,Garage on Main Level
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

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

  • Inland Flooding
    Inland FloodingModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Inland Flooding
Tornado

FEMA Declared Disasters in Mecklenburg 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 $3,286$39,432
Home Insurance *$209$2,508
Property Taxes $409$4,908
Electricity $246$2,962
Total$4,150$49,800
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$142,285/yr
40% on housing$124,500/yr
45% on housing$110,666/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: 12.8%
12.8%
0%30.0%
Electricity Growth Rate10-year average: 4.0%
4.0%
0%15.0%
Property Taxes Growth Rate2-year average: 0.8%
0.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$245This listing

vs Other Active Listings

Avg $/sqft

ZIP 28105$265
Mecklenburg County$237

vs Homes Sold Last Month

Median $/sqft

ZIP 28105$228
Mecklenburg County$238

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)

Price History

DateEventPrice
2026-05-11Price change$635,000
2026-04-22Listed for sale$650,000
2015-09-08Sold$282,500
2015-07-25Listed for sale$289,000
2012-08-21Sold$208,500
2008-04-07Sold$290,000

For Sale by Agent

AgentTodd Lynch
BrokerageLynch Realty

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