NOT LISTED FOR SALE

120 Shimmer Lake Ln Unit 154 Belmont, NC 28012

Estimated Value: $1,019,701 - $1,064,000

5 Beds
4 Baths
3,775 Sq Ft
$277/Sq Ft Est. Value

Last Sold February 28, 2019

Last sale price $609,000 $161 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $6,350/month

121 Days on Market

Highlights

  • Fitness Center
  • Under Construction
  • Clubhouse
  • New Hope Elementary School Rated 10
  • Community Lake
  • Traditional Architecture

About This Home

As of February 2019

Welcome to the waterfront community of McLean, now under construction along 5 miles of pristine shoreline on Lake Wylie in Belmont, NC. This captivating setting on Charlotte’s oldest and nearest lake is being thoughtfully transformed, weaving neighborhoods and parks into its timeless tapestry. An active community like no other in the region, McLean boasts more than ten miles of trails connecting residents to its scenic landscape and the waterfront, historic homes, Daniel Stowe Botanical Garden and each other. Your new home awaits offering five full bedrooms and 4 and one half bath. The standard features in this home are tremendous but the two the that stand out immediately upon entry is the 10' ceilings and 8' doors on the first floor. The Walden home offers many upgrades including gourmet kitchen with luxury island, custom trim including coffered and tray ceilings, crown molding on the first floor, hardwoods and natural gas.

Last Agent to Sell the Property

Alyssa Bergman

Taylor Morrison of Carolinas Inc License #308454 Listed on: 10/13/2018

Last Buyer's Agent

Nancy Carlton

Dickens Mitchener & Associates Inc License #236716

Dickens Mitchener & Associates Inc

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2018 | Under Construction

Lot Details

  • Irrigation
  • Many Trees

HOA Fees

  • $109 Monthly HOA Fees

Parking

  • 3

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Tray Ceiling
  • Gas Log Fireplace
  • Insulated Windows
  • Window Treatments
  • Crawl Space
  • Kitchen Island

Flooring

  • Engineered Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • 4 Full Bathrooms

Utilities

  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 224765

Community Details

Overview

  • Property Matters Realty Association, Phone Number (704) 861-0833
  • Built by John Wieland Homes and Neighborhood
  • Community Lake

Amenities

  • Clubhouse

Recreation

  • Recreation Facilities
  • Fitness Center
  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Year Built

Built in 2018 | Under Construction

Lot Details

0

HOA Fees

$109 per month

Parking

3

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Architectural Style: Traditional
  • Construction Status: Under Construction
  • Ratio Close Price By List Price: 0.98241
  • Ratio Close Price By Original Li: 0.95920
  • Ratio Current Price By Acre: 1015000.00
  • Ratio Current Price By Sq Ft: 161.32
  • Year Built: 2018
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space
  • Upper Level Sq Ft: 2010
  • Full Bathrooms: 4
  • Total Bathrooms: 4.00
  • Total Bedrooms: 5
  • Doors and Windows: g-Insulated Door(s), Insulated Windows
  • Equipment: Cable Prewire, Ceiling Fan(s), Cooktop Gas, Dishwasher, Disposal, Ice Maker Connection, Microwave, Natural Gas, Exhaust Hood, Wall Oven
  • Fireplace Description: Gas Logs, Great Room
  • Fireplace: Yes
  • Flooring: Carpet, Prefinished Wood, Tile
  • H O A Management Phone: 7048610833
  • Interior Amenities: Cable Available, Kitchen Island, Pantry, Tray Ceiling, Walk-In Closet(s), Window Treatments
  • Laundry Location: Upper
  • Room Count: 2
  • Main Level Sq Ft: 1765
  • Total Sq Ft: 3775
  • Sq Ft Unheated Main: 610
  • Sq Ft Unheated Total: 610

Exterior Features

  • Construction: Fiber Cement, Shingle, Stone Veneer, Vinyl, Wood
  • Construction Type: Site Built
  • Exterior Features: In-Ground Irrigation
  • New Construction: Yes

Garage/Parking

  • Driveway: Concrete
  • Parking: Garage - 3 Car

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Natural Gas

Condo/Co-op/Association

  • Community Features: Club House, Fitness Center, Lake, Outdoor Pool, Recreation Area, Street Lights, Walking Trails
  • Association Fee: 326.00
  • Association Fee Frequency: Quarterly
  • HOA Management Company: Property Matters Realty
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: New Hope
  • Middle School: Cramerton
  • High School: South Point (NC)

Lot Info

  • Lot Dimension: 103x220x96x222
  • Lot Features: Paved Frontage, Trees
  • Lot Size Area: 0.600
  • Parcel Number: 224765
  • Zoning Specification: GR-CD

Building Info

  • Builder Name: John Wieland Homes and Neighborhood

Tax Info

  • Tax Value: 619905.00
  • Tax Location: Belmont

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 10, 2020
Sold by
Valentine Wade Bryan and Valentine Jamine Ann
Bought by
Wani Javaid H and Wani Massaratt
Current Estimated Value
$1,045,425

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$544,000
Outstanding Balance
$481,479
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$563,946

Purchase Details

Listed on
Oct 13, 2018
Closed on
Feb 28, 2019
Sold by
Pulte Homes Company Llc
Bought by
Valentine Wade Bryan and Valentine Jasmine Ann
Seller's Agent
Alyssa Bergman
Taylor Morrison of Carolinas Inc
Buyer's Agent
Nancy Carlton
Dickens Mitchener & Associates Inc
List Price
$619,905
Sold Price
$609,000
Premium/Discount to List
-$10,905
-1.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.46%
Original Mortgage
$209,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 23, 2016
Sold by
Nw Lake Wylie Llc
Bought by
Pulte Homes Corp
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Wani Javaid H $680,000 None Available
Valentine Wade Bryan $609,000 None Available
Pulte Homes Corp $2,052,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wani Javaid H $544,000
Previous Owner Valentine Wade Bryan $209,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2019 02/28/19 Sold $609,000 -1.8% $161 / Sq Ft
02/11/2019 02/11/19 Pending -- -- --
01/16/2019 01/16/19 For Sale $619,905 +1.8% $164 / Sq Ft
12/31/2018 12/31/18 Off Market $609,000 -- --
11/28/2018 11/28/18 Price Changed $619,905 -2.4% $164 / Sq Ft
10/13/2018 10/13/18 For Sale $634,905 -- $168 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,581 $814,100 $120,000 $694,100
2024 $8,581 $814,100 $120,000 $694,100
2023 $8,670 $814,100 $120,000 $694,100
2022 $7,932 $607,800 $100,000 $507,800
2021 $8,175 $607,800 $100,000 $507,800
2019 $4,554 $607,800 $100,000 $507,800
2018 $1,108 $80,000 $80,000 $0
2017 $219 $80,000 $80,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3429998

Canopy MLS (Canopy Realtor® Association)

APN: 224765