NOT LISTED FOR SALE

121 Shimmerlake Ln Unit 5 Belmont, NC 28012

Estimated Value: $1,033,000 - $1,255,000

5 Beds
4 Baths
3,772 Sq Ft
$293/Sq Ft Est. Value

Last Sold May 07, 2018

Last sale price $654,254 $173 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $6,673/month

424 Days on Market

Highlights

  • Fitness Center
  • Under Construction
  • Clubhouse
  • New Hope Elementary School Rated 10
  • Community Lake
  • Private Lot

About This Home

As of May 2018

Open Master Bedroom home on a half acre wooded home site. This 5 bedroom home is equipped with all of the essentials: sitting room off master, large owners closet, gourmet kitchen, extended breakfast nook, formal dining, home office, drop zone off the garage, large laundry room with cabinets, walk-in pantry with wood shelves, covered porch with extended deck, game room on the second floor, Jack and Jill bathroom, hardwood throughout most of downstairs, bedroom on main floor and More!

Last Agent to Sell the Property

Rob Marek

Pulte Home Corporation License #056317 Listed on: 02/11/2017

Pulte Home Corporation

Last Buyer's Agent

David Huss

Howard Hanna Allen Tate Southpark License #196350

Howard Hanna Allen Tate Southpark

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,778

Year Built

  • Built in 2017 | Under Construction

Lot Details

  • Private Lot
  • Irrigation
  • Wooded Lot
  • Many Trees

HOA Fees

  • $92 Monthly HOA Fees

Parking

  • 3

Home Design

  • Transitional Architecture
  • Stone Siding

Interior Spaces

  • 4 Full Bathrooms
  • 2-Story Property
  • Gas Log Fireplace
  • Crawl Space

Flooring

  • Wood
  • Carpet
  • Vinyl

Outdoor Features

  • Pond

Listing and Financial Details

  • Assessor Parcel Number 224753

Community Details

Overview

  • Built by John Wieland Homes
  • Community Lake

Amenities

  • Clubhouse

Recreation

  • Recreation Facilities
  • Community Playground
  • Fitness Center
  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,778

Year Built

Built in 2017 | Under Construction

Lot Details

0

HOA Fees

$92 per month

Parking

3

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Architectural Style: Transitional
  • Construction Status: Under Construction
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.17337
  • Ratio Current Price By Acre: 1189552.73
  • Ratio Current Price By Sq Ft: 173.45
  • Year Built: 2017
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Foundation Details: Brick, Crawl Space
  • Upper Level Sq Ft: 1746
  • Full Bathrooms: 4
  • Total Bathrooms: 4.00
  • Total Bedrooms: 5
  • Equipment: Cable Prewire, Cooktop Gas, Dishwasher, Disposal, Exhaust Fan, Microwave, Wall Oven
  • Fireplace Description: Gas Logs, Great Room
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl, Wood
  • Laundry Location: Main
  • Room Count: 2
  • Main Level Sq Ft: 2026
  • Total Sq Ft: 3772

Exterior Features

  • Construction: Brick Partial, Fiber Cement, Shingle, Stone
  • Construction Type: Site Built
  • Exterior Features: In-Ground Irrigation
  • New Construction: Yes
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Concrete
  • Parking: Garage - 3 Car, Parking Space - 4+

Utilities

  • Heating: Central Air, Gas Hot Air Furnace
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Community Features: Club House, Fitness Center, Lake, Playground, Pond, Outdoor Pool, Recreation Area, Street Lights, Walking Trails
  • Association Fee: 1104.00
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory

Schools

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

Lot Info

  • Lot Features: Lake Access, Private, Trees, Views, Water view, Wooded
  • Lot Size Area: 0.550
  • Parcel Number: 224753
  • Plat Reference Section Pages: 2146
  • Zoning: Residential
  • Zoning Specification: RES

Building Info

  • Builder Name: John Wieland Homes

Tax Info

  • Tax Location: Belmont

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2017
Closed on
May 2, 2018
Sold by
Pulte Home Company Llc
Bought by
Breit Raya J and Breit Kenneth P
Seller's Agent
Rob Marek
Pulte Home Corporation
Buyer's Agent
David Huss
Howard Hanna Allen Tate Southpark
List Price
$557,584
Sold Price
$654,254
Premium/Discount to List
$96,670
17.34%
Current Estimated Value
$1,106,474

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$452,220
Avg. Annual Appreciation
7.29%
Original Mortgage
$523,403
Outstanding Balance
$451,186
Interest Rate
4.45%
Mortgage Type
New Conventional
Estimated Equity
$655,288

Purchase Details

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

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Breit Raya J $654,500 None Available
Pulte Homes Corp $2,052,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Breit Raya J $523,403
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/07/2018 05/07/18 Sold $654,254 +17.3% $173 / Sq Ft
04/11/2018 04/11/18 Pending -- -- --
02/11/2017 02/11/17 For Sale $557,584 -- $148 / 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 $8,778 $832,810 $120,000 $712,810
2024 $8,778 $832,810 $120,000 $712,810
2023 $8,869 $832,810 $120,000 $712,810
2022 $7,877 $603,590 $100,000 $503,590
2021 $8,118 $603,590 $100,000 $503,590
2019 $8,179 $603,590 $100,000 $503,590
2018 $8,326 $601,125 $80,000 $521,125
2017 $258 $80,000 $80,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3250785

Canopy MLS (Canopy Realtor® Association)

APN: 224753