NOT LISTED FOR SALE

1508 Marlwood Dr Shelby, NC 28150

Estimated Value: $266,000 - $332,000

3 Beds
2 Baths
2,013 Sq Ft
$143/Sq Ft Est. Value

Last Sold July 15, 2020

Last sale price $172,000 $85 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $1,621/month

8 Days on Market

Highlights

  • Open Floorplan
  • Wood Flooring
  • Home fronts a stream
  • Ranch Style House
  • Walk-In Closet
  • Gas Log Fireplace

About This Home

As of July 2020

3 br 2 ba brick ranch home with basement. This home has approx 1,520 sq ft of heated living area on the main level & approx 493 sq ft of heated living area on the basement level for a total of approx 2,013 sq ft of heated living area. The heated unfinished basement area is approx 1,127 sq ft. The home is built w/an open floor plan & has large rooms. It has gleaming hardwoods & has been freshly painted. The living room is spacious, has a fireplace w/gas logs & lots of windows allowing plenty of natural light. The dining room is large & has a storage closet. The kitchen has lots of cabinets & counter top space. The dishwasher is newer & all of the kitchen appliances remain. The master suite has a walk-in closet & a tile walk-in shower. The family room is spacious & has a brick fireplace w/gas logs. This home has lots of storage. It has an attached single carport & a front porch which is partially covered. The home is situated on approx 1.156 acres & has a stream across the rear border.

Last Agent to Sell the Property

Tracy Whisnant

RE/MAX Select License #247445 Listed on: 06/17/2020

RE/MAX Select

Last Buyer's Agent

Debbie Scott

Stone Realty Group License #305138

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1961

Lot Details

  • Home fronts a stream

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • Open Floorplan
  • Gas Log Fireplace

Flooring

  • Wood
  • Carpet
  • Linoleum
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • 2 Full Bathrooms

Utilities

  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 24800
  • Tax Block 6/7

Home Details

Home Type

Single Family

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story Basement
  • Architectural Style: Ranch
  • Ratio Close Price By List Price: 1.01236
  • Ratio Close Price By Original Li: 1.01236
  • Ratio Current Price By Acre: 148788.93
  • Ratio Current Price By Sq Ft: 85.44
  • Year Built: 1961
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement, Basement Inside Entrance, Basement Outside Entrance, Basement Partially Finished
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Equipment: Ceiling Fan(s), Cooktop Electric, Dishwasher, Electric Dryer Hookup, Refrigerator
  • Fireplace Description: Gas Logs, Great Room, Living Room
  • Fireplace: Yes
  • Flooring: Carpet, Linoleum, Tile, Wood
  • Interior Amenities: Cable Available, Open Floorplan, Walk-In Closet(s)
  • Laundry Location: Basement
  • Room Count: 2
  • Sq Ft Basement: 493
  • Main Level Sq Ft: 1520
  • Total Sq Ft: 2013
  • Sq Ft Unheated Basement: 1127
  • Sq Ft Unheated Total: 1127

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Concrete
  • Parking: Carport - 1 Car

Utilities

  • Heating: Central Air, Gas Hot Air Furnace, Heat Pump - Heat
  • Sewer: Septic Installed
  • Water: County Water
  • Water Heater: Electric

Lot Info

  • Lot Dimension: 1999x243.47x201.13x267.72
  • Lot Features: Stream/Creek
  • Parcel Number: 24800
  • Plat Book Slide: 6-32
  • Plat Reference Section Pages: PB8-47
  • Zoning Specification: Resident

Tax Info

  • Tax Value: 129867.00
  • Tax Block: 6/7
  • Tax Location: Shelby

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2020
Closed on
Jul 14, 2020
Sold by
Lail Sean M and Lail Heidee C
Bought by
Barnes Shamone L
Seller's Agent
Tracy Whisnant
RE/MAX Select
Buyer's Agent
Debbie Scott
Stone Realty Group
List Price
$169,900
Sold Price
$172,000
Premium/Discount to List
$2,100
1.24%
Current Estimated Value
$287,402

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,402
Avg. Annual Appreciation
10.19%
Original Mortgage
$168,884
Outstanding Balance
$149,755
Interest Rate
3.1%
Mortgage Type
FHA
Estimated Equity
$137,647
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
Barnes Shamone L $172,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barnes Shamone L $168,884
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/15/2020 07/15/20 Sold $172,000 +1.2% $85 / Sq Ft
06/25/2020 06/25/20 Pending -- -- --
06/17/2020 06/17/20 For Sale $169,900 -- $84 / 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 $1,395 $219,615 $27,360 $192,255
2024 $1,236 $145,418 $24,795 $120,623
2023 $1,230 $145,418 $24,795 $120,623
2022 $1,230 $145,418 $24,795 $120,623
2021 $1,234 $145,418 $24,795 $120,623
2020 $1,148 $129,867 $24,795 $105,072
2019 $1,148 $129,867 $24,795 $105,072
2018 $1,144 $129,867 $24,795 $105,072
2017 $1,138 $129,867 $24,795 $105,072
2016 $1,088 $129,867 $24,795 $105,072
2015 $1,089 $130,018 $24,795 $105,223
2014 $1,089 $130,018 $24,795 $105,223
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3630031

Canopy MLS (Canopy Realtor® Association)

APN: 24800