NOT LISTED FOR SALE

2548 Shannon Dr Belmont, NC 28012

Estimated Value: $450,000 - $523,000

4 Beds
2 Baths
2,236 Sq Ft
$215/Sq Ft Est. Value

Last Sold September 04, 2018

Last sale price $268,500 $120 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $2,997/month

4 Days on Market

Highlights

  • Traditional Architecture
  • Engineered Wood Flooring
  • Community Pool
  • Belmont Central Elementary School Rated A-
  • Whirlpool Bathtub
  • Attached Garage

About This Home

As of September 2018

Lovely South Point Ridge home in popular Belmont location. Three bedrooms including the Master on the main level and a Bonus 4th bedroom upstairs. Dark stained hardwood floors throughout the main level, and a beautifully upgraded kitchen with fresh white cabinetry, granite counter tops and gas range. So many places to relax and unwind such as the outdoor deck overlooking a well maintained lawn and the enclosed sunroom. Fresh paint, new roof, new central cooling, irrigation and fenced in yard. Close to new shopping center and more! Come see it today!

Last Agent to Sell the Property

Jennifer Linauer

S and B Real Estate LLC License #292188 Listed on: 08/11/2018

S and B Real Estate LLC

Last Buyer's Agent

Mike Ignasiak

Movement One Realty LLC License #364278

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2005

Lot Details

  • 8,712

HOA Fees

  • $42 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • Gas Log Fireplace
  • Crawl Space

Flooring

  • Engineered Wood
  • Laminate

Bedrooms and Bathrooms

  • 2 Full Bathrooms
  • Whirlpool Bathtub

Utilities

  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 206674

Community Details

Overview

  • South Point Ridge HOA

Recreation

  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Year Built

Built in 2005

Lot Details

0

HOA Fees

$42 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Traditional
  • Ratio Close Price By List Price: 0.97636
  • Ratio Close Price By Original Li: 0.97636
  • Ratio Current Price By Acre: 1342500.00
  • Ratio Current Price By Sq Ft: 120.08
  • Year Built: 2005
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Upper Level Sq Ft: 286
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 4
  • Equipment: Cable Prewire, Cooktop Gas, Dishwasher, Disposal, Ice Maker Connection
  • Fireplace Description: Gas Logs, Living Room
  • Fireplace: Yes
  • Flooring: Carpet, Laminate Wood, Prefinished Wood
  • Interior Amenities: Cable Available, Whirlpool
  • Laundry Location: Main
  • Room Count: 2
  • Main Level Sq Ft: 1950
  • Total Sq Ft: 2236
  • Sq Ft Unheated Main: 440
  • Sq Ft Unheated Total: 440

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Garage - 2 Car

Utilities

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

Condo/Co-op/Association

  • Community Features: Playground, Outdoor Pool
  • Association Fee: 125.00
  • Association Fee Frequency: Quarterly
  • HOA Management Company: South Point Ridge HOA
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Belmont Central
  • Middle School: Belmont
  • High School: South Point (NC)

Lot Info

  • Lot Size Area: 0.200
  • Parcel Number: 206674
  • Zoning Specification: R1U

Tax Info

  • Tax Value: 197993.00
  • Tax Location: Belmont

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2018
Closed on
Aug 31, 2018
Sold by
Ashri Neeraj and Sharma Kopal
Bought by
Amh Nc Properties Two Lp
Seller's Agent
Jennifer Linauer
S and B Real Estate LLC
Buyer's Agent
Mike Ignasiak
Movement One Realty LLC
List Price
$275,000
Sold Price
$268,500
Premium/Discount to List
-$6,500
-2.36%
Current Estimated Value
$480,008

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$211,508
Avg. Annual Appreciation
8.38%

Purchase Details

Closed on
May 27, 2005
Sold by
Nvr Inc
Bought by
Ashri Neeraj and Sharma Kopal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,670
Interest Rate
4.62%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 3, 2005
Sold by
South Point Ridge Llc
Bought by
Nvr Inc
Source: Public Records

Range of Values:

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Average Value
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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
Amh Nc Properties Two Lp $226,000 Chicago Title
Ashri Neeraj $197,500 --
Nvr Inc $39,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ashri Neeraj $157,670
Closed Ashri Neeraj $29,562
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2018 09/04/18 Sold $268,500 -2.4% $120 / Sq Ft
08/15/2018 08/15/18 Pending -- -- --
08/11/2018 08/11/18 For Sale $275,000 -- $123 / 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 $4,137 $392,500 $42,000 $350,500
2024 $4,137 $392,500 $42,000 $350,500
2023 $4,180 $392,500 $42,000 $350,500
2022 $3,104 $237,880 $37,500 $200,380
2021 $3,199 $237,880 $37,500 $200,380
2019 $3,223 $237,880 $37,500 $200,380
2018 $2,742 $197,993 $36,000 $161,993
2017 $2,663 $197,993 $36,000 $161,993
2016 $2,663 $197,993 $0 $0
2014 $3,013 $224,048 $45,000 $179,048
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3423389

Canopy MLS (Canopy Realtor® Association)

APN: 206674