NOT LISTED FOR SALE

5018 Shannamara Dr Matthews, NC 28104

Estimated Value: $670,000 - $720,000

5 Beds
3 Baths
3,456 Sq Ft
$202/Sq Ft Est. Value

Last Sold November 07, 2019

Last sale price $395,000 $114 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $4,092/month

39 Days on Market

Highlights

  • Golf Course Community
  • Fitness Center
  • Community Pool
  • Bain Elementary Rated 9+
  • Wood Flooring
  • Tennis Courts

About This Home

As of November 2019

A Fantastic Brick Front Home on the Golf Course. 5 Bedrooms and 3 Full Baths. Vaulted ceiling and Stone Fireplace in Huge Great Room! Extra Large Kitchen with island. Master on Main, with 4 Large Bedrooms upstairs. Bonus Room does not have closet but could be the 5th bedroom. House has a den or office space downstairs. Hardwoods throughout downstairs. Crown Molding and Chair rail molding. Cozy Front Porch and Amazing Screened in Porch and Patio out Back! Manicured Landscaping! Updated Paint! Terrific neighborhood Amenities!

Last Agent to Sell the Property

Melony Banks

MBA Real Estate, LLC License #232773 Listed on: 08/23/2019

Last Buyer's Agent

Kristina Maddox

Coldwell Banker Realty License #216534

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2005

Lot Details

  • Open Lot

HOA Fees

  • $36 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • Tray Ceiling
  • Fireplace
  • Crawl Space
  • Pull Down Stairs to Attic

Kitchen

  • Breakfast Bar
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • 3 Full Bathrooms
  • Garden Bath

Listing and Financial Details

  • Assessor Parcel Number 195-131-24

Community Details

Overview

  • Braesael Management Association, Phone Number (704) 847-3507

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Pool

Home Details

Home Type

Single Family

Year Built

Built in 2005

Lot Details

0

HOA Fees

$36 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.96341
  • Ratio Close Price By Original Li: 0.93491
  • Ratio Current Price By Acre: 1196969.70
  • Ratio Current Price By Sq Ft: 114.29
  • Year Built: 2005
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space
  • Upper Level Sq Ft: 1418
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 5
  • Equipment: Ceiling Fan(s), CO Detector, Convection Oven, Cable Prewire, Disposal, Dishwasher, Electric Dryer Hookup, Exhaust Fan, Gas Range, Ice Maker Connection, Microwave, Refrigerator, Self Cleaning Oven, Gas Oven
  • Fireplace Description: Great Room
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • H O A Management Phone: 7048473507
  • Interior Amenities: Attic Stairs Pulldown, Breakfast Bar, Garden Tub, Kitchen Island, Pantry, Tray Ceiling, Vaulted Ceiling, Walk-In Closet(s)
  • Laundry Location: Main
  • Room Count: 2
  • Main Level Sq Ft: 2038
  • Total Sq Ft: 3456

Exterior Features

  • Construction: Brick Partial, Vinyl
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Garage - 2 Car, Garage Door Opener, Side Load Garage

Utilities

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

Condo/Co-op/Association

  • Community Features: Fitness Center, Golf Course, Outdoor Pool, Playground, Sidewalk, Street Lights, Tennis Court(s)
  • Association Fee: 435.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Braesael Management
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Bain
  • Middle School: Mint Hill
  • High School: Independence

Lot Info

  • Lot Features: Golf Course View, On Golf Course, Open Lot
  • Lot Size Area: 0.330
  • Parcel Number: 195-131-24
  • Zoning Specification: SFR

Tax Info

  • Tax Value: 357200.00
  • Tax Location: Mecklenburg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2019
Closed on
Nov 7, 2019
Sold by
Quinn Martin and Quinn Veronica
Bought by
Wrice Sharon Jemerson
Seller's Agent
Melony Banks
MBA Real Estate, LLC
Buyer's Agent
Kristina Maddox
Coldwell Banker Realty
List Price
$422,500
Sold Price
$395,000
Premium/Discount to List
-$27,500
-6.51%
Current Estimated Value
$697,871

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$302,871
Avg. Annual Appreciation
10.31%
Original Mortgage
$375,250
Outstanding Balance
$330,837
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$367,034

Purchase Details

Closed on
Aug 13, 2010
Sold by
Harsha David and Harsha Karen
Bought by
Quinn Martin and Quinn Veronica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 13, 2007
Sold by
Miller David P and Miller Allison L
Bought by
Harsha David B and Harsha Karen P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$354,150
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 27, 2006
Sold by
Jds Contracting Inc
Bought by
Miller David P and Miller Allison L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$339,950
Interest Rate
7%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 15, 2004
Sold by
Union Development Group Inc
Bought by
Jds Contracting Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,982
Interest Rate
5.64%
Mortgage Type
Construction
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
Wrice Sharon Jemerson $395,000 None Available
Quinn Martin $290,000 Master Title Agency Llc
Harsha David B $393,500 Title Policy Master Title
Miller David P $340,000 None Available
Jds Contracting Inc $54,000 Chicago Title Insurance Comp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wrice Sharon Jemerson $375,250
Previous Owner Quinn Martin $140,000
Previous Owner Harsha David B $354,150
Previous Owner Miller David P $339,950
Previous Owner Jds Contracting Inc $57,982
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/07/2019 11/07/19 Sold $395,000 -3.7% $114 / Sq Ft
10/01/2019 10/01/19 Pending -- -- --
09/11/2019 09/11/19 Price Changed $410,000 -2.9% $119 / Sq Ft
08/31/2019 08/31/19 Price Changed $422,400 0.0% $122 / Sq Ft
08/23/2019 08/23/19 For Sale $422,500 -- $122 / 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
2024 $3,048 $620,700 $112,500 $508,200
2023 $2,981 $620,700 $112,500 $508,200
2022 $2,272 $361,900 $85,000 $276,900
2021 $2,272 $361,900 $85,000 $276,900
2020 $2,260 $358,900 $85,000 $273,900
2019 $2,248 $358,900 $85,000 $273,900
2018 $2,968 $357,200 $75,000 $282,200
2017 $2,938 $357,200 $75,000 $282,200
2016 $2,934 $357,200 $75,000 $282,200
2015 $2,931 $357,200 $75,000 $282,200
2014 $2,929 $357,200 $75,000 $282,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3541306

Canopy MLS (Canopy Realtor® Association)

APN: 195-131-24