NOT LISTED FOR SALE

503 Shearers Rd Mooresville, NC 28115

Estimated Value: $279,000 - $317,370

4 Beds
2 Baths
2,040 Sq Ft
$145/Sq Ft Est. Value

Last Sold June 12, 2018

Last sale price $157,900 $77 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $1,806/month

3 Days on Market

Highlights

  • Arts and Crafts Architecture
  • Wood Flooring
  • Garden Bath
  • South Elementary School Rated A-
  • Corner Lot
  • Many Trees

About This Home

As of June 2018

Looking for that modern farmhouse that is close to downtown? Look no further! Situated on a stunning wooded lot that is partially fenced in with a rocking chair front porch this home will charm you. Original pine floors with some new flooring throughout. Master bedroom, master bath with soaking tub and dual vanities on main level. Kitchen has white cabinets with open shelving. 2 Bedrooms with original pine floors, vaulted ceilings and shared bath on 2nd level.

Last Agent to Sell the Property

Stephanie Smith

Select Premium Properties Inc License #233506 Listed on: 05/05/2018

Last Buyer's Agent

Bruce Juengst

Keller Williams Unified License #204671

Keller Williams Unified

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1929

Lot Details

  • Corner Lot
  • Many Trees

Home Design

  • Arts and Crafts Architecture

Flooring

  • Wood
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Full Bathrooms
  • Garden Bath

Basement

  • Crawl Space

Listing and Financial Details

  • Assessor Parcel Number 4656-97-4299.000

Home Details

Home Type

Single Family

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Architectural Style: Arts and Crafts
  • Ratio Close Price By List Price: 0.98749
  • Ratio Close Price By Original Li: 0.98749
  • Ratio Current Price By Acre: 228840.58
  • Ratio Current Price By Sq Ft: 77.40
  • Year Built: 1929
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space
  • Upper Level Sq Ft: 640
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 4
  • Equipment: Ceiling Fan(s), Dishwasher, Electric Range, Microwave, Refrigerator, Electric Oven
  • Flooring: Laminate Tile, Laminate Wood, Vinyl, Wood
  • Interior Amenities: Garden Tub, Vaulted Ceiling
  • Laundry Location: Main
  • Room Count: 2
  • Main Level Sq Ft: 1400
  • Total Sq Ft: 2040

Exterior Features

  • Construction: Wood
  • Construction Type: Site Built
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Asphalt

Utilities

  • Heating: Central Air, Heat Pump - Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Schools

  • Elementary School: Mooresville
  • Middle School: Mooresville
  • High School: Mooresville

Lot Info

  • Lot Features: Corner Lot, Trees
  • Lot Size Area: 0.690
  • Parcel Number: 4656-97-4299.000
  • Zoning Specification: RMX

Tax Info

  • Tax Value: 83740.00
  • Tax Location: Iredell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2018
Closed on
Jun 12, 2018
Sold by
Lovely Properties Llc
Bought by
Mcandrew Michael and Mcandrew Ellen
Seller's Agent
Stephanie Smith
Select Premium Properties Inc
Buyer's Agent
Bruce Juengst
Keller Williams Unified
List Price
$159,900
Sold Price
$157,900
Premium/Discount to List
-$2,000
-1.25%
Current Estimated Value
$295,093

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,193
Avg. Annual Appreciation
9.09%
Original Mortgage
$159,900
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
May 5, 2018
Closed on
May 14, 2018
Sold by
Fratello Eugene Walter and Fratello Gene
Bought by
Lovely Propeties Llc
Seller's Agent
Stephanie Smith
Select Premium Properties Inc
Buyer's Agent
Bruce Juengst
Keller Williams Unified
List Price
$159,900
Sold Price
$157,900
Premium/Discount to List
-$2,000
-1.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,900
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 10, 2014
Sold by
Williams Lisa Lee
Bought by
Fratello Gene

Purchase Details

Closed on
Apr 19, 2013
Sold by
Reid Deborah Renee and Reid Linn Jason
Bought by
Williams Lisa Lee

Purchase Details

Closed on
Feb 6, 2004
Sold by
The Bank Of New York
Bought by
Reid Linn J and Reid Deborah R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 2, 2003
Sold by
Brackett Teresa Ann
Bought by
The Bank Of New York and Cwabs 2002-1 Fixccno

Purchase Details

Closed on
Jan 1, 1990

Purchase Details

Closed on
Jun 1, 1948
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
Mcandrew Michael $158,000 None Available
Lovely Propeties Llc -- None Available
Fratello Gene $38,500 None Available
Williams Lisa Lee $50,000 None Available
Reid Linn J $80,000 --
The Bank Of New York $109,178 --
-- -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcandrew Michael $194,400
Closed Mcandrew Michael $159,900
Previous Owner Reid Linn J $101,000
Previous Owner Reid Deborah R $98,600
Previous Owner Reid Linn J $91,700
Previous Owner Reid Linn J $64,000
Previous Owner Brackett Teresa Ann $106,400
Previous Owner Brackett Teresa Ann $87,300
Previous Owner Brackett Teresa Ann $1,000
Closed Reid Linn J $16,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2018 06/12/18 Sold $157,900 -1.3% $77 / Sq Ft
05/08/2018 05/08/18 Pending -- -- --
05/05/2018 05/05/18 For Sale $159,900 -- $78 / 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 $2,370 $190,220 $42,000 $148,220
2023 $2,370 $190,220 $42,000 $148,220
2022 $1,799 $124,300 $24,000 $100,300
2021 $1,706 $117,500 $24,000 $93,500
2020 $1,706 $117,500 $24,000 $93,500
2019 $1,651 $114,100 $24,000 $90,100
2018 $1,254 $83,740 $14,400 $69,340
2017 $1,194 $83,740 $14,400 $69,340
2016 $1,194 $83,740 $14,400 $69,340
2015 $1,194 $83,740 $14,400 $69,340
2014 $1,296 $94,690 $24,000 $70,690
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3388530

Canopy MLS (Canopy Realtor® Association)

APN: 4656-97-4299.000