NOT LISTED FOR SALE

507 Forest Hill Dr Shelby, NC 28150

Estimated Value: $354,957 - $492,000

3 Beds
2 Baths
2,453 Sq Ft
$175/Sq Ft Est. Value

Last Sold April 28, 2020

Last sale price $220,000 $90 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $2,559/month

2 Days on Market

Highlights

  • Ranch Style House
  • Wood Flooring
  • Home fronts a stream
  • Jefferson Elementary School Rated A-
  • Fireplace

About This Home

As of April 2020

Well cared for home in wonderful established area across from Marion School. Beautiful refinished hardwoods, large open rooms, plantation shutters. 2 Bedrooms share jack & jill bath w/newer shower. House freshly painted, newer roof, HVAC, and water heater. Basement is heated and cooled and not counted in sqft. There is an additional bedroom and bath in basement (not apart of total count) that could be used as separate guest quarters. Great storage, large open kitchen. Private back w/brick patio. Small Creek. Move-in ready condition. Alarm.

Last Agent to Sell the Property

Carol Schenck

Allen Tate Shelby License #220432 Listed on: 03/09/2020

Allen Tate Shelby

Last Buyer's Agent

Denise Wright

Coldwell Banker Mountain View License #49579

Coldwell Banker Mountain View

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1958

Lot Details

  • Home fronts a stream

Home Design

  • Ranch Style House

Interior Spaces

  • 2 Full Bathrooms
  • Fireplace
  • Oven

Flooring

  • Wood
  • Tile
  • Vinyl

Listing and Financial Details

  • Assessor Parcel Number 19809

Home Details

Home Type

Single Family

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story Basement
  • Architectural Style: Ranch
  • Ratio Close Price By List Price: 1.02326
  • Ratio Close Price By Original Li: 1.02326
  • Ratio Current Price By Acre: 301369.86
  • Ratio Current Price By Sq Ft: 89.69
  • Year Built: 1958
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Equipment: Cable Prewire, Cooktop Electric, Dishwasher, Oven
  • Fireplace: Yes
  • Fixture Exception Description: Light fixture in bedroom; mirror in bathroom.
  • Fixture Exception Yn: Yes
  • Flooring: Tile, Vinyl, Wood
  • Laundry Location: Main, Kitchen
  • Room Count: 2
  • Main Level Sq Ft: 2453
  • Total Sq Ft: 2453
  • Sq Ft Unheated Basement: 360
  • Sq Ft Unheated Total: 360

Exterior Features

  • Construction: Brick Partial, Wood
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Concrete
  • Parking: Carport - 2 Car

Utilities

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

Schools

  • Elementary School: Jefferson
  • Middle School: Shelby
  • High School: Shelby

Lot Info

  • Lot Features: Stream/Creek
  • Lot Size Area: 0.730
  • Parcel Number: 19809
  • Zoning Specification: R

Tax Info

  • Tax Value: 153362.00
  • Tax Location: Cleveland

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2020
Closed on
Apr 3, 2020
Sold by
Ledbetter Carol C
Bought by
Martin Jeremiah
Seller's Agent
Carol Schenck
Allen Tate Shelby
Buyer's Agent
Denise Wright
Coldwell Banker Mountain View
List Price
$215,000
Sold Price
$220,000
Premium/Discount to List
$5,000
2.33%
Current Estimated Value
$429,989

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$209,989
Avg. Annual Appreciation
13.29%
Original Mortgage
$227,920
Outstanding Balance
$203,092
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$226,897
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
Martin Jeremiah $220,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martin Jeremiah $227,920
Previous Owner Ledbetter Carol C $97,000
Previous Owner Ledbetter David W $65,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2020 04/28/20 Sold $220,000 +2.3% $90 / Sq Ft
03/11/2020 03/11/20 Pending -- -- --
03/09/2020 03/09/20 For Sale $215,000 -- $88 / 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 $2,820 $290,150 $43,920 $246,230
2024 $2,820 $231,967 $43,920 $188,047
2023 $2,806 $231,967 $43,920 $188,047
2022 $2,806 $231,967 $43,920 $188,047
2021 $2,820 $231,967 $43,920 $188,047
2020 $1,928 $153,362 $43,920 $109,442
2019 $1,928 $153,362 $43,920 $109,442
2018 $1,926 $153,362 $43,920 $109,442
2017 $1,878 $153,362 $43,920 $109,442
2016 $1,885 $153,362 $43,920 $109,442
2015 $2,118 $181,730 $43,920 $137,810
2014 $2,118 $181,730 $43,920 $137,810
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3600830

Canopy MLS (Canopy Realtor® Association)

APN: 19809