NOT LISTED FOR SALE

5240 Shannamara Dr Matthews, NC 28104

Estimated Value: $593,211 - $674,000

4 Beds
3.5 Baths
2,612 Sq Ft
$240/Sq Ft Est. Value

Last Sold June 30, 2021

Last sale price $430,000 $165 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $3,678/month

15 Days on Market

Highlights

  • Clubhouse
  • Private Lot
  • Community Pool
  • Stallings Elementary School Rated A
  • Transitional Architecture
  • Tennis Courts

About This Home

As of June 2021

Welcome to the lovely community of Shannamara in Matthews. Conveniently located close to 485 and 74. This stunning home has so much to offer. With 4 bedrooms (and one on the main floor) and 3 1/2 Baths, Office, Dinning Room. Second Floor has an expansive Master Bedroom with a sitting area, Fireplace and a Wet Bar. There is an enormous Bonus room/Flex Room with a large Attic Storage Space. Make sure to Step outside and enjoy the brand new expansive back deck. Soak up the large private fenced in yard.

Last Agent to Sell the Property

Roslyn Katrowski

Real Broker, LLC License #104736 Listed on: 05/14/2021

Real Broker, LLC

Co-Listed By

Tony Katrowski

Real Broker, LLC License #311748

Last Buyer's Agent

Erin Ferguson

LPT Realty, LLC License #308474

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1998

Lot Details

  • Private Lot
  • Many Trees

HOA Fees

  • $37 Monthly HOA Fees

Parking

  • 2

Home Design

  • Transitional Architecture
  • Vinyl Siding

Interior Spaces

  • Fireplace
  • Crawl Space

Bedrooms and Bathrooms

  • Walk-In Closet

Listing and Financial Details

  • Assessor Parcel Number 07-054-795

Community Details

Overview

  • Braesal Association, Phone Number (704) 847-3507

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Year Built

Built in 1998

Lot Details

0

HOA Fees

$37 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Architectural Style: Transitional
  • Ratio Close Price By List Price: 0.97950
  • Ratio Close Price By Original Li: 0.97727
  • Ratio Current Price By Acre: 1228571.43
  • Ratio Current Price By Sq Ft: 164.62
  • Year Built: 1998
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space
  • Upper Level Sq Ft: 1365
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Total Bedrooms: 4
  • Equipment: Ceiling Fan(s), Cooktop Electric, Dishwasher, Electric Oven, Ice Maker Connection, Microwave
  • Fireplace Description: FAMILYRM, Primary Bedroom
  • Fireplace: Yes
  • Fixture Exception Description: Mirror on the wall in the office
  • Fixture Exception Yn: Yes
  • H O A Management Phone: 704-847-3507
  • Interior Amenities: Walk-In Closet(s)
  • Laundry Location: Main
  • Room Count: 2
  • Main Level Sq Ft: 1247
  • Total Sq Ft: 2612

Exterior Features

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

Garage/Parking

  • Driveway: Concrete
  • Parking: Garage - 2 Car

Utilities

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

Condo/Co-op/Association

  • Community Features: Club House, Outdoor Pool, Tennis Court(s)
  • Association Fee: 445.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Braesal
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Lot Features: Private, Trees
  • Lot Size Area: 0.350
  • Parcel Number: 07-054-795
  • Zoning Specification: Res

Tax Info

  • Tax Value: 263400.00
  • Tax Location: Stallings

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2021
Closed on
Jun 30, 2021
Sold by
Hopson Nelson Cynthia
Bought by
Loganathan Gunaseelan
Seller's Agent
Roslyn Katrowski
Real Broker, LLC
Buyer's Agent
Erin Ferguson
LPT Realty, LLC
List Price
$440,000
Sold Price
$430,000
Premium/Discount to List
-$10,000
-2.27%
Current Estimated Value
$627,053

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$197,053
Avg. Annual Appreciation
9.83%
Original Mortgage
$408,500
Outstanding Balance
$374,644
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$262,288

Purchase Details

Listed on
Aug 23, 2019
Closed on
Dec 4, 2019
Sold by
Weirich David A and Weirich Patricia M
Bought by
Hopson Nelson Cynthia
Seller's Agent
Russell Moncure
Moncure Inc
Buyer's Agent
Roslyn Katrowski
Real Broker, LLC
List Price
$384,900
Sold Price
$375,500
Premium/Discount to List
-$9,400
-2.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.02%
Original Mortgage
$364,235
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 1998
Sold by
Steven Walker Homes Shannamara Llc
Bought by
Weirich David A and Weirich Patricia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,300
Interest Rate
5.25%
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
Loganathan Gunaseelan $430,000 None Available
Hopson Nelson Cynthia $375,500 None Available
Weirich David A $194,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Loganathan Gunaseelan $408,500
Previous Owner Hopson Nelson Cynthia $364,235
Previous Owner Weirich David A $271,500
Previous Owner Weirich David A $278,400
Previous Owner Weirich David A $40,000
Previous Owner Weirich David A $33,500
Previous Owner Weirich David A $220,000
Previous Owner Weirich David A $28,000
Previous Owner Weirich David A $228,500
Previous Owner Weirich David A $40,000
Previous Owner Weirich David A $177,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2021 06/30/21 Sold $430,000 -2.1% $165 / Sq Ft
05/30/2021 05/30/21 Pending -- -- --
05/21/2021 05/21/21 Price Changed $439,000 -0.2% $168 / Sq Ft
05/14/2021 05/14/21 For Sale $440,000 +17.2% $168 / Sq Ft
12/04/2019 12/04/19 Sold $375,500 -1.2% $142 / Sq Ft
10/21/2019 10/21/19 Pending -- -- --
09/03/2019 09/03/19 Price Changed $379,900 -1.3% $144 / Sq Ft
08/23/2019 08/23/19 For Sale $384,900 -- $146 / 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 $3,006 $343,700 $72,300 $271,400
2023 $2,879 $343,700 $72,300 $271,400
2022 $2,858 $343,700 $72,300 $271,400
2021 $2,858 $343,700 $72,300 $271,400
2020 $2,666 $263,400 $58,000 $205,400
2019 $2,666 $263,400 $58,000 $205,400
2018 $2,666 $263,400 $58,000 $205,400
2017 $2,751 $262,900 $58,000 $204,900
2016 $2,754 $262,900 $58,000 $204,900
2015 $2,787 $262,900 $58,000 $204,900
2014 $1,772 $248,140 $55,000 $193,140
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3736854

Canopy MLS (Canopy Realtor® Association)

APN: 07-054-795