$375,500
SOLD DEC 4, 2019

5240 Shannamara Dr Matthews, NC 28104

4 Beds
3.5 Baths
2,644 Sq Ft
0.35 Acres

Recently Sold

$142 Per Sq Ft

2% Below List Price

59 Days on Market

Highlights

  • Golf Course Community
  • Open Floorplan
  • Pond
  • Stallings Elementary School Rated A
  • Clubhouse
  • Wooded Lot

About This Home

As of June 2021

Welcome Home to 5240 Shannamara Dr. An Open, Bright & Beautifully maintained home with Many New Updates... This home has New Paint & Carpet throughout. New Granite, Double Sink, Faucet & Hardware in the Kitchen. New Bathroom Cabinetry & Hardware in the 3 Full Bathrooms. Powder Rm has New Hardware. Hardwoods & Tile on the Main Level. There is an In-Law Suite on the main level w/ its own Private Full Bathroom & New Carpet. Come and Relax on your Large Private Deck & Fenced Backyard. Upstairs boast a Huge Master Bedroom w/ a Gas Log Fireplace & Wet Bar w/ its own Fridge, New Cabinetry & Granite tops. The Master Bath has a Garden Tub, New Frameless Shower door & New Double Vanity w/ Granite. There are 2 more bedrooms w/ Walk-In Closets & A Huge Bonus Room w/ Walk-In Storage access. The A/C Units were replaced in 2015. The Architectural Roof was installed in 2012. New Downstairs Furnace installed in 2012 & New Upstairs Furnace installed in 2017. Your buyers will be impressed!!

Last Agent to Sell the Property

Russell Moncure

Moncure Inc License #190184 Listed on: 08/23/2019

Last Buyer's Agent

Roslyn Katrowski

Real Broker, LLC License #104736

Real Broker, LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1998

HOA Fees

  • $36 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Transitional Architecture
  • Vinyl Siding

Interior Spaces

  • Open Floorplan
  • Wet Bar
  • Tray Ceiling
  • Gas Log Fireplace
  • Insulated Windows
  • Crawl Space
  • Pull Down Stairs to Attic

Flooring

  • Engineered Wood
  • Tile
  • Vinyl Plank
  • Vinyl

Bedrooms and Bathrooms

  • Walk-In Closet
  • Garden Bath

Additional Features

  • Pond
  • Wooded Lot

Listing and Financial Details

  • Assessor Parcel Number 07054795

Community Details

Overview

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

Amenities

  • Clubhouse

Recreation

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

Home Details

Home Type

Single Family

Year Built

Built in 1998

Lot Details

0

HOA Fees

$36 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Architectural Style: Transitional
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.98842
  • Ratio Close Price By Original Li: 0.97558
  • Ratio Current Price By Acre: 1072857.14
  • Ratio Current Price By Sq Ft: 142.02
  • Year Built: 1998
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space
  • Upper Level Sq Ft: 1380
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Total Bedrooms: 4
  • Doors and Windows: Insulated Windows
  • Equipment: Ceiling Fan(s), Cable Prewire, Dishwasher, Electric Range, Ice Maker Connection, Microwave, Self Cleaning Oven, Security System, Electric Oven
  • Fireplace Description: Gas Logs, Great Room, Primary Bedroom
  • Fireplace: Yes
  • Flooring: Carpet, Prefinished Wood, Tile, Vinyl, Vinyl Plank
  • H O A Management Phone: 704-847-3507
  • Interior Amenities: Attic Stairs Pulldown, Attic Walk-in, Garden Tub, Open Floorplan, Pantry, Tray Ceiling, Walk-In Closet(s), Wet Bar
  • Laundry Location: Main, Closet
  • Room Count: 2
  • Main Level Sq Ft: 1264
  • Total Sq Ft: 2644

Exterior Features

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

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Community Features: Club House, Golf Course, Outdoor Pool, Playground, Pond, 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: Stallings
  • Middle School: Porter Ridge
  • High School: Porter Ridge

Lot Info

  • Lot Features: Sloping, Wooded
  • Lot Size Area: 0.350
  • Parcel Number: 07054795
  • 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
$628,897

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$198,897
Avg. Annual Appreciation
9.73%
Original Mortgage
$408,500
Outstanding Balance
$374,644
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$261,044

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 Type Sale Price Title Company
Warranty Deed $430,000 None Available
Warranty Deed $375,500 None Available
Warranty Deed $194,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $408,500 New Conventional
Previous Owner $364,235 New Conventional
Previous Owner $271,500 New Conventional
Previous Owner $278,400 Unknown
Previous Owner $40,000 Credit Line Revolving
Previous Owner $33,500 Credit Line Revolving
Previous Owner $220,000 Unknown
Previous Owner $28,000 Credit Line Revolving
Previous Owner $228,500 Unknown
Previous Owner $40,000 Stand Alone Second
Previous Owner $177,300 No Value Available
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: CAR3543337

Canopy MLS (Canopy Realtor® Association)

APN: 07-054-795