NOT LISTED FOR SALE

5308 Shannamara Dr Matthews, NC 28104

Estimated Value: $648,000 - $743,000

4 Beds
2.5 Baths
2,831 Sq Ft
$245/Sq Ft Est. Value

Last Sold October 15, 2021

Last sale price $571,000 $202 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $4,199/month

Highlights

  • Golf Course Community
  • Fitness Center
  • Clubhouse
  • Stallings Elementary School Rated A
  • Spa
  • Wooded Lot

About This Home

As of October 2021

A Fantastic 2-Story Brick Front Home in Shannamara! Kitchen and Living Room Area Extended 10 Feet for Additional Space. Terrific .5 Acre Lot. Extra Large Living and Huge Updated Amazing Gourmet Kitchen including Gas Cooktop, Vent Hood, Granite Countertops, Tile Backsplash. Butcher Block Island, and Large Breakfast Bar! Office Downstairs with French Doors. All Bedrooms Upstairs with 2 Full Baths. 4th Bedroom has Large Closet. Also Could be a bonus room. Updated Hardwood Floors Downstairs. Oversized Fenced in Backyard including a Huge Deck and Built in Covered TV and Grill. 2 Huge Sun Shades included Covering Deck. Hot Tub and Fire pit area. Lots of Shade Trees in the Backyard. Amazing Shannamara Amenities! Great Union County Schools! Showings Start Sunday, September 12th. Seller is offering a $4000 Carpet Allowance. Upstairs Fireplace is a Gas Log and Downstairs Fireplace is wood burning.

Last Agent to Sell the Property

Jackson Bailey

MBA Real Estate, LLC License #312710 Listed on: 09/11/2021

Co-Listed By

Melony Banks

MBA Real Estate, LLC License #232773

Last Buyer's Agent

Brett Dunne-Feldman

RE/MAX Executive License #316852

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1997

Lot Details

  • Cleared Lot
  • Wooded Lot
  • Many Trees

HOA Fees

  • $37 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • Wet Bar
  • Tray Ceiling
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Crawl Space
  • Pull Down Stairs to Attic

Kitchen

  • Breakfast Bar
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet

Pool

  • Spa

Listing and Financial Details

  • Assessor Parcel Number 07-054-798

Community Details

Overview

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

Amenities

  • Picnic Area
  • Clubhouse

Recreation

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

Home Details

Home Type

Single Family

Year Built

Built in 1997

Lot Details

0

HOA Fees

$37 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Construction Status: Complete
  • Ratio Close Price By List Price: 1.05937
  • Ratio Close Price By Original Li: 1.05937
  • Ratio Current Price By Acre: 1241304.35
  • Ratio Current Price By Sq Ft: 201.70
  • Year Built: 1997
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space
  • Upper Level Sq Ft: 1454
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 4
  • Equipment: Beverage Refrigerator, Cable Prewire, Ceiling Fan(s), CO Detector, Convection Oven, Cooktop Gas, Dishwasher, Disposal, Electric Oven, Electric Range, Exhaust Fan, Exhaust Hood, Gas Oven, Ice Maker Connection, Microwave, Natural Gas, Refrigerator, Self Cleaning Oven, Wine Refrigerator
  • Fireplace Description: FAMILYRM, Gas Logs, Primary Bedroom, Wood Burning
  • Fireplace: Yes
  • Fixture Exception Description: Weight Rack in Garage Does Not Convey, Refrigerator in Garage Does Not Convey
  • Fixture Exception Yn: Yes
  • Flooring: Carpet, Tile, Wood
  • H O A Management Phone: 7048473507
  • Interior Amenities: Attic Stairs Pulldown, Breakfast Bar, Kitchen Island, Pantry, Tray Ceiling, Walk-In Closet(s), Wet Bar
  • Laundry Location: Main
  • Room Count: 2
  • Sq Ft Additional: 250
  • Main Level Sq Ft: 1377
  • Total Sq Ft: 2831

Exterior Features

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

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Garage - 2 Car, Parking Space - 4+, Side Load Garage

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, Fitness Center, Golf Course, Outdoor Pool, Picnic Area, Playground, Sidewalk, Tennis Court(s)
  • Association Fee: 445.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Braesael
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Stallings
  • Middle School: Porter Ridge
  • High School: Porter Ridge

Lot Info

  • Lot Features: Cleared, Sloping, Trees, Wooded
  • Lot Size Area: 0.460
  • Parcel Number: 07-054-798
  • Zoning Specification: SFR

Tax Info

  • Tax Value: 293500.00
  • Tax Location: Matthews

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2021
Closed on
Oct 12, 2021
Sold by
Davis Willard K and Davis Kathleen M
Bought by
Willson Jennifer and Willson Lee
Seller's Agent
Jackson Bailey
MBA Real Estate, LLC
Buyer's Agent
Brett Dunne-Feldman
RE/MAX Executive
List Price
$539,000
Sold Price
$571,000
Premium/Discount to List
$32,000
5.94%
Total Days on Market
0
Current Estimated Value
$694,913

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,913
Avg. Annual Appreciation
4.80%
Original Mortgage
$535,800
Outstanding Balance
$493,870
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$183,985

Purchase Details

Closed on
Jan 26, 2013
Sold by
Davis William K and Davis Willard K
Bought by
Davis Willard K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
3.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 29, 2008
Sold by
Webster Nina L and Webster Dan Norman
Bought by
Davis Willard K and Davis Kathleen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
5.65%
Mortgage Type
Unknown

Purchase Details

Closed on
May 16, 2006
Sold by
Korolos Sherif F and Korolos Heba
Bought by
Webster Dan Norman and Webster Nina L

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
6.39%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 20, 1998
Sold by
Steven Walker Homes Shannamara Llc
Bought by
Korolos Sherif F and Korolos Heba

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,150
Interest Rate
6.87%
Source: Public Records

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Range of Values:

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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
Willson Jennifer $571,000 None Available
Davis Willard K -- None Available
Davis Willard K $313,500 None Available
Webster Dan Norman $281,000 Fidelity National Title
Korolos Sherif F $196,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Willson Jennifer $535,800
Previous Owner Davis Willard K $225,000
Previous Owner Davis Willard K $42,331
Previous Owner Davis Willard K $212,000
Previous Owner Davis Willard K $216,579
Previous Owner Davis Willard K $225,000
Previous Owner Webster Dan Norman $140,000
Previous Owner Korolos Heba $94,500
Previous Owner Korolos Sherif F $80,000
Previous Owner Korolos Sherif F $191,600
Previous Owner Korolos Sherif F $35,400
Previous Owner Korolos Sherif F $44,600
Previous Owner Korolos Sherif F $23,000
Previous Owner Korolos Sherif F $185,681
Previous Owner Korolos Sherif F $17,900
Previous Owner Korolos Sherif F $186,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2021 10/15/21 Sold $571,000 +5.9% $202 / Sq Ft
09/12/2021 09/12/21 Pending -- -- --
09/11/2021 09/11/21 For Sale $539,000 -- $190 / 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 $3,363 $385,400 $72,300 $313,100
2023 $3,220 $385,400 $72,300 $313,100
2022 $3,199 $385,400 $72,300 $313,100
2021 $3,135 $377,600 $72,300 $305,300
2020 $2,965 $293,500 $58,000 $235,500
2019 $2,965 $293,500 $58,000 $235,500
2018 $0 $293,500 $58,000 $235,500
2017 $3,071 $293,500 $58,000 $235,500
2016 $2,806 $268,000 $58,000 $210,000
2015 $2,840 $268,000 $58,000 $210,000
2014 $1,792 $250,840 $55,000 $195,840
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3783650

Canopy MLS (Canopy Realtor® Association)

APN: 07-054-798