NOT LISTED FOR SALE

5317 Spindle Ridge Ln Gastonia, NC 28056

Estimated Value: $574,000 - $621,000

5 Beds
3 Baths
2,773 Sq Ft
$214/Sq Ft Est. Value

Last Sold November 02, 2018

Last sale price $346,500 $125 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $3,581/month

21 Days on Market

Highlights

  • Open Floorplan
  • Whirlpool Bathtub
  • Walk-In Closet
  • New Hope Elementary School Rated 10
  • Attic
  • Breakfast Bar

About This Home

As of November 2018

Move in ready home in the awesome Cramer Woods neighborhood. This beautiful open floor plan four bedroom home features the master bedroom downstairs, along with another bedroom and full bath room, and has a bonus room that can be used as a fifth bedroom. Upgrades around every corner including extensive moldings, plantation shutters, beautiful hardwoods, granite counters in all the bathrooms, irrigation, and a fully fenced back yard to name a few. Closets around every corner, and walk-in attic space leave no shortage of storage. The screened porch and deck right of the breakfast area are a perfect extension of living space into the big flat back yard. Sought after schools and convenient location to hot downtown Belmont, Charlotte, the airport are just the icing on the cake for this home. Don’t miss out on this one!

Last Agent to Sell the Property

Katie Burton

Realty One Group Revolution License #287227 Listed on: 08/30/2018

Realty One Group Revolution

Co-Listed By

David Hoffman

David Hoffman Realty License #61641

Last Buyer's Agent

Jeffrey Barkley

ERA Live Moore License #2313

ERA Live Moore

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2004

Lot Details

  • 0.39

HOA Fees

  • $10 Monthly HOA Fees

Parking

  • 2

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Gas Log Fireplace
  • Crawl Space
  • Pull Down Stairs to Attic
  • Breakfast Bar

Bedrooms and Bathrooms

  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms
  • Whirlpool Bathtub

Listing and Financial Details

  • Assessor Parcel Number 206035

Home Details

Home Type

Single Family

Year Built

Built in 2004

Lot Details

0

HOA Fees

$10 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Ratio Close Price By List Price: 0.99000
  • Ratio Close Price By Original Li: 0.99000
  • Ratio Current Price By Acre: 888461.54
  • Ratio Current Price By Sq Ft: 124.95
  • Year Built: 2004
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space
  • Upper Level Sq Ft: 946
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 5
  • Equipment: Ceiling Fan(s), Cable Prewire, Disposal, Dishwasher, Electric Range, Microwave, Electric Oven
  • Fireplace Description: Gas Logs, Great Room
  • Fireplace: Yes
  • Interior Amenities: Attic Stairs Pulldown, Attic Walk-in, Breakfast Bar, Open Floorplan, Pantry, Split BR Plan, Walk-In Closet(s), Whirlpool
  • Laundry Location: Main
  • Room Count: 2
  • Main Level Sq Ft: 1827
  • Total Sq Ft: 2773

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built

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

  • Association Fee: 120.00
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: New Hope
  • Middle School: Cramerton
  • High School: South Point (NC)

Lot Info

  • Lot Size Area: 0.390
  • Parcel Number: 206035
  • Zoning Specification: R1H

Tax Info

  • Tax Value: 306994.00
  • Tax Location: Gastonia

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2018
Closed on
Oct 26, 2018
Sold by
Smithers William Jeffrey and Smithers Allison Elizabeth
Bought by
Shell Edwards J and Shell Lisa B
Seller's Agent
Katie Burton
Realty One Group Revolution
Buyer's Agent
Jeffrey Barkley
ERA Live Moore
List Price
$350,000
Sold Price
$346,500
Premium/Discount to List
-$3,500
-1%
Current Estimated Value
$592,326

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$245,826
Avg. Annual Appreciation
7.97%
Original Mortgage
$326,500
Outstanding Balance
$285,911
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$306,415

Purchase Details

Listed on
Jan 4, 2017
Closed on
Feb 17, 2017
Sold by
Marrow Gregg L and Marrow Marianne K
Bought by
Smithers Allison Elizabeth and Smithers William Jeffrey
Seller's Agent
Verlene Wright
Coldwell Banker Carver-Pressley, Realtors
Buyer's Agent
Cathy Young
Howard Hanna Allen Tate Gastonia
List Price
$334,900
Sold Price
$331,000
Premium/Discount to List
-$3,900
-1.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.71%
Original Mortgage
$314,450
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 6, 2004
Sold by
Castlegate Construction Co Inc
Bought by
Marrow Gregg L and Marrow Marianne K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,800
Interest Rate
3.62%
Mortgage Type
Purchase Money Mortgage
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
Shell Edwards J $346,500 Fidelity National Title Insu
Smithers Allison Elizabeth $331,000 None Available
Marrow Gregg L $264,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shell Edwards J $326,500
Previous Owner Smithers Allison Elizabeth $314,450
Previous Owner Marrow Gregg L $250,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/02/2018 11/02/18 Sold $346,500 -1.0% $125 / Sq Ft
09/20/2018 09/20/18 Pending -- -- --
08/30/2018 08/30/18 For Sale $350,000 +5.7% $126 / Sq Ft
02/17/2017 02/17/17 Sold $331,000 -1.2% $119 / Sq Ft View Prior Sale
01/25/2017 01/25/17 Pending -- -- --
01/04/2017 01/04/17 For Sale $334,900 -- $121 / 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 $5,649 $528,480 $64,000 $464,480
2024 $5,649 $528,480 $64,000 $464,480
2023 $5,708 $528,480 $64,000 $464,480
2022 $4,279 $321,710 $45,000 $276,710
2021 $4,343 $321,710 $45,000 $276,710
2019 $4,375 $321,710 $45,000 $276,710
2018 $4,298 $306,994 $36,000 $270,994
2017 $4,298 $306,994 $36,000 $270,994
2016 $4,298 $306,994 $0 $0
2014 $4,092 $292,292 $50,000 $242,292
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3429658

Canopy MLS (Canopy Realtor® Association)

APN: 206035