NOT LISTED FOR SALE

5440 Spindle Ridge Ln Gastonia, NC 28056

Estimated Value: $519,000 - $559,000

4 Beds
2.5 Baths
2,174 Sq Ft
$248/Sq Ft Est. Value

Last Sold March 14, 2023

Last sale price $550,000 $253 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $3,253/month

4 Days on Market

Highlights

  • 69 Acre Lot
  • Open Floorplan
  • Great Room with Fireplace
  • New Hope Elementary School Rated 10
  • Deck
  • Wood Flooring

About This Home

As of March 2023

This is the Cramer Woods home you've been waiting for. This stunning 2-story brick home is on a peaceful street that ends in a cul-de-sac. Inside boasts beautiful natural lighting w/ a great room w/soaring vaulted ceilings. A modern kitchen with SS appliances, & a large eat-in dining area that opens to the back deck. The master suite is on the main level w/ a double tray ceiling, a walk-in custom closet, & a garden tub. A dining room, powder room, & laundry room finish off the main level. Upstairs are 3 additional spacious bedrooms & a large full bath. You'll love the abundance of storage access, including walk-in attic space.Offering a spacious fenced yard with mature trees that backs up to a wooded area & a creek. Below the deck is a concrete patio area, also explore the double door walk-in crawl space w/cement floor for storing yard & seasonal items. The 2-car garage features both hot &cold water for convenience. Lawn irrigation.*Under Contract-Sellers open to back up offers.

Last Agent to Sell the Property

Sally Winter

Oak and Willow Realty LLC License #302987 Listed on: 02/08/2023

Last Buyer's Agent

Michelle Teague

Corcoran HM Properties License #282944

Corcoran HM Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,957

Year Built

  • Built in 2004

Lot Details

  • 69 Acre Lot
  • Irrigation
  • Property is zoned R1H

HOA Fees

  • $10 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • 4 Open Parking Spaces

Home Design

  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Built-In Features
  • Ceiling Fan
  • Gas Log Fireplace
  • Insulated Windows
  • Entrance Foyer
  • Great Room with Fireplace
  • Crawl Space
  • Walk-In Attic
  • Laundry Room

Kitchen

  • Double Oven
  • Gas Oven
  • Gas Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • Walk-In Closet
  • Garden Bath

Home Security

  • Home Security System
  • Storm Doors

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Separate Outdoor Workshop

Schools

  • New Hope Elementary School
  • Cramerton Middle School
  • South Point High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Property Matters Association
  • Cramer Woods Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 206019

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,957

Year Built

Built in 2004

Lot Details

0

HOA Fees

$10 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2004
  • Road Surface Type: Concrete
  • Unit Levels: Two
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 252.99
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Flooring: Carpet, Tile, Vinyl, Wood
  • Interior Amenities: Attic Walk In, Built-in Features, Entrance Foyer, Garden Tub, Open Floorplan, Pantry, Walk-In Closet(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1488
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 686
  • Appliances: Dishwasher, Double Oven, Gas Oven, Gas Range, Gas Water Heater, Oven
  • Above Grade Finished Sq Ft: 2174
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Storm Door(s)
  • Fireplace Features: Gas Log, Great Room
  • Living Area: 2174
  • Window Features: Insulated Window(s)
  • Bedroom Main: 1

Exterior Features

  • Exterior Features: In-Ground Irrigation
  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Exclusions: Curtains, curtain rods, and brackets throughout, Mirrors in entry way, plates/platerack entryway, shelving/built ins and furniture in craftroom/bedroom closest to stairs
  • Construction Type: Brick Full
  • Other Structures: Workshop
  • Patio And Porch Features: Covered, Deck, Patio, Rear Porch

Garage/Parking

  • Main Level Garage YN: 1
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Parking Features: Driveway, Attached Garage, Garage Door Opener, Parking Space(s)

Utilities

  • Heating: Forced Air, Natural Gas
  • Sewer: Public Sewer
  • Laundry Features: Laundry Room, Main Level
  • Security: Security System
  • Cooling: Ceiling Fan(s), Central Air
  • Utilities: Cable Available
  • Water Source: City

Condo/Co-op/Association

  • Association Fee: 30
  • Association Fee Frequency: Quarterly
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: Property Matters
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Association/Amenities

  • Association Annual Expense: 120.00

Schools

  • Middle Or Junior School: Cramerton
  • HOA Subject To: Required

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 206019
  • Lot Size Acres: 69
  • Lot Size Sq Ft: 3005640
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R1H

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2023
Closed on
Mar 14, 2023
Sold by
Payseur Laurie K
Bought by
Grimes Thomas Loftin and Grimes Karen Louise
Seller's Agent
Sally Winter
Oak and Willow Realty LLC
Buyer's Agent
Michelle Teague
Corcoran HM Properties
List Price
$550,000
Sold Price
$550,000
Views
60
Current Estimated Value
$538,124

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,876
Avg. Annual Appreciation
-0.83%
Original Mortgage
$250,000
Outstanding Balance
$242,151
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$295,973

Purchase Details

Listed on
Apr 6, 2017
Closed on
May 18, 2017
Sold by
Mccorkle Eric S
Bought by
Payseur Laurie K
Seller's Agent
Lyn Frye
Howard Hanna Allen Tate Gastonia
Buyer's Agent
Angela Hoke
RE/MAX Executive
List Price
$279,900
Sold Price
$279,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.31%
Original Mortgage
$274,826
Interest Rate
4.1%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 29, 2015
Sold by
Haithcock Shelley P
Bought by
Mccorkle Eric S and Mccorkle Jennifer M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,200
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 24, 2010
Sold by
Haithcock Jason T and Haithcock Shelley P
Bought by
Haithcock Shelley P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 28, 2005
Sold by
Castlegate Homes Inc
Bought by
Haithcock Jason T and Haithcock Shelley P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,200
Interest Rate
5.68%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Grimes Thomas Loftin $550,000 National Title
Payseur Laurie K $280,000 None Available
Mccorkle Eric S $264,000 None Available
Haithcock Shelley P -- None Available
Haithcock Jason T $231,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grimes Thomas Loftin $250,000
Previous Owner Payseur Laurie K $274,826
Previous Owner Mccorkle Eric S $211,200
Previous Owner Haithcock Shelley P $195,000
Previous Owner Haithcock Jason T $208,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/14/2023 03/14/23 Sold $550,000 0.0% $253 / Sq Ft
02/13/2023 02/13/23 For Sale $550,000 0.0% $253 / Sq Ft
02/12/2023 02/12/23 Pending -- -- --
02/08/2023 02/08/23 For Sale $550,000 +96.5% $253 / Sq Ft
05/18/2017 05/18/17 Sold $279,900 0.0% $128 / Sq Ft View Prior Sale
04/06/2017 04/06/17 Pending -- -- --
04/06/2017 04/06/17 For Sale $279,900 -- $128 / 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 $4,957 $463,730 $64,000 $399,730
2024 $4,957 $463,730 $64,000 $399,730
2023 $5,008 $463,730 $64,000 $399,730
2022 $3,615 $271,830 $45,000 $226,830
2021 $3,670 $271,830 $45,000 $226,830
2019 $3,697 $271,830 $45,000 $226,830
2018 $3,235 $231,096 $36,000 $195,096
2017 $3,235 $231,096 $36,000 $195,096
2016 $3,235 $231,096 $0 $0
2014 $3,178 $227,001 $52,484 $174,517
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3938973

Canopy MLS (Canopy Realtor® Association)

APN: 206019