NOT LISTED FOR SALE

5501 Spearmint Dr Mint Hill, NC 28227

Estimated Value: $632,000 - $859,093

3 Beds
7 Baths
3,820 Sq Ft
$207/Sq Ft Est. Value

Last Sold November 20, 2020

Last sale price $549,900 $144 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $4,750/month

1 Day on Market

Highlights

  • In Ground Pool
  • Wood Flooring
  • Separate Outdoor Workshop
  • Bain Elementary Rated 9+
  • Farmhouse Style Home
  • Attached Garage

About This Home

As of November 2020

Looking for it all? Wrap around porch ~ Acre Lot ~ Fenced Yard ~ Pool ~ Tiki Bar ~ 42x30' Wired workshop ~ Fire Pit ~ Bonus Room ~ Office ~ RV Parking w/ 50 amp outlet ~ 5 Full Baths ~ (2) 1/2 Baths ~ Amazing Master Suite w/ FP & HIS & HER bathrooms ….. The list goes on and on! Beautiful well maintained home on level lot in established neighborhood w/ NO HOA. Open kitchen w/ granite, double wall oven, gas cook top, S/S appliances, custom built-in dining bench w/ storage open to family room. Bonus room and Office or Classroom... Wood floors flow through main living areas, both formal LR & DR, Den & Family Room. Custom molding & finishes throughout. No detail has been left out. Tri zone heat/air. 2 water heaters, Separate meter for workshop (or call it a small warehouse!). This home completes the needs off all members of the household! This home will not last! Home has 2 additional "bonus rooms" which could be bedrooms.

Last Agent to Sell the Property

Anna Granger

1st Choice Properties Inc License #214639 Listed on: 10/05/2020

Last Buyer's Agent

Chad Hendrix

Hendrix Properties License #213726

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1978

Lot Details

  • Level Lot
  • Irrigation

Parking

  • Attached Garage
  • Gravel Driveway

Home Design

  • Farmhouse Style Home
  • Vinyl Siding

Interior Spaces

  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Crawl Space
  • Pull Down Stairs to Attic
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet

Outdoor Features

  • In Ground Pool
  • Fire Pit
  • Separate Outdoor Workshop

Utilities

  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 195-043-56

Home Details

Home Type

Single Family

Year Built

Built in 1978

Lot Details

0

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Architectural Style: Farmhouse
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Acre: 533883.50
  • Ratio Current Price By Sq Ft: 143.95
  • Year Built: 1978
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space
  • Upper Level Sq Ft: 2056
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bathrooms: 7.00
  • Total Bedrooms: 3
  • Equipment: Ceiling Fan(s), Cooktop Gas, Dishwasher, Disposal, Double Oven, Downdraft Cooktop, Dryer, Ice Maker Connection, Microwave, Refrigerator, Wall Oven, Washer
  • Fireplace Description: Den, Gas Logs, Primary Bedroom, Wood Burning
  • Fireplace: Yes
  • Fixture Exception Description: see attached list
  • Fixture Exception Yn: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Attic Other, Attic Stairs Pulldown, Built-Ins, Kitchen Island, Pantry, Split BR Plan, Walk-In Closet(s), Walk-In Pantry
  • Laundry Location: Main, Laundry Room
  • Room Count: 2
  • Sq Ft Additional: 1260
  • Main Level Sq Ft: 1764
  • Total Sq Ft: 3820

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard, Fire pit, In-Ground Irrigation, Pool-In-Ground, Workshop

Garage/Parking

  • Driveway: Concrete, Gravel
  • Parking: Attached Garage, Garage - 2 Car, Garage Door Opener

Utilities

  • Heating: Central Air, Gas Hot Air Furnace, Gas Water Heater, Heat Pump - AC, Heat Pump - Heat, Multizone A/C, MultiZone Heat
  • Sewer: Septic Installed
  • Water: City Water, Well Installed
  • Water Heater: Electric, Gas

Schools

  • Elementary School: Bain
  • Middle School: Mint Hill
  • High School: Independence

Lot Info

  • Lot Features: Level
  • Lot Size Area: 1.030
  • Parcel Number: 195-043-56
  • Zoning Specification: R

Tax Info

  • Tax Value: 368000.00
  • Tax Location: Mint Hill

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2020
Closed on
Nov 19, 2020
Sold by
Padgett Robert M and Padgett Tammy L
Bought by
King Tina Marie and King Glenn Hampton
Seller's Agent
Anna Granger
1st Choice Properties Inc
Buyer's Agent
Chad Hendrix
Hendrix Properties
List Price
$549,900
Sold Price
$549,900
Total Days on Market
1
Current Estimated Value
$792,273

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$242,373
Avg. Annual Appreciation
7.49%
Original Mortgage
$545,000
Outstanding Balance
$487,180
Interest Rate
2.8%
Mortgage Type
VA
Estimated Equity
$288,852

Purchase Details

Closed on
Oct 25, 2012
Sold by
Friedrichsen Bruce
Bought by
Padgett Robert M and Padgett Tammy L

Purchase Details

Closed on
Sep 6, 2007
Sold by
Doyle Matthew Charles
Bought by
Friedrichsen Bruce and Friedrichsen Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,000
Interest Rate
6.55%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 16, 2007
Sold by
Doyle Donna Kaye
Bought by
Doyle Matthews Charles

Purchase Details

Closed on
Jun 1, 2001
Sold by
Hartrick George B and Hartrick Merry
Bought by
Doyle Matthew C and Doyle Donna K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,800
Interest Rate
7.16%
Mortgage Type
Credit Line Revolving
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
King Tina Marie $550,000 None Available
Padgett Robert M $325,000 None Available
Friedrichsen Bruce $385,000 Master
Doyle Matthews Charles -- None Available
Doyle Matthew C $254,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open King Tina Marie $545,000
Previous Owner Friedrichsen Bruce $303,550
Previous Owner Friedrichsen Bruce $305,000
Previous Owner Doyle Matthew C $50,000
Previous Owner Doyle Matthew O $251,000
Previous Owner Doyle Matthew C $49,800
Previous Owner Doyle Matthew C $203,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2020 11/20/20 Sold $549,900 0.0% $144 / Sq Ft
10/07/2020 10/07/20 Pending -- -- --
10/05/2020 10/05/20 For Sale $549,900 -- $144 / 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 $5,197 $726,900 $109,600 $617,300
2023 $5,119 $726,900 $109,600 $617,300
2022 $4,198 $476,900 $81,400 $395,500
2021 $4,198 $476,900 $81,400 $395,500
2020 $3,248 $368,000 $81,400 $286,600
2019 $3,242 $368,000 $81,400 $286,600
2018 $2,629 $238,000 $39,000 $199,000
2017 $2,608 $238,000 $39,000 $199,000
2016 $2,604 $238,000 $39,000 $199,000
2015 $2,601 $238,000 $39,000 $199,000
2014 $2,874 $263,300 $39,000 $224,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3668721

Canopy MLS (Canopy Realtor® Association)

APN: 195-043-56