NOT LISTED FOR SALE

551 Shearers Rd Mooresville, NC 28115

Estimated Value: $194,000 - $279,000

2 Beds
2 Baths
1,334 Sq Ft
$180/Sq Ft Est. Value

Last Sold December 21, 2017

Last sale price $124,000 $93 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $1,430/month

3 Days on Market

Highlights

  • Wooded Lot
  • Wood Flooring
  • Side Porch
  • South Elementary School Rated A-
  • No HOA
  • Walk-In Closet

About This Home

As of December 2017

Move in ready home PERFECT for young couples or first time home buyers!!! All brick ranch home with flat private back yard. Fresh paint and new vanities with ship-lap accent walls in bathrooms. Totally rewired from stem to stern with up to code electrical wiring. HVAC is less than 5 years old, new roof in last 5 years, new exterior security/flood lighting. Beautiful hardwood floors and spacious kitchen. Master bath is spacious with walk in closet and privacy door b/t toilet and shower.

Last Agent to Sell the Property

Mack King

King Property Solutions, LLC Brokerage Email: mackiv.nasb@gmail.com License #287135 Listed on: 11/03/2017

Last Buyer's Agent

Don Carter

Don Carter Real Estate License #251766

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,065

Year Built

  • Built in 1945

Lot Details

  • 0.31 Acre Lot
  • Level Lot
  • Wooded Lot
  • Property is zoned R5

Parking

  • Driveway

Home Design

  • Composition Roof
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 1,334 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Crawl Space
  • Pull Down Stairs to Attic
  • Laundry Room

Kitchen

  • Self-Cleaning Oven
  • Electric Cooktop
  • Range Hood
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • Patio
  • Side Porch

Schools

  • Mooresville High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4656-96-7478.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,065

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1945
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Gravel
  • Unit Levels: One
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 92.95
  • Attribution Contact: mackiv.nasb@gmail.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Flooring: Hardwood, Vinyl, Wood
  • Interior Amenities: Attic Stairs Pulldown, Walk-In Closet(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1334
  • 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: 0
  • Appliances: Dishwasher, Electric Cooktop, Electric Water Heater, Exhaust Hood, Microwave, Plumbed For Ice Maker, Refrigerator, Self Cleaning Oven
  • Above Grade Finished Sq Ft: 1334
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Living Area: 1334
  • Bedroom Main: 2
  • Room Count: 6

Exterior Features

  • New Construction: No
  • Roof: Composition
  • Construction Type: Site Built
  • Exclusions: Washer, Dryer, Outdoor Grill
  • Construction Type: Brick Full
  • Patio And Porch Features: Patio, Side Porch

Garage/Parking

  • Main Level Garage YN: 0
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Driveway

Utilities

  • Heating: Heat Pump
  • Sewer: Public Sewer
  • Laundry Features: Utility Room, Laundry Room, Main Level
  • Cooling: Ceiling Fan(s), Central Air, Heat Pump
  • Utilities: Cable Available
  • Water Source: City

Condo/Co-op/Association

  • Hoa Subject To Dues: No
  • Senior Community: No
  • Association: No

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: None

Lot Info

  • Lot Features: Level, Wooded
  • Lot Size Area: 0.31
  • Lot Size Units: Acres
  • Parcel Number: 4656-96-7478.000
  • Development Status: Completed
  • Lot Size Acres: 0.31
  • Lot Size Sq Ft: 13503
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R5

MLS Schools

  • Elementary School: Unspecified
  • High School: Mooresville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2017
Closed on
Dec 11, 2017
Sold by
King Sarah Ervin and King Mack H
Bought by
Parsons Laura E
Seller's Agent
Mack King
King Property Solutions, LLC
Buyer's Agent
Don Carter
Don Carter Real Estate
List Price
$130,000
Sold Price
$124,000
Premium/Discount to List
-$6,000
-4.62%
Current Estimated Value
$239,826

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,826
Avg. Annual Appreciation
8.80%
Original Mortgage
$125,252
Outstanding Balance
$105,342
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$134,484

Purchase Details

Closed on
Jul 9, 2010
Sold by
Nichols Kurt R and Nichols Kurt
Bought by
Sullivan Sandra Westmoreland and Edwards Amanda Westmoreland

Purchase Details

Closed on
Mar 23, 2010
Sold by
Hsbc Mortgage Services Inc
Bought by
Nichols Kurt

Purchase Details

Closed on
Nov 20, 2009
Sold by
Ervin Kenneth Darrell
Bought by
Hsbc Mortgage Services Inc

Purchase Details

Closed on
Jun 1, 1979
Bought by
Ervin Kenneth D

Purchase Details

Closed on
Jun 1, 1976
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
Parsons Laura E $124,000 None Available
Sullivan Sandra Westmoreland $70,000 None Available
Nichols Kurt $34,900 None Available
Hsbc Mortgage Services Inc $45,694 None Available
Ervin Kenneth D $26,500 --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parsons Laura E $125,252
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/21/2017 12/21/17 Sold $124,000 -4.6% $93 / Sq Ft
11/06/2017 11/06/17 Pending -- -- --
11/03/2017 11/03/17 For Sale $130,000 -- $97 / 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 $2,065 $158,170 $35,000 $123,170
2023 $1,981 $158,170 $35,000 $123,170
2022 $1,711 $117,580 $21,000 $96,580
2021 $1,707 $117,580 $21,000 $96,580
2020 $1,707 $117,580 $21,000 $96,580
2019 $1,696 $117,580 $21,000 $96,580
2018 $1,221 $81,190 $12,600 $68,590
2017 $1,161 $81,190 $12,600 $68,590
2016 $1,161 $81,190 $12,600 $68,590
2015 $1,161 $81,190 $12,600 $68,590
2014 $1,296 $94,740 $21,000 $73,740
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3334604

Canopy MLS (Canopy Realtor® Association)

APN: 4656-96-7478.000