NOT LISTED FOR SALE

5514 Shoreview Dr Concord, NC 28025

Estimated Value: $474,000 - $520,545

3 Beds
3 Baths
2,627 Sq Ft
$189/Sq Ft Est. Value

Last Sold April 14, 2020

Last sale price $293,900 $112 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $2,945/month

33 Days on Market

Highlights

  • Waterfront
  • Community Lake
  • Ranch Style House
  • Open Floorplan
  • Pond
  • Corner Lot

About This Home

As of April 2020

If you love living on or near water, but don't love all the crowds and noise, this home is for you. It sits neatly on a corner lot with over an acre of land, with the property lines extending all the way into the private lake directly behind the home. Right across the street is the large Community Lake offering a dock, boat ramp, and a beach! A wonderful place to fish, walk, swim or just bathe in the sun. But when it's time to go indoors, this home is perfect for gathering with friends and loved ones. The main level has an open floor plan that flows seemlessly from the eat-in kitchen to the family room, the living room and the dining room. A wrap around deck showcases the beautiful lake views. In the basement is a great rec room and bar area for entertaining, plus another bedroom, bath, and a heated workshop. The owners installed a new dishwasher and HVAC in 2019, plus new paint and carpeting in 2019. Did I mention the ample closet space? Look no further, this is just the home for you!

Last Agent to Sell the Property

Timothy Miller

LT Properties License #210072 Listed on: 02/04/2020

Co-Listed By

Lisa Miller

LT Properties License #246790

Last Buyer's Agent

Stephanie Rankin

EXP Realty LLC License #250056

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1979

Lot Details

  • Waterfront
  • Corner Lot
  • Many Trees

HOA Fees

  • $8 Monthly HOA Fees

Parking

  • 1

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 3 Full Bathrooms
  • Open Floorplan
  • Fireplace
  • Pull Down Stairs to Attic

Flooring

  • Tile
  • Vinyl

Additional Features

  • Pond
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 5568-22-2150-0000

Community Details

Overview

  • Lake Shore Estates Association
  • Community Lake

Recreation

  • Recreation Facilities

Home Details

Home Type

Single Family

Year Built

Built in 1979

Lot Details

0

HOA Fees

$8 per month

Parking

1

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story Basement
  • Architectural Style: Ranch
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.97967
  • Ratio Close Price By Original Li: 0.97967
  • Ratio Current Price By Acre: 274672.90
  • Ratio Current Price By Sq Ft: 111.88
  • Year Built: 1979
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement, Basement Garage Door, Basement Partially Finished, Brick
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Equipment: Ceiling Fan(s), Cable Prewire, Dishwasher, Electric Dryer Hookup, Electric Range, Ice Maker Connection, Electric Oven
  • Fireplace Description: Den, FAMILYRM, Gas Unvented
  • Fireplace: Yes
  • Fixture Exception Description: CCTV and exterior flagpole
  • Fixture Exception Yn: Yes
  • Flooring: Carpet, Tile, Vinyl
  • Interior Amenities: Attic Stairs Pulldown, Basement Shop, Open Floorplan, Pantry
  • Laundry Location: Main, Closet
  • Room Count: 2
  • Sq Ft Basement: 908
  • Main Level Sq Ft: 1719
  • Total Sq Ft: 2627
  • Sq Ft Unheated Basement: 425
  • Sq Ft Unheated Total: 425

Exterior Features

  • Construction: Brick Partial, Vinyl
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Asphalt, Concrete
  • Parking: Basement, Driveway, Garage - 1 Car

Utilities

  • Heating: Central Air, Heat Pump - AC, Heat Pump - Heat
  • Sewer: Septic Installed
  • Water: Filtration System, Well Installed
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Lake, Pond, Recreation Area
  • Association Fee: 100.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Lake Shore Estates
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: A.T. Allen
  • Middle School: Mount Pleasant
  • High School: Mount Pleasant

Lot Info

  • Lot Features: Corner Lot, Lake Access, Lake, Trees, Water view, Waterfront
  • Lot Size Area: 1.070
  • Parcel Number: 5568-22-2150-0000
  • Zoning Specification: CR

Tax Info

  • Tax Value: 281160.00
  • Tax Location: Cabarrus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2020
Closed on
Apr 14, 2020
Sold by
Sutton Jeffrey Glenn
Bought by
Carter Linsey D and Reed Bruce L
Seller's Agent
Timothy Miller
LT Properties
Buyer's Agent
Stephanie Rankin
EXP Realty LLC
List Price
$300,000
Sold Price
$293,900
Premium/Discount to List
-$6,100
-2.03%
Current Estimated Value
$487,662

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$193,762
Avg. Annual Appreciation
9.86%
Original Mortgage
$285,083
Outstanding Balance
$255,269
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$229,493

Purchase Details

Closed on
Apr 22, 2010
Sold by
Lake Shore Estates Inc
Bought by
Sutton Carl and Sutton Jacqueline Lee

Purchase Details

Closed on
Jun 1, 1979
Bought by
Sutton Carl and Sutton Jacqueline L
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Carter Linsey D $294,000 None Available
Sutton Carl $1,000 None Available
Sutton Carl $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carter Linsey D $285,083
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2020 04/14/20 Sold $293,900 -2.0% $112 / Sq Ft
03/08/2020 03/08/20 Pending -- -- --
02/04/2020 02/04/20 For Sale $300,000 -- $114 / 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 $2,917 $437,930 $107,000 $330,930
2023 $2,508 $301,410 $70,000 $231,410
2022 $2,508 $301,410 $70,000 $231,410
2021 $2,508 $301,410 $70,000 $231,410
2020 $2,417 $290,510 $70,000 $220,510
2019 $2,339 $281,160 $78,750 $202,410
2018 $2,283 $281,160 $78,750 $202,410
2017 $2,227 $281,160 $78,750 $202,410
2016 $2,227 $266,450 $78,750 $187,700
2015 $2,038 $266,450 $78,750 $187,700
2014 $2,038 $266,450 $78,750 $187,700
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3588817

Canopy MLS (Canopy Realtor® Association)

APN: 5568-22-2150-0000