L
Seller's Agent in 2023
Lanny Lancaster
The Lancaster Company
(704) 791-5399
12 Total Sales
5601 Shoreview Dr Concord, NC 28025
Estimated Value: $611,000 - $794,000
4
Beds
3
Baths
2,508
Sq Ft
$271/Sq Ft
Est. Value
Highlights
- Ranch Style House
- Attached Garage
- Central Air
- Fireplace
- Four Sided Brick Exterior Elevation
About This Home
As of September 2023A rare chance to own waterfront property in Cabarrus County. The ranch home with 2.84 acres is located on Furr Lake—beautiful lake views from living areaa and primary bedroom have lake views. It has a unique layout and characteristics that are hard to find. The home has a detached lake/guest house located at the stationary dock that is currently gutted but has tremendous potential. This lake/guest house is currently gutted. Lake Shore Estates is a desirable neighborhood with several ponds and Furr Lake with a community beach area. There is a $650 per year lake fee. For more insight into this wonderful community please see, https://www.lakeshoreestatesnc.com. This really is a must-see home to appreciate this one of a kind home.
Last Agent to Sell the Property
The Lancaster Company License #188199 Listed on: 07/15/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,515
Year Built
- Built in 1976
Lot Details
- Property is zoned CR
HOA Fees
- $54 Monthly HOA Fees
Home Design
- Ranch Style House
- Four Sided Brick Exterior Elevation
Interior Spaces
- 2,508 Sq Ft Home
- Fireplace
- Crawl Space
- Electric Range
Bedrooms and Bathrooms
- 4 Main Level Bedrooms
- 3 Full Bathrooms
Parking
- Attached Garage
- Driveway
Utilities
- Central Air
- Septic Tank
Community Details
- Lake Shore Estates Subdivision
- Mandatory home owners association
Listing and Financial Details
- Assessor Parcel Number 5568-21-5974-0000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 15, 2023
Closed on
Sep 21, 2023
Sold by
Peters Jorge Lindsey Anne
Bought by
Fulk Dylan B and Fulk Anna C
Seller's Agent
Lanny Lancaster
The Lancaster Company
Buyer's Agent
Tamara Fulk
Southern Homes of the Carolinas, Inc
List Price
$825,000
Sold Price
$650,000
Premium/Discount to List
-$175,000
-21.21%
Views
161
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,462
Avg. Annual Appreciation
3.50%
Original Mortgage
$617,500
Outstanding Balance
$608,086
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$84,915
Purchase Details
Closed on
May 13, 2022
Sold by
Unknown
Bought by
Raiford Marsha Kay
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,500
Interest Rate
4.48%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 7, 2007
Sold by
Atherton Margarette A
Bought by
Peters Kay R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
9.27%
Mortgage Type
Balloon
Purchase Details
Closed on
Dec 1, 1987
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Fulk Dylan B | $650,000 | None Listed On Document | |
| Raiford Marsha Kay | -- | Rosenberg Jay A | |
| Peters Kay R | $400,000 | None Available | |
| -- | $150,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Fulk Dylan B | $617,500 | |
| Previous Owner | Raiford Marsha Kay | $263,500 | |
| Previous Owner | Peters Kay R | $280,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/29/2023 09/29/23 | Sold | $650,000 | -15.0% | $259 / Sq Ft |
| 08/12/2023 08/12/23 | Price Changed | $765,000 | -7.3% | $305 / Sq Ft |
| 07/15/2023 07/15/23 | For Sale | $825,000 | -- | $329 / Sq Ft |
Source: Canopy MLS (Canopy Realtor® Association)
Tax History Compared to Growth
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 | $3,515 | $527,850 | $171,200 | $356,650 |
| 2023 | $3,037 | $365,010 | $112,000 | $253,010 |
| 2022 | $3,037 | $365,010 | $112,000 | $253,010 |
| 2021 | $3,037 | $365,010 | $112,000 | $253,010 |
| 2020 | $3,037 | $365,010 | $112,000 | $253,010 |
| 2019 | $3,014 | $362,280 | $140,630 | $221,650 |
| 2018 | $2,942 | $362,280 | $140,630 | $221,650 |
| 2017 | $2,869 | $362,280 | $140,630 | $221,650 |
| 2016 | $2,869 | $345,050 | $140,630 | $204,420 |
| 2015 | $2,733 | $345,050 | $140,630 | $204,420 |
| 2014 | $2,733 | $345,050 | $140,630 | $204,420 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2023
Tamara Fulk
Southern Homes of the Carolinas, Inc
(704) 309-8286
67 Total Sales
Map
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: 4049670
APN: 5568-21-5974-0000
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