NOT LISTED FOR SALE

5601 Shoreview Dr Concord, NC 28025

Concord Area

Estimated Value: $666,000 - $729,000

4 Beds
3 Baths
2,508 Sq Ft
$277/Sq Ft Est. Value

Sale Details

Date Sold: September 29, 2023

Last sale price $650,000 $259 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $4,218 / mo

40 Days on Market

Highlights

  • Pond
  • Attached Garage
  • Four Sided Brick Exterior Elevation
  • Ranch Style House
  • Laundry Room
  • Central Air

About This Home

As of September 2023

A 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

Lanny Lancaster

The Lancaster Company License #188199 Listed on: 07/15/2023

Last Buyer's Agent

Tamara Fulk

Southern Homes of the Carolinas, Inc License #153067

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Year Built

  • Built in 1976

Lot Details

  • 2.84

HOA Fees

  • $54 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 2,508 Sq Ft Home
  • Den with Fireplace
  • Crawl Space
  • Electric Range
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 3 Full Bathrooms

Parking

  • Attached Garage
  • Driveway

Utilities

  • Central Air
  • Septic Tank

Additional Features

  • Pond
  • Property is zoned CR

Community Details

  • Lake Shore Estates Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 5568-21-5974-0000

Home Details

Home Type

Single Family

Year Built

Built in 1976

Lot Details

2.84 Acres

HOA Fees

$54 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Year Built: 1976
  • Second Living Quarters: Exterior Not Connected
  • Road Surface Type: Asphalt
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 259.17
  • Geocode Confidence: High
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 2508
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 0
  • Appliances: Electric Range
  • Above Grade Finished Sq Ft: 2508
  • Basement YN: No
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Den
  • Living Area: 2508
  • Bedroom Main: 4

Exterior Features

  • New Construction: No
  • Construction Type: Site Built
  • Waterfront Features: Beach - Public, Dock
  • Construction Type: Brick Full

Garage/Parking

  • Main Level Garage YN: 1
  • Carport Y N: No
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway, Attached Garage

Utilities

  • Heating: Electric
  • Sewer: Septic Installed
  • Laundry Features: Laundry Room
  • Cooling: Central Air
  • Water Source: Well

Condo/Co-op/Association

  • Association Fee: 650
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • ResoAssociationFeeFrequency: Annually
  • Association Email: lakeshoreestatesinc@gmail.com

Association/Amenities

  • Association Annual Expense: 650.00

Schools

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

Lot Info

  • Lot Features: Pond(s)
  • Lot Size Units: Acres
  • Parcel Number: 5568-21-5974-0000
  • Zoning: CR
  • ResoLotSizeUnits: Acres
  • Zoning Specification: CR

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2023
Closed on
Sep 21, 2023
Sold by
Bought by
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
$695,064

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,064
Avg. Annual Appreciation
2.39%
Original Mortgage
$617,500
Outstanding Balance
$599,441
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$95,623

Purchase Details

Closed on
May 13, 2022
Sold by
Bought by

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
4.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 7, 2007
Sold by
Bought by

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
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Concord, NC

  • Dion Foulks Real Estate Agent - NorthGroup Real Estate LLC

    Dion Foulks

    NorthGroup Real Estate LLC

    (980) 890-4096

    58 Total Sales

    1 in Concord

    $535,000 Price

    Dion Foulks
     Section Image
  • DJ Pomposini Real Estate Agent - HoneyBee Real Estate

    DJ Pomposini

    HoneyBee Real Estate

    (980) 525-8614

    76 Total Sales

    3 in Concord

    $332K - $527K Price Range

    DJ Pomposini
     Section Image
  • Jim Raborn Real Estate Agent - Jim Raborn Real Estate, LLC

    Jim Raborn

    Jim Raborn Real Estate, LLC

    (833) 662-3953

    29 Total Sales

    7 in Concord

    $132K - $495K Price Range

    Jim Raborn
     Section Image
  • Nick Tyson Real Estate Agent - Tyson Sold

    Nick Tyson

    Tyson Sold

    (888) 853-7602

    37 Total Sales

    2 in Concord

    $358K - $365K Price Range

    Nick Tyson
     Section Image
  • Chip Camp Real Estate Agent - Whitetail Properties Real Estate LLC

    Chip Camp

    Whitetail Properties Real Estate LLC

    (217) 407-7128

    220 Total Sales

    1 in Concord

    $275,000 Price

    Chip Camp
     Section Image
  • Narendra Devarapalli Real Estate Agent - Prime Real Estate Advisors LLC

    Narendra Devarapalli

    Prime Real Estate Advisors LLC

    (816) 312-4721

    142 Total Sales

    20 in Concord

    $363K - $918K Price Range

    Narendra Devarapalli
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$650,000 None Listed On Document
-- None Listed On Document
$400,000 None Available
$150,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $617,500
Previous Owner $263,500
Previous Owner $280,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $4,046 $607,550 $171,200 $436,350
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

  • L

    Seller's Agent in 2023

    Lanny Lancaster

    The Lancaster Company

    (704) 791-5399

    6 Total Sales

    Lanny Lancaster
    Section Image
  • Tamara Fulk Real Estate Agent - Southern Homes of the Carolinas, Inc

    Buyer's Agent in 2023

    Tamara Fulk

    Southern Homes of the Carolinas, Inc

    (704) 309-8286

    43 Total Sales

    Tamara Fulk
    Section Image
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Map

Source: Canopy MLS

MLS Number: 4049670

Canopy MLS

APN: 5568-21-5974-0000

North Carolina Cabarrus County Concord 28025

5601 Shoreview Dr, Concord, NC

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Canopy MLS All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID
Listings courtesy of Canopy MLS as distributed by MLS GRID

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