NOT LISTED FOR SALE

725 W Sumter St Shelby, NC 28150

Estimated Value: $826,954 - $1,406,000

-- Bed
-- Bath
8,908 Sq Ft
$125/Sq Ft Est. Value

About This Home

This home is located at 725 W Sumter St, Shelby, NC 28150 and is currently estimated at $1,116,651, approximately $125 per square foot. 725 W Sumter St is a home located in Cleveland County with nearby schools including Graham Elementary School, Shelby Middle School, and Shelby High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 23, 2021
Sold by
Ons Property Management Group Llc
Bought by
Sumter Street Apartments Llc
Current Estimated Value
$1,116,651

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,007,000
Outstanding Balance
$924,017
Interest Rate
3.09%
Mortgage Type
Commercial
Estimated Equity
$192,634

Purchase Details

Closed on
Mar 20, 2019
Sold by
Imperial Investment Holdings Inc
Bought by
Ons Property Management Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$570,000
Interest Rate
4.4%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Sep 21, 2015
Sold by
Gary Morris Inc
Bought by
Imperial Investment Holdings Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$403,750
Interest Rate
3.88%
Mortgage Type
Commercial
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.

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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.

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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.

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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.

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Average Value
Not Available
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
Sumter Street Apartments Llc $5,000 First American Title Ins Co
Ons Property Management Group Llc $760,000 Investors Title Insurance Co
Imperial Investment Holdings Inc $475,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sumter Street Apartments Llc $1,007,000
Previous Owner Ons Property Management Group Llc $570,000
Previous Owner Imperial Investment Holdings Inc $403,750
Source: Public Records

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
2025 $9,030 $907,515 $70,560 $836,955
2024 $8,809 $695,754 $62,160 $633,594
2023 $8,765 $695,754 $62,160 $633,594
2022 $8,765 $695,754 $62,160 $633,594
2021 $8,809 $695,754 $62,160 $633,594
2020 $6,452 $489,076 $62,160 $426,916
2019 $6,452 $489,076 $62,160 $426,916
2018 $6,431 $489,076 $62,160 $426,916
2017 $6,276 $489,076 $62,160 $426,916
2016 $6,269 $489,076 $62,160 $426,916
2015 $9,988 $837,391 $62,160 $775,231
2014 $9,988 $837,391 $62,160 $775,231
Source: Public Records

Map

North Carolina Cleveland County Shelby 28150

725 W Sumter St, Shelby, NC

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