NOT LISTED FOR SALE

917 Shearer St Unit 5 Davidson, NC 28036

Estimated Value: $232,000 - $308,000

2 Beds
2.5 Baths
986 Sq Ft
$204/mo HOA Fee

Last Sold December 29, 2021

Last sale price $185,000 $188 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $1,774/month

9 Days on Market

About This Home

As of December 2021

Well-maintained 2 BR/ 2.5 Bath Condo in Davidson Court only a short walk to Davidson College & downtown Davidson. This unit has a great location on the south side of building. Small covered front porch overlooks an open, treed area across Williams Street. Unit is in excellent condition. Good natural light & an airy feeling in the unit. Coat closet on entry, large family room w/ gas fireplace & television/media cabinet. Kitchen, dining area, laundry & half bath on main level. Solid appliances & good storage space in kitchen. Upstairs features two bedrooms & two full bathrooms. Upstairs has good lighting w/ windows across front of building. Tremendous location - only minutes to Davidson College, Ingersoll Rand, MSC Industrial & Lowes. Easy access to I-77 from Beaty Street. Great possibilities for an individual owner or for real estate investors. Unit currently rented $1150 per month range. Don't miss this opportunity!

Last Agent to Sell the Property

Adam Barton

Lake Norman Agents LLC License #288372 Listed on: 11/05/2021

Last Buyer's Agent

Summer Robinson Tabor

Lake Norman Realty, Inc License #193784

Lake Norman Realty, Inc

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2000

Lot Details

  • 0.86

HOA Fees

  • $204 Monthly HOA Fees

Home Design

  • Slab Foundation

Schools

  • Davidson Elementary School
  • Bailey Middle School
  • William Amos Hough High School

Additional Features

  • Vinyl Flooring

Listing and Financial Details

  • Assessor Parcel Number 003-282-32

Property Details

Home Type

Condominium

Year Built

Built in 2000

Lot Details

0

HOA Fees

$204 per month

Listing Details

  • Property Type: Condo/Townhouse
  • Property Sub Type: 2 Story
  • Ratio Close Price By List Price: 0.94872
  • Ratio Close Price By Original Li: 0.94872
  • Ratio Current Price By Sq Ft: 187.63
  • Unit Floor Level: 1
  • Year Built: 2000
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 493
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 2
  • Entry Level: Main
  • Equipment: Electric Dryer Hookup, Electric Range, Refrigerator
  • Flooring: Carpet, Vinyl
  • Laundry Location: Main
  • Room Count: 2
  • Main Level Sq Ft: 493
  • Total Sq Ft: 986

Exterior Features

  • Construction: Brick Partial
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Asphalt
  • Parking: Lot

Utilities

  • Heating: Central Air, Gas Hot Air Furnace
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee: 204.00
  • Association Fee Frequency: Monthly
  • Complex Name: Davidson Court
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Davidson
  • Middle School: Bailey
  • High School: William Amos Hough
  • Middle Or Junior School: Bailey

Lot Info

  • Parcel Number: 003-282-32
  • Zoning Specification: VIP

Tax Info

  • Tax Value: 119000.00
  • Tax Location: Davidson

MLS Schools

  • Elementary School: Davidson
  • High School: William Amos Hough

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2021
Closed on
Dec 21, 2021
Sold by
Belloli Gabe and Belloli Gina M
Bought by
Green Ginger B
Seller's Agent
Adam Barton
Lake Norman Agents LLC
Buyer's Agent
Summer Robinson Tabor
Lake Norman Realty, Inc
List Price
$195,000
Sold Price
$185,000
Premium/Discount to List
-$10,000
-5.13%
Total Days on Market
9
Current Estimated Value
$259,513

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,513
Avg. Annual Appreciation
10.25%
Original Mortgage
$138,750
Outstanding Balance
$129,174
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$130,339

Purchase Details

Closed on
Oct 7, 2021
Sold by
Meyers Virginia E and Virginia E Meyers Family 1997
Bought by
Belloli Gabe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 21, 2002
Sold by
Surane James W
Bought by
Meyers Virginia E

Purchase Details

Closed on
Feb 15, 2002
Sold by
Groveco Llc
Bought by
Surane James W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,000
Interest Rate
7.62%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Green Ginger B $185,000 None Available
Belloli Gabe $150,000 Meridian Title
Meyers Virginia E -- --
Surane James W $92,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Green Ginger B $138,750
Previous Owner Belloli Gabe $135,000
Previous Owner Surane James W $69,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2021 12/29/21 Sold $185,000 -5.1% $188 / Sq Ft
11/14/2021 11/14/21 Pending -- -- --
11/05/2021 11/05/21 For Sale $195,000 0.0% $198 / Sq Ft
08/30/2019 08/30/19 Rented $925 0.0% --
08/16/2019 08/16/19 For Rent $925 +27.6% --
04/23/2012 04/23/12 Rented $725 0.0% --
03/24/2012 03/24/12 Under Contract -- -- --
03/06/2012 03/06/12 For Rent $725 -- --
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
2023 $1,492 $195,873 $0 $195,873
2022 $1,160 $119,000 $0 $119,000
2021 $1,179 $119,000 $0 $119,000
2020 $1,119 $119,000 $0 $119,000
2019 $1,173 $119,000 $0 $119,000
2018 $1,146 $90,200 $25,200 $65,000
2017 $1,135 $90,200 $25,200 $65,000
2016 $1,132 $90,200 $25,200 $65,000
2015 $1,128 $90,200 $25,200 $65,000
2014 $1,126 $90,200 $25,200 $65,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3803407

Canopy MLS (Canopy Realtor® Association)

APN: 003-282-32