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1005 West Sumter Street

1005 West Sumter Street, Shelby, NC 28150
Property in Cleveland
Sold Aug 31, 2022
$370,000
$370,000 by State Employees Credit Union
Mortgage Due Sep 01, 2052
Sold Jun 21, 2011
$190,000
$175,000 by Donald W Mcswain Etux
Mortgage Due May 01, 2026
Local assessors in Shelby, NC have categorized 1005 West Sumter Street as a residential type of property. The home was built in 1959 and is 65 years old. It was most recently renovated and altered in 1987. The property's lot size has been calculated to be 26,000 square feet. The linear feet between the front and back of the lot was measured at 2,600 ft and the front of the lot was measured at 1,000 ft. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1005 West Sumter Street has a total of 3,628 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a carport for those who need a place to park their vehicle. The garage on the property is 280 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has a covered porch so you'll have a great option in the front of the home. Lots of brick were used in the construction of the exterior walls of the home. Residents rely on a packaged air conditioning unit for their cooling system. The home's a heat pump is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1005 West Sumter Street was last sold in Aug 31, 2022 for $370,000. According to our calculations, that's $101.98 per sqft. Prior to that sales transaction, the property was sold for $190,000 in Jun 1, 2011. Current property owners are expected to pay $2,678 in taxes per year. The property on 1005 West Sumter Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $220,139. To break that down further, the land itself was valued at $28,500. While improvements to the property were assessed at a total of $191,639. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Brick Exterior
Vinyl Siding

Parking

Carport
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1987
  • Bedroom Count: 0
  • Bathroom Plumbing Fixtures: 5
  • Exterior Walls Type: Brick
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 3,502
  • Garage Type: Carport
  • Garage Square Area: 280
  • Parking Space Count: 1
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 26,000
  • Lot Size Depth Feet: 2,600
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 3,628
  • Building Area: 3,628
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Packed air conditioning unit
  • Heating: Heat pump
  • Heated Square Feet: 3,628
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.596
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 1005 W SUMTER ST

Ownership

  • Current Owner : BOST MICHAEL P
  • Current Owner 2: HENRIQUEZ MARIANETTE P
  • Previous Owner : MCSWAIN DEBORAH A
  • Previous Owner 2: MCSWAIN MATTHEW P
  • Owner Before Previous Owner: MCSWAIN DONALD W
  • Owner Before Previous Owner 2: MCSWAIN RACHAEL S
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Cleveland County Schools
  • School Tax School District: CITY OF SHELBY
  • Census Tract: 951100

Zoning

  • Zoning: R10

Geography

  • Assessors Map Reference: S77
  • Account Number: 1350654
  • District: 6
  • Parcel: 21539
  • Block: 2
  • Lot: 1
  • Municipality: SHELBY
  • Latitude: 35.2942
  • Longitude: -81.562

    Address

  • Full Address: 1005 W Sumter St
  • Address - House Number: 1005
  • Street Direction: W
  • Address - Street Name: Sumter
  • Address - Suffix Type: St
  • State: NC
  • City Name: Shelby
  • Carrier Code: C005
  • 4-Digit Zip Code: 4338
  • Zip Code: 28150

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,678
  • Tax Rate Code Area: 6

    Appraisal Valuation

  • Standard Deviation: 0.2468
  • Valuation Date: Aug 23, 2023
  • Confidence Score: 65
  • Final Value: 367,156
  • High Value: 457,788
  • Low Value: 276,523

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $370,000
  • First Open Lien Mortgage Lender: STATE EMPLOYEES CREDIT UNION
  • First Open Lien Mortgage Recording Date: Aug 31, 2022
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $370,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2052

    Market Valuation

  • Market Total Value: $220,139
  • Market Land Value: $28,500
  • Market Improvement Value: $191,639

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $220,139
  • Assessed Land Value: $28,500
  • Assessed Improvements Value: $191,639

    Sales

  • Current Sale Contract Date: Aug 31, 2022
  • Current Sale Recording Date: Aug 31, 2022
  • Current Sale Transaction ID: 11895593800
  • Current Sale Price: $370,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 200077811
  • Previous Sale Recording Date: Jun 21, 2011
  • Previous Sale Contract Date: Jun 01, 2011
  • Previous Sale Amount: $190,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: STATE EMPLOYEES CREDIT UNION
  • First Mortgage Transaction Date: Aug 31, 2022
  • First Mortgage Loan Amount: $370,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2052

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: DONALD W MCSWAIN ETUX
  • Previous Mortgage Transaction Date: Jun 21, 2011
  • Previous Mortgage Loan Amount: $175,000
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: Seller take-back
  • Previous Mortgage Loan Due Date: May 01, 2026

About Shelby



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Frequently Asked Questions

What neighborhood is 1005 West Sumter Street located in?
The 1005 West Sumter Street is a located in the neighborhood of Cleveland in Shelby, Shelby.
What is the average sales price for listings in 1005 West Sumter Street?
The average sales price for units in 1005 West Sumter Street is $0 currently.

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