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5416 Shoreview Drive

5416 Shoreview Drive, Concord, NC 28025
Sold Oct 30, 2020
$1,000
$147,000 by Bank Of America Na
Mortgage Due Nov 01, 2047
Sold Oct 05, 2017
$317,500
$147,000 by Bank Of America Na
Mortgage Due Nov 01, 2047
5416 Shoreview Drive in Concord, NC was first built in 1981 and is 43 years old. Although, the building on the property was most recently renovated and altered in 2001. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 5416 Shoreview Drive has 2,604 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 1,600 ft and the linear feet between the front and back of the lot is 2,000. In total, the area measurement of the land is 41,687 square feet.

Learn more about the property and building on this page. There is a open porch. The home has a gable style roof made of composition shingle. For those who need parking, there is a mixed used garage. The garage is 576 sqft. The quality of the control joints have been graded by the local assessor with a letter grade of B. The exterior walls of the home are made of wood siding. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a heat pump and being fueled with electricity. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 5416 Shoreview Drive sold most recently in Oct 30, 2020 for a total of $1,000. If you work out the math, that's approximately a cost of $0.38 per sqft. Before that, the property was also sold for $317,500 in Oct 5, 2017. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $2,623 in taxes each year. 5416 Shoreview Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $315,250. If we break it down further, the land itself was valued at $45,000. Improvements to the property, however, were assessed at a total of $270,250. The property's total market value has been marked the same as the total assessed value which is pretty typical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1981
  • Effective Year Built: 2001
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: B
  • Exterior Walls Type: Wood siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Type: Offsite
  • Garage Type: Mixed use
  • Garage Square Area: 576
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 41,687
  • Lot Size Depth Feet: 2,000
  • Lot Size Frontage Feet: 1,600
  • Total Building Area: 2,604
  • Gross Building Area: 3,624
  • Building Area: 2,604
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 2,604
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.957
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 0.710 AC THE HELMS PROPERTY & 0.247 AC

Ownership

  • Current Owner : HELMS TIMOTHY L
  • Current Owner 2: HELMS TARAH D
  • Previous Owner : LAKE SHORE ESTATES INC
  • Owner Before Previous Owner: MOORE TERRY R
  • Owner Before Previous Owner 2: MOORE DAVETTA L
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Cabarrus County Schools
  • School Tax School District: 13-GEORGEVILLE
  • Census Tract: 041602

Zoning

  • Zoning: CR

Geography

  • Account Number: 118627
  • District: 09
  • Parcel: 5568 22 3447
  • Municipality: GEORGEVILLE
  • Latitude: 35.3416
  • Longitude: -80.4676

    Address

  • Full Address: 5416 Shoreview Dr
  • Address - House Number: 5416
  • Address - Street Name: Shoreview
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Concord
  • Carrier Code: R004
  • 4-Digit Zip Code: 9417
  • Zip Code: 28025

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,623
  • Tax Rate Code Area: FR13

    Appraisal Valuation

  • Standard Deviation: 0.1834
  • Valuation Date: Jan 18, 2023
  • Confidence Score: 76
  • Final Value: 537,534
  • High Value: 636,128
  • Low Value: 438,940

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $300,500
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Oct 05, 2017
  • First Open Lien Mortgage Loan Amount: $147,000
  • 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: Nov 01, 2047
  • Second Open Lien Mortgage Lender: QUICKEN LOANS INC
  • Second Open Lien Mortgage Recording Date: Oct 03, 2019
  • Second Open Lien Mortgage Loan Amount: $153,500
  • Second Open Lien Mortgage Term: 180
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Oct 01, 2034

    Market Valuation

  • Market Total Value: $315,250
  • Market Land Value: $45,000
  • Market Improvement Value: $270,250

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $315,250
  • Assessed Land Value: $45,000
  • Assessed Improvements Value: $270,250

    Sales

  • Current Sale Contract Date: Oct 30, 2020
  • Current Sale Recording Date: Oct 30, 2020
  • Current Sale Transaction ID: 11796379582
  • Current Sale Price: $1,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Oct 05, 2017
  • Previous Sale Contract Date: Oct 05, 2017
  • Previous Sale Amount: $317,500
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF AMERICA NA
  • Previous Mortgage Transaction Date: Oct 05, 2017
  • Previous Mortgage Loan Amount: $147,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 01, 2047

About Lake Shore Estates



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Frequently Asked Questions

What neighborhood is 5416 Shoreview Drive located in?
The 5416 Shoreview Drive is a located in the neighborhood of Lake Shore Estates in Lake Shore Estates, Concord.
What is the average sales price for listings in 5416 Shoreview Drive?
The average sales price for units in 5416 Shoreview Drive is $0 currently.

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