tomo logo

$759,000

Beds
5
Baths
4.0
sq ft
3,904

5211 Shannamara Drive, Matthews, NC 28104

5211 Shannamara Drive

Matthews, NC 28104

  • 54 days on market
    • Price drop $16,000↓
Nestled in the prestigious Shannamara community, this brick ranch overlooks the 7th tee box of the Divide golf course. Step inside and be greeted by stunning Brazilian cherry wood floors that flow throughout the main level. The living room opens to the gourmet kitchen, featuring sleek stainless steel appliances, granite countertops, and a breakfast area. The primary bedroom is a true retreat, boasting a double tray ceiling and an en-suite bathroom with dual sinks, a Jacuzzi tub, and a spacious walk-in closet. Outdoor living is a breeze on the screened-in porch, equipped with Eze-breeze screens, a wainscot ceiling, recessed lighting, and durable Trex flooring. The real showstopper lies below – a fully finished walk-out basement that's an entertainer's dream. Complete with a full kitchen, billiard area, and a theater room featuring sconce lighting, a projector, and screen. With its prime location and luxurious amenities, this home is sure to impress!

Details

Property type

Single Family Residence

Est. home value

$752,846

Lot size

Unknown

Price per sq ft

$195

Year built

2003

Monthly HOA fee

$53.12

Price History

09/11/2024
CanopyMLS

CanopyMLS #4160259

Price change
$759,000
-2.06%
08/24/2024
CanopyMLS

CanopyMLS #4160259

Price change
$775,000
-1.77%
07/27/2024
CanopyMLS

CanopyMLS #4160259

Listed
$789,000
+67.91%

Schools & Community

Elementary school: 

Unspecified

Middle school: 

Unspecified

High school: 

Unspecified

Community features: 

Clubhouse, Fitness Center, Golf, Street Lights

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$288,887
Asking price
$759,000
Closing costs (~8% of asking)
-$60,720
Est. remaining loan balance
-$409,393
Cash to seller
$288,887

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Whitley Mortgage Associates Inc

Loan start date

February 2019

Original loan amount

$454,000

Est. remaining balance

$409,393

Interest rate

4.51%

Loan type

New Conventional, 30 year

Seller

Roland T Wilfong

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Similar Homes Nearby

Price drop
CanopyMLS
$755,000
5 bd
|
3.5 ba
|
3,703 sq ft
|
House

14916 Oregon Oak Court, Mint Hill, NC 28227

Price drop
CanopyMLS
$749,000
5 bd
|
4 ba
|
3,575 sq ft
|
House

1006 Thurston Drive, Indian Trail, NC 28079

Price drop
CanopyMLS
$699,000
5 bd
|
3.5 ba
|
3,381 sq ft
|
House

5885 Four Wood Drive, Matthews, NC 28104

Status: Active

Tomo last checked: 09/18/2024 at 9:45 PM

Listing updated: 09/12/2024 at 5:04 AM

Listed by: Bri Russell, EXP Realty LLC Phone #: (888) 584-9431

MLS: CanopyMLS #4160259

CanopyMLS logo

Recently listed in Matthews