NOT LISTED FOR SALE

00 Lot 5 Rilla Hamilton Rd Monroe, NC 28110

Estimated Value: $287,000 - $408,142

16.42 Acres
$21,171 Price per Acre
715,124 Sq Ft Lot

Last Sold March 16, 2021

Last sale price $185,000

Est. 88% increase in value since last sale

Current estimated payment $1,901/month

483 Days on Market

Highlights

  • Private Lot
  • Wooded Lot
  • Access to stream, creek or river
  • Unionville Elementary School Rated A-
  • No HOA

About This Lot

As of March 2021

SOIL EVALUATION HAS BEEN COMPLETED BY A LICENSED SOIL SCIENTIST. THERE ARE FOUR POSSIBLE PERK SITES. 3 SITES ARE FOR 4 BEDROOM HOMES AND ONE IS FOR A POSSIBLE 6 BEDROOM HOME. SOIL REPORT IS AVAILABLE UPON REQUEST. Land can be divided into 3 lots per UC planing.
Come this beautiful property in the highly desired Piedmont/Unionville school districts. This property offers the convenience of being near the new Monroe Expressway and affords the peace and quite of country living. Don't miss this opportunity for a property that offers the best of both worlds. Property is covered in mature woods - a sportsman paradise!!

Last Agent to Sell the Property

Phil Rushing

Central Carolina Real Estate Group LLC Brokerage Email: pwrushing45@gmail.com License #293907 Listed on: 10/03/2019

Last Buyer's Agent

Denise Milliken

Central Carolina Real Estate Group LLC License #183950

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $976

Lot Details

  • 16.42 Acre Lot
  • Lot Dimensions are 1773x441x1283x934
  • Private Lot
  • Paved or Partially Paved Lot
  • Level Lot
  • Wooded Lot
  • Possible uses of the property include Horses, Poultry, Private Estate, Residential, Timber
  • Property is zoned R40, AF8

Schools

  • Unionville Elementary School
  • Piedmont Middle School
  • Piedmont High School

Utilities

  • Septic Needed

Listing and Financial Details

  • Assessor Parcel Number 08-078-012-A

Community Details

Overview

  • No Home Owners Association

Recreation

  • Access to stream, creek or river

Property Details

Property Type

Land

Est. Annual Taxes

$976

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Acreage
  • Habitable Residence Yn: No
  • Restrictions: No Restrictions
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Frontage Type: County Road, Easement
  • Road Surface Type: Gravel, Paved
  • ResoPropertyType: Land
  • Attribution Contact: pwrushing45@gmail.com
  • Special Features: None

Interior Features

  • Foundation Details: None
  • Possible Use: Horses, Poultry, Private Estate, Residential, Timber

Exterior Features

  • Waterfront Features: None
  • Other Structures: Other - See Remarks

Utilities

  • Sewer: Septic Needed
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: None
  • Association: No

Schools

  • Middle Or Junior School: Piedmont
  • HOA Subject To: None

Lot Info

  • Lot Features: Level, Paved, Private, Creek/Stream, Wooded
  • Lot Size Units: Acres
  • Parcel Number: 08-078-012-A
  • Zoning: AF8
  • Can Be Subdivided: 1
  • Cleared Acres: 1.00
  • Lot Size Acres: 16.417
  • Lot Size: 1773X441X1283X934
  • Lot Size Sq Ft: 715124
  • Wooded Area: 15
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R40

MLS Schools

  • Elementary School: Unionville
  • High School: Piedmont

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2019
Closed on
Mar 12, 2021
Sold by
Price Michael Eugene and Price Kathy Lamar
Bought by
Harris Samuel Franklin
Seller's Agent
Phil Rushing
Central Carolina Real Estate Group LLC
Buyer's Agent
Denise Milliken
Central Carolina Real Estate Group LLC
List Price
$199,000
Sold Price
$185,000
Premium/Discount to List
-$14,000
-7.04%
Current Estimated Value
$347,571

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,571
Avg. Annual Appreciation
14.63%
Original Mortgage
$114,000
Outstanding Balance
$93,426
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$254,145

Purchase Details

Closed on
Aug 10, 1998
Sold by
Aycoth Thomas M and Aycoth Sandra T
Bought by
Price Michael Eugene and Price Kathy Lamar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
6.96%
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
Harris Samuel Franklin $175,000 None Available
Price Michael Eugene $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harris Samuel Franklin $114,000
Previous Owner Price Michael Eugene $210,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/16/2021 03/16/21 Sold $185,000 -7.0% --
01/28/2021 01/28/21 Pending -- -- --
10/03/2019 10/03/19 For Sale $199,000 -- --
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
2024 $976 $148,800 $127,700 $21,100
2023 $966 $148,800 $127,700 $21,100
2022 $966 $148,800 $127,700 $21,100
2021 $967 $148,800 $127,700 $21,100
2020 $177 $143,120 $124,520 $18,600
2019 $197 $143,120 $124,520 $18,600
2018 $467 $181,960 $126,360 $55,600
2017 $497 $182,000 $126,400 $55,600
2016 $488 $181,960 $126,360 $55,600
2015 $494 $181,960 $126,360 $55,600
2014 $257 $264,620 $232,700 $31,920
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3556189

Canopy MLS (Canopy Realtor® Association)

APN: 08-078-012-A