NOT LISTED FOR SALE

1022 Torrens Dr Monroe, NC 28110

Estimated Value: $840,000 - $852,000

5 Beds
4.5 Baths
3,728 Sq Ft
$227/Sq Ft Est. Value

Last Sold May 12, 2025

Last sale price $840,000 $225 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $4,857/month

3 Days on Market

Highlights

  • Transitional Architecture
  • Fireplace
  • 3 Car Attached Garage
  • Wesley Chapel Elementary School Rated A
  • Front Porch
  • Patio

About This Home

As of May 2025

A great find in the Adelaide Estates Subdivision, a Bonterra built community. Located in a Weddington top-rated school district, this the perfect place to call home. Freshly painted and waiting for you to make it your own. Enjoy a guest suite with full bath on the main floor, office space with french doors, living area with coffered ceilings + gas fireplace, an open floor plan with eat-in kitchen, gas cooktop, wall oven, and plenty of entertaining space. 4 bedrooms, 3 full bathrooms, and large additional bonus room upstairs with 3700+ sqft overall. This beautiful home sits on an oversized .58 acre lot with a pergola, offering plenty of space to enjoy the outdoors. The space feels grand with ten-foot ceilings on the first floor, nine-foot ceilings on the second floor and over 600 square feet of garage space in the three-car attached garages.

Last Agent to Sell the Property

Lizz Baxter

COMPASS Brokerage Email: lizz.baxter@compass.com License #295167 Listed on: 03/21/2025

COMPASS

Last Buyer's Agent

Young Choi

Keller Williams Ballantyne Area License #133991

Keller Williams Ballantyne Area

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,566

Year Built

  • Built in 2016

Lot Details

  • Back Yard Fenced
  • Level Lot
  • Cleared Lot
  • Property is zoned AJ0

HOA Fees

  • $58 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Transitional Architecture
  • Slab Foundation
  • Stone Veneer
  • Hardboard

Interior Spaces

  • 2-Story Property
  • Fireplace
  • Laminate Flooring
  • Crawl Space

Kitchen

  • Gas Cooktop
  • Disposal

Bedrooms and Bathrooms

Outdoor Features

  • Patio
  • Front Porch

Schools

  • Wesley Chapel Elementary School
  • Weddington Middle School
  • Weddington High School

Utilities

  • Central Heating and Cooling System

Community Details

  • Cedar Management Company Association
  • Built by Bonterra
  • Adelaide Estates Subdivision, Greystone II Floorplan
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 06006214

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,566

Year Built

Built in 2016

Lot Details

0

HOA Fees

$58 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Transitional
  • Year Built: 2016
  • Restrictions: Architectural Review
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Concrete
  • Unit Levels: Two
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 225.32
  • Geocode Confidence: High
  • Attribution Contact: lizz.baxter@compass.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space, Slab
  • Fireplace: Yes
  • Flooring: Carpet, Laminate
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1704
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 2024
  • Appliances: Disposal, Gas Cooktop
  • Above Grade Finished Sq Ft: 3728
  • Basement YN: No
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Gas Log
  • Living Area: 3728
  • Bedroom Main: 1
  • Room Count: 4

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Fencing: Back Yard, Fenced
  • Construction Type: Hardboard Siding, Stone Veneer
  • Patio And Porch Features: Front Porch, Patio

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 676
  • Carport Y N: No
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage

Utilities

  • Heating: Central
  • Sewer: Public Sewer
  • Laundry Features: Laundry Room
  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Water Source: City

Condo/Co-op/Association

  • Association Fee: 700
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: Cedar Management Company
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • Association Annual Expense: 700.00

Schools

  • Middle Or Junior School: Weddington
  • HOA Subject To: Required

Lot Info

  • Lot Features: Cleared, Level
  • Lot Size Area: 0.58
  • Lot Size Units: Acres
  • Parcel Number: 06006214
  • Zoning: AJ0
  • Land Included Yn: 1
  • Development Status: Completed
  • ResoLotSizeUnits: Acres
  • Zoning Specification: AJ0

Green Features

  • Green Verification Count: 0

Building Info

  • Builder Name: Bonterra

MLS Schools

  • Elementary School: Wesley Chapel
  • High School: Weddington

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2025
Closed on
May 12, 2025
Sold by
Wray Jarin Marcus and Wray Wendi Carina
Bought by
Kim Moonseok and Han Hyewon
Seller's Agent
Lizz Baxter
COMPASS
Buyer's Agent
Young Choi
Keller Williams Ballantyne Area
List Price
$850,000
Sold Price
$840,000
Premium/Discount to List
-$10,000
-1.18%
Views
33
Current Estimated Value
$844,941

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,941
Avg. Annual Appreciation
1.69%
Original Mortgage
$756,000
Outstanding Balance
$753,998
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$90,943

Purchase Details

Closed on
Oct 3, 2019
Sold by
Gulka Edward Michael and Lynch Kerrie Ann
Bought by
Wray Jarin Marcus and Wray Wendi Carina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$507,000
Interest Rate
3.6%
Mortgage Type
VA

Purchase Details

Closed on
Jun 28, 2017
Sold by
Bonterrra Builders Llc
Bought by
Gulka Edward Michael and Lynch Kerrie Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$386,656
Interest Rate
4.02%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Kim Moonseok -- None Listed On Document
Kim Moonseok -- None Listed On Document
Wray Jarin Marcus $515,000 None Available
Gulka Edward Michael $420,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kim Moonseok $756,000
Closed Kim Moonseok $756,000
Previous Owner Wray Jarin Marcus $612,000
Previous Owner Wray Jarin Marcus $507,000
Previous Owner Gulka Edward Michael $386,656
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2025 05/12/25 Sold $840,000 -1.2% $225 / Sq Ft
03/24/2025 03/24/25 Pending -- -- --
03/21/2025 03/21/25 For Sale $850,000 +65.0% $228 / Sq Ft
12/20/2019 12/20/19 Sold $515,000 +1.0% $141 / Sq Ft
11/13/2019 11/13/19 Pending -- -- --
10/28/2019 10/28/19 Price Changed $510,000 -1.9% $139 / Sq Ft
10/04/2019 10/04/19 For Sale $520,000 -- $142 / Sq Ft
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 $3,566 $553,500 $99,000 $454,500
2023 $3,534 $553,500 $99,000 $454,500
2022 $3,534 $553,500 $99,000 $454,500
2021 $3,526 $553,500 $99,000 $454,500
2020 $2,834 $360,300 $64,000 $296,300
2019 $2,761 $360,300 $64,000 $296,300
2018 $2,761 $360,300 $64,000 $296,300
2017 $2,920 $360,300 $64,000 $296,300
2016 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4233725

Canopy MLS (Canopy Realtor® Association)

APN: 06-006-214