NOT LISTED FOR SALE

1113 Presson Farms Ln Monroe, NC 28110

Estimated Value: $485,000 - $908,000

3 Beds
2 Baths
2,691 Sq Ft
$273/Sq Ft Est. Value

Last Sold August 07, 2018

Last sale price $495,000 $184 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $4,139/month

42 Days on Market

Highlights

  • Horse Facilities
  • Barn
  • Wooded Lot
  • Unionville Elementary School Rated A-
  • Private Lot
  • Wood Flooring

About This Home

As of August 2018

Beautiful Equestrian Estate within the neighborhood of Presson Farms! All Brick Custom Home sits on 13 acres at the end of a wonderfully maintained neighborhood. 4 stall horse barn 5th stall/ wash stall. 3 separate pastures including fenced area for smaller animals. Professionally built riding arena measuring 160 x 90 feet. Home includes 3 bedrooms 2 full baths, large bonus room, sunroom, dining room, and a master on the main level. Master has tray ceiling, whirlpool tub, walk in closets, dual vanities, and separate door to rear deck. Dining and living room have beautiful molding, custom built-in shelving and natural gas fireplace. Custom Kitchen cabinets, granite counters, tile backsplash, and breakfast area with bar. Attached 3 car garage. Do not forget the central vaccum system! County Water, Gas water heater installed in 2017. If you are looking for a private equestrian farm with a sense of community this is it!

Last Agent to Sell the Property

Michael Wilfong

Michael Ryan Realty Inc License #245831 Listed on: 05/22/2018

Last Buyer's Agent

Romei Smitherman

The Heirloom Group, Inc. License #265375

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2003

Lot Details

  • Home fronts a stream
  • Fenced For Cattle
  • Private Lot
  • Open Lot
  • Wooded Lot

HOA Fees

  • $5 Monthly HOA Fees

Parking

  • Gravel Driveway

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Tray Ceiling
  • Gas Log Fireplace
  • Crawl Space
  • Breakfast Bar

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Farming

  • Barn
  • Pasture

Utilities

  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 08-135-003-E

Community Details

Recreation

  • Horse Facilities

Home Details

Home Type

Single Family

Year Built

Built in 2003

Lot Details

0

HOA Fees

$5 per month

Parking

3

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.99000
  • Ratio Close Price By Original Li: 0.94286
  • Ratio Current Price By Acre: 37480.12
  • Ratio Current Price By Sq Ft: 183.95
  • Year Built: 2003
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space
  • Upper Level Sq Ft: 589
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Equipment: Cable Prewire, Ceiling Fan(s)
  • Fireplace Description: Gas Logs
  • Fireplace: Yes
  • Fixture Exception Description: Large Metal Sign on Barn
  • Fixture Exception Yn: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Breakfast Bar, Built-Ins, Cable Available, Split BR Plan, Tray Ceiling
  • Laundry Location: Main, Laundry Room
  • Room Count: 2
  • Sq Ft Additional: 792
  • Main Level Sq Ft: 2102
  • Total Sq Ft: 2691

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built
  • Exterior Features: Arena, Barn(s), Equestrian Facilities, Fenced, Fenced Pasture, Fenced Yard
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Gravel
  • Parking: Garage - 3 Car

Utilities

  • Heating: Central Air, Gas Hot Air Furnace
  • Sewer: Septic Tank
  • Water: City Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Fee: 60.00
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Voluntary

Lot Info

  • Lot Dimension: 13.207
  • Lot Features: Open Lot, Pasture, Private, Stream/Creek, Wooded
  • Parcel Number: 08-135-003-E
  • Plat Reference Section Pages: 67
  • Zoning Specification: AU4

Tax Info

  • Tax Value: 381800.00
  • Tax Location: Unionville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2018
Closed on
Aug 7, 2018
Sold by
Samo George A and Samo Michele
Bought by
Surovec David L and Bikulege Judith M
Seller's Agent
Michael Wilfong
Michael Ryan Realty Inc
Buyer's Agent
Romei Smitherman
The Heirloom Group, Inc.
List Price
$525,000
Sold Price
$495,000
Premium/Discount to List
-$30,000
-5.71%
Current Estimated Value
$735,066

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$240,066
Avg. Annual Appreciation
5.62%
Original Mortgage
$395,000
Outstanding Balance
$343,041
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$392,025

Purchase Details

Closed on
Aug 14, 2003
Sold by
Hesse Klaus and Hesse Doris
Bought by
Sarnos George A and Sarnos Michele

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
4.75%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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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
Surovec David L $495,000 None Available
Sarnos George A $89,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Surovec David L $395,000
Previous Owner Sarnos George A $255,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/07/2018 08/07/18 Sold $495,000 -1.0% $184 / Sq Ft
07/04/2018 07/04/18 Pending -- -- --
07/02/2018 07/02/18 Price Changed $500,000 -2.9% $186 / Sq Ft
06/19/2018 06/19/18 Price Changed $515,000 -1.9% $191 / Sq Ft
05/22/2018 05/22/18 For Sale $525,000 -- $195 / 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 $3,446 $510,000 $103,700 $406,300
2023 $3,414 $510,000 $103,700 $406,300
2022 $3,312 $510,000 $103,700 $406,300
2021 $3,415 $510,000 $103,700 $406,300
2020 $3,210 $381,770 $104,870 $276,900
2019 $2,997 $381,770 $104,870 $276,900
2018 $2,921 $381,770 $104,870 $276,900
2017 $3,112 $381,800 $104,900 $276,900
2016 $3,057 $381,770 $104,870 $276,900
2015 $3,095 $381,770 $104,870 $276,900
2014 $2,763 $403,490 $165,760 $237,730
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3390087

Canopy MLS (Canopy Realtor® Association)

APN: 08-135-003-E