NOT LISTED FOR SALE

1201 Memory Ln Monroe, NC 28112

Estimated Value: $290,000 - $342,000

3 Beds
2 Baths
1,830 Sq Ft
$174/Sq Ft Est. Value

Last Sold November 02, 2020

Last sale price $203,250 $111 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $1,848/month

3 Days on Market

Highlights

  • Wooded Lot
  • Wood Flooring
  • Shed
  • Ranch Style House
  • Storage Room
  • Kitchen Island

About This Home

As of November 2020

Here it is! The affordable all-brick home with great potential and a great backyard! $3500 allowance to do as you see fit! Use your vision: Choose your own interior or exterior colors! This home has a nice layout, large rooms, new windows, new roof, new fixtures, a solid furnace and AC, old wood floors in the bedrooms and entry . All sitting on a .37 acre lot in a popular location. Not a cookie-cutter home. You can build-in $30-$40k of equity. Make it yours! (The last few photos are to spark ideas.)

Last Agent to Sell the Property

Stephen Scott

Realty Dynamics Inc. License #260817 Listed on: 09/18/2020

Last Buyer's Agent

Todd Beddard

Real Broker, LLC License #237536

Real Broker, LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1963

Lot Details

  • 0.37

Home Design

  • Ranch Style House

Interior Spaces

  • 2 Full Bathrooms
  • Wood Burning Fireplace
  • Insulated Windows
  • Storage Room
  • Crawl Space

Kitchen

  • Oven
  • Kitchen Island

Flooring

  • Wood
  • Vinyl Plank

Outdoor Features

  • Fire Pit
  • Shed

Additional Features

  • Wooded Lot
  • Cable TV Available

Community Details

  • Trails

Listing and Financial Details

  • Assessor Parcel Number 09-279-011

Home Details

Home Type

Single Family

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Ranch
  • Ratio Close Price By List Price: 1.01676
  • Ratio Close Price By Original Li: 1.01676
  • Ratio Current Price By Acre: 549324.32
  • Ratio Current Price By Sq Ft: 111.07
  • Year Built: 1963
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Doors and Windows: g-Insulated Door(s), Insulated Windows
  • Equipment: Cable Prewire, Ceiling Fan(s), CO Detector, Dishwasher, Disposal, Dryer, Electric Oven, Electric Range, Exhaust Fan, Oven, Refrigerator, Washer
  • Fireplace Description: Living Room, Wood Burning
  • Fireplace: Yes
  • Flooring: Vinyl Plank, Wood
  • Interior Amenities: Cable Available, Kitchen Island
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 1830
  • Total Sq Ft: 1830

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard, Fire pit, Shed(s), Storage Unit

Garage/Parking

  • Driveway: Concrete
  • Parking: Carport - 2 Car, Driveway

Utilities

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

Condo/Co-op/Association

  • Community Features: Walking Trails

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Lot Dimension: 100X165
  • Lot Features: Wooded
  • Lot Size Area: 0.370
  • Parcel Number: 09-279-011
  • Zoning Specification: SFR

Tax Info

  • Tax Value: 99800.00
  • Tax Location: Monroe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2020
Closed on
Nov 4, 2020
Sold by
Rivera Sabrina and Morris Michael Leon
Bought by
Rivera Sabrina and Morris Michael Leon
Seller's Agent
Stephen Scott
Realty Dynamics Inc.
Buyer's Agent
Todd Beddard
Real Broker, LLC
List Price
$199,900
Sold Price
$203,250
Premium/Discount to List
$3,350
1.68%
Current Estimated Value
$318,105

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,855
Avg. Annual Appreciation
9.49%

Purchase Details

Closed on
Aug 20, 2020
Sold by
Blumare Llc
Bought by
Rivera Sabrina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,568
Interest Rate
2.8%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 2, 2020
Sold by
Harris Billy R
Bought by
Blumare Properties

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
3.4%
Mortgage Type
Unknown

Purchase Details

Listed on
Nov 1, 2017
Closed on
Dec 15, 2017
Sold by
Cudmore Michael A and Cudmore Shannon M
Bought by
Harris Billy R
Seller's Agent
Ken Vining
EXP Realty LLC Rock Hill
Buyer's Agent
Chip Lingle
EXP Realty LLC
List Price
$165,000
Sold Price
$161,500
Premium/Discount to List
-$3,500
-2.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.06%
Original Mortgage
$158,574
Interest Rate
4.62%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 20, 2014
Sold by
See Shannon Marie and Cudmore Michael A
Bought by
Cudmore Michael A and Cudmore Shannon M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,008
Interest Rate
4.28%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 20, 2008
Sold by
Hughes David A and See Shannon Marie
Bought by
See Shannon Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,585
Interest Rate
6.61%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 26, 2006
Sold by
Weaver Rick L and Weaver Connie L
Bought by
Hughes David A and See Shannon Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,120
Interest Rate
7.9%
Mortgage Type
Balloon

Purchase Details

Closed on
May 16, 2002
Sold by
Horton Patricia A and Horton Phillip Gary
Bought by
Weaver Rick L and Weaver Connie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
7%
Mortgage Type
Construction

Purchase Details

Closed on
May 20, 1998
Sold by
Horton Patricia A
Bought by
Horton Patricia A and Horton Phillip Gary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
7.03%

Purchase Details

Closed on
May 5, 1998
Sold by
Chaney Marie M S and Chaney Ray G
Bought by
Horton Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
7.03%
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
Rivera Sabrina -- None Available
Rivera Sabrina $203,500 None Available
Blumare Properties $123,690 None Available
Harris Billy R $161,500 None Available
Cudmore Michael A -- None Available
See Shannon Marie -- None Available
Hughes David A $134,000 None Available
Weaver Rick L $94,500 --
Horton Patricia A -- --
Horton Patricia A $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rivera Sabrina $199,568
Previous Owner Blumare Properties $115,000
Previous Owner Harris Billy R $158,574
Previous Owner Cudmore Michael A $130,008
Previous Owner See Shannon Marie $141,585
Previous Owner Hughes David A $107,120
Previous Owner Weaver Rick L $115,000
Previous Owner Horton Patricia A $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/02/2020 11/02/20 Sold $203,250 +1.7% $111 / Sq Ft
09/21/2020 09/21/20 Pending -- -- --
09/18/2020 09/18/20 For Sale $199,900 +23.8% $109 / Sq Ft
12/18/2017 12/18/17 Sold $161,500 -2.1% $88 / Sq Ft View Prior Sale
11/15/2017 11/15/17 Pending -- -- --
11/01/2017 11/01/17 For Sale $165,000 -- $90 / 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 $1,940 $177,900 $13,300 $164,600
2023 $1,940 $177,900 $13,300 $164,600
2022 $1,940 $177,900 $13,300 $164,600
2021 $1,940 $177,900 $13,300 $164,600
2020 $1,345 $99,840 $15,440 $84,400
2019 $1,345 $99,840 $15,440 $84,400
2018 $615 $99,840 $15,440 $84,400
2017 $1,365 $99,800 $15,400 $84,400
2016 $1,350 $99,840 $15,440 $84,400
2015 $775 $99,840 $15,440 $84,400
2014 $1,423 $116,650 $19,210 $97,440
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3663933

Canopy MLS (Canopy Realtor® Association)

APN: 09-279-011