NOT LISTED FOR SALE

1321 E Monbo Rd Statesville, NC 28677

Estimated Value: $885,000 - $967,023

5 Beds
3.5 Baths
4,293 Sq Ft
$215/Sq Ft Est. Value

Last Sold June 24, 2019

Last sale price $600,000 $140 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $5,318/month

19 Days on Market

Highlights

  • Community Lake
  • Wood Flooring
  • Attached Garage
  • Outdoor Fireplace
  • Attic
  • Tray Ceiling

About This Home

As of June 2019

You won't want to miss this amazing 5 Bedroom home with DEEDED BOATSLIP on a serene part of Lake Norman! Luxuries galore with custom moldings, granite, coffered and tray ceilings, tile features, built-ins and more! Oversized Great Room with gas log fireplace, Office, gourmet Kitchen with stainless appliances, eating bar and Pantry, Formal Dining and Living Rooms and Breakfast. Laundry Room has lots of cabinet storage with sink. 2 Bedrooms on main also share Jack & Jill Bath. Master Suite on main with double tray ceiling, granite, whirlpool and two custom walk-in closets. Upper level has wrought iron ballasters, Bedrooms, Full Bath and an extra large Bonus and Rec Room area that is perfect for second Office, Media, Exercise or Play Room. Screened Porch with Trex decking, Flagstone Patio with Fireplace, Full Irrigation, Lush landscaping and Boatslip with a 7,000 lb lift. Storage galore under porch, in the walk-in attic and in the HUGE 3-Car Garage which also has sink and epoxy floor.

Last Agent to Sell the Property

Debbie Monroe

Lake Norman Realty, Inc. License #106258 Listed on: 05/01/2019

Lake Norman Realty, Inc.

Last Buyer's Agent

Mary Palmes

Howard Hanna Allen Tate Statesville License #235549

Howard Hanna Allen Tate Statesville

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2007

Lot Details

  • 0.57

HOA Fees

  • $58 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Brick Exterior Construction
  • Stone Siding

Interior Spaces

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

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • Garden Bath

Outdoor Features

  • Outdoor Fireplace

Community Details

  • The Highlands HOA
  • Community Lake

Listing and Financial Details

  • Assessor Parcel Number 4710-74-5898.000

Home Details

Home Type

Single Family

Year Built

Built in 2007

Lot Details

0

HOA Fees

$58 per month

Parking

3

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.94488
  • Ratio Close Price By Original Li: 0.94488
  • Ratio Current Price By Acre: 1052631.58
  • Ratio Current Price By Sq Ft: 139.76
  • Year Built: 2007
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space
  • Upper Level Sq Ft: 1287
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Total Bedrooms: 5
  • Equipment: Ceiling Fan(s), Central Vacuum, Convection Oven, Cooktop Gas, Dishwasher, Double Oven, Electric Dryer Hookup, Ice Maker Connection, Propane, Security System, Surround Sound, Wall Oven
  • Fireplace Description: Gas Logs, Great Room, Living Room
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Attic Walk-in, Breakfast Bar, Built-Ins, Garden Tub, Pantry, Tray Ceiling, Walk-In Closet(s)
  • Laundry Location: Main, Laundry Room
  • Room Count: 2
  • Main Level Sq Ft: 3006
  • Total Sq Ft: 4293

Exterior Features

  • Construction: Brick Full, Stone
  • Construction Type: Site Built
  • Exterior Features: Outdoor Fireplace

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Driveway, Garage - 3 Car, Garage Door Opener, Side Load Garage

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: Community Sewer
  • Water: Community Well
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Lake
  • Association Fee: 690.00
  • Association Fee Frequency: Annually
  • HOA Management Company: The Highlands HOA
  • Hoa Subject To Dues: Mandatory

Lot Info

  • Parcel Number: 4710-74-5898.000
  • Zoning Specification: R20

Tax Info

  • Tax Value: 484210.00
  • Tax Location: Iredell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2019
Closed on
Jun 20, 2019
Sold by
Hahn Mark Edward and Hahn Cynthia Ann
Bought by
Highley Jonathan T and Highley Haley M
Seller's Agent
Debbie Monroe
Lake Norman Realty, Inc.
Buyer's Agent
Mary Palmes
Howard Hanna Allen Tate Statesville
List Price
$635,000
Sold Price
$600,000
Premium/Discount to List
-$35,000
-5.51%
Current Estimated Value
$921,256

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$321,256
Avg. Annual Appreciation
6.99%
Original Mortgage
$578,550
Outstanding Balance
$508,687
Interest Rate
4.1%
Mortgage Type
VA
Estimated Equity
$412,569

Purchase Details

Closed on
May 26, 2016
Sold by
Sigmon Larry G and Sigmon Nancy K
Bought by
Hahn Mark Edward and Hahn Cynthia Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$383,920
Interest Rate
3.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 12, 2010
Sold by
National Residential Nominee Services In
Bought by
Sigmon Larry G and Sigmon Nancy K

Purchase Details

Closed on
May 12, 2008
Sold by
Gosselin Mark C and Gosslein Susan A
Bought by
National Residential Nominee Services In

Purchase Details

Closed on
Sep 13, 2006
Sold by
Burris Development Llc
Bought by
Gosselin Mark C and Gosselin Susan A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,994
Interest Rate
6.58%
Mortgage Type
Purchase Money Mortgage
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
Highley Jonathan T $600,000 Master Title Agency
Hahn Mark Edward $480,000 None Available
Sigmon Larry G $330,000 None Available
National Residential Nominee Services In $680,000 None Available
Gosselin Mark C $89,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Highley Jonathan T $578,550
Previous Owner Hahn Mark Edward $383,920
Previous Owner Gosselin Mark C $82,994
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/24/2019 06/24/19 Sold $600,000 -5.5% $140 / Sq Ft
05/20/2019 05/20/19 Pending -- -- --
05/01/2019 05/01/19 For Sale $635,000 -- $148 / 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 $4,854 $798,950 $65,000 $733,950
2023 $4,854 $798,950 $65,000 $733,950
2022 $3,662 $564,950 $50,000 $514,950
2021 $3,601 $564,950 $50,000 $514,950
2020 $3,601 $564,950 $50,000 $514,950
2019 $3,280 $535,120 $50,000 $485,120
2018 $2,945 $484,210 $40,000 $444,210
2017 $2,945 $484,210 $40,000 $444,210
2016 $2,945 $484,210 $40,000 $444,210
2015 $2,945 $484,210 $40,000 $444,210
2014 $2,837 $506,390 $40,000 $466,390
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3502510

Canopy MLS (Canopy Realtor® Association)

APN: 4710-74-5898.000