NOT LISTED FOR SALE

1335 N Terrace Ln Monroe, NC 28110

Estimated Value: $848,322 - $937,000

5 Beds
4.5 Baths
4,140 Sq Ft
$215/Sq Ft Est. Value

Last Sold May 26, 2020

Last sale price $555,000 $134 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $4,995/month

27 Days on Market

Highlights

  • Open Floorplan
  • Colonial Architecture
  • Wooded Lot
  • Wesley Chapel Elementary School Rated A
  • Pond
  • Engineered Wood Flooring

About This Home

As of May 2020

Better than new Tremont B model by Bonterra Builders. The home offers 5 spacious bedrooms that includes an in-law suite with sitting area, walk in closet, full bath with walk in shower on the first floor. The Gourmet kitchen includes upgraded cabinetry, range hood, beautiful backsplash tile and a 5-burner gas cook-top and a large center island that includes a farmhouse sink. Also, on the first floor is a sunroom, large family room with stone fireplace, butler’s pantry and office complete with French doors. Upstairs you’ll find a large owner’s suite with a tray ceiling, crown molding, large walk in closet, separate vanities, soaking tub and tiled shower. There are 3 secondary bedrooms, 2 full baths and a Bonus room that complete the second floor. An extended rear patio overlooking a professionally landscaped backyard perfect for entertaining. The location brings this home to the top of your list- Weddington Schools, minutes to shops, gyms and entertaining in Waverly or downtown Waxhaw.

Last Agent to Sell the Property

Donny Ellis

Sun Valley Realty Brokerage Email: DonnyEllis.sunvalleyrealty@gmail.com License #286145 Listed on: 03/22/2020

Last Buyer's Agent

April Wentz

COMPASS License #283544

COMPASS

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2018

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 100x200x100x200
  • Irrigation
  • Wooded Lot
  • Property is zoned AJ0

HOA Fees

  • $54 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Garage Door Opener
  • 4 Open Parking Spaces

Home Design

  • Colonial Architecture
  • Slab Foundation
  • Stone Veneer

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Tray Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Insulated Windows
  • Family Room with Fireplace
  • Pull Down Stairs to Attic

Kitchen

  • Built-In Oven
  • Electric Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • ENERGY STAR Qualified Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Engineered Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • Garden Bath

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Eco-Friendly Details

  • Fresh Air Ventilation System

Outdoor Features

  • Pond
  • Patio
  • Front Porch

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

  • Cedar Management Group Association, Phone Number (980) 256-1005
  • Built by Bonterra Builders
  • Adelaide Estates Subdivision, The Tremont Floorplan
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 06006279

Home Details

Home Type

Single Family

Year Built

Built in 2018

Lot Details

0.46 Acres

HOA Fees

$54 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Colonial
  • Year Built: 2018
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Concrete, Paved
  • Unit Levels: Two
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 134.06
  • Attribution Contact: DonnyEllis.sunvalleyrealty@gmail.com
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood, Tile
  • Interior Amenities: Attic Stairs Pulldown, Garden Tub, Kitchen Island, Open Floorplan, Pantry, Tray Ceiling(s), Walk-In Closet(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 2034
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 2106
  • Appliances: Dishwasher, Disposal, Electric Oven, Electric Water Heater, ENERGY STAR Qualified Dishwasher, Exhaust Hood, Gas Cooktop, Microwave, Wall Oven
  • Above Grade Finished Sq Ft: 4140
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Family Room, Gas Log, Gas Vented
  • Living Area: 4140
  • Window Features: Insulated Window(s)
  • Bedroom Main: 1

Exterior Features

  • Exterior Features: In-Ground Irrigation
  • New Construction: No
  • Roof: Shingle, Wood
  • Construction Type: Site Built
  • Construction Type: Fiber Cement, Stone Veneer
  • Patio And Porch Features: Front Porch, Patio

Garage/Parking

  • Main Level Garage YN: 1
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Parking Features: Garage, Garage Door Opener, Garage Faces Side, Parking Space(s)

Utilities

  • Heating: Central, ENERGY STAR Qualified Equipment, Forced Air, Fresh Air Ventilation, Heat Pump, Natural Gas, Zoned
  • Sewer: County Sewer
  • Laundry Features: Electric Dryer Hookup, Main Level
  • Cooling: Ceiling Fan(s), Heat Pump, Zoned
  • Water Source: County Water

Condo/Co-op/Association

  • Community Features: Pond, Sidewalks, Street Lights
  • Association Fee: 650
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Association Name: Cedar Management Group
  • Phone: 980-256-1005
  • Association: Yes
  • ResoAssociationFeeFrequency: Annually
  • Association Email: www.mycmg.com

Schools

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

Lot Info

  • Lot Features: Wooded
  • Lot Size Units: Acres
  • Parcel Number: 06006279
  • Zoning: AJ0
  • Plat Reference Section Pages: 89
  • Development Status: Completed
  • Lot Size Acres: 0.46
  • Lot Size: 100X200X100X200
  • Lot Size Sq Ft: 20037
  • ResoLotSizeUnits: Acres
  • Zoning Specification: Res

Green Features

  • Green Sustainability: Engineered Wood Products

Building Info

  • Builder Name: Bonterra Builders

MLS Schools

  • Elementary School: Wesley Chapel
  • High School: Weddington

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2020
Closed on
May 26, 2020
Sold by
Loney Carl Gein and Loney Sharon Ann
Bought by
Babcock William and Babcock Teresa
Seller's Agent
Donny Ellis
Sun Valley Realty
Buyer's Agent
April Wentz
COMPASS
List Price
$559,000
Sold Price
$555,000
Premium/Discount to List
-$4,000
-0.72%
Current Estimated Value
$890,831

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$335,831
Avg. Annual Appreciation
8.62%

Purchase Details

Listed on
Oct 29, 2017
Closed on
Apr 23, 2018
Sold by
Bonterra Builders Llc
Bought by
Loney Carl Gein and Loney Sharon Ann
Seller's Agent
Bobbi Sharpe
Southeastern Premier Properties LLC
Buyer's Agent
Sherry Strohl
Lionheart Real Estate LLC
List Price
$493,401
Sold Price
$493,401

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.79%
Original Mortgage
$142,000
Interest Rate
4.46%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Babcock William $555,000 None Available
Loney Carl Gein $493,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Loney Carl Gein $142,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/26/2020 05/26/20 Sold $555,000 -0.7% $134 / Sq Ft
04/18/2020 04/18/20 Pending -- -- --
03/22/2020 03/22/20 For Sale $559,000 +13.3% $135 / Sq Ft
06/07/2018 06/07/18 For Sale $493,401 0.0% $120 / Sq Ft
04/23/2018 04/23/18 Sold $493,401 -- $120 / Sq Ft View Prior Sale
10/29/2017 10/29/17 Pending -- -- --
Source: Canopy MLS (Canopy Realtor® Association)

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
2025 $4,226 $867,600 $0 $0
2024 $3,859 $598,900 $99,000 $499,900
2023 $3,823 $598,900 $99,000 $499,900
2022 $3,823 $598,900 $99,000 $499,900
2021 $3,815 $598,900 $99,000 $499,900
2020 $2,969 $387,500 $64,000 $323,500
2019 $2,969 $387,500 $64,000 $323,500
2018 $490 $64,000 $64,000 $0
2017 $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: 3605696

Canopy MLS (Canopy Realtor® Association)

APN: 06-006-279

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