NOT LISTED FOR SALE

1506 Pamela Dr Monroe, NC 28112

Estimated Value: $492,000 - $599,000

3 Beds
3.5 Baths
4,620 Sq Ft
$119/Sq Ft Est. Value

Last Sold June 22, 2020

Last sale price $346,500 $75 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $3,222/month

39 Days on Market

Highlights

  • Ranch Style House
  • Vinyl Plank Flooring
  • Wood Burning Fireplace
  • Rock Rest Elementary School Rated A-

About This Home

As of June 2020

Beautiful 3 Bedroom, 3.5 Bathroom Ranch with Finished Basement and new Roof in 2019! You will be totally amazed at the new upgrades found in this home just over 4600 sqft of heated living area. Great open floor plan with great flow throughout. Updated Kitchen with new cabinets, tile backsplash, granite counter tops and a large island/bar. Vinyl plank flooring throughout the home. Large Master Suite complete with free standing tub and massive shower with ceramic tile, glass surround and dual vanities. Fully finished basement with tons of versatile space plus a 1 car garage and entry from both inside and outside of the home. Wood burning fireplaces on both the main and basement levels! Outside of home features a large rocking chair front porch, and on the back if the home is a large screened in patio! Sellers have a termite bond in place and it is transferable

Last Agent to Sell the Property

Nicole McAlister

Keller Williams Ballantyne Area License #89383 Listed on: 04/07/2020

Keller Williams Ballantyne Area

Last Buyer's Agent

Kayla Witherspoon

Property Maven Inc License #294978

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1975

Lot Details

  • 1.24

Parking

  • 1

Home Design

  • Ranch Style House

Interior Spaces

  • Wood Burning Fireplace
  • Vinyl Plank Flooring
  • Crawl Space

Listing and Financial Details

  • Assessor Parcel Number 09-159-076

Home Details

Home Type

Single Family

Year Built

Built in 1975

Lot Details

0

Parking

1

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story Basement
  • Architectural Style: Ranch
  • Ratio Close Price By List Price: 0.99028
  • Ratio Close Price By Original Li: 0.94932
  • Ratio Current Price By Acre: 279435.48
  • Ratio Current Price By Sq Ft: 75.00
  • Year Built: 1975
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement Fully Finished, Basement Garage Door, Basement Inside Entrance, Basement Outside Entrance, Crawl Space
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Total Bedrooms: 3
  • Equipment: Cable Prewire, Ceiling Fan(s), Dishwasher, Electric Dryer Hookup, Electric Oven, Electric Range, Ice Maker Connection, Microwave
  • Fireplace Description: FAMILYRM, Rec Room, Wood Burning, Woodstove
  • Fireplace: Yes
  • Flooring: Vinyl Plank
  • Laundry Location: Main, Laundry Room
  • Room Count: 2
  • Sq Ft Additional: 649
  • Sq Ft Basement: 1797
  • Main Level Sq Ft: 2823
  • Total Sq Ft: 4620
  • Sq Ft Unheated Main: 325
  • Sq Ft Unheated Total: 325

Exterior Features

  • Construction: Wood
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Concrete
  • Parking: Carport - 2 Car, Driveway, Garage - 1 Car, Side Load Garage

Utilities

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

Lot Info

  • Parcel Number: 09-159-076
  • Plat Reference Section Pages: 798
  • Zoning Specification: RES

Tax Info

  • Tax Value: 209600.00
  • Tax Location: Monroe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2020
Closed on
Jun 22, 2020
Sold by
Melton Arthur C and Melton Erin
Bought by
Nixon James T and Nixon Bernetha W
Seller's Agent
Nicole McAlister
Keller Williams Ballantyne Area
Buyer's Agent
Kayla Witherspoon
Property Maven Inc
List Price
$365,000
Sold Price
$346,500
Premium/Discount to List
-$18,500
-5.07%
Current Estimated Value
$546,272

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$199,772
Avg. Annual Appreciation
8.59%
Original Mortgage
$337,564
Outstanding Balance
$297,899
Interest Rate
3.2%
Mortgage Type
FHA
Estimated Equity
$250,346

Purchase Details

Closed on
Mar 19, 2019
Sold by
Keziah Carolyn W and Keziah Barrett Michael
Bought by
Melton Arthur C and Melton Erin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,240
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 10, 2018
Sold by
Keziah Carolyn W
Bought by
Keziah Carolyn W and Keziah Barrett Michael
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Nixon James T $346,500 Carolina Title Company Inc
Melton Arthur C $143,000 None Available
Keziah Carolyn W -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nixon James T $337,564
Previous Owner Melton Arthur C $114,240
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/22/2020 06/22/20 Sold $346,500 -1.0% $75 / Sq Ft
05/16/2020 05/16/20 Pending -- -- --
05/08/2020 05/08/20 Price Changed $349,900 +0.3% $76 / Sq Ft
05/08/2020 05/08/20 Price Changed $349,000 -4.4% $76 / Sq Ft
04/07/2020 04/07/20 For Sale $365,000 -- $79 / 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
2025 $4,390 $502,200 $0 $0
2024 $4,418 $405,100 $32,500 $372,600
2023 $4,418 $405,100 $32,500 $372,600
2022 $4,418 $405,100 $32,500 $372,600
2021 $4,418 $405,100 $32,500 $372,600
2020 $2,824 $209,570 $30,570 $179,000
2019 $2,824 $209,570 $30,570 $179,000
2018 $1,276 $207,060 $28,060 $179,000
2017 $2,832 $207,100 $28,100 $179,000
2016 $2,802 $207,060 $28,060 $179,000
2015 $1,608 $207,060 $28,060 $179,000
2014 $3,101 $254,200 $30,430 $223,770
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3610217

Canopy MLS (Canopy Realtor® Association)

APN: 09-159-076