NOT LISTED FOR SALE

1615 Ridge Rd Monroe, NC 28110

Estimated Value: $401,074 - $441,000

3 Beds
2.5 Baths
1,794 Sq Ft
$235/Sq Ft Est. Value

Last Sold May 06, 2022

Last sale price $429,000 $239 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $2,490/month

7 Days on Market

Highlights

  • Separate Outdoor Workshop
  • Detached Garage
  • Home Security System
  • Unionville Elementary School Rated A-
  • Patio
  • Laundry Room

About This Home

As of May 2022

Almost 4 acres with this immaculately kept home in one of the most desirable areas of Union County. Right around the corner from the Highway 74 by-pass, Piedmont school district, 3 bedrooms(according to septic permit) but 4th room upstairs that could be used as flex space, master bedroom on main with 2 showers and tub, large shop, tons of storage, convenient to everything Monroe has to offer and move in ready. You will not want to miss the opportunity to own this needle in a haystack. The windows were all replaced in 2019, the 30-year architectural shingles are less than 10 years old, and the 2 air conditioning units are not original. Home has been kept in pristine condition with only one family ever living in the home. Do not let this one get away, as it will go fast!!

Last Agent to Sell the Property

Ginger Givens

Southern Elite Realty, LLC License #297364 Listed on: 03/31/2022

Last Buyer's Agent

Eileen O'Neill

EXP Realty LLC Mooresville License #319700

EXP Realty LLC Mooresville

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,925

Year Built

  • Built in 2001

Lot Details

  • Fenced
  • Level Lot
  • Cleared Lot

Home Design

  • Vinyl Siding

Interior Spaces

  • Ceiling Fan
  • Laminate Flooring
  • Crawl Space
  • Pull Down Stairs to Attic
  • Home Security System
  • Laundry Room

Kitchen

  • <<OvenToken>>
  • Electric Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • Detached Garage
  • Driveway

Outdoor Features

  • Patio
  • Separate Outdoor Workshop
  • Shed
  • Outbuilding

Utilities

  • Forced Air Heating System
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 08-240-012-F

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,925

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2001
  • Ratio Current Price By Acre: 122711.67
  • Restrictions: No Restrictions
  • Road Surface Type: Gravel
  • Structure Type: Two Story
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: No
  • Flooring: Laminate
  • Interior Amenities: Attic Stairs Pulldown
  • Fixture Exception Yn: 0
  • Sq Ft Additional: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1063
  • 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: 71
  • Sq Ft Unheated Upper: 71
  • Sq Ft Upper: 731
  • Porch: Back,Covered,Front,Patio,Side
  • Appliances: Ceiling Fan(s), Electric Cooktop, Dishwasher, Oven, Refrigerator, Security System
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 1794
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Half Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Exterior Features: Fence, Outbuilding(s), Shed(s), Workshop
  • New Construction: No
  • Roof: Shingle
  • Construction Status: Complete
  • Tax Location: Union
  • Construction Type: Site Built
  • Construction Type: Vinyl Siding

Garage/Parking

  • Main Level Garage YN: 0
  • Sq Ft Garage: 727
  • Parking Features: Detached, Driveway

Utilities

  • Heating: Central, Forced Air
  • Sewer: Septic Installed
  • Water Heater: Electric
  • Laundry Features: Main Level
  • Water Source: County Water

Condo/Co-op/Association

  • Hoa Subject To Dues: No

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: None

Lot Info

  • Lot Features: Cleared, Level
  • Lot Size Area: 3.496
  • Lot Size Units: Acres
  • Parcel Number: 08-240-012-F
  • Zoning Description: res

Tax Info

  • RATIO List Price By Tax Amount: 1.49140

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2022
Closed on
May 6, 2022
Sold by
Lane Price Michael and Lane Elizabeth Amy
Bought by
Tanck Eric and Tanck Daveisha M
Seller's Agent
Ginger Givens
Southern Elite Realty, LLC
Buyer's Agent
Eileen O'Neill
EXP Realty LLC Mooresville
List Price
$424,900
Sold Price
$429,000
Premium/Discount to List
$4,100
0.96%
Current Estimated Value
$421,769

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,231
Avg. Annual Appreciation
-0.53%
Original Mortgage
$421,229
Outstanding Balance
$400,246
Interest Rate
4.42%
Mortgage Type
FHA
Estimated Equity
$21,523
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
Tanck Eric $858 Tryon Title
Tanck Eric $858 Tryon Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tanck Eric $421,229
Closed Tanck Eric $421,229
Previous Owner Price Michael Lane $131,000
Previous Owner Price Michael Lane $150,000
Previous Owner Price Michael Lane $150,450
Previous Owner Price Michael Lane $20,000
Previous Owner Price Michael L $121,500
Previous Owner Price Michael Lane $92,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2022 05/06/22 Sold $429,000 +1.0% $239 / Sq Ft
04/07/2022 04/07/22 Pending -- -- --
03/31/2022 03/31/22 For Sale $424,900 -- $237 / 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 $1,925 $284,900 $36,500 $248,400
2023 $1,907 $284,900 $36,500 $248,400
2022 $1,850 $284,900 $36,500 $248,400
2021 $1,908 $284,900 $36,500 $248,400
2020 $1,515 $195,200 $25,500 $169,700
2019 $1,566 $195,200 $25,500 $169,700
2018 $1,527 $195,200 $25,500 $169,700
2017 $1,625 $195,200 $25,500 $169,700
2016 $1,596 $195,200 $25,500 $169,700
2015 $1,616 $195,200 $25,500 $169,700
2014 $1,227 $175,200 $30,000 $145,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3844914

Canopy MLS (Canopy Realtor® Association)

APN: 08-240-012-F