NOT LISTED FOR SALE

2005 Formosa Dr Monroe, NC 28110

Estimated Value: $462,000 - $483,000

5 Beds
4 Baths
2,750 Sq Ft
$171/Sq Ft Est. Value

About This Home

This home is located at 2005 Formosa Dr, Monroe, NC 28110 and is currently estimated at $470,446, approximately $171 per square foot. 2005 Formosa Dr is a home located in Union County with nearby schools including Shiloh Valley Primary School, Shiloh Valley Elementary School, and Sun Valley Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 30, 2003
Sold by
Cambridge Homes Of North Carolina Lp
Bought by
Ratliff Tony M and Ratliff Felicia A
Current Estimated Value
$470,446

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,344
Outstanding Balance
$98,374
Interest Rate
5.79%
Mortgage Type
VA
Estimated Equity
$372,072
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Ratliff Tony M $224,500 --
Cambridge Homes Of North Carolina Lp -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ratliff Tony M $230,344
Source: Public Records

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 $3,030 $455,700 $0 $0
2024 $2,604 $304,900 $54,600 $250,300
2023 $2,569 $304,900 $54,600 $250,300
2022 $2,515 $304,900 $54,600 $250,300
2021 $2,512 $304,900 $54,600 $250,300
2020 $1,682 $214,500 $35,000 $179,500
2019 $2,118 $214,500 $35,000 $179,500
2018 $1,668 $214,500 $35,000 $179,500
2017 $2,225 $214,500 $35,000 $179,500
2016 $1,731 $214,500 $35,000 $179,500
2015 $1,752 $214,500 $35,000 $179,500
2014 $1,575 $227,070 $44,000 $183,070
Source: Public Records

Map

North Carolina Union County Monroe 28110

2005 Formosa Dr, Monroe, NC

Not Listed for Sale

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