2005 Formosa Dr Monroe, NC 28110
Estimated Value: $463,501 - $492,000
5
Beds
4
Baths
2,750
Sq Ft
$173/Sq Ft
Est. Value
About This Home
This home is located at 2005 Formosa Dr, Monroe, NC 28110 and is currently estimated at $475,625, approximately $172 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
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
$377,251
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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
| 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
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