NOT LISTED FOR SALE

2007 Gibbs Farm Dr Monroe, NC 28110

Monroe Area

Estimated Value: $637,000 - $671,000

2 Beds
2 Baths
2,035 Sq Ft
$322/Sq Ft Est. Value

Sale Details

Date Sold: September 9, 2022

Last sale price $582,940 $286 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $4,086 / mo

3 Days on Market

Highlights

  • New Construction
  • Laundry Room
  • Central Heating
  • Wesley Chapel Elementary School Rated A

About This Home

As of September 2022

This home is located at 2007 Gibbs Farm Dr, Monroe, NC 28110 since 06 September 2022 and is currently estimated at $655,620, approximately $322 per square foot. This property was built in 2022. 2007 Gibbs Farm Dr is a home located in Union County with nearby schools including Wesley Chapel Elementary School, Weddington Middle School, and Weddington High School.

Last Agent to Sell the Property

Mike McLendon

McLendon Real Estate Partners LLC License #60747 Listed on: 09/06/2022

Last Buyer's Agent

Mike McLendon

McLendon Real Estate Partners LLC License #60747 Listed on: 09/06/2022

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Details

Home Type

  • Single Family

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 7,841

HOA Fees

  • $249 Monthly HOA Fees

Parking

  • Driveway

Home Design

  • Slab Foundation
  • Stone Siding

Kitchen

  • Built-In Oven
  • Gas Cooktop
  • Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level

Utilities

  • Central Heating
  • Gas Water Heater

Community Details

  • Cresswind Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 06027256

Home Details

Home Type

Single Family

Year Built

Built in 2022 | New Construction

Lot Details

7,841 Sq Ft Lot

HOA Fees

$249 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2022
  • Ratio Current Price By Acre: 3134086.02
  • Road Surface Type: Concrete
  • Structure Type: Two Story
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 286.46
  • Special Features: NewHome

Interior Features

  • Foundation Details: Slab
  • Fixture Exception Yn: 0
  • Sq Ft Additional: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1835
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 703
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 703
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 200
  • Appliances: Gas Cooktop, Dishwasher, Exhaust Hood, Refrigerator, Wall Oven
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Living Area: 2035

Exterior Features

  • New Construction: Yes
  • Construction Status: Complete
  • Tax Location: Monroe
  • Construction Type: Site Built
  • Construction Type: Fiber Cement, Stone

Garage/Parking

  • Main Level Garage YN: 1
  • Parking Features: Driveway, Garage - 2 Car

Utilities

  • Heating: Central
  • Sewer: Public Sewer
  • Water Heater: Gas
  • Laundry Features: Main Level
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 249
  • Association Fee Frequency: Monthly
  • Hoa Subject To Dues: Mandatory
  • Complex Name: Wesley Chapel
  • ResoAssociationFeeFrequency: Monthly

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: Required
  • CAR_YearlyHOAExpense: 2988.00

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 06027256
  • Zoning Description: R
  • ResoLotSizeUnits: Acres

Tax Info

  • RATIO List Price By Tax Amount: 1.00000

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2022
Closed on
Aug 9, 2022
Sold by
Kh Wesley Chapel Llc
Bought by
Seller's Agent
Mike McLendon
McLendon Real Estate Partners LLC
Buyer's Agent
Mike McLendon
McLendon Real Estate Partners LLC
List Price
$582,940
Sold Price
$582,940
Views
1
Current Estimated Value
$648,422

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,482
Avg. Annual Appreciation
2.98%
Original Mortgage
$874,710
Outstanding Balance
$872,476
Interest Rate
5.51%
Mortgage Type
FHA
Estimated Equity
-$216,856
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$583,000 None Listed On Document
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $874,710
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/09/2022 09/09/22 Sold $582,940 0.0% $286 / Sq Ft
09/06/2022 09/06/22 For Sale $582,940 -- $286 / Sq Ft
Source: Canopy MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,112 $669,800 $130,400 $539,400
2024 $2,359 $375,700 $68,500 $307,200
2023 $2,350 $375,700 $68,500 $307,200
2022 $428 $68,500 $68,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS

MLS Number: 3902243

Canopy MLS

APN: 06-027-256

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