NOT LISTED FOR SALE

2117 Rainbrook Dr Monroe, NC 28112

Estimated Value: $485,000 - $806,562

38 Acres
$17,558 Price per Acre
1,655,280 Sq Ft Lot

Last Sold February 26, 2016

Last sale price $350,000

Est. 91% increase in value since last sale

Current estimated payment $3,660/month

144 Days on Market

Highlights

  • 38 Acre Lot
  • Wooded Lot
  • Shed
  • Deck
  • No HOA
  • Fenced

About This Lot

As of February 2016

Beautiful property with nearly half in maintained pasture. Large 1 acre pond and 2 small ponds provide water sources for horses or cattle. Property access from two roads. Well maintained late 1970's vintage brick ranch home with 3 bedrooms, 2 baths, large den, big kitchen/breakfast, oversized laundry/utility room, screened porch and 2-car side load garage. Three outbuilding and several sheds provide for additional storage and equipment. Property sold "As Is". Also includes Parcel ID: 09357064

Last Agent to Sell the Property

Tim Hemby

Farms & Estates Realty Inc Brokerage Email: tim@farmsandestates.com License #211357 Listed on: 08/17/2015

Last Buyer's Agent

Ericka Grimm

Century 21 Providence Realty License #279462

Century 21 Providence Realty

Property Details

Property Type

  • Land

Lot Details

  • 38 Acre Lot
  • Fenced
  • Wooded Lot
  • Property is zoned RA-40, Farms

Home Design

  • Slab Foundation

Additional Features

  • Crawl Space
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 09-357-039-A

Community Details

Overview

  • No Home Owners Association

Recreation

  • Deck
  • Shed

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Farm
  • Habitable Residence Yn: Yes
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • ResoPropertyType: Land
  • Attribution Contact: tim@farmsandestates.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space, Slab

Exterior Features

  • Fencing: Fenced
  • Other Structures: Shed(s), Other - See Remarks
  • Patio And Porch Features: Deck

Utilities

  • Sewer: Septic Installed
  • Water Source: Well

Condo/Co-op/Association

  • Hoa Subject To Dues: No
  • Association: No

Schools

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

Lot Info

  • Lot Features: Lake On Property, Wooded
  • Lot Size Units: Acres
  • Parcel Number: 09-357-039-A
  • Can Be Subdivided: 1
  • Lot Size Acres: 38
  • Lot Size: Various
  • Lot Size Sq Ft: 1655280
  • Zoning Description: Farms
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RA-40

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 30, 2017
Sold by
Pedersen David Scott and Pedersen Scott
Bought by
Mccutcheon Andrew
Current Estimated Value
$667,187

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,700
Outstanding Balance
$279,280
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$387,907
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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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
Mccutcheon Andrew $373,000 Chicago Title Insurance Comp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccutcheon Andrew $335,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/26/2016 02/26/16 Sold $350,000 -10.2% --
01/08/2016 01/08/16 Pending -- -- --
08/17/2015 08/17/15 For Sale $389,900 -- --
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 $2,091 $434,100 $0 $0
2024 $1,896 $509,500 $249,700 $259,800
2023 $1,572 $462,600 $249,700 $212,900
2022 $1,572 $462,600 $249,700 $212,900
2021 $1,562 $462,600 $249,700 $212,900
2020 $1,375 $361,370 $213,370 $148,000
2019 $1,402 $361,370 $213,370 $148,000
2018 $1,402 $361,370 $213,370 $148,000
2017 $1,151 $320,500 $213,400 $107,100
2016 $1,104 $319,400 $212,300 $107,100
2015 $1,123 $319,400 $212,300 $107,100
2014 $1,302 $761,320 $643,130 $118,190
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3109763

Canopy MLS (Canopy Realtor® Association)

APN: 09-357-039-A