NOT LISTED FOR SALE

227 Wood Lake Dr Monroe, NC 28110

Estimated Value: $412,000 - $463,000

3 Beds
2 Baths
1,996 Sq Ft
$220/Sq Ft Est. Value

Last Sold August 18, 2023

Last sale price $421,000 $211 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,742/month

8 Days on Market

Highlights

  • Wood Flooring
  • Lawn
  • 1-Story Property
  • Shiloh Valley Primary School Rated A-
  • 2 Car Attached Garage
  • Four Sided Brick Exterior Elevation

About This Home

As of August 2023

Indulge in the ultimate ranch-style living experience. Sidewalks, street lights, and a clubhouse add to the neighborhood's appeal. Step inside this inviting open floor plan home. Formal living and dining rooms provide the perfect backdrop for entertaining. The large kitchen has 42" cabinets. A sunroom with a vaulted ceiling offers a serene retreat. The master suite features a trey ceiling. Hardwood floors enhance the home's appeal, while a full yard irrigation system ensures a well-maintained landscape. The roof was replaced in 2016. The fenced backyard, extended patio, and oversized 0.43-acre lot offer outdoor enjoyment. HOA fee includes the lawn mowing and landscaping services of both front & back yards along with the clubhouse access.
Additional features include a finished garage, hardwood floors, granite countertops, updated appliances, crown molding, gas fireplace, stall shower in master, comfort height toilets, upgraded laundry, under mounted lighting & newer washer and dryer.

Last Agent to Sell the Property

Tony Karak

Better Homes and Garden Real Estate Paracle License #311207 Listed on: 06/29/2023

Better Homes and Garden Real Estate Paracle

Last Buyer's Agent

Christopher Davero

Better Homes and Gardens Real Estate Paracle License #128829

Better Homes and Gardens Real Estate Paracle

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,419

Year Built

  • Built in 2008

Lot Details

  • Back Yard Fenced
  • Lawn
  • Property is zoned AP6

HOA Fees

  • $149 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Slab Foundation
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 1-Story Property
  • Family Room with Fireplace
  • Wood Flooring

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Schools

  • Shiloh Elementary School
  • Sun Valley Middle School
  • Sun Valley High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • Pondside Inc/Villas Of Sun Valley Association
  • Pondside Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 09-397-197

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,419

Year Built

Built in 2008

Lot Details

0

HOA Fees

$149 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2008
  • Road Surface Type: Concrete
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 210.92
  • Geocode Confidence: High
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Slab
  • Fireplace: Yes
  • Flooring: Wood
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1996
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Main: 447
  • Sq Ft Unheated Total: 447
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Disposal
  • Above Grade Finished Sq Ft: 1996
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Family Room, Gas
  • Living Area: 1996
  • Bedroom Main: 3
  • Room Count: 1

Exterior Features

  • Exterior Features: Lawn Maintenance
  • New Construction: No
  • Construction Type: Site Built
  • Fencing: Back Yard
  • Construction Type: Brick Full

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 427
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway, Attached Garage

Utilities

  • Heating: Central
  • Sewer: Public Sewer
  • Laundry Features: Laundry Room
  • Cooling: Central Air
  • Utilities: Cable Available, Gas
  • Water Source: City

Condo/Co-op/Association

  • Association Fee: 149
  • Association Fee Frequency: Monthly
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: Pondside Inc/Villas of Sun Valley
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Association Annual Expense: 1788.00

Schools

  • Middle Or Junior School: Sun Valley
  • HOA Subject To: Required

Lot Info

  • Lot Size Area: 0.42
  • Lot Size Units: Acres
  • Parcel Number: 09-397-197
  • Zoning: AP6
  • ResoLotSizeUnits: Acres
  • Zoning Specification: AP6

Green Features

  • Green Verification Count: 0

MLS Schools

  • Elementary School: Shiloh
  • High School: Sun Valley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2023
Closed on
Aug 18, 2023
Sold by
Fabris Family Trust
Bought by
Kornegay Matthew B and Komegay Paula N
Seller's Agent
Tony Karak
Better Homes and Garden Real Estate Paracle
Buyer's Agent
Christopher Davero
Better Homes and Gardens Real Estate Paracle
List Price
$424,000
Sold Price
$421,000
Premium/Discount to List
-$3,000
-0.71%
Views
113
Current Estimated Value
$439,628

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,628
Avg. Annual Appreciation
2.62%
Original Mortgage
$331,000
Outstanding Balance
$324,304
Interest Rate
5.88%
Mortgage Type
New Conventional
Estimated Equity
$119,546

Purchase Details

Closed on
Jan 24, 2018
Sold by
Fabris Marvin and Fabris Barbara
Bought by
Fabris Marvin A and Fabris Barbara

Purchase Details

Closed on
Aug 26, 2010
Sold by
Flanagan Gloria A
Bought by
Fabris Marvin and Fabris Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 16, 2008
Sold by
Nvr Inc
Bought by
Flanagan Gloria A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,435
Interest Rate
5.94%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 2, 2007
Sold by
Rogers Road Llc
Bought by
Nvr Inc
Source: Public Records

Range of Values:

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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
Kornegay Matthew B $421,000 None Listed On Document
Fabris Marvin A -- None Available
Fabris Marvin $202,500 None Available
Flanagan Gloria A $247,000 None Available
Nvr Inc $41,500 Clt
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kornegay Matthew B $331,000
Previous Owner Fabris Marvin $160,000
Previous Owner Flanagan Gloria A $197,435
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2023 08/18/23 Sold $421,000 -0.7% $211 / Sq Ft
07/08/2023 07/08/23 Pending -- -- --
06/29/2023 06/29/23 For Sale $424,000 -- $212 / 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 $2,419 $282,700 $53,000 $229,700
2023 $2,386 $282,700 $53,000 $229,700
2022 $2,320 $280,800 $53,000 $227,800
2021 $2,318 $280,800 $53,000 $227,800
2020 $1,787 $178,400 $28,000 $150,400
2019 $1,787 $178,400 $28,000 $150,400
2018 $1,404 $178,400 $28,000 $150,400
2017 $1,876 $178,400 $28,000 $150,400
2016 $1,454 $178,400 $28,000 $150,400
2015 $1,472 $178,400 $28,000 $150,400
2014 $1,639 $236,750 $40,000 $196,750
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4043338

Canopy MLS (Canopy Realtor® Association)

APN: 09-397-197