NOT LISTED FOR SALE

2520 Shady Ridge Ln Monroe, NC 28112

Estimated Value: $394,000 - $548,041

3 Beds
2 Baths
1,751 Sq Ft
$269/Sq Ft Est. Value

Last Sold November 12, 2021

Last sale price $412,500 $236 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $2,671/month

13 Days on Market

Highlights

  • Private Lot
  • Vaulted Ceiling
  • Engineered Wood Flooring
  • Wooded Lot
  • Traditional Architecture
  • Fireplace

About This Home

As of November 2021

If you're looking for complete privacy, a country setting, peaceful surroundings then this home checks all those boxes! This beautiful ranch home is nestled on 10 acres surrounded by mature trees & nature, it won't last long. The covered front porch and private back deck offers places you can sit and enjoy those peaceful country evenings. The Great Room has a large vaulted ceiling that really catches your eye and a beautiful brick wood burning fireplace perfect for those cold winter nights. This home has gorgeous built-ins and an abundance of trim throughout the home which really helps set it off! The entire home has just been freshly painted. The home offers the open concept from the Kitchen, Breakfast and Great Room areas. The MBD has a trey ceiling and a walk-in closet. The MBA offers jack and jill vanities to give you the extra countertop space you are wanting. This home offers so much more! If you are ready to escape to the country let's make this house your home!!

Last Agent to Sell the Property

Brian Benton

Emerald Pointe Realty License #200200 Listed on: 09/25/2021

Last Buyer's Agent

Lynda Paxton

Paxton Properties License #195947

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,447

Year Built

  • Built in 2002

Lot Details

  • Private Lot
  • Level Lot
  • Wooded Lot
  • Many Trees

Parking

  • Attached Garage
  • Gravel Driveway

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • Tray Ceiling
  • Vaulted Ceiling
  • Fireplace
  • Crawl Space
  • Pull Down Stairs to Attic

Flooring

  • Engineered Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Garden Bath

Additional Features

  • Outbuilding
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 09-417-006-D

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,447

Year Built

Built in 2002

Lot Details

0

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story/F.R.O.G.
  • Architectural Style: Traditional
  • Ratio Close Price By List Price: 1.00634
  • Ratio Close Price By Original Li: 1.00634
  • Ratio Current Price By Acre: 41250.00
  • Ratio Current Price By Sq Ft: 235.58
  • Year Built: 2002
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Upper Level Sq Ft: 220
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Equipment: Cable Prewire, Ceiling Fan(s), Dishwasher, Electric Range, Microwave
  • Fireplace Description: Great Room
  • Fireplace: Yes
  • Flooring: Carpet, Prefinished Wood, Tile
  • Interior Amenities: Attic Stairs Pulldown, Built-Ins, Garden Tub, Split BR Plan, Tray Ceiling, Vaulted Ceiling, Walk-In Closet(s)
  • Laundry Location: Main, Laundry Room
  • Room Count: 2
  • Main Level Sq Ft: 1531
  • Total Sq Ft: 1751

Exterior Features

  • Construction: Brick Partial, Vinyl
  • Construction Type: Site Built
  • Exterior Features: Outbuilding

Garage/Parking

  • Driveway: Gravel
  • Parking: Attached Garage, Garage - 2 Car

Utilities

  • Heating: Central Air, Gas Hot Air Furnace
  • Sewer: Septic Installed
  • Water: Well Installed
  • Water Heater: Gas

Lot Info

  • Lot Dimension: see tax map
  • Lot Features: Level, Private, Trees, Wooded
  • Parcel Number: 09-417-006-D
  • Zoning Specification: AJ2

Tax Info

  • Tax Location: Union

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2021
Closed on
Nov 12, 2021
Sold by
Hubbard Sarah Jane
Bought by
Rutledge Jody Allen and Starnes Tasha Renee
Seller's Agent
Brian Benton
Emerald Pointe Realty
Buyer's Agent
Lynda Paxton
Paxton Properties
List Price
$409,900
Sold Price
$412,500
Premium/Discount to List
$2,600
0.63%
Current Estimated Value
$471,260

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,760
Avg. Annual Appreciation
3.42%
Original Mortgage
$371,250
Outstanding Balance
$340,281
Interest Rate
3.01%
Mortgage Type
New Conventional
Estimated Equity
$130,979

Purchase Details

Closed on
May 15, 2002
Sold by
Morrison Ricky D
Bought by
Morrison Ricky D and Morrison Sarah J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,000
Interest Rate
5.5%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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Average Value
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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
Rutledge Jody Allen $412,500 Chicago Title
Rutledge Jody Allen $412,500 Chicago Title
Morrison Ricky D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rutledge Jody Allen $371,250
Closed Rutledge Jody Allen $371,250
Previous Owner Morrison Ricky D $134,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/12/2021 11/12/21 Sold $412,500 +0.6% $236 / Sq Ft
10/08/2021 10/08/21 Pending -- -- --
09/25/2021 09/25/21 For Sale $409,900 -- $234 / 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 $2,447 $0 $0 $0
2023 $2,414 $0 $0 $0
2022 $2,414 $368,400 $99,700 $268,700
2021 $1,841 $368,400 $99,700 $268,700
2020 $1,423 $239,330 $69,630 $169,700
2019 $1,449 $239,330 $69,630 $169,700
2018 $1,449 $239,330 $69,630 $169,700
2017 $1,542 $239,300 $69,600 $169,700
2016 $1,492 $239,330 $69,630 $169,700
2015 $1,517 $239,330 $69,630 $169,700
2014 $1,519 $423,620 $237,250 $186,370
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3749418

Canopy MLS (Canopy Realtor® Association)

APN: 09-417-006-D