NOT LISTED FOR SALE

2718 Olive Branch Rd Monroe, NC 28110

Estimated Value: $521,000 - $798,000

4 Beds
3.5 Baths
3,387 Sq Ft
$209/Sq Ft Est. Value

Last Sold September 20, 2019

Last sale price $418,000 $123 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $3,986/month

178 Days on Market

Highlights

  • Private Lot
  • Wooded Lot
  • Engineered Wood Flooring
  • Rock Rest Elementary School Rated A-
  • Traditional Architecture
  • Attic

About This Home

As of September 2019

Hurry this home has everything you are looking for-nestled in the middle of 9+ secluded acres you are able to enjoy your privacy all around you & yet you are close enough to the new Monroe Bypass to get where you need to go quickly! This is Your opportunity to live in the Country & work in the City…The exterior of this home offers an oversized screened porch that looks into your private backyard, a stamped concrete patio & sidewalks, a wired workshop, beautiful landscaping & a partially fenced backyard. The inside of this home is immaculate..it offers fresh paint, beautiful onsite finished hardwoods, a large Laundry Rm w/ a utility sink, custom cabinets and a breakfast bar in the Kitchen, granite throughout, a tiled shower in the MBA w/ multiple shower & rain heads, eye popping tile and more. Then to top it all off you have an unbelievable getaway upstairs with an enormous Bonus Rm, another Bedroom, Full bath, an Office & an Exercise Rm. What else could you ask for in a Home?

Last Agent to Sell the Property

Brian Benton

Emerald Pointe Realty License #200200 Listed on: 02/22/2019

Last Buyer's Agent

Rob Bean

Bean Realty Group LLC License #271367

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,665

Year Built

  • Built in 2005

Lot Details

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

Parking

  • Attached Garage

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • Tray Ceiling
  • Gas Log Fireplace
  • Window Treatments
  • Crawl Space
  • Pull Down Stairs to Attic

Kitchen

  • Breakfast Bar
  • Kitchen Island

Flooring

  • Engineered Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • Walk-In Closet
  • Garden Bath

Outdoor Features

  • Separate Outdoor Workshop

Utilities

  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 09-108-001

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,665

Year Built

Built in 2005

Lot Details

0

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Architectural Style: Traditional
  • Ratio Close Price By List Price: 0.97232
  • Ratio Close Price By Original Li: 0.91068
  • Ratio Current Price By Acre: 41841.84
  • Ratio Current Price By Sq Ft: 123.41
  • Year Built: 2005
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space
  • Upper Level Sq Ft: 1268
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Total Bedrooms: 4
  • Equipment: Cable Prewire, Ceiling Fan(s), Cooktop Electric, Dishwasher, Disposal, Ice Maker Connection, Microwave, Security System, Wall Oven
  • Fireplace Description: Gas Logs, Living Room
  • Fireplace: Yes
  • Flooring: Prefinished Wood, Tile, Vinyl, Wood
  • Interior Amenities: Attic Other, Attic Stairs Pulldown, Attic Walk-in, Breakfast Bar, Built-Ins, Cable Available, Garden Tub, Kitchen Island, Pantry, Tray Ceiling, Vaulted Ceiling, Walk-In Closet(s), Walk-In Pantry, Window Treatments
  • Laundry Location: Main, Laundry Room
  • Room Count: 2
  • Sq Ft Additional: 424
  • Main Level Sq Ft: 2119
  • Total Sq Ft: 3387

Exterior Features

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

Garage/Parking

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

Utilities

  • Heating: Central Air, Electric Hot Air, Multizone A/C
  • Sewer: Septic Installed
  • Water: Well Installed
  • Water Heater: Electric

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Lot Dimension: see tax map
  • Lot Features: Level, Private, Trees, Wooded
  • Lot Size Area: 9.990
  • Parcel Number: 09-108-001
  • Zoning Specification: AQ4

Tax Info

  • Tax Location: Union

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 16, 2021
Sold by
Cordes Adrian and Cordes Shelly
Bought by
Shields Scott Andrew and Shields Lisa Dawn
Current Estimated Value
$709,360

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$515,625
Outstanding Balance
$439,230
Interest Rate
3.01%
Mortgage Type
New Conventional
Estimated Equity
$270,130

Purchase Details

Listed on
Feb 22, 2019
Closed on
Sep 20, 2019
Sold by
Watkins Jimmy Melvin and Watkins Shelly Benton
Bought by
Cordes Adrian and Cordes Shelly
Seller's Agent
Brian Benton
Emerald Pointe Realty
Buyer's Agent
Rob Bean
Bean Realty Group LLC
List Price
$459,000
Sold Price
$418,000
Premium/Discount to List
-$41,000
-8.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.09%
Original Mortgage
$313,500
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 1, 2011
Sold by
Federal National Mortgage Association
Bought by
Watkins Jimmy Melvin and Watkins Shelly Benton

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,750
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 2, 2010
Sold by
Godwin Marshall Darrell and Godwin Angela M
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Feb 17, 2006
Sold by
Godwin Marshall Darrell and Godwin Angela M
Bought by
Godwin Marshall Darrell and Godwin Angela M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
6.14%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Nov 18, 2005
Sold by
Metrolina Construction Inc
Bought by
Godwin Ricky Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Interest Rate
5.9%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 3, 2005
Sold by
Godwin Ricky L and Godwin Teresa
Bought by
Metrolina Construction Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
5.51%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 30, 2004
Sold by
Godwin Brenda B
Bought by
Godwin Marshall Darrell
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
Shields Scott Andrew $687,500 Executive Title
Cordes Adrian $418,000 None Available
Watkins Jimmy Melvin -- None Available
Federal National Mortgage Association $446,275 None Available
Godwin Marshall Darrell -- None Available
Godwin Ricky Lynn $400,000 --
Metrolina Construction Inc $60,000 --
Godwin Marshall Darrell -- --
Godwin Ricky Lynn -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shields Scott Andrew $515,625
Previous Owner Cordes Adrian $313,500
Previous Owner Watkins Jimmy Melvin $213,750
Previous Owner Godwin Marshall Darrell $320,000
Previous Owner Godwin Ricky Lynn $292,000
Previous Owner Metrolina Construction Inc $220,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/20/2019 09/20/19 Sold $418,000 -2.8% $123 / Sq Ft
08/19/2019 08/19/19 Pending -- -- --
05/10/2019 05/10/19 Price Changed $429,900 -2.1% $127 / Sq Ft
04/10/2019 04/10/19 Price Changed $439,000 -2.2% $130 / Sq Ft
03/15/2019 03/15/19 Price Changed $449,000 -2.2% $133 / Sq Ft
02/22/2019 02/22/19 For Sale $459,000 -- $136 / 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 $2,665 $406,500 $76,700 $329,800
2023 $2,425 $373,400 $76,700 $296,700
2022 $2,425 $373,400 $76,700 $296,700
2021 $2,426 $373,400 $76,700 $296,700
2020 $2,316 $298,460 $49,760 $248,700
2019 $2,292 $298,460 $49,760 $248,700
2018 $0 $298,460 $49,760 $248,700
2017 $2,441 $298,500 $49,800 $248,700
2016 $2,398 $298,460 $49,760 $248,700
2015 $2,431 $298,460 $49,760 $248,700
2014 $2,052 $298,330 $63,230 $235,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3476938

Canopy MLS (Canopy Realtor® Association)

APN: 09-108-001