NOT LISTED FOR SALE

3108 Fair Meadows Dr Monroe, NC 28110

Estimated Value: $395,155 - $404,000

4 Beds
2.5 Baths
1,806 Sq Ft
$222/Sq Ft Est. Value

Last Sold August 16, 2018

Last sale price $226,000 $125 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $2,293/month

1 Day on Market

Highlights

  • Engineered Wood Flooring
  • Fireplace
  • Shed
  • Shiloh Valley Primary School Rated A-
  • Attached Garage

About This Home

As of August 2018

Owners Pride shows in this fabulous split level home on almost 1/2 acre. This 4 bedroom, 2 1/2 bath has hardwood floors on the main, granite counters in kitchen and bathrooms, great room and den have fireplaces, open floor plan on the main, large backyard and more. Owners have done it ALL for you so just move right in! Improvements include- roof (2016), new sewer line( 2018), HVAC/Furance (2017), Insulated attic (2018), Roof vent fan replaced(2018), Insulated basement level and crawl space (2017), split rail fence (2017), expanded driveway (2018), renovated basement level (2017), Garage door opener(2017), Pergola (2018).

Last Agent to Sell the Property

Tracy Andes

NorthGroup Real Estate LLC License #261544 Listed on: 06/29/2018

NorthGroup Real Estate LLC

Last Buyer's Agent

Dawon Millwood

Millwood Homes Inc License #289197

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1992

Lot Details

  • 0.46

Parking

  • Attached Garage

Home Design

  • Split Level Home
  • Vinyl Siding

Interior Spaces

  • Fireplace

Flooring

  • Engineered Wood
  • Carpet
  • Concrete

Additional Features

  • Shed
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 07-072-207

Home Details

Home Type

Single Family

Year Built

Built in 1992

Lot Details

0

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: Split Level
  • Construction Status: Complete
  • Ratio Close Price By List Price: 1.00444
  • Ratio Close Price By Original Li: 1.00444
  • Ratio Current Price By Acre: 491304.35
  • Ratio Current Price By Sq Ft: 125.14
  • Year Built: 1992
  • Special Features: None

Interior Features

  • Foundation Details: Basement
  • Upper Level Sq Ft: 660
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 4
  • Equipment: Ceiling Fan(s), Cable Prewire, Dishwasher, Electric Dryer Hookup, Electric Range, Microwave, Electric Oven
  • Fireplace Description: FAMILYRM, Great Room
  • Fireplace: Yes
  • Flooring: Carpet, Concrete, Prefinished Wood
  • Interior Amenities: Cable Available
  • Laundry Location: Basement, Laundry Room
  • Room Count: 3
  • Lower Level Sq Ft: 572
  • Main Level Sq Ft: 574
  • Total Sq Ft: 1806
  • Sq Ft Unheated Main: 506
  • Sq Ft Unheated Total: 506

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard, Shed(s)
  • Publically Maintained Road: Yes

Garage/Parking

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

Utilities

  • Heating: Central Air, Gas Hot Air Furnace
  • Sewer: County Sewer
  • Water: County Water
  • Water Heater: Electric

Lot Info

  • Lot Dimension: .46
  • Parcel Number: 07-072-207
  • Plat Reference Section Pages: 22
  • Zoning Specification: Res

Tax Info

  • Tax Value: 154300.00
  • Tax Location: Indian Trail

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2018
Closed on
Aug 16, 2018
Sold by
Gunn Anne M and Gunn Eric J
Bought by
Mathis Barry and Mathis Susan
Seller's Agent
Tracy Andes
NorthGroup Real Estate LLC
Buyer's Agent
Dawon Millwood
Millwood Homes Inc
List Price
$225,000
Sold Price
$226,000
Premium/Discount to List
$1,000
0.44%
Current Estimated Value
$400,289

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$174,289
Avg. Annual Appreciation
8.00%
Original Mortgage
$180,800
Outstanding Balance
$156,362
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$243,927

Purchase Details

Closed on
Jan 25, 2017
Sold by
Walters Michael C and Walters Kimberly A
Bought by
Gunn Eric J and Gunn Anne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,567
Interest Rate
4.16%
Mortgage Type
VA

Purchase Details

Closed on
Oct 13, 2016
Sold by
Fossett George M
Bought by
Walters Michael C

Purchase Details

Closed on
Nov 30, 2011
Sold by
Secretary Of Veterans Affairs
Bought by
Bank Of America Na

Purchase Details

Closed on
Dec 29, 2009
Sold by
Fossett George M
Bought by
Bac Home Loans Servicing Lp and Countrywide Home Loans Servicing Lp

Purchase Details

Closed on
Jun 1, 2000
Sold by
Fossett Terry P
Bought by
Fossett George M
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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Purchase History

Date Buyer Sale Price Title Company
Mathis Barry $226,000 South Lake Title
Gunn Eric J $199,000 None Available
Walters Michael C $132,500 None Available
Bank Of America Na -- North American Title Company
Bac Home Loans Servicing Lp $106,637 None Available
Fossett George M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mathis Barry $180,800
Previous Owner Gunn Eric J $205,567
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/16/2018 08/16/18 Sold $226,000 +0.4% $125 / Sq Ft
07/01/2018 07/01/18 Pending -- -- --
06/29/2018 06/29/18 For Sale $225,000 -- $125 / 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
2025 $2,651 $395,400 $0 $0
2024 $2,348 $274,200 $36,800 $237,400
2023 $2,316 $274,200 $36,800 $237,400
2022 $2,267 $274,200 $36,800 $237,400
2021 $2,265 $274,200 $36,800 $237,400
2020 $1,210 $154,300 $20,500 $133,800
2019 $1,566 $154,300 $20,500 $133,800
2018 $1,228 $154,300 $20,500 $133,800
2017 $1,644 $154,300 $20,500 $133,800
2016 $1,597 $154,300 $20,500 $133,800
2015 $1,285 $154,300 $20,500 $133,800
2014 $1,179 $167,520 $25,000 $142,520
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3406608

Canopy MLS (Canopy Realtor® Association)

APN: 07-072-207