NOT LISTED FOR SALE

3408 Tom Starnes Rd Monroe, NC 28112

Estimated Value: $154,000 - $229,000

2 Beds
1 Bath
832 Sq Ft
$237/Sq Ft Est. Value

Last Sold August 30, 2019

Last sale price $80,500 $97 Per Sq Ft

Est. 145% increase in value since last sale

Current estimated payment $1,098/month

19 Days on Market

About This Home

As of August 2019

Looking for starter home, not afraid of a bit of work. Bring your elbow grease to this home to get a bit of potential instant equity. Off Grid living potential, Elbow room, or maybe a lot to build? You found it! This ranch home sits on a perfect lot presenting you with a variety of options. Home is a great size for a starter home with plenty of room to expand over the years. Floor plan sets up well with living spaces in the front and bedrooms in the rear, great for entertaining. Off Grid potential with installed solar system, well, and septic. Just add Chickens, goats, and a garden for your slice of homestead living. Don't like the house, that's ok too! Gorgeous New build next door, Build your own dream home! Homes like this don't come along often, don't miss your chance to call this your own.

Last Agent to Sell the Property

Steve Casselman

EXP Realty LLC Ballantyne License #272611 Listed on: 06/22/2019

EXP Realty LLC Ballantyne

Last Buyer's Agent

Non Member

Canopy Administration

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1969

Lot Details

  • 1

Parking

  • Gravel Driveway

Home Design

  • Ranch Style House
  • Slab Foundation

Additional Features

  • Tile Flooring
  • 1 Full Bathroom
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 04-291-003

Home Details

Home Type

Single Family

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Ranch
  • Ratio Close Price By List Price: 0.94706
  • Ratio Close Price By Original Li: 0.89544
  • Ratio Current Price By Acre: 80500.00
  • Ratio Current Price By Sq Ft: 96.75
  • Year Built: 1969
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Slab
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Equipment: Electric Range, Electric Oven
  • Flooring: Carpet, Tile
  • Laundry Location: Laundry Room
  • Room Count: 1
  • Main Level Sq Ft: 832
  • Total Sq Ft: 832

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Gravel
  • Parking: Driveway

Utilities

  • Heating: Baseboard Hot Water Heat, Wall Unit - AC
  • Sewer: Septic Installed
  • Water: Well Installed
  • Water Heater: Electric

Schools

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

Lot Info

  • Lot Size Area: 1.000
  • Parcel Number: 04-291-003
  • Zoning Specification: AF8

Tax Info

  • Tax Value: 64800.00
  • Tax Location: Union

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2019
Closed on
Aug 30, 2019
Sold by
Silver Lining Investment Properties Llc
Bought by
Foster Sylvia
Seller's Agent
Steve Casselman
EXP Realty LLC Ballantyne
Buyer's Agent
Non Member
Canopy Administration
List Price
$89,900
Sold Price
$80,500
Premium/Discount to List
-$9,400
-10.46%
Current Estimated Value
$197,066

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,566
Avg. Annual Appreciation
15.73%
Original Mortgage
$64,400
Outstanding Balance
$28,721
Interest Rate
3.8%
Mortgage Type
New Conventional
Estimated Equity
$168,345

Purchase Details

Closed on
May 20, 2019
Sold by
Campbell Vanderriet Aloijs and Campbell Evans Evonne
Bought by
Silver Lining Investment Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,756
Interest Rate
4%
Mortgage Type
Commercial

Purchase Details

Closed on
May 17, 2002
Sold by
Whitaker Joe L and Whitaker Mary H
Bought by
Vanderriet Aloijs

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,500
Interest Rate
10.91%
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
Foster Sylvia $80,500 None Available
Silver Lining Investment Properties Llc $53,000 None Available
Vanderriet Aloijs $62,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Foster Sylvia $64,400
Previous Owner Silver Lining Investment Properties Llc $54,756
Previous Owner Vanderriet Aloijs $62,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2019 08/30/19 Sold $80,500 -5.3% $97 / Sq Ft
07/11/2019 07/11/19 Pending -- -- --
06/27/2019 06/27/19 Price Changed $85,000 -5.5% $102 / Sq Ft
06/22/2019 06/22/19 For Sale $89,900 -- $108 / 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 $636 $101,800 $21,700 $80,100
2023 $632 $101,800 $21,700 $80,100
2022 $632 $101,800 $21,700 $80,100
2021 $638 $101,800 $21,700 $80,100
2020 $511 $64,810 $14,810 $50,000
2019 $574 $64,810 $14,810 $50,000
2018 $574 $64,810 $14,810 $50,000
2017 $606 $64,800 $14,800 $50,000
2016 $597 $64,810 $14,810 $50,000
2015 $603 $64,810 $14,810 $50,000
2014 $650 $85,520 $33,960 $51,560
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3521898

Canopy MLS (Canopy Realtor® Association)

APN: 04-291-003