NOT LISTED FOR SALE

3418 E Highway 218 Monroe, NC 28110

Estimated Value: $213,142 - $378,000

3.08 Acres
$90,167 Price per Acre
134,165 Sq Ft Lot

Last Sold January 01, 2019

Last sale price $105,000

Est. 175% increase in value since last sale

Current estimated payment $1,586/month

233 Days on Market

Highlights

  • Barn
  • Fairview Elementary School Rated A-
  • Level Lot

About This Lot

As of January 2019

Start you own Business Today - Hurry to get first opportunity at this 3+ acre tract on the heavily traveled Highway 218. Recent rezoning (to B4CZ) of this property will allow a vehicle repair business. Conditional use approved for 80' x 90' metal bldg. The existing septic system was approved by Union Co Env Health for business use. There is currently a small barn-like structure on the property used as a rental property. Per Union County Planning Dept, this can only be used for storage with recent rezoning to B4CZ.

Last Agent to Sell the Property

Brian Benton

Emerald Pointe Realty License #200200 Listed on: 03/31/2018

Last Buyer's Agent

Laura Cook

EXP Realty LLC Mooresville License #301039

EXP Realty LLC Mooresville

Property Details

Property Type

  • Land

Lot Details

Home Design

  • Slab Foundation

Additional Features

  • Level Lot
  • Barn

Listing and Financial Details

  • Assessor Parcel Number 08036025 / 25B

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Acreage
  • Ratio Close Price By List Price: 0.80831
  • Ratio Close Price By Original Li: 0.75054
  • Ratio Current Price By Acre: 34090.91
  • Special Features: None

Interior Features

  • Foundation Details: Slab

Exterior Features

  • Exterior Features: Barn(s)
  • Publically Maintained Road: Yes
  • Cleared Acres: 3.08

Utilities

  • Sewer: Septic Tank
  • Water: County Water

Lot Info

  • Lot Dimension: see tax map
  • Lot Features: Level
  • Parcel Number: 08036025 / 25B
  • Zoning Specification: B4CZ
  • Out Buildings Yn: Yes

Tax Info

  • Tax Location: Union

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2018
Closed on
Dec 19, 2018
Sold by
Hudspeth Jeffrey Wayne and Harrington Lori Elizabeth
Bought by
Vl Properties Llc
Seller's Agent
Brian Benton
Emerald Pointe Realty
Buyer's Agent
Laura Cook
EXP Realty LLC Mooresville
List Price
$129,900
Sold Price
$105,000
Premium/Discount to List
-$24,900
-19.17%
Current Estimated Value
$288,950

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$183,950
Avg. Annual Appreciation
14.86%

Purchase Details

Closed on
May 11, 2017
Sold by
Hudspeth Jeffrey Wayne and Harrington Lori Elizabeth
Bought by
Rudspeth Jeffrey Wayne and Harrington Lori Elizabeth

Purchase Details

Closed on
Apr 28, 2017
Sold by
Harrington Michael Boyce and Harrington Lori Nance
Bought by
Hudspeth Jeffrey Wayne and Harrington Lori Elizabeth
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
Vl Properties Llc $105,000 None Available
Rudspeth Jeffrey Wayne $25,000 Chicago Title Insurance Comp
Hudspeth Jeffrey Wayne $20,000 Chicago Title Insurance Comp
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/01/2019 01/01/19 Sold $105,000 -19.2% --
11/19/2018 11/19/18 Pending -- -- --
10/18/2018 10/18/18 For Sale $129,900 0.0% --
06/28/2018 06/28/18 Pending -- -- --
05/07/2018 05/07/18 Price Changed $129,900 -7.1% --
03/31/2018 03/31/18 For Sale $139,900 -- --
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 $927 $183,400 $0 $0
2024 $511 $79,000 $67,000 $12,000
2023 $495 $79,000 $67,000 $12,000
2022 $495 $79,000 $67,000 $12,000
2021 $496 $79,000 $67,000 $12,000
2020 $435 $58,160 $48,860 $9,300
2019 $435 $58,160 $48,860 $9,300
2018 $435 $58,160 $48,860 $9,300
2017 $386 $48,100 $38,800 $9,300
2016 $378 $48,100 $38,800 $9,300
2015 $382 $48,100 $38,800 $9,300
2014 $435 $64,170 $57,760 $6,410
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3373595

Canopy MLS (Canopy Realtor® Association)

APN: 08-036-025-B