NOT LISTED FOR SALE

3501 Parkwood School Rd Monroe, NC 28112

Estimated Value: $417,000 - $552,000

3 Beds
2 Baths
2,417 Sq Ft
$196/Sq Ft Est. Value

Last Sold March 14, 2018

Last sale price $195,000 $81 Per Sq Ft

Est. 143% increase in value since last sale

Current estimated payment $2,688/month

92 Days on Market

Highlights

  • Ranch Style House
  • Wood Flooring
  • Breakfast Bar
  • Outdoor Fireplace
  • Separate Outdoor Workshop

About This Home

As of March 2018

Move-in ready home recently remodeled on over 2 acres! Huge living area as well as a sunken den that begs for a media/hangout room or a potential master suite/inlaw suite. Gorgeous sunroom off of the kitchen with tons of room to spread out! Neutral colors throughout allow you to put the finishing touches on! Covered walkway to a detached 2 car carport. Additional building/workshop on the property on a circle driveway. Only .3 miles from Parkwood School and .8 miles from Roughedge Trading. Home has TONS of potential!

Last Agent to Sell the Property

Stephanie Jones

Loretta Realty Group License #258398 Listed on: 10/23/2017

Last Buyer's Agent

Katherine LaFone

Coldwell Banker Realty License #184819

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1965

Lot Details

  • 2.03

Home Design

  • Ranch Style House

Interior Spaces

  • 2 Full Bathrooms
  • Fireplace
  • Crawl Space
  • Breakfast Bar

Flooring

  • Wood
  • Vinyl

Outdoor Features

  • Outdoor Fireplace
  • Separate Outdoor Workshop
  • Shed

Utilities

  • Well

Listing and Financial Details

  • Assessor Parcel Number 04-306-005

Home Details

Home Type

Single Family

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Ranch
  • Ratio Close Price By List Price: 0.86667
  • Ratio Close Price By Original Li: 0.78000
  • Ratio Current Price By Acre: 96059.11
  • Ratio Current Price By Sq Ft: 80.68
  • Year Built: 1965
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Equipment: Ceiling Fan(s), Cable Prewire, Electric Range, Electric Oven
  • Fireplace Description: Den, Kitchen
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl, Wood
  • Interior Amenities: Attic Other, Breakfast Bar, Built-Ins, Pantry
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 2417
  • Total Sq Ft: 2417

Exterior Features

  • Construction: Brick Partial, Cedar Shake
  • Construction Type: Site Built
  • Exterior Features: Workshop, Outdoor Fireplace, Shed(s)
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Concrete
  • Parking: Detached Garage, Parking Space - 3

Utilities

  • Heating: Central Air, Electric Hot Air
  • Sewer: Septic Tank
  • Water: City Water, Well
  • Water Heater: Electric

Schools

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

Lot Info

  • Lot Size Area: 2.030
  • Parcel Number: 04-306-005
  • Zoning Specification: RA40

Tax Info

  • Tax Value: 158300.00
  • Tax Location: Union

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2017
Closed on
Mar 14, 2018
Sold by
Tartlon Whitley Marshall and Blackwelder Anna Elise
Bought by
Cuthbertson Fredric and Cuthbertson Stephanie
Seller's Agent
Stephanie Jones
Loretta Realty Group
Buyer's Agent
Katherine LaFone
Coldwell Banker Realty
List Price
$250,000
Sold Price
$195,000
Premium/Discount to List
-$55,000
-22%
Current Estimated Value
$473,702

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$278,702
Avg. Annual Appreciation
12.39%
Original Mortgage
$185,250
Outstanding Balance
$158,138
Interest Rate
4.22%
Mortgage Type
New Conventional
Estimated Equity
$315,564

Purchase Details

Closed on
Feb 9, 2017
Sold by
Blackwelder Diane L
Bought by
Tarlton Whitley Marshall and Blackwelder Anna Elise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
4.32%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 29, 2009
Sold by
Blackwelder Diane L
Bought by
Tornow Donald F and Tornow Cheryl M

Purchase Details

Closed on
Jan 21, 2003
Sold by
Cloonan Marilyn M
Bought by
Blackwelder Arthur L and Blackwelder Diane L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
5.98%
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
Cuthbertson Fredric $195,000 Master Title Agency Llc
Tarlton Whitley Marshall $90,000 None Available
Tornow Donald F $15,000 None Available
Blackwelder Arthur L $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cuthbertson Fredric $185,250
Previous Owner Tarlton Whitley Marshall $140,000
Previous Owner Blackwelder Arthur L $128,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/14/2018 03/14/18 Sold $195,000 -22.0% $81 / Sq Ft
01/23/2018 01/23/18 Pending -- -- --
10/23/2017 10/23/17 For Sale $250,000 -- $103 / 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 $2,087 $324,500 $50,200 $274,300
2023 $2,059 $324,500 $50,200 $274,300
2022 $1,701 $268,100 $50,200 $217,900
2021 $1,690 $268,100 $50,200 $217,900
2020 $1,221 $158,300 $23,600 $134,700
2019 $1,244 $158,300 $23,600 $134,700
2018 $1,244 $158,300 $23,600 $134,700
2017 $1,326 $158,300 $23,600 $134,700
2016 $1,283 $158,300 $23,600 $134,700
2015 $1,304 $158,300 $23,600 $134,700
2014 $1,224 $175,750 $39,890 $135,860
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3331762

Canopy MLS (Canopy Realtor® Association)

APN: 04-306-005