NOT LISTED FOR SALE

5001 Revelation Way Monroe, NC 28110

Estimated Value: $380,000 - $386,512

4 Beds
2.5 Baths
2,009 Sq Ft
$191/Sq Ft Est. Value

Last Sold March 12, 2021

Last sale price $278,000 $138 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $2,336/month

3 Days on Market

Highlights

  • Clubhouse
  • Corner Lot
  • Fireplace
  • Sun Valley Elementary School Rated A-
  • Community Pool
  • Attached Garage

About This Home

As of March 2021

A Fantastic 2 Story Home on a Large Corner Lot! Extra Roomy Family Room with Nice Fireplace! No Carpet with all Wood, Tile or laminate Flooring throughout! Nice Kitchen with Breakfast Bar and Tile Backsplash, Separate Living and Dining Room Area. Large Master Bedroom with Walk in Closet. New Paint Throughout Most of the home. Extra Large Driveway that been Extended in 2020, All Blinds to Stay. Laundry Room Upstairs, New Roof 2019, New Garage Door Opener 2019, New Back Door 2021, Stairway has newly Stained Wood 2021. Lots of Yardspace on a .31 Acre Lot! Neighborhood includes an Outdoor Pool, Club House, 2 Playgounds, and Walking Trails, Great Sun Valley Shops and School!. Seller will pay $600 toward new stove at closing.

Last Agent to Sell the Property

Melony Banks

MBA Real Estate, LLC License #232773 Listed on: 02/09/2021

Co-Listed By

Jackson Bailey

MBA Real Estate, LLC License #312710

Last Buyer's Agent

George Kypreos

Keller Williams South Park License #313543

Keller Williams South Park

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2002

Lot Details

  • Corner Lot
  • Level Lot
  • Cleared Lot

HOA Fees

  • $37 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • Fireplace
  • Breakfast Bar

Flooring

  • Linoleum
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet

Listing and Financial Details

  • Assessor Parcel Number 09-399-093

Community Details

Overview

  • Key Community Management Association, Phone Number (704) 321-1556

Amenities

  • Clubhouse

Recreation

  • Community Playground
  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Year Built

Built in 2002

Lot Details

0

HOA Fees

$37 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Construction Status: Complete
  • Ratio Close Price By List Price: 1.04906
  • Ratio Close Price By Original Li: 1.04906
  • Ratio Current Price By Acre: 896774.19
  • Ratio Current Price By Sq Ft: 138.38
  • Year Built: 2002
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 1153
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 4
  • Equipment: Cable Prewire, Ceiling Fan(s), CO Detector, Dishwasher, Disposal, Ice Maker Connection, Microwave
  • Fireplace Description: FAMILYRM
  • Fireplace: Yes
  • Flooring: Laminate Wood, Linoleum, Tile
  • H O A Management Phone: 704-321-1556
  • Interior Amenities: Breakfast Bar, Pantry, Walk-In Closet(s)
  • Laundry Location: Upper
  • Room Count: 2
  • Main Level Sq Ft: 856
  • Total Sq Ft: 2009

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Garage - 2 Car, Parking Space - 4+

Utilities

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

Condo/Co-op/Association

  • Community Features: Club House, Outdoor Pool, Playground, Walking Trails
  • Association Fee: 438.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Key Community Management
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Shiloh
  • Middle School: Sun Valley
  • High School: Sun Valley

Lot Info

  • Lot Features: Cleared, Corner Lot, Level
  • Lot Size Area: 0.310
  • Parcel Number: 09-399-093
  • Zoning Specification: SFR

Tax Info

  • Tax Value: 165300.00
  • Tax Location: Monroe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 26, 2021
Sold by
Progress Charlotte Llc
Bought by
Progress Residential Borrower 17 Llc
Current Estimated Value
$382,878

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,678,000
Outstanding Balance
$180,959,660
Interest Rate
2.9%
Mortgage Type
Commercial
Estimated Equity
-$180,583,924

Purchase Details

Listed on
Feb 9, 2021
Closed on
Mar 5, 2021
Sold by
Ratley Ervin
Bought by
Progress Charlotte Llc
Seller's Agent
Melony Banks
MBA Real Estate, LLC
Buyer's Agent
George Kypreos
Keller Williams South Park
List Price
$265,000
Sold Price
$278,000
Premium/Discount to List
$13,000
4.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.07%

Purchase Details

Closed on
Feb 28, 2020
Sold by
Ross Lisa and Ratley Lisa
Bought by
Ratley Ervin

Purchase Details

Closed on
Jan 10, 2020
Sold by
Ratley Ervin and Ross Lisa
Bought by
Ratley Ervin

Purchase Details

Closed on
Jan 3, 2014
Sold by
Bennett Lisa
Bought by
Ratley Eaupa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$17,970
Interest Rate
4.43%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 10, 2002
Sold by
Crossman Communities Of Nc Inc
Bought by
Ratley Ervin and Ratley Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,048
Interest Rate
6.4%
Mortgage Type
FHA
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
Progress Residential Borrower 17 Llc -- Servicelink Title Company
Progress Charlotte Llc $278,000 Bridgetrust Title Group
Ratley Ervin -- None Available
Ratley Ervin -- Chicago Title Insurance Co
Ratley Eaupa -- None Available
Ratley Ervin $152,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Progress Residential Borrower 17 Llc $365,678,000
Previous Owner Ratley Ervin $17,970
Previous Owner Ratley Ervin $148,137
Previous Owner Ratley Ervin $147,048
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2021 03/12/21 Sold $278,000 +4.9% $138 / Sq Ft
02/12/2021 02/12/21 Pending -- -- --
02/09/2021 02/09/21 For Sale $265,000 -- $132 / 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 $2,209 $257,600 $42,000 $215,600
2023 $2,179 $257,600 $42,000 $215,600
2022 $2,133 $257,600 $42,000 $215,600
2021 $2,131 $257,600 $42,000 $215,600
2020 $1,296 $165,300 $25,000 $140,300
2019 $1,667 $165,300 $25,000 $140,300
2018 $0 $165,300 $25,000 $140,300
2017 $1,750 $165,300 $25,000 $140,300
2016 $1,702 $165,300 $25,000 $140,300
2015 $1,370 $165,300 $25,000 $140,300
2014 $1,152 $163,460 $28,000 $135,460
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3706664

Canopy MLS (Canopy Realtor® Association)

APN: 09-399-093