NOT LISTED FOR SALE

5002 Spring Meadow Ln Monroe, NC 28110

Estimated Value: $313,387 - $398,000

3 Beds
3 Baths
1,380 Sq Ft
$247/Sq Ft Est. Value

About This Home

This home is located at 5002 Spring Meadow Ln, Monroe, NC 28110 and is currently estimated at $341,097, approximately $247 per square foot. 5002 Spring Meadow Ln is a home located in Union County with nearby schools including Shiloh Valley Primary School, Shiloh Valley Elementary School, and Sun Valley Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 22, 2025
Sold by
Franks John and Franks Carrie
Bought by
Franks John and Franks Carrie
Current Estimated Value
$341,097

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,587
Outstanding Balance
$208,587
Interest Rate
6.58%
Mortgage Type
FHA
Estimated Equity
$132,510

Purchase Details

Closed on
Nov 29, 2012
Sold by
Franks Cheryl S
Bought by
Franks John

Purchase Details

Closed on
Apr 28, 1999
Sold by
Illausky Todd and Illausky Maria S
Bought by
Franks John and Franks Cheryl S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,850
Interest Rate
7.06%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Franks John -- Silk Title And Escrow-Ft
Franks John -- None Available
Franks John $92,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Franks John $208,587
Previous Owner Franks John $89,850
Source: Public Records

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 $1,878 $279,400 $0 $0
2024 $1,859 $215,800 $35,100 $180,700
2023 $1,834 $215,800 $35,100 $180,700
2022 $1,795 $215,800 $35,100 $180,700
2021 $1,794 $215,800 $35,100 $180,700
2020 $974 $124,200 $22,500 $101,700
2019 $1,291 $124,200 $22,500 $101,700
2018 $1,008 $124,200 $22,500 $101,700
2017 $1,353 $124,200 $22,500 $101,700
2016 $1,311 $124,200 $22,500 $101,700
2015 $1,051 $124,200 $22,500 $101,700
2014 $849 $117,940 $25,000 $92,940
Source: Public Records

Map

North Carolina Union County Monroe 28110

5002 Spring Meadow Ln, Monroe, NC

Not Listed for Sale

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