NOT LISTED FOR SALE

501 Circle Trace Rd Monroe, NC 28110

Estimated Value: $472,000 - $567,000

4 Beds
2.5 Baths
2,370 Sq Ft
$217/Sq Ft Est. Value

Last Sold May 24, 2019

Last sale price $275,000 $116 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $3,151/month

59 Days on Market

Highlights

  • Traditional Architecture
  • Fireplace
  • Walk-In Closet
  • Wesley Chapel Elementary School Rated A
  • Attached Garage
  • Community Playground

About This Home

As of May 2019

Welcome to an immaculately kept and updated home in Potters Trace!!! Brand NEW high in laminate floors have been installed throughout the entire 1st floor and NEW carpet going up to second floor! Brand NEW refrigerator, stove, microwave, and dishwasher. This home has been completely painted throughout! The roof was installed 2015 and HVAC in 2018. The laundry room is already set-up with a washer and dryer! Even just outside is the access to the walking trail!

Last Agent to Sell the Property

Chrisann Fowler

Key Real Estate License #301222 Listed on: 02/17/2019

Last Buyer's Agent

Brenda Kresak

EXP Realty LLC Ballantyne License #294336

EXP Realty LLC Ballantyne

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2000

Lot Details

  • 0.25

HOA Fees

  • $18 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • Fireplace
  • Pull Down Stairs to Attic

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • Walk-In Closet
  • Garden Bath

Additional Features

  • Level Lot
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 06-006-108

Community Details

Overview

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

Recreation

  • Community Playground
  • Trails

Home Details

Home Type

Single Family

Year Built

Built in 2000

Lot Details

0

HOA Fees

$18 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Architectural Style: Traditional
  • Ratio Close Price By List Price: 0.96491
  • Ratio Close Price By Original Li: 0.96491
  • Ratio Current Price By Acre: 1070038.91
  • Ratio Current Price By Sq Ft: 116.03
  • Year Built: 2000
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 1237
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 4
  • Equipment: Ceiling Fan(s), Cooktop Electric, Dishwasher, Dryer, Ice Maker Connection, Microwave, Refrigerator, Washer
  • Fireplace Description: Natural Gas
  • Fireplace: Yes
  • Flooring: Carpet, Laminate Wood, Vinyl
  • H O A Management Phone: 704-321-1556
  • Interior Amenities: Attic Stairs Pulldown, Garden Tub, Walk-In Closet(s)
  • Laundry Location: Upper
  • Room Count: 2
  • Main Level Sq Ft: 1133
  • Total Sq Ft: 2370

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built

Garage/Parking

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

Utilities

  • Heating: Heat Pump - AC, Natural Gas
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Playground, Walking Trails
  • Association Fee: 220.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Key Community Management
  • Hoa Subject To Dues: Mandatory

Schools

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

Lot Info

  • Lot Features: Level
  • Lot Size Area: 0.257
  • Parcel Number: 06-006-108
  • Zoning Specification: AL8

Tax Info

  • Tax Value: 183700.00
  • Tax Location: Union

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2019
Closed on
May 23, 2019
Sold by
Smetak Ronald C and Smetak Angela M
Bought by
Bello Jacob R and Bello Amanda L
Seller's Agent
Chrisann Fowler
Key Real Estate
Buyer's Agent
Brenda Kresak
EXP Realty LLC Ballantyne
List Price
$285,000
Sold Price
$275,000
Premium/Discount to List
-$10,000
-3.51%
Current Estimated Value
$548,122

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$273,122
Avg. Annual Appreciation
10.29%
Original Mortgage
$275,000
Outstanding Balance
$244,280
Interest Rate
4.1%
Mortgage Type
VA
Estimated Equity
$263,048

Purchase Details

Closed on
Oct 28, 2015
Sold by
Smetak Ronald C and Lancaster Craig M
Bought by
Smetak Ronald C and Smetak Angela M

Purchase Details

Closed on
Jan 11, 2008
Sold by
Waypoint Alliance Llc
Bought by
Smetak Ronald C and Lancaster Craig M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,300
Interest Rate
5.68%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 19, 2007
Sold by
Jp Morgan Chase Bank
Bought by
Waypoint Alliance Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,300
Interest Rate
5.68%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 3, 2007
Sold by
Daniels Murphy Audrie
Bought by
Jp Morgan Chase Bank and Equity One Abs Inc Mortgage Pass Through

Purchase Details

Closed on
Jan 12, 2001
Sold by
Nvr Inc
Bought by
Daniels Murphy Audrie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,929
Interest Rate
7.16%
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
Bello Jacob R $275,000 Carolina Title Company Inc
Smetak Ronald C -- Attorney
Smetak Ronald C $157,000 Liberty Title & Escrow Co
Waypoint Alliance Llc $116,000 None Available
Jp Morgan Chase Bank $207,000 None Available
Daniels Murphy Audrie $193,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bello Jacob R $275,000
Previous Owner Smetak Ronald C $141,300
Previous Owner Daniels Murphy Audrie $215,000
Previous Owner Daniels Murphy Audrie $203,097
Previous Owner Daniels Murphy Audrie $188,929
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2019 05/24/19 Sold $275,000 -3.5% $116 / Sq Ft
04/17/2019 04/17/19 Pending -- -- --
02/17/2019 02/17/19 For Sale $285,000 -- $120 / 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 $1,747 $271,100 $56,600 $214,500
2023 $1,731 $271,100 $56,600 $214,500
2022 $1,731 $271,100 $56,600 $214,500
2021 $1,727 $271,100 $56,600 $214,500
2020 $1,445 $183,700 $33,500 $150,200
2019 $1,438 $183,700 $33,500 $150,200
2018 $1,438 $183,700 $33,500 $150,200
2017 $1,519 $183,700 $33,500 $150,200
2016 $1,492 $183,700 $33,500 $150,200
2015 $1,509 $183,700 $33,500 $150,200
2014 $1,518 $215,730 $50,000 $165,730
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3473991

Canopy MLS (Canopy Realtor® Association)

APN: 06-006-108