NOT LISTED FOR SALE

5016 Lancaster Hwy Monroe, NC 28112

Estimated Value: $488,000 - $546,000

3 Beds
3 Baths
2,358 Sq Ft
$222/Sq Ft Est. Value

Last Sold September 29, 2023

Last sale price $495,000 $210 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,922/month

1 Day on Market

Highlights

  • Open Floorplan
  • Vaulted Ceiling
  • Wrap Around Porch
  • Cape Cod Architecture
  • Wood Flooring
  • Double Oven

About This Home

As of September 2023

Coming home to this log cabin would make every day feel like a vacation! The mature hardwoods, charming garden areas, and three-sided wrap around porch look like this home is straight out of a magazine! Featuring pine floors, exposed beams, a stone fireplace, skylights, and a cathedral ceiling! Cozy sunroom overlooks fenced backyard and the neighbor's silos for added character! Two bedrooms and full bath on the main level; primary suite tucked away upstairs along with an additional room and full bath, sitting room, and loft area open to living room below. Expanded parking area, fenced backyard, and cute outbuilding! An established vegetable garden area, blueberry and blackberry bushes, a fig and an apple tree, and a muscadine grape vine! Conveniently located to Monroe, Lancaster, and Waxhaw!

Last Agent to Sell the Property

Katie Kane

Bloom Real Estate Group License #101349 Listed on: 08/30/2023

Last Buyer's Agent

Tara Cooke

Hawkins Realty Inc. License #65291

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,987

Year Built

  • Built in 1989

Lot Details

  • Lot Dimensions are 170 x 299 x 156 x 226
  • Back Yard Fenced
  • Level Lot
  • Property is zoned RA40

Home Design

  • Cape Cod Architecture
  • Rustic Architecture
  • Wood Siding
  • Log Siding

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Pocket Doors
  • Living Room with Fireplace
  • Crawl Space
  • Laundry Room

Kitchen

  • Double Oven
  • Electric Oven
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • Walk-In Closet
  • 3 Full Bathrooms

Parking

  • Driveway
  • 4 Open Parking Spaces

Outdoor Features

  • Wrap Around Porch
  • Fire Pit
  • Shed

Schools

  • Prospect Elementary School
  • Parkwood Middle School
  • Parkwood High School

Utilities

  • Central Air
  • Heat Pump System
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 04-279-038-D

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,987

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cape Cod, Rustic
  • Year Built: 1989
  • Road Surface Type: Gravel, Paved
  • Unit Levels: Two
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 209.92
  • Bedroom Lower: 0
  • Geocode Confidence: High
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Flooring: Tile, Vinyl, Wood
  • Interior Amenities: Kitchen Island, Open Floorplan, Pantry, Vaulted Ceiling(s), Walk-In Closet(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1570
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 788
  • Appliances: Dishwasher, Double Oven, Electric Oven, Microwave
  • Above Grade Finished Sq Ft: 2358
  • Basement YN: No
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Door Features: Pocket Doors
  • Fireplace Features: Living Room, Wood Burning
  • Living Area: 2358
  • Window Features: Skylight(s)
  • Bedroom Main: 2
  • Bedroom Basement: 0
  • Bedroom Third: 0

Exterior Features

  • Exterior Features: Fire Pit
  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Fencing: Back Yard
  • Construction Type: Log, Wood
  • Other Structures: Shed(s)
  • Patio And Porch Features: Covered, Wrap Around

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Parking Features: Driveway

Utilities

  • Heating: Electric, Heat Pump
  • Sewer: Septic Installed
  • Laundry Features: Laundry Room, Main Level
  • Security: Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air
  • Utilities: Electricity Connected
  • Water Source: County Water

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Parkwood
  • HOA Subject To: None

Lot Info

  • Lot Features: Orchard(s), Level
  • Lot Size Units: Acres
  • Parcel Number: 04-279-038-D
  • Plat Reference Section Pages: 221
  • Lot Size: 170 x 299 x 156 x 226
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RA40

MLS Schools

  • Elementary School: Prospect
  • High School: Parkwood

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2023
Closed on
Sep 29, 2023
Sold by
Cook Kimberly and Cook Larry
Bought by
Flynn Kimberly Danielle
Seller's Agent
Katie Kane
Bloom Real Estate Group
Buyer's Agent
Tara Cooke
Hawkins Realty Inc.
List Price
$500,000
Sold Price
$495,000
Premium/Discount to List
-$5,000
-1%
Views
40
Current Estimated Value
$523,926

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,926
Avg. Annual Appreciation
2.77%
Original Mortgage
$480,150
Outstanding Balance
$470,655
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$53,271

Purchase Details

Listed on
May 17, 2019
Closed on
Jul 23, 2019
Sold by
Brown Heather A
Bought by
Cook Larry and Cook Kimberly
Seller's Agent
Nicole Leodis
JET Realty Carolinas
Buyer's Agent
Nicole Leodis
JET Realty Carolinas
List Price
$295,000
Sold Price
$255,000
Premium/Discount to List
-$40,000
-13.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.29%
Original Mortgage
$30,000
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 23, 2017
Closed on
Jul 28, 2017
Sold by
Bothwell David H and Bothwell Janice K
Bought by
Brown Heather A
Seller's Agent
Charles Lamere
CTL Properties LLC
Buyer's Agent
Mitchell Herkert
NorthGroup Real Estate LLC
List Price
$274,900
Sold Price
$252,755
Premium/Discount to List
-$22,145
-8.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.44%
Original Mortgage
$247,435
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 9, 2016
Sold by
The Bank Of New York Mellon
Bought by
Bothwell David H and Bothwell Janice K

Purchase Details

Closed on
May 24, 2006
Sold by
Wells Fargo Bank Na
Bought by
Miles Jason and Miles Deborah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,575
Interest Rate
6.87%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 14, 2005
Sold by
Lowery Christopher and Heeter Tammy
Bought by
Wells Fargo Bank Na and Certificateholders Of Asset Backed Pass

Purchase Details

Closed on
Aug 27, 2001
Sold by
Griffin Snyder and Griffin Dawn W
Bought by
Lowery Christopher and Heeter Tammy

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
7.02%

Purchase Details

Closed on
May 30, 2001
Sold by
Heeter Dennis S
Bought by
Heeter Tammy S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.11%

Purchase Details

Closed on
May 24, 2001
Sold by
Walters C Ingram
Bought by
Snyder Lowery Christopher and Snyder Griffin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.11%

Purchase Details

Closed on
Feb 6, 2001
Sold by
Bank Of America
Bought by
Walters C Ingram

Purchase Details

Closed on
Aug 9, 2000
Sold by
Jeffries Brian D and Jeffries Lynne A
Bought by
Bank Of America

Purchase Details

Closed on
Jun 23, 2000
Sold by
Jeffries Lynne
Bought by
Jeffries Brian Drake
Source: Public Records

Range of Values:

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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Flynn Kimberly Danielle -- None Listed On Document
Cook Larry $255,000 None Available
Brown Heather A $252,000 None Available
Bothwell David H $117,000 None Available
Miles Jason $158,500 None Available
Wells Fargo Bank Na $237,015 --
Lowery Christopher -- --
Heeter Tammy S -- --
Snyder Lowery Christopher $72,500 --
Walters C Ingram $68,000 --
Bank Of America $97,065 --
Jeffries Brian Drake -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flynn Kimberly Danielle $480,150
Previous Owner Cook Larry $30,000
Previous Owner Brown Heather A $247,435
Previous Owner Miles Jason $150,575
Previous Owner Lowery Christopher $140,000
Previous Owner Snyder Lowery Christopher $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/29/2023 09/29/23 Sold $495,000 -1.0% $210 / Sq Ft
08/31/2023 08/31/23 Pending -- -- --
08/30/2023 08/30/23 For Sale $500,000 +96.1% $212 / Sq Ft
08/02/2019 08/02/19 Sold $255,000 -10.5% $102 / Sq Ft View Prior Sale
06/15/2019 06/15/19 Pending -- -- --
06/12/2019 06/12/19 Price Changed $285,000 -3.4% $115 / Sq Ft
05/17/2019 05/17/19 For Sale $295,000 +16.7% $119 / Sq Ft
07/28/2017 07/28/17 Sold $252,755 -8.1% $100 / Sq Ft View Prior Sale
06/06/2017 06/06/17 Pending -- -- --
03/23/2017 03/23/17 For Sale $274,900 0.0% $109 / Sq Ft
10/01/2012 10/01/12 Rented $1,000 -25.9% --
09/01/2012 09/01/12 Under Contract -- -- --
08/07/2012 08/07/12 For Rent $1,350 0.0% --
08/01/2012 08/01/12 Rented $1,350 0.0% --
07/02/2012 07/02/12 Under Contract -- -- --
06/16/2012 06/16/12 For Rent $1,350 -- --
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 $1,987 $309,000 $25,200 $283,800
2023 $1,960 $309,000 $25,200 $283,800
2022 $1,960 $309,000 $25,200 $283,800
2021 $1,947 $309,000 $25,200 $283,800
2020 $1,616 $209,630 $16,130 $193,500
2019 $1,648 $209,630 $16,130 $193,500
2018 $1,648 $209,630 $16,130 $193,500
2017 $1,756 $209,600 $16,100 $193,500
2016 $1,603 $197,830 $16,130 $181,700
2015 $1,630 $197,830 $16,130 $181,700
2014 $1,409 $202,290 $34,860 $167,430
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4063945

Canopy MLS (Canopy Realtor® Association)

APN: 04-279-038-D