NOT LISTED FOR SALE

503 Arcadia Ln Monroe, NC 28112

Estimated Value: $673,000 - $683,689

3 Beds
2.5 Baths
2,984 Sq Ft
$228/Sq Ft Est. Value

Last Sold November 23, 2022

Last sale price $615,000 $206 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,843/month

10 Days on Market

Highlights

  • Open Floorplan
  • Wooded Lot
  • Ranch Style House
  • Deck
  • Vaulted Ceiling
  • Wine Refrigerator

About This Home

As of November 2022

Take advantage of this shift while you can. DREAM HOME AND WORKSHOP!!! Fully Renovated & Updated with ALL NEW Luxury Appliances, Flooring, Tile, Fixtures, Paint & much more. So much value in this property! You just have to see it all for yourself. Enjoy the Serenity! Sip your wine or coffee on your back deck with Stunning Water Views. Or, Soak it all in from your rocking chair front porch while listening to the birds & wildlife play. Need second Living qtrs? Over 1000 sqft of move in ready, apartment style living space above the 2400+ sqft 4 Bay garage! (Totaling 6 GARAGE DOORS) The Business Owner/Hobbyist dream come true. The Entire Detached Garage is heated & cooled with a FULL bathroom w/shower on the Main Level, AND Full private bathroom upstairs in living Qtrs. Cul-de-sac Private lot in a Wonderful Neighborhood with a full circle paved driveway on 2.5 acres! Yes-High Speed Internet is Available!

Last Agent to Sell the Property

Eric Storey

Blue Collar Realty LLC License #288601 Listed on: 10/20/2022

Co-Listed By

Kelly Horton

Blue Collar Realty LLC License #313696

Last Buyer's Agent

Matthew Keefe

EXP Realty LLC Ballantyne License #143733

EXP Realty LLC Ballantyne

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1987

Lot Details

  • Cul-De-Sac
  • Wooded Lot
  • Zoning described as Ra-40

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • 2,984 Sq Ft Home
  • Open Floorplan
  • Vaulted Ceiling
  • Propane Fireplace
  • Crawl Space
  • Laundry Room

Kitchen

  • Gas Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • Garage
  • Workshop in Garage

Outdoor Features

  • Deck
  • Separate Outdoor Workshop
  • Front Porch

Schools

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

Utilities

  • Heat Pump System
  • Septic Tank

Additional Features

  • Ramp on the main level
  • Separate Entry Quarters

Listing and Financial Details

  • Assessor Parcel Number 04-114-065

Home Details

Home Type

Single Family

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Year Built: 1987
  • Ratio Current Price By Acre: 246000.00
  • Second Living Quarters: Exterior Not Connected,Room w/ Private Bath,Separate Entrance,Separate Living Quarters,Upper Level Garage
  • Road Surface Type: Asphalt
  • Structure Type: One Story
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 206.10
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Flooring: Laminate, Tile
  • Interior Amenities: Garage Shop, Kitchen Island, Open Floorplan, Vaulted Ceiling
  • Fixture Exception Yn: 0
  • Sq Ft Additional: 1093
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1891
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Second Living Quarters Hla: 1093
  • Porch: Deck,Front
  • Appliances: Dishwasher, Exhaust Hood, Gas Range, Microwave, Propane Cooktop, Refrigerator, Wine Refrigerator
  • Accessibility Features: Ramp(s)-Main Level
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Propane
  • Living Area: 2984
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Half Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 1

Exterior Features

  • Exterior Features: Auto Shop, Workshop
  • New Construction: No
  • Roof: Shingle
  • Tax Location: No City Taxes Paid
  • Construction Type: Site Built
  • Water Body Name: Pond
  • Construction Type: Brick

Garage/Parking

  • Main Level Garage YN: 1
  • Parking Features: Attached Garage, Detached, Garage - 2 Car, Garage - 4+ Car

Utilities

  • Heating: Heat Pump, Heat Pump
  • Sewer: Septic Installed
  • Water Heater: Electric
  • Laundry Features: Main Level, Laundry Room
  • Water Source: Well

Schools

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

Lot Info

  • Lot Features: Cul-De-Sac, Water View, Wooded
  • Lot Size Units: Acres
  • Parcel Number: 04-114-065
  • Zoning Description: Ra-40
  • ResoLotSizeUnits: Acres

Tax Info

  • RATIO List Price By Tax Amount: 1.62884

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Prospect
  • High School: Parkwood

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2022
Closed on
Nov 17, 2022
Sold by
Blue Collar Homes Llc
Bought by
Cartier Kirby and Cartier Christopher Kirby
Seller's Agent
Eric Storey
Blue Collar Realty LLC
Buyer's Agent
Matthew Keefe
EXP Realty LLC Ballantyne
List Price
$689,000
Sold Price
$615,000
Premium/Discount to List
-$74,000
-10.74%
Views
11
Current Estimated Value
$679,922

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,922
Avg. Annual Appreciation
3.27%
Original Mortgage
$584,250
Outstanding Balance
$565,404
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$114,518

Purchase Details

Closed on
Aug 25, 1999
Sold by
Plyler Dewey Alan and Plyler Miriam S
Bought by
Hinote Lloyd H and Hinote Rene G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,425
Interest Rate
7.58%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Cartier Kirby $615,000 --
Hinote Lloyd H $161,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cartier Kirby $584,250
Previous Owner Hinote Lloyd H $153,425
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/23/2022 11/23/22 Sold $615,000 +2.5% $206 / Sq Ft
10/31/2022 10/31/22 Pending -- -- --
10/29/2022 10/29/22 Price Changed $599,900 -12.9% $201 / Sq Ft
10/20/2022 10/20/22 For Sale $689,000 -- $231 / 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
2025 $3,451 $721,700 $0 $0
2024 $3,199 $500,800 $34,500 $466,300
2023 $3,119 $500,800 $34,500 $466,300
2022 $2,294 $368,300 $34,500 $333,800
2021 $2,333 $368,300 $34,500 $333,800
2020 $2,068 $269,200 $25,500 $243,700
2019 $2,068 $269,200 $25,500 $243,700
2018 $2,068 $269,200 $25,500 $243,700
2017 $2,202 $269,200 $25,500 $243,700
2016 $2,163 $269,200 $25,500 $243,700
2015 $2,190 $269,200 $25,500 $243,700
2014 $2,066 $298,820 $41,250 $257,570
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3914919

Canopy MLS (Canopy Realtor® Association)

APN: 04-114-065