NOT LISTED FOR SALE

505 Heather Place Monroe, NC 28112

Estimated Value: $491,000 - $706,562

4 Beds
3 Baths
3,210 Sq Ft
$195/Sq Ft Est. Value

Last Sold August 27, 2021

Last sale price $545,000 $170 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $3,488/month

3 Days on Market

Highlights

  • In Ground Pool
  • Transitional Architecture
  • Wood Flooring
  • Open Floorplan
  • Cathedral Ceiling
  • Attached Garage

About This Home

As of August 2021

Paradise exists and it is located near downtown Monroe, with an easy commute uptown (thanks Bypass), nestled on a cul-de-sac with almost an acre lot! Your own personal oasis contains an open floor plan, saltwater pool, ample storage space, and owner's closet you could live in! Downstairs of the main house boasts hardwood floors, 2 story great room w/ gas logs, guest suite with gorgeous coffered ceilings AND walk in closet. Kitchen includes new stainless steel appliances, granite countertops, and dining area overlooking the backyard. Upstairs includes two sizable bedrooms plus primary suite, with built-ins, soaking tub, tiled shower, and custom walk in closet space! Home includes attached side loading 2 car garage with additional detached 2 car garage with bonus room, perfect for a game room or storage! This is all accessible from the screened in porch which leads to the expansive patio, spa/pool combo all overlooking the totally fenced in yard.

Last Agent to Sell the Property

Leigh Bryant

COMPASS License #212609 Listed on: 07/15/2021

COMPASS

Last Buyer's Agent

Landon House

Keller Williams Unified License #311561

Keller Williams Unified

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2007

Lot Details

  • Open Lot
  • Many Trees

HOA Fees

  • $3 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Transitional Architecture
  • Slab Foundation

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Tray Ceiling
  • Cathedral Ceiling
  • Gas Log Fireplace
  • Pull Down Stairs to Attic

Kitchen

  • Oven
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • 3 Full Bathrooms
  • Garden Bath

Outdoor Features

  • In Ground Pool
  • Fire Pit

Utilities

  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 04-195-077

Home Details

Home Type

Single Family

Year Built

Built in 2007

Lot Details

0

HOA Fees

$3 per month

Parking

4

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Architectural Style: Transitional
  • Construction Status: Complete
  • Ratio Close Price By List Price: 1.10772
  • Ratio Close Price By Original Li: 1.10772
  • Ratio Current Price By Acre: 605555.56
  • Ratio Current Price By Sq Ft: 169.78
  • Year Built: 2007
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 1603
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 4
  • Equipment: Ceiling Fan(s), Dishwasher, Electric Oven, Microwave, Oven
  • Fireplace Description: Gas Logs, Great Room, Propane
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Attic Stairs Pulldown, Cathedral Ceiling(s), Garden Tub, Kitchen Island, Open Floorplan, Pantry, Tray Ceiling, Walk-In Closet(s)
  • Laundry Location: Upper, Laundry Room
  • Room Count: 3
  • Second Living Quarters Hla: 737
  • Main Level Sq Ft: 1607
  • Total Sq Ft: 3210

Exterior Features

  • Construction: Brick Partial
  • Construction Type: Site Built
  • Exterior Features: Fire pit, Pool-In-Ground

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Detached Garage, Driveway, Garage - 4+ Car, Side Load Garage

Utilities

  • Heating: Central Air, Heat Pump - Heat
  • Sewer: Septic Installed
  • Water: County Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee: 40.00
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Voluntary

Lot Info

  • Lot Features: Cul-de-sac Lot, Open Lot, Trees
  • Parcel Number: 04-195-077
  • Plat Reference Section Pages: 733
  • Zoning Specification: res

Tax Info

  • Tax Value: 296600.00
  • Tax Location: Monroe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2021
Closed on
Aug 26, 2021
Sold by
Buchanan Randy A and Buchanan Robin W
Bought by
Furness Steven James and Furness Shannon
Seller's Agent
Leigh Bryant
COMPASS
Buyer's Agent
Landon House
Keller Williams Unified
List Price
$492,000
Sold Price
$545,000
Premium/Discount to List
$53,000
10.77%
Current Estimated Value
$625,391

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,391
Avg. Annual Appreciation
3.17%
Original Mortgage
$436,000
Outstanding Balance
$394,124
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$231,267

Purchase Details

Closed on
Jul 31, 2015
Sold by
Walker Michael D and Walker Alicia
Bought by
Buchanan Randy A and Buchanan Robin W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$282,487
Interest Rate
4.04%
Mortgage Type
VA

Purchase Details

Closed on
Jan 18, 2010
Sold by
Miller Mark
Bought by
Walker Michael D and Walker Alicia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,640
Interest Rate
4.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 27, 2007
Sold by
Pinnacle Homes Usa Llc
Bought by
Miller Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$277,875
Interest Rate
6.65%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 16, 2007
Sold by
Gordon Sara S and Gordon James E
Bought by
Pinnacle Homes Usa Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.08%
Mortgage Type
Construction
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.

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

Purchase History

Date Buyer Sale Price Title Company
Furness Steven James $545,000 None Available
Buchanan Randy A $310,000 Investors Title
Walker Michael D $176,000 None Available
Miller Mark $292,500 None Available
Pinnacle Homes Usa Llc $24,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Furness Steven James $436,000
Previous Owner Buchanan Randy A $282,487
Previous Owner Walker Michael D $140,640
Previous Owner Miller Mark $277,875
Previous Owner Pinnacle Homes Usa Llc $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/27/2021 08/27/21 Sold $545,000 +10.8% $170 / Sq Ft
07/18/2021 07/18/21 Pending -- -- --
07/15/2021 07/15/21 For Sale $492,000 -- $153 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $2,848 $630,800 $0 $0
2024 $2,692 $440,700 $57,400 $383,300
2023 $2,636 $433,600 $57,400 $376,200
2022 $2,636 $433,600 $57,400 $376,200
2021 $2,643 $433,600 $57,400 $376,200
2020 $2,318 $296,580 $22,980 $273,600
2019 $2,268 $296,580 $22,980 $273,600
2018 $2,268 $296,580 $22,980 $273,600
2017 $2,416 $296,600 $23,000 $273,600
2016 $2,199 $277,480 $22,980 $254,500
2015 $2,217 $277,480 $22,980 $254,500
2014 $1,979 $343,380 $29,480 $313,900
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3762404

Canopy MLS (Canopy Realtor® Association)

APN: 04-195-077