NOT LISTED FOR SALE

505 Monarch Rd Hendersonville, NC 28739

Estimated Value: $798,666 - $941,000

3 Beds
2 Baths
2,114 Sq Ft
$419/Sq Ft Est. Value

Last Sold August 19, 2019

Last sale price $495,000 $234 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $5,257/month

27 Days on Market

Highlights

  • Gated Community
  • Pond
  • Arts and Crafts Architecture
  • Etowah Elementary School Rated A-
  • Wooded Lot
  • Engineered Wood Flooring

About This Home

As of August 2019

Lovely Craftsman Cottage shows almost like new! Sitting on a mountain top in forested Fox Run Preserve w/ easy access to schools, shopping & abundant natural beauty! Country living w/ views from every window! Just 10 min. away from Publix, Steinmart & Fresh Market, & 10 minutes to shopping & fine dining in Historic Downtown Hendersonville. Front & back decks for watching the rich hues of a morning sunrise & majestic sunsets. Common areas include an “alluring” fishing pond & pretty park offering picnic grounds w/ stone fire pit surrounded by comfortable seating for a gathering crowd. Popular Open Concept - kitchen, dining area & great room all enjoy the warm glow OF gas fireplace. All the latest designer features + oversized master suite including his & hers bath & 2 large closets! Separate flex-space could be an office or dining room, split bedroom plan w/ 2 guest bedrooms & bath. Adjoining the kitchen is the oversized pantry/utility room. All ready and waiting for you to enjoy!

Last Agent to Sell the Property

Nancy Oberlies

Allen Tate/Beverly-Hanks Hendersonville License #253893 Listed on: 06/07/2019

Allen Tate/Beverly-Hanks Hendersonville

Last Buyer's Agent

Alice Cochran

Berkshire Hathaway HomeServices License #63608

Berkshire Hathaway HomeServices

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2017

Lot Details

  • Level Lot
  • Wooded Lot

HOA Fees

  • $180 Monthly HOA Fees

Parking

  • Attached Garage
  • Brick Driveway

Home Design

  • Arts and Crafts Architecture

Interior Spaces

  • 2 Full Bathrooms
  • Tray Ceiling
  • Gas Log Fireplace
  • Crawl Space

Flooring

  • Engineered Wood
  • Tile

Outdoor Features

  • Pond

Utilities

  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 1007552

Community Details

Overview

  • Ipm Association

Recreation

  • Trails

Security

  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 2017

Lot Details

0

HOA Fees

$180 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Arts and Crafts
  • Ratio Close Price By List Price: 0.99198
  • Ratio Close Price By Original Li: 0.97059
  • Ratio Current Price By Acre: 500000.00
  • Ratio Current Price By Sq Ft: 234.15
  • Year Built: 2017
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Equipment: Ceiling Fan(s), Cooktop Gas, Dishwasher, Gas Range, Microwave, Refrigerator, Natural Gas, Gas Oven
  • Fireplace Description: Gas Logs
  • Fireplace: Yes
  • Flooring: Carpet, Prefinished Wood, Tile, Wood
  • Interior Amenities: Cable Available, Pantry, Tray Ceiling
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 2114
  • Total Sq Ft: 2114
  • Sq Ft Unheated Main: 609
  • Sq Ft Unheated Total: 609

Exterior Features

  • Construction: Fiber Cement
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Brick
  • Parking: Attached Garage, Garage - 2 Car

Utilities

  • Heating: Central Air, Gas Hot Air Furnace, Heat Pump - AC
  • Sewer: Septic Installed
  • Water: City Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Community Features: Gated Community, Pond, Security, Walking Trails
  • Association Fee: 540.00
  • Association Fee Frequency: Quarterly
  • HOA Management Company: IPM
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Etowah
  • Middle School: Flat Rock
  • High School: East Henderson

Lot Info

  • Lot Features: Level, Sloping, Winter View, Wooded
  • Lot Size Area: 0.990
  • Parcel Number: 1007552
  • Plat Book Slide: SLD 6767B
  • Zoning Specification: R2R

Tax Info

  • Tax Value: 382000.00
  • Tax Location: Henderson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 31, 2023
Sold by
Ann Preston Marsha and Sullivan Kenneth
Bought by
Kenneth Sullivan Suddreth And Marsha Ann Pres and Suddreth
Current Estimated Value
$885,917

Purchase Details

Listed on
Jun 7, 2019
Closed on
Aug 16, 2019
Sold by
Rudder Cathleen D
Bought by
Preston Marsha Ann and Suddreth Kenneth Sullivan
Seller's Agent
Nancy Oberlies
Allen Tate/Beverly-Hanks Hendersonville
Buyer's Agent
Alice Cochran
Berkshire Hathaway HomeServices
List Price
$510,000
Sold Price
$495,000
Premium/Discount to List
-$15,000
-2.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.08%
Original Mortgage
$199,000
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 14, 2017
Sold by
Biltmore Farms Homes Llc
Bought by
Rudder Cathleen D Trustee and Rudder Cathleen D Rev Tr

Purchase Details

Closed on
Feb 29, 2008
Sold by
Not Provided
Bought by
Biltmore Farms Homes Llc A Nc

Purchase Details

Closed on
Nov 8, 2005
Sold by
Not Provided
Bought by
Biltmore Farms Homes Llc A Nc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Kenneth Sullivan Suddreth And Marsha Ann Pres -- None Listed On Document
Preston Marsha Ann $495,000 --
Rudder Cathleen D Trustee $469,000 --
Biltmore Farms Homes Llc A Nc $1,339,000 --
Biltmore Farms Homes Llc A Nc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Preston Marsha Ann $199,000
Previous Owner Rudder Cathleen D Trustee $435,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2019 08/19/19 Sold $495,000 -0.8% $234 / Sq Ft
07/04/2019 07/04/19 Pending -- -- --
06/24/2019 06/24/19 Price Changed $499,000 -2.2% $236 / Sq Ft
06/07/2019 06/07/19 For Sale $510,000 -- $241 / 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 $3,438 $659,800 $99,000 $560,800
2024 $3,438 $659,800 $99,000 $560,800
2023 $3,438 $659,800 $99,000 $560,800
2022 $3,022 $457,200 $68,800 $388,400
2021 $3,022 $457,200 $68,800 $388,400
2020 $3,022 $457,200 $0 $0
2019 $3,026 $457,800 $0 $0
2018 $2,521 $66,800 $0 $0
2017 $441 $66,800 $0 $0
2016 $441 $66,800 $0 $0
2015 -- $66,800 $0 $0
2014 -- $89,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3516472

Canopy MLS (Canopy Realtor® Association)

APN: 1007552