NOT LISTED FOR SALE

508 Walters Mill Rd Monroe, NC 28112

Estimated Value: $318,000 - $360,715

2 Beds
1.5 Baths
1,668 Sq Ft
$202/Sq Ft Est. Value

Last Sold April 17, 2023

Last sale price $280,000 $168 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $1,899/month

26 Days on Market

Highlights

  • No HOA
  • 1-Story Property
  • Central Air
  • Laundry Room
  • Four Sided Brick Exterior Elevation

About This Home

As of April 2023

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Last Agent to Sell the Property

William Pratt

Stephen Cooley Real Estate Brokerage Email: harrisonpratt@markspain.com License #334467 Listed on: 02/14/2023

Stephen Cooley Real Estate

Last Buyer's Agent

Kimberly ONeal

Coldwell Banker Realty License #308523

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,405

Year Built

  • Built in 1949

Lot Details

  • 4.15 Acre Lot
  • Property is zoned AF8

Parking

  • 2 Open Parking Spaces

Home Design

  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 1-Story Property
  • Laundry Room
  • Basement

Kitchen

  • Electric Oven
  • Electric Range

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 04-132-007-B

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,405

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1949
  • Road Surface Type: Gravel
  • Unit Levels: One
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 167.87
  • Attribution Contact: harrisonpratt@markspain.com
  • Special Features: None

Interior Features

  • Foundation Details: Basement, Other - See Remarks
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1668
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 813
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 813
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Appliances: Electric Oven, Electric Range, Electric Water Heater
  • Above Grade Finished Sq Ft: 1668
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 1668
  • Bedroom Main: 2
  • Room Count: 8
  • Sq Ft Other: 2230

Exterior Features

  • New Construction: No
  • Construction Type: Site Built
  • Construction Type: Brick Full

Garage/Parking

  • Main Level Garage YN: 0
  • Garage Yn: No
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Parking Features: Parking Space(s)

Utilities

  • Heating: Heat Pump
  • Sewer: Septic Installed
  • Laundry Features: Laundry Room
  • Cooling: Central Air
  • Utilities: Gas
  • Water Source: County Water

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Lot Size Area: 4.15
  • Lot Size Units: Acres
  • Parcel Number: 04-132-007-B
  • Lot Size Acres: 4.15
  • Lot Size Sq Ft: 180774
  • ResoLotSizeUnits: Acres
  • Zoning Specification: AF8

Green Features

  • Green Verification Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2023
Closed on
Apr 17, 2023
Sold by
Hefner James C
Bought by
Mccord Nicholas H and Mccord Jennifer
Seller's Agent
William Pratt
Stephen Cooley Real Estate
Buyer's Agent
Kimberly ONeal
Coldwell Banker Realty
List Price
$325,000
Sold Price
$280,000
Premium/Discount to List
-$45,000
-13.85%
Views
100
Current Estimated Value
$337,179

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,179
Avg. Annual Appreciation
7.65%
Original Mortgage
$266,600
Outstanding Balance
$259,258
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$77,921

Purchase Details

Listed on
Aug 17, 2017
Closed on
Nov 21, 2017
Sold by
The Bank Of New York Mellon
Bought by
Hefner James C
Seller's Agent
Gary Mitchell
Keller Williams Advantage
Buyer's Agent
Jennifer Ledford
EXP Realty LLC Ballantyne
List Price
$147,200
Sold Price
$140,000
Premium/Discount to List
-$7,200
-4.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.89%
Original Mortgage
$137,464
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 17, 2017
Sold by
Service Of Carolina Llc
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
May 1, 2007
Sold by
Butler Deborah and Tucker Deborah B
Bought by
Tucker John R

Purchase Details

Closed on
Jul 28, 2005
Sold by
Howey Franklin W
Bought by
Morrison Richard M

Purchase Details

Closed on
Jan 7, 2004
Sold by
Butler Deborah B and Tucker John R
Bought by
Butler Deborah B and Tucker John R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
8.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 26, 2001
Sold by
Thomas Emory N and Thomas Jackie L
Bought by
Tucker John R and Tucker Deborah B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
7.08%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 11, 2000
Sold by
Thomas Emory N and Thomas Jackie L
Bought by
Howey Franklin W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,000
Interest Rate
8.11%
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
Mccord Nicholas H $280,000 None Listed On Document
Hefner James C $140,000 None Available
The Bank Of New York Mellon $154,000 None Available
Tucker John R $10,000 None Available
Morrison Richard M $309,500 --
Butler Deborah B -- Title South Llc
Tucker John R $155,000 --
Howey Franklin W $129,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccord Nicholas H $266,600
Previous Owner Hefner James C $137,464
Previous Owner Butler Deborah B $132,000
Previous Owner Tucker John R $130,000
Previous Owner Howey Franklin W $131,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/17/2023 04/17/23 Sold $280,000 -6.7% $168 / Sq Ft
03/13/2023 03/13/23 Pending -- -- --
03/08/2023 03/08/23 Price Changed $300,000 -4.8% $180 / Sq Ft
02/25/2023 02/25/23 Price Changed $315,000 -3.1% $189 / Sq Ft
02/14/2023 02/14/23 For Sale $325,000 +132.1% $195 / Sq Ft
12/19/2017 12/19/17 Sold $140,000 -4.9% $59 / Sq Ft View Prior Sale
10/27/2017 10/27/17 Pending -- -- --
08/17/2017 08/17/17 For Sale $147,200 -- $62 / 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 $1,405 $220,000 $45,200 $174,800
2023 $1,370 $220,000 $45,200 $174,800
2022 $1,370 $220,000 $45,200 $174,800
2021 $1,394 $220,000 $45,200 $174,800
2020 $1,110 $140,090 $36,390 $103,700
2019 $1,124 $140,090 $36,390 $103,700
2018 $1,124 $140,090 $36,390 $103,700
2017 $1,194 $140,100 $36,400 $103,700
2016 $1,174 $140,090 $36,390 $103,700
2015 $1,188 $140,090 $36,390 $103,700
2014 $1,102 $153,930 $48,680 $105,250
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3940962

Canopy MLS (Canopy Realtor® Association)

APN: 04-132-007-B