NOT LISTED FOR SALE

509 Circle Trace Rd Monroe, NC 28110

Estimated Value: $532,944 - $585,000

4 Beds
2.5 Baths
2,866 Sq Ft
$193/Sq Ft Est. Value

Last Sold June 11, 2019

Last sale price $275,000 $96 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $3,264/month

6 Days on Market

Highlights

  • Open Floorplan
  • Covered patio or porch
  • Walk-In Closet
  • Wesley Chapel Elementary School Rated A
  • 2 Car Attached Garage
  • Home Security System

About This Home

As of June 2019

Don't miss this affordable home in highly desirable school district! .4 acre lot, wired storage building/workshop.
New laminate wood flooring on main level and carpet on upper level, Dishwasher and vent hood new, other appliances approx 9 months old, granite countertops, fresh interior paint, roof replaced in 2010.

Last Agent to Sell the Property

Ginny Brock

Coldwell Banker Realty Brokerage Email: ginnybrock1@gmail.com License #169764 Listed on: 05/03/2019

Coldwell Banker Realty

Last Buyer's Agent

Olga Ryadnov

Keller Williams South Park License #281275

Keller Williams South Park

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,923

Year Built

  • Built in 2001

Lot Details

  • 0.41 Acre Lot

HOA Fees

  • $18 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Great Room with Fireplace
  • Home Security System
  • Laundry Room

Kitchen

  • Electric Oven
  • Electric Range
  • Dishwasher

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Garden Bath

Outdoor Features

  • Covered patio or porch
  • Shed

Schools

  • Wesley Chapel Elementary School
  • Weddington Middle School
  • Weddington High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • Key Community Management Association, Phone Number (704) 321-1556
  • Potters Trace Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 06-006-105

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,923

Year Built

Built in 2001

Lot Details

0

HOA Fees

$18 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2001
  • Road Surface Type: Concrete, Paved
  • Unit Levels: Two
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 95.95
  • Attribution Contact: ginnybrock1@gmail.com
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Fireplace: Yes
  • Flooring: Carpet, Laminate, Vinyl
  • Interior Amenities: Attic Other, Garden Tub, Open Floorplan, Pantry, Tray Ceiling(s), Walk-In Closet(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1366
  • 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: 1500
  • Appliances: Dishwasher, Electric Oven, Electric Range, Gas Water Heater, Refrigerator
  • Above Grade Finished Sq Ft: 2866
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Great Room
  • Living Area: 2866
  • Bedroom Main: 0
  • Room Count: 14

Exterior Features

  • New Construction: No
  • Construction Type: Site Built
  • Construction Type: Brick Partial, Vinyl
  • Other Structures: Shed(s)
  • Patio And Porch Features: Covered, Front Porch

Garage/Parking

  • Main Level Garage YN: 1
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Attached Garage

Utilities

  • Heating: Central, Forced Air, Natural Gas
  • Sewer: County Sewer
  • Laundry Features: Utility Room, Main Level
  • Security: Security System
  • Water Source: County Water

Condo/Co-op/Association

  • Association Fee: 220
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Association Name: Key Community Management
  • Phone: 704-321-1556
  • Association: Yes
  • ResoAssociationFeeFrequency: Annually

Schools

  • Middle Or Junior School: Weddington
  • HOA Subject To: Required

Lot Info

  • Lot Size Area: 0.407
  • Lot Size Units: Acres
  • Parcel Number: 06-006-105
  • Lot Size Acres: 0.407
  • Lot Size Sq Ft: 17728
  • ResoLotSizeUnits: Acres
  • Zoning Specification: res

Green Features

  • Green Verification Count: 1

MLS Schools

  • Elementary School: Wesley Chapel
  • High School: Weddington

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2019
Closed on
Jun 11, 2019
Sold by
Patel Hiteshkumar H and Patel Tejal H
Bought by
Sladkov Eduarci and Sladkova Margarita
Seller's Agent
Ginny Brock
Coldwell Banker Realty
Buyer's Agent
Olga Ryadnov
Keller Williams South Park
List Price
$290,000
Sold Price
$275,000
Premium/Discount to List
-$15,000
-5.17%
Current Estimated Value
$553,986

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$278,986
Avg. Annual Appreciation
12.32%
Original Mortgage
$266,750
Outstanding Balance
$237,394
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
$316,592

Purchase Details

Closed on
Jan 5, 2011
Sold by
Potters Trace Owners Association Inc
Bought by
Patel Hiteshkumar H and Patel Tejal H

Purchase Details

Closed on
Apr 26, 2001
Sold by
Nvr Inc
Bought by
Patel Hiteshkumar H and Patel Tejal H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,425
Interest Rate
6.98%
Source: Public Records

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Range of Values:

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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
Sladkov Eduarci $275,000 Investors Title Insurance Co
Patel Hiteshkumar H $500 None Available
Patel Hiteshkumar H $207,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sladkov Eduarci $266,750
Previous Owner Patel Hiteskumar H $100,000
Previous Owner Patel Hiteshkumar H $125,425
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2019 06/11/19 Sold $275,000 -5.2% $96 / Sq Ft
05/09/2019 05/09/19 Pending -- -- --
05/03/2019 05/03/19 For Sale $290,000 0.0% $101 / Sq Ft
01/31/2018 01/31/18 Rented $1,500 -9.1% --
01/26/2018 01/26/18 Under Contract -- -- --
10/31/2017 10/31/17 For Rent $1,650 -2.9% --
07/01/2013 07/01/13 Rented $1,700 -5.6% --
06/01/2013 06/01/13 Under Contract -- -- --
04/09/2013 04/09/13 For Rent $1,800 -- --
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 $1,923 $298,400 $56,600 $241,800
2023 $1,905 $298,400 $56,600 $241,800
2022 $1,905 $298,400 $56,600 $241,800
2021 $1,901 $298,400 $56,600 $241,800
2020 $1,643 $208,900 $33,500 $175,400
2019 $1,635 $208,900 $33,500 $175,400
2018 $1,635 $208,900 $33,500 $175,400
2017 $1,727 $208,900 $33,500 $175,400
2016 $1,697 $208,900 $33,500 $175,400
2015 $1,715 $208,900 $33,500 $175,400
2014 $1,688 $239,970 $50,000 $189,970
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3503640

Canopy MLS (Canopy Realtor® Association)

APN: 06-006-105