NOT LISTED FOR SALE

509 N Lake Dr Monroe, NC 28112

Monroe Area

Estimated Value: $370,000 - $429,000

3 Beds
2 Baths
2,059 Sq Ft
$192/Sq Ft Est. Value

Sale Details

Date Sold: August 30, 2022

Last sale price $329,900 $160 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $2,297 / mo

25 Days on Market

Highlights

  • Contemporary Architecture
  • Wooded Lot
  • Separate Outdoor Workshop
  • Rock Rest Elementary School Rated A-
  • Screened Porch
  • Attached Garage

About This Home

As of August 2022

Diamond in the Rough! Great opportunity to purchase affordable home with access to Lake Monroe. Ranch/basement on large wooded cul-de-sac lot, double garage, screened porch! House in need of updating, basement is heated but not finished. HP 2013, electric range 2020, well pump 2004, water heater 2005, garage doors 2013. House is sold "as is"

Last Agent to Sell the Property

Ginny Brock

Coldwell Banker Realty License #169764 Listed on: 08/05/2022

Coldwell Banker Realty

Last Buyer's Agent

Charmaine Ebben

Estate Ventures License #303018

Estate Ventures

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

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1982

Lot Details

  • Wooded Lot
  • Zoning described as re

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • Screened Porch
  • Carpet
  • Electric Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Parking

  • Attached Garage
  • Side Facing Garage
  • Driveway

Outdoor Features

  • Separate Outdoor Workshop

Utilities

  • Heat Pump System
  • Septic Tank

Community Details

  • North Lake Subdivision

Listing and Financial Details

  • Assessor Parcel Number 09-207-004

Home Details

Home Type

Single Family

Year Built

Built in 1982

Lot Details

1.46 Acres

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary
  • Year Built: 1982
  • Ratio Current Price By Acre: 225958.90
  • Restrictions: Subdivision
  • Road Surface Type: Gravel
  • Structure Type: One Story Basement
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 160.22
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Basement, Basement Outside Entrance
  • Flooring: Carpet
  • Fixture Exception Yn: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1653
  • 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
  • Porch: Screened
  • Appliances: Electric Range
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 406
  • Living Area: 2059

Exterior Features

  • Exterior Features: Workshop
  • New Construction: No
  • Roof: Composition
  • Tax Location: No City Taxes Paid
  • Construction Type: Site Built
  • Waterfront Features: None
  • Construction Type: Brick Partial, Wood Siding

Garage/Parking

  • Main Level Garage YN: 1
  • Parking Features: Attached Garage, Driveway, Garage - 2 Car, Side Load Garage

Utilities

  • Heating: Heat Pump, Heat Pump
  • Sewer: Septic Installed
  • Water Heater: Electric
  • Laundry Features: In Garage
  • Water Source: Well

Condo/Co-op/Association

  • Hoa Subject To Dues: No

Schools

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

Lot Info

  • Lot Features: Lake Access, Wooded
  • Lot Size Units: Acres
  • Parcel Number: 09-207-004
  • Zoning Description: re
  • ResoLotSizeUnits: Acres

Tax Info

  • RATIO List Price By Tax Amount: 1.34434

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2022
Closed on
Aug 26, 2022
Sold by
Bought by
Seller's Agent
Ginny Brock
Coldwell Banker Realty
Buyer's Agent
Charmaine Ebben
Estate Ventures
List Price
$329,900
Sold Price
$329,900
Views
2
Current Estimated Value
$396,090

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,190
Avg. Annual Appreciation
4.73%
Original Mortgage
$297,000
Outstanding Balance
$280,507
Interest Rate
5.54%
Mortgage Type
New Conventional
Estimated Equity
$115,583
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$330,000 None Listed On Document
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $297,000
Previous Owner $90,000
Previous Owner $80,000
Previous Owner $80,000
Previous Owner $45,888
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/30/2022 08/30/22 Sold $329,900 0.0% $160 / Sq Ft
08/05/2022 08/05/22 For Sale $329,900 -- $160 / Sq Ft
Source: Canopy MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,438 $300,700 $70,600 $230,100
2024 $1,590 $248,900 $27,900 $221,000
2023 $1,528 $245,400 $27,900 $217,500
2022 $1,528 $245,400 $27,900 $217,500
2021 $1,555 $245,400 $27,900 $217,500
2020 $1,441 $183,510 $32,410 $151,100
2019 $1,441 $183,510 $32,410 $151,100
2018 $1,441 $183,510 $32,410 $151,100
2017 $1,534 $183,500 $32,400 $151,100
2016 $1,507 $183,510 $32,410 $151,100
2015 $1,526 $183,510 $32,410 $151,100
2014 $1,365 $193,090 $48,780 $144,310
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2022

    Ginny Brock

    Coldwell Banker Realty

    Section Image

  • C

    Buyer's Agent in 2022

    Charmaine Ebben

    Estate Ventures

    Section Image
See All Agents

Map

Source: Canopy MLS

MLS Number: 3888945

Canopy MLS

APN: 09-207-004

North Carolina Union County Monroe 28112

509 N Lake Dr, Monroe, NC

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Canopy MLS All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID
Listings courtesy of Canopy MLS as distributed by MLS GRID

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.