NOT LISTED FOR SALE

516 Circle Trace Rd Monroe, NC 28110

Estimated Value: $580,902 - $655,000

4 Beds
3.5 Baths
3,108 Sq Ft
$197/Sq Ft Est. Value

Last Sold August 11, 2017

Last sale price $281,000 $90 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $3,534/month

4 Days on Market

Highlights

  • Open Floorplan
  • Transitional Architecture
  • Attached Garage
  • Wesley Chapel Elementary School Rated A
  • Engineered Wood Flooring
  • Breakfast Bar

About This Home

As of August 2017

Well maintained updated 2.5 story home. Spacious kitchen w/lots of cabinets, granite & tile backsplash, upgraded appliances, pantry & bar. Great room w/fp/gas logs adjoins bight sunroom w/vaulted ceiling. Formal dining & living room. Wood floors on entire main. Newer carpet on upper level w/large master BR; master bath w/tile floors, separate garden tub & shower; 2 BR's & bonus. 3rd level w/bed/bonus & full bath. Fenced yard, brick paver patio w/fire pit & large concrete patio. Backs up to woods

Last Agent to Sell the Property

Ray McDougal

Briley Burris Realty License #55512 Listed on: 07/01/2017

Last Buyer's Agent

Joe Ross

Ross Realty License #147105

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2001

Lot Details

  • 0.25

HOA Fees

  • $37 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Transitional Architecture
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • Open Floorplan
  • Gas Log Fireplace
  • Insulated Windows
  • Pull Down Stairs to Attic
  • Breakfast Bar

Flooring

  • Engineered Wood
  • Tile

Bedrooms and Bathrooms

  • Garden Bath

Utilities

  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 06-006-074

Community Details

Overview

  • Potters Trace HOA, Phone Number (704) 576-5244

Recreation

  • Community Playground
  • Trails

Home Details

Home Type

Single Family

Year Built

Built in 2001

Lot Details

0

HOA Fees

$37 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2.5 Story
  • Architectural Style: Transitional
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.97232
  • Ratio Close Price By Original Li: 0.97232
  • Ratio Current Price By Acre: 1093385.21
  • Ratio Current Price By Sq Ft: 90.41
  • Year Built: 2001
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 1305
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Total Bedrooms: 4
  • Doors and Windows: Insulated Windows
  • Equipment: Ceiling Fan(s), CO Detector, Cable Prewire, Disposal, Dishwasher, Electric Dryer Hookup, Gas Range, Ice Maker Connection, Microwave, Electric Oven
  • Fireplace Description: Gas Logs, Great Room
  • Fireplace: Yes
  • Flooring: Carpet, Prefinished Wood, Tile
  • H O A Management Phone: 704-576-5244
  • Interior Amenities: Attic Stairs Pulldown, Breakfast Bar, Cable Available, Garden Tub, Open Floorplan, Pantry, Vaulted Ceiling
  • Laundry Location: Main, Laundry Room
  • Room Count: 3
  • Main Level Sq Ft: 1369
  • Third Level Sq Ft: 434
  • Total Sq Ft: 3108
  • Sq Ft Unheated Main: 540
  • Sq Ft Unheated Total: 540

Exterior Features

  • Construction: Brick Partial, Vinyl
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Garage - 2 Car, Keypad Entry

Utilities

  • Heating: Central Air, Gas Hot Air Furnace
  • Sewer: County Sewer
  • Water: County Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Community Features: Playground, Walking Trails
  • Association Fee: 440.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Potters Trace HOA
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Lot Dimension: 81x139x83x140
  • Lot Size Area: 0.257
  • Parcel Number: 06-006-074
  • Plat Reference Section Pages: 692
  • Zoning: Residential
  • Zoning Specification: SFR

Tax Info

  • Tax Value: 218700.00
  • Tax Location: Union

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 25, 2020
Sold by
Lowrance Kathleen and Lowrance Matthew T
Bought by
Lowrance Kathleen
Current Estimated Value
$611,476

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,346
Outstanding Balance
$265,487
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$366,739

Purchase Details

Listed on
Jul 1, 2017
Closed on
Aug 11, 2017
Sold by
Spence Mary and Spence Neil
Bought by
Lowrance Kathleen and Lowrance Matthew T
Seller's Agent
Ray McDougal
Briley Burris Realty
Buyer's Agent
Joe Ross
Ross Realty
List Price
$289,000
Sold Price
$281,000
Premium/Discount to List
-$8,000
-2.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.60%
Original Mortgage
$266,950
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 29, 2016
Sold by
Gutt Eric K and Gutt Elizabeth O
Bought by
Spence Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 24, 2011
Sold by
Hayes Sadora A and Hayes Shawn E
Bought by
Gutt Elizabeth O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,200
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 6, 2003
Sold by
Deslauriers Roland E and Deslauriers Patricia
Bought by
Hayes Shawn E and Hayes Sadora A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.37%

Purchase Details

Closed on
Jul 30, 2001
Sold by
Nvr Inc
Bought by
Deslauriers Roland E and Deslauriers Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
7.1%
Source: Public Records

Range of Values:

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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
Lowrance Kathleen -- Resource Title Llc
Lowrance Kathleen $287,000 None Available
Spence Mary $270,000 None Available
Gutt Elizabeth O $160,251 None Available
Hayes Shawn E $225,000 --
Deslauriers Roland E $219,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lowrance Kathleen $294,346
Closed Lowrance Kathleen $266,950
Previous Owner Spence Mary $270,000
Previous Owner Gutt Elizabeth O $136,200
Previous Owner Hayes Shawn E $180,000
Previous Owner Deslauriers Roland E $175,000
Closed Hayes Shawn E $45,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2017 08/11/17 Sold $281,000 -2.8% $90 / Sq Ft
07/05/2017 07/05/17 Pending -- -- --
07/01/2017 07/01/17 For Sale $289,000 -- $93 / 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 $1,979 $307,100 $56,600 $250,500
2023 $1,961 $307,100 $56,600 $250,500
2022 $1,961 $307,100 $56,600 $250,500
2021 $1,956 $307,100 $56,600 $250,500
2020 $1,720 $218,700 $33,500 $185,200
2019 $1,712 $218,700 $33,500 $185,200
2018 $0 $218,700 $33,500 $185,200
2017 $1,808 $218,700 $33,500 $185,200
2016 $1,777 $218,700 $33,500 $185,200
2015 $1,796 $218,700 $33,500 $185,200
2014 $1,760 $250,120 $50,000 $200,120
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3296989

Canopy MLS (Canopy Realtor® Association)

APN: 06-006-074