NOT LISTED FOR SALE

518 Circle Trace Rd Monroe, NC 28110

Estimated Value: $436,000 - $497,000

4 Beds
2.5 Baths
2,308 Sq Ft
$206/Sq Ft Est. Value

Last Sold December 02, 2020

Last sale price $302,000 $131 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $2,778/month

4 Days on Market

Highlights

  • Private Lot
  • Wooded Lot
  • Engineered Wood Flooring
  • Wesley Chapel Elementary School Rated A
  • Transitional Architecture
  • Attic

About This Home

As of December 2020

Welcome to this well maintained home on a premier wooded & private lot located in the Wesley Chapel township. Great ext curb appeal w/rocking chair front porch. 9' smooth ceilings, HW flooring, generous trim & moldings on the main level. Spacious DR w/picture frame molding & chair rail. Large GR w/fireplace & ceiling fan. Gourmet kitchen w/42" cabinets, island, granite countertops, tile backsplash, adjoining breakfast room and built-in planning desk. Large master bedrm w/trey ceiling & walk-in closet. Nice size master bath w/separate tub/shower combo, beautiful tile floor & bead boarding. Spacious secondary bedrms w/plenty of closet space. Bedrm 4 could be a bonus room. Upstairs walk-in laundry room w/closet & a good size walk-in attic for storage. Some new int paint. Garage w/storage cabinetry & shelving. Beautiful back yard w/rear patio & gazebo. Lots of features and value in this home within minutes to all that Wesley Chapel has to offer...shopping, dining & Weddington schools.

Last Agent to Sell the Property

Carl Richmond

Allen Tate Charlotte South License #106332 Listed on: 10/29/2020

Allen Tate Charlotte South

Co-Listed By

Cindy Ransone

NextHome Paramount License #178197

Last Buyer's Agent

Christy Lewis

NextHome Paramount License #173005

NextHome Paramount

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2001

Lot Details

  • Private Lot
  • Wooded Lot
  • Many Trees

HOA Fees

  • $39 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Transitional Architecture
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • Tray Ceiling
  • Gas Log Fireplace
  • Pull Down Stairs to Attic
  • Kitchen Island

Flooring

  • Engineered Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • Walk-In Closet
  • Garden Bath

Listing and Financial Details

  • Assessor Parcel Number 06-006-075

Community Details

Overview

  • Key Management Association, Phone Number (704) 321-1556
  • Built by Ryan

Recreation

  • Community Playground
  • Trails

Home Details

Home Type

Single Family

Year Built

Built in 2001

Lot Details

0

HOA Fees

$39 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Architectural Style: Transitional
  • Ratio Close Price By List Price: 1.09818
  • Ratio Close Price By Original Li: 1.09818
  • Ratio Current Price By Acre: 1222672.06
  • Ratio Current Price By Sq Ft: 130.85
  • Year Built: 2001
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 1302
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 4
  • Equipment: Cable Prewire, Ceiling Fan(s), Dishwasher, Disposal, Electric Dryer Hookup, Electric Oven, Electric Range, Ice Maker Connection, Microwave
  • Fireplace Description: Gas Logs, Great Room
  • Fireplace: Yes
  • Flooring: Carpet, Prefinished Wood, Tile, Vinyl
  • H O A Management Phone: 704-321-1556
  • Interior Amenities: Attic Stairs Pulldown, Attic Walk-in, Garden Tub, Kitchen Island, Pantry, Tray Ceiling, Walk-In Closet(s)
  • Laundry Location: Upper
  • Room Count: 2
  • Sq Ft Additional: 359
  • Main Level Sq Ft: 1006
  • Total Sq Ft: 2308

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Garage - 2 Car, Parking Space - 4+

Utilities

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

Condo/Co-op/Association

  • Community Features: Playground, Walking Trails
  • Association Fee: 470.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Key Management
  • Hoa Subject To Dues: Mandatory

Schools

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

Lot Info

  • Lot Dimension: 86x143x70x139
  • Lot Features: Private, Trees, Wooded
  • Lot Size Area: 0.247
  • Parcel Number: 06-006-075
  • Zoning Specification: AL8

Building Info

  • Builder Name: Ryan

Tax Info

  • Tax Value: 184600.00
  • Tax Location: Wesley Chapel

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2020
Closed on
Dec 2, 2020
Sold by
Watts Jeffrey B and Watts Kristie H
Bought by
Bergstrom Clayton Richard and Bergstrom Amy
Seller's Agent
Carl Richmond
Allen Tate Charlotte South
Buyer's Agent
Christy Lewis
NextHome Paramount
List Price
$275,000
Sold Price
$302,000
Premium/Discount to List
$27,000
9.82%
Current Estimated Value
$475,725

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$173,725
Avg. Annual Appreciation
9.22%
Original Mortgage
$253,300
Outstanding Balance
$228,465
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$230,295

Purchase Details

Closed on
Jul 27, 2001
Sold by
Nvr Inc
Bought by
Watts Jeffrey B and Watts Kirstie H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,850
Interest Rate
7.08%
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
Bergstrom Clayton Richard $298,000 None Available
Watts Jeffrey B $195,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bergstrom Clayton Richard $253,300
Previous Owner Watts Jeffrey B $151,000
Previous Owner Watts Jeffery B $178,295
Previous Owner Watts Jeffrey B $20,000
Previous Owner Watts Jeffrey B $175,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/02/2020 12/02/20 Sold $302,000 +9.8% $131 / Sq Ft
11/02/2020 11/02/20 Pending -- -- --
10/29/2020 10/29/20 For Sale $275,000 -- $119 / 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 $1,747 $271,200 $56,600 $214,600
2023 $1,731 $271,200 $56,600 $214,600
2022 $1,731 $271,200 $56,600 $214,600
2021 $1,728 $271,200 $56,600 $214,600
2020 $1,452 $184,600 $33,500 $151,100
2019 $1,445 $184,600 $33,500 $151,100
2018 $1,445 $184,600 $33,500 $151,100
2017 $1,526 $184,600 $33,500 $151,100
2016 $1,500 $184,600 $33,500 $151,100
2015 $1,516 $184,600 $33,500 $151,100
2014 $1,510 $214,700 $50,000 $164,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3677346

Canopy MLS (Canopy Realtor® Association)

APN: 06-006-075