NOT LISTED FOR SALE

518 Ridge Rd Monroe, NC 28110

Estimated Value: $376,293 - $398,000

3 Beds
2 Baths
1,462 Sq Ft
$267/Sq Ft Est. Value

Last Sold August 13, 2021

Last sale price $325,000 $222 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $2,251/month

Highlights

  • Open Floorplan
  • Unionville Elementary School Rated A-
  • Shed

About This Home

As of August 2021

This adorable home goes LIVE on Saturday. Charming 3 bed 2 bath home sitting on close to an acre of land. Primary down, with on suite bath. Open kitchen and living room, with a great sized . Lovely oversized sink overlooking the spacious fully fenced back yard. Two additional bedrooms and hall bath upstairs. Come take a seat on the rocking chair front porch.

Last Agent to Sell the Property

Hailey Edwards

ERA Live Moore License #277806 Listed on: 06/19/2021

ERA Live Moore

Last Buyer's Agent

Taylor Marino

Maestro Realty Group LLC License #326763

Maestro Realty Group LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2009

Lot Details

  • 0.92

Parking

  • Gravel Driveway

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • Open Floorplan
  • Pull Down Stairs to Attic

Additional Features

  • Shed
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 09-210-003-N

Home Details

Home Type

Single Family

Year Built

Built in 2009

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1.5 Story
  • Ratio Close Price By List Price: 1.08333
  • Ratio Close Price By Original Li: 1.08333
  • Ratio Current Price By Acre: 353260.87
  • Ratio Current Price By Sq Ft: 222.30
  • Year Built: 2009
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 494
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Equipment: Ceiling Fan(s), Dishwasher, Electric Oven, Electric Range, Microwave, Refrigerator
  • Fixture Exception Description: Security cameras
  • Fixture Exception Yn: Yes
  • Flooring: Carpet
  • Interior Amenities: Attic Stairs Pulldown, Open Floorplan, Pantry
  • Laundry Location: Main
  • Room Count: 2
  • Main Level Sq Ft: 968
  • Total Sq Ft: 1462

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built
  • Exterior Features: Shed(s)

Garage/Parking

  • Driveway: Gravel
  • Parking: Driveway

Utilities

  • Heating: Central Air, Multizone A/C, MultiZone Heat
  • Sewer: Septic Installed
  • Water: County Water
  • Water Heater: Electric

Schools

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

Lot Info

  • Lot Dimension: per tax map
  • Lot Size Area: 0.920
  • Parcel Number: 09-210-003-N
  • Zoning Specification: RES

Tax Info

  • Tax Value: 167000.00
  • Tax Location: Union

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2021
Closed on
Aug 13, 2021
Sold by
Elwood William B and Elwood Kalyn K
Bought by
Smith Daniel Mark
Seller's Agent
Hailey Edwards
ERA Live Moore
Buyer's Agent
Taylor Marino
Maestro Realty Group LLC
List Price
$300,000
Sold Price
$325,000
Premium/Discount to List
$25,000
8.33%
Current Estimated Value
$387,407

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,407
Avg. Annual Appreciation
4.67%
Original Mortgage
$313,000
Outstanding Balance
$268,311
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$121,762

Purchase Details

Listed on
Dec 21, 2017
Closed on
Jan 3, 2018
Sold by
Abee Jason L and Abee Jessica
Bought by
Elwood William B and Elwood Kalyn K
Seller's Agent
Brian Benton
Emerald Pointe Realty
Buyer's Agent
Brian Benton
Emerald Pointe Realty
List Price
$179,900
Sold Price
$179,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.18%
Original Mortgage
$143,920
Interest Rate
3.93%
Mortgage Type
New Conventional
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
Smith Daniel Mark $325,000 Austin Title Llc
Elwood William B $180,000 Chicago Title Insurance Comp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Daniel Mark $313,000
Previous Owner Elwood William B $143,920
Previous Owner Abee Jason L $36,500
Previous Owner Abee Jason L $120,843
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/13/2021 08/13/21 Sold $325,000 +8.3% $222 / Sq Ft
06/20/2021 06/20/21 Pending -- -- --
06/19/2021 06/19/21 For Sale $300,000 +66.8% $205 / Sq Ft
01/29/2018 01/29/18 Sold $179,900 0.0% $123 / Sq Ft
12/21/2017 12/21/17 Pending -- -- --
12/21/2017 12/21/17 For Sale $179,900 -- $123 / 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 $1,552 $229,700 $33,600 $196,100
2023 $1,538 $229,700 $33,600 $196,100
2022 $1,492 $229,700 $33,600 $196,100
2021 $1,538 $229,700 $33,600 $196,100
2020 $1,296 $167,000 $24,900 $142,100
2019 $1,354 $167,000 $24,900 $142,100
2018 $1,321 $167,000 $24,900 $142,100
2017 $1,404 $167,000 $24,900 $142,100
2016 $1,380 $167,000 $24,900 $142,100
2015 $1,397 $167,000 $24,900 $142,100
2014 $1,056 $149,570 $29,200 $120,370
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3752492

Canopy MLS (Canopy Realtor® Association)

APN: 09-210-003-N