NOT LISTED FOR SALE

5506 Burning Ridge Dr Monroe, NC 28110

Estimated Value: $344,908 - $361,000

3 Beds
2 Baths
1,610 Sq Ft
$219/Sq Ft Est. Value

Last Sold August 03, 2021

Last sale price $285,500 $177 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $2,008/month

Highlights

  • Shed
  • Sardis Elementary School Rated A-
  • 1-Story Property

About This Home

As of August 2021

Move in ready!! Lots of open space and light with this renovated ranch featuring vaulted ceilings, large galley style kitchen with Corian counters, ceramic tile floors and backsplash. Large recreation room for entertaining or for the kids. Large composite deck overlooking fenced in yard with storage shed... located in a cul-de-sac. Other features include "insulated vinyl siding, engineered hardwood in secondary rooms and storm door. Porter Ridge Schools!! Hurry... this will not last long!

Last Agent to Sell the Property

Frank Pixley

Southern Winds Realty License #146199 Listed on: 07/13/2021

Last Buyer's Agent

Mark Linch

Showcase Realty LLC License #270438

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1998

Lot Details

  • 7,841

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • 1-Story Property
  • Laminate Flooring
  • Pull Down Stairs to Attic

Outdoor Features

  • Shed

Listing and Financial Details

  • Assessor Parcel Number 07-069-346

Home Details

Home Type

Single Family

Year Built

Built in 1998

Lot Details

7,841 Sq Ft Lot

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Ratio Close Price By List Price: 1.05780
  • Ratio Close Price By Original Li: 1.05780
  • Ratio Current Price By Acre: 1586111.11
  • Ratio Current Price By Sq Ft: 177.33
  • Year Built: 1998
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Slab
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Equipment: Cable Prewire, Ceiling Fan(s), Cooktop Electric, Dishwasher, Disposal, Electric Dryer Hookup, Refrigerator
  • Flooring: Laminate Wood
  • Interior Amenities: Attic Stairs Pulldown
  • Laundry Location: Main, Closet
  • Room Count: 1
  • Main Level Sq Ft: 1610
  • Total Sq Ft: 1610

Exterior Features

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

Garage/Parking

  • Driveway: Concrete
  • Parking: Parking Space - 3

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Lot Info

  • Lot Features: Cul-de-sac Lot
  • Parcel Number: 07-069-346
  • Zoning Specification: R

Tax Info

  • Tax Value: 235200.00
  • Tax Location: Monroe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2021
Closed on
Aug 3, 2021
Sold by
Lorray John F and Lorray Peggy Ann
Bought by
Rs Rental I Llc
Seller's Agent
Frank Pixley
Southern Winds Realty
Buyer's Agent
Mark Linch
Showcase Realty LLC
Sold Price
$285,500
Current Estimated Value
$352,227

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,727
Avg. Annual Appreciation
4.73%

Purchase Details

Closed on
Feb 6, 2006
Sold by
Mokal Karl D and Mokal Jacqueline
Bought by
Lorray John F and Lorray Peggy Ann N
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Rs Rental I Llc $285,500 Chicago Title Insurance Co
Lorray John F $43,500 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/03/2021 08/03/21 Sold $285,500 +22740.0% $177 / Sq Ft
07/13/2021 07/13/21 Pending -- -- --
06/09/2015 06/09/15 Rented $1,250 0.0% --
06/04/2015 06/04/15 Under Contract -- -- --
05/28/2015 05/28/15 For Rent $1,250 +13.6% --
02/07/2013 02/07/13 Rented $1,100 -4.3% --
02/07/2013 02/07/13 For Rent $1,150 -- --
Source: Canopy MLS (Canopy Realtor® Association)

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
2025 $2,328 $350,600 $0 $0
2024 $1,992 $235,200 $25,800 $209,400
2023 $1,975 $235,200 $25,800 $209,400
2022 $1,975 $235,200 $25,800 $209,400
2021 $1,975 $235,200 $25,800 $209,400
2020 $1,003 $128,700 $16,500 $112,200
2019 $1,295 $128,700 $16,500 $112,200
2018 $1,003 $128,700 $16,500 $112,200
2017 $1,361 $128,700 $16,500 $112,200
2016 $1,329 $128,700 $16,500 $112,200
2015 $1,065 $128,700 $16,500 $112,200
2014 $955 $133,640 $25,000 $108,640
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3761303

Canopy MLS (Canopy Realtor® Association)

APN: 07-069-346

Your Personal Tour Guide

Ask me questions while you tour the home.