NOT LISTED FOR SALE

5508 Griffith Rd Monroe, NC 28112

Estimated Value: $687,000 - $1,049,000

4 Beds
4.5 Baths
3,258 Sq Ft
$258/Sq Ft Est. Value

Last Sold November 03, 2021

Last sale price $720,000 $221 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $4,621/month

25 Days on Market

Highlights

  • Horse Facilities
  • Stables
  • Fruit Trees
  • Barn
  • In Ground Pool
  • A-Frame Home

About This Home

As of November 2021

You'll fall in love! Resort style upscale lodge home. Large stocked lake/pond with cascading waterfalls and in-ground gunite salt water pool and multi decks perfect for hosting or relaxing. Main house features a chefs kitchen with professional gas range and dual oven, large island and custom cabinets. See through fireplace can be enjoyed in the master or living room. Large master on main with walk-in closet and luxury bathroom on suite. Soaking tub, dual vanities and separate stand up shower. Dining room and two story windows in the living room overlook water. Additional bedrooms, loft and storage galore above. Second living quarters can be an in-law suit or rented. Expansive estate includes barn with 2+ stalls, separate koy pond, outbuildings, sheds, fruit trees and your very own grape vines! Excellent location, minutes from restaurants and shopping in downtown Monroe and Waxhaw.

Last Agent to Sell the Property

Amber Exton

Austin-Barnett Realty LLC License #284174 Listed on: 08/05/2021

Last Buyer's Agent

MJ Burd

Better Real Estate Carolina License #116148

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1988

Lot Details

  • Private Lot
  • Fruit Trees
  • Many Trees

Parking

  • Attached Garage
  • Gravel Driveway

Home Design

  • A-Frame Home
  • Stone Siding

Interior Spaces

  • 1.5-Story Property
  • Wood Burning Stove
  • Gas Log Fireplace
  • Insulated Windows
  • Crawl Space
  • Kitchen Island

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet

Outdoor Features

  • In Ground Pool
  • Pond
  • Separate Outdoor Workshop
  • Shed
  • Outbuilding

Additional Features

  • Barn
  • Stables
  • Septic Tank

Community Details

  • Horse Facilities

Listing and Financial Details

  • Assessor Parcel Number 04-252-013-B

Home Details

Home Type

Single Family

Year Built

Built in 1988

Lot Details

0

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1.5 Story
  • Architectural Style: A-Frame
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.96128
  • Ratio Close Price By Original Li: 0.96128
  • Ratio Current Price By Acre: 95744.68
  • Ratio Current Price By Sq Ft: 220.99
  • Year Built: 1988
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space
  • Upper Level Sq Ft: 1167
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5.00
  • Total Bedrooms: 4
  • Doors and Windows: Insulated Windows
  • Equipment: Ceiling Fan(s), Dishwasher, Disposal, Double Oven, Gas Oven, Propane, Refrigerator, Security System
  • Fireplace Description: FAMILYRM, Gas Logs, Primary Bedroom, See Thru
  • Fireplace: Yes
  • Flooring: Laminate Tile, Laminate Wood, Tile, Wood
  • Interior Amenities: Kitchen Island, Walk-In Closet(s)
  • Laundry Location: Main
  • Room Count: 3
  • Second Living Quarters: Exterior Not Connected, Guest House, Separate Entrance, Separate Kitchen Facilities, Separate Living Quarters
  • Second Living Quarters Hla: 1331
  • Second Living Quarters Sq Ft: 855
  • Main Level Sq Ft: 2091
  • Total Sq Ft: 3258
  • Sq Ft Unheated Total: 103
  • Sq Ft Unheated Upper: 103

Exterior Features

  • Construction: Cedar Shake, Stone, Wood
  • Construction Type: Site Built
  • Exterior Features: Barn(s), Equestrian Facilities, Fenced Yard, Outbuilding, Pool-In-Ground, Shed(s), Stable, Workshop

Garage/Parking

  • Driveway: Concrete, Gravel
  • Parking: Attached Garage, Garage - 2 Car

Utilities

  • Heating: Central Air, Heat Pump - Heat, Multizone A/C, Woodstove
  • Sewer: Septic Installed
  • Water: County Water
  • Water Heater: Propane

Lot Info

  • Lot Features: Fruit Trees, Pond, Private, Trees, Water view
  • Parcel Number: 04-252-013-B
  • Zoning Specification: RA40

Tax Info

  • Tax Value: 292900.00
  • Tax Location: Union

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2021
Closed on
Oct 29, 2021
Sold by
Lee Barry and Herbert Burns Hoover Trust
Bought by
Hoover Robert P and Hoover Cynthia
Seller's Agent
Amber Exton
Austin-Barnett Realty LLC
Buyer's Agent
MJ Burd
Better Real Estate Carolina
List Price
$749,000
Sold Price
$720,000
Premium/Discount to List
-$29,000
-3.87%
Current Estimated Value
$841,760

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,760
Avg. Annual Appreciation
3.75%
Original Mortgage
$648,000
Outstanding Balance
$589,056
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
$252,704

Purchase Details

Closed on
Aug 30, 2018
Sold by
Keziah Richard and Estate Of Herbert Burns Hoover
Bought by
Separate Keziah Richard and Separate Herbert Burns Hoover

Purchase Details

Closed on
Jul 6, 2010
Sold by
Obrien Lou Ann Williams and Obrien Lawrence
Bought by
Hoover Herbert Burns
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Hoover Robert P $720,000 None Available
Separate Keziah Richard -- None Available
Hoover Herbert Burns $499,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoover Robert P $648,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/03/2021 11/03/21 Sold $720,000 -3.9% $221 / Sq Ft
08/31/2021 08/31/21 Pending -- -- --
08/05/2021 08/05/21 For Sale $749,000 -- $230 / 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
2025 $3,002 $623,400 $0 $0
2024 $2,419 $376,100 $64,600 $311,500
2023 $2,386 $376,100 $64,600 $311,500
2022 $2,386 $376,100 $64,600 $311,500
2021 $2,370 $376,100 $64,600 $311,500
2020 $0 $292,880 $55,680 $237,200
2019 $2,302 $292,880 $55,680 $237,200
2018 $2,302 $292,880 $55,680 $237,200
2017 $2,454 $292,900 $55,700 $237,200
2016 $2,373 $292,880 $55,680 $237,200
2015 $2,413 $292,880 $55,680 $237,200
2014 -- $299,730 $69,970 $229,760
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3767063

Canopy MLS (Canopy Realtor® Association)

APN: 04-252-013-B