NOT LISTED FOR SALE

5516 E Highway 218 Monroe, NC 28110

Estimated Value: $768,000 - $819,199

4 Beds
3.5 Baths
2,850 Sq Ft
$281/Sq Ft Est. Value

Highlights

  • Equestrian Center
  • Screened Porch
  • Fireplace
  • New Salem Elementary School Rated A-
  • Double Oven
  • Laundry Room

About This Home

As of November 2013

Lease-Option-BuyCountry living but just minutes to Uptown Charlotte - Bring your horses & enjoy your own private country estate on almost 9 acres! 5 stall horse barn, huge sand arena included. Modern kitchen with stainless steel appliances & corian counters. Wood flooring. Tons of storage space-additional detached 3 car garage! This is a lot of property for your money - Priced to rent quickly!

Last Agent to Rent the Property

Patrick Monaghan

Greenlight Residential Inc Brokerage Email: patrick.monaghan@northpointam.com License #273778 Listed on: 10/09/2013

Last Renter's Agent

Patrick Monaghan

Greenlight Residential Inc Brokerage Email: patrick.monaghan@northpointam.com License #273778 Listed on: 10/09/2013

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2000

Lot Details

  • 8.86 Acre Lot
  • Fenced

Parking

  • 5 Car Garage
  • Workshop in Garage
  • Driveway

Interior Spaces

  • 2,850 Sq Ft Home
  • 1.5-Story Property
  • Sound System
  • Ceiling Fan
  • Fireplace
  • Screened Porch
  • Laundry Room

Kitchen

  • Double Oven
  • Gas Cooktop
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • Garden Bath

Outdoor Features

  • Patio
  • Shed

Schools

  • New Salem Elementary School
  • Piedmont Middle School
  • Piedmont High School

Additional Features

  • Equestrian Center
  • Cable TV Available

Community Details

  • Waverly Place Subdivision

Listing and Financial Details

  • Security Deposit $2,400
  • Property Available on 11/1/13
  • Tenant pays for all utilities
  • 12-Month Minimum Lease Term
  • Assessor Parcel Number 01-198-022

Home Details

Home Type

Single Family

Year Built

Built in 2000

Lot Details

0

Parking

5

Rental Info

  • Tenant Pays: All Utilities
  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Smoking Allowed Yn: 0
  • Lease Term: 12 Months
  • Available Date: 2013-11-01
  • Pet Deposit: 250
  • Security Deposit: 2400

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Year Built: 2000
  • Unit Levels: One and One Half
  • Property Attached Yn: No
  • Attribution Contact: patrick.monaghan@northpointam.com
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Attic Other, Cable Prewire, Garden Tub, Other - See Remarks
  • Appliances: Dishwasher, Disposal, Double Oven, Gas Cooktop, Refrigerator
  • Other Equipment: Surround Sound
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Living Area: 2850
  • Bedroom Main: 3

Exterior Features

  • Exterior Features: Fence, Storage
  • Fencing: Fenced
  • Other Structures: Shed(s)
  • Patio And Porch Features: Enclosed, Patio, Screened

Garage/Parking

  • Garage Spaces: 5
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage, Garage Shop

Utilities

  • Laundry Features: Laundry Closet, Main Level
  • Cooling: Ceiling Fan(s)

Schools

  • Middle Or Junior School: Piedmont

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 01-198-022
  • Horse Amenities: Equestrian Facilities
  • Lot Size Acres: 8.86
  • Lot Size Sq Ft: 385941

MLS Schools

  • Elementary School: New Salem
  • High School: Piedmont

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 14, 2021
Sold by
Cannon Carey and Cannon Jennifer
Bought by
Vance Ashley D and Fowler Scotty
Current Estimated Value
$800,800

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Outstanding Balance
$373,131
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$427,669

Purchase Details

Closed on
Apr 10, 2015
Sold by
Hope Christopher M and Hope Julie
Bought by
Cannon Carey D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,210
Interest Rate
3.89%
Mortgage Type
VA

Purchase Details

Closed on
Dec 6, 2004
Sold by
Williams Daniel and Williams Nancy Kathryn
Bought by
Hope Christopher M and Hope Julie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$309,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 29, 2000
Sold by
Daniel Williams
Bought by
Williams Daniel and Bradshaw Nancy Kathryn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
8.24%
Mortgage Type
Construction
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
Vance Ashley D $525,000 None Available
Cannon Carey D $370,000 None Available
Hope Christopher M $447,000 --
Williams Daniel -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vance Ashley D $420,000
Previous Owner Cannon Carey D $382,210
Previous Owner Hope Christopher M $309,000
Previous Owner Williams Daniel $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/14/2013 11/14/13 Rented $2,400 0.0% --
10/15/2013 10/15/13 Under Contract -- -- --
10/09/2013 10/09/13 For Rent $2,400 0.0% --
01/04/2013 01/04/13 Rented $2,400 0.0% --
12/05/2012 12/05/12 Under Contract -- -- --
12/04/2012 12/04/12 For Rent $2,400 -- --
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 $4,722 $934,100 $0 $0
2024 $3,518 $543,900 $85,500 $458,400
2023 $3,407 $543,900 $85,500 $458,400
2022 $2,765 $441,400 $85,500 $355,900
2021 $2,770 $441,400 $85,500 $355,900
2020 $2,962 $375,980 $76,180 $299,800
2019 $2,858 $375,980 $76,180 $299,800
2018 $2,858 $375,980 $76,180 $299,800
2017 $3,047 $376,000 $76,200 $299,800
2016 $2,980 $375,980 $76,180 $299,800
2015 $3,014 $375,980 $76,180 $299,800
2014 $2,512 $364,180 $82,050 $282,130
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 2185489

Canopy MLS (Canopy Realtor® Association)

APN: 01-198-022