NOT LISTED FOR SALE

5516 N Carolina 218 Monroe, NC 28110

Estimated Value: $739,000 - $816,000

3 Beds
3 Baths
3,027 Sq Ft
$259/Sq Ft Est. Value

Last Sold January 15, 2021

Last sale price $525,000 $173 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $4,451/month

5 Days on Market

Highlights

  • Horse Facilities
  • Equestrian Center
  • Open Floorplan
  • New Salem Elementary School Rated A-
  • Barn
  • Private Lot

About This Home

As of January 2021

Equestrian Estate w/ 6 Stall barn on 8.86 ACRES!! Tack room, feed area, running water, (no climb horse fencing), foaling stall, Back pasture Bermuda and front fescue, FABULOUS all brick house! Three bedrooms on main floor with engineered hardwood floors, Wood floors in main living area have just been refinished. Island in Kitchen with new KItchen Aid gas stove top. New dishwasher, Double ovens, Updated lighting, ceiling fans, Gas water heater is 5 years old, New heat pumps- one installed in 2018 downstairs- propane heat downstairs, upstairs unit installed in 2020 electric upstairs. New Well pump in 2019, New granite installed in Master bath and second bath. New carpet upstairs in two rooms- two rooms upstairs can be used as two additional bedrooms or two bonus rooms- home can easily be a 5-6 bedroom home however, septic is for a 3 bedroom home. Buck stove fireplace with blower. New smoke detectors. Three car seperate garage with 20 x12 living area 300sq ft heated and cooled.

Last Agent to Sell the Property

Amy Kyker

Keller Williams Unified License #250134 Listed on: 12/04/2020

Keller Williams Unified

Co-Listed By

Mark Kyker

Keller Williams Unified License #302289

Last Buyer's Agent

Ladd Lancaster

Southern Homes of the Carolinas, Inc License #220612

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2000

Lot Details

  • Private Lot
  • Level Lot
  • Cleared Lot

Parking

  • Attached Garage
  • Gravel Driveway

Interior Spaces

  • Open Floorplan
  • Tray Ceiling
  • Fireplace
  • Pocket Doors
  • Crawl Space
  • Kitchen Island

Flooring

  • Engineered Wood
  • Linoleum
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • 3 Full Bathrooms
  • Garden Bath

Outdoor Features

  • Separate Outdoor Workshop
  • Shed

Farming

  • Barn
  • Pasture
  • Fenced For Cattle

Horse Facilities and Amenities

  • Equestrian Center
  • Hay Storage

Utilities

  • Heating System Uses Propane
  • Septic Tank

Community Details

  • Horse Facilities

Listing and Financial Details

  • Assessor Parcel Number 01198022

Home Details

Home Type

Single Family

Year Built

Built in 2000

Lot Details

0

Parking

4

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1.5 Story
  • Construction Status: Complete
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Acre: 59255.08
  • Ratio Current Price By Sq Ft: 173.44
  • Year Built: 2000
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space
  • Upper Level Sq Ft: 746
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Doors and Windows: Pocket Doors
  • Equipment: Ceiling Fan(s), Cooktop Gas, Dishwasher, Double Oven, Electric Dryer Hookup, Gas Dryer Hookup, Ice Maker Connection, Propane
  • Fireplace Description: FAMILYRM, Propane
  • Fireplace: Yes
  • Fixture Exception Description: Refrigerator, chandelier in office, chandelier upstairs, dog wireless collar
  • Fixture Exception Yn: Yes
  • Flooring: Carpet, Linoleum, Prefinished Wood, Tile, Wood
  • Interior Amenities: Attic Other, Garden Tub, Kitchen Island, Open Floorplan, Pantry, Split BR Plan, Tray Ceiling, Vaulted Ceiling, Walk-In Closet(s)
  • Laundry Location: Main
  • Room Count: 2
  • Second Living Quarters Hla: 300
  • Sq Ft Additional: 900
  • Main Level Sq Ft: 2281
  • Total Sq Ft: 3027

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built
  • Exterior Features: Arena, Auto Shop, Barn(s), Equestrian Facilities, Fenced Pasture, Hay Shed, Workshop

Garage/Parking

  • Driveway: Concrete, Gravel
  • Parking: Attached Garage, Detached Garage, Driveway, Garage - 4+ Car, Garage Door Opener, Parking Space - 4+, Side Load Garage

Utilities

  • Heating: Central Air, Gas Water Heater, Heat Pump - AC, Heat Pump - Heat, Propane
  • Sewer: Septic Installed
  • Water: Well Installed
  • Water Heater: Gas

Condo/Co-op/Association

  • Community Features: Equestrian Facilities

Schools

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

Lot Info

  • Lot Dimension: 651x942x795x349
  • Lot Features: Cleared, Level, Pasture, Private, Views
  • Lot Size Area: 8.860
  • Parcel Number: 01198022
  • Plat Reference Section Pages: 640
  • Zoning Specification: Ra

Tax Info

  • Tax Value: 376000.00
  • Tax Location: Union

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2020
Closed on
Jan 14, 2021
Sold by
Cannon Carey and Cannon Jennifer
Bought by
Vance Ashley D and Fowler Scotty
Seller's Agent
Amy Kyker
Keller Williams Unified
Buyer's Agent
Ladd Lancaster
Southern Homes of the Carolinas, Inc
List Price
$525,000
Sold Price
$525,000
Current Estimated Value
$784,273

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$259,273
Avg. Annual Appreciation
8.80%
Original Mortgage
$420,000
Outstanding Balance
$374,851
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$409,422

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:

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Average Value
Not Available
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
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
01/15/2021 01/15/21 Sold $525,000 0.0% $173 / Sq Ft
12/09/2020 12/09/20 Pending -- -- --
12/04/2020 12/04/20 For Sale $525,000 -- $173 / 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 $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

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3688218

Canopy MLS (Canopy Realtor® Association)

APN: 01-198-022