NOT LISTED FOR SALE

5540 Monticello Dr NW Concord, NC 28027

Estimated Value: $567,000 - $583,000

5 Beds
3.5 Baths
3,109 Sq Ft
$184/Sq Ft Est. Value

Last Sold July 07, 2023

Last sale price $535,000 $172 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,610/month

75 Days on Market

Highlights

  • Transitional Architecture
  • Wood Flooring
  • Tennis Courts
  • Cathedral Ceiling
  • Community Pool
  • 2 Car Detached Garage

About This Home

As of July 2023

STATELY FULL BRICK HOME PERFECTLY SITUATED ON A QUAINT CUL DE SAC LOT IN THE WOODLANDS SWIM COMMUNITY. THIS BEAUTIFUL HOME HAS GRACIOUSLY SIZED ROOMS W/AN OPEN LAYOUT & WINDOWS GALORE ALLOWING FOR AN ABUNDANCE OF LIGHT. UPON ENTRY YOU WILL NOTICE THE FOYER ENCOMPASSING SOARING CEILINGS,LIVING/OFFICE/FLEX SPACE & DINING ROOM.AS YOU MAKE YOUR WAY THROUGH THE KITCHEN & BREAKFAST AREAS YOU WILL FIND YOURSELF THE GRACIOUSLY SIZED ALL SEASONS SCREENED SUNROOM, THE PERFECT ENVIRONMENT TO RESTORE & RELAX.FROM THE SUNROOM YOU CAN LOOK OUT ONTO YOUR METICULOUSLY MAINTAINED MATURELY LANDSCAPED BACKYARD INCLUDING BUILT IN GAS LINE FOR GRILLING,FIRE PIT,EXTENDED PAVER PATIO,KOI POND MORE! YOU WILL NEVER WANT TO LEAVE THIS PRIVATE OASIS.BACK INSIDE, HEAD TO THE ENORMOUS PRIMARY BEDROOM W/ AN ENSUITE. ON THE 2ND FLOOR YOU WILL FIND 3 ADDITIONAL BEDROOMS ONE W/ ATTACHED FULL BATHROOM. ALSO OF MENTION IS THE OVERSIZED BONUS ROOM THAT COULD SERVE A MULTITUDE OF PURPOSES!THIS HOME CERTAINLY HAS IT ALL!

Last Agent to Sell the Property

Noelle Donovan Baranuk

Allen Tate Concord License #256952 Listed on: 03/31/2023

Allen Tate Concord

Last Buyer's Agent

Donald Newell

David Hoffman Realty License #189941

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,664

Year Built

  • Built in 1996

Lot Details

  • Lot Dimensions are 85x144x85x147
  • Back Yard Fenced
  • Irrigation
  • Property is zoned RV

HOA Fees

  • $37 Monthly HOA Fees

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Transitional Architecture
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 2-Story Property
  • Cathedral Ceiling
  • French Doors
  • Great Room with Fireplace
  • Crawl Space
  • Pull Down Stairs to Attic

Kitchen

  • Breakfast Bar
  • Self-Cleaning Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • Walk-In Closet
  • Garden Bath

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Fire Pit

Schools

  • Carl A. Furr Elementary School
  • Harold E Winkler Middle School
  • West Cabarrus High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Tankless Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 5509-29-4990-0000

Community Details

Overview

  • Henderson Association
  • Woodlands Subdivision
  • Mandatory home owners association

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,664

Year Built

Built in 1996

Lot Details

0

HOA Fees

$37 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Transitional
  • Year Built: 1996
  • Restrictions: Architectural Review
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Concrete, Paved
  • Unit Levels: Two
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 172.08
  • Geocode Confidence: High
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Vinyl, Wood
  • Interior Amenities: Attic Stairs Pulldown, Breakfast Bar, Cable Prewire, Cathedral Ceiling(s), Garden Tub, Pantry, Tray Ceiling(s), Walk-In Closet(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1756
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 1353
  • Appliances: Dishwasher, Disposal, Dryer, Electric Cooktop, Microwave, Refrigerator, Self Cleaning Oven, Tankless Water Heater, Washer, Washer/Dryer
  • Above Grade Finished Sq Ft: 3109
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: French Doors, Storm Door(s)
  • Fireplace Features: Gas Log, Great Room
  • Living Area: 3109
  • Bedroom Main: 1
  • Room Count: 16

Exterior Features

  • Exterior Features: Fire Pit, In-Ground Irrigation
  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Fencing: Back Yard, Fenced
  • Construction Type: Brick Full
  • Patio And Porch Features: Patio

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 539
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway, Detached Garage

Utilities

  • Heating: Natural Gas
  • Sewer: Public Sewer
  • Laundry Features: Laundry Room, Upper Level
  • Cooling: Central Air
  • Utilities: Cable Available, Gas, Underground Utilities
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Outdoor Pool, Sidewalks, Tennis Court(s)
  • Association Fee: 111.75
  • Association Fee Frequency: Quarterly
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: HENDERSON
  • ResoAssociationFeeFrequency: Quarterly

Association/Amenities

  • Association Annual Expense: 447.00

Schools

  • Middle Or Junior School: Harold E Winkler
  • HOA Subject To: Required

Lot Info

  • Lot Size Area: 0.28
  • Lot Size Units: Acres
  • Parcel Number: 5509-29-4990-0000
  • Lot Size: 85X144X85X147
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RV

MLS Schools

  • Elementary School: Carl A. Furr
  • High School: West Cabarrus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2017
Closed on
Jun 20, 2017
Sold by
Marcello Vito and Marcello Sheila
Bought by
Brandt Michael E and Brandt Danielle L
Seller's Agent
Christine Stewart
Allen Tate Concord
Buyer's Agent
Diane Honeycutt
Allen Tate Concord
List Price
$324,900
Sold Price
$325,000
Premium/Discount to List
$100
0.03%
Current Estimated Value
$573,474

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$248,474
Avg. Annual Appreciation
7.62%
Original Mortgage
$292,500
Outstanding Balance
$246,956
Interest Rate
4.05%
Mortgage Type
New Conventional
Estimated Equity
$346,260

Purchase Details

Closed on
Aug 2, 2004
Sold by
Wynn Richard L and Wynn Amy B
Bought by
Marcello Vito and Marcello Sheila

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,000
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 21, 2003
Sold by
Chapman Kim Ray
Bought by
Wynn Richard L and Wynn Amy B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,920
Interest Rate
3.62%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 1, 1996
Bought by
Darr Marvin C
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
Brandt Michael E $325,000 None Available
Marcello Vito $267,500 --
Wynn Richard L $265,000 --
Darr Marvin C $201,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brandt Michael E $292,500
Previous Owner Marcello Sheila $208,000
Previous Owner Marcello Vito $234,000
Previous Owner Marcello Vito $214,000
Previous Owner Wynn Richard L $170,000
Previous Owner Wynn Richard L $211,920
Previous Owner Darr Marvin C $50,000
Closed Wynn Richard L $32,980
Closed Marcello Vito $26,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2023 07/07/23 Sold $535,000 -0.9% $172 / Sq Ft
05/09/2023 05/09/23 Price Changed $539,900 -1.6% $174 / Sq Ft
03/31/2023 03/31/23 For Sale $548,713 +68.8% $176 / Sq Ft
06/22/2017 06/22/17 Sold $325,000 0.0% $105 / Sq Ft
05/06/2017 05/06/17 Pending -- -- --
04/05/2017 04/05/17 For Sale $324,900 -- $105 / 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 $5,664 $568,670 $100,000 $468,670
2023 $4,542 $372,280 $58,000 $314,280
2022 $4,542 $372,280 $58,000 $314,280
2021 $4,542 $372,280 $58,000 $314,280
2020 $4,542 $372,280 $58,000 $314,280
2019 $3,917 $321,050 $47,000 $274,050
2018 $3,396 $282,990 $47,000 $235,990
2017 $3,339 $282,990 $47,000 $235,990
2016 $1,981 $256,340 $47,000 $209,340
2015 $3,025 $256,340 $47,000 $209,340
2014 $3,025 $256,340 $47,000 $209,340
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4016199

Canopy MLS (Canopy Realtor® Association)

APN: 5509-29-4990-0000