NOT LISTED FOR SALE

5545 Monticello Dr NW Concord, NC 28027

Estimated Value: $624,935 - $648,000

5 Beds
3 Baths
3,518 Sq Ft
$181/Sq Ft Est. Value

Last Sold May 24, 2019

Last sale price $375,000 $107 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $3,972/month

62 Days on Market

Highlights

  • Wood Flooring
  • Attached Garage
  • Garden Bath
  • Attic
  • Walk-In Closet
  • Many Trees

About This Home

As of May 2019

NEW PRICE and Even More Impressive Now!! Sellers listened and it looks great. One owner custom built home has been well-maintained. It boost a beautifully updated master bath, a new deck was added 2017, new hardwoods and carpet in 2019, freshly painted, and roof in 2008 just to mention a few. If you are looking for a neighborhood that you can settle in...this is it! It is of the most desirable communities in Concord because of the great location, schools, and the amenities for children and the young at heart...This house is ready for you!

Last Agent to Sell the Property

Kandie Lambert

RE/MAX Leading Edge License #247953 Listed on: 02/04/2019

RE/MAX Leading Edge

Last Buyer's Agent

Joseph Hartsell

Keller Williams South Park License #278282

Keller Williams South Park

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1996

Lot Details

  • Many Trees

HOA Fees

  • $35 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • Gas Log Fireplace
  • Crawl Space
  • Attic

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

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

Community Details

  • Cedar Management Association, Phone Number (704) 644-8808

Listing and Financial Details

  • Assessor Parcel Number 5509-29-4629-0000

Home Details

Home Type

Single Family

Year Built

Built in 1996

Lot Details

0

HOA Fees

$35 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Ratio Close Price By List Price: 0.97403
  • Ratio Close Price By Original Li: 0.96401
  • Ratio Current Price By Acre: 961538.46
  • Ratio Current Price By Sq Ft: 106.59
  • Year Built: 1996
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space
  • Upper Level Sq Ft: 1919
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 5
  • Equipment: Ceiling Fan(s), Cable Prewire, Disposal, Dishwasher, Electric Dryer Hookup, Electric Range, Ice Maker Connection, Microwave, Refrigerator, Security System, Electric Oven
  • Fireplace Description: FAMILYRM, Gas Logs
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • H O A Management Phone: 704-644-8808
  • Interior Amenities: Attic Walk-in, Garden Tub, Pantry, Walk-In Closet(s)
  • Laundry Location: Main, Laundry Room
  • Room Count: 2
  • Main Level Sq Ft: 1599
  • Total Sq Ft: 3518
  • Sq Ft Unheated Main: 789
  • Sq Ft Unheated Total: 789

Exterior Features

  • Construction: Brick Partial, Vinyl
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Driveway, Garage - 2 Car, Garage Door Opener, Side Load Garage

Utilities

  • Heating: Gas Hot Air Furnace, Heat Pump - AC
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Fee: 106.25
  • Association Fee Frequency: Quarterly
  • HOA Management Company: Cedar Management
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Lot Dimension: 86x220x89x191
  • Lot Features: Trees
  • Lot Size Area: 0.390
  • Parcel Number: 5509-29-4629-0000
  • Plat Reference Section Pages: 283
  • Zoning Specification: RV

Tax Info

  • Tax Value: 315040.00
  • Tax Location: Cabarrus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2019
Closed on
May 24, 2019
Sold by
Ramsay Donna M and Ramsay James S
Bought by
Hall Steven Phillip and Hall Jennifer L
Seller's Agent
Kandie Lambert
RE/MAX Leading Edge
Buyer's Agent
Joseph Hartsell
Keller Williams South Park
List Price
$389,000
Sold Price
$375,000
Premium/Discount to List
-$14,000
-3.6%
Current Estimated Value
$635,734

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$260,734
Avg. Annual Appreciation
8.39%
Original Mortgage
$318,750
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 1, 1996
Bought by
Ramsay James S and Wife Donna M
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
Hall Steven Phillip $375,000 None Available
Ramsay James S $251,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hall Steven P $326,500
Closed Hall Steven Phillip $318,750
Previous Owner Ramsay James S $70,000
Previous Owner Ramsay James S $98,541
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2019 05/24/19 Sold $375,000 -2.6% $107 / Sq Ft
04/07/2019 04/07/19 Pending -- -- --
03/27/2019 03/27/19 Price Changed $385,000 -1.0% $109 / Sq Ft
02/04/2019 02/04/19 For Sale $389,000 -- $111 / 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 $5,986 $600,990 $100,000 $500,990
2023 $4,563 $374,050 $58,000 $316,050
2022 $4,563 $374,050 $58,000 $316,050
2021 $4,563 $374,050 $58,000 $316,050
2020 $4,563 $374,050 $58,000 $316,050
2019 $3,843 $315,040 $47,000 $268,040
2018 $3,780 $315,040 $47,000 $268,040
2017 $3,717 $315,040 $47,000 $268,040
2016 $2,205 $284,140 $47,000 $237,140
2015 $3,353 $284,140 $47,000 $237,140
2014 $3,353 $284,140 $47,000 $237,140
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3470462

Canopy MLS (Canopy Realtor® Association)

APN: 5509-29-4629-0000