NOT LISTED FOR SALE

5602 Lancaster Hwy Monroe, NC 28112

Estimated Value: $690,430 - $795,000

4 Beds
4 Baths
2,752 Sq Ft
$273/Sq Ft Est. Value

About This Home

This home is located at 5602 Lancaster Hwy, Monroe, NC 28112 and is currently estimated at $750,358, approximately $272 per square foot. 5602 Lancaster Hwy is a home located in Union County with nearby schools including Prospect Elementary School, Parkwood Middle School, and Parkwood High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 11, 2014
Sold by
Kinard Michael and Kinard Nora
Bought by
Simpson Bryan C and Simpson Julie H
Current Estimated Value
$750,358

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,200
Outstanding Balance
$211,072
Interest Rate
4.19%
Mortgage Type
New Conventional
Estimated Equity
$539,286

Purchase Details

Closed on
Jul 29, 2005
Sold by
Mclean Thomas C and Mclean Kimberly C
Bought by
Kinard Michael and Kinard Nora

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,650
Interest Rate
5.5%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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.

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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.

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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.

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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.

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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
Simpson Bryan C $344,000 Chicago Title Co Llc
Kinard Michael $390,000 Chicago Title Insurance Comp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Simpson Bryan C $275,200
Previous Owner Kinard Michael $359,650
Source: Public Records

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 $2,826 $439,300 $38,300 $401,000
2023 $2,787 $439,300 $38,300 $401,000
2022 $2,787 $439,300 $38,300 $401,000
2021 $2,768 $439,300 $38,300 $401,000
2020 $2,348 $304,450 $29,450 $275,000
2019 $2,394 $304,450 $29,450 $275,000
2018 $2,394 $304,450 $29,450 $275,000
2017 $2,551 $304,500 $29,500 $275,000
2016 $2,467 $304,450 $29,450 $275,000
2015 $2,509 $304,450 $29,450 $275,000
2014 $2,103 $301,890 $43,950 $257,940
Source: Public Records

Map

North Carolina Union County Monroe 28112

5602 Lancaster Hwy, Monroe, NC

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