NOT LISTED FOR SALE

561 Scotch Meadows Loop Unit 92 Monroe, NC 28110

Estimated Value: $361,000 - $403,000

4 Beds
3.5 Baths
2,081 Sq Ft
$186/Sq Ft Est. Value

Last Sold June 05, 2024

Last sale price $395,000 $190 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $2,124/month

44 Days on Market

Highlights

  • Under Construction
  • Open Floorplan
  • Front Porch
  • Unionville Elementary School Rated A-
  • Traditional Architecture
  • 2 Car Attached Garage

About This Home

As of June 2024

The Shepherd 4BR / 3.5BA plan features 2,080 square feet with large great open, open to kitchen and dining with large walk-in pantry. Upstairs you will find spacious bedrooms, including primary with tray ceiling and ensuite, 2 additional full baths, and laundry room. Upgrades include tile backsplash, quartz counters, and cabinetry in kitchen plus much more! Incredible value; home is a must see!

Last Agent to Sell the Property

Adam Martin

TLS Realty LLC Brokerage Email: amartin@tlsrealtyllc.com License #244120 Listed on: 03/25/2024

Last Buyer's Agent

Deepthi Mallakki Nagaveerappa

ERA Live Moore License #318861

ERA Live Moore

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $518

Year Built

  • Built in 2024 | Under Construction

Lot Details

  • Irrigation
  • Property is zoned ETJ

HOA Fees

  • $33 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Stone Siding

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Insulated Windows
  • Entrance Foyer
  • Washer and Electric Dryer Hookup

Kitchen

  • Electric Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Outdoor Features

  • Patio
  • Front Porch

Schools

  • Unionville Elementary School
  • Piedmont Middle School
  • Piedmont High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 09143193

Community Details

Overview

  • Braesael Management Association, Phone Number (704) 847-3507
  • Built by True Homes
  • Scotch Meadows Subdivision, Shepherd 2041 Ec7 Io Floorplan
  • Mandatory home owners association

Security

  • Card or Code Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$518

Year Built

Built in 2024 | Under Construction

Lot Details

0

HOA Fees

$33 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 2024
  • Special Assessment Yn: 0
  • Proposed Completion Date: 2024-05-22
  • Road Surface Type: Concrete, Paved
  • Unit Levels: Two
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 189.81
  • Geocode Confidence: High
  • Attribution Contact: amartin@tlsrealtyllc.com
  • Special Features: NewHome

Interior Features

  • Foundation Details: Slab
  • Fireplace: No
  • Flooring: Carpet, Laminate, Tile, Vinyl
  • Interior Amenities: Cable Prewire, Entrance Foyer, Kitchen Island, Open Floorplan, Tray Ceiling(s), Walk-In Closet(s), Walk-In Pantry
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 825
  • 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: 1256
  • Appliances: Dishwasher, Disposal, Electric Range, Electric Water Heater, Microwave, Plumbed For Ice Maker
  • Above Grade Finished Sq Ft: 2081
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Living Area: 2081
  • Window Features: Insulated Window(s)
  • Bedroom Main: 0
  • Room Count: 11
  • Sq Ft Other: 0

Exterior Features

  • Exterior Features: In-Ground Irrigation
  • New Construction: Yes
  • Roof: Shingle
  • Construction Type: Site Built
  • Construction Type: Fiber Cement, Stone
  • Patio And Porch Features: Front Porch, Patio

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 431
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway, Attached Garage, Garage Door Opener, Keypad Entry

Utilities

  • Heating: Electric, Heat Pump
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup, Laundry Room, Upper Level, Washer Hookup
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling: Central Air
  • Water Source: City

Condo/Co-op/Association

  • Association Fee: 200
  • Association Fee Frequency: Semi-Annually
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: Braesael Management
  • Phone: 704-847-3507
  • ResoAssociationFeeFrequency: SemiAnnually

Association/Amenities

  • Association Annual Expense: 400.00

Schools

  • Middle Or Junior School: Piedmont
  • HOA Subject To: Required

Lot Info

  • Lot Size Area: 0.1
  • Lot Size Units: Acres
  • Parcel Number: 09143193
  • Development Status: Under Construction
  • ResoLotSizeUnits: Acres
  • Zoning Specification: ETJ

Building Info

  • Builder Name: True Homes

MLS Schools

  • Elementary School: Unionville
  • High School: Piedmont

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2024
Closed on
Jun 5, 2024
Sold by
True Homes Llc
Bought by
Ignatius Maria Lourdes Gera and Ganapathi Nithya
Seller's Agent
Adam Martin
TLS Realty LLC
Buyer's Agent
Deepthi Mallakki Nagaveerappa
ERA Live Moore
List Price
$414,900
Sold Price
$395,000
Premium/Discount to List
-$19,900
-4.8%
Views
30
Current Estimated Value
$386,380

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,620
Avg. Annual Appreciation
-1.60%
Original Mortgage
$296,250
Outstanding Balance
$292,577
Interest Rate
7.17%
Mortgage Type
New Conventional
Estimated Equity
$93,803

Purchase Details

Closed on
Oct 13, 2023
Sold by
Olive Branch Partners Llc
Bought by
True Homes Llc
Source: Public Records

Range of Values:

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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
Ignatius Maria Lourdes Gera $395,000 Independence Title
True Homes Llc $231,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ignatius Maria Lourdes Gera $296,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/05/2024 06/05/24 Sold $395,000 -4.8% $190 / Sq Ft
05/08/2024 05/08/24 Pending -- -- --
03/25/2024 03/25/24 For Sale $414,900 -- $199 / 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 $518 $47,500 $47,500 $0
2023 $8 $47,500 $47,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4122430

Canopy MLS (Canopy Realtor® Association)

APN: 09-143-193