NOT LISTED FOR SALE

5801 Potters Trace Rd Monroe, NC 28110

Estimated Value: $477,000 - $573,000

5 Beds
2.5 Baths
2,883 Sq Ft
$186/Sq Ft Est. Value

Last Sold February 27, 2020

Last sale price $245,000 $85 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $3,178/month

8 Days on Market

Highlights

  • A-Frame Home
  • Deck
  • Rear Porch
  • Wesley Chapel Elementary School Rated A
  • Wood Flooring
  • 2 Car Attached Garage

About This Home

As of February 2020

The BEST value for a home in the Weddington school district! Spacious 5 bedroom house that is ready for your creative touch to make it your home! Paint, carpet and some laminate flooring in the kitchen, as well as changing out light fixtures would cause this property to pop, sparkle and look magazine.

It's price to you can make these improvements and STILL have a lot of equity! Don't miss this opportunity! Schedule today and see for yourself!

This is an excellent investment with a ton of room for growth and return.

Bring all Offers

Last Agent to Sell the Property

Sir Ashley Harrison

Fathom Realty NC LLC Brokerage Email: sir@sirashley.com License #119541 Listed on: 01/11/2020

Fathom Realty NC LLC

Last Buyer's Agent

Cathy Weaver

Allen Tate Charlotte South License #229366

Allen Tate Charlotte South

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,949

Year Built

  • Built in 2000

Lot Details

  • 0.43 Acre Lot
  • Level Lot
  • Property is zoned AL8

HOA Fees

  • $37 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • A-Frame Home
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Family Room with Fireplace
  • Laundry Room

Kitchen

  • Gas Cooktop
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • Walk-In Closet
  • Garden Bath

Accessible Home Design

  • More Than Two Accessible Exits

Outdoor Features

  • Deck
  • Rear Porch

Utilities

  • Central Heating
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Key Community Management Association, Phone Number (704) 321-1556
  • Potters Trace Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 06-006-066

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,949

Year Built

Built in 2000

Lot Details

0

HOA Fees

$37 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: A-Frame
  • Year Built: 2000
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Special Assessment Description: 0
  • Proposed Special Assessment Desc: 0
  • Road Surface Type: Concrete, Paved
  • Unit Levels: Two
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 84.98
  • Attribution Contact: sir@sirashley.com
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl, Wood
  • Interior Amenities: Cable Prewire, Garden Tub, Kitchen Island, Tray Ceiling(s), Walk-In Closet(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1593
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 400
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 400
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 1290
  • Appliances: Dishwasher, Gas Cooktop, Gas Water Heater
  • Above Grade Finished Sq Ft: 2883
  • Accessibility Features: Two or More Access Exits
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Family Room
  • Living Area: 2883
  • Bedroom Main: 1
  • Room Count: 11
  • Sq Ft Other: 0

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Waterfront Features: None
  • Waterfront Elevation: 1000
  • Construction Type: Vinyl
  • Patio And Porch Features: Deck, Rear Porch

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 400
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Attached Garage

Utilities

  • Heating: Central
  • Sewer: Public Sewer
  • Laundry Features: Main Level
  • Utilities: Cable Available
  • Water Source: City

Condo/Co-op/Association

  • Association Fee: 440
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Association: n/a
  • Association Name: Key Community management
  • Phone: 704-321-1556
  • Association: Yes
  • ResoAssociationFeeFrequency: Annually

Schools

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

Lot Info

  • Lot Features: Level
  • Lot Size Area: 0.43
  • Lot Size Units: Acres
  • Parcel Number: 06-006-066
  • Lot Size Acres: 0.43
  • Lot Size Sq Ft: 18730
  • ResoLotSizeUnits: Acres
  • Zoning Specification: AL8

Green Features

  • Green Verification Count: 1

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2020
Closed on
Feb 26, 2020
Sold by
Goss Sherod Dennis
Bought by
Weaver Chester Wayne and Weaver Kristen Marie
Seller's Agent
Sir Ashley Harrison
Fathom Realty NC LLC
Buyer's Agent
Cathy Weaver
Allen Tate Charlotte South
List Price
$268,900
Sold Price
$245,000
Premium/Discount to List
-$23,900
-8.89%
Current Estimated Value
$534,863

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$289,863
Avg. Annual Appreciation
15.82%
Original Mortgage
$196,000
Outstanding Balance
$175,744
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$358,649
Source: Public Records

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Range of Values:

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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
Weaver Chester Wayne $245,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weaver Chester Wayne $196,000
Previous Owner Fanning Amelia D $15,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2020 02/27/20 Sold $245,000 -8.9% $85 / Sq Ft
01/19/2020 01/19/20 Pending -- -- --
01/11/2020 01/11/20 For Sale $268,900 -- $93 / 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 $1,949 $302,500 $56,600 $245,900
2023 $1,931 $302,500 $56,600 $245,900
2022 $1,931 $302,500 $56,600 $245,900
2021 $1,927 $302,500 $56,600 $245,900
2020 $1,680 $213,600 $33,500 $180,100
2019 $1,672 $213,600 $33,500 $180,100
2018 $1,672 $213,600 $33,500 $180,100
2017 $1,781 $213,600 $33,500 $180,100
2016 $1,750 $213,600 $33,500 $180,100
2015 $1,754 $213,600 $33,500 $180,100
2014 $1,755 $249,500 $50,000 $199,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3581507

Canopy MLS (Canopy Realtor® Association)

APN: 06-006-066