Seller's Agent in 2022
Heather Gibbs
Corcoran HM Properties
(704) 975-9485
1 in this area
178 Total Sales
6207 Concord Hwy Monroe, NC 28110
Estimated Value: $480,000 - $554,000
2
Acres
$255,000
Price per Acre
87,120
Sq Ft Lot
Highlights
- Wooded Lot
- Pasture
- Level Lot
- Fairview Elementary School Rated A-
About This Lot
As of June 2022Incredible opportunity for development situated on 70 acres. Ideal location with plenty of road frontage on 601. Close access to 485 and Independence Blvd. Two parcels total 70.25 acres, sold together. There are two homes on these properties that are sold with no value, they are tenant occupied so please do not disturb them.
Last Agent to Sell the Property
Corcoran HM Properties License #295336 Listed on: 08/11/2021
Property Details
Property Type
- Land
Est. Annual Taxes
- $1,779
Lot Details
- Property fronts a state road
- Level Lot
- Wooded Lot
- Possible uses of the property include Horses, Private Estate, Residential
- Property is zoned R-40, RA-40
Schools
- Fairview Elementary School
- Piedmont Middle School
- Piedmont High School
Additional Features
- Pasture
- Septic Tank
Listing and Financial Details
- Assessor Parcel Number 08195009
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 11, 2021
Closed on
Jun 12, 2022
Sold by
Gaskins Debra H and Herman Earl
Bought by
Vera Oaks Investments Llc
Seller's Agent
Heather Gibbs
Corcoran HM Properties
Buyer's Agent
Ravi Vasireddy
Ram Realty LLC
List Price
$1,450,000
Sold Price
$1,200,000
Premium/Discount to List
-$250,000
-17.24%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$690,000
Avg. Annual Appreciation
-21.37%
Original Mortgage
$780,000
Outstanding Balance
$746,423
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
-$198,423
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Vera Oaks Investments Llc | -- | None Listed On Document | |
| Vera Oaks Investments Llc | $1,200,000 | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Vera Oaks Investments Llc | $780,000 | |
| Closed | Vera Oaks Investments Llc | $780,000 | |
| Previous Owner | Helms Nell L | $50,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/14/2022 06/14/22 | Sold | $1,200,000 | -17.2% | -- |
| 02/04/2022 02/04/22 | For Sale | $1,450,000 | 0.0% | -- |
| 02/04/2022 02/04/22 | Pending | -- | -- | -- |
| 02/01/2022 02/01/22 | For Sale | $1,450,000 | 0.0% | -- |
| 08/17/2021 08/17/21 | Pending | -- | -- | -- |
| 08/11/2021 08/11/21 | For Sale | $1,450,000 | -- | -- |
Source: Canopy MLS (Canopy Realtor® Association)
Tax History Compared to Growth
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 | $1,779 | $266,100 | $54,000 | $212,100 |
| 2023 | $1,752 | $266,100 | $54,000 | $212,100 |
| 2022 | $1,752 | $266,100 | $54,000 | $212,100 |
| 2021 | $1,754 | $266,100 | $54,000 | $212,100 |
| 2020 | $1,380 | $170,500 | $38,000 | $132,500 |
| 2019 | $1,380 | $170,500 | $38,000 | $132,500 |
| 2018 | $1,380 | $170,500 | $38,000 | $132,500 |
| 2017 | $1,404 | $162,800 | $38,000 | $124,800 |
| 2016 | $1,380 | $162,800 | $38,000 | $124,800 |
| 2015 | $1,397 | $162,800 | $38,000 | $124,800 |
| 2014 | $1,181 | $162,220 | $57,000 | $105,220 |
Source: Public Records
Agents Affiliated with this Home
-
Heather Gibbs
-
Ravi Vasireddy
R
Buyer's Agent in 2022
Ravi Vasireddy
Ram Realty LLC
(803) 740-0000
2 in this area
31 Total Sales
Map
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: 3772903
APN: 08-195-009
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