NOT LISTED FOR SALE

702 Circle Trace Rd Monroe, NC 28110

Estimated Value: $574,389 - $648,000

5 Beds
2.5 Baths
3,177 Sq Ft
$192/Sq Ft Est. Value

Last Sold August 17, 2021

Last sale price $445,000 $140 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $3,439/month

3 Days on Market

Highlights

  • Open Floorplan
  • Wood Flooring
  • Tray Ceiling
  • Wesley Chapel Elementary School Rated A
  • Recreation Facilities
  • Breakfast Bar

About This Home

As of August 2021

Home has been completely updated. New kitchen includes granite, ss appliances, custom backsplash & more. Hardwoods through most of main, updated staircase, formal living & dining rooms, main floor office/flex space w/French doors off spacious entry hall. Open concept, streaming w/abundant natural light. Family room w/gas log fireplace connects w/breakfast room. A huge sunroom off the rear opens to a spacious deck that has been updated. The rear backs onto a canopy of trees for privacy & serenity. Upstairs boasts five bedrooms or four bedrooms & a bonus. The master has tray ceiling & opens into an updated glamour bath w/soaker tub, shower, private water closet, dual vanities & walk in closet. Crawlspace recently updated, including new vapor barrier & insulation. Circle Trace has a green space across the street w/walking track, playground, & covered shelter. Weddington High & Middle. Close to Target & Harris Teeter on Weddington & only a short drive to Sun Valley Theatre & dining.

Last Agent to Sell the Property

Janet Teel

NorthGroup Real Estate LLC License #108885 Listed on: 07/15/2021

NorthGroup Real Estate LLC

Last Buyer's Agent

Pia Ramey

Carolina Living Associates LLC License #315344

Carolina Living Associates LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2002

Lot Details

  • Many Trees

HOA Fees

  • $37 Monthly HOA Fees

Parking

  • 2

Home Design

  • Vinyl Siding

Interior Spaces

  • Open Floorplan
  • Tray Ceiling
  • Gas Log Fireplace
  • Crawl Space
  • Breakfast Bar

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Garden Bath

Listing and Financial Details

  • Assessor Parcel Number 06-006-152

Community Details

Overview

  • Key Community Association, Phone Number (704) 321-1556

Amenities

  • Picnic Area

Recreation

  • Recreation Facilities
  • Community Playground
  • Trails

Home Details

Home Type

Single Family

Year Built

Built in 2002

Lot Details

0

HOA Fees

$37 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Construction Status: Complete
  • Ratio Close Price By List Price: 1.11281
  • Ratio Close Price By Original Li: 1.11281
  • Ratio Current Price By Acre: 1412698.41
  • Ratio Current Price By Sq Ft: 140.07
  • Year Built: 2002
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space
  • Upper Level Sq Ft: 1579
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 5
  • Equipment: Dishwasher, Disposal, Electric Range, Exhaust Fan, Ice Maker Connection, Microwave, Natural Gas, Network Ready
  • Fireplace Description: FAMILYRM, Gas Logs
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • H O A Management Phone: 704-321-1556
  • Interior Amenities: Attic Other, Breakfast Bar, Garden Tub, Open Floorplan, Pantry, Tray Ceiling
  • Laundry Location: Main, Laundry Room
  • Room Count: 2
  • Sq Ft Additional: 166
  • Main Level Sq Ft: 1598
  • Total Sq Ft: 3177

Exterior Features

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

Garage/Parking

  • Driveway: Concrete
  • Parking: Garage - 2 Car

Utilities

  • Heating: Central Air, Gas Hot Air Furnace
  • Sewer: County Sewer
  • Water: County Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Community Features: Picnic Area, Playground, Recreation Area, Walking Trails
  • Association Fee: 220.00
  • Association Fee Frequency: Semi-Annually
  • HOA Management Company: Key Community
  • Hoa Subject To Dues: Mandatory

Schools

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

Lot Info

  • Lot Dimension: .315
  • Lot Features: Trees
  • Lot Size Area: 0.315
  • Parcel Number: 06-006-152
  • Zoning Specification: sfr

Tax Info

  • Tax Value: 220500.00
  • Tax Location: Union

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 17, 2021
Sold by
Armstrong Nicholas and Armstrong Oksana
Bought by
Ramirez Mauricio Agredo and Sanchez Diana
Current Estimated Value
$610,097

Purchase Details

Listed on
Jul 15, 2021
Closed on
Aug 17, 2021
Sold by
Armstrong Nicholas and Armstrong Oksana
Bought by
Ramirez Mauricio Agredo and Sanchez Diana
Seller's Agent
Janet Teel
NorthGroup Real Estate LLC
Buyer's Agent
Pia Ramey
Carolina Living Associates LLC
List Price
$399,888
Sold Price
$445,000
Premium/Discount to List
$45,112
11.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.07%
Original Mortgage
$422,750
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 24, 2017
Closed on
Mar 21, 2017
Sold by
Deutsche Bank National Trust Co
Bought by
Armstrong Nicholas
Seller's Agent
Tom Mathern
Silver Fox Properties, L.L.C.
Buyer's Agent
Janet Teel
NorthGroup Real Estate LLC
List Price
$175,000
Sold Price
$190,000
Premium/Discount to List
$15,000
8.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.45%
Original Mortgage
$216,983
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 15, 2016
Sold by
Erickson Aimee
Bought by
Deutsche Bank National Trust Co and Hsi Asset Secuntization Corporation Trus

Purchase Details

Closed on
Feb 27, 2007
Sold by
Bradshaw Merril F and Bradshaw Kristin
Bought by
Erickson Aimee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,500
Interest Rate
10.5%
Mortgage Type
Balloon

Purchase Details

Closed on
Jul 1, 2004
Sold by
Mceligot Mark P and Mceligot Stacy B
Bought by
Bradshaw Merrill F and Bradshaw Kristin T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,800
Interest Rate
4.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 13, 2002
Sold by
Nvr Inc
Bought by
Mceligot Mark P and Mceligot Stacy B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,995
Interest Rate
4.37%
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
Ramirez Mauricio Agredo -- None Available
Ramirez Mauricio Agredo $445,000 Master Title Agency Llc
Armstrong Nicholas $190,000 None Available
Deutsche Bank National Trust Co $212,668 None Available
Erickson Aimee $275,000 None Available
Bradshaw Merrill F $235,500 --
Mceligot Mark P $235,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ramirez Mauricio Agredo $422,750
Previous Owner Armstrong Nicholas $216,983
Previous Owner Erickson Aimee $247,500
Previous Owner Bradshaw Merrill F $186,800
Previous Owner Mceligot Mark P $187,995
Closed Bradshaw Merrill F $34,935
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2021 08/17/21 Sold $445,000 +11.3% $140 / Sq Ft
07/18/2021 07/18/21 Pending -- -- --
07/15/2021 07/15/21 For Sale $399,888 +110.5% $126 / Sq Ft
03/31/2017 03/31/17 Sold $190,000 +8.6% $63 / Sq Ft
02/13/2017 02/13/17 Pending -- -- --
01/24/2017 01/24/17 For Sale $175,000 -- $58 / 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 $2,002 $310,700 $56,600 $254,100
2023 $1,984 $310,700 $56,600 $254,100
2022 $1,984 $310,700 $56,600 $254,100
2021 $1,979 $310,700 $56,600 $254,100
2020 $8 $220,500 $33,500 $187,000
2019 $1,726 $220,500 $33,500 $187,000
2018 $0 $220,500 $33,500 $187,000
2017 $1,823 $220,500 $33,500 $187,000
2016 $1,791 $220,500 $33,500 $187,000
2015 $1,811 $220,500 $33,500 $187,000
2014 $1,789 $254,300 $50,000 $204,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3757911

Canopy MLS (Canopy Realtor® Association)

APN: 06-006-152