NOT LISTED FOR SALE

705 Forest Valley Ln Monroe, NC 28112

Estimated Value: $238,293 - $299,000

-- Bed
2 Baths
1,378 Sq Ft
$193/Sq Ft Est. Value

About This Home

This home is located at 705 Forest Valley Ln, Monroe, NC 28112 and is currently estimated at $265,323, approximately $192 per square foot. 705 Forest Valley Ln is a home located in Union County with nearby schools including East Elementary School, Monroe Middle School, and Monroe High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 31, 2018
Sold by
Burgess Delana K and Burgess Delana K
Bought by
Murry Thomas C
Current Estimated Value
$269,372

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,000
Outstanding Balance
$336,072
Interest Rate
4.4%
Mortgage Type
Commercial
Estimated Equity
-$70,749

Purchase Details

Closed on
Aug 3, 2007
Sold by
Nexity Bank
Bought by
Burgess Marvin Ray

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
6.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 22, 2007
Sold by
Mcmahan Ron A and Mcmahan Linda S
Bought by
Nexity Bank

Purchase Details

Closed on
Jan 14, 2003
Sold by
Mcmahan Ron A and Mcmahan Linda S
Bought by
First Connor Corp
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Murry Thomas C $490,000 None Available
Burgess Marvin Ray $525,000 None Available
Nexity Bank $553,901 None Available
First Connor Corp -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Murry Thomas C $392,000
Previous Owner Burgess Marvin Ray $125,000
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
2025 $2,213 $253,200 $0 $0
2024 $1,709 $156,700 $14,200 $142,500
2023 $1,709 $156,700 $14,200 $142,500
2022 $1,709 $156,700 $14,200 $142,500
2021 $1,709 $156,700 $14,200 $142,500
2020 $878 $65,230 $12,030 $53,200
2019 $878 $65,230 $12,030 $53,200
2018 $402 $65,230 $12,030 $53,200
2017 $891 $65,200 $12,000 $53,200
2016 $882 $65,230 $12,030 $53,200
2015 $506 $65,230 $12,030 $53,200
2014 $1,407 $115,300 $17,290 $98,010
Source: Public Records

Map

North Carolina Union County Monroe 28112

705 Forest Valley Ln, Monroe, NC

Not Listed for Sale

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Nearby Homes