NOT LISTED FOR SALE

705 Summit St Monroe, NC 28112

Estimated Value: $176,000 - $248,000

3 Beds
2 Baths
1,269 Sq Ft
$174/Sq Ft Est. Value

Last Sold December 23, 2021

Last sale price $210,000 $165 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,299/month

112 Days on Market

About This Home

As of December 2021

This Monroe one-story home offers a deck, and granite countertops. This home has been virtually staged to illustrate its potential.

Last Agent to Sell the Property

Verria Hairston

Opendoor Brokerage LLC License #309654 Listed on: 07/26/2021

Last Buyer's Agent

Mike Koman

EXP Realty LLC Ballantyne License #118306

EXP Realty LLC Ballantyne

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Lot Details

  • 7,405

Home Design

  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • 1-Story Property
  • Crawl Space

Flooring

  • Carpet
  • Vinyl Plank

Schools

  • East Elementary School
  • Monroe Middle School
  • Central High School

Listing and Financial Details

  • Assessor Parcel Number 09-234-069

Home Details

Home Type

Single Family

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Construction Status: Complete
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 0.87500
  • Ratio Current Price By Acre: 1193181.82
  • Ratio Current Price By Sq Ft: 165.48
  • Year Built: 1940
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Equipment: Ceiling Fan(s), Dishwasher, Electric Range, Microwave
  • Flooring: Carpet, Vinyl Plank
  • Room Count: 1
  • Main Level Sq Ft: 1269
  • Total Sq Ft: 1269

Exterior Features

  • Construction: Vinyl, Wood
  • Construction Type: Site Built

Utilities

  • Heating: Electric Hot Air
  • Sewer: Public Sewer
  • Water: Public Water

Schools

  • Middle Or Junior School: Monroe

Lot Info

  • Parcel Number: 09-234-069
  • Zoning Specification: AQ5

Tax Info

  • Tax Value: 37500.00
  • Tax Location: Union

MLS Schools

  • Elementary School: East
  • High School: Central

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2021
Closed on
Dec 22, 2021
Sold by
Opendoor Property Trust I
Bought by
Jovel Heriberto A Parras and Ventura Sonia Avila
Seller's Agent
Verria Hairston
Opendoor Brokerage LLC
Buyer's Agent
Mike Koman
EXP Realty LLC Ballantyne
List Price
$240,000
Sold Price
$210,000
Premium/Discount to List
-$30,000
-12.5%
Current Estimated Value
$221,306

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,306
Avg. Annual Appreciation
1.32%
Original Mortgage
$206,196
Outstanding Balance
$188,519
Interest Rate
2.98%
Mortgage Type
FHA
Estimated Equity
$32,787

Purchase Details

Listed on
Jun 4, 2021
Closed on
Jul 20, 2021
Sold by
S & S Property Ventures Llc
Bought by
Opendoor Property Trust I
Seller's Agent
Steven Scott
NorthGroup Real Estate LLC
Buyer's Agent
Verria Hairston
Opendoor Brokerage LLC
List Price
$225,000
Sold Price
$212,100
Premium/Discount to List
-$12,900
-5.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.29%

Purchase Details

Listed on
Dec 2, 2020
Closed on
Dec 23, 2020
Sold by
M & P Properties
Bought by
S & S Property Ventures Llc
Seller's Agent
Kent Wilkinson
Morrison Appraisal Inc
Buyer's Agent
Jennifer Sage
DASH Carolina
List Price
$80,000
Sold Price
$77,500
Premium/Discount to List
-$2,500
-3.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
503.65%
Original Mortgage
$97,500
Interest Rate
2.8%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 17, 2012
Sold by
First Baptist Church Monroe Nc
Bought by
M & P Properties

Purchase Details

Closed on
Dec 23, 2011
Sold by
705 Summit Llc
Bought by
First Baptist Church Monroe Nc

Purchase Details

Closed on
Oct 27, 2011
Sold by
Treadwell Judith Ann and Trevarthen Wrenn T
Bought by
705 Summit Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Jovel Heriberto A Parras $210,000 Osn Chicago Title Ins Co
Opendoor Property Trust I $212,500 Chicago Title Insurance Co
Opendoor Property Trust $212,500 Chicago Title
S & S Property Ventures Llc $77,500 None Available
M & P Properties $15,000 None Available
First Baptist Church Monroe Nc -- None Available
705 Summit Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jovel Heriberto A Parras $206,196
Previous Owner S & S Property Ventures Llc $97,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/23/2021 12/23/21 Sold $210,000 0.0% $165 / Sq Ft
11/15/2021 11/15/21 Pending -- -- --
11/12/2021 11/12/21 Price Changed $210,000 -2.3% $165 / Sq Ft
10/28/2021 10/28/21 Price Changed $215,000 -1.4% $169 / Sq Ft
09/23/2021 09/23/21 Price Changed $218,000 -4.4% $172 / Sq Ft
09/09/2021 09/09/21 Price Changed $228,000 -2.1% $180 / Sq Ft
08/13/2021 08/13/21 Price Changed $233,000 -2.9% $184 / Sq Ft
07/26/2021 07/26/21 For Sale $240,000 +13.2% $189 / Sq Ft
07/20/2021 07/20/21 Sold $212,100 -1.3% $166 / Sq Ft View Prior Sale
07/02/2021 07/02/21 Pending -- -- --
06/18/2021 06/18/21 Price Changed $215,000 -1.8% $168 / Sq Ft
06/18/2021 06/18/21 Price Changed $219,000 -2.7% $172 / Sq Ft
06/04/2021 06/04/21 For Sale $225,000 +190.3% $176 / Sq Ft
12/29/2020 12/29/20 Sold $77,500 -3.1% $61 / Sq Ft View Prior Sale
12/05/2020 12/05/20 Pending -- -- --
12/02/2020 12/02/20 For Sale $80,000 -- $63 / 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
2025 $1,677 $191,800 $0 $0
2024 $1,096 $100,500 $14,100 $86,400
2023 $928 $85,100 $14,100 $71,000
2022 $928 $85,100 $14,100 $71,000
2021 $885 $81,200 $14,100 $67,100
2020 $505 $37,450 $11,950 $25,500
2019 $505 $37,450 $11,950 $25,500
2018 $231 $37,450 $11,950 $25,500
2017 $513 $37,500 $12,000 $25,500
2016 $507 $37,450 $11,950 $25,500
2015 $291 $37,450 $11,950 $25,500
2014 $730 $59,820 $14,860 $44,960
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3766821

Canopy MLS (Canopy Realtor® Association)

APN: 09-234-069