NOT LISTED FOR SALE

707 Bridgewater Dr Monroe, NC 28112

Estimated Value: $851,000 - $1,031,113

5 Beds
5.5 Baths
4,526 Sq Ft
$211/Sq Ft Est. Value

Last Sold June 10, 2020

Last sale price $534,000 $118 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $5,792/month

67 Days on Market

Highlights

  • Waterfront
  • Open Floorplan
  • Vaulted Ceiling
  • Rock Rest Elementary School Rated A-
  • Wooded Lot
  • Wood Flooring

About This Home

As of June 2020

Fabulous custom built home on Lake Lee! Dramatic foyer entry flanked by dining room and office with heavy moldings. Custom hardwoods, heavy wrought iron balusters, and solid wood treads are just a few luxury details you'll find. Gourmet kitchen w/ gas cooktop on massive island, granite, and custom cabinets. Bright great room features custom stacked stone fireplace. First floor owners suite (trey ceiling) with gorgeous bath and tons of closet space. Upstairs, 3 spacious bedrooms, 2 baths, and bonus room. Lower level boasts second living quarters with second master, second kitchen, living room/billiard/game room. Entertaining dream home! Spacious upper deck and covered patio with water views! Fire pit and sitting areas on 2.17 acres of lake front property!

Last Agent to Sell the Property

Patrick Nooney

RE/MAX Executive License #237095 Listed on: 03/10/2020

RE/MAX Executive

Co-Listed By

Mark Hatcher

RE/MAX Executive License #251014

Last Buyer's Agent

Mark Gibson

Coldwell Banker Realty License #306293

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2009

Lot Details

  • Waterfront
  • Wooded Lot
  • Many Trees

HOA Fees

  • $18 Monthly HOA Fees

Parking

  • 3

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Open Floorplan
  • Tray Ceiling
  • Vaulted Ceiling
  • Fireplace
  • Insulated Windows
  • Pull Down Stairs to Attic

Kitchen

  • Breakfast Bar
  • Oven
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • Whirlpool Bathtub
  • Garden Bath

Outdoor Features

  • Fire Pit

Listing and Financial Details

  • Assessor Parcel Number 09-161-079

Home Details

Home Type

Single Family

Year Built

Built in 2009

Lot Details

0

HOA Fees

$18 per month

Parking

3

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story/Basement
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.89015
  • Ratio Close Price By Original Li: 0.85440
  • Ratio Current Price By Acre: 246082.95
  • Ratio Current Price By Sq Ft: 117.98
  • Year Built: 2009
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement
  • Upper Level Sq Ft: 1083
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bathrooms: 6.00
  • Total Bedrooms: 5
  • Doors and Windows: Insulated Windows
  • Equipment: Cable Prewire, Ceiling Fan(s), Cooktop Gas, Dishwasher, Dryer, Ice Maker Connection, Microwave, Oven, Refrigerator, Wall Oven, Washer
  • Fireplace Description: Great Room
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Attic Stairs Pulldown, Breakfast Bar, Garden Tub, Kitchen Island, Open Floorplan, Pantry, Tray Ceiling, Vaulted Ceiling, Walk-In Closet(s), Whirlpool
  • Laundry Location: Main, Laundry Room
  • Room Count: 3
  • Second Living Quarters: Interior Connected, Room w/ Private Bath, Separate Kitchen Facilities, Separate Living Quarters
  • Second Living Quarters Hla: 1502
  • Sq Ft Basement: 1502
  • Main Level Sq Ft: 1941
  • Total Sq Ft: 4526
  • Sq Ft Unheated Basement: 300
  • Sq Ft Unheated Main: 834
  • Sq Ft Unheated Total: 1134

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built
  • Exterior Features: Fire pit

Garage/Parking

  • Driveway: Concrete
  • Parking: Garage - 3 Car, Side Load Garage

Utilities

  • Heating: Central Air, Heat Pump - AC, Heat Pump - Heat, Multizone A/C, MultiZone Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee: 220.00
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory

Lot Info

  • Lot Features: Lake, Trees, Views, Water view, Waterfront, Wooded
  • Parcel Number: 09-161-079
  • Zoning Specification: R

Tax Info

  • Tax Value: 528400.00
  • Tax Location: Monroe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2020
Closed on
Jun 10, 2020
Sold by
Reiter John R and Zabinski Mark A
Bought by
Zabinski Mark A
Seller's Agent
Patrick Nooney
RE/MAX Executive
Buyer's Agent
Mark Gibson
Coldwell Banker Realty
List Price
$625,000
Sold Price
$534,000
Premium/Discount to List
-$91,000
-14.56%
Current Estimated Value
$955,278

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$421,278
Avg. Annual Appreciation
10.94%
Original Mortgage
$398,000
Outstanding Balance
$351,234
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$604,044

Purchase Details

Closed on
Aug 19, 2016
Sold by
Reiter John R and Reiter Susan T
Bought by
Reiter John R and Reiter Susan T

Purchase Details

Closed on
Sep 19, 2012
Sold by
Citizens South Banking Corp
Bought by
Reiter John R and Reiter Susan T

Purchase Details

Closed on
Feb 24, 2012
Sold by
Mccorkle Construction Co Inc
Bought by
Citizens South Banking Corporation and Citizens South Bank

Purchase Details

Closed on
Sep 21, 2007
Sold by
Centrolina Builders Llc
Bought by
Mccorkle Construction Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
6.55%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 29, 2006
Sold by
Huffman Philip M and Huffman Sue B
Bought by
Centrolina Builders Llc

Purchase Details

Closed on
Jul 15, 2005
Sold by
Lake Lee Partners Llc
Bought by
Huffman Philip M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Zabinski Mark A $534,000 None Available
Reiter John R -- None Available
Reiter John R $420,000 None Available
Citizens South Banking Corporation $337,500 None Available
Mccorkle Construction Inc $75,000 None Available
Centrolina Builders Llc -- None Available
Huffman Philip M $57,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zabinski Mark A $398,000
Previous Owner Mccorkle Construction Inc $75,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/10/2020 06/10/20 Sold $534,000 -11.0% $118 / Sq Ft
05/16/2020 05/16/20 Pending -- -- --
04/07/2020 04/07/20 Price Changed $599,900 -4.0% $133 / Sq Ft
03/10/2020 03/10/20 For Sale $625,000 -- $138 / 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 $9,342 $1,068,600 $0 $0
2024 $6,315 $579,100 $108,600 $470,500
2023 $6,315 $579,100 $108,600 $470,500
2022 $6,315 $579,100 $108,600 $470,500
2021 $6,315 $579,100 $108,600 $470,500
2020 $7,119 $528,350 $80,450 $447,900
2019 $7,119 $528,350 $80,450 $447,900
2018 $3,257 $528,350 $80,450 $447,900
2017 $7,225 $528,400 $80,500 $447,900
2016 $7,031 $519,680 $71,780 $447,900
2015 $4,035 $519,680 $71,780 $447,900
2014 $6,057 $496,440 $94,000 $402,440
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3585360

Canopy MLS (Canopy Realtor® Association)

APN: 09-161-079