NOT LISTED FOR SALE

7503 Tesh Rd Monroe, NC 28110

Estimated Value: $263,000 - $275,000

2 Beds
1 Bath
1,248 Sq Ft
$217/Sq Ft Est. Value

Last Sold September 30, 2022

Last sale price $230,000 $184 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $1,520/month

43 Days on Market

Highlights

  • Wooded Lot
  • Ranch Style House
  • Separate Outdoor Workshop
  • Fairview Elementary School Rated A-
  • Covered Patio or Porch
  • Detached Garage

About This Home

As of September 2022

Price improvement!! If you are looking for country living look no further! This charming house has a rocking chair front porch with beautiful views. House is move in ready but could use some TLC. Sits on 1.21 acres and has a wired detached garage/workshop plus another building. Please watch your step if you enter the storage building. Home and buildings are being sold as is, sellers can not make any repairs. Per previous owners, HVAC and refrigerator were replaced in 2017/2018. New dishwasher. All appliances stay! There is a water softener but owners have not been using, tub and toilet have been stained. Sellers are still cleaning up the property, pool and chicken coop will be removed but the swingset will stay.

Last Agent to Sell the Property

Lezli Leath

Lantern Realty & Development LLC License #308756 Listed on: 08/18/2022

Last Buyer's Agent

Rebecca Lawson

RE/MAX Executive License #118071

RE/MAX Executive

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1960

Lot Details

  • Lot Dimensions are 34'7x114'x289'x50'131'
  • Fenced
  • Level Lot
  • Open Lot
  • Wooded Lot
  • Property is zoned AU5, Ra-40

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • 1,248 Sq Ft Home
  • Ceiling Fan
  • Crawl Space

Kitchen

  • Electric Range
  • Plumbed For Ice Maker
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry in Mud Room
  • Dryer

Parking

  • Detached Garage
  • Driveway

Accessible Home Design

  • More Than Two Accessible Exits

Outdoor Features

  • Covered Patio or Porch
  • Fire Pit
  • Separate Outdoor Workshop
  • Outbuilding

Utilities

  • Forced Air Heating System
  • Septic Tank

Community Details

  • Fairfield Plantation Subdivision

Listing and Financial Details

  • Assessor Parcel Number 08-156-002

Home Details

Home Type

Single Family

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Year Built: 1960
  • Ratio Current Price By Acre: 190082.64
  • Restrictions: No Restrictions
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Dirt
  • Structure Type: One Story
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 184.29
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: No
  • Flooring: Carpet, Laminate, Vinyl
  • Fixture Exception Yn: 0
  • Sq Ft Additional: 592
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1248
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Second Living Quarters Hla: 0
  • Second Living Quarters Sq Ft: 0
  • Porch: Covered,Front,Side
  • Appliances: Ceiling Fan(s), Dishwasher, Dryer, Electric Range, Plumbed For Ice Maker, Refrigerator
  • Accessibility Features: Two or More Access Exits
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 1248
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Half Bathrooms: 0

Exterior Features

  • Exterior Features: Fence, Fire Pit, Outbuilding(s), Workshop
  • New Construction: No
  • Construction Status: Complete
  • Tax Location: No City Taxes Paid
  • Construction Type: Site Built
  • Construction Type: Brick

Garage/Parking

  • Main Level Garage YN: 1
  • Parking Features: Detached, Driveway

Utilities

  • Heating: Central, Forced Air
  • Sewer: Septic Installed
  • Water Heater: Electric
  • Laundry Features: Mud Room
  • Water Source: Water Softener System, Well

Condo/Co-op/Association

  • Hoa Subject To Dues: No

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: None
  • CAR_YearlyHOAExpense: 0.00

Lot Info

  • Lot Features: Level, Long Range View, Open Lot, Wooded, Wooded
  • Lot Size Units: Acres
  • Parcel Number: 08-156-002
  • Lot Size: 34'7x114'x289'x50'131'
  • Zoning Description: Ra-40
  • ResoLotSizeUnits: Acres

Tax Info

  • RATIO List Price By Tax Amount: 1.43527

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2022
Closed on
Sep 29, 2022
Sold by
Moree Matthew J and Moree Sara B
Bought by
Lopresto Caleb L and Lopresto Makayla A
Seller's Agent
Lezli Leath
Lantern Realty & Development LLC
Buyer's Agent
Rebecca Lawson
RE/MAX Executive
List Price
$265,000
Sold Price
$230,000
Premium/Discount to List
-$35,000
-13.21%
Views
29
Current Estimated Value
$271,040

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,040
Avg. Annual Appreciation
5.12%
Original Mortgage
$210,000
Outstanding Balance
$199,860
Interest Rate
5.13%
Mortgage Type
New Conventional
Estimated Equity
$71,180

Purchase Details

Listed on
Jun 15, 2018
Closed on
Jul 16, 2018
Sold by
Ponder Kevin E and Ponder Stacey D
Bought by
Moree Matthew J and Moree Sara B
Seller's Agent
Rose Bonifacio
NorthGroup Real Estate LLC
Buyer's Agent
Robin Bennett
Lake Tillery Properties LLC
List Price
$150,000
Sold Price
$147,500
Premium/Discount to List
-$2,500
-1.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.13%
Original Mortgage
$147,500
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 21, 2017
Closed on
Jul 11, 2017
Sold by
Worman Mark
Bought by
Ponder Kevin E and Ponder Stacey D
Seller's Agent
Susie Verrill
NextHome Paramount
Buyer's Agent
Rose Bonifacio
NorthGroup Real Estate LLC
List Price
$125,000
Sold Price
$121,000
Premium/Discount to List
-$4,000
-3.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.66%
Original Mortgage
$84,700
Interest Rate
3.95%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Oct 9, 2012
Sold by
Secretary Of Hud
Bought by
Worman Mark

Purchase Details

Closed on
Aug 8, 2012
Sold by
Litz Rodney W and Henry Deneen M
Bought by
Secretary Of Hud

Purchase Details

Closed on
Dec 15, 1997
Sold by
Mcrorie Timothy W and Mcrorie Crystal D
Bought by
Litz Rodney W and Henry Deneen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,284
Interest Rate
7.2%
Mortgage Type
FHA
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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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
Lopresto Caleb L $230,000 --
Moree Matthew J $147,500 None Available
Ponder Kevin E $121,000 None Available
Worman Mark -- None Available
Secretary Of Hud -- None Available
Litz Rodney W $74,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lopresto Caleb L $210,000
Previous Owner Moree Matthew J $147,500
Previous Owner Ponder Kevin E $84,700
Previous Owner Litz Rodney W $74,284
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/30/2022 09/30/22 Sold $230,000 -6.1% $184 / Sq Ft
08/24/2022 08/24/22 Price Changed $245,000 -7.5% $196 / Sq Ft
08/18/2022 08/18/22 For Sale $265,000 +79.7% $212 / Sq Ft
07/16/2018 07/16/18 Sold $147,500 -1.7% $118 / Sq Ft View Prior Sale
06/17/2018 06/17/18 Pending -- -- --
06/15/2018 06/15/18 For Sale $150,000 +24.0% $120 / Sq Ft
07/11/2017 07/11/17 Sold $121,000 -3.2% $97 / Sq Ft View Prior Sale
06/23/2017 06/23/17 Pending -- -- --
06/21/2017 06/21/17 For Sale $125,000 -- $100 / 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 $1,240 $242,900 $0 $0
2024 $1,141 $170,700 $44,600 $126,100
2023 $1,124 $170,700 $44,600 $126,100
2022 $1,124 $170,700 $44,600 $126,100
2021 $1,125 $170,700 $44,600 $126,100
2020 $878 $109,440 $30,140 $79,300
2019 $921 $109,440 $30,140 $79,300
2018 $921 $109,440 $30,140 $79,300
2017 $992 $111,300 $30,100 $81,200
2016 $975 $111,340 $30,140 $81,200
2015 $987 $111,340 $30,140 $81,200
2014 $877 $117,780 $49,530 $68,250
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3895949

Canopy MLS (Canopy Realtor® Association)

APN: 08-156-002