NOT LISTED FOR SALE

7825 Medlin Rd Unit 1 Monroe, NC 28112

Estimated Value: $233,000 - $360,438

3 Beds
2 Baths
1,510 Sq Ft
$209/Sq Ft Est. Value

Last Sold October 16, 2020

Last sale price $230,456 $153 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $1,766/month

37 Days on Market

Highlights

  • Home Under Construction
  • Attached Garage
  • Fire Pit
  • Corner Lot
  • 1-Story Property
  • Gas Log Fireplace

About This Home

As of October 2020

NEW CONSTRUCTION! Enjoy rural living with no HOA in this gorgeous 3 bedroom, 2 bath ranch home on a 1 acre lot. This plan offers a spacious open floor plan, with granite countertops, stainless appliance package and an oversized owner’s suite. This is a rare opportunity to walk out your door and stand in 2 states simultaneously! Enjoy spending lazy afternoons on your covered front porch or evenings by your included outdoor fire pit. Construction can begin in April 2020. $1,000 in closing costs assistance if buyer uses preferred lender.

Last Agent to Sell the Property

Brian Taylor

Dreamline Realty, LLC License #215008 Listed on: 02/17/2020

Co-Listed By

Peter Zambuto

Dreamline Realty, LLC License #311675

Last Buyer's Agent

Lynn Glasgow

Keller Williams Connected License #310350

Keller Williams Connected

Home Details

Home Type

  • Single Family

Lot Details

  • 1.04

Parking

  • Attached Garage

Home Design

  • Home Under Construction
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • 1-Story Property
  • Gas Log Fireplace
  • Laminate Flooring

Additional Features

  • Fire Pit
  • Corner Lot
  • Septic Tank

Community Details

  • Built by Emerald Building Services

Listing and Financial Details

  • Assessor Parcel Number 03-159-019C

Home Details

Home Type

Single Family

Lot Details

1.04 Acres

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Construction Status: Under Construction
  • Ratio Close Price By List Price: 0.93340
  • Ratio Close Price By Original Li: 0.93340
  • Ratio Current Price By Acre: 221592.31
  • Ratio Current Price By Sq Ft: 152.62
  • Special Features: NewHome
  • Stories: 1

Interior Features

  • Foundation Details: Slab
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Equipment: Ceiling Fan(s), Cable Prewire, Cooktop Electric, Disposal, Dishwasher, Electric Dryer Hookup, Electric Range, Ice Maker Connection, Microwave, Electric Oven
  • Fireplace Description: FAMILYRM, Gas Logs
  • Fireplace: Yes
  • Flooring: Laminate Wood
  • Interior Amenities: Pantry
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 1510
  • Total Sq Ft: 1510
  • Sq Ft Unheated Main: 603
  • Sq Ft Unheated Total: 603

Exterior Features

  • Construction: Brick Partial, Vinyl
  • Construction Type: Site Built
  • Exterior Features: Fire pit
  • New Construction: Yes

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Garage - 2 Car

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: Septic Installed
  • Water: Well Installed
  • Water Heater: Electric

Lot Info

  • Lot Features: Corner Lot
  • Parcel Number: 03-159-019C
  • Zoning Specification: RES

Building Info

  • Builder Name: Emerald Building Services

Tax Info

  • Tax Value: 20200.00
  • Tax Location: Union

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2020
Closed on
Oct 16, 2020
Sold by
Emerald Building Group Llc
Bought by
Kovalev Yelena and Kovalev Oleg Valeryevich
Seller's Agent
Brian Taylor
Dreamline Realty, LLC
Buyer's Agent
Lynn Glasgow
Keller Williams Connected
List Price
$246,900
Sold Price
$230,456
Premium/Discount to List
-$16,444
-6.66%
Current Estimated Value
$315,610

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,154
Avg. Annual Appreciation
5.97%
Original Mortgage
$226,281
Outstanding Balance
$200,353
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$115,257

Purchase Details

Listed on
Feb 17, 2020
Closed on
Sep 9, 2020
Sold by
Stone Matthew Craig and Stone Autumn Lee
Bought by
Emerald Building Group Llc
Seller's Agent
Brian Taylor
Dreamline Realty, LLC
Buyer's Agent
Lynn Glasgow
Keller Williams Connected
List Price
$246,900
Sold Price
$230,456
Premium/Discount to List
-$16,444
-6.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,281
Outstanding Balance
$200,353
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$115,257

Purchase Details

Closed on
Feb 6, 2020
Sold by
Lanes Creek Farms Llc
Bought by
Stone Matthew Craig

Purchase Details

Closed on
Dec 5, 2018
Sold by
Sligar Howey Jr Franklin Wyette and Sligar Howey Alison
Bought by
Lanes Creek Farms Llc
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
Kovalev Yelena $230,500 Investors Title
Emerald Building Group Llc -- None Available
Stone Matthew Craig $38,000 None Available
Lanes Creek Farms Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kovalev Yelena $226,281
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/16/2020 10/16/20 Sold $230,456 -6.7% $153 / Sq Ft
03/25/2020 03/25/20 Pending -- -- --
02/17/2020 02/17/20 For Sale $246,900 -- $164 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $1,486 $305,000 $0 $0
2024 $1,559 $238,500 $17,100 $221,400
2023 $1,533 $238,500 $17,100 $221,400
2022 $1,533 $238,500 $17,100 $221,400
2021 $1,538 $238,500 $17,100 $221,400
2020 $12 $15,300 $15,300 $0
2019 $13 $15,300 $15,300 $0
2018 $122 $15,300 $15,300 $0
2017 $130 $15,300 $15,300 $0
2016 $127 $15,300 $15,300 $0
2015 $129 $15,300 $15,300 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3592418

Canopy MLS (Canopy Realtor® Association)

APN: 03-159-019-C

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