NOT LISTED FOR SALE

803 Circle Trace Rd Monroe, NC 28110

Estimated Value: $609,672 - $646,000

5 Beds
3.5 Baths
3,447 Sq Ft
$183/Sq Ft Est. Value

Last Sold April 26, 2022

Last sale price $561,000 $163 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $3,585/month

27 Days on Market

Highlights

  • Double Oven
  • Attached Garage
  • Laundry Room
  • Wesley Chapel Elementary School Rated A
  • Patio
  • Central Heating

About This Home

As of April 2022

Be prepared to fall in love with this 5 bedroom, 3.5 bathroom home in the coveted community of Potters Trace. A beautiful two-story foyer greets you upon entering this home. The spacious, open kitchen enjoys granite countertops, a tile backsplash, a breakfast bar, recessed lighting, and ample cabinetry space. Take your meals out onto the patio and enjoy the verdant surroundings of your backyard! After dinner, retreat to the fireplace-centered living room for a cozy movie night! Upstairs, the primary bedroom hosts a tray ceiling, a large walk-in closet, and an ensuite bathroom. Four additional bedrooms and three full bathrooms complete the upper level of this meticulously maintained home. This home is conveniently located minutes from shopping, dining, parks, and much more! Professional measurements coming soon!

Last Agent to Sell the Property

Jessica Smith

Keller Williams South Park License #286501 Listed on: 03/04/2022

Keller Williams South Park

Co-Listed By

Trent Corbin

Keller Williams South Park License #266315

Last Buyer's Agent

Kranthi Aella

Red Bricks Realty LLC License #274836

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2005

Lot Details

  • 0.42

HOA Fees

  • $37 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Slab Foundation

Interior Spaces

  • Ceiling Fan
  • Living Room with Fireplace
  • Laundry Room

Kitchen

  • Double Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms

Schools

  • Wesley Chapel Elementary School
  • Weddington Middle School
  • Weddington High School

Utilities

  • Central Heating
  • Cable TV Available

Additional Features

  • Patio
  • Zoning described as AO8

Community Details

  • Ke Community Management Association
  • Potters Trace Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 06-006-169

Home Details

Home Type

Single Family

Year Built

Built in 2005

Lot Details

0

HOA Fees

$37 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2005
  • Ratio Current Price By Acre: 1335714.29
  • Road Surface Type: Concrete
  • Structure Type: Two Story
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Fireplace: Yes
  • Flooring: See Remarks
  • Fixture Exception Yn: 0
  • Sq Ft Additional: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1848
  • 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: 1599
  • Porch: Patio
  • Appliances: Cable Prewire, Ceiling Fan(s), Electric Cooktop, Dishwasher, Double Oven, Microwave
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Living Room
  • Living Area: 3447
  • Full Bathrooms: 0
  • Total Bedrooms: 0
  • Half Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Half Bathrooms: 0

Exterior Features

  • New Construction: No
  • Roof: See Remarks
  • Tax Location: Monroe
  • Construction Type: Site Built
  • Construction Type: Other

Garage/Parking

  • Main Level Garage YN: 1
  • Parking Features: Attached Garage, Garage - 2 Car

Utilities

  • Heating: Central
  • Sewer: Public Sewer
  • Water Heater: Other
  • Laundry Features: Main Level
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 220
  • Association Fee Frequency: Semi-Annually
  • Hoa Subject To Dues: Mandatory
  • Association Name: Ke Community Management
  • ResoAssociationFeeFrequency: SemiAnnually

Schools

  • Middle Or Junior School: Weddington
  • HOA Subject To: Required

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 06-006-169
  • Lot Size: 0
  • Zoning Description: AO8

Tax Info

  • RATIO List Price By Tax Amount: 1.59428

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Wesley Chapel
  • High School: Weddington

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2022
Closed on
Apr 25, 2022
Sold by
Zillow Homes Property Trust
Bought by
Poola Niharika and Bommala Vamshikrishna
Seller's Agent
Jessica Smith
Keller Williams South Park
Buyer's Agent
Kranthi Aella
Red Bricks Realty LLC
List Price
$529,300
Sold Price
$561,000
Premium/Discount to List
$31,700
5.99%
Current Estimated Value
$628,876

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,876
Avg. Annual Appreciation
3.31%
Original Mortgage
$533,500
Outstanding Balance
$497,163
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$135,005

Purchase Details

Closed on
Dec 15, 2021
Sold by
Abreu Daphne
Bought by
Zillow Homes Property Trust

Purchase Details

Listed on
Jul 27, 2020
Closed on
Aug 26, 2020
Sold by
Burrowes Cecil B and Burrowes Nicole T
Bought by
Abreu Daphne
Seller's Agent
Donald Newell
David Hoffman Realty
Buyer's Agent
Lorena Pujols
United Real Estate-Queen City
List Price
$369,900
Sold Price
$367,400
Premium/Discount to List
-$2,500
-0.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.70%
Original Mortgage
$293,920
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 10, 2010
Sold by
Potters Trace Owners Association Inc
Bought by
Burrowes Cecil B and Burrowes Nicole T

Purchase Details

Closed on
May 30, 2007
Sold by
Dotson David G and Dotson Juliana T
Bought by
Burrowes Cecil B and Burrowes Nicole T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.12%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 28, 2005
Sold by
Nvr Inc
Bought by
Dotson David G and Dotson Juliana T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,738
Interest Rate
5.66%
Mortgage Type
Fannie Mae Freddie Mac
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
Poola Niharika $561,000 Costner Law Office Pllc
Zillow Homes Property Trust $498,500 Zillow Closing Services Llc
Abreu Daphne $367,500 None Available
Burrowes Cecil B $1,000 None Available
Burrowes Cecil B $312,500 None Available
Dotson David G $281,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Poola Niharika $533,500
Previous Owner Abreu Daphne $293,920
Previous Owner Burrowes Cecil B $250,000
Previous Owner Dotson David G $224,738
Closed Dotson David G $56,185
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/26/2022 04/26/22 Sold $561,000 +6.0% $163 / Sq Ft
03/31/2022 03/31/22 Pending -- -- --
03/28/2022 03/28/22 For Sale $529,300 0.0% $154 / Sq Ft
03/09/2022 03/09/22 Pending -- -- --
03/04/2022 03/04/22 For Sale $529,300 +44.1% $154 / Sq Ft
08/26/2020 08/26/20 Sold $367,400 -0.7% $105 / Sq Ft View Prior Sale
07/28/2020 07/28/20 Pending -- -- --
07/27/2020 07/27/20 For Sale $369,900 -- $105 / 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 $3,030 $622,000 $0 $0
2024 $2,177 $337,900 $56,600 $281,300
2023 $2,157 $337,900 $56,600 $281,300
2022 $2,119 $332,000 $56,600 $275,400
2021 $2,115 $332,000 $56,600 $275,400
2020 $1,912 $244,300 $33,500 $210,800
2019 $1,912 $244,300 $33,500 $210,800
2018 $0 $244,300 $33,500 $210,800
2017 $2,020 $244,300 $33,500 $210,800
2016 $1,984 $244,300 $33,500 $210,800
2015 $2,006 $244,300 $33,500 $210,800
2014 $1,975 $280,790 $50,000 $230,790
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3834644

Canopy MLS (Canopy Realtor® Association)

APN: 06-006-169