NOT LISTED FOR SALE

806 Colony Oaks Dr Unit B Monroe, NC 28112

Estimated Value: $287,000 - $374,000

2 Beds
2.5 Baths
1,618 Sq Ft
$150/mo HOA Fee

Last Sold November 16, 2022

Last sale price $270,000 $167 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $2,116/month

2 Days on Market

Highlights

  • Open Floorplan
  • Transitional Architecture
  • Built-In Features
  • Marble Flooring
  • Lawn
  • Walk-In Closet

About This Home

As of November 2022

Appraised at $283,000 in May 2022 --Beautiful roomy condo surrounded by nature, peace, and quiet (Only 5 Condos)-- Minutes to downtown Monroe --Convenient to hospital, shopping, restaurants-- Short drive to Hwy 74 and the Bypass (Fast access to Charlotte, Matthews, and Indian Trail)-- Spacious Living and Dining rooms. Fireplace w/gas logs. TV Nook with built in shelving. Beautiful crown molding. Overhead recessed lighting in lower and upper levels. Kitchen has inviting breakfast nook, dishwasher, white cabinets and granite countertops. Half bath downstairs. Laundry room w/shelving. Each bedroom has private full bath and walk-in closet. Ceiling fans. Large walk-in attic storage area. Single car garage. Nice patio in touch with nature. Well maintained and beautifully landscaped.

Last Listed By

Dennis McManus

LPT Realty LLC License #268017 Listed on: 09/24/2022

LPT Realty LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,107

Year Built

  • Built in 1985

Lot Details

  • 1.02

HOA Fees

  • $150 Monthly HOA Fees

Parking

  • Driveway

Home Design

  • Transitional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • Open Floorplan
  • Built-In Features
  • Ceiling Fan
  • Great Room with Fireplace

Kitchen

  • Electric Range
  • Plumbed For Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Additional Features

  • Patio
  • Lawn
  • Heat Pump System

Community Details

  • Colony Oaks HOA
  • Colony Oaks Condos
  • Colony Oaks Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 09-234-171-03

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,107

Year Built

Built in 1985

Lot Details

0

HOA Fees

$150 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Transitional
  • Year Built: 1985
  • Restrictions: No Representation
  • Doors and Windows: Storm Door(s)
  • Unit Floor Level: 1
  • Road Surface Type: Concrete
  • Structure Type: Two Story
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 166.87
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Slab
  • Fireplace: Yes
  • Flooring: Carpet, Laminate, Marble, Tile
  • Interior Amenities: Attic Walk In, Built Ins, Open Floorplan, Pantry, Walk-In Closet(s)
  • Fixture Exception Yn: 0
  • Sq Ft Additional: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 980
  • 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: 638
  • Porch: Patio
  • Appliances: Cable Prewire, Ceiling Fan(s), Dishwasher, Disposal, Electric Dryer Hookup, Electric Range, Plumbed For Ice Maker
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log, Great Room
  • Living Area: 1618
  • Full Bathrooms: 0
  • Total Bedrooms: 0
  • Half Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Half Bathrooms: 0

Exterior Features

  • Exterior Features: Lawn Maintenance
  • New Construction: No
  • Roof: Composition
  • Tax Location: Monroe
  • Construction Type: Site Built
  • Construction Type: Brick

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 0
  • Parking Features: Driveway, Garage - 1 Car

Utilities

  • Heating: Heat Pump, Heat Pump
  • Sewer: Public Sewer
  • Water Heater: Electric
  • Laundry Features: Main Level
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 150
  • Association Fee Frequency: Monthly
  • Hoa Subject To Dues: Mandatory
  • Complex Name: Colony Oaks
  • Association Name: Colony Oaks HOA
  • ResoAssociationFeeFrequency: Monthly

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: Required
  • CAR_YearlyHOAExpense: 1800.00

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 09-234-171-03
  • Land Included Yn: 0
  • Zoning Description: AW7
  • ResoLotSizeUnits: Acres

Tax Info

  • RATIO List Price By Tax Amount: 1.41304

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
Sep 24, 2022
Closed on
Nov 16, 2022
Sold by
Wyche Matthew J
Bought by
Caldwell Ingrid
Seller's Agent
Dennis McManus
LPT Realty LLC
Buyer's Agent
Rachel Demeter
COMPASS
List Price
$273,000
Sold Price
$270,000
Premium/Discount to List
-$3,000
-1.1%
Total Days on Market
2
Views
6
Current Estimated Value
$321,374

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,374
Avg. Annual Appreciation
7.31%

Purchase Details

Listed on
Apr 8, 2022
Closed on
May 12, 2022
Sold by
Pennington Dana M
Bought by
Wyche Matthew J
Seller's Agent
Lynda Paxton
Paxton Properties
Buyer's Agent
Dennis McManus
LPT Realty LLC
List Price
$265,000
Sold Price
$273,000
Premium/Discount to List
$8,000
3.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.10%
Original Mortgage
$193,000
Interest Rate
5.3%
Mortgage Type
Balloon

Purchase Details

Listed on
Oct 11, 2019
Closed on
Jan 17, 2020
Sold by
Knock Homes A Llc
Bought by
Pennington Dana M
Seller's Agent
Dustin Davis
Gonzalez Realty
Buyer's Agent
Lynda Paxton
Paxton Properties
List Price
$189,000
Sold Price
$165,000
Premium/Discount to List
-$24,000
-12.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.36%
Original Mortgage
$155,200
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 12, 2018
Closed on
Aug 16, 2018
Sold by
Rogers Beth Lawrence and Rogers Martha Elizabeth
Bought by
Knock Homes A Llc
Seller's Agent
Richard Price
R.W Price Realty LLC
Buyer's Agent
Dustin Davis
Gonzalez Realty
List Price
$175,000
Sold Price
$177,500
Premium/Discount to List
$2,500
1.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.46%
Original Mortgage
$138,400
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 28, 2002
Sold by
Edwards John H
Bought by
Rogers Beth Lawrence

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,000
Interest Rate
6.85%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 25, 2000
Sold by
Kevin Richardson Jon and Kevin Teresa N
Bought by
Edwards John H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,110
Interest Rate
8.12%
Mortgage Type
Commercial

Range of Values:

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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
Caldwell Ingrid $270,000 --
Wyche Matthew J $273,000 Hejirika Law Pllc
Pennington Dana M $165,000 None Available
Knock Homes A Llc $177,500 None Available
Rogers Beth Lawrence $123,000 --
Edwards John H $108,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wyche Matthew J $193,000
Previous Owner Pennington Dana M $155,200
Previous Owner Knock Homes A Llc $138,400
Previous Owner Rogers Beth $12,000
Previous Owner Rogers Beth $87,000
Previous Owner Rogers Beth Lawrence $98,000
Previous Owner Edwards John H $97,110
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2022 11/16/22 Sold $270,000 -1.1% $167 / Sq Ft
09/26/2022 09/26/22 Pending -- -- --
09/24/2022 09/24/22 For Sale $273,000 0.0% $169 / Sq Ft
05/12/2022 05/12/22 Sold $273,000 +3.0% $169 / Sq Ft
04/08/2022 04/08/22 For Sale $265,000 +60.6% $164 / Sq Ft
01/21/2020 01/21/20 Sold $165,000 -12.6% $102 / Sq Ft
11/15/2019 11/15/19 Pending -- -- --
11/01/2019 11/01/19 Price Changed $188,800 -0.1% $117 / Sq Ft
10/24/2019 10/24/19 Price Changed $188,900 -0.1% $117 / Sq Ft
10/11/2019 10/11/19 For Sale $189,000 +6.5% $117 / Sq Ft
10/05/2018 10/05/18 Sold $177,500 -4.1% $109 / Sq Ft
08/02/2018 08/02/18 Pending -- -- --
06/12/2018 06/12/18 Price Changed $185,000 +5.7% $113 / Sq Ft
06/12/2018 06/12/18 For Sale $175,000 -- $107 / 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
2024 $2,107 $193,200 $0 $193,200
2023 $2,107 $193,200 $0 $193,200
2022 $971 $193,200 $0 $193,200
2021 $2,107 $193,200 $0 $193,200
2020 $616 $100,000 $0 $100,000
2019 $1,347 $100,000 $0 $100,000
2018 $616 $100,000 $0 $100,000
2017 $1,367 $100,000 $0 $100,000
2016 $767 $100,000 $0 $100,000
2015 $777 $100,000 $0 $100,000
2014 $1,447 $118,630 $0 $118,630
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3906907

Canopy MLS (Canopy Realtor® Association)

APN: 09-234-171-03