NOT LISTED FOR SALE

8111 Old Ferry Rd Monroe, NC 28110

Estimated Value: $907,695 - $1,147,000

6 Beds
4.5 Baths
4,851 Sq Ft
$206/Sq Ft Est. Value

Last Sold October 08, 2021

Last sale price $835,000 $172 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $5,559/month

24 Days on Market

Highlights

  • Wood Flooring
  • Fireplace
  • Attached Garage
  • Fairview Elementary School Rated A-

About This Home

As of October 2021

Welcome home! This stunning property sits on over 9acres total. The +- 4500 sft home is tucked away in the trees, featuring 6 bdrms & 4.5 bths. On the main level you will find a beautifully renoed kitchen w/SS appliances, granite counters, & gold hardware. The primary suite has a perfectly renoed bathroom - stand alone tub, walk-in shower, double sink marble vanity top. You will also find a spacious living room w/ fireplace, dining room, powder room, & laundry room downstairs. This home has a hidden gem second living quarters in the back. A private entrance, w/ living room/kitchenette, on-suite bath, & bedroom. Up the main staircase you will be welcomed by 4 bdrms & 2 full bths, as well as a bonus room w/ a private staircase to the laundry. Outside features a front porch & large back covered porch over looking the lawn. Detached two car garage, w/ additional storage shed in the back. The land has been divided but being sold as one. Adorable playhouse conveys.

Last Agent to Sell the Property

Hailey Edwards

ERA Live Moore License #277806 Listed on: 08/11/2021

ERA Live Moore

Last Buyer's Agent

Jackson Bailey

MBA Real Estate, LLC License #312710

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1992

Lot Details

  • 9.16

Parking

  • Attached Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Fireplace
  • Crawl Space

Flooring

  • Wood
  • Carpet
  • Tile

Utilities

  • Heating System Uses Propane
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 08-117-023

Home Details

Home Type

Single Family

Year Built

Built in 1992

Lot Details

0

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Ratio Close Price By List Price: 0.98235
  • Ratio Close Price By Original Li: 0.92778
  • Ratio Current Price By Acre: 91157.21
  • Ratio Current Price By Sq Ft: 172.13
  • Year Built: 1992
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space
  • Upper Level Sq Ft: 2331
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5.00
  • Total Bedrooms: 6
  • Equipment: Ceiling Fan(s), Dishwasher
  • Fireplace Description: Living Room
  • Fireplace: Yes
  • Fixture Exception Description: please see attachments
  • Fixture Exception Yn: Yes
  • Flooring: Carpet, Tile, Wood
  • Laundry Location: Main, Laundry Room
  • Room Count: 2
  • Main Level Sq Ft: 2520
  • Total Sq Ft: 4851
  • Sq Ft Unheated Main: 729
  • Sq Ft Unheated Total: 729

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Asphalt, Concrete
  • Parking: Attached Garage, Detached Garage, Driveway, Garage - 2 Car, Garage Door Opener

Utilities

  • Heating: Central Air, Propane
  • Sewer: Septic Installed
  • Water: County Water
  • Water Heater: Gas

Lot Info

  • Lot Dimension: per tax map
  • Parcel Number: 08-117-023
  • Zoning Specification: RES

Tax Info

  • Tax Value: 433000.00
  • Tax Location: Union

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2021
Closed on
Oct 8, 2021
Sold by
Nelson Jason Tyler and Nelson Ashley B
Bought by
Davis Willard K and Davis Kathleen M
Seller's Agent
Hailey Edwards
ERA Live Moore
Buyer's Agent
Jackson Bailey
MBA Real Estate, LLC
List Price
$900,000
Sold Price
$835,000
Premium/Discount to List
-$65,000
-7.22%
Current Estimated Value
$1,000,174

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,174
Avg. Annual Appreciation
4.29%
Original Mortgage
$548,250
Outstanding Balance
$497,778
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$502,396

Purchase Details

Listed on
Apr 25, 2018
Closed on
Jun 11, 2018
Sold by
Hill W Mark and Hill Dawn W
Bought by
Nelson Jason Tyler and Nelson Ashley B
Seller's Agent
Cheryl Ollis
Coldwell Banker Realty
Buyer's Agent
Hailey Edwards
ERA Live Moore
List Price
$580,000
Sold Price
$510,000
Premium/Discount to List
-$70,000
-12.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.96%
Original Mortgage
$453,100
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 13, 2004
Sold by
Hill W Mark and Hill Dawn W
Bought by
Watkins Michael

Purchase Details

Closed on
Dec 22, 1997
Sold by
Mark Hill W and Mark Dawn W
Bought by
Wyles James D
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Davis Willard K $835,000 None Available
Nelson Jason Tyler $510,000 None Available
Watkins Michael $2,500 --
Wyles James D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davis Willard K $548,250
Previous Owner Nelson Jason Tyler $453,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/08/2021 10/08/21 Sold $835,000 -1.8% $172 / Sq Ft
09/05/2021 09/05/21 Pending -- -- --
08/18/2021 08/18/21 Price Changed $850,000 -2.9% $175 / Sq Ft
08/14/2021 08/14/21 Price Changed $875,000 -2.8% $180 / Sq Ft
08/11/2021 08/11/21 For Sale $900,000 +76.5% $186 / Sq Ft
06/11/2018 06/11/18 Sold $510,000 -12.1% $105 / Sq Ft View Prior Sale
05/26/2018 05/26/18 Pending -- -- --
04/25/2018 04/25/18 For Sale $580,000 -- $120 / 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 $4,572 $895,300 $0 $0
2024 $4,087 $611,300 $120,100 $491,200
2023 $3,875 $588,700 $120,100 $468,600
2022 $3,875 $588,700 $120,100 $468,600
2021 $3,880 $588,700 $120,100 $468,600
2020 $3,475 $432,980 $92,480 $340,500
2019 $3,361 $432,980 $92,480 $340,500
2018 $3,421 $440,900 $100,400 $340,500
2017 $3,642 $440,900 $100,400 $340,500
2016 $3,540 $436,100 $100,400 $335,700
2015 $3,584 $436,100 $100,400 $335,700
2014 $2,826 $401,360 $140,540 $260,820
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3772595

Canopy MLS (Canopy Realtor® Association)

APN: 08-117-023