NOT LISTED FOR SALE

8117 Morgan Mill Rd Monroe, NC 28110

Estimated Value: $775,000 - $950,000

4 Beds
3.5 Baths
2,805 Sq Ft
$319/Sq Ft Est. Value

Last Sold August 30, 2024

Last sale price $950,000 $339 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $5,002/month

6 Days on Market

Highlights

  • Equestrian Center
  • Barn
  • Fireplace
  • New Salem Elementary School Rated A-
  • In Ground Pool
  • 2 Car Attached Garage

About This Home

As of August 2024

Nestled in the serene countryside, this remarkable estate spans 12 sprawling acres and embodies the essence of rural luxury. The charming residence features 4 bedrooms and 3.5 baths, offering ample space for family and guests to unwind. A highlight of the property is its professionally built horse riding arena, catering to equestrian enthusiasts seeking both leisure and competition. Outside, an inviting in-ground pool beckons on warm summer days, surrounded by expansive lawns and picturesque views. Whether enjoying the tranquility of the expansive grounds or hosting gatherings by the poolside, this idyllic retreat promises a lifestyle of comfort and leisure in a truly picturesque setting!

Last Agent to Sell the Property

Sarah Coltrane

Three Realty Group, LLC Brokerage Email: coltranesarah16@gmail.com License #330377 Listed on: 07/17/2024

Co-Listed By

Emily Coltrane

Three Realty Group, LLC Brokerage Email: coltranesarah16@gmail.com License #345061

Last Buyer's Agent

Beth Ivey

ProStead Realty License #227267

ProStead Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,321

Year Built

  • Built in 2003

Lot Details

  • Fenced
  • Level Lot
  • Property is zoned AF8

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 2,805 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Crawl Space
  • Laundry Room

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms

Outdoor Features

  • In Ground Pool
  • Outbuilding

Farming

  • Barn
  • Pasture

Horse Facilities and Amenities

  • Equestrian Center
  • Wash Rack
  • Tack Room
  • Hay Storage
  • Stables
  • Arena

Utilities

  • Central Air
  • Heating System Uses Kerosene
  • Heating System Uses Propane
  • Power Generator
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 08-039-009C

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,321

Year Built

Built in 2003

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2003
  • Road Surface Type: Concrete, Gravel
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 338.68
  • Geocode Confidence: High
  • Attribution Contact: coltranesarah16@gmail.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 2805
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Gas Cooktop, Gas Oven, Oven, Refrigerator
  • Other Equipment: Generator
  • Above Grade Finished Sq Ft: 2805
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Living Area: 2805
  • Bedroom Main: 4
  • Room Count: 14

Exterior Features

  • Exterior Features: Fence, Other - See Remarks
  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Pool Features: In Ground
  • Construction Type: Brick Full
  • Other Structures: Barn(s), Outbuilding

Garage/Parking

  • Main Level Garage YN: 1
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway, Attached Garage

Utilities

  • Heating: Kerosene, Propane
  • Sewer: Septic Installed
  • Laundry Features: Main Level
  • Cooling: Central Air
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Lot Features: Level, Pasture
  • Lot Size Area: 12.01
  • Lot Size Units: Acres
  • Parcel Number: 08-039-009C
  • Horse Amenities: Arena, Equestrian Facilities, Hay Storage, Horses Allowed, Pasture, Stable(s), Tack Room, Wash Rack
  • ResoLotSizeUnits: Acres
  • Zoning Specification: AF8

Green Features

  • Green Verification Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2024
Closed on
Aug 30, 2024
Sold by
Ponder Kevin E and Ponder Stacey D
Bought by
Hamilton Lucas Bryant and Hamilton Hannah Christine
Seller's Agent
Sarah Coltrane
Three Realty Group, LLC
Buyer's Agent
Beth Ivey
ProStead Realty
List Price
$950,000
Sold Price
$950,000
Views
23
Current Estimated Value
$893,836

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$56,164
Avg. Annual Appreciation
-5.25%
Original Mortgage
$760,000
Outstanding Balance
$751,931
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$141,905

Purchase Details

Listed on
May 24, 2017
Closed on
Nov 16, 2017
Sold by
Mchugh Robert J and Mchugh Christine J
Bought by
Ponder Kevin E and Ponder Stacey D
Seller's Agent
Lauren Campe
JET Realty Carolinas
Buyer's Agent
Rose Bonifacio
NorthGroup Real Estate LLC
List Price
$489,700
Sold Price
$480,000
Premium/Discount to List
-$9,700
-1.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.58%
Original Mortgage
$465,462
Interest Rate
3.85%
Mortgage Type
VA
Source: Public Records

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
Hamilton Lucas Bryant $950,000 None Listed On Document
Ponder Kevin E $479,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hamilton Lucas Bryant $760,000
Previous Owner Ponder Kevin E $465,462
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/30/2024 08/30/24 Sold $950,000 0.0% $339 / Sq Ft
07/24/2024 07/24/24 Pending -- -- --
07/17/2024 07/17/24 For Sale $950,000 +97.9% $339 / Sq Ft
11/16/2017 11/16/17 Sold $480,000 -2.0% $173 / Sq Ft View Prior Sale
09/25/2017 09/25/17 Pending -- -- --
05/24/2017 05/24/17 For Sale $489,700 -- $176 / 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 $3,321 $513,500 $100,900 $412,600
2023 $3,217 $513,500 $100,900 $412,600
2022 $2,979 $475,600 $100,900 $374,700
2021 $2,905 $462,900 $100,900 $362,000
2020 $2,630 $331,080 $76,480 $254,600
2019 $2,550 $331,080 $76,480 $254,600
2018 $2,550 $331,080 $76,480 $254,600
2017 $2,716 $331,100 $76,500 $254,600
2016 $2,654 $331,080 $76,480 $254,600
2015 $2,682 $331,080 $76,480 $254,600
2014 $2,544 $366,490 $101,480 $265,010
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4161118

Canopy MLS (Canopy Realtor® Association)

APN: 08-039-009-C