NOT LISTED FOR SALE

8475 Monbo Rd Catawba, NC 28609

Estimated Value: $1,640,000 - $2,169,000

4 Beds
4.5 Baths
4,890 Sq Ft
$378/Sq Ft Est. Value

Last Sold May 22, 2018

Last sale price $965,000 $197 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $10,406/month

8 Days on Market

Highlights

  • In Ground Pool
  • Waterfront
  • Community Lake
  • Bandys High School Rated 9+
  • Open Floorplan
  • Engineered Wood Flooring

About This Home

As of May 2018

Looking for the most water view in this price range? Look no further! This gracious home offers 160 degrees of wrap around main channel views with a well built dock and pergola. An in - ground pool, hot tub and fire pit all come together in the back yard for magnificent long range views down the Lake! This pre - inspected home features two master BRs... one up and one down. A 2nd living area is located in the basement with a full kitchen, guest BR, a large flex space and a safety bunker. This home is located in the peaceful Monbo Pointe neighborhood, yet now close to all of the retail shops and Publix located in The Villages At Sherrills Ford. If you are looking for a well maintained, impeccably clean and refined home, located on big, main channel water, you need to see this home.

Last Agent to Sell the Property

Mike Spunich

Lake Realty License #244977 Listed on: 04/13/2018

Last Buyer's Agent

Non Member

Canopy Administration

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2005

Lot Details

  • Waterfront
  • Irrigation

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • European Architecture
  • Stone Siding

Interior Spaces

  • Open Floorplan
  • Wet Bar
  • Tray Ceiling
  • Gas Log Fireplace
  • Attic

Kitchen

  • Oven
  • Kitchen Island

Flooring

  • Engineered Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • Garden Bath

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Fire Pit

Utilities

  • Well
  • Cable TV Available

Community Details

  • Monbo Pointe HOA, Phone Number (336) 407-1877
  • Community Lake

Listing and Financial Details

  • Assessor Parcel Number 4710045303750000

Home Details

Home Type

Single Family

Year Built

Built in 2005

Lot Details

0

HOA Fees

$50 per month

Parking

3

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story/Basement
  • Architectural Style: European
  • Construction Status: Complete
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Acre: 1109195.40
  • Ratio Current Price By Sq Ft: 197.34
  • Year Built: 2005
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement Fully Finished, Basement Inside Entrance, Basement Outside Entrance, Concrete
  • Upper Level Sq Ft: 1399
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5.00
  • Total Bedrooms: 4
  • Equipment: Cable Prewire, Ceiling Fan(s), CO Detector, Dishwasher, Disposal, Dryer, Generator, Ice Maker Connection, Microwave, Oven, Exhaust Hood, Refrigerator, Wall Oven, Washer
  • Fireplace Description: FAMILYRM, Gas Logs
  • Fireplace: Yes
  • Flooring: Carpet, Prefinished Wood, Tile
  • H O A Management Phone: 336 407 1877
  • Interior Amenities: Attic Other, Attic Walk-in, Built-Ins, Cable Available, Garden Tub, Hot Tub, Kitchen Island, Open Floorplan, Tray Ceiling, Walk-In Closet(s), Wet Bar
  • Laundry Location: Main
  • Room Count: 3
  • Sq Ft Basement: 1621
  • Main Level Sq Ft: 1870
  • Total Sq Ft: 4890
  • Sq Ft Unheated Basement: 200
  • Sq Ft Unheated Main: 841
  • Sq Ft Unheated Total: 1041

Exterior Features

  • Construction: Hard Stucco, Stone
  • Construction Type: Site Built
  • Exterior Features: Hot Tub, In-Ground Irrigation, Pool-In-Ground, Waterfront, Fire pit

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Driveway, Garage - 3 Car, Garage Door Opener, Parking Space - 3

Utilities

  • Heating: Central Air, Multizone A/C, MultiZone Heat
  • Sewer: Septic Tank
  • Water: Well
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Lake
  • Association Fee: 600.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Monbo Pointe HOA
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Lot Features: Waterfront, Water view, Lake Access, Lake
  • Lot Size Area: 0.870
  • Parcel Number: 4710045303750000
  • Plat Reference Section Pages: 1933
  • Zoning Specification: R-30

Tax Info

  • Tax Value: 837400.00
  • Tax Location: Catawba

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2018
Closed on
May 22, 2018
Sold by
Ramey Nick D and Lynn Ramey R
Bought by
Teggart John and Fray Brittney
Seller's Agent
Mike Spunich
Lake Realty
Buyer's Agent
Non Member
Canopy Administration
List Price
$965,000
Sold Price
$965,000
Current Estimated Value
$1,847,477

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$882,477
Avg. Annual Appreciation
8.52%
Original Mortgage
$772,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 30, 2004
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
Teggart John $965,000 Investors Title
-- $250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Teggart John $772,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2018 05/22/18 Sold $965,000 0.0% $197 / Sq Ft
04/21/2018 04/21/18 Pending -- -- --
04/13/2018 04/13/18 For Sale $965,000 -- $197 / 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 $6,736 $1,367,700 $345,200 $1,022,500
2024 $6,736 $1,367,700 $345,200 $1,022,500
2023 $6,599 $973,500 $313,900 $659,600
2022 $6,863 $973,500 $313,900 $659,600
2021 $6,863 $973,500 $313,900 $659,600
2020 $6,863 $973,500 $313,900 $659,600
2019 $6,863 $973,500 $0 $0
2018 $5,736 $837,400 $301,300 $536,100
2017 $5,736 $0 $0 $0
2016 $5,736 $0 $0 $0
2015 $4,109 $837,400 $301,300 $536,100
2014 $4,109 $684,900 $301,000 $383,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3380355

Canopy MLS (Canopy Realtor® Association)

APN: 4710045303750000