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2508 Knights Court

2508 Knights Court, Monroe, NC 28110
Property in Union
Sold Feb 09, 2006
$234,000
$186,880 by Bank Of America Na
Mortgage Due Mar 01, 2036
Sold Dec 31, 2002
$208,000
$166,360 by Chase Manhattan Mtg Corp
Mortgage Due Jan 01, 2010
Local assessors in Monroe, NC have categorized 2508 Knights Court as a residential type of property. The home was built in 1986 and is 38 years old. The property's lot size has been calculated to be 26,572 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 2508 Knights Court has a total of 2,764 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 725 sqft. There are 3 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B-. The building has a gable style roof that was made of composition shingle. Lots of brick were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 2508 Knights Court sold most recently in Feb 9, 2006 for a total of $234,000. If you work out the math, that's approximately a cost of $84.66 per sqft. Before that, the property was also sold for $208,000 in Dec 30, 2002. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $3,857 in taxes each year. 2508 Knights Court was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $353,700. If we break it down further, the land itself was valued at $56,300. Improvements to the property, however, were assessed at a total of $297,400. The property's total market value has been marked the same as the total assessed value which is pretty typical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: B-
  • Construction Type: Wood
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Brick
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 725
  • Parking Space Count: 3
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 26,572
  • Total Building Area: 2,764
  • Gross Building Area: 3,489
  • Building Area: 2,764
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,764
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: CAMELOT
  • Land Acres: 0.61
  • Standard Land Use Code: Rural/agricultural residence
  • Legal Description 1: P/#18 CAMELOT SEC2 OP

Ownership

  • Current Owner : ADAMS DYER JR MICHAEL LEWIS
  • Current Owner 2: ADAMS DYER KATHRYN
  • Previous Owner : SMITH DONALD VANNOY
  • Previous Owner 2: SMITH ANNA BARRETT
  • Owner Before Previous Owner: ABBEY STEVEN J
  • Owner Before Previous Owner 2: ABBEY LEAH A
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: JR

Neighborhood

  • School District Name: Union County Public Schools
  • Census Tract: 020401

Zoning

  • Zoning: R-20 MONRO

Geography

  • District: 9
  • Parcel: 09-259-069
  • Lot: P/18
  • Municipality: MONROE TWP
  • Latitude: 35.0195
  • Longitude: -80.5648

    Address

  • Full Address: 2508 Knights Ct
  • Address - House Number: 2508
  • Address - Street Name: Knights
  • Address - Suffix Type: Ct
  • State: NC
  • City Name: Monroe
  • Carrier Code: R015
  • 4-Digit Zip Code: 8414
  • Zip Code: 28110

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,857
  • Tax Rate Code Area: 200

    Appraisal Valuation

  • Standard Deviation: 0.1578
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 80
  • Final Value: 531,716
  • High Value: 615,630
  • Low Value: 447,802

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $236,880
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Feb 09, 2006
  • First Open Lien Mortgage Loan Amount: $186,880
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2036
  • Second Open Lien Mortgage Lender: TRUIST BANK
  • Second Open Lien Mortgage Recording Date: Jan 06, 2021
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $50,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Dec 22, 2050

    Market Valuation

  • Market Total Value: $353,700
  • Market Land Value: $56,300
  • Market Improvement Value: $297,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $353,700
  • Assessed Land Value: $56,300
  • Assessed Improvements Value: $297,400

    Sales

  • Current Sale Contract Date: Feb 09, 2006
  • Current Sale Recording Date: Feb 09, 2006
  • Current Sale Transaction ID: 1139598645
  • Current Sale Price: $234,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 0005663
  • Previous Sale Recording Date: Dec 31, 2002
  • Previous Sale Contract Date: Dec 30, 2002
  • Previous Sale Amount: $208,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: Feb 09, 2006
  • First Mortgage Loan Amount: $186,880
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • First Mortgage Loan Due Date: Mar 01, 2036

    Previous Mortgages

  • Previous Mortgage Lender: CHASE MANHATTAN MTG CORP
  • Previous Mortgage Transaction Date: Dec 31, 2002
  • Previous Mortgage Loan Amount: $166,360
  • Previous Mortgage Term: 84
  • Previous Mortgage Loan Type: Balloon
  • Previous Mortgage Loan Due Date: Jan 01, 2010

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Frequently Asked Questions

What neighborhood is 2508 Knights Court located in?
The 2508 Knights Court is a located in the neighborhood of Union in Monroe, Monroe.
What is the average sales price for listings in 2508 Knights Court?
The average sales price for units in 2508 Knights Court is $0 currently.

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