Check Availability

3118 Viola Lane

3118 Viola Lane, Monroe, NC 28110
Property in Union
Sold Aug 18, 2005
$142,962
$91,741 by Wells Fargo Bank Na
Mortgage Due May 01, 2028
Sold May 11, 2001
$147,000
$139,500 by Cunningham & Company
Mortgage Due Jun 01, 2031
3118 Viola Lane in Monroe, NC was first built in 2000 and is 24 years old. This has been categorized as a residential property type. There are a total of 2 floors. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 3118 Viola Lane has 2,116 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 12,110 square feet.

Learn more about the property and building on this page. There is a open porch. The roof of the home is made of composition shingle. For those who need parking, there is a attached garage. The garage is 498 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of alum/vinyl siding. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a forced air unit. 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, 3118 Viola Lane sold most recently in Jul 22, 2005 for a total of $142,962. If you work out the math, that's approximately a cost of $67.56 per sqft. Before that, the property was also sold for $147,000 in May 10, 2001. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $2,823 in taxes each year. 3118 Viola Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $258,900. If we break it down further, the land itself was valued at $39,200. Improvements to the property, however, were assessed at a total of $219,700. The property's total market value has been marked the same as the total assessed value which is pretty typical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 2000
  • Effective Year Built: 2000
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 498
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 12,110
  • Total Building Area: 2,116
  • Gross Building Area: 2,614
  • Building Area: 2,116
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,116
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LONG BROOKE
  • Land Acres: 0.278
  • Standard Land Use Code: Rural/agricultural residence
  • Legal Description 1: #14 LONG BROOKE OPCF449

Ownership

  • Current Owner : FEDERAL NATIONAL MORTGAGE ASSOCIATION
  • Previous Owner : SULLIVAN BILLY
  • Previous Owner 2: SULLIVAN CAROLYN A
  • Owner Before Previous Owner: BROOKWOOD HOME BUILDERS INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Union County Public Schools
  • Census Tract: 020403

Zoning

  • Zoning: R-15SU MON

Geography

  • District: 9
  • Parcel: 09-345-195
  • Lot: 14
  • Municipality: MONROE TWP
  • Latitude: 35.0043
  • Longitude: -80.6074

    Address

  • Full Address: 3118 Viola Ln
  • Address - House Number: 3118
  • Address - Street Name: Viola
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Monroe
  • Carrier Code: R025
  • 4-Digit Zip Code: 5215
  • Zip Code: 28110

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,823
  • Tax Rate Code Area: 200

    Appraisal Valuation

  • Standard Deviation: 0.1584
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 80
  • Final Value: 387,182
  • High Value: 448,522
  • Low Value: 325,842

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $91,741
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Apr 26, 2013
  • First Open Lien Mortgage Loan Amount: $91,741
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2028

    Market Valuation

  • Market Total Value: $258,900
  • Market Land Value: $39,200
  • Market Improvement Value: $219,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $258,900
  • Assessed Land Value: $39,200
  • Assessed Improvements Value: $219,700

    Sales

  • Current Sale Contract Date: Jul 22, 2005
  • Current Sale Recording Date: Aug 18, 2005
  • Current Sale Transaction ID: 1139536755
  • Current Sale Price: $142,962
  • Current Sale Document Type: Trustee's Deed (Certificate of Title)
  • Current Sale Input Document Number: 0089390
  • Previous Sale Recording Date: May 11, 2001
  • Previous Sale Contract Date: May 10, 2001
  • Previous Sale Amount: $147,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: CUNNINGHAM & COMPANY
  • Previous Mortgage Transaction Date: May 11, 2001
  • Previous Mortgage Loan Amount: $139,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Jun 01, 2031

About Monroe



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 2714 Gusty Lane, Monroe, NC, 28110

$2,100 /mo

  • 5 Beds
  • 2.5 Baths
  • 3,328 ft²
2714 Gusty Lane, Monroe, NC, 28110 Listing by Jennifer Sears

Frequently Asked Questions

What neighborhood is 3118 Viola Lane located in?
The 3118 Viola Lane is a located in the neighborhood of Union in Monroe, Monroe.
What is the average sales price for listings in 3118 Viola Lane?
The average sales price for units in 3118 Viola Lane is $0 currently.

Quantcast