Check Availability

514 Arcadia Lane

514 Arcadia Lane, Monroe, NC 28112
Property in Union
Sold Jun 10, 2020
$45,000
$254,500 by C&f Mortgage Corp
Mortgage Due Oct 01, 2051
Sold Jun 05, 2003
$17,000
Local assessors in Monroe, NC have categorized 514 Arcadia Lane as a residential type of property. The home was built in 2020 and is 4 years old. The property's lot size has been calculated to be 108,900 square feet.

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. 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, 514 Arcadia Lane sold most recently in Jun 10, 2020 for a total of $45,000. Before that, the property was also sold for $17,000 in May 30, 2003. 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 $2,866 in taxes each year. 514 Arcadia Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $460,100. If we break it down further, the land itself was valued at $34,500. Improvements to the property, however, were assessed at a total of $425,600. 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: 2020
  • Effective Year Built: 2020
  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 108,900
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WILLIAM H TAKATA SUBDIVISION
  • Land Acres: 2.5
  • Standard Land Use Code: Parcels with improvements, use not specified
  • Legal Description 1: #4B TAKATA OPCB250A 3091

Ownership

  • Current Owner : DC HOMES USA LLC
  • Previous Owner : GIBSON SAM F
  • Previous Owner 2: GIBSON SUSAN M
  • Owner Before Previous Owner: QUICK RICHARD E
  • Owner Before Previous Owner 2: QUICK VICKIE S
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Union County Public Schools
  • Census Tract: 020901

Zoning

  • Zoning: RA-40 UNIO

Geography

  • District: 4
  • Parcel: 04-114-069
  • Municipality: BUFORD TWP
  • Latitude: 34.9164
  • Longitude: -80.5282

    Address

  • Full Address: 514 Arcadia Ln
  • Address - House Number: 514
  • Address - Street Name: Arcadia
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Monroe
  • Carrier Code: R020
  • 4-Digit Zip Code: 9400
  • Zip Code: 28112

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,866
  • Tax Rate Code Area: 914

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $254,500
  • First Open Lien Mortgage Lender: C&F MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Oct 05, 2021
  • First Open Lien Mortgage Loan Amount: $254,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2051

    Market Valuation

  • Market Total Value: $460,100
  • Market Land Value: $34,500
  • Market Improvement Value: $425,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $460,100
  • Assessed Land Value: $34,500
  • Assessed Improvements Value: $425,600

    Sales

  • Current Sale Contract Date: Jun 10, 2020
  • Current Sale Recording Date: Jun 10, 2020
  • Current Sale Transaction ID: 11768052019
  • Current Sale Price: $45,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20697
  • Previous Sale Recording Date: Jun 05, 2003
  • Previous Sale Contract Date: May 30, 2003
  • Previous Sale Amount: $17,000
  • Previous Sale Document Type: Warranty Deed

About Union



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 514 Arcadia Lane located in?
The 514 Arcadia Lane is a located in the neighborhood of Union in Union, Monroe.
What is the average sales price for listings in 514 Arcadia Lane?
The average sales price for units in 514 Arcadia Lane is $0 currently.

Quantcast