NOT LISTED FOR SALE

5924 Newell Dr Monroe, NC 28112

Estimated Value: $509,578 - $530,000

3 Beds
2 Baths
2,030 Sq Ft
$258/Sq Ft Est. Value

Last Sold January 07, 2025

Last sale price $530,000 $261 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $3,094/month

7 Days on Market

Highlights

  • Deck
  • Wooded Lot
  • Wood Flooring
  • Private Lot
  • Ranch Style House
  • Screened Porch

About This Home

As of January 2025

Meticulously maintained all-brick ranch on a quiet cul-de-sac in Southwood Acres! Situated on a level, .95-acre lot with no HOA, this home features 3 bedrooms, 2 baths, and a 2-car side-load garage. The interior boasts 9’ ceilings, hardwood floors, and crown molding. The kitchen shines with Corian counters, tile backsplash, ample cabinetry, a breakfast bar, and stainless KitchenAid appliances (2021) including a dual-fuel stove. The spacious great room offers a gas fireplace and a 65” Sony TV and soundbar (conveys). The primary suite features a tray ceiling, walk-in closet, and private bath with quartz vanities, a Jacuzzi garden tub, and a walk-in shower (2024). Secondary bedrooms share a Jack-and-Jill bath, while the full hall bath includes a Jacuzzi walk-in shower (2022). Enjoy the fenced backyard, perfect for relaxation or entertaining. Original owners have lovingly cared for this home, ensuring it’s ready for you to move in and enjoy!

Last Listed By

Matt Sarver

Keller Williams Lake Norman Brokerage Email: Matt@TheSarverGroup.com License #234447 Listed on: 11/30/2024

Keller Williams Lake Norman

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,058

Year Built

  • Built in 2002

Lot Details

  • Cul-De-Sac
  • Back Yard Fenced
  • Private Lot
  • Level Lot
  • Wooded Lot
  • Property is zoned AF8

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Ranch Style House
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 2,030 Sq Ft Home
  • Built-In Features
  • Ceiling Fan
  • Propane Fireplace
  • Insulated Windows
  • Entrance Foyer
  • Great Room with Fireplace
  • Screened Porch
  • Crawl Space

Kitchen

  • Breakfast Bar
  • Self-Cleaning Oven
  • Gas Cooktop
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Garden Bath

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Fire Pit
  • Shed

Schools

  • Western Union Elementary School
  • Parkwood Middle School
  • Parkwood High School

Utilities

  • Vented Exhaust Fan
  • Heat Pump System
  • Propane
  • Electric Water Heater
  • Septic Tank

Community Details

  • Southwood Acres Subdivision

Listing and Financial Details

  • Assessor Parcel Number 05-005-024

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,058

Year Built

Built in 2002

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Year Built: 2002
  • Road Surface Type: Concrete, Paved
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 261.08
  • Geocode Confidence: High
  • Attribution Contact: Matt@TheSarverGroup.com
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Breakfast Bar, Built-in Features, Entrance Foyer, Garden Tub, Walk-In Closet(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 2030
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Gas Cooktop, Microwave, Plumbed For Ice Maker, Refrigerator with Ice Maker, Self Cleaning Oven, Washer, Washer/Dryer
  • Above Grade Finished Sq Ft: 2030
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Insulated Door(s)
  • Fireplace Features: Gas, Great Room, Propane
  • Living Area: 2030
  • Window Features: Insulated Window(s)
  • Bedroom Main: 3
  • Room Count: 7

Exterior Features

  • Exterior Features: Fire Pit
  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Fencing: Back Yard, Fenced
  • Construction Type: Brick Full
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck, Screened

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 551
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway, Attached Garage, Garage Faces Side

Utilities

  • Heating: Heat Pump
  • Sewer: Septic Installed
  • Laundry Features: Laundry Room, Main Level
  • Security: Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Heat Pump
  • Utilities: Electricity Connected, Propane
  • Water Source: Well

Condo/Co-op/Association

  • Hoa Subject To Dues: No
  • Senior Community: No

Schools

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

Lot Info

  • Lot Features: Cul-De-Sac, Level, Private, Wooded
  • Lot Size Area: 0.95
  • Lot Size Units: Acres
  • Parcel Number: 05-005-024
  • Zoning: AF8
  • Development Status: Completed
  • ResoLotSizeUnits: Acres
  • Zoning Specification: AF8

MLS Schools

  • Elementary School: Western Union
  • High School: Parkwood

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2024
Closed on
Jan 7, 2025
Sold by
Sherrill Debra W and Sherrill Joe W
Bought by
Hagler Robert
Seller's Agent
Matt Sarver
Keller Williams Lake Norman
Buyer's Agent
John DeSmedt
EXP Realty LLC Ballantyne
List Price
$525,000
Sold Price
$530,000
Premium/Discount to List
$5,000
0.95%
Total Days on Market
7
Views
39
Current Estimated Value
$523,645

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,355
Avg. Annual Appreciation
-3.94%

Purchase Details

Closed on
Nov 14, 2003
Sold by
Heritage Ventures Inc
Bought by
Sherrill Joe W and Sherrill Debra W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,600
Interest Rate
5.75%
Mortgage Type
Unknown

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
Hagler Robert $530,000 None Listed On Document
Sherrill Joe W $212,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sherrill Joe W $125,000
Previous Owner Sherrill Joe W $281,000
Previous Owner Sherrill Joe W $245,000
Previous Owner Sherrill Debra W $48,100
Previous Owner Sherrill Joe W $47,000
Previous Owner Sherrill Joe W $169,600
Closed Sherrill Joe W $31,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/07/2025 01/07/25 Sold $530,000 +1.0% $261 / Sq Ft
12/08/2024 12/08/24 Pending -- -- --
11/30/2024 11/30/24 For Sale $525,000 -- $259 / 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 $2,058 $320,000 $57,100 $262,900
2023 $2,030 $320,000 $57,100 $262,900
2022 $2,030 $320,000 $57,100 $262,900
2021 $2,017 $320,000 $57,100 $262,900
2020 $1,724 $223,480 $41,180 $182,300
2019 $1,757 $223,480 $41,180 $182,300
2018 $1,757 $223,480 $41,180 $182,300
2017 $1,872 $223,500 $41,200 $182,300
2016 $1,811 $223,480 $41,180 $182,300
2015 $1,841 $223,480 $41,180 $182,300
2014 $1,688 $242,330 $48,500 $193,830
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4203513

Canopy MLS (Canopy Realtor® Association)

APN: 05-005-024