2005 Formosa Dr, Monroe, NC 28110 Property Records

Union County property record for 2005 Formosa Dr, Monroe, NC 28110 · Last verified April 2026

Property Summary

Property Type	Rural Home
Details	5 bd · 3.5 ba · 2,750 sqft · built 2003
Lot Size	0.273 acres (11,892 sqft)
Owner	2 Individual Names on File
Last Sale	$224,500 (Jun 2003)
Tax Bill	$3,030 (2025)
Deeds & Mortgages	Feb 2020 Line of Credit
Flood Zone	Zone X (minimal risk)
APN	`07-093-278`

Property Details

APN / Parcel Number

Primary APN	`07-093-278`

Interior

Bedrooms	5 Beds
Full Baths	3.5 Baths
Half Baths	1 Half Bath
Total Rooms	7 Rooms
Stories	2 Stories
Building Area	2,750 sqft Living Area
Gross Area	3,248 sqft
Fireplaces	1 Fireplace
Fireplace	Fireplace

Exterior

Year Built	Built 2003
Effective Year Built	Effective 2003
Architectural Style	Conventional
Construction Type	Wood
Roof Type	Gable
Roof Material	Composition Shingle
Lot Area	11,892 sqft (0.273 acres)
Garage Type	Attached
Garage Area	498 sqft
Parking Spaces	2 Parking Spaces
Porch	Slab
Porch Area	52 sqft

Utilities, Heating & Cooling

Cooling System	Central
Heating System	Forced Air with A/C
Heating Fuel	Gas

Location & Zoning

Street Address	2005 FORMOSA DR
City	MONROE
State	NC
Zip	28110-6338
Property Category	Residential
Property Type	Residential > Single Family > Rural Home
Legal Description	#65 BROOK VALLEY PH1
Legal Subdivision	BROOK VALLEY
Legal Lot Number	65
Jurisdiction	UNION NC
Township / Civil Division	VANCE
Census Block Group	2
Census Block	2002
Census Tract	20307

Owner

Source: Union County records · APN 07-093-278

Assessment roll updated March 31, 2026 · Last verified April 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record	2 Individual Names on File
Mailing Address	2005 FORMOSA DR, MONROE, NC 28110-6338
Occupancy	Owner Occupied
Owner Type	Individual

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	2 Verified Names on Deed
Last Sale	Jun 02, 2003 · Amount on Record
Deed Sale	Jun 02, 2003 · Amount on Record
Deed Document Number	200325226
Deed Book / Page	3084 / 507
Prior Transfer Date	May 30, 2003
Prior Transfer Doc	0000025225
Record Updated	Jun 08, 2026

February 2020: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	UNION NC
Property Address	2005 FORMOSA DR, MONROE, NC 28110-6338
Transaction Type	Mortgage
Record Updated	Feb 05, 2021
Title Company	SERVICELINK

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	7585636
Date	Feb 14, 2020
Book Page	7585/636
Instrument	0005032

Lender

Name	PENTAGON FCU
Type	Credit Union
Address	FLINT, MI 48501

Agreement

Type	Line of Credit
Amount	Amount Recorded
Term	175 Months
Due	Sep 28, 2034

Interest

Rate Type	Adjustable Rate
Change Frequency	Monthly

Tax Assessment & Valuation

Source: Union County records · Assessment roll updated March 31, 2026 · Last verified April 2026

Property Jurisdictions

Type	Name
State	North Carolina
County	Union County
Municipality	Indian Trail Town
Unified School District	Union County Public Schools (PK - 12)

Tax Bill & Assessment History

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$3,030.00 (+17.94%)	$455,700 (+49.46%) Land $81,000 Building $374,700	$455,700 (+49.46%) Land $81,000 Building $374,700
2023	$2,569.00	$304,900 Land $54,600 Building $250,300	$304,900 Land $54,600 Building $250,300

Flood & Wildfire

Source: FEMA National Flood Hazard Layer, Union County (37179C), updated September 14, 2026 · FEMA OpenFEMA NFIP redacted claims and policies, census block group 371790203072, refreshed September 2026 · USDA Forest Service Wildfire Risk to Communities, 2nd edition (2024), fuels as of 2020 · Last verified October 2026

Flood

FEMA Flood Zone	Zone X
Special Flood Hazard Area	No
Flood Hazard	Minimal
500-Year Floodplain	No
Nearest Special Flood Hazard Area	Zone AE, within 500 ft
Flood Insurance Cost	Premium on Record median of 4 individual NFIP policies nearby
Nearby Flood Policies	4 in force 3 of 4 on primary residences
Nearby Flood Claims	7 (1998–2023)
Claims Outside the SFHA	6 of 7
Most Recent Claim	Sep 2023, river or lake flooding

Wildfire

Wildfire Risk	Low above 20% of the US · above 24% of North Carolina
Wildfire Likelihood	About 1 in 10,000 per year
Exposure	Indirect within ember reach
Adjoins Burnable Land	Yes

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.