NOT LISTED FOR SALE

1008 E Franklin St Monroe, NC 28112

Estimated Value: $508,000 - $886,000

5 Beds
4.5 Baths
6,322 Sq Ft
$114/Sq Ft Est. Value

Last Sold October 12, 2021

Last sale price $640,000 $101 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $4,197/month

13 Days on Market

Highlights

  • Wooded Lot
  • Walk-In Pantry
  • Attached Garage
  • Wood Flooring
  • Circular Driveway
  • Attic Fan

About This Home

As of October 2021

This home has it all! Main level features 4 Large Bedroom and great closets, 3 1/2 baths, Living/Dining, Family Room with Built-ins and Wood Burning Fireplace insert, Oversized eat in Kitchen with Quartz Countertops and stainless steel appliances and Tile Floors. Hardwood Floors throughout rest of Main Level. 2nd living quarters on the lower level. Features Full Kitchen, Family Room, Bedroom, Bath, Laundry Room & Large Media Room. Workshop on lower level great for storage or hobbies attached to 1 car garage. There is also a 4 car carport. It doesn't stop there! Enjoy the 24x32 Deck with Fireplace overlooking flat private backyard. Beautifully landscaped front yard is fenced. All this on 3.66 Acres! 2014 HVACs, Hybrid System - Heat Pumps for AC & Heat above 40 degrees/ along with Gas Heat for temperatures below 40 degrees, Roof, Windows replaced in 2014. Refinished Hardwoods, Too many upgrades to list.

Last Agent to Sell the Property

Wayne and Lisa Bennett

One Home Team Realty License #246546 Listed on: 08/08/2021

Co-Listed By

Lisa Bennett

One Home Team Realty License #253156

Last Buyer's Agent

Kelly King

Savvy + Co Real Estate License #289838

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1962

Lot Details

  • Level Lot
  • Wooded Lot

Parking

  • Attached Garage
  • Workshop in Garage
  • Circular Driveway

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Wood Burning Fireplace
  • Self Contained Fireplace Unit Or Insert
  • Walk-In Pantry
  • Laundry Chute

Flooring

  • Wood
  • Laminate
  • Tile

Attic

  • Attic Fan
  • Pull Down Stairs to Attic

Utilities

  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 09-195-127

Home Details

Home Type

Single Family

Year Built

Built in 1962

Lot Details

0

Parking

1

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story Basement
  • Ratio Close Price By List Price: 0.98462
  • Ratio Close Price By Original Li: 0.91429
  • Ratio Current Price By Acre: 174863.39
  • Ratio Current Price By Sq Ft: 101.23
  • Year Built: 1962
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement Fully Finished, Basement Garage Door, Basement Inside Entrance, Basement Outside Entrance
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5.00
  • Total Bedrooms: 5
  • Equipment: Cable Prewire, Ceiling Fan(s), Dishwasher, Disposal, Electric Dryer Hookup, Exhaust Fan, Ice Maker Connection, Self Cleaning Oven
  • Fireplace Description: FAMILYRM, Fireplace Insert, Wood Burning
  • Fixture Exception Description: Swing in Family Room
  • Fixture Exception Yn: Yes
  • Flooring: Laminate Wood, Tile, Wood
  • Interior Amenities: Attic Fan, Attic Stairs Pulldown, Built-Ins, Cable Available, Garage Shop, Laundry Chute, Walk-In Pantry
  • Laundry Location: Basement
  • Room Count: 2
  • Second Living Quarters: Interior Connected, Separate Entrance, Separate Kitchen Facilities, Separate Living Quarters
  • Second Living Quarters Hla: 2722
  • Sq Ft Basement: 2722
  • Main Level Sq Ft: 3600
  • Total Sq Ft: 6322
  • Sq Ft Unheated Basement: 878
  • Sq Ft Unheated Total: 878

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard

Garage/Parking

  • Driveway: Circular, Concrete
  • Parking: Attached Garage, Carport - 4+ Car, Driveway, Garage - 1 Car, Keypad Entry

Utilities

  • Heating: Central Air, Gas Hot Air Furnace, Heat Pump - AC, Heat Pump - Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Lot Info

  • Lot Dimension: 254x760x72x383x416
  • Lot Features: Level, Wooded
  • Parcel Number: 09-195-127
  • Zoning Specification: Res

Tax Info

  • Tax Value: 225200.00
  • Tax Location: Monroe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2021
Closed on
Oct 12, 2021
Sold by
Bennett Wayne and Bennett Lisa
Bought by
Parrish Benjamin Thomas and Jahkel Parrish Laney
Seller's Agent
Wayne and Lisa Bennett
One Home Team Realty
Buyer's Agent
Kelly King
Savvy + Co Real Estate
List Price
$700,000
Sold Price
$640,000
Premium/Discount to List
-$60,000
-8.57%
Current Estimated Value
$721,603

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,603
Avg. Annual Appreciation
2.91%
Original Mortgage
$548,250
Outstanding Balance
$499,953
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$221,650

Purchase Details

Closed on
Dec 10, 2015
Sold by
Bennett Wayne and Pollard Lisa
Bought by
Bennett Wayne and Bennett Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,250
Interest Rate
4.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 18, 2014
Sold by
Dawkins Tadlock Jr Thomas Callie and Dawkins Tadlock Patricia
Bought by
Bennett Wayne and Pollard Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,750
Interest Rate
4.24%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Parrish Benjamin Thomas $640,000 None Available
Bennett Wayne -- Attorney
Bennett Wayne $165,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parrish Benjamin Thomas $548,250
Previous Owner Bennett Wayne $266,250
Previous Owner Bennett Wayne $156,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/12/2021 10/12/21 Sold $640,000 -1.5% $101 / Sq Ft
08/22/2021 08/22/21 Pending -- -- --
08/16/2021 08/16/21 Price Changed $650,000 -7.1% $103 / Sq Ft
08/08/2021 08/08/21 For Sale $700,000 -- $111 / 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
2025 $4,987 $570,500 $0 $0
2024 $5,407 $495,800 $44,800 $451,000
2023 $5,407 $495,800 $44,800 $451,000
2022 $5,407 $495,800 $44,800 $451,000
2021 $5,406 $495,700 $44,700 $451,000
2020 $3,034 $225,190 $33,990 $191,200
2019 $3,034 $225,190 $33,990 $191,200
2018 $1,388 $225,190 $33,990 $191,200
2017 $3,079 $225,200 $34,000 $191,200
2016 $3,047 $225,190 $33,990 $191,200
2015 $1,749 $225,190 $33,990 $191,200
2014 $3,491 $286,170 $45,490 $240,680
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3766391

Canopy MLS (Canopy Realtor® Association)

APN: 09-195-127