NOT LISTED FOR SALE

1205 Concord Ave Monroe, NC 28110

Estimated Value: $309,000 - $340,000

6 Beds
3 Baths
2,649 Sq Ft
$123/Sq Ft Est. Value

Last Sold October 08, 2021

Last sale price $242,500 $92 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $1,921/month

107 Days on Market

About This Home

As of October 2021

This property has a good rental history. The current zoning is R-10 and used as multi family under grandfather clause. It is subject to being reverted to SF in the future.
Main level of house is currently vacant, upsatirs unit is occupied as well as separate building is occupied.
*** A contract has been signed by sellers ***

Last Agent to Sell the Property

Kathy Wing

NorthGroup Real Estate LLC License #124347 Listed on: 06/05/2021

NorthGroup Real Estate LLC

Last Buyer's Agent

Gabriel Hrebien

Keller Williams Ballantyne Area License #244436

Keller Williams Ballantyne Area

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925

Lot Details

  • 0.54

Parking

  • Gravel Driveway

Home Design

  • Triplex

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Full Bathrooms

Listing and Financial Details

  • Tenant pays for cable, electricity, exterior maintenance, garbage pick-up, gas, water, all utilities
  • Assessor Parcel Number 09226168

Property Details

Home Type

Multi-Family

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Construction Status: Complete
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.15476
  • Ratio Current Price By Acre: 446593.00
  • Ratio Current Price By Sq Ft: 91.54
  • Year Built: 1925
  • Special Features: None

Interior Features

  • Foundation Details: Basement Inside Entrance
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Equipment: Cable Prewire, Electric Range
  • Flooring: Carpet, Vinyl, Wood
  • Laundry Location: Main
  • Sq Ft Additional: 463
  • Total Sq Ft: 2649

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Gravel
  • Parking: Driveway

Utilities

  • Heating: Central Air, Gas Hot Air Furnace
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Lot Dimension: 119x199x116x204
  • Lot Size Area: 0.543
  • Parcel Number: 09226168
  • Zoning Specification: Resd

Rental Info

  • Tenant Pays: Cable, Electricity, Exterior Maintenance, Garbage Pick-up, Gas, Water, All Utilities

Tax Info

  • Tax Value: 217400.00
  • Tax Location: Monroe

Multi Family

  • Unit Count: 3
  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2021
Closed on
Oct 8, 2021
Sold by
Lewis Alfred M and Lewis Linda M
Bought by
Garcia Alfonso Gallardo
Seller's Agent
Kathy Wing
NorthGroup Real Estate LLC
Buyer's Agent
Gabriel Hrebien
Keller Williams Ballantyne Area
List Price
$210,000
Sold Price
$242,500
Premium/Discount to List
$32,500
15.48%
Current Estimated Value
$325,974

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,474
Avg. Annual Appreciation
7.62%

Purchase Details

Closed on
Apr 19, 2021
Sold by
Lewis Alfred M and The Alfred M Lewis Jr Living T
Bought by
Lewis Alfred M and Lewis Linda M

Purchase Details

Closed on
Sep 5, 2018
Sold by
Lewis Alfred M and Lewis Linda
Bought by
Lewis Alfred M and Alfred M Lewis Jr Living Trust
Source: Public Records

Range of Values:

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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
Garcia Alfonso Gallardo $242,500 None Available
Lewis Alfred M -- None Available
Lewis Alfred M -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/08/2021 10/08/21 Sold $242,500 0.0% $92 / Sq Ft
09/20/2021 09/20/21 Pending -- -- --
08/27/2021 08/27/21 Off Market $242,500 -- --
06/05/2021 06/05/21 Pending -- -- --
06/05/2021 06/05/21 For Sale $210,000 -- $79 / 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 $2,375 $217,800 $20,100 $197,700
2023 $2,375 $217,800 $20,100 $197,700
2022 $2,375 $217,800 $20,100 $197,700
2021 $2,371 $217,400 $19,700 $197,700
2020 $1,350 $100,160 $15,260 $84,900
2019 $1,350 $100,160 $15,260 $84,900
2018 $618 $100,160 $15,260 $84,900
2017 $1,370 $100,200 $15,300 $84,900
2016 $1,356 $100,160 $15,260 $84,900
2015 $778 $100,160 $15,260 $84,900
2014 $1,613 $132,230 $17,030 $115,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3750781

Canopy MLS (Canopy Realtor® Association)

APN: 09-226-168