NOT LISTED FOR SALE

1504 Lancaster Ave Monroe, NC 28112

Estimated Value: $307,153 - $343,000

3 Beds
3 Baths
1,636 Sq Ft
$201/Sq Ft Est. Value

Last Sold May 31, 2019

Last sale price $195,000 $119 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $1,903/month

12 Days on Market

Highlights

  • Ranch Style House
  • Wood Flooring
  • Shed

About This Home

As of May 2019

BEAUTIFULLY RESTORED 3 bedroom, 3 bathroom home features gorgeous refinished hardwood floors and updated kitchen with granite, back splash, peninsula seating option and stainless appliances. Great gathering area, with kitchen, dining area and family room all open. Beautiful barn door separates this area from one end of the home, which includes a bathroom, bedroom and laundry. All bathrooms have been updated and master features a custom walk in shower. Enter to be impressed! There is a back alley for easy exit from the property without having to enter onto the highway.

Last Agent to Sell the Property

Mary Alice Lee

ProStead Realty License #236043 Listed on: 04/12/2019

ProStead Realty

Last Buyer's Agent

Terry Richardson

Richardson Homes & Realty License #207022

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1959

Lot Details

  • 0.39

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Flooring

  • Wood
  • Carpet
  • Tile

Additional Features

  • Oven
  • 3 Full Bathrooms
  • Shed

Listing and Financial Details

  • Assessor Parcel Number 09-279-045

Home Details

Home Type

Single Family

Year Built

Built in 1959

Lot Details

0.39 Acres

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Ranch
  • Ratio Close Price By List Price: 1.02686
  • Ratio Close Price By Original Li: 1.02686
  • Ratio Current Price By Acre: 500000.00
  • Ratio Current Price By Sq Ft: 119.19
  • Year Built: 1959
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement Outside Entrance
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Equipment: Ceiling Fan(s), Cooktop Gas, Dishwasher, Disposal, Ice Maker Connection, Microwave, Natural Gas, Oven
  • Flooring: Carpet, Tile, Wood
  • Laundry Location: Laundry Room
  • Room Count: 1
  • Main Level Sq Ft: 1636
  • Total Sq Ft: 1636

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built
  • Exterior Features: Shed(s)

Garage/Parking

  • Driveway: Asphalt
  • Parking: Carport - 2 Car

Utilities

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

Lot Info

  • Parcel Number: 09-279-045
  • Plat Reference Section Pages: 849
  • Zoning Specification: AQ5

Tax Info

  • Tax Value: 98600.00
  • Tax Location: Union

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2019
Closed on
May 11, 2019
Sold by
Simpson Patricia Ann
Bought by
Bautista Pedro E and Bautista Pedro E
Seller's Agent
Mary Alice Lee
ProStead Realty
Buyer's Agent
Terry Richardson
Richardson Homes & Realty
List Price
$189,900
Sold Price
$195,000
Premium/Discount to List
$5,100
2.69%
Current Estimated Value
$329,038

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,038
Avg. Annual Appreciation
8.06%
Original Mortgage
$191,488
Outstanding Balance
$167,311
Interest Rate
4.1%
Mortgage Type
FHA
Estimated Equity
$161,727

Purchase Details

Listed on
Nov 22, 2017
Closed on
Jun 20, 2018
Sold by
Eclipse Investment Group Llc
Bought by
Simpson Patricia Ann and Simpson Lewis Brown
Seller's Agent
Lauren Pierce
I Save Realty
Buyer's Agent
Amanda Evans
Central Carolina Real Estate Group LLC
List Price
$189,500
Sold Price
$184,000
Premium/Discount to List
-$5,500
-2.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.30%

Purchase Details

Closed on
Jul 17, 2017
Sold by
Connell Richard W O and Connell Petra K O
Bought by
Eclipse Investment Group Llc

Purchase Details

Closed on
Jan 23, 2006
Sold by
Smith Charles Leslie and Smith Dora B
Bought by
Oconnell Richard W and Oconnell Petra K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,400
Interest Rate
6.22%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Bautista Pedro E $195,000 None Available
Simpson Patricia Ann $184,000 None Available
Eclipse Investment Group Llc $80,000 None Available
Oconnell Richard W $103,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bautista Pedro E $191,488
Previous Owner Oconnell Richard W $82,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/31/2019 05/31/19 Sold $195,000 +2.7% $119 / Sq Ft
04/24/2019 04/24/19 Pending -- -- --
04/20/2019 04/20/19 For Sale $189,900 0.0% $116 / Sq Ft
04/14/2019 04/14/19 Pending -- -- --
04/12/2019 04/12/19 For Sale $189,900 +3.2% $116 / Sq Ft
06/20/2018 06/20/18 Sold $184,000 -2.9% $114 / Sq Ft View Prior Sale
06/12/2018 06/12/18 Pending -- -- --
06/08/2018 06/08/18 For Sale $189,500 0.0% $117 / Sq Ft
06/03/2018 06/03/18 Pending -- -- --
11/22/2017 11/22/17 For Sale $189,500 -- $117 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $2,559 $292,700 $0 $0
2024 $1,921 $176,200 $13,400 $162,800
2023 $1,921 $176,200 $13,400 $162,800
2022 $1,921 $176,200 $13,400 $162,800
2021 $1,921 $176,200 $13,400 $162,800
2020 $1,328 $98,570 $15,570 $83,000
2019 $1,328 $98,570 $15,570 $83,000
2018 $608 $98,590 $15,590 $83,000
2017 $1,281 $93,700 $15,600 $78,100
2016 $1,268 $93,690 $15,590 $78,100
2015 $728 $93,690 $15,590 $78,100
2014 $1,337 $109,600 $19,350 $90,250
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3495137

Canopy MLS (Canopy Realtor® Association)

APN: 09-279-045

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