NOT LISTED FOR SALE

1710 W Franklin St Monroe, NC 28112

Estimated Value: $1,618,000 - $2,121,236

4 Beds
7 Baths
12,078 Sq Ft
$149/Sq Ft Est. Value

Last Sold February 08, 2022

Last sale price $1,650,000 $137 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $10,563/month

58 Days on Market

About This Home

As of February 2022

Lavish, ritzy and stunning this Victorian Home will blow you away with unparalleled craftsmanship throughout including soaring ceilings and large windows that provide an abundance of natural light- Imagine owning 6-acres of pristine land outside of Historic Downtown Monroe with over 12,000 sq. ft of living space which includes 4 bedroom, 5 full bath, 2 half bath. The beautiful landscaped grounds include a large outdoor pavilion that provides a wonderful gathering area and plenty of space for entertaining. This breathtakingly elegant home is currently used as a Wedding Venue/Personal Residence. The atmosphere, accessibility and possibilities for this gem are impossible to replicate. You can maintain the property as a commercial income-baring venue with convenient access to local restaurants and shops. It could become your private personal residence, with architectural drawings already in place, to convert the commercial space into a more traditional residence.

Last Agent to Sell the Property

Andria Sarvey

Keller Williams Ballantyne Area License #297596 Listed on: 04/26/2021

Keller Williams Ballantyne Area

Last Buyer's Agent

Arthur Kramer

Keller Williams Ballantyne Area License #317580

Keller Williams Ballantyne Area

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,631

Year Built

  • 1884

Lot Details

  • 17

Utilities

  • Gas Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,631

Year Built

1884

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Victorian
  • Directions: Take exit 264 for US-601 toward Monroe/Concord, use the right 2 lanes to turn right onto US-601 S/Concord HWY, right onto Concord Ave, Right onto W. Phifer St, Left onto N. Charlotte Ave, right onto Icemorlee St, Left onto N. Johnson St, Right onto West Franklin, home is on the right side before the traffic light.
  • New Construction: No
  • Road Surface Type: Gravel
  • Structure Type: Two Story
  • Subdivision Name: None
  • Ratio Current Price By Acre: 275000.00
  • Restrictions: Historical
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Special Features: None
  • Year Built: 1884

Interior Features

  • Appliances: Cable Prewire, Ceiling Fan(s), CO Detector, Convection Oven, Gas Cooktop, Dishwasher, Disposal, Double Oven, Exhaust Fan, Exhaust Hood, Freezer, Microwave, Natural Gas, Wall Oven
  • Fireplace Features: Den, Family Room, Gas Log, Living Room, Primary Bedroom, Wood Burning
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace: Yes
  • Flooring: Carpet, Slate, Tile, Wood
  • Interior Amenities: Attic Walk In, Breakfast Bar, Cable Available, Cathedral Ceiling(s), Garden Tub, Kitchen Island, Pantry, Split Bedroom, Tray Ceiling, Walk-In Closet(s), Walk-In Pantry
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 1
  • Fixture Exception Yn: 0
  • Sq Ft Additional: 3136
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 10145
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 1933
  • Porch: Front,Porch-Wrap Around
  • Half Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedrooms: 3

Exterior Features

  • Roof: Shingle
  • Exterior Features: Barn(s), Gazebo, In-Ground Irrigation
  • Foundation Details: Crawl Space
  • Construction Type: Wood Siding
  • Lot Features: Level, Private, Wooded
  • Tax Location: Union
  • Construction Type: Site Built

Garage/Parking

  • Parking Features: Attached Garage, Back Load Garage, Garage - 3 Car
  • Main Level Garage YN: 1
  • Sq Ft Garage: 786

Utilities

  • Heating: Central, Multizone A/C, Zoned, Natural Gas
  • Laundry Features: Main Level, Closet, Laundry Room
  • Sewer: Septic Installed
  • Water Source: Public
  • Water Heater: Gas

Schools

  • Elementary School: Unspecified
  • High School: Unspecified
  • Middle Or Junior School: Unspecified
  • HOA Subject To: None

Lot Info

  • Zoning Description: AE4

Tax Info

  • RATIO List Price By Tax Amount: 1.81032

Multi Family

  • Unit Count: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2021
Closed on
Feb 3, 2022
Sold by
Cofield Hilburn Leon and Cofield Shirley M
Bought by
Grande Events Llc
Seller's Agent
Andria Sarvey
Keller Williams Ballantyne Area
Buyer's Agent
Arthur Kramer
Keller Williams Ballantyne Area
List Price
$1,800,000
Sold Price
$1,650,000
Premium/Discount to List
-$150,000
-8.33%
Total Days on Market
58
Current Estimated Value
$1,805,059

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$155,059
Avg. Annual Appreciation
2.36%
Original Mortgage
$950,000
Outstanding Balance
$368,026
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$1,415,420

Purchase Details

Closed on
Sep 27, 2000
Sold by
Franklin Plaza
Bought by
Zp #97 Llc
Source: Public Records

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Range of Values:

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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
Grande Events Llc $1,650,000 None Listed On Document
Zp #97 Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grande Events Llc $950,000
Closed Grande Events Llc $950,000
Previous Owner Hilburn Cofield $210,000
Previous Owner Hilburn Leon C $165,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/08/2022 02/08/22 Sold $1,650,000 -8.3% $137 / Sq Ft
06/23/2021 06/23/21 Pending -- -- --
04/26/2021 04/26/21 For Sale $1,800,000 -- $149 / 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 $5,631 $1,218,800 $411,000 $807,800
2023 $5,554 $1,218,800 $411,000 $807,800
2022 $5,554 $1,218,800 $411,000 $807,800
2021 $5,517 $1,218,800 $411,000 $807,800
2020 $3,908 $994,200 $110,300 $883,900
2019 $3,908 $994,200 $110,300 $883,900
2018 $0 $994,220 $110,320 $883,900
2017 $4,164 $994,200 $110,300 $883,900
2016 $4,028 $994,220 $110,320 $883,900
2015 $4,096 $994,220 $110,320 $883,900
2014 -- $928,760 $175,400 $753,360
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3731681

Canopy MLS (Canopy Realtor® Association)

APN: 09-274-034