NOT LISTED FOR SALE

200 S Washington St Monroe, NC 28112

Estimated Value: $371,599 - $427,000

3 Beds
2.5 Baths
2,454 Sq Ft
$160/Sq Ft Est. Value

Last Sold October 13, 2022

Last sale price $350,000 $143 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,342/month

98 Days on Market

Highlights

  • Living Room with Fireplace
  • Wood Flooring
  • Screened Porch
  • Transitional Architecture
  • Corner Lot
  • Detached Garage

About This Home

As of October 2022

Do you love the character that is only found in older homes but worry about the maintenance? No problem! Here in Historic Downtown Monroe, you can have your cake and eat it, too. This home is an entertainer's dream, and with a brick exterior, there's much less painting to worry about than some of your neighbors have. Built in 1948 as a small bungalow, this house was later expanded and is much larger than it appears from the street. In addition to the added living space, the renovation included an oversized garage with a storage room and office above. However, the best part of the expansion might be the covered outdoor living area where the current owners spend as much time as possible cooking, hanging out with friends, and enjoying the friendly neighborhood. In keeping with being low-maintenance, the lawn is as small as it is beautiful - it only takes about ten minutes to mow the grass - leaving you free to walk downtown and enjoy the shops, restaurants, and breweries.

Last Agent to Sell the Property

Richard Price

R.W Price Realty LLC License #80808 Listed on: 07/07/2022

Last Buyer's Agent

Madison Robinson

Lantern Realty & Development, LLC License #338911

Lantern Realty & Development, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,053

Year Built

  • Built in 1948

Lot Details

  • Fenced
  • Corner Lot

Parking

  • Detached Garage

Home Design

  • Transitional Architecture
  • Brick Exterior Construction

Interior Spaces

  • Ceiling Fan
  • Living Room with Fireplace
  • Screened Porch
  • Crawl Space
  • Electric Range
  • Laundry Room

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Patio
  • Fire Pit

Schools

  • Walter Bickett Elementary School
  • Monroe Middle School
  • Monroe High School

Utilities

  • Central Heating
  • Gas Water Heater

Community Details

  • Historic District Subdivision

Listing and Financial Details

  • Assessor Parcel Number 09-232-163

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,053

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Transitional
  • Year Built: 1948
  • Ratio Current Price By Acre: 1346153.85
  • Restrictions: Architectural Review
  • Second Living Quarters: None
  • Road Surface Type: Gravel
  • Structure Type: One and a Half Story
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 142.62
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Crawl Space
  • Flooring: Carpet, Tile, Wood
  • Fixture Exception Yn: 0
  • Sq Ft Additional: 1112
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1953
  • 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: 501
  • Second Living Quarters Hla: 0
  • Second Living Quarters Sq Ft: 0
  • Porch: Back,Covered,Front,Patio,Porch-Wrap Around,Screened,Side
  • Appliances: Cable Prewire, Ceiling Fan(s), Electric Range
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Living Room
  • Living Area: 2454
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Half Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 1

Exterior Features

  • Exterior Features: Fence, Fire Pit
  • New Construction: No
  • Tax Location: Monroe
  • Construction Type: Site Built
  • Construction Type: Brick

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 526
  • Parking Features: Detached, Garage - 2 Car

Utilities

  • Heating: Central
  • Sewer: Public Sewer
  • Water Heater: Gas
  • Laundry Features: Main Level, Utility Room
  • Water Source: Public

Condo/Co-op/Association

  • Hoa Subject To Dues: No

Schools

  • Middle Or Junior School: Monroe
  • HOA Subject To: None

Lot Info

  • Lot Features: Corner Lot
  • Lot Size Area: 0.26
  • Lot Size Units: Acres
  • Parcel Number: 09-232-163
  • Zoning Description: res
  • ResoLotSizeUnits: Acres

Tax Info

  • RATIO List Price By Tax Amount: 1.53711

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Walter Bickett
  • High School: Monroe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2022
Closed on
Sep 15, 2022
Sold by
Martin Susan Stiles and Martin James Christopher
Bought by
Rearick Elisha and Rearick Zachary Taylor
Seller's Agent
Richard Price
R.W Price Realty LLC
Buyer's Agent
Madison Robinson
Lantern Realty & Development, LLC
List Price
$375,000
Sold Price
$350,000
Premium/Discount to List
-$25,000
-6.67%
Views
14
Current Estimated Value
$393,400

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,400
Avg. Annual Appreciation
1.63%
Original Mortgage
$280,000
Outstanding Balance
$269,905
Interest Rate
5.55%
Mortgage Type
New Conventional
Estimated Equity
$96,499

Purchase Details

Closed on
Aug 25, 1998
Sold by
Moore Thomas H
Bought by
Martin Susan Stiles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,940
Interest Rate
6.91%
Source: Public Records

Range of Values:

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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
Rearick Elisha $350,000 --
Martin Susan Stiles $67,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rearick Elisha $280,000
Previous Owner Parsons Susan S $40,000
Previous Owner Parsons Gregory Paul $101,300
Previous Owner Parsons Gregory P $40,000
Previous Owner Martin Susan Stiles $64,940
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2022 10/13/22 Sold $350,000 0.0% $143 / Sq Ft
07/28/2022 07/28/22 Price Changed $350,000 -6.7% $143 / Sq Ft
07/07/2022 07/07/22 For Sale $375,000 -- $153 / 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 $3,053 $280,000 $12,500 $267,500
2023 $2,483 $227,700 $12,500 $215,200
2022 $2,483 $227,700 $12,500 $215,200
2021 $2,483 $227,700 $12,500 $215,200
2020 $889 $144,280 $14,780 $129,500
2019 $1,944 $144,280 $14,780 $129,500
2018 $889 $144,280 $14,780 $129,500
2017 $1,973 $144,300 $14,800 $129,500
2016 $1,952 $144,280 $14,780 $129,500
2015 $1,120 $144,280 $14,780 $129,500
2014 $2,018 $165,390 $18,610 $146,780
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3881347

Canopy MLS (Canopy Realtor® Association)

APN: 09-232-163