$109,000
SOLD JUL 31, 2025

205 E Phifer St Monroe, NC 28110

0.51 Acre
$213,725 Price per Acre
22,216 Sq Ft Lot

Recently Sold

$54 Per Sq Ft

22% Below List Price

26 Days on Market

About This Lot

As of July 2025

LOCATION LOCATION LOCATION!! Your opportunity to build a business property on this half of an acre lot, just minutes from downtown Monroe. The building has been taken down to the ground. City water/sewer in place.

POSSIBILITY TO REZONE TO RESIDENTIAL/ MULTI-FAMILY THROUGH CITY OF MONROE.

Last Agent to Sell the Property

Jenny Hoang

NorthGroup Real Estate LLC Brokerage Email: JennyHoangRealtor@gmail.com License #314103 Listed on: 06/06/2025

NorthGroup Real Estate LLC

Last Buyer's Agent

Non Member

Canopy Administration

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,495

Lot Details

  • Privacy Fence
  • Possible uses of the property include Commercial
  • Property is zoned AP9

Listing and Financial Details

  • Assessor Parcel Number 09-225-025

Property Details

Property Type

Land

Est. Annual Taxes

$1,495

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Lot
  • Habitable Residence Yn: No
  • Restrictions: N/A
  • Restrictions Description: N/A
  • Road Surface Type: Paved
  • Geocode Confidence: High
  • Attribution Contact: JennyHoangRealtor@gmail.com
  • Special Features: None

Interior Features

  • Possible Use: Commercial

Exterior Features

  • Fencing: Privacy

Garage/Parking

  • Carport Y N: No
  • Open Parking: No

Utilities

  • Sewer: Public Sewer
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Lot Size Area: 0.51
  • Lot Size Units: Acres
  • Parcel Number: 09-225-025
  • Additional Parcels: No
  • Zoning Specification: AP9

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2025
Closed on
Jul 31, 2025
Sold by
Ngo Toan Manh
Bought by
Valentina Guzeva and Olegovich Guzev Alexey
Seller's Agent
Jenny Hoang
NorthGroup Real Estate LLC
Buyer's Agent
Non Member
Canopy Administration
List Price
$139,000
Sold Price
$109,000
Premium/Discount to List
-$30,000
-21.58%
Views
428

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
259.96%

Purchase Details

Listed on
Feb 18, 2019
Closed on
Mar 18, 2019
Sold by
Dms Capital Llc
Bought by
Ngo Toan Manh
Seller's Agent
Brian Mahoney
The Agency at Pimentel Garcia LLC
Buyer's Agent
Marty Briggs
Cottage Real Estate
List Price
$72,500
Sold Price
$67,500
Premium/Discount to List
-$5,000
-6.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.86%

Purchase Details

Closed on
Jul 13, 2018
Sold by
Gm Realty Holdings Llc
Bought by
Dms Capital Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,000
Interest Rate
4.5%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Mar 10, 2015
Sold by
Penegar Bobbie P
Bought by
Gm Realty Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
3.79%
Mortgage Type
Future Advance Clause Open End Mortgage
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 Type Sale Price Title Company
Warranty Deed $109,000 None Listed On Document
Warranty Deed $109,000 None Listed On Document
Warranty Deed $68,000 Barristers Title Services
Warranty Deed $245,000 None Available
Warranty Deed $45,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $392,000 Future Advance Clause Open End Mortgage
Previous Owner $150,000 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2025 07/31/25 Sold $109,000 -21.6% $54 / Sq Ft
06/06/2025 06/06/25 For Sale $139,000 +105.9% $68 / Sq Ft
04/03/2019 04/03/19 Sold $67,500 -6.9% $33 / Sq Ft
03/07/2019 03/07/19 Pending -- -- --
02/18/2019 02/18/19 For Sale $72,500 -- $36 / 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 $1,495 $137,100 $102,400 $34,700
2023 $1,495 $137,100 $102,400 $34,700
2022 $1,495 $137,100 $102,400 $34,700
2021 $1,495 $137,100 $102,400 $34,700
2020 $1,730 $128,400 $102,400 $26,000
2019 $1,730 $128,400 $102,400 $26,000
2018 $791 $128,400 $102,400 $26,000
2017 $1,802 $131,800 $102,400 $29,400
2016 $1,783 $131,800 $102,400 $29,400
2015 $1,023 $131,800 $102,400 $29,400
2014 $1,268 $103,910 $89,210 $14,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4268282

Canopy MLS (Canopy Realtor® Association)

APN: 09-225-025