NOT LISTED FOR SALE

2501 Lancaster Hwy Monroe, NC 28112

Estimated Value: $336,106 - $370,000

3 Beds
2 Baths
1,520 Sq Ft
$234/Sq Ft Est. Value

Last Sold July 01, 2019

Last sale price $207,500 $137 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $1,995/month

121 Days on Market

About This Home

As of July 2019

Old contemporary home totally updated with today’s amenities. This 3 Bedroom 2 Bathroom home still has a old contemporary feel. Words don’t do it justice, you must see this one. Truly one of kind. Beautiful Living area along with big beautiful windows. Still has antique 1960 rod iron post on carport, very rare. This home has an 1,100 sq ft unfinished basement. This space can be finished with a full bathroom, same flooring as 1st floor adding lots of equity for the new owners should they decide to finish it. The seller/ investor wanted to make sure the new owners not only had a beautiful new home but an investment for there future..

Last Agent to Sell the Property

Marques Washington

NorthGroup Real Estate LLC License #305802 Listed on: 01/31/2019

NorthGroup Real Estate LLC

Last Buyer's Agent

Karyl Jones

ERA Live Moore License #100994

ERA Live Moore

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1961

Lot Details

  • 1.17

Parking

  • Gravel Driveway

Bedrooms and Bathrooms

  • 2 Full Bathrooms

Listing and Financial Details

  • Assessor Parcel Number 09-327-006

Home Details

Home Type

Single Family

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story Basement
  • Ratio Close Price By List Price: 0.96557
  • Ratio Close Price By Original Li: 0.79838
  • Ratio Current Price By Acre: 177350.43
  • Ratio Current Price By Sq Ft: 136.51
  • Year Built: 1961
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Equipment: Ceiling Fan(s), Cooktop Electric, Microwave, Refrigerator
  • Laundry Location: Main
  • Room Count: 2
  • Main Level Sq Ft: 1520
  • Total Sq Ft: 1520
  • Sq Ft Unheated Basement: 1140
  • Sq Ft Unheated Total: 1140

Exterior Features

  • Construction: Brick Partial
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Gravel
  • Parking: Carport - 1 Car

Utilities

  • Heating: Central Air
  • Sewer: County Sewer
  • Water: County Water
  • Water Heater: Electric

Lot Info

  • Parcel Number: 09-327-006
  • Zoning Specification: AF8

Tax Info

  • Tax Value: 93600.00
  • Tax Location: Union

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2019
Closed on
Jun 25, 2019
Sold by
Parker Christopher L
Bought by
Starnes Matthew B and Starnes Brandy
Seller's Agent
Marques Washington
NorthGroup Real Estate LLC
Buyer's Agent
Karyl Jones
ERA Live Moore
List Price
$259,900
Sold Price
$207,500
Premium/Discount to List
-$52,400
-20.16%
Current Estimated Value
$355,777

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,277
Avg. Annual Appreciation
8.88%
Original Mortgage
$203,741
Outstanding Balance
$181,752
Interest Rate
4.75%
Mortgage Type
FHA
Estimated Equity
$174,025

Purchase Details

Listed on
Dec 29, 2016
Closed on
Dec 22, 2016
Sold by
Palladium Partners Llc
Bought by
Parker Christopher L
Seller's Agent
Michael Calabrese
Prism Properties & Development Inc
Buyer's Agent
Jon Canupp
Blue Cedar Realty, LLC
Sold Price
$1,200

Purchase Details

Closed on
Jul 27, 2013
Sold by
Macdonald Paul
Bought by
Palladium Partners Llc

Purchase Details

Closed on
Mar 7, 2012
Sold by
Neighborhood Housing Group Llc
Bought by
Macdonald Paul

Purchase Details

Closed on
Feb 10, 2012
Sold by
Lausch Sherry Dianne Helms and Lausch Christopher Michael
Bought by
Neighborhood Housing Group Llc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Starnes Matthew B $208,000 None Available
Parker Christopher L $144,500 Chicago Title Insurance Comp
Palladium Partners Llc -- None Available
Macdonald Paul $68,000 None Available
Neighborhood Housing Group Llc $52,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Starnes Matthew B $203,741
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/01/2019 07/01/19 Sold $207,500 -3.4% $137 / Sq Ft
06/01/2019 06/01/19 Pending -- -- --
05/23/2019 05/23/19 Price Changed $214,900 -8.5% $141 / Sq Ft
02/22/2019 02/22/19 Price Changed $234,900 -9.6% $155 / Sq Ft
01/31/2019 01/31/19 For Sale $259,900 0.0% $171 / Sq Ft
02/10/2017 02/10/17 Rented $1,200 -4.0% --
02/06/2017 02/06/17 Under Contract -- -- --
12/29/2016 12/29/16 For Rent $1,250 +13.6% --
02/20/2015 02/20/15 Rented $1,100 0.0% --
02/04/2015 02/04/15 Under Contract -- -- --
01/03/2015 01/03/15 For Rent $1,100 -- --
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 $1,472 $228,800 $23,800 $205,000
2023 $1,452 $228,800 $23,800 $205,000
2022 $1,452 $228,800 $23,800 $205,000
2021 $1,058 $167,900 $23,800 $144,100
2020 $722 $93,590 $16,190 $77,400
2019 $736 $93,590 $16,190 $77,400
2018 $736 $93,590 $16,190 $77,400
2017 $784 $93,600 $16,200 $77,400
2016 $758 $93,590 $16,190 $77,400
2015 $771 $93,590 $16,190 $77,400
2014 $1,296 $115,480 $29,040 $86,440
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3468749

Canopy MLS (Canopy Realtor® Association)

APN: 09-327-006