NOT LISTED FOR SALE

303 Lancaster Ave Monroe, NC 28112

Estimated Value: $582,000 - $755,000

6 Beds
2 Baths
3,303 Sq Ft
$213/Sq Ft Est. Value

Last Sold July 15, 2024

Last sale price $240,000 $73 Per Sq Ft

Est. 193% increase in value since last sale

Current estimated payment $3,853/month

45 Days on Market

About This Home

As of July 2024

**Upset bid has been received, see below.** Amazing opportunity for reviving an Classic home located in the Historic overlay of Monroe. Just seconds to all the new hot spots in Monroe. This home was built as a duplex and features two living rooms with fireplaces. The home needs renovation or restoration services. The home is sold in current condition.
Per Monroe City Planning - Zoned RMD (Residential Medium Density) - the home also falls within Monroe Historic district overlay - May have to conform to single family usage even though it is a duplex by design. Home may have lost its ability to be a duplex. Contact Planning Department at 704-282-4550 for more info. Possible shared driveway agreement.
This home is Administrator's sale and subject to a 10 day upset bid period ending 6/20, upset bid price must be $252,000 or more to upset. 5% earnest money deposit required to clerk of court, no due diligence necessary . Sold As-Is, Where-Is. No repairs will be made or negotiated.

Last Agent to Sell the Property

Kyle Frey

My Townhome Brokerage Email: kyle@mytownhome.com License #234189 Listed on: 05/09/2024

Last Buyer's Agent

Caesar Escobar

Milemma Realty, LLC License #279317

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1939

Lot Details

  • Property is zoned AQ5

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 2-Story Property
  • Crawl Space

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Community Details

  • Historic District Subdivision

Listing and Financial Details

  • Assessor Parcel Number 09-235-105

Home Details

Home Type

Single Family

Year Built

Built in 1939

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1939
  • Road Surface Type: Asphalt, Paved
  • Unit Levels: Two
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 72.66
  • Geocode Confidence: High
  • Attribution Contact: kyle@mytownhome.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1685
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 1618
  • Appliances: None
  • Above Grade Finished Sq Ft: 3303
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 6
  • Living Area: 3303
  • Bedroom Main: 0

Exterior Features

  • New Construction: No
  • Construction Type: Site Built
  • Construction Type: Brick Full

Garage/Parking

  • Main Level Garage YN: 1
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway, Detached Garage

Utilities

  • Heating: None
  • Sewer: Public Sewer
  • Laundry Features: None
  • Cooling: N/A
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 09-235-105
  • Zoning: AQ5
  • Lot Size: Irr
  • ResoLotSizeUnits: Acres
  • Zoning Specification: AQ5

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2024
Closed on
Jul 15, 2024
Sold by
Mark Thomas Miller Special Needs Trust and Dwyer Peter F
Bought by
Avilas Properties Llc
Seller's Agent
Kyle Frey
My Townhome
Buyer's Agent
Caesar Escobar
Milemma Realty, LLC
List Price
$181,000
Sold Price
$240,000
Premium/Discount to List
$59,000
32.6%
Views
367
Current Estimated Value
$703,886

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$463,886
Avg. Annual Appreciation
106.89%

Purchase Details

Closed on
Apr 12, 2022
Sold by
Thomas Miller Mark
Bought by
Mark Thomas Miller Special Needs Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Avilas Properties Llc $240,000 None Listed On Document
Mark Thomas Miller Special Needs Trust -- Perry Bundy Plyler & Long Llp
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/15/2024 07/15/24 Sold $240,000 +32.6% $73 / Sq Ft
05/09/2024 05/09/24 For Sale $181,000 -- $55 / 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
2025 $2,071 $236,900 $0 $0
2024 $1,376 $126,200 $11,600 $114,600
2023 $1,376 $126,200 $11,600 $114,600
2022 $1,376 $126,200 $11,600 $114,600
2021 $1,376 $126,200 $11,600 $114,600
2020 $1,156 $85,810 $14,110 $71,700
2019 $1,156 $85,810 $14,110 $71,700
2018 $529 $85,810 $14,110 $71,700
2017 $1,173 $85,800 $14,100 $71,700
2016 $1,161 $85,810 $14,110 $71,700
2015 $666 $85,810 $14,110 $71,700
2014 $1,720 $76,140 $18,010 $58,130
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4136450

Canopy MLS (Canopy Realtor® Association)

APN: 09-235-105