NOT LISTED FOR SALE

316 Morrow Ave Monroe, NC 28112

Estimated Value: $316,000 - $384,000

2 Beds
1 Bath
888 Sq Ft
$403/Sq Ft Est. Value

Last Sold May 02, 2022

Last sale price $111,000 $125 Per Sq Ft

Est. 222% increase in value since last sale

Current estimated payment $1,961/month

Highlights

  • Ranch Style House
  • Laundry Room
  • Open Lot

About This Home

As of May 2022

Investors project! Superb location just off of downtown Monroe Historic district and walking distance to new science center, and downtown Monroe attractions, including shopping and restaurants. Take this project and make it yours!!!

Last Agent to Sell the Property

Joshua Caruso

Allen Tate/Southland Homes + Realty LLC License #282540 Listed on: 04/25/2022

Co-Listed By

Alicia Love

Allen Tate/Southland Homes + Realty LLC License #288689

Last Buyer's Agent

Trace Weidner

Stephen Cooley Real Estate License #336901

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $158

Year Built

  • Built in 1920

Lot Details

  • Open Lot
  • Property is zoned Cities, CITY

Home Design

  • Ranch Style House

Interior Spaces

  • 888 Sq Ft Home
  • Crawl Space
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Listing and Financial Details

  • Assessor Parcel Number 09-231-150

Home Details

Home Type

Single Family

Est. Annual Taxes

$158

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Year Built: 1920
  • Ratio Current Price By Acre: 482608.70
  • Restrictions: Other - See Media/Remarks
  • Restrictions Description: City of Monroe
  • Road Surface Type: Other
  • Structure Type: One Story
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Flooring: See Remarks
  • Fixture Exception Yn: 0
  • Sq Ft Additional: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 888
  • 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: 0
  • Porch: Front
  • Appliances: Other
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 888
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Half Bathrooms: 0

Exterior Features

  • New Construction: No
  • Roof: None
  • Tax Location: Monroe
  • Construction Type: Site Built
  • Construction Type: Other

Garage/Parking

  • Main Level Garage YN: 0
  • Sq Ft Garage: 0
  • Parking Features: Other

Utilities

  • Heating: None
  • Sewer: Public Sewer
  • Water Heater: Other
  • Laundry Features: Main Level
  • Water Source: Public

Schools

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

Lot Info

  • Lot Features: Open Lot
  • Lot Size Area: 0.23
  • Lot Size Units: Acres
  • Parcel Number: 09-231-150
  • Zoning Description: CITY

Tax Info

  • RATIO List Price By Tax Amount: 1.17582

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 13, 2024
Sold by
Pacheco Rios Javier
Bought by
Story Joshua and Story Kathryn
Current Estimated Value
$357,551

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,026
Outstanding Balance
$376,705
Interest Rate
6.72%
Mortgage Type
FHA
Estimated Equity
-$11,624

Purchase Details

Closed on
Aug 25, 2022
Sold by
Marilyn Marsh Regina
Bought by
Rios Javier Pacheco

Purchase Details

Closed on
Mar 17, 2005
Sold by
Stevens Roland Fred and Shoates Mable
Bought by
Young Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,000
Interest Rate
5.57%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 18, 2000
Sold by
Stevens Roland Fred
Bought by
Stevens Roland Fred and Shoates Mable
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 Buyer Sale Price Title Company
Story Joshua $385,000 None Listed On Document
Rios Javier Pacheco -- None Listed On Document
Young Kathleen $19,000 --
Stevens Roland Fred -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Story Joshua $378,026
Previous Owner Young Kathleen $33,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2022 05/02/22 Sold $111,000 +48.2% $125 / Sq Ft
04/25/2022 04/25/22 Pending -- -- --
04/25/2022 04/25/22 For Sale $74,900 -- $84 / 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 $158 $14,500 $14,500 $0
2023 $158 $14,500 $14,500 $0
2022 $695 $63,700 $14,500 $49,200
2021 $695 $63,700 $14,500 $49,200
2020 $416 $30,940 $12,240 $18,700
2019 $416 $30,940 $12,240 $18,700
2018 $190 $30,940 $12,240 $18,700
2017 $423 $30,900 $12,200 $18,700
2016 $418 $30,940 $12,240 $18,700
2015 $240 $30,940 $12,240 $18,700
2014 $580 $47,530 $15,170 $32,360
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3850899

Canopy MLS (Canopy Realtor® Association)

APN: 09-231-150