$280,000
SOLD FEB 10, 2025

3720 Lancaster Hwy Monroe, NC 28112

2 Beds
1 Bath
900 Sq Ft
1.98 Acres

Recently Sold

$311 Per Sq Ft

12% Below List Price

45 Days on Market

Highlights

  • Wooded Lot
  • Front Green Space
  • 1-Story Property
  • Porch
  • Shed
  • Attached Carport

About This Home

As of February 2025

Discover your ideal home with this cozy and well-maintained full-brick house, perfectly situated on a peaceful 2-acre lot. Offering a serene retreat, the expansive, tree-free land provides endless opportunities for outdoor activities, gardening, or simply enjoying the wide-open space. Inside, the spacious living room is designed for comfort and relaxation, while the inviting dining area is perfect for family meals and gatherings. Whether you're a first-time buyer or looking to downsize, this home offers the perfect combination of comfort and space. Don’t let this opportunity slip away!

Last Agent to Sell the Property

Maycol Banegas Chavarria

NorthGroup Real Estate LLC Brokerage Email: maycoltherealtor@gmail.com License #320624 Listed on: 11/25/2024

NorthGroup Real Estate LLC

Last Buyer's Agent

A.J. Long

Jason Mitchell Real Estate License #180033

Jason Mitchell Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $992

Year Built

  • Built in 1964

Lot Details

  • Front Green Space
  • Level Lot
  • Cleared Lot
  • Wooded Lot
  • Property is zoned AF8

Parking

  • Attached Carport

Home Design

  • Composition Roof
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 1-Story Property
  • Crawl Space
  • Electric Range

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Shed
  • Porch

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 04-222-006

Home Details

Home Type

Single Family

Est. Annual Taxes

$992

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1964
  • Road Surface Type: Gravel, Concrete
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 311.11
  • Geocode Confidence: High
  • Attribution Contact: maycoltherealtor@gmail.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: No
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 900
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Main: 250
  • Sq Ft Unheated Total: 250
  • Sq Ft Upper: 0
  • Appliances: Electric Range
  • Above Grade Finished Sq Ft: 900
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 900
  • Bedroom Main: 2
  • Room Count: 7

Exterior Features

  • New Construction: No
  • Roof: Composition
  • Construction Type: Site Built
  • Construction Type: Brick Full
  • Other Structures: Shed(s)
  • Patio And Porch Features: Porch

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Attached Carport

Utilities

  • Heating: Central, Heat Pump
  • Sewer: Septic Installed
  • Laundry Features: Utility Room
  • Cooling: Central Air, Heat Pump
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Lot Features: Cleared, Green Area, Level, Wooded
  • Lot Size Area: 1.98
  • Lot Size Units: Acres
  • Parcel Number: 04-222-006
  • Zoning: AF8
  • ResoLotSizeUnits: Acres
  • Zoning Specification: AF8

Green Features

  • Green Verification Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 25, 2024
Closed on
Jan 27, 2025
Sold by
Romero Jacqueline S and Ayala Cristhian Eulises
Bought by
Ellis Robert and Ellis Melissa
Seller's Agent
Maycol Banegas Chavarria
NorthGroup Real Estate LLC
Buyer's Agent
A.J. Long
Jason Mitchell Real Estate
List Price
$320,000
Sold Price
$280,000
Premium/Discount to List
-$40,000
-12.5%
Views
45
Current Estimated Value
$281,455

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,455
Avg. Annual Appreciation
-1.40%
Original Mortgage
$274,928
Outstanding Balance
$274,462
Interest Rate
6.85%
Mortgage Type
FHA
Estimated Equity
$3,186

Purchase Details

Listed on
Jul 19, 2019
Closed on
Aug 15, 2019
Sold by
Haynes Carolyn
Bought by
Romero Jacqueline S and Ayala Cristhian Eulises Santamaria
Seller's Agent
Lisa Brady
EXP Realty LLC Ballantyne
Buyer's Agent
Mike Koman
EXP Realty LLC Ballantyne
List Price
$149,900
Sold Price
$149,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.03%
Original Mortgage
$147,184
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 31, 2012
Sold by
Calhoun Scott and Calhoun Melissa
Bought by
Haynes Carolyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,795
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 28, 2009
Sold by
Starnes Fowler Mary Hilda and Fowler Alfred J
Bought by
Calhoun Scott and Calhoun Melissa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,822
Interest Rate
4.86%
Mortgage Type
FHA
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 $280,000 None Listed On Document
Warranty Deed $150,000 None Available
Warranty Deed $88,000 None Available
Warranty Deed $65,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $274,928 FHA
Previous Owner $147,184 FHA
Previous Owner $8,000 Stand Alone Second
Previous Owner $89,795 New Conventional
Previous Owner $63,822 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2025 02/10/25 Sold $280,000 -3.4% $311 / Sq Ft
01/09/2025 01/09/25 Pending -- -- --
12/18/2024 12/18/24 Price Changed $290,000 -6.5% $322 / Sq Ft
12/09/2024 12/09/24 Price Changed $310,000 -3.1% $344 / Sq Ft
11/25/2024 11/25/24 For Sale $320,000 +113.5% $356 / Sq Ft
08/15/2019 08/15/19 Sold $149,900 0.0% $167 / Sq Ft
07/22/2019 07/22/19 Pending -- -- --
07/19/2019 07/19/19 For Sale $149,900 -- $167 / 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 $992 $154,300 $31,100 $123,200
2023 $919 $144,800 $31,100 $113,700
2022 $802 $126,400 $31,100 $95,300
2021 $786 $124,800 $31,100 $93,700
2020 $635 $82,370 $22,070 $60,300
2019 $648 $82,370 $22,070 $60,300
2018 $648 $82,370 $22,070 $60,300
2017 $690 $82,400 $22,100 $60,300
2016 $668 $82,370 $22,070 $60,300
2015 $679 $82,370 $22,070 $60,300
2014 $705 $101,270 $38,910 $62,360
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4203164

Canopy MLS (Canopy Realtor® Association)

APN: 04-222-006