NOT LISTED FOR SALE

400 E Talleyrand Ave Monroe, NC 28112

6 Beds
4 Baths
2,870 Sq Ft
10,454 Sq Ft Lot

Last Sold October 03, 2022

Last sale price $478,000 $167 Per Sq Ft

121 Days on Market

About This Home

As of October 2022

**DO NOT DISTURB TENANTS - NO SHOWINGS UNTIL CONTRACT & POF IS IN HAND**

Attention Investors! Cash flow!! Property is completely renovated/updated but is still a 1965 rental property. Here's your chance to own an all-brick quadplex just minutes from downtown Monroe. Property is fully leased with a monthly gross income of +/- $3,980 with room to increase as renewals come up.

Buyer / agent to confirm all information.

See media URL for due diligence folder.

**CAN BE SOLD AS A PORTFOLIO WITH MLS#3868878**

Last Agent to Sell the Property

Joshua Greenwald

Blanq Real Estate License #320152 Listed on: 06/04/2022

Last Buyer's Agent

Valerie Yates

NorthGroup Real Estate LLC License #288083

NorthGroup Real Estate LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Lot Details

  • 10,454

Home Design

  • 2,870 Sq Ft Home
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 09-231-184

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • Year Built: 1965
  • Ratio Current Price By Acre: 1927419.35
  • Structure Type: Fourplex
  • ResoPropertyType: ResidentialIncome
  • Special Features: None

Interior Features

  • Foundation Details: See Remarks
  • Fixture Exception Yn: 0
  • Appliances: Other
  • Full Bathrooms: 4
  • Total Bedrooms: 6
  • Living Area: 2870
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Total Sq Ft: 888
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Total Sq Ft: 788

Exterior Features

  • New Construction: No
  • Tax Location: Monroe
  • Construction Type: Site Built
  • Construction Type: Brick Partial, Other

Garage/Parking

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

Utilities

  • Heating: See Remarks
  • Sewer: Public Sewer
  • Water Heater: Other
  • Laundry Features: Other
  • Water Source: Public

Schools

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

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 09-231-184
  • Zoning Description: R
  • ResoLotSizeUnits: Acres

Rental Info

  • Rent Includes: See Remarks
  • Tenant Pays: All Utilities
  • Pets Allowed: Conditional

Tax Info

  • RATIO List Price By Tax Amount: 8.45896

Multi Family

  • Number Of Units Total: 4
  • Unit Count: 2

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified
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Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/03/2022 10/03/22 Sold $478,000 -5.3% $167 / Sq Ft
06/04/2022 06/04/22 For Sale $505,000 +102.0% $176 / Sq Ft
04/16/2021 04/16/21 Sold $250,000 -2.0% $85 / Sq Ft View Prior Sale
02/12/2021 02/12/21 Pending -- -- --
02/11/2021 02/11/21 For Sale $255,000 0.0% $86 / Sq Ft
09/30/2017 09/30/17 Rented $550 0.0% --
09/16/2017 09/16/17 Under Contract -- -- --
09/15/2017 09/15/17 For Rent $550 0.0% --
07/11/2017 07/11/17 Sold $175,000 -5.4% $59 / Sq Ft View Prior Sale
06/02/2017 06/02/17 Pending -- -- --
05/19/2017 05/19/17 For Sale $185,000 -- $63 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $3,863 $441,900 $0 $0
2024 $651 $59,700 $14,700 $45,000
2023 $651 $59,700 $14,700 $45,000
2022 $651 $59,700 $14,700 $45,000
2021 $651 $59,700 $14,700 $45,000
2020 $749 $55,640 $12,340 $43,300
2019 $749 $55,640 $12,340 $43,300
2018 $343 $55,640 $12,340 $43,300
2017 $760 $55,600 $12,300 $43,300
2016 $752 $55,640 $12,340 $43,300
2015 $432 $55,640 $12,340 $43,300
2014 $732 $59,970 $10,360 $49,610
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3868890

Canopy MLS (Canopy Realtor® Association)