NOT LISTED FOR SALE

400 E Talleyrand Ave Monroe, NC 28112

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

Sale Details

Date Sold: October 3, 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

10,454 Sq Ft Lot

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2022
Closed on
Oct 3, 2022
Sold by
Bought by
Seller's Agent
Joshua Greenwald
Blanq Real Estate
Buyer's Agent
Valerie Yates
NorthGroup Real Estate LLC
List Price
$505,000
Sold Price
$478,000
Premium/Discount to List
-$27,000
-5.35%
Views
13

Purchase Details

Listed on
Feb 11, 2021
Closed on
Apr 12, 2021
Sold by
Bought by
Seller's Agent
Michael Calabrese
Prism Properties & Development Inc
Buyer's Agent
Tanya Carlson
IT Realty, LLC
List Price
$255,000
Sold Price
$250,000
Premium/Discount to List
-$5,000
-1.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
55.41%
Original Mortgage
$180,000
Interest Rate
0.03%
Mortgage Type
Construction

Purchase Details

Listed on
Sep 1, 2017
Closed on
Jul 11, 2017
Sold by
Bought by
Seller's Agent
Brian Zimmerman
Coldwell Banker Realty
Buyer's Agent
Brian Zimmerman
Coldwell Banker Realty
Sold Price
$450

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.92%
Original Mortgage
$110,000
Interest Rate
0.0394%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 18, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
0.0633%
Mortgage Type
Commercial
Source: Public Records
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$478,000 --
$250,000 Carolina Title
$175,000 None Available
$163,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $184,000
Closed $180,000
Closed $110,000
Closed $88,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $441,900
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

MLS Number: 3868890

Canopy MLS
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