NOT LISTED FOR SALE

405 Beard St Monroe, NC 28110

Estimated Value: $160,000 - $180,000

2 Beds
1 Bath
780 Sq Ft
$222/Sq Ft Est. Value

Last Sold August 08, 2023

Last sale price $177,500 $228 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $1,005/month

2 Days on Market

Highlights

  • Wooded Lot
  • Tankless Water Heater
  • 1-Story Property
  • Laundry Room
  • Bungalow
  • Central Air

About This Home

As of August 2023

Don’t miss this fantastic investment opportunity - it will not last long! House is newly remodeled by previous owner last year including new windows, granite countertops in kitchen, LVP flooring, and tankless water heater. Appliances are all new within the last year (range, microwave, washer/dryer, refrigerator). Spacious back yard and no HOA. Easy access to NC-74, 2 minute drive from Downtown Monroe and Belk-Tonawanda Park, within 5 minutes of Dickerson Park. Currently tenant occupied - lease in place until March 31, 2024 and tenant is paying $1,300 a month. Make this home yours or take advantage of the investment/rental potential!

Last Agent to Sell the Property

Matt Stone

Stone Realty Group Brokerage Email: matt@mattstoneteam.com License #234656 Listed on: 07/13/2023

Co-Listed By

Kaylin Stansberry

Keller Williams South Park Brokerage Email: matt@mattstoneteam.com License #132678

Last Buyer's Agent

Shannon Goodson

Howard Hanna Allen Tate Southland Homes + Realty LLC License #132405

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1930

Lot Details

  • Wooded Lot
  • Property is zoned AQ5

Parking

  • On-Street Parking

Home Design

  • Bungalow
  • Vinyl Siding

Interior Spaces

  • 780 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer

Schools

  • East Elementary School
  • Monroe Middle School
  • Monroe High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Tankless Water Heater
  • Gas Water Heater

Community Details

  • Armfield Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 09-228-175

Home Details

Home Type

Single Family

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Year Built: 1930
  • Road Surface Type: None
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 227.56
  • Geocode Confidence: High
  • Attribution Contact: matt@mattstoneteam.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 780
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Electric Range, Gas Water Heater, Microwave, Refrigerator, Tankless Water Heater, Washer/Dryer
  • Above Grade Finished Sq Ft: 780
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 780
  • Bedroom Main: 2

Exterior Features

  • New Construction: No
  • Construction Type: Site Built
  • Exclusions: Curtain rods/curtains, "Keys" hanger on wall by front door belong to tenant, bathroom front door
  • Construction Type: Vinyl

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: On Street

Utilities

  • Heating: Natural Gas
  • Sewer: Public Sewer
  • Laundry Features: Laundry Closet, Main Level
  • Cooling: Central Air
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Lot Features: Wooded
  • Lot Size Units: Acres
  • Parcel Number: 09-228-175
  • Zoning: AQ5
  • ResoLotSizeUnits: Acres
  • Zoning Specification: AQ5

MLS Schools

  • Elementary School: East
  • High School: Monroe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2023
Closed on
Aug 8, 2023
Sold by
Radno Erika Elizabeth and Radno Elizabeth Lisa
Bought by
Price Kathryn J
Seller's Agent
Matt Stone
Stone Realty Group
Buyer's Agent
Shannon Goodson
Howard Hanna Allen Tate Southland Homes + Realty LLC
List Price
$170,000
Sold Price
$177,500
Premium/Discount to List
$7,500
4.41%
Views
65
Current Estimated Value
$172,801

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,699
Avg. Annual Appreciation
-1.12%

Purchase Details

Listed on
Nov 17, 2022
Closed on
Nov 9, 2022
Sold by
Fine Rentals Llc
Bought by
Radno Peter P and Radno Erica Elizabeth
Seller's Agent
Thomas Lawing
T. R. Lawing Realty, Inc.
Buyer's Agent
Thomas Lawing
T. R. Lawing Realty, Inc.
Sold Price
$1,300
Views
159

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.13%
Original Mortgage
$100,000
Interest Rate
6.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 3, 1997
Sold by
Rabon Jr James L
Bought by
Rabon James L and Rabon Patricia H
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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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
Price Kathryn J $177,500 None Listed On Document
Radno Peter P $158,000 --
Rabon James L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Radno Peter P $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/08/2023 08/08/23 Sold $177,500 +4.4% $228 / Sq Ft
07/15/2023 07/15/23 Pending -- -- --
07/13/2023 07/13/23 For Sale $170,000 0.0% $218 / Sq Ft
03/27/2023 03/27/23 Rented $1,300 0.0% --
01/26/2023 01/26/23 For Rent $1,300 0.0% --
12/06/2022 12/06/22 Rented $1,300 0.0% --
11/17/2022 11/17/22 For Rent $1,300 0.0% --
11/10/2022 11/10/22 Sold $157,900 -1.3% $202 / Sq Ft View Prior Sale
10/11/2022 10/11/22 Pending -- -- --
09/29/2022 09/29/22 Price Changed $159,900 -8.6% $205 / Sq Ft
09/14/2022 09/14/22 For Sale $174,900 -- $224 / 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 $1,203 $137,600 $0 $0
2024 $805 $73,800 $13,400 $60,400
2023 $713 $65,400 $13,400 $52,000
2022 $713 $65,400 $13,400 $52,000
2021 $713 $65,400 $13,400 $52,000
2020 $389 $28,940 $11,440 $17,500
2019 $389 $28,940 $11,440 $17,500
2018 $178 $28,940 $11,440 $17,500
2017 $395 $28,900 $11,400 $17,500
2016 $391 $28,940 $11,440 $17,500
2015 $224 $28,940 $11,440 $17,500
2014 $444 $36,390 $9,450 $26,940
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4046403

Canopy MLS (Canopy Realtor® Association)

APN: 09-228-175