NOT LISTED FOR SALE

501 W Franklin St Monroe, NC 28112

Estimated Value: $250,000 - $462,000

6 Beds
3 Baths
3,538 Sq Ft
$88/Sq Ft Est. Value

Last Sold March 09, 2018

Last sale price $136,000 $38 Per Sq Ft

Est. 128% increase in value since last sale

Current estimated payment $1,853/month

85 Days on Market

About This Home

As of March 2018

INVESTORS 3 Units in home. Tenant occupied. Beautiful old heart pine in some of the home. Sold "As Is", seller will make no repairs.

Last Agent to Sell the Property

Beverly Austin

Century 21 Providence Realty License #55854 Listed on: 10/04/2017

Century 21 Providence Realty

Last Buyer's Agent

Mathew Bessette

HomeRiver Group License #266387

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925

Lot Details

  • 0.29

Home Design

  • Triplex
  • Traditional Architecture

Additional Features

  • 3 Full Bathrooms
  • Corner Lot

Listing and Financial Details

  • Tenant pays for all utilities, cable
  • Assessor Parcel Number 09-232-220-A

Property Details

Home Type

Multi-Family

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Architectural Style: Traditional
  • Ratio Close Price By List Price: 0.80047
  • Ratio Close Price By Original Li: 0.80047
  • Ratio Current Price By Acre: 468965.52
  • Ratio Current Price By Sq Ft: 38.44
  • Year Built: 1925
  • Special Features: None

Interior Features

  • Foundation Details: Basement
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Equipment: Cable Prewire, Ceiling Fan(s), Electric Dryer Hookup, Ice Maker Connection
  • Laundry Location: Main, Upper
  • Total Sq Ft: 3538

Exterior Features

  • Construction: Wood
  • Construction Type: Site Built
  • Publically Maintained Road: Yes

Garage/Parking

  • Parking: Parking Space - 4+

Utilities

  • Heating: Central Air, Gas Hot Air Furnace
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric, Gas

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Lot Dimension: 94' x 132'
  • Lot Features: Corner Lot
  • Lot Size Area: 0.290
  • Parcel Number: 09-232-220-A
  • Zoning Specification: AQ5

Rental Info

  • Tenant Pays: All Utilities, Cable

Tax Info

  • Tax Value: 166600.00
  • Tax Location: Monroe

Multi Family

  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 30, 2023
Sold by
Daniels Travis A and Daniels Erin H
Bought by
Ons Property Management Group Llc
Current Estimated Value
$310,635

Purchase Details

Closed on
Nov 12, 2019
Sold by
Global Software Labs Llc
Bought by
Daniels Travis A

Purchase Details

Closed on
Jan 22, 2019
Sold by
Daniels Travis A and Daniels Erin H
Bought by
Ons Property Management Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$317,508
Interest Rate
4.7%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Oct 4, 2017
Closed on
Mar 9, 2018
Sold by
Global Software Labs Llc
Bought by
Daniels Travis A
Seller's Agent
Beverly Austin
Century 21 Providence Realty
Buyer's Agent
Mathew Bessette
HomeRiver Group
List Price
$169,900
Sold Price
$136,000
Premium/Discount to List
-$33,900
-19.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.18%
Original Mortgage
$102,000
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 27, 2011
Sold by
Rbc Bank Usa
Bought by
Global Software Labs Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,200
Interest Rate
4.16%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jan 31, 2011
Sold by
Peniston Richard H and Peniston Carol O
Bought by
Rbc Bank Usa

Purchase Details

Closed on
Apr 29, 2004
Sold by
Penco Properties Inc
Bought by
Peniston Richard H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.36%
Mortgage Type
Purchase Money Mortgage
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
Ons Property Management Group Llc -- None Listed On Document
Daniels Travis A -- None Available
Ons Property Management Group Llc -- None Available
Daniels Travis A $136,000 Morehead Title Company
Global Software Labs Llc $89,000 None Available
Rbc Bank Usa $155,000 None Available
Peniston Richard H $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ons Property Management Group Llc $317,508
Previous Owner Daniels Travis A $102,000
Previous Owner Global Software Labs Llc $71,200
Previous Owner Peniston Richard H $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/09/2018 03/09/18 Sold $136,000 -20.0% $38 / Sq Ft
12/28/2017 12/28/17 Pending -- -- --
10/04/2017 10/04/17 For Sale $169,900 0.0% $48 / Sq Ft
02/13/2012 02/13/12 Rented $675 0.0% --
02/13/2012 02/13/12 For Rent $675 -- --
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 $2,540 $232,900 $24,300 $208,600
2023 $2,540 $232,900 $24,300 $208,600
2022 $2,540 $232,900 $24,300 $208,600
2021 $2,540 $232,900 $24,300 $208,600
2020 $1,027 $166,620 $17,320 $149,300
2019 $2,244 $166,620 $17,320 $149,300
2018 $1,027 $166,620 $17,320 $149,300
2017 $2,278 $166,600 $17,300 $149,300
2016 $2,254 $166,620 $17,320 $149,300
2015 $1,294 $166,620 $17,320 $149,300
2014 -- $233,040 $21,740 $211,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3326299

Canopy MLS (Canopy Realtor® Association)

APN: 09-232-220-A