NOT LISTED FOR SALE

501 W Franklin St Monroe, NC 28112

Monroe Area

Estimated Value: $269,000 - $431,000

6 Beds
3 Baths
3,538 Sq Ft
$99/Sq Ft Est. Value

Sale Details

Date Sold: March 9, 2018

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

Est. 157% increase in value since last sale

Current estimated payment $2,164 / mo

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

  • Lot Dimensions are 94' x 132'
  • Corner Lot

Home Design

  • Triplex
  • Traditional Architecture

Bedrooms and Bathrooms

  • 3 Full Bathrooms

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

0.29 Acres

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

Lot Info

  • Lot Dimension: 94' x 132'
  • Lot Features: Corner Lot
  • 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

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

Closed on
Oct 30, 2023
Sold by
Bought by
Current Estimated Value
$350,000

Purchase Details

Closed on
Nov 12, 2019
Sold by
Bought by

Purchase Details

Closed on
Jan 22, 2019
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
$317,508
Interest Rate
0.047%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Oct 4, 2017
Closed on
Mar 9, 2018
Sold by
Bought by
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
11.99%
Original Mortgage
$102,000
Interest Rate
0.0415%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 27, 2011
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
$71,200
Interest Rate
0.0416%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jan 31, 2011
Sold by
Bought by

Purchase Details

Closed on
Apr 29, 2004
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
$200,000
Interest Rate
0.0536%
Mortgage Type
Purchase Money Mortgage
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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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
-- None Listed On Document
-- None Available
-- None Available
$136,000 Morehead Title Company
$89,000 None Available
$155,000 None Available
$160,000 --
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
Previous Owner $317,508
Previous Owner $102,000
Previous Owner $124,500
Previous Owner $71,200
Previous Owner $200,000
Previous Owner $120,000
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
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

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 $3,273 $374,400 $65,800 $308,600
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

  • Beverly Austin

    Seller's Agent in 2018

    Beverly Austin

    Century 21 Providence Realty

    (704) 242-2777

    30 Total Sales

    Beverly Austin
    Section Image

  • M

    Buyer's Agent in 2018

    Mathew Bessette

    HomeRiver Group

    (704) 651-7939

    1 Total Sale

    Mathew Bessette
    Section Image
  • Carol Bradley

    Seller's Agent in 2012

    Carol Bradley

    Bradley Real Estate and Development

    (704) 400-6043

    61 Total Sales

    Carol Bradley
    Section Image
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Map

Source: Canopy MLS

MLS Number: CAR3326299

Canopy MLS

APN: 09-232-220-A

North Carolina Union County Monroe 28112

501 W Franklin St, Monroe, NC

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Canopy MLS All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID
Listings courtesy of Canopy MLS as distributed by MLS GRID

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