NOT LISTED FOR SALE

502 Monroe St Shelby, NC 28150

Estimated Value: $117,000 - $175,000

3 Beds
1 Bath
1,100 Sq Ft
$132/Sq Ft Est. Value

Last Sold April 27, 2020

Last sale price $109,900 $100 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $933/month

50 Days on Market

Highlights

  • Ranch Style House
  • Wood Flooring
  • Separate Outdoor Workshop

About This Home

As of April 2020

Public Remarks -
DO NOT MISS THIS ONE…Adorable well maintained, 3 bedroom, one bath, brick ranch! Enjoy the open concept main living space, with an eat in kitchen and a large living room that can accommodate extended family and friends for all your holiday parties. Recent updates include a tankless water heater and freshly painted walls. This lovely home has beautiful original hardwood floors, great curb appeal, and tons of character. The expansive lot also includes a large, brick, detached, 2 car garage/workshop with a half bath and a separate driveway (ideal for a home business)! Lots of parking, too! Convenient location, just minutes from downtown Shelby, and near many restaurants, grocery stores, etc. Don't miss it!

Last Agent to Sell the Property

Chad Simpson

Real Broker LLC Belmont License #105946 Listed on: 12/20/2019

Real Broker LLC Belmont

Last Buyer's Agent

Chad Simpson

Real Broker LLC Belmont License #105946 Listed on: 12/20/2019

Real Broker LLC Belmont

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1972

Lot Details

  • 0.28

Parking

  • 2

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Flooring

  • Wood
  • Vinyl

Attic

  • Pull Down Stairs to Attic

Additional Features

  • 1 Full Bathroom
  • Crawl Space
  • Separate Outdoor Workshop
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 23518

Home Details

Home Type

Single Family

Year Built

Built in 1972

Lot Details

0.28 Acres

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Ranch
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Acre: 392500.00
  • Ratio Current Price By Sq Ft: 99.91
  • Year Built: 1972
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • Equipment: Cable Prewire, Gas Range, Refrigerator, Gas Oven
  • Flooring: Vinyl, Wood
  • Interior Amenities: Attic Stairs Pulldown
  • Laundry Location: Utility Room
  • Room Count: 1
  • Main Level Sq Ft: 1100
  • Total Sq Ft: 1100

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built
  • Exterior Features: Workshop

Garage/Parking

  • Driveway: Concrete
  • Parking: Detached Garage, Garage - 2 Car

Utilities

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

Lot Info

  • Lot Features: Sloping
  • Parcel Number: 23518
  • Zoning Specification: R

Tax Info

  • Tax Value: 64094.00
  • Tax Location: Shelby

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 10, 2025
Sold by
Substitute Trustee Services Inc
Bought by
Quicken Loans Llc and Rocket Mortgage Llc
Current Estimated Value
$154,618

Purchase Details

Listed on
Dec 20, 2019
Closed on
Apr 27, 2020
Sold by
Deck Alice A
Bought by
Steele Linda
Seller's Agent
Chad Simpson
Real Broker LLC Belmont
Buyer's Agent
Chad Simpson
Real Broker LLC Belmont
List Price
$109,900
Sold Price
$109,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.85%
Original Mortgage
$111,010
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 28, 2007
Sold by
Davis Robert James
Bought by
Beck Alice A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,000
Interest Rate
6.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 16, 2007
Sold by
Davis Ava Deck
Bought by
Deck Alice A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,000
Interest Rate
6.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 14, 2007
Sold by
Deck Barbara K
Bought by
Deck Alice A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,000
Interest Rate
6.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 2, 2007
Sold by
Deck Lee Ann
Bought by
Deck Alice A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,000
Interest Rate
6.27%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Quicken Loans Llc $114,414 None Listed On Document
Steele Linda $110,000 None Available
Beck Alice A -- None Available
Deck Alice A $15,000 None Available
Deck Alice A $5,000 None Available
Deck Alice A $15,000 None Available
Deck Alice A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Steele Linda $111,010
Previous Owner Deck Alice A $54,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/27/2020 04/27/20 Sold $109,900 0.0% $100 / Sq Ft
02/08/2020 02/08/20 Pending -- -- --
01/24/2020 01/24/20 For Sale $109,900 0.0% $100 / Sq Ft
01/12/2020 01/12/20 Pending -- -- --
12/20/2019 12/20/19 For Sale $109,900 -- $100 / 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 $1,552 $155,941 $7,650 $148,291
2024 $1,183 $96,099 $5,100 $90,999
2023 $1,177 $96,099 $5,100 $90,999
2022 $1,177 $96,099 $5,100 $90,999
2021 $1,183 $96,099 $5,100 $90,999
2020 $818 $64,094 $5,100 $58,994
2019 $818 $64,094 $5,100 $58,994
2018 $817 $64,094 $5,100 $58,994
2017 $797 $64,094 $5,100 $58,994
2016 $799 $64,094 $5,100 $58,994
2015 $788 $66,593 $6,120 $60,473
2014 $788 $66,593 $6,120 $60,473
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3576858

Canopy MLS (Canopy Realtor® Association)

APN: 23518

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