NOT LISTED FOR SALE

502 W Franklin St Monroe, NC 28112

Monroe Area

Estimated Value: $354,000 - $396,000

3 Beds
2 Baths
2,222 Sq Ft
$169/Sq Ft Est. Value

Sale Details

Date Sold: October 7, 2021

Last sale price $310,000 $140 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $2,243 / mo

About This Home

As of October 2021

There's something about historic homes that you never find in modern houses. For some, it's the wonder that such beauty could have been created in a time before power tools when windows and doors were hand-carved by master craftsmen rather than mass-produced by electronic machines. Others find joy in the materials from which such homes were constructed. To be sure, no contemporary flooring material can match the beauty that comes from a century of patina on old-growth heart pine. Some love the sound of a skeleton key in a 100-year-old brass lockset, while others marvel at the outside world through the lens of wavy and perfectly imperfect window panes. And every owner of a historic home appreciates living in a place steeped in history where, if the walls could talk, the stories would be as endless as they are fascinating. Whatever your reason, you'll fall in love with 502 W Franklin Street - a historic home with modern amenities conveniently located in Downtown Monroe.

Last Agent to Sell the Property

Richard Price

R.W Price Realty LLC License #80808 Listed on: 09/02/2021

Last Buyer's Agent

Aaron Maye

ATM Auction & Realty LLC License #284695

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1910

Lot Details

  • 7,841

Parking

  • Gravel Driveway

Home Design

  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • 1-Story Property
  • Crawl Space
  • Pull Down Stairs to Attic

Flooring

  • Wood
  • Tile

Outdoor Features

  • Outbuilding

Schools

  • Monroe Middle School
  • Monroe High School

Listing and Financial Details

  • Assessor Parcel Number 09-232-234

Home Details

Home Type

Single Family

Year Built

Built in 1910

Lot Details

7,841 Sq Ft Lot

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Acre: 1722222.22
  • Ratio Current Price By Sq Ft: 139.51
  • Year Built: 1910
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Equipment: Cable Prewire, Dishwasher, Disposal, Electric Oven
  • Flooring: Tile, Wood
  • Interior Amenities: Attic Stairs Pulldown
  • Laundry Location: Main
  • Room Count: 1
  • Sq Ft Additional: 200
  • Main Level Sq Ft: 2222
  • Total Sq Ft: 2222

Exterior Features

  • Construction: Vinyl, Wood
  • Construction Type: Site Built
  • Exterior Features: Outbuilding

Garage/Parking

  • Driveway: Gravel
  • Parking: Driveway

Utilities

  • Heating: Central Air
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Schools

  • Middle Or Junior School: Monroe

Lot Info

  • Parcel Number: 09-232-234
  • Plat Reference Section Pages: 465
  • Zoning Specification: RES

Tax Info

  • Tax Value: 127500.00
  • Tax Location: Monroe

MLS Schools

  • Elementary School: Unspecified
  • High School: Monroe

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
Sep 2, 2021
Closed on
Sep 20, 2021
Sold by
Bought by
Seller's Agent
Richard Price
R.W Price Realty LLC
Buyer's Agent
Aaron Maye
ATM Auction & Realty LLC
List Price
$310,000
Sold Price
$310,000
Current Estimated Value
$374,828

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,828
Avg. Annual Appreciation
4.07%
Original Mortgage
$317,130
Interest Rate
0.028%
Mortgage Type
VA

Purchase Details

Listed on
Nov 28, 2018
Closed on
Nov 16, 2018
Sold by
Bought by
Seller's Agent
James Kerr
J Kerr and Co LLC
Buyer's Agent
James Kerr
J Kerr and Co LLC
List Price
$249,950
Sold Price
$251,900
Premium/Discount to List
$1,950
0.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.58%
Original Mortgage
$247,347
Interest Rate
0.0487%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 11, 2018
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
$122,390
Interest Rate
0.046%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 14, 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
$110,000
Interest Rate
0.052%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 7, 2001
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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
$310,000 None Available
$252,000 None Available
$136,000 None Available
$110,000 --
-- --
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
Open $317,130
Previous Owner $247,350
Previous Owner $247,347
Previous Owner $122,390
Previous Owner $32,900
Previous Owner $37,000
Previous Owner $110,000
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
10/07/2021 10/07/21 Sold $310,000 0.0% $140 / Sq Ft
09/02/2021 09/02/21 Pending -- -- --
09/02/2021 09/02/21 For Sale $310,000 +23.1% $140 / Sq Ft
12/05/2018 12/05/18 Sold $251,900 +0.8% $111 / Sq Ft View Prior Sale
11/29/2018 11/29/18 Pending -- -- --
11/28/2018 11/28/18 For Sale $249,950 -- $110 / 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 $2,630 $300,800 $64,500 $236,300
2024 $2,157 $197,800 $23,500 $174,300
2023 $2,157 $197,800 $23,500 $174,300
2022 $2,157 $197,800 $23,500 $174,300
2021 $2,157 $197,800 $23,500 $174,300
2020 $1,718 $127,470 $16,470 $111,000
2019 $1,718 $127,470 $16,470 $111,000
2018 $657 $106,570 $16,470 $90,100
2017 $1,458 $106,600 $16,500 $90,100
2016 $1,442 $106,570 $16,470 $90,100
2015 $828 $106,570 $16,470 $90,100
2014 $1,830 $150,040 $21,100 $128,940
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2021

    Richard Price

    R.W Price Realty LLC

    (704) 989-5995

    125 Total Sales

    Richard Price
    Section Image

  • A

    Buyer's Agent in 2021

    Aaron Maye

    ATM Auction & Realty LLC

    Section Image

  • J

    Buyer Co-Listing Agent in 2021

    James Kerr

    J Kerr and Co LLC

    (704) 242-4110

    51 Total Sales

    James Kerr
    Section Image
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Map

Source: Canopy MLS

MLS Number: CAR3782091

Canopy MLS

APN: 09-232-234

North Carolina Union County Monroe 28112

502 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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