NOT LISTED FOR SALE

504 E Hudson St Monroe, NC 28112

Estimated Value: $315,000 - $518,000

8 Beds
4 Baths
3,100 Sq Ft
$123/Sq Ft Est. Value

Last Sold January 21, 2021

Last sale price $327,000 $105 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $2,546/month

24 Days on Market

About This Home

As of January 2021

Do not disturb the tenants. Do not walk property without the listing agent. No showings until an accepted and fully executed LOI. Each duplex has 2 bedrooms and one bathroom.
2 duplexes with a total of 4 units. Investor's dream!
DO NOT VISIT PROPERTY WITHOUT AN APPOINTMENT.

Last Agent to Sell the Property

Carol Bradley

Bradley Real Estate and Development License #246380 Listed on: 09/12/2020

Last Buyer's Agent

Joshua Caruso

Allen Tate/Southland Homes + Realty LLC License #282540

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1984

Lot Details

  • 0.74

Parking

  • Gravel Driveway

Home Design

  • Duplex
  • Slab Foundation

Additional Features

  • Linoleum Flooring
  • 4 Full Bathrooms

Listing and Financial Details

  • Tenant pays for all utilities
  • Rent includes exterior maintenance, management fee
  • Assessor Parcel Number 09-234-167

Property Details

Home Type

Multi-Family

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Ratio Close Price By List Price: 0.81750
  • Ratio Close Price By Original Li: 0.81750
  • Ratio Current Price By Acre: 441891.89
  • Ratio Current Price By Sq Ft: 105.48
  • Year Built: 1984
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Full Bathrooms: 4
  • Total Bedrooms: 8
  • Equipment: Electric Range, Refrigerator
  • Fixture Exception Description: One tenant owns his/her own appliances
  • Fixture Exception Yn: Yes
  • Flooring: Carpet, Linoleum
  • Laundry Location: Main
  • Total Sq Ft: 3100

Exterior Features

  • Construction: Fiber Cement
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Gravel
  • Parking: Lot

Utilities

  • Heating: Electric Baseboard Heat, Window Unit
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Schools

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

Lot Info

  • Lot Dimension: 140'x227'
  • Lot Size Area: 0.740
  • Parcel Number: 09-234-167
  • Zoning Specification: R8

Rental Info

  • Rent Includes: Exterior Maintenance, Management Fee
  • Tenant Pays: All Utilities

Tax Info

  • Tax Value: 119700.00
  • Tax Location: Monroe

Multi Family

  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2020
Closed on
Jan 20, 2021
Sold by
Mcmahan Linda Stroupe and Palmer Robert D
Bought by
Ja Realty Properties Llc
Seller's Agent
Carol Bradley
Bradley Real Estate and Development
Buyer's Agent
Joshua Caruso
Allen Tate/Southland Homes + Realty LLC
List Price
$399,999
Sold Price
$327,000
Premium/Discount to List
-$72,999
-18.25%
Current Estimated Value
$411,675

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,675
Avg. Annual Appreciation
7.75%

Purchase Details

Closed on
Sep 18, 2006
Sold by
First Connor Corp
Bought by
Mcmahan Linda Stroupe and Early Mae Living Trust

Purchase Details

Closed on
Nov 18, 2002
Sold by
Mcmahan Ron A and Mcmahan Linda S
Bought by
First Connor Corp
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
Ja Realty Properties Llc $327,000 None Available
Mcmahan Linda Stroupe -- None Available
First Connor Corp -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/21/2021 01/21/21 Sold $327,000 -18.2% $105 / Sq Ft
10/06/2020 10/06/20 Pending -- -- --
09/12/2020 09/12/20 For Sale $399,999 -- $129 / 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
2024 $3,501 $321,000 $18,600 $302,400
2023 $3,501 $321,000 $18,600 $302,400
2022 $3,501 $321,000 $18,600 $302,400
2021 $3,501 $321,000 $18,600 $302,400
2020 $1,613 $119,700 $15,000 $104,700
2019 $1,613 $119,700 $15,000 $104,700
2018 $738 $119,700 $15,000 $104,700
2017 $1,637 $119,700 $15,000 $104,700
2016 $1,619 $119,700 $15,000 $104,700
2015 $929 $119,700 $15,000 $104,700
2014 $2,261 $185,320 $13,070 $172,250
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3661935

Canopy MLS (Canopy Realtor® Association)

APN: 09-234-167