NOT LISTED FOR SALE

505 E Hudson St Monroe, NC 28112

Estimated Value: $263,000 - $341,000

6 Beds
2 Baths
2,240 Sq Ft
$130/Sq Ft Est. Value

Sale Details

Date Sold: November 5, 2020

Last sale price $172,500 $77 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $1,722 / mo

20 Days on Market

About This Home

As of November 2020

***AWESOME INVESTOR OPPORTUNITY-8% + CAP Rate!*** Full brick duplex with good rental history. Plenty of parking space in both units and nice size backyard. Tenants have been in the units for over 4 years and they are willing to stay thru end of lease. Good potential for rent increase. Roof is about 8 yrs old. A/C unit and water heaters are not that old either. Tenants own all appliances. Sold "As Is". Information deemed accurate when listed, but not guaranteed. Buyer and/or buyer's agent to confirm all information deemed important. Lease just signed and extends through July 2021.

Last Agent to Sell the Property

Buddy Frey

Keller Williams Unlimited License #205339 Listed on: 09/16/2020

Keller Williams Unlimited

Last Buyer's Agent

Valerie Yates

NorthGroup Real Estate LLC License #288083

NorthGroup Real Estate LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1987

Lot Details

  • 0.3

Parking

  • Gravel Driveway

Home Design

  • Duplex
  • Brick Exterior Construction
  • Slab Foundation

Additional Features

  • Vinyl Flooring
  • 2 Full Bathrooms

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 09-231-101

Property Details

Home Type

Multi-Family

Year Built

Built in 1987

Lot Details

0.3 Acres

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Ratio Close Price By List Price: 0.97183
  • Ratio Close Price By Original Li: 0.93243
  • Ratio Current Price By Acre: 575000.00
  • Ratio Current Price By Sq Ft: 77.01
  • Year Built: 1987
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Full Bathrooms: 2
  • Total Bedrooms: 6
  • Equipment: Ceiling Fan(s), Electric Dryer Hookup
  • Fixture Exception Description: Range, dishwasher
  • Fixture Exception Yn: Yes
  • Flooring: Vinyl
  • Laundry Location: Main
  • Total Sq Ft: 2240

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Gravel
  • Parking: Parking Space - 4+

Utilities

  • Heating: Central Air, Heat Pump - Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Lot Info

  • Parcel Number: 09-231-101
  • Zoning Specification: SFR

Rental Info

  • Tenant Pays: All Utilities

Tax Info

  • Tax Value: 87700.00
  • Tax Location: Union

Multi Family

  • Unit Count: 2
  • Number Of Units Total: 2

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 16, 2020
Closed on
Nov 5, 2020
Sold by
Bought by
Seller's Agent
Buddy Frey
Keller Williams Unlimited
Buyer's Agent
Valerie Yates
NorthGroup Real Estate LLC
List Price
$185,000
Sold Price
$172,500
Premium/Discount to List
-$12,500
-6.76%
Current Estimated Value
$290,590

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,090
Avg. Annual Appreciation
9.63%

Purchase Details

Listed on
May 18, 2018
Closed on
Jul 9, 2018
Sold by
Bought by
Seller's Agent
Antonio Patino
Coldwell Banker Realty
Buyer's Agent
Buddy Frey
Keller Williams Unlimited
List Price
$150,000
Sold Price
$151,000
Premium/Discount to List
$1,000
0.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.88%
Original Mortgage
$113,250
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 25, 2007
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
$96,000
Interest Rate
6.17%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 16, 1997
Sold by
Bought by
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
$173,000 None Available
$151,000 None Available
$120,000 None Available
-- None Available
$67,500 --
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 $113,250
Previous Owner $96,000
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
11/05/2020 11/05/20 Sold $172,500 -2.8% $77 / Sq Ft
10/06/2020 10/06/20 Pending -- -- --
10/05/2020 10/05/20 Price Changed $177,500 -4.1% $79 / Sq Ft
09/16/2020 09/16/20 For Sale $185,000 +22.5% $83 / Sq Ft
07/09/2018 07/09/18 Sold $151,000 +0.7% $67 / Sq Ft View Prior Sale
06/07/2018 06/07/18 Pending -- -- --
06/05/2018 06/05/18 For Sale $150,000 0.0% $67 / Sq Ft
05/25/2018 05/25/18 Pending -- -- --
05/18/2018 05/18/18 Price Changed $150,000 +900.0% $67 / Sq Ft
05/18/2018 05/18/18 For Sale $15,000 -- $7 / 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 $1,932 $221,000 $0 $221,000
2024 $1,881 $172,500 $15,600 $156,900
2023 $1,881 $172,500 $15,600 $156,900
2022 $1,881 $172,500 $15,600 $156,900
2021 $1,881 $172,500 $15,600 $156,900
2020 $1,182 $87,650 $12,950 $74,700
2019 $1,181 $87,650 $12,950 $74,700
2018 $540 $87,640 $12,940 $74,700
2017 $1,198 $87,600 $12,900 $74,700
2016 $1,185 $87,640 $12,940 $74,700
2015 $680 $87,640 $12,940 $74,700
2014 $1,631 $133,680 $10,980 $122,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS

MLS Number: CAR3662876

Canopy MLS

APN: 09-231-101

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