NOT LISTED FOR SALE

507 Colony Rd Monroe, NC 28112

Estimated Value: $156,000 - $205,000

3 Beds
1 Bath
900 Sq Ft
$200/Sq Ft Est. Value

Last Sold November 26, 2018

Last sale price $125,000 $139 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $1,068/month

30 Days on Market

About This Home

As of November 2018

If you're looking for a low-maintenance, single story home in a super-convenient location that's near shopping, schools, and more then 507 Colony might be the house you've been waiting for. The renovation was just completed so you'll enjoy new paint, a new kitchen, freshly refinished hardwood flooring, a brand new bathroom, brand new windows, a new roof, all new lighting and more.

Last Agent to Sell the Property

Richard Price

R.W Price Realty LLC License #80808 Listed on: 09/18/2018

Last Buyer's Agent

Morgan Barr

Marett Brokerage License #296454

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1972

Lot Details

  • 0.25

Home Design

  • Ranch Style House

Flooring

  • Wood
  • Vinyl

Additional Features

  • 1 Full Bathroom
  • Crawl Space

Listing and Financial Details

  • Assessor Parcel Number 09-274-040

Home Details

Home Type

Single Family

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Ranch
  • Ratio Close Price By List Price: 0.96154
  • Ratio Close Price By Original Li: 0.96154
  • Ratio Current Price By Acre: 500000.00
  • Ratio Current Price By Sq Ft: 138.89
  • 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: Dishwasher, Electric Dryer Hookup, Electric Range, Refrigerator, Electric Oven
  • Flooring: Vinyl, Wood
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 900
  • Total Sq Ft: 900

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Concrete
  • Parking: Driveway

Utilities

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

Schools

  • Elementary School: Walter Bickett
  • Middle School: Monroe
  • High School: Monroe

Lot Info

  • Lot Size Area: 0.250
  • Parcel Number: 09-274-040
  • Plat Reference Section Pages: 743
  • Zoning Specification: res

Tax Info

  • Tax Value: 53700.00
  • Tax Location: Monroe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 21, 2024
Sold by
Da Mattos Robert Martin and De Mattors Bridget
Bought by
Molly & Matt Investments Llc
Current Estimated Value
$180,129

Purchase Details

Listed on
Sep 18, 2018
Closed on
Nov 11, 2018
Sold by
Hallisey Amy and Spicer Matthew
Bought by
Hallisey Michael
Seller's Agent
Richard Price
R.W Price Realty LLC
Buyer's Agent
Morgan Barr
Marett Brokerage
List Price
$130,000
Sold Price
$125,000
Premium/Discount to List
-$5,000
-3.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.34%
Original Mortgage
$120,280
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Listed on
Sep 18, 2018
Closed on
Nov 9, 2018
Sold by
Hallisey Michael
Bought by
Mattos Robert Martin De and Mattos Cecelia T De
Seller's Agent
Richard Price
R.W Price Realty LLC
Buyer's Agent
Morgan Barr
Marett Brokerage
List Price
$130,000
Sold Price
$125,000
Premium/Discount to List
-$5,000
-3.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,280
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 23, 2007
Sold by
Fafco Inc
Bought by
Hallisey Michael and Hallisey Amy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,000
Interest Rate
6.65%
Mortgage Type
Seller Take Back
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
Molly & Matt Investments Llc $155,000 None Listed On Document
Hallisey Michael -- None Available
Mattos Robert Martin De $122,500 None Available
Hallisey Michael $51,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mattos Robert Martin De $120,280
Previous Owner Hallisey Michael $49,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/26/2018 11/26/18 Sold $125,000 -3.8% $139 / Sq Ft
10/18/2018 10/18/18 Pending -- -- --
10/09/2018 10/09/18 For Sale $130,000 0.0% $144 / Sq Ft
09/29/2018 09/29/18 Pending -- -- --
09/18/2018 09/18/18 For Sale $130,000 -- $144 / 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 $1,046 $95,900 $17,300 $78,600
2023 $1,046 $95,900 $17,300 $78,600
2022 $1,046 $95,900 $17,300 $78,600
2021 $981 $90,000 $17,300 $72,700
2020 $723 $53,730 $13,430 $40,300
2019 $723 $53,730 $13,430 $40,300
2018 $331 $53,730 $13,430 $40,300
2017 $734 $53,700 $13,400 $40,300
2016 $726 $53,730 $13,430 $40,300
2015 $417 $53,730 $13,430 $40,300
2014 $885 $72,510 $16,730 $55,780
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3435613

Canopy MLS (Canopy Realtor® Association)

APN: 09-274-040