NOT LISTED FOR SALE

507 N Secrest Ave Monroe, NC 28110

Estimated Value: $158,000 - $242,000

2 Beds
1 Bath
927 Sq Ft
$203/Sq Ft Est. Value

Last Sold November 08, 2021

Last sale price $105,000 $113 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $1,045/month

50 Days on Market

About This Home

As of November 2021

Great Income producing opportunity. Calling all investors looking for long term steady tenants with great history. These homes are Tried and True Real Estate investments with a proven track record. Take advantage of the opportunity while it last. No showings allowed at this time with tenants in place. Once offer is agreed to we can schedule showings. Seller wishes to close no earlier than 10/1/21

Last Agent to Sell the Property

Eric Storey

Blue Collar Realty LLC License #288601 Listed on: 08/24/2021

Co-Listed By

Kelly Horton

Blue Collar Realty LLC License #313696

Last Buyer's Agent

Brian Stickley

Southern Way Homes Realty, LLC License #225660

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1965

Lot Details

  • 0.3

Parking

  • Gravel Driveway

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1 Full Bathroom
  • 1-Story Property
  • Crawl Space

Listing and Financial Details

  • Assessor Parcel Number 09-115-033-E

Home Details

Home Type

Single Family

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Ratio Close Price By List Price: 0.84000
  • Ratio Close Price By Original Li: 0.84000
  • Ratio Current Price By Acre: 350000.00
  • Ratio Current Price By Sq Ft: 113.27
  • Year Built: 1965
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Laundry Location: Kitchen
  • Room Count: 1
  • Main Level Sq Ft: 927
  • Total Sq Ft: 927

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built

Garage/Parking

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

Utilities

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

Lot Info

  • Parcel Number: 09-115-033-E
  • Zoning Specification: r-10

Tax Info

  • Tax Value: 37600.00
  • Tax Location: Monroe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2021
Closed on
Oct 25, 2021
Sold by
Blue Collar Homes Llc
Bought by
Steward Kirk and Steward Laura Lake
Seller's Agent
Eric Storey
Blue Collar Realty LLC
Buyer's Agent
Brian Stickley
Southern Way Homes Realty, LLC
List Price
$125,000
Sold Price
$105,000
Premium/Discount to List
-$20,000
-16%
Current Estimated Value
$187,854

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,854
Avg. Annual Appreciation
15.78%
Original Mortgage
$64,000
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Aug 24, 2021
Closed on
Sep 23, 2021
Sold by
Thomas Rental Property Llc
Bought by
Blue Collar Homes Llc
Seller's Agent
Eric Storey
Blue Collar Realty LLC
Buyer's Agent
Brian Stickley
Southern Way Homes Realty, LLC
List Price
$125,000
Sold Price
$105,000
Premium/Discount to List
-$20,000
-16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Oct 28, 2013
Sold by
Thomas Joyce Long and Thomas Norman C
Bought by
Thomas Rental Property Llc
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
Steward Kirk $105,000 None Available
Blue Collar Homes Llc $80,000 None Available
Thomas Rental Property Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Blue Collar Homes Llc $64,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/08/2021 11/08/21 Sold $105,000 -16.0% $113 / Sq Ft
10/13/2021 10/13/21 Pending -- -- --
08/24/2021 08/24/21 For Sale $125,000 -- $135 / 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 $736 $67,500 $12,600 $54,900
2023 $736 $67,500 $12,600 $54,900
2022 $736 $67,500 $12,600 $54,900
2021 $736 $67,500 $12,600 $54,900
2020 $507 $37,630 $12,630 $25,000
2019 $507 $37,630 $12,630 $25,000
2018 $232 $37,630 $12,630 $25,000
2017 $514 $37,600 $12,600 $25,000
2016 $509 $37,630 $12,630 $25,000
2015 $292 $37,630 $12,630 $25,000
2014 -- $55,500 $17,110 $38,390
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3778416

Canopy MLS (Canopy Realtor® Association)

APN: 09-115-033-E