NOT LISTED FOR SALE

507 Parker St Monroe, NC 28112

Estimated Value: $208,000 - $395,000

6 Beds
4 Baths
2,124 Sq Ft
$138/Sq Ft Est. Value

Last Sold March 11, 2021

Last sale price $250,000 $118 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $1,712/month

12 Days on Market

Highlights

  • Traditional Architecture
  • Corner Lot
  • Tile Flooring

About This Home

As of March 2021

Rare 3 Bedroom 2 Full bath, large full brick duplex in the heart of downtown Monroe! This low maintenance duplex is fully occupied with updates on right side unit, a newer roof (replaced in 2016 per previous seller) and both sides have a separate paved driveway with carport on each. Large backyard space for both sides to share and located just minutes from Monroe shopping and restaurants. Right unit getting $1000 in rent, left side unit getting $750 in rent. Market rents in area for 3BR range from $1000-1200/mo. With both sides occupied, seller will only show once under contract. OK to drive by property but please do not disturb tenants.

Last Agent to Sell the Property

Rory Cummins

EXP Realty LLC Ballantyne License #103438 Listed on: 01/10/2021

EXP Realty LLC Ballantyne

Last Buyer's Agent

Mariela Garcia

The Agency at Pimentel Garcia LLC License #293241

The Agency at Pimentel Garcia LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1990

Lot Details

  • 0.3

Home Design

  • Duplex
  • Traditional Architecture
  • Brick Exterior Construction

Flooring

  • Tile
  • Vinyl Plank
  • Vinyl

Additional Features

  • 4 Full Bathrooms
  • Crawl Space
  • Corner Lot

Listing and Financial Details

  • Tenant pays for all utilities
  • Rent includes management fee
  • Assessor Parcel Number 09-235-046-B

Property Details

Home Type

Multi-Family

Year Built

Built in 1990

Lot Details

0.3 Acres

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Architectural Style: Traditional
  • Construction Status: Complete
  • Ratio Close Price By List Price: 1.00020
  • Ratio Close Price By Original Li: 1.00020
  • Ratio Current Price By Acre: 833333.33
  • Ratio Current Price By Sq Ft: 117.70
  • Year Built: 1990
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 4
  • Total Bedrooms: 6
  • Equipment: Cable Prewire, Ceiling Fan(s), Dishwasher, Electric Oven, Electric Dryer Hookup, Electric Range
  • Flooring: Tile, Vinyl, Vinyl Plank
  • Laundry Location: Main, Kitchen
  • Total Sq Ft: 2124

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Concrete
  • Parking: Carport - 2 Car, Driveway

Utilities

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

Lot Info

  • Lot Features: Corner Lot
  • Parcel Number: 09-235-046-B
  • Zoning Specification: AQ5

Rental Info

  • Rent Includes: Management Fee
  • Tenant Pays: All Utilities

Tax Info

  • Tax Value: 132700.00
  • Tax Location: Monroe

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2021
Closed on
Feb 10, 2021
Sold by
Dovgalyuk Pavel and Dovgalyuk Inna
Bought by
Dms Capital Llc
Seller's Agent
Rory Cummins
EXP Realty LLC Ballantyne
Buyer's Agent
Mariela Garcia
The Agency at Pimentel Garcia LLC
List Price
$249,950
Sold Price
$250,000
Premium/Discount to List
$50
0.02%
Current Estimated Value
$292,564

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,564
Avg. Annual Appreciation
3.18%
Original Mortgage
$171,500
Outstanding Balance
$152,686
Interest Rate
2.7%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$139,878

Purchase Details

Listed on
Sep 11, 2018
Closed on
Oct 19, 2018
Sold by
Griffin Sadie I and Sadie I Griffin Revocable Trus
Bought by
Dovgalyuk Pavel
Seller's Agent
Cindy French
The French Team Realty
Buyer's Agent
Rory Cummins
EXP Realty LLC Ballantyne
List Price
$150,000
Sold Price
$157,000
Premium/Discount to List
$7,000
4.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.59%
Original Mortgage
$117,750
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 20, 2007
Sold by
Griffin Sadie I
Bought by
Griffin Sadie I and Sadie I Griffin Revocable Trus

Purchase Details

Closed on
Jul 30, 2007
Sold by
Griffin Sadie I and Royd P Griffin Revocable Trust
Bought by
Griffin Sadie I

Purchase Details

Closed on
Mar 23, 2004
Sold by
Griffin Royd P and Griffin Sadie I
Bought by
Griffin Royd P and Royd P Griffin Revocable Trust
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

Date Buyer Sale Price Title Company
Dms Capital Llc $245,000 None Available
Dovgalyuk Pavel $157,000 None Available
Griffin Sadie I -- None Available
Griffin Sadie I -- None Available
Griffin Royd P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dms Capital Llc $171,500
Previous Owner Dovgalyuk Pavel $117,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/11/2021 03/11/21 Sold $250,000 0.0% $118 / Sq Ft
01/22/2021 01/22/21 Pending -- -- --
01/10/2021 01/10/21 For Sale $249,950 +59.2% $118 / Sq Ft
10/23/2018 10/23/18 Sold $157,000 +4.7% $76 / Sq Ft View Prior Sale
09/12/2018 09/12/18 Pending -- -- --
09/11/2018 09/11/18 For Sale $150,000 0.0% $73 / Sq Ft
12/17/2013 12/17/13 Rented $750 0.0% --
12/17/2013 12/17/13 For Rent $750 -- --
Source: Canopy MLS (Canopy Realtor® Association)

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
2025 $2,276 $260,300 $0 $0
2024 $2,531 $232,100 $12,700 $219,400
2023 $2,531 $232,100 $12,700 $219,400
2022 $2,531 $232,100 $12,700 $219,400
2021 $2,531 $232,100 $12,700 $219,400
2020 $1,788 $132,690 $14,990 $117,700
2019 $1,788 $132,690 $14,990 $117,700
2018 $818 $132,690 $14,990 $117,700
2017 $1,814 $132,700 $15,000 $117,700
2016 $1,795 $132,690 $14,990 $117,700
2015 $1,030 $132,690 $14,990 $117,700
2014 $1,953 $160,050 $18,810 $141,240
Source: Public Records

Agents Affiliated with this Home

  • Rory Cummins

    Seller's Agent in 2021

    Rory Cummins

    EXP Realty LLC Ballantyne

    (704) 622-4865

    140 Total Sales

    Rory Cummins
    Section Image

  • M

    Buyer's Agent in 2021

    Mariela Garcia

    The Agency at Pimentel Garcia LLC

    (646) 319-2098

    21 Total Sales

    Mariela Garcia
    Section Image

  • C

    Seller's Agent in 2018

    Cindy French

    The French Team Realty

    Section Image
  • Gary Edwards

    Seller's Agent in 2014

    Gary Edwards

    Keller Williams Select

    (704) 684-1002

    63 Total Sales

    Gary Edwards
    Section Image
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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3695542

Canopy MLS (Canopy Realtor® Association)

APN: 09-235-046-B

North Carolina Union County Monroe 28112

507 Parker St, Monroe, NC

Not Listed for Sale

MultiFamily

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Canopy MLS (Canopy Realtor® Association) 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

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